Recently there are many news of trading plaforms/CEX/Lending company (3AC, Hodlnaut, Terra, Celsius etc) that bankrupt, rugged pull and collapses etc….Do you still feel safe to put your money in Centralized exchange? Small sum that you can afford to lose should be fine…what about those big sums that you can’t afford to lose? That’s why you need a decentralized platform.
Of course, the recent one that gain one of the most traction is GMX. It was even listed in Binance recently and there was also a spike in the price of the main token.
Source: https://www.coingecko.com/en/coins/gmx
Besides GMX, another possible platform that one can look at will be Gains Network.
Source: gTrade
Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform.This platform allows for low trading fees, and a wide range of leverages and pairs (up to 150x on cryptos, up to 1000x on forex, and up to 100x on stocks)....