PRESS RELEASE. DMEXThe leading decentralized derivatives exchange officially announces the launch of the public API for its users.
DMEX, the decentralized BitMEX alternative, is opening its API to public use. Now traders can connect to the exchange and execute trades using their own interfaces or trading robots, bringing DMEX closer and closer to the full replacement of centralized derivatives exchanges.
Given the latest crackdown on centralized derivatives exchanges such as BitMEX and OKEx, decentralized alternatives are becoming the go-to option for traders to bet on the price of crypto assets while still remaining anonymous and not having to go through KYC checks .
In addition to anonymity, DMEX allows users to keep full custody of their money while trading, accepts ETH, BTC and DAI as margin currencies and offers perpetual contracts with leverage up to 100x. Funds are stored on a smart contract and are never held by the DMEX staff.
DMEX is truly a unique DEX because of its blazing fast execution times, high liquidity and wafer-thin spreads. For new users and practicing traders, DMEX offers a DEMO version of itself, running on the testnet where users have 100 Test-ETH to practice trading and test the characteristics of the stock market.
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