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Currently, in the crypto industry, Binance (BNB) is one of the top tier-1 exchange platforms for millions of traders on the blockchain. Similarly, Uniswap is not far behind, as it controls a fair percentage of traders who trade DeFi coins and digital assets on the blockchain.
However, with the emergence of the Pullix (PLX) exchange platform and its outstanding features, Binance and Uniswap now have a strong competitor in their midst. And it may well be a matter of time before traders adopt the high-end trading platform ahead of other exchanges. More details below.
Summary
Pullix (PLX) Introduces Hybrid Exchange for All Trading Activities
Pullix (PLX) has gone a notch ahead of top exchanges like Binance and Uniswap to unveil an all-in-one trading platform. For context, not only can members on the Pullix platform trade top DeFi coins, but the platform equally gives members access to global markets like forex, commodities, and indices.Â
Notably, members are not required to undergo any KYC verification before they can register on the platform. As a hybrid exchange platform, Pullix combines the best features of DeFi and CeFi exchanges to provide a seamless trading experience. Notably, Pullix welcomes new members with a 25% bonus of up to $5,000, depending on the amount a user deposits. This helps members properly kick start their investment journey on the platform.
Meanwhile, the PLX native token of the Pullix platform is another high-potential investment opportunity for the project. Having displayed impressive growth during its presale stage, the PLX token has continued its rallying trajectory post-launch. Currently, the token is listed on XT.COM, MEXC, BitMart, and Uniswap exchanges.
Also, PLX is listed on CoinGecko and CoinMarketCap crypto data aggregator websites. Overall, Pullix represents both an immersive trading platform and an investment opportunity through the PLX token. Considering the growing momentum of Pullix, it will be wise to invest in the PLX token now, having shown the potential to reach the $2 mark in Q2.
Binance (BNB) Maintains Bullish Sentiment
The native token of Binance (BNB) has shown a significant uptrend over the past two months. For context, BNB has gained about 40% within the last month, based on market stats. Notably, BNB’s price has seen about 93% growth since the first week of February when the coin started its rally.Â
Meanwhile, BNB is experiencing a price retracement, having lost 7% within the last week. Nonetheless, with the Fear and Greed Index at 48%, there’s a relative chance of the BNB token establishing support above the $600 price mark in Q2.
Uniswap (UNI) Experience Significant Price Decline
The price of Uniswap (UNI) has witnessed a downtrend, having lost over 13% within the last 7 days. As per market stats, Uniswap has also lost over 18% within the last month. However, the 78% price gain for Uniswap in the past year puts the token among the top DeFi coins in the market.
Key market indicators, such as Uniswap’s trading volume, are witnessing a slight uptrend. As such, Uniswap may likely rebound from the current decline toward an extended bullish run in April. Some analysts forecast a retest of the $15 resistance trendline in the coming days. A breakthrough could see the Uniswap price surge to $20 in Q2.
*This article was paid for. Cryptonomist did not write the article or test the platform.
