Pullix bridges CEXs and DEXs worlds as analysts see a 100x potential in 2024

A never-ending debate in crypto has always existed between centralised and decentralised exchange enthusiasts. Which one should you trust for your crypto custody and trading? Proponents of CEXs love the high liquidity. But as the FTX collapsed and the Binance woes ensued, investors panicked. DEXs have been a lifeline, but low liquidities have been frustrating. So which way? Pullix bridges the CEX and DEX worlds. Early in its presale, analysts have earmarked a 100x gain for its native token in 2024. Does its unique value proposition justify the projection?

About Pullix?

If you love the liquidity provided by CEXs but fear the security flaws, Pullix could be your new world. And so are investors attracted to the security features of DEXs but hate their low liquidity. Let’s start with the solutions offered to CEX problems.

An issue to confront with CEXs is security for investors’ funds. If trading with a CEX, you entrust your crypto assets with the exchange. With instances of CEX collapse and exploits, this has become a serious concern. Pullix applies the innovative feature of private keys to enable users to retain custody of their investments. This means greater security and protection for investors’ assets. 

Of course, Pullix is miles ahead of CEX in terms of trading costs and convenience. The platform will offer zero-commission trading with tight spreads to make it economical and worthwhile. Besides, should you be irritated by the annoying KYCs on CEXs, Pullix offers an alternative model. The platform is structured, so you do not need to undergo the KYC requirements to kickstart your trading. 

More of a DEX? Not really, despite Pullix being fully decentralised. The key distinction for Pullix from a DEX is its ample liquidity. Think of this. Users on Pullix are incentivised to provide liquidity through staking, yield farming, and trading at low fees. The platform has also partnered with tier-1 banks for deep liquidity. By solving a liquidity challenge common on DEXs, Pullix is expected to attract investors. What’s more?

Pullix is a multi-asset platform. You trade multiple cryptocurrencies and can diversify your portfolio to traditional assets. For example, you can explore a stock asset like AMC or Tesla or hold gold when the market is in turmoil. If you love currencies, you will find forex pairs on the Pullix platform. 

Looking to surcharge your trading career or leverage expert skills? Pullix will feature AI trading tools to streamline your trading strategies. A copy trading feature will let you copy the trades of your experienced peers for immediate returns.

The PLX token: the world’s first trade-to-earn asset

The PLX token will be the medium of exchange on the Pullix platform. The token is offered on presale, with over 3.4 million tokens sold. Each token is valued at $0.044 in the current third stage. 

One of the exciting features of the PLX token is that it is a trade-to-earn asset, the world’s first. Users are rewarded for trading on the Pullix platform irrespective of their trading outcomes.

Users also earn from the platform’s revenue-sharing mechanism. Each PLX holder is rewarded a share of the profits the exchange makes. 

What is the investment potential of Pullix and PLX tokens?

As investors seek secure, more liquid, and high-return platforms, Pullix could rapidly gain traction. Already, we are witnessing a loss of confidence in CEXs as Binance troubles continue. DEX’s haven’t been a sound alternative, leaving investors no choice. Pullix could pull investors looking for a better, if not the best, option.

Conversely, PLX will earn boosts as investors find Pullix attractive. As seen with tokens of very innovative platforms, gains can be more than 100x. As such, analysts might be vindicated for earmarking PLX, a potential big gainer in 2024.

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