As a truly innovative DEX, Polkadex is even decentralizing the KYC process… but what does that mean, exactly?

KYC (Know Your Customer) guidelines have caused a headache for financial service providers and users since way before cryptocurrency even existed. However, with the rise of crypto in the last decade and DeFi in the last few years, those headaches have almost turned into migraines, especially for centralized exchange (CEX) users. With the recent growth of the decentralized exchange (DEX) space, it seemed like the KYC issue was finally solved, only for it to reveal the limitations of the space. While there are many issues with the ways it is currently being conducted, KYC is still a necessary process to…

What is a Decentralized Exchange (aka DEX)?

With a decentralised crypto exchange, users can trade tokens without handing custody of their coins over to a third party. A DEX relies on automatically executed protocols called smart contracts that enable crypto trades to happen without a custodian in the middle.

Traders can seek gains and not have to worry that a centralised exchange (CEX) like Binance or Coinbase might suddenly limit access to their crypto or restrict their ability to trade it.

That’s proven to be an attractive offer — particularly for more advanced crypto traders. …

We are hosting bi-weekly Ask Me Anything sessions (AMAs) with our community on our Telegram chat channel. This week’s AMA was dedicated to all things Testnet V3.0.

There were some really good questions, so we thought it deserves more attention.

Questions and Answers from This Week’s AMA

How important is Testnet for the project? Many people are from a non-tech background and they don’t understand it.

Testnet in the blockchain is similar to the MVP or beta version of the product in the traditional tech space. It is very important because here users can try out various features that we are building in a test network environment…

We want to share with you some really exciting news today! We have been building our product over the past months and have already released 2 versions of the Polkadex Orderbook Testnet previously.

We are ready to share the dates for Testtnet V3.0 with you. We decided to do the rollout gradually because we are releasing a lot of different features in the Testnet v3.0.

Meet the full schedule of Technical Milestones for Polkadex Testnet

The dates below are not hard set. We allow some extra time to fix bugs in case they pop up. However, if everything goes according to plan, we may release earlier. …

We’ve been up to some really good stuff in May! Let’s recap what we managed to accomplish this month.

Presentation at Polkadot Decoded

We have some very exciting news coming up for our community! Polkadex is the first project to partner with Polkamon for their new Community Booster program. Together we have created a special NFT called Polkadex Unikle.

Make sure to read this article until the end. You’ll find out how you can win 1 of 5 Polkadex Unikles on the AMA & Twitter giveaways. If you’re not up for participating, there will also be a limited number of Unikles available in Polkamon Booster packs.

With each Unikle you’ll get the opportunity to claim your share of the $10 000 PDEX pool…

One of the most interesting features that Polkadex is bringing to the market is high-frequency trading on an orderbook-based DEX. We have strong partners helping us to build the core technology to allow adding HFT.

What is the collaboration?

Polkadex OU is developing a TEE-inspired Layer 2 technology on in partnership with Supercomputing Systems AG. This collaboration is crucial for delivering the full functionality of Polkadex Orderbook.

Polkadex Orderbook is a non-custodial peer-to-peer Layer 2 based
cryptocurrency exchange built on the Polkadex Network.

SCS AG, a company based in Zurich, Switzerland, brings to the table 25 years of experience…

You probably heard already that we are working towards releasing the final version of Polkadex Testnet. If you are with us since 2020, you also probably know that we have already released two versions of the Testnet before. In this article, we will take a closer look at what we already achieved and what our developers are working on now.

First of all, let’s start with the terms.

Testnet vs Mainnet

Testnet and Mainnet are the terms used for different stages of blockchain product development.

Testnet is an experimental network. Here the developers can test, create, modify and monitor the performance of the…

We are proud to announce that Gautham J, CEO of Polkadex, will be among 40 innovators giving the speech at one of the key events for the blockchain industry this year — Polkadot Decoded 2021.

What is Polkadot Decoded?

It is a virtual conference for all things related to the Polkadot ecosystem. The first event that took place last year was a big success. This year Polkadot Decoded will run on the 19th and the 20th of May 2021.

The conference is inclusive and aimed at both non-technical and technical audiences. There is a wide range of topics from parachains to DeFi, NFTs, IoT…

A week into the new month is a good time to look back. April was a very busy month for us! Here is a recap of what we have done last month and a little glimpse into what we are working on in May.

IDO on Polkastarter


⛓Cutting edge orderbook based DEX built on Substrate 📲

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