Dexalot USDt/USDC Trading
Good news! Dexalot has a new trade pair. The popular stable coins USDt/USDC can now be traded against each other on Dexalot’s decentralized central limit order book (CLOB) without any commission fees. Set up a bot and start trading with these low volatility tokens, plus enjoy accumulating DIP rewards with minimal risk. It’s time to own your trade!
Cryptocurrencies are known to fluctuate and trend in various ways, but stablecoins minimize price volatility. Both USDt and USDC are USD stablecoins and have prices that remain around $1 USD each.
Dexalot is offering this trade-pair as a trading experiment to the community. There will be no professional market makers operating, and the entire community will be participating in establishing the spread.
The Dexalot Incentive Program (DIP) has been established to reward trading by both executed volume, and how close orders are to the midpoint between the bids and offers for any given trade pair. So, trading USDt/USDC makes for a relatively low-risk situation in which to accumulate DIP rewards.
In addition, Hummingbot has established a gateway to Dexalot so you can set up a Hummingbot bot to do the trading for you, AND there are zero commission fees for your trades-This is a no-brainer.
Happy trading!
Author: Brad McFall
Editor: Dan Marcoulis
Graphics: Can Toygar
About Dexalot :
Dexalot is a revolutionary decentralized exchange bringing the traditional centralized exchange look and feel to a decentralized on-chain application. Its mission is to bring a truly inclusive and transparent environment where Dexalot users can trade crypto securely and efficiently, with no slippage or custody risk. It is built on Avalanche, the fastest smart contracts platform in the blockchain industry.
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Dexalot USDt/USDC Trading was originally published in Dexalot on Medium, where people are continuing the conversation by highlighting and responding to this story.
