Review Metavault Trade

in #new2 years ago

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Hello everyone... Here I will inform you by writing a review to introduce a very unique new project called Metavault Trade , so for that, have a look at the article that I created below to give you a very good overview of the project, then What benefits do they provide to everyone? Let's go straight to the discussion below.


The platform, which launched in June 2022, represents the next evolution in perpetual crypto trading thanks to a number of crucial improvements to the overall experience, which will convert not just existing decentralized perpetual traders but those who use centralized exchanges as well.



Why Metavault.Trade Tops the Bill

If you’re about to flip open your laptop and jump to the first DEX that Google points you to — wait: Not all DEXs are built the same, and Metavault.Trade is built better than most, with several features that mark it out as being not just superior to all CEXs but all DEXs too. Let’s look at these now.

Slick Interface

Using a DEX can be daunting for a first timer, especially one who hasn’t dealt with leverage before. This is why Metavault.Trade has been designed to be beginner friendly but also contains the kind of features that experienced derivatives traders demand. And don’t forget, decentralized means no need to jump through any complicated KYC hoops.

The Metavault.Trade interface is a breath of fresh air that makes leverage trading uncomplicated and easy to do. Even CEX traders won’t be able to tell the difference.

Groundbreaking Functionality

Most derivative DEXs have functionality far below that of CEXs, which is one of the key reasons they have seen low adoption to date. Metavault.Trade is a game changer in this respect, featuring almost all the type of functionality one would expect from a crypto derivatives platform:

  • Limit orders: place your bids and walk away, safe in the knowledge that they will be executed if met.
  • Stop loss: want an insurance policy when you trade? Set a stop loss and reduce your risk of loss.
  • Take profit: if you’re in profit and you think the market is about to turn, Metavault.Trade gives you the opportunity to take profit as and when you like

These features, and many more, have held back the advancement of DEXs since they arrived on the scene. Not any more!

Slippage? What Slippage?

Anyone who has used a DEX will know that slippage can be a serious problem, particularly with illiquid trading pairs. This can lead to the stated price being very far indeed from the actual conversion price, leaving you with far fewer tokens than you believed you would get.

Metavault.Trade had reinvented the Automated Market Makers (AMM) to the point where slippage is next to nothing on all supported pairs, offering extremely deep liquidity. This is thanks to its multi-asset pool, a feature that allows the platform to have shared liquidity across all the assets it supports, allowing you to buy any amount of a listed token at the exact price shown.

This innovation is something that makes Metavault.Trade a breakthrough DEX exchange.


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Liquidation Protection

Another of the jewels in Metavault.Trade’s crown is its perpetual trading feature, which offers up to 30x for leverage traders. This of course is nothing new, but the team has developed a way to greatly reduce the risk of liquidation for temporary wicks in price — the bane of the leverage trader.

Metavault.Trade aggregates pricing from major DEXes and CEXes through Chainlink and Time-Weighted Average Price (TWAP) in order to produce an average price rather than relying on a single source. This means that whales trying to manipulate the price on a single exchange cannot do so on Metavault.Trade, meaning that scam wicks will hopefully be a thing of the past for users.

Cashback for Referrals

Metavault.Trade’s generous three-tiered referral program rewards users who bring other traders to the platform, with up to 10% fee-cashback for traders, a 15% fee-commission to the referrer paid in MATIC and a 5% fee-commission to the referrer paid in esMVX.

This is an incredibly competitive offer and one that many will benefit from, especially as the platform starts to take off.

Conclusion

Metavault.Trade aim is to overcome the weaknesses of existing exchanges and provide a more transparent, secure and reliable platform. Whereas other exchanges are limited to trading only one or a few crypto or fiat currencies, Metavault.Trade will be able to trade any currency pairs.

https://docs.metavault.trade

https://app.metavault.trade/#/referrals

https://twitter.com/MetavaultTRADE
Zamaika

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