SatoshiDEX begins pre-sale of SDEX tokens

LONDON, United Kingdom, March 01, 2024 (GLOBE NEWSWIRE) — SatoshiDEX.ai, the pioneering Bitcoin DeFi platform, announced the launch of the highly anticipated second round of $SDEX presale.

Following the successful conclusion of Phase 1, which saw an impressive fundraising of $700,000, Phase 2 is now live and open to the community, providing an exciting opportunity to get involved in this groundbreaking initiative.

SatoshiDEX is led by a visionary team dedicated to reshaping decentralized finance. In addition to building the world’s first decentralized exchange built directly on Bitcoin L2, we are passionate about creating a robust and inclusive Bitcoin DeFi ecosystem. It aims to foster community participation beyond simple transactions, develop innovative financial products and services, and ultimately provide users with greater control and flexibility over their Bitcoin assets.

The investment raised in the pre-sale round highlights interest in Bitcoin ecosystem projects in the cryptocurrency space. Investors see SatoshiDEX.ai as playing an important role in advancing decentralized finance on the Bitcoin blockchain.

https://satoshidex.ai/

Core features:

• On-chain trading: SatoshiDEX facilitates peer-to-peer trading of Bitcoin-based assets directly on the blockchain, enabling trustless and transparent transactions.
• Liquidity Pools: Similar to Uniswap, SatoshiDEX utilizes liquidity pools for price discovery and efficient asset exchange. Users can contribute assets to the pool and receive rewards for providing liquidity.
• Stacks L2 Chain: SatoshiDEX aims to overcome the scalability limitations of the Bitcoin mainnet and provide faster and cheaper transactions by leveraging the Stacks L2 chain.

SatoshiDEX.AI’s approach to Bitcoin’s DEX development offers a paradigm shift in decentralized asset trading. The security of Bitcoin allows SatoshiDEX.ai to create a decentralized financial ecosystem.

SatoshiDEX.AI white paper is also available!

With these funds, the team is poised to redefine decentralized exchange technology and set new standards for transparency, security, and accessibility in digital finance.

About SatoshiDEX
SatoshiDEX, which operates on the Stacks Layer 2 chain, is a groundbreaking DeFi protocol that is revolutionizing the Bitcoin blockchain ecosystem. As a decentralized exchange, SatoshiDEX facilitates seamless asset exchange and liquidity provision, eliminating the need for packaged assets and expensive Ethereum fees.

The satoshidex.ai platform allows users to trade tokens directly in Bitcoin, improving accessibility and reducing transaction costs. Utilizing Stacks Layer 2 chains ensures rapid transaction processing while maintaining security and decentralization.

SatoshiDEX is leading the new era of decentralized finance where innovation meets the utility of the Bitcoin blockchain.

Source: SatoshiDEX

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