In early February, Vexchange launched as the first decentralized trading platform on the VeChain network. It allows users to swap a number of tokens using smart contracts that instantly complete the transactions. It also allows users to stake funds, earning them a share of the transaction fees. Since launch, it has been responsible for creating more than 1700 on chain transactions, as users familiarized themselves with the swapping service.

*Data as of 02/21/2019

Integrating Vexchange into Arkane’s Wallet

Arkane has now integrated the Vexchange services directly into the Arkane wallet. When logging into Arkane.Network, users will notice the addition of a “Swap Assets” tab. This will allow users to instantly change funds between all the VeChain tokens (VET, VTHO, DBET, SHA, PLA, and TIC).

This means that Arkane’s users will have access to Vexchange’s swapping services without even realizing they are accessing a third-party service. It improves the user experience, simplifies the process of trading, and continues to remove the technical barriers to owning digital currency. It’s also a great example of the synergy these third-party projects are able to achieve when developing together on the VeChain network.

What is Arkane?

One of the ways you can use Vexchange is by linking a digital wallet from Arkane.Network. Arkane acts as a bridge between users and decentralized apps by providing a number of user-friendly features. For example, you can create a wallet and store funds using only a Gmail or Facebook account, and you can send funds to other people using only their email address. This works even if the other person has never set up a digital currency wallet before. Website owners can add Arkane’s API into their website, allowing users to interact with various blockchains. Arkane provides a suite of great fund-management tools that bring together websites, users, and the blockchain in an easy to use package.