KEY TAKEAWAYS
- Subhub partners with Ultrade to enhance decentralized growth through innovative trading solutions.
- Ultrade’s NEX technology combines CEX and DeFi strengths, enabling seamless cross-chain trading and marketplace creation.
- The collaboration focuses on community engagement, education, and mutual integrations to expand the decentralized trading ecosystem.
- Both platforms are committed to advancing Web3 innovation and redefining decentralized trading engagement.
Subhub has announced a partnership with Ultrade, a platform known for enabling the launch of Native Exchanges (NEXs). This collaboration aims to foster decentralized growth and empower communities through advanced, user-centric technologies. The announcement was made here.
Ultrade offers a unique approach to cryptocurrency trading by combining the strengths of centralized exchanges (CEXs) and decentralized finance (DeFi). Its NEX technology allows users to quickly create trading marketplaces, list tokens effortlessly, earn trading revenue, and offer cross-chain trading without the need for bridges. This solution, referred to as Trading 3.0, aims to bridge the gap between accessibility and functionality, enabling users to build sustainable trading ecosystems.
Exploring New Avenues for Collaboration
The partnership between Subhub and Ultrade is set to explore multiple avenues for collaboration and innovation. One of the key areas of focus is enhancing communication tools. By utilizing Subhub’s capabilities, the partnership aims to engage users effectively and build thriving Ultrade NEX communities.
Additionally, the collaboration will explore growth opportunities through joint initiatives to introduce Ultrade’s platform to Subhub’s extensive decentralized user base. Education and outreach efforts will also be prioritized to inform and empower communities about the simplicity and profitability of launching and operating their own NEX platforms.
Furthermore, mutual integrations between Subhub and Ultrade are being considered to create a cohesive user experience. By leveraging Ultrade’s NEX technology and Subhub’s decentralized communication platform, the partnership aims to drive adoption, enhance community engagement, and expand the decentralized trading ecosystem.
Commitment to Web3 Innovation
Both Subhub and Ultrade are committed to creating accessible, scalable, and innovative solutions for the Web3 world. The partnership is focused on unlocking new growth pathways and redefining how communities engage with decentralized trading. By working together, the two platforms aim to enhance the decentralized trading landscape and provide users with advanced tools and technologies.
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