Recently, dappOS launched a new trading function called IntentEX (Intent Execution Network), which makes the experience of buying and selling cryptocurrencies on the chain closer to the centralized exchanges we usually use (such as Binance and Huobi). This function is especially suitable for friends who want to trade quickly but don’t want to be bothered by high transaction fees.
Why do we need this feature?
As we all know, many exchanges on the chain now have less liquidity (that is, the money in the fund pool), so the trading efficiency is slow and the handling fee is expensive. And if you want to play multiple chains at the same time, you have to keep switching wallets, which is very troublesome.
IntentEX is designed to solve these problems. It integrates the resources of all on-chain exchanges and centralized exchanges to help you find the best price and the fastest transaction path.
What’s so great about this feature?
Wide coverage
IntentEX is equivalent to a "big intermediary" that can connect to all major exchanges (both on-chain and off-chain) at the same time, helping you find the most liquid place in the market and ensuring that your transactions are completed quickly.Faster speeds
With IntentEX, your order processing speed is faster than the block generation speed of the blockchain itself, and you no longer have to worry about "queueing" or "traffic jams".Super low fees
Normally, the transaction fee on the chain may cost several dollars. With IntentEX, the fee can be as low as 0.1%. Saving money is earning!Open and Transparent
All transaction records will be written directly on the chain, open and transparent.
How is it achieved?
In fact, the transaction order you send is an "intention" (for example: I want to buy a certain coin at a certain price), and then the dappOS network node will accept the order and help you complete this intention. No matter which chain the transaction occurs on, it will choose the best way to complete the transaction.
Summary
IntentEX is like your personal assistant, which not only makes on-chain transactions faster and more cost-effective, but also seamlessly connects to various exchanges. Whether you are a novice or an old player, you will find that it can greatly improve your trading experience!
