Bybit, a centralized cryptocurrency exchange, has announced that it will integrate ApeX Pro, a decentralized exchange, into its platform. According to Bybit‘s announcement on Thursday last week, the Dubai-based company will incorporate ApeX Pro into its structure in order to give its users the chance to trade on both types of exchanges on a single platform.
What is ApexPro?
ApeX Pro, which uses StarkWare’s scaling engine StarkEx, is an unauthorized, unattended, decentralized exchange (DEX) that offers perpetual contracts. ApeX Pro, which does not track users’ personal information but is confused with MetaMask, is being added to the Bybit platform through the Web3 wallet, a hybrid wallet.
About Integration
Although Bybit is integrating ApeX Pro into its platform, both are completely separate entities. For this reason, Bybit will not be involved in any of ApeX Pro‘s activities, and the teams of both are completely different. Because ApeX Pro is a decentralized platform that is capable of self-sustain. This, in turn, does not require ApeX Pro to request extra resources from Bybit.
References
www.coindesk.com
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