The Crypto Exchange Binance has dedicated a centralized exchange (CEX) to decentralized exchanges (DEX), allowing customers to use funds from their Binance wallets to perform Dex trading -eliminating the need for assets or manu -manufacturers.
According to the exchange, customers can use the USDC of Circle (USDC) and other supported stablecoins to obtain tokens in Ethereum, Solana, Base, and BNB smart chain networks.
The new CEX to Dex feature is also compatible with other platform tools, including Binance Alpha, which gives users the ability to discover emerging tokens in early stage development, and the Binance Quick Buy tool tool.
CEX integration with Dex Trading opens a smooth user experience and reduces the complexity of changing digital assets.
A reduction in complexity corresponds to the technical barriers to entry inherent in the user experience that makes new users difficult to interact with digital assets. Complex user interfaces and clunky user experiences are one of the most widely mentioned crypto issues.
An online meme poking fun with the complexity in crypto. Source: Kev.eth
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Overcome the problem of crypto user experience and crypto release during AOL
In November 2024, WalletConnect Foundation and Reown established a common plot For crypto wallets to enhance user experience and promote ease of use.
Pedro Gomes, director of The WalletConnect Foundation, told Cointelegraph that the outline of the standard is focused on several major areas including, “minimizing clicks, reducing transaction friction, interoperability, and providing clear and accessible information.”
Anurag Arjun, co-founder of Avail-a unified chain abstraction solution-and the Polygon Layer-2 network, also told cointelegraph that is currently blockchain Abstraction techniques devastate liquidity Throughout the ecosystem.
Polygon co-founder said each blockchain network has its own set of security assumptions, presenting challenges for interoperability; Arjun specifically mentioned bridging techniques as complex for the end user.
Sandeep Nailwal, who established a polygon next to Arjun, recently expressed similar feelings and said Crypto needs to enhance the user experience before achieving mass adoption, comparing the current state of Crypto on the Internet in the late 1990s.
Nailwal told cointelegraph that crypto needs to adopt a smooth fiat onboarding, better careful solutions that feature major recovery, and hardware wallets developed on mobile devices on Release the crypto out of the “AOL ERA” and achieve an appeal to the masses.
Magazine: They solved the problem with the Janky UX of Crypto – you haven’t noticed yet
