ApeX Protocol

<p>Particle Network, a prominent provider of Web3 application development solutions, has announced its partnership with ApeX Protocol, a leading decentralized trading platform specializing in cross-margined perpetual contracts. This collaboration aims to redefine the onboarding process and wallet creation within the Web3 ecosystem.</p><h2 id="header-0">A Consistent and Convenient User Experience</h2><p><a href="https://www.apex.exchange/" rel="noopener noreferrer nofollow">ApeX Pro</a>, operating as a permissionless, non-custodial, and non-<a href="https://blockchainreporter.net/glossary/know-your-customer-kyc/" rel="noopener noreferrer nofollow">KYC</a> derivatives decentralized exchange, leverages StarkWare’s Layer 2 scalability engine StarkEx to offer an efficient orderbook model. By integrating Particle’s authentication, wallet-as-a-service, and Account Abstraction solutions, ApeX aims to simplify the Web3 onboarding experience for users and eliminate the complexities associated with wallet creation.</p><p>The integration of Particle’s SDK solutions enables ApeX users to register seamlessly using familiar login methods such as Facebook and Twitter. Additionally, Particle’s authentication and MPC wallet services allow users to create secure Web3 non-custodial wallets directly through their social logins, eliminating the need for external wallet setups. This unified approach ensures a consistent and convenient user experience across both mobile and web platforms.</p><p><a href="https://particle.network/" rel="noopener noreferrer nofollow">Particle Network</a>‘s MPC-TSS (Multi-Party Computation Threshold Signature Scheme) technology ensures the highest level of security for ApeX’s users. This innovative approach distributes keys across multiple nodes, reducing vulnerability and eliminating single points of failure. To further enhance user data protection, Particle Network implements multiple encryption layers through its Master Password feature and utilizes a Dedicated and Isolated KMS (Key Management System).</p><p>With Particle’s Account Abstraction Solution, ApeX traders can enjoy the convenience of batch transactions and fund deposits without the burden of gas fees. The integration streamlines the process by eliminating the separate steps of USDC spend authorization and deposit transaction confirmation, allowing users to confirm a single transaction. Particle’s full-featured AA Wallet SDK offers a range of powerful functions, including batch sending NFTs and tokens, <a href="https://blockchainreporter.net/glossary/erc-20/" rel="noopener noreferrer nofollow">ERC20 token</a> payments, one-step swaps, and even purchasing cryptocurrencies with fiat currency.</p><h2 id="header-1">The Goal of Simplifying Web3 for Everyone</h2><p>The primary objective of this collaboration is to create a smoother onboarding experience as the Web3 ecosystem progresses toward decentralization. By leveraging Particle Network’s capabilities, ApeX Protocol delivers an efficient, secure, and user-friendly environment for all new users. Particle Network’s full-stack solutions enable easy, seamless, end-to-end application development for projects like ApeX Exchange.</p><p>Recognizing the challenges developers and end-users face when interacting with <a href="https://blockchainreporter.net/glossary/web-3-0/" rel="noopener noreferrer nofollow">Web3</a> technology, Particle Network ensures that its products and solutions align with Web2 usability. By providing authentication and wallet solutions, nodes, and data API services, Particle Network equips projects with the necessary tools to offer the easiest and most reliable experience for developers and end-users alike.</p><p>Particle Network continues to make significant strides in simplifying Web3 for developers and users through its range of plug-and-play solutions, including Authentication, Wallet-as-a-Service, <a href="https://blockchainreporter.net/nft/" rel="noopener noreferrer nofollow">NFT</a> solutions, Node RPC, and Data API Service. By partnering with leading Web3 projects, Particle Network has successfully onboarded millions of users and achieved remarkable conversion rate increases. Its mission remains focused on simplifying Web3 for the benefit of the entire <a href="https://blockchainreporter.net/glossary/digital-asset-ecosystem/" rel="noopener noreferrer nofollow">ecosystem</a>.</p>

Particle Network and ApeX Protocol Join Forces to Streamline Web3 Onboarding and Wallet Creation

Table of Contents

BlockchainReporter

Other articles published on Jul 10, 2023

Ripple Vs SEC News: Lawyer Advises XRP Holders Against Writing Letters to Judge Torres

TOKEN2049 Singapore – World’s Largest Web3 Event With Over 10,000 Attendees

Bitcoin Trading at 9% Discount on Binance.US, but Not Everyone Can Arbitrage

Crypto Scammers Innovate New Traps: A Safety Guide for Investors

How Coinbase Became a Beneficiary of Six Bitcoin ETF Applications

Coinbase Executives Sell Shares Despite the Rising Stock Value and Legal Action

Join our free newsletter for daily crypto updates!