NEAR Vietnam x BTSE DEX AMA: BTSE’s Evolution into the DeFi Space
NEAR Vietnam x BTSE DEX AMA: BTSE’s Evolution into the DeFi Space
The debate between centralized and decentralized exchanges is a defining conversation in the cryptocurrency industry today. BTSE, a forerunner in the centralized exchange domain, offers its unique perspective with the recent unveiling of BTSE DEX. In a candid AMA hosted by NEAR Vietnam, Blake Perez, the Head of DEFI Strategy at BTSE, provided insights on this new venture, its strategies, and the roadmap ahead:
Why BTSE DEX?
At the heart of the BTSE DEX lies a powerful vision: creating a hybrid decentralized trading experience that offers the best of both worlds. Integrated with the Orderly network and its order book, BTSE DEX’s goal is to ensure traders get the liquidity, privacy, and efficiency they seek while still enjoying the autonomy associated with controlling their own private keys.
The Evolution: Merging Centralized with Decentralized
Enhancing a centralized platform with a decentralized one is not just about jumping onto the trend bandwagon. It’s about holistic trading experiences. By collaborating with industry stalwarts like Orderly, BTSE DEX brings the familiar feel of the centralized order book into the decentralized arena. The synergy between the existing centralized exchange and this new venture is clear: BTSE envisions a seamless asset management experience, both on and off-chain.
Community Engagement: The PERP Mainnet Giveaway
To fine-tune the platform and engage with the community, BTSE DEX introduced the PERP MAINNET GIVEAWAY in tandem with NEAR VN and Orderly Network. This partnership allows Vietnamese users a unique chance to engage and win attractive rewards.
Addressing Community Queries
A slew of questions from the Twitter community during the AMA brought forward intriguing insights:
Harnessing CEX Power: The experience from the centralized platform, especially in areas like user experience and trade execution, is being utilized to enhance the trading experience for BTSE DEX users.
Customer Support Commitment: The DEX leverages the robust support system from its centralized counterpart, ensuring users receive timely and professional assistance.
Distinguishing BTSE’s CEX and the BTSE DEX: While the BTSE CEX serves the centralized trading community, BTSE DEX is crafted for those leaning towards decentralized platforms, with both serving different yet complementary needs.
Focus on the Vietnamese Market: Feedback is the cornerstone of BTSE DEX’s strategy for the Vietnamese market. The centralized order book stands out as a unique value proposition when compared to other DEXs on NEAR. It provides more liquidity to provide timely trade execution for the end users.
Understanding Giveaway Events: With different events catering to different segments, the emphasis is on user engagement, exploration, and feedback to fortify the platform.The Verdict?
BTSE DEX isn’t just another player in the DeFi game; it is poised to make significant strides in the decentralized finance landscape. Through open dialogues like the AMA and community engagement initiatives, it’s evident that user feedback and community building are at the heart of its strategy.
