Imagine that you want to buy and sell things online, but traditional online markets (like the on-chain exchanges we mentioned) have several issues: sometimes there are not many buyers and sellers in the market, making it hard to sell or buy things; transactions can be very slow, and sometimes you have to wait a long time; and when buying and selling, you have to pay a considerable amount in fees. This can be quite frustrating.
Now, dappOS has launched a new trading feature called IntentEX. This feature acts like a super assistant, helping you buy and sell things more conveniently, quickly, and affordably.
The way IntentEX works is as follows:
1. Operation Intentionality: When you want to buy or sell something, IntentEX turns that idea into a 'task' and finds specialized people (whom we call service nodes) to help you complete this task.
2. Asset Intentionality: You can not only buy and sell but also trade freely across different chains (such as Bitcoin chain, Ethereum chain, etc.), without restrictions.
3. Transaction Intentionality: IntentEX helps you find the best buying and selling prices with these service nodes, and it searches the entire market, not limited to one platform.
IntentEX has several advantages:
- Market-wide Liquidity: It's like looking for buyers and sellers nationwide instead of just in your neighborhood, making it easier to find good prices.
- Lightning-fast Transactions: Since it uses the fast and cheap opBNB chain for settlement, the speed of buying and selling is as fast as lightning.
- Low Fees: The fees are only 0.1%, which is more than three times cheaper than traditional on-chain transactions.
- Decentralization and Transparency: All buying and selling records are publicly available on the chain, and no one can alter them, ensuring the security and transparency of transactions.
In short, IntentEX allows users to buy and sell cryptocurrencies more conveniently, quickly, and affordably. It not only enhances the trading experience but also promotes technological innovation in exchanges, making the entire cryptocurrency market more efficient and decentralized. Moreover, IntentEX uses the opBNB chain, which means that dappOS and the BNB Chain ecosystem are more closely integrated.