StormGain launches StormGain DEX, a non-custodial alternative to its centralized exchange

Rick Steves

StormGain DEX becomes accessible once a user connects their own non-custodial wallet and trades directly, with all orders settled on-chain.

StormGain has gone live with a new platform for decentralized trading, StormGain DEX, following several weeks of successful trials.

Supporting decentralized trading of digital assets with no custodial risk, StormGain DEX allows users to retain control of their keys and coins at all times. Crypto trading is made possible via smart contracts which allow orders to be executed promptly and efficiently, according to the firm.

 +55 crypto instruments, including options and tokenized commodities

StormGain DEX is being offered as a complement to its existing StormGain crypto exchange, allowing crypto traders to choose their preferred system, each one with its pros and cons.

The benefits of choosing decentralized crypto trading with StormGain DEX are not limited to being a non-custodial alternative to its centralized exchange. Features include “deep liquidity, a good range of trading pairs, and a user-friendly interface”, the firm said, stating that its full release marks a new chapter for StormGain.

StormGain DEX is said to be user-friendly, with responsive web and smartphone apps, and boasting competitive trading conditions with a product offering that includes crypto options and tokenized commodities among the more than 55 crypto instruments. The firm provides customer service in multiple languages.

Connect non-custodial wallet to StormGain DEX and trade in seconds

StormGain DEX becomes accessible once a user connects their own non-custodial wallet and trades directly, with all orders settled on-chain. There is no need for deposits or user registration, the firm stated. All that’s required is a blockchain wallet to start trading through StormGain DEX in a matter of seconds. Upon sending a trade amount via a blockchain transaction directly to the StormGain DEX smart contract, a trade is opened.

Newly launched to the public, StormGain DEX currently “only” allows users to connect with almost any wallet that supports the WalletConnect protocol, including MetaMask and Argent. The platform will soon add more options.

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