NewsBTC
2022-01-06 10:06:44

The World’s First DEX Phone App Is Now Live on Android

The key to mass adoption of crypto is currently limited by the fact that most decentralized platforms are too difficult to use. There needs to be an interface to simplify complex, decentralized infrastructures and protocols for the public. An enhancement of user accessibility will break down entry barriers and take consumer experience to the next level. In the current crypto landscape, the major accessibility problems arise from DEXs due to their complex OS and hard-to-figure UI/UX structure. The usage rate is growing at an astonishing pace, but many exchanges are struggling to tap into larger audiences new to the blockchain world. The solution to help overcome these issues lies in taking all the benefits of a DEX and its assets and integrating them into people’s mobile phones. We live in a mobile-first world, so having an application exclusive for smartphones will increase widespread acceptance as people can leverage decentralized exchanges in a frictionless way. Fibswap’s DEX Phone App Is Leading the Charge The current landscape of DeFi is filled with exchanges that lack proper UI and high interoperability. As a result, users struggle to overcome the complexities of both centralized and decentralized exchanges. While DEXs do have the upper hand over CEXs with more privacy, complete ownership, and security, it involves a learning curve. With a mobile application, users can avoid complex steps while using different...

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