Cross-Chain Ethereum and Binance Smart Chain Investment Live on STEX
On-chain one click capabilities allow direct Ethereum investment into the Binance Smart Chain Based Jointer DeFi 2.0 Auction
San Francisco, California January 6, 2021, ZEXPRWIRE, – STEX, a regulated EU centralized exchange is expanding it’s DeFi 2.0 ecosystem by opening direct, on-chain investments between blockchains, ushering in a new wave of CeFi capabilities that utilize the transparency of distributed ledgers like Ethereum and Binance Smart Chain.
The development comes on the heels of funding for expanded decentralized finance (DeFi) capabilities for the fiat-crypto heavy exchange. The STEX community has witnessed major growth in the recent months, adding over 15% growth to the total user base from 300,000 to 350,000 community members.
When discussing the recent growth, STEX Founder VK remarked,
“I am a firm believer in doing things correctly from the beginning. We built STEX from the ground up to be compliant and easy for users to participate in Bitcoin and cryptocurrency from their bank or with credit cards. Now, we are seeing the rewards from gaining more users by allowing that same ease of access with DeFi. We are excited to be able to offer cross chain swaps with Ethereum as it is proving to be exciting with the 2.0 developments.”
STEX is licensed within the EU for providing a virtual currency service as well as FINCEN approval, therefore, the swap between Ethereum and Binance Coin (BNB) on the Binance Smart Chain had to be completely decentralized and onchain. The technology is now live via the DeFi 2.0 Auction for Jointer.io hosted by STEX.
With more than 300,000 users worldwide, STEX is a robust cryptocurrency exchange that makes it easy to buy, sell and invest digital currencies from one fast, and convenient platform at low, competitive rates. Users can choose from more than 400+ trading pairs, purchase crypto with a credit or bank cards, and exchange fiat to crypto or crypto to fiat with a few swipes on their mobile device. Founded in Estonia, STEX meets all EU regulations for cryptocurrency exchanges. For more information about STEX and its partners,
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