Brave, a creator of a privacy-based browser, announced just yesterday that it is launching its decentralized exchange.
Brave provides a fast, secure, and private browsing service that currently entertains over 25 million users all around the world.
It was initially launched in 2015 with an ad-blocking feature and later it proceeded in the right direction rather rapidly and efficiently and it now holds a community of over 25 million users.
In the meanwhile one of the most intriguing features, they added to Brave browser was a reward system labeled BAT (basic attention tokens) and now they are adding some more features to it.
On the 24th of Feb Brave announced, BAT Roadmap 2.0. Brave pronounced that it is launching its own decentralized exchange or DEX aggregator and a “Brave Wallet, to replace its crypto wallets as well. Brave Tweeted:
BAT Roadmap 2.0 — Brave Decentralized Exchange (DEX) announced: Discounts when using BAT for transaction fees, discounts for BAT holders, BAT utility for search engines; new Brave Wallet, and more https://t.co/dIVXUwp1rP
— Brave Software (@brave) February 23, 2021
Brave’s announcement of launching decentralized exchange or DEX is a major addition to its scope. By launching DEX, Brave is entering a multi-billion dex market.
For instance, Uniswap is the classical example of a decentralized exchange, which is also the single largest DEX platform in the DeFi
Decentralized exchanges like Uniswap, as their name suggest, are different from the centralized exchanges like Binance and Coinbase that are Centralized as they act as intermediaries for the users.
In DEX’s one can exchange coins without the involvement of any intermediaries party. On the contrary to Centralized Exchanges, DEX’s users can exchange coins without any adequate demand or supply been created.
“One of our goals is to make tokens and crypto easy to use for all of our users,” Brave CEO and co-founder Brendan Eich told Decrypt. “The custom DEX which we plan to explore could help achieve this goal by enabling users to exchange BAT and other assets at lower fees, and with better user interface and security, by being built into Brave.”
Ripple’s Co-Founder Suggests that “Crypto Industry should Reconsider Proof-of-Work.”
Lawyer James K. Filan Says XRP Community Could Make A Huge Impact On Ripple Vs. SEC Case
$33M Injected Into XRP Products Within One Week Boosting AUM Of the Sector Up
How Is the XRP Lawsuit Going And How Investors Make More Money on the Recent Fluctuation of XRP Prices?
XRP Holders are Seeking intervention in the SEC’s Lawsuit Against Ripple
Recent Press Release
The Best NFT & DeFi Project Token Sale, TimeCoin(TMCN)
The best opportunity to invest in TimeCoin(TMCN) to realize both capital and income gain. The Special Token Sale of TimeCoin...
Place 1xBit bet BTC and Win
cryptocurrency is very much valued in the modern world, because it allows fast and secure transactions in different parts of...
Hips Payment Group Launches Merchant Token (MTO), a Cryptocurrency That Will Bring Consumer Protection to Blockchain Payments
Solution supports decentralized finance (DeFi) trend with consumer protection via smart contracts. DUBLIN, Ireland (April 1, 2021) – HIPS Payment...
Best 5 Crypto Social Trading Platforms
Over the past few years, technology has brought about drastic changes in how people approach the subject of investment. As...
TimeCoin (TMCN) Special Token Sale is Live Join Now!
The Special Token Sale of TimeCoin (TMCN) was launched on February 15th, 2021, with a 93% discount on the token’s...