Halodex, the powerful decentralized crypto trading platform, announces that it is now indexed on CoinMarketCap, offering many benefits for crypto projects and the exchange itself. Let’s learn more about CoinMarketCap and Halodex and what indexing means for Halodex.

What is CoinMarketCap?

CoinMarketCap is a platform that was started in 2013 with the aim of tracking cryptocurrency capitalization, trade volume and current price against fiat currencies. There are currently more than 200 exchanges ranked on the platform, with Halodex now joining that list. CoinMarketCap is highly influential in the market and new exchanges have to meet their strict requirements to be listed.

What Halodex Indexing Means

Halodex is now indexed on CoinMarketCap, having met the all criteria for indexing. This means new and existing projects listed on Halodex will now enjoy the attention of bigger investors and platforms as its information becomes available on this influential market data site. Being listed on CoinMarketCap reaffirms Halodex’s position as one of the world’s top exchanges. The platform will now enter mainstream conversation and start seeing high traffic moving forward, which will in turn encourage more projects to take the leap and list on the platform.

What is Halodex?

HaloDEX is Halo Platform’s decentralized exchange that was launched in 2018. Since then, it has grown in leaps and bounds to become one of the most reliable exchanges available today. Halodex facilitates the trading of several cryptocurrencies which are supported on the platform, with transactions being completed with lightning speed.

It offers a unique product that does not need a central element or trust party. Instead, it uses smart contracts to complete orders on a “FIFO”- First In First Out — basis with no gas chargers or multipliers. This design ensures Halodex remains one of the fastest cryptocurrency exchanges in the world. Users can trade cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dash, Halo Platform’s HALO coin and others that form Halodex’s pool of tokens.

Halodex is run directly from the client application of Halo Platform. This means users can access the exchange without the need of downloading another application. Halo Platform has also provided a browser extension for Chrome which enables users to quickly enter Halodex and enjoy the feature rich platform for managing their cryptocurrencies. Just by opening your browser, you can start trading right away. Halo Platform’s powerful blockchain was designed to provide almost zero fees on transactions and super-fast trading. The blockchain has been developed to facilitate 1000 transactions per second and is capable of operating at even greater speeds.

There is no middle entity or trust component with this decentralized exchange, and trades occur quickly due to the way the Halo Platform blockchain has been designed. Many base pairs are supported on Halodex, including BTC, ETH, HALO and other coins.

Find out more about Halodex on Halo Platform’s official social media pages:

https://twitter.com/halo_platform

https://www.facebook.com/Haloplatform.tech

https://medium.com/@haloplatform

https://www.reddit.com/r/haloplatform

https://t.me/haloplatform

https://steemit.com/@haloplatform

https://www.instagram.com/halo_platform/