Paradex - Coinbase owned 0x-based token exchange platform
Paradex
Coinbase owned 0x-based token exchange platform
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Hunter's comment
Paradex is a token exchange platform built on the 0x network. It was acquired by coinbase in May of 2018 as part of Coinbases' expansion roadmap.
Paradex allows for exchanging tokens without the need for user accounts. The entire operation take place "on-chain", no login necessary! This helps the end user reduce their fee costs and increases the security of the exchange process. From their own website, "Paradex never holds any of our users' funds, and all token transactions occur through the 0x smart contract, thereby minimizing all critical security risks."
Volume is still low and Paradex is not yet available in the United States.
Acquisition announcement - https://blog.coinbase.com/welcome-paradex-to-coinbase-62f16cc9bd74
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