We are proud to announce Resfinex a token exchange platform for Ethereum-based trading and discussion.
Resfinex is a hub for Ethereum-based projects, designed to facilitate trading and analysis, whilst offering access to the most highly liquid and advanced trading platform for Ethereum ERC20 tokens.
There are thousands of tradable ERC tokens and hundreds of exchanges, but liquidity is heavily concentrated in the top assets and venues. While tokenization enables assets to trade freely, it does not automatically confer liquidity onto them. In order for the global financial system to fully realize the value of tokenization, there needs to be sufficient actors who are both incentive and equipped to provide liquidity, especially for the future of ERC tokens.
Tokenization not only brings the promise of increased efficiency in the conveyance of currently tradable assets, it also has the potential to unlock liquidity for previously non-tradable assets. However, one impediment to fully realizing this state is the general lack of liquidity for all but a limited number of top digital assets trading. The growth in the number of cryptocurrency exchanges as well as ERC tokens has far surpasses the increase in the number of and capabilities of cryptocurrency market makers, leading to illiquidity on ERC-20 tokens. With the goal of increasing liquidity for ERC tokens, we introduce resfinex exchange that equipped to provide liquidity for ERC tokens.
We are aware that it is challenging to succeed as a new digital assets exchange in a saturated market. However, the fact that Resfinex is not the first cryptocurrency exchange on the market is actually one of its advantages. This allows us to evaluate several established projects and the usability of their features. Right from the start we are building an exchange with the expectation of high liquid trading volumes.
The Resfinex team has the necessary industry expertise and existing development experience. We are committed to ensuring that the platform will have the most liquid market. The cryptocurrency industry has come a long way since the summer of 2018 and so have we. It has been encouraging to see quality research continuing to come out and diligent teams throughout the industry continuing to innovate and build. We are committed to set an example by pushing the standards further for what a liquidity exchange should be.
Thank you to all of our valued users and community members who have helped us test through our launch.