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deCEX Trading

Bringing the Best of CEXs to Your Wallet
Imagine you want to shop for clothes at a big, exclusive store, but you don't have the special membership required to enter. Luckily, you have a friend who is a member and can access the store on your behalf. You tell your friend exactly what you want, they quickly go in, purchase the items, and immediately hand them over to you. This is how deCEX Trading operates. You can acquire items from major stores (such as Binance or KuCoin) without needing a membership to enter, all while enjoying a swift and efficient shopping experience.

Introducing deCEX Trading

In the ever-evolving world of cryptocurrency, Orion brings forth "deCEX Trading", a term we've coined to encapsulate a novel approach to trading. With deCEX Trading, you can harness the strengths of centralized exchanges (CEXs) such as Binance, KuCoin, and OKX, but in a decentralized manner. This means trading on these platforms without the hassle of creating individual accounts, ensuring a seamless and efficient trading experience.
Decentralized CEX order books – only on Orion

How Does deCEX Trading Work?

  • Liquidity Nodes (Brokers): At the core of this system are Orion's liquidity nodes, previously termed "brokers". These nodes establish accounts on various CEXs and run the specialized Orion Broker Software.
  • KYC Simplified: Orion's brokers handle the KYC, so individual users don't have to. This streamlines the trading process, removing the often lengthy verification delays.
  • Atomic Transactions: Transactions between brokers and users are executed atomically via smart contracts. This ensures fail-safe, immediate transactions. When a user places a trade, the broker executes it on the CEX. Thanks to atomic transactions and Orion's smart contracts, the user receives the tokens instantly.

The Power and Speed of deCEX Order Books

Unlike typical DEX AMMs, which lack order books, Orion's deCEX order books are live and incredibly fast. They provide real-time data, ensuring users have the most current information for informed trading decisions. This is in stark contrast to AMMs like Uniswap or PancakeSwap, which operate on liquidity pools and price algorithms.

Optimized Price Feeds

Orion's deCEX Trading boasts highly optimized price feeds. Faster price feeds translate to the most current market prices, leading to better trading opportunities. With Orion's rapid feeds, traders are assured of the best possible prices.

Made Possible by Decentralization

The brilliance of the deCEX order books lies in Orion's liquidity node network. These nodes tap into CEXs, pulling their order books, and making them available in a decentralized format on Orion. This gives traders access to the vast liquidity of major CEXs without the centralized constraints.

Pioneering a New Standard in Crypto Trading

Orion's deCEX Trading and deCEX order books are setting unprecedented standards in the crypto trading realm. By merging the vastness of CEXs with the speed and decentralization of DEXs, Orion delivers a trading experience that is unmatched in efficiency, speed, and user-centricity.