SINGAPORE – Oct 22, 2021 – Traditional finance and crypto are often viewed as competing ecosystems, which should not be the case. Crypto is an advanced version of today’s markets, with the main distinguishing factor being a decentralized architecture. Despite the differences between crypto and traditional finance, the two ecosystems are mutually beneficial and likely to succeed through integrated solutions, and this is where SATA comes in.
SATA is a new Crypto Currency Exchange that will be launching in Q4 2021, with the focus on compliance and security for its users but linking in deep liquidity from Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs).
The SATA ecosystem is designed to accommodate a wide range of digital assets within one realm taking advantage of hybrid liquidity, without having to leave the platform. It also ensures anonymity, one of the key factors of the SATA exchange. While DEXs do not require KYC (know your customers) and do not have an overarching centralized governance protocol apart from the blockchain it is built upon, they do have limited liquidity, therefore proving inadequate for the daily trader. SATA on the other hand offers a multi-linear approach, allowing access to liquidity pools shared by both, however without having to negate the need for KYC which is a requirement of CEXs.
SATA achieves this through facilitating transactions on users’ behalf and acts as a facilitator in carrying out trades prompted by its users. Its eco-system is built upon allowing users free pass, borderless which in essence is a reflection of what crypto is designed to be. SATA seeks to provide a unique selling proposition in that it is specifically designed to interface with CeFi and DeFi applications on any network and can aggregate trades across them. This is critical and especially exciting for crypto traders everywhere, as there includes additional risks to security, slippage and asset availability since it’s against traditional exchanges. SATA users have their trade products and exchanges available within one platform.
The SATA proposition opens many opportunities both in terms of speed; its initial liquidity pool is with Binance, the leading CEX in the world, which handles circa. $82 Billion in volume daily and PancakeSwap (DEX) which handles more than $1 Billion daily volume. In addition to allowing the opportunity for Chinese Crypto enthusiasts and other geographic regions to continue trading Cryptocurrencies without the geographic barrier of a central governmental authority.
The SATA exchange currently in BETA will launch upon successful audit with Certik, an industry leader in Smart Contract Audits. The Exchange will be governed by its own token initially deployed on Binance Smart Chain (BSC) but bridged across Ethereum ERC & Polygon (Matic) in Q1 2022. SATA is unique it seeks to be the first to solve the balance between centralized and decentralized exchanges, between proprietary software and a modular third-party development, the platform that interfaces with all exchanges and platforms.
For more information, visit https://sata.exchange/.
Media Contact
Company Name: SATA
Contact Person: Vladimir Rusheko
Email: Send Email
Phone: 425-436-6378
Country: United States
Website: https://sata.exchange/