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NewsBTC 2021-09-01 10:23:47

Orion Protocol Establishes the First and Only Decentralized Gateway to the Entire Crypto Market

The cryptocurrency ecosystem has grown significantly over the last few years. However, the use of digital assets is only limited to tech-savvy individuals, especially from countries where cryptocurrencies are gaining more mainstream attention and status. For most of the world’s population, the concept of digital currencies seems a bit far-fetched, primarily due to the lack of awareness, region-specific regulations, and the complications of registering a trading account and entering the ecosystem. Orion Protocol, built on the most advanced liquidity aggregator ever developed, aims to lower crypto’s entry barriers, empowering the global population to participate in the 21st-century financial revolution. The Orion team has recently unveiled its fully decentralized automated market-maker (AMM) solution that aggregates the liquidity of centralized exchanges (CEXs), decentralized exchanges (DEXs), and swap pools in a unified platform titled Orion Pool. Overcoming The Hurdles of CEXs And DEXs Although centralized exchanges have played a critical role as the entryway to the expanding universe of cryptocurrencies, increased scrutiny from government and financial regulators has severely impacted its reach and potential footprint. Due to this reality, almost every CEX has been forced to tighten onboarding processes, which has increased the registration complications for the average user. Between multiple KYC and AML verifications to week...

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