The Solana (SOL) network has witnessed incredible growth over the last few years. The SOL network is becoming more and more resilient as more projects commence on it. A trustworthy centralized exchange (CEX) was absent from the SOL network, despite its growing popularity. This is where SolCex comes in.
SolCex is the first CEX on the Solana network. The platform’s native token is $SOLCEX. The project aims to change how investors trade cryptocurrencies and cater to novice and experienced traders alike. The platform offers customers a convenient, safe, and user-friendly way to exchange a range of digital assets. The platform also strongly emphasizes education, security, and user experience.
New Features And Partnerships Drive Adoption
Although the project is fairly new, it has made waves in the cryptocurrency community.
The project has announced many strategic alliances and intriguing new features, which have dramatically increased the exchange’s adoption and popularity. Some projects that have allied with the platform include WIF, Popcat, Mew, PNUT, ACT, FWOG, Michi, Mother, SunDog, MooDeng, Maneki, and Gme.
The latest feature that has gripped users is the staking feature. So far, users have staked over $7.3 million worth of $SOLCEX tokens. Users can earn rewards by simply holding their tokens on the platform. This feature is a great way for users to passively earn money without doing much.
The introduction of Solcex Labs is one of the exciting new features. The goal of this platform is to fund and assist innovative cryptocurrency initiatives. The team plans to host regular X Spaces to discuss the new projects on the platform.
Another initiative by SolCex gaining a lot of traction is its VIP Club. This feature is for users who have more than 400,000 $SOLCEX tokens. VIP users enjoy privileges that regular users do not. VIP users receive airdrops proportional to the number of tokens they own when a new project makes its way to the exchange.
Users can also earn rewards by inviting friends to use SolCex and expanding the community. Another way of earning rewards is by completing tasks via the platform’s task and reward system.
The platform will also offer 24/7 customer support. This move ensures that users do not face any difficulty in trading, or buying digital assets.
$SOLCEX To The Moon
The rise in adoption has also led to an increase in the value of the platform’s native token, $SOLCEX. The asset hit an all-time high of $0.06661 on Nov. 8, 2024. The asset’s price is expected to continue its upward momentum.
The project currently boasts a market cap of nearly $32 million. The exchange is also one of the top 20 centralized exchange (CEX) tokens by market capitalization.
Upcoming Innovations on SolCex
The team is currently working on additional features that could propel SolCex to the next level.
Peer-to-peer (P2P) trading is one such cutting-edge future feature. This feature will enable users to trade cryptocurrencies directly with one another safely and transparently.
To further increase users’ profits, the team is also developing sophisticated trading tools. Spot copy trading and margin trading are a couple of these features.
The SolCex team is also working on a mobile application that could drastically improve user experience. A mobile app will also likely lead to more clients entering the ecosystem.
There is also a credit and debit card integration system in the works. Users will be able to connect their bank cards directly to SolCex for a seamless flow of funds.
To learn more about SolCex, visit their website, X page, or join their Telegram.
DISCLAIMER: THIS IS A SPONSORED POST