PurpleX is a fully autonomous, decentralised cryptoasset exchange which allows direct peer-to-peer trading of a variety of digital assets, including cryptocurrencies, futures, etc.
The PurpleX token is based on the Binance blockchain and can be purchased from the official website through the MetaMask wallet. It gives access to a next-gen decentralised crypto exchange for low-cost and fast trading with the security of advanced blockchain technology.
Here’s how to use PurpleX to get success in the crypto trading market.
PurpleX offers many advantages to its exchanges users, which include a highly secure and impossible to hack exchange platform, ability to trade 24×7, instant earnings credit to wallet, complete transparency and anonymity, instant trade execution, the immutability of conditions, zero human involvement and errors, and fully automated smart and powerful contracts.
You can use these advantages of PurpleX to make big profits from crypto trading. Here are some ways to do it.
Perform trades at a lower than standard fee on PurpleX. As a DEX, PurpleX doesn’t charge hefty fees from its users. There are no middlemen involved in trading, so all you have to pay is a small gas fee per trade. This can effectively boost your profits and help you earn more through trading.
As a decentralised exchange, PurpleX gives complete control to its users. There are no owners here, but users are the owners of their personal data and funds.
Another way you can make money from PurpleX is through advertising. PurpleX will soon allow people to create and sell their own services on the platform and earn commission through advertising on the platform.
PurpleX uses a highly secure and one of the most advanced and feature-rich binance blockchain and also supports the swapping of a large variety of assets across different exchanges. In fact, this is one of the rare features only provided by some exchanges. The cross-compatibility of binance blockchain allows PurpleX users to trade their coins for a wide range of digital assets and cryptocurrencies, both binance-based and others. Here’s why this is a great way to earn extra money while trading cryptocurrencies.
So, PurpleX allows you to trade different cryptocurrencies across exchanges. Now, the price of a cryptocurrency can be different on different exchanges because of delays in updation and other reasons. You can use this to your advantage by purchasing a coin at a lower price from one exchange and immediately selling it on another exchange for a higher price. The difference will be little, but you can make good profits by purchasing a large number of coins.
The PurpleX coin is now available to buy from the official website and will soon be listed on exchanges. Learn more: https://purplx.io/