Position Exchange

<h2 id="header-0">Introducing Position Exchange’s DEX 2.0</h2>Position Exchange is a peer-to-peer marketplace where traders can easily trade without middlemen. We are proud to introduce our Decentralized Exchange V2 - the very first decentralized spot platform on EVM, where users can place the limit order totally On-Chain.This version of DEX combines Orderbook and Automated Market Maker (AMM) without the flaws of existing approaches. Position Exchange DEX 2.0 comprehensively addresses the problems of CEX (Centralized Exchange) and other DEXs thanks to its 100% smart contract-powered system. Utilizing DEX 2.0, users are granted numerous benefits, namely better price, lower slippage, better control over their funds, sandwich attack restrictions, and so on. In addition, Position Exchange provides useful trading tools like a centralized exchange namely Limit/Stop-Limit orders on-chain.<h2 id="header-1">Limit order and its benefits</h2>A limit order is an order to buy or sell assets with a restriction on the maximum price to be paid or the minimum price to be received (the "limit price"). If the order is filled, it will only be at the specified limit price or better.One of the notable risks of investing through centralized exchanges is the fear of losing property. CEX may unexpectedly freeze customers’ withdrawals or steal their assets. Access to their funds might suddenly be terminated because the exchange was subject to some government regulations, sanctions, and whims or just because it is subjected to its founder’s greed. One of the most notorious cases involved Sam Bankman-Fried, FTX’s founder and CEO, who was accused of a fraudulent cryptocurrency scheme designed to take advantage of unsophisticated investors.Thus, decentralized exchanges are ideal for preventing market manipulation and safeguarding users from fake trading and wash trading due to their nature of allowing peer-to-peer exchange of cryptocurrencies. Position Exchange DEX 2.0 provides limit order that grant investors full control of their own funds, aiding a wiser investment plan.Position Exchange DEX 2.0 provides a trustless and transparent trading experience in which you don’t need to put your trust in the exchange since transactions work 100% on-chain. Furthermore, no one can interfere with your position, and all transactions can be verified, ensuring the blockchain's transparency and eliminating the fear of market manipulation.<h2 id="header-2">Userguide on how to buy or sell assets using Limit order</h2>To buy or sell assets using Limit order , kindly refer to the instructions below:<ul><li>Step 1: Choose the limit order on the Order place</li><li>Step 2: Enter the asset’s price you would like to buy/sell and its quantity. The system will automatically calculate the amount you have to pay.</li></ul><img src="https://academy-public.coinmarketcap.com/optimized-uploads/ffcec354d4b0403fb23240ae7f769ecf.png"><ul><li>Step 3: Click on the “Buy”/”Sell” button to buy/sell the assets.</li><li>Step 4: Confirm the transaction on MetaMask.</li></ul><img src="https://academy-public.coinmarketcap.com/optimized-uploads/0b807b781ae5449390a8d1b46dd325d1.png">Once the transaction is completed, you can see your order on the Trading Activity Panel.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/7706ac2198f84603b2d8ca7bec59f239.png">All in all, Position Exchange DEX 2.0 with the inclusion of limit order tools is a proof that we always give it 110% to bring the highly-rated features to the community. This is the reason why our next generation of DEX is brought into being with the aim of making users save more and gain more.

Position Exchange - Best DEX with limit order

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PositionExchange

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