Highlights:
● ApolloX launched its new spot trading interface on 22 March
● ApolloX DEX will open popular spot markets in April
● Grid trading and mobile app spot trading will be supported
ApolloX, the world's first CEX-DEX hybrid crypto derivatives exchange, is launching spot trading on both its centralized (CEX) and decentralized (DEX) exchanges to complement its core perpetual futures offering.
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USDT-based spot pairs BTC/USDT and ETH/USDT opened for trading on ApolloX CEX on 22 March. More trading pairs will follow. ApolloX CEX leverages the largest liquidity pool in the world to provide deep liquidity and market depth for easy order fulfillment.
ApolloX DEX, which ranks in the top 5 DEXs by trading volume, will aim to provide more spot trading pairs for users. A wide selection of popular pairs will be curated and listed in the coming months, starting from April.
Both ApolloX CEX and DEX utilize the order book system, where maker and taker orders for a particular asset are updated in real-time.
"Our unique hybrid design helps us cater to different trader profiles and ensure the best trading execution. Building on this, we are expanding into spot trading, which is and can be an important complement to our users' trading strategies, especially when navigating market uncertainty," said ApolloX Captain, Founder of ApolloX.
Expanding Product Suite To Grow Ecosystem
Aside from opening spot markets, new product features will include grid trading and spot trading integration on the ApolloX mobile app.
The new grid trading bot automates the buying and selling of futures contracts by placing orders at preset intervals within a determined price range. The platform also supports a host of technical indicators and risk controls for traders to personalize their trading strategies.
Expanding its product suite is part of ApolloX's efforts to make crypto and blockchain accessible and one of the multiple initiatives to grow the ApolloX ecosystem.
Previously, ApolloX partnered with leading DEX PancakeSwap to bring perpetual trading to all PancakeSwap users.
For more information, please visit ApolloX DEX: www.apollox.finance and ApolloX CEX: www.apollox.com.
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