Decentralized exchange IDEX has announced the launch of its “Multiverse” trading solution on the Binance Smart Chain. The new IDEX trading infrastructure will offer cost-effective decentralized exchange trading.
In a Cryptodaily compared gas fees paid by Binance Smart Chain (BSC) users and Ethereum DEX users. The report revealed that since September 2020, BSC users made over 5 million trades while spending $456,000 on gas. On the other hand, Ethereum DEX users have paid just over $207 in gas fees for 46 million trades since 2015. The report further explained that BSC users spend below 10 cents per transaction while Ethereum DEX users pay about $4.50 a transaction.
The CEO and co-founder of IDEX, Alex Wearn, commented on the launch. Expressing his excitement while welcoming the “future of DEX trading,” he said:
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