DeGate: Empowering Secure and Transparent Crypto Trading

08-20-2024 By: Simran Mishra
DeGate: Empowering S

DeGate: Redefining Crypto Trading with Security and Control

DeGate is an Orderbook Decentralized Exchange (DEX) protocol built on Zero Knowledge (ZK) technology, governed by a Decentralized Autonomous Organization (DAO).

DeGate offers a safe and self-custody platform for all users to do their spot trades. Currently, the DeGate platform supports all leading various ERC-20 tokens and also multi-chain assets like SOL, JUP, AVAX, BRETT, SUI, and others.

DeGate offers a secure alternative to centralized exchanges (CEXs), where users have faced significant losses, such as FTX, MtGox, Bitfinex, and most recently WazirX, which reported a loss of over $235 million.

This unfortunate incident highlights the critical need for secure and transparent trading options. Hence, DeGate is stepping up to assist those affected WazirX users via a Relief Airdrop 

DeGate aims to provide through its self-custody decentralized exchange (DEX) ensuring users retain full control over their assets. It also enhances transparency with on-chain transaction records and provides a reliable trading environment that prioritizes security and user empowerment.

DeGate DEX – A Safer Choice in Crypto Trading

DeGate was designed with user safety in mind. As a transparent, self-custody decentralized exchange (DEX), it offers a robust alternative to centralized exchanges (CEX). Here’s why DeGate is different:

● Self-Custody - Users keep full control over their assets. No third party can access your funds.

● Transparency - All transactions are recorded on-chain, ensuring complete visibility.

● Diverse Trading Pairs - Trade over 170 spot pairs, including main ERC-20 tokens, $DEGEN, $WIF, $SOL, $NEAR, and more.

● Low Fees - Enjoy free Dollar-Cost Averaging (DCA), Grid Trading, and no fees for makers.

● Proven Track Record - With $1.65 billion in all-time volume, $60 million in total value locked (TVL), over 6 million trades, and more than 11,000 active users, DeGate proves its reliability.

Relief Airdrop Details

To assist users affected by the recent WazirX hack, DeGate is offering a Relief Airdrop

  • Eligibility – All ERC-20 addresses that made deposits to or withdrawals from WazirX are eligible.

  • Limit – The first 1,000 users will receive rewards.

  • Deadline – Airdrop ends on August 31, 2024, at 23:59 GMT+0.

  • Reward – The airdrop will provide USDC, a stablecoin known for its reliability.

This initiative by DeGate Relief Airdrop aims to support those impacted and provide a more secure trading alternative. 

How to Claim the Airdrop

  1. Join DeGate – Connect your ERC-20 wallet.

  2. Fill Out the Form  – Provide your WazirX account screenshot and ERC-20 wallet address that was used for deposits or withdrawals from WazirX.

  3. Stay Connected – Share your Telegram handle for updates.

DeGate reserves the right to cancel airdrops for any suspicious behavior.

Rebuild Your Crypto Portfolio with Confidence

DeGate invites WazirX users to transition their trading activities to a more secure and transparent platform. Embrace the decentralized finance (DeFi) movement and rebuild your crypto portfolio with DeGate, where security and user empowerment are top priorities.

Join DeGate Today

Start trading securely and take part in the DeFi revolution. For more information and to participate in the Relief Airdrop, visit DeGate’s official website or connect with us on our social channels.

DeGate Social Media Channels

●   Website

●   Twitter

●   Telegram

●   Discord

●   Medium

●   Trade

Important Note:  Remember, the crypto world often offers second chances. Stay hopeful, rebuild wisely, and avoid unnecessary risks.

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