- NASDEX platform streamlines the stock investment process through tokenization.
- With NASDEX, users can buy tokenized stocks anonymously.
- NASDEX offers many money-making features for investors.
Asset tokenization is the backbone of many businesses in the crypto space. With tokens, faster settlement, lower costs, and low risk is assured. However, for the traditional investor, it is not easy to get involved with decentralized finance (DeFi). Especially, since users have to verify their identities to acquire cryptos and send that crypto to a specific wallet on exchanges. Therefore, paying high fees.
For that reason, NASDEX — an Asian-stock-focused decentralized exchange (DEX) saves the day by creating a platform to tackle all these obstacles. The NASDEX platform streamlines the stock investment process through tokenization. Thus, ensuring a verifiable digital representation of a stock.
Specifically, NASDEX is designed to serve as a bridge between the crypto space and the traditional equities market. It allows permissionless and borderless stock investing, staking, and farming features to produce much interest even on yield-less equities.
NASDEX is here to build a crypto world where DEX investments are accessible to all. This means more users will have access to a more digitized token with a lower trading commission fee. On that account, NASDEX is providing numerous ways to ‘cash out’ and exchange stocks for other liquid assets.
The Benefits of DEX Tokens
The advantages of Tokenization outweigh any benefit the conventional equity providers have to present. On that note, let’s take a look at some of the benefits of NASDEX tokens. These are:
Invariably, tokenized stocks on NASDEX are available to anyone interested to buy. Interestingly, there is no extra fee for buying assets outside of one’s region. Also, individuals can purchase anonymously on the NASDEX platform.
Compared to conventional equity platforms that have opening and closing hours, NASDEX allows 24/7 trading. Thereby users can trade at any time of their choice. Subsequently, when trading, you can move your tokens to any other supported crypto exchanges. Therein, customers can convert their tokenized stock to a cryptocurrency such as USDT or BTC.
Thereupon, buyers can also purchase fractional amounts of the tokenized stocks which most traditional equity platforms do not offer. To create substantial yield for buyers, NASDEX offers liquidity mining on every stock tokenized through its liquidity-providing program.
One interesting fact about NASDEX is that its business model is how to empower investors. The platform is here to set the bars high, alongside, encouraging other platforms to follow suit. In the long run, NASDEX plans to expand to support tokenized ETFs, derivatives, indices, and also, alternative asset classes.