Problem
Outlines the key challenges in existing exchanges, including KYC barriers, high transaction costs, and cross-chain complexities.
KYC before transactions
Many exchanges require users to complete stringent Know Your Customer (KYC) procedures prior to trading. While these measures are designed for compliance, they often create unnecessary friction, slow down the onboarding process, and compromise user privacy by demanding sensitive personal data.
High transaction fees
Excessive transaction fees remain a significant challenge within the crypto industry. Elevated network costs and exchange charges reduce profitability for traders and hinder accessibility, particularly for users who engage in frequent trades or low-value transfers.
Cross-chain transfers
Transferring assets across different blockchains is often complex, time-consuming, and vulnerable to security threats. Existing solutions frequently lack seamless interoperability, exposing users to delays, failed transactions, or potential exploits during the bridging process.
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