DEX chaos takes turns. How does NGKEX break through the current predicament?

BGV
3 min readApr 3, 2021

The upturn of the cryptocurrency market has led many users to inject funds into it, aiming to get a share in this big pool. However, many users did not expect was that some criminals also took a fancy to this place and carried out illegal actions under the banner of “exchange”. In the end, users suffered a loss when the money was taken away or the currency price plummeted. Many users point the finger at blockchain projects, believing that all blockchain projects and exchanges are deceptive.

NGKEX

In fact, no matter which industry, there will be a small group of lawbreakers who will focus on the loopholes in the industry and try to obtain ill-gotten wealth. The best way for users to obtain high profits in the cryptocurrency market is to conduct a qualification review of the platform and make a prudent judgment on the token.

At the same time, platform should also have a sense of responsibility, put the interests of users first, so that users can be rest assured.

The NGKEX is developed and constructed based on the bottom technology of the NGK blockchain. Soon after it was launched, it has won the affirmation from many users and institutions. Compliance is the main reason for this high popularity.

NGKEX

The NGK blockchain holds an MSB license issued by the US Securities and Exchange Commission (SEC) and is supervised by a dual foundation. Therefore, it is compliant with laws and regulations, and thus, it has been recognized by many users. Therefore, projects launched the NGK blockchain are highly respected by users. When the NGK blockchain launched the NGKEX, it received support and affirmation from many users, who believed that the NGKEX is very trustworthy.

In addition, the NGK project team adopted graphene and InterPlanetary File System (IPFS) when building NGKEX, and was based on the DPOSS consensus mechanism, so that users are rest assured with the crypto trading, contract trading, leveraged trading and OTC trading on NGKEX. The team guarantees the smooth operation of NGKEX to the greatest extent for users can enjoy fast transactions without being affected by network stalls.

NGKEX

In addition to compliance and platform stability, the NGK project team also considered slippage issues. The NGKEX uses the AMM slippage system. The advantage of this system is that it will not be affected by large-scale transactions or large market conditions, and it can effectively reduce slippage and losses from user transaction.

In summary, the NGKEX is perfect in terms of compliance, stability, and slippage. Therefore, it has been welcomed and sought after by many users, becoming a trusted user platform in the DEX market.

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