DeversiFi Exchange

8 Articles 4 Followers

DeversiFi is a decentralized exchange (DEX) created by the popular cryptocurrency exchange, Bitfinex. It is the evolution of the Ethfinex DEX and was recently launched in 2019. The name DeversiFi is a play on the words, ‘DeFi’ (decentralized finance) and ‘Diversify’. 

The exchange claims to provide the most complete decentralized trading experience by offering a suite of decentralized finance products including an advanced DEX trading platform, an over-the-counter (OTC) trading desk, margin trading and lending, and a powerful API for third party integration. 

Additionally, the exchange features a wide array of benefits including:

  • No signup or registration required, simply connect your wallet and trade instantly.
  • Trade directly from your personal crypto wallet including Metamask, Ledger, Trezor, Portis, keystore, and many more soon to come.
  • Lightning fast order matching to make for a seamless trading experience, just like on centralized exchanges.
  • Real-time order management for fast and efficient trading.
  • More than 30 highly liquid markets with unmatched liquidity in the decentralized exchange space.
  • Multiple ways to earn a discount on the fees you pay when trading.

Currently, the DEX supports trading for over 13 of the most popular Ethereum-based ERC-20 tokens as well as Ethereum (ETH) itself, Tether (USDT), Maker’s decentralized stablecoin (DAI), and WrappedBitcoin (WBTC). 

As for trading on the DeversiFi exchange, traders benefit from an advanced trading interface that features both limit orders and market orders, sophisticated charts powered by TradinView, a dense order book window, and all of the technical indicators and drawing tools a professional trader would expect from an advanced trading platform.

Your New Weapon Against DeFi Complexity 🗡 SIMPLE SWAPS!

22 Feb 2021 1 minute read 39 comments Ben

DeversiFi understands the pain of a complex, high-cost ethereum ecosystem. It’s our belief that Defi should be open to everyone, not just those who can afford it, and not just those who already have the time and experience to make the most of the gen...

Provide liquidity on Nectar Beehive (V1) & earn DeversiFi NEC tokens 🐝

3 Dec 2020 3 minute read 1 comment Ben

On Tuesday 01/12/2020 we launched Nectar Beehive V1 – a liquidity mining program for the DeversiFi Nectar token (NEC) with the goal of bootstrapping the growth of our community 🟠 Rewards = 10 MILLION NEC tokens ($2m USD) 🟠 Participating in Nectar Bee...

Aave Carries Out First Credit Delegation Transaction

7 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

On August 6, decentralized lending and borrowing platform Aave (LEND) processed its first credit delegation transaction. The credit delegation feature provides trusted uncollateralized to users. A line of credit of $500,000 was offered to DEX Devers...

Ampleforth + DeversiFi

25 Jun 2020 1 minute read 4 comments Ampleforth

Today we’re happy to announce that Ampleforth (AMPL) is now open for trading on DeversiFi! There are a few things that make this a special milestone. DeversiFi DeversiFi is a non-custodial exchange platform, based on the 0x protocol. This means you c...

DeversiFi at Devcon5

17 Oct 2019 6 minute read 2 comments Ben

The DeversiFi team joined thousands of blockchain developers, enthusiasts and entrepreneurs among the neon lights of Osaka for the hotly anticipated event of the year - Devcon5. During our time there we talked tête-à-tête with partners and friends bu...

Introducing Nectar 2.0

23 Sep 2019 3 minute read 0 comments Ben

We recently announced the closure of Ethfinex along with our evolution to full decentralisation with the new and improved DeversiFi. In line with this, we have now released the NEC 2.0 WHITE PAPER, detailing a number of innovative changes to NEC’s to...

3 Best Decentralized Crypto Exchanges You Can Invest In and Profit From Today

19 Sep 2019 7 minute read 15 comments Jeremy Wall

If you’ve invested in cryptocurrencies or have at least followed this industry for some time, you’ve probably come to realize the massive potential and opportunity crypto and blockchain technologies present. It’s probably evident to you that this inn...

What is DeversiFi and Why Should You Care

11 Sep 2019 5 minute read 7 comments Jeremy Wall

Centralized cryptocurrency exchanges (CEX’s) like Coinbase, Binance, and Bitfinex make up an astonishing percentage of 99% of the total cryptocurrency trading volume. This is very puzzling when you take into account the fact that billions of dollars...