The last few weeks has given rise to relentless innovation from ApeSwap, who announced the launch of ‘Limit Orders’ most recently.
Limit Orders Live
ApeSwap confirmed the release of limit orders allowing users to exert further control over their purchases and to time their trades more effectively.
The leading Decentralized Exchange (DEX) on BNB Chain initially made the announcement via Twitter on May 1, and saw it immediately implemented on ApeSwap. The move may see more traders on BNB Chain take to the protocol to exercise their trades with a broad range of options available, the improved accuracy that limit orders now allow will have an impact. BSC News spoke to the ApeSwap team about the latest development:
“We’re beyond excited to add Autonomy’s limit orders & stop losses to the ApeSwap DEX. Being one of the most fundamental features for trading, ApeSwap can now tap into more users desiring a more controlled experience,” Obie Dobo, ApeSwap founder, told BSC News.
“Additionally, we’ve approached the UX in a unique way, combining both limit orders and stop losses into a single ‘Orders’ concept, which we felt was more natural to how AMMs operate. We’re looking forward to seeing what the community thinks and making continual improvements to it over time!” Obie Dobo concluded to BSC News.
The latest innovation follows from weeks of developments taking place on the protocol. Limit orders come in after the protocol set about revamping their webpage, forming new partnerships, unveiling new yield-generating products, and announcing a sweeping new bill.
The move may well have a positive impact on the protocol’s volume as users begin to flex the added capabilities available. BSC News will be following closely to monitor the impact of the addition of limit orders.
What is ApeSwap:
ApeSwap is a leading DEX on the BNB Chain, which offers users the best trading experience. ApeSwap is a blend of a decentralized exchange, yield farming, staking, and an automated market maker (AMM). ApeSwap users are urged to partake in its liquidity pool offerings via yield farming to earn its native BANANA token. What’s more, these earned tokens can be used to stake and earn other tokens and unlock deluxe features.
For more information about ApeSwap, visit the platform’s media links:
Source : bsc.news
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