OpenOcean Releases Wave Of Summer Updates For Exquisite Trading Experience – BSC NEWS | Omd Cialis

OpenOcean’s latest UI/UX updates include a TradingView tool and limit order upgrades for more advanced trading operations.

Crypto trading made easier

OpenOcean, a Decentralized Exchange (Dex) aggregator launched in September 2020 and operating across 17 chains, has released its latest updates. Along with a new user interface, DEX Aggregator has added a TradingView tool and limit order upgrades for more advanced trade execution.

“To cater to all levels of users, we are providing new exciting features to enhance the trading experience. TradingView charts are now integrated to better support trading ideas and strategies,” said OpenOcean’s Oliver BSC News. “Furthermore, our improved limit order mechanism significantly increases fill rates.”

The initial pairs available for limit order trading are ETH/BUSD, ETH/USDT, ETH/USDC, WBNB/BUSD, WBNB/USDT and WBNB/USDC

According to an exclusive publication shared with BSC News, OpenOcean has rolled out the latest UI/UX improvements aimed at enhancing the trading experience. Let’s take a look at the new updates.

Integration of Trading View Analytics:

The TradingView charting application caters to the needs of more advanced users, although the original simpler charting package is still available. TradingView allows users to perform accurate technical analysis to develop trading strategies. These tools include indicators with many references such as trend lines, moving averages, and Fibonacci retracements and extensions:

Source: OpenOcean
Source: OpenOcean
Source: OpenOcean

Improved limit orders with optimal fill rate

In addition to the current Request for Quotation (RFQ) functionality, OpenOcean has added Automated Market Maker (AMM) pools to improve liquidity.

“With the benefit of combining both mechanisms along with OpenOcean’s aggregated deep liquidity across almost all major DEXs, OpenOcean’s limit orders feature significantly increases the execution rate of limit orders, helping users to secure even tiny trading opportunities.” OpenOcean mentioned in the press release.

Additionally, OpenOcean’s limit orders will not lock traders’ tokens, and users will not have to pay gas fees to create or cancel orders. The limit order will support trading across five chains including Ethereum, BNB Chain, Avalanche, Fantom and Polygon. In addition, you can access limit orders for all token pairs, including non-pooled pairs.

The routing aggregator also ensures matching for pairs that do not have dedicated AMM pools. “Our routing algorithm finds the most efficient paths for exchanges, even when there is no pool on a DEX for the pair.” said OpenOcean.

referral program

The referral program rewards users for attracting new users. The program runs on four chains (Ethereum, BNB Chain, Avalanche and Fantom) according to the DeX Aggregator. The referrer receives OpenOcean(OOE) tokens worth 30% of your referrer’s gas spend on OpenOcean, while the new user gets a 20% rebate. The exact amount is determined at the time of application and there must be at least one month between applications.

In order to integrate more networks into its protocol, OpenOcean has sought cross-chain partnerships. Some recent collaborations include synthesisAurora and networks like Harmony and Optimism.


What is OpenOcean:

OpenOcean is a DEX aggregator that supports multiple chains such as ETH, BSC, Fantom, Polygon, OEx, HECO, and ONT. Across all chains, OpenOcean aggregates 12 different exchanges, giving users optimal fills. Specifically, OpenOcean is the first DEX aggregator on the Binance Smart Chain (BSC), aggregating liquidity from multiple major exchanges. OpeanOcean ensures users buy tokens at the optimal price on the BSC by aggregating all leading AMMs: PancakeSwap, Bakeryswap, StreetSwap and BurgerSwap.

Where to find OpenOcean:

Website | Twitter | discord | Telegram | Telegram Announcements

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