- RocketX is a new cross-chain aggregator set to touch new heights with the type of service they offer. Apparently, the user base of this exchange is growing, and more crypto enthusiasts are testifying about how good it is.
- According to a chart on Twitter, the user base of the RocketX Exchange continues to grow despite stiff competition. The number of users was less than 2,000 in January and is now more than 10,000.
- As the day passes, the exchange continues integrating more cross-chain capabilities. They recently added a Polygon zkevm to make swapping more easier for users.
RocketX is a budding crypto exchange that combines cross-chain swapping with other features of exchanges. However, serving as a hybrid CEX and DEX cross-chain aggregator is what this exchange is known for. Especially for DeFi users who own some assets in CEX exchanges, RocketX serves as a major tool for swapping. Without wasting time, let’s get down to what is RocketX?
What is RocketX?
RocketX is basically an aggregator that works in a hybrid manner for centralized and decentralized exchanges. In other words, you can look up to this exchange as a Google search engine for swapping crypto assets. It helps you look around and find the best prices and terms for crypto swaps. Once you find one, it allows you to carry out the swap seamlessly.
One of the things that makes RocketX Exchange stand out is the freedom of choice it gives users. It finds a vast array of swapping options, and you, as the user, get to make the choice. You can take security, swapping time, slippage, and protection from MEV into consideration. Now you know what is RocketX, what are the benefits?
Benefits Of RocketX Exchange
- RocketX is the definition of how a decentralized platform should be. No wonder it reached more than 10,000 users within a short time. First, it offers users the best rates by aggregating all the best CEX and DEX exchange rates. Furthermore, it offers Interoperability between more than 60 blockchains.
- Secondly, RocketX promotes self-custody and decentralization in a way that makes it appealing. To be honest, you can use the RocketX application without knowing you are using a DeFi application. In fact, you can easily access your favorite CEXs without needing to go there. You keep control of the keys and tokens.
- Thirdly, RocketX Exchange offers the option to any wallet. Apparently, the wallet compatibility scope of RocketX is not a joke. It covers as many exchanges as possible, leaving no room to look for other alternatives.
- Finally, RocketX gives you the best transaction fees you can imagine when swapping. According to their website, they don’t even charge a fee when swapping between DEXs.
Conclusion
RocketX is poised to become one of the leaders in the DeFi and CeFi industry in no distant time. Users’ testimonies and simple platform usage show how it has all it takes to become an industry leader. Already, the platform grew from less than 2,000 to more than 10,000 users this year.
Featured image from RocketX