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Cardax (CDX) is a private, non-custodial, and multi-chain decentralized exchange (DEX). With Cardax, users have full control over their funds as it operates on a non-custodial model, ensuring they always control their assets. The DEX allows users to swap tokens and earn passive income by becoming liquidity providers.
One of the key features of Cardax is its low fees, with users only paying 0.3% per transaction, which goes directly to the liquidity providers. Privacy is also emphasized, as trading on Cardax can be done anonymously without registration, signup, or KYC verification. Additionally, Cardax offers fast settlement times with smart contracts that complete orders within seconds.
Cardax DEX supports a wide range of tokens from different blockchains, such as Ethereum, Cardano, and Algorand, offering users various options for trading. The project has received recognition and support and has been awarded several grants from the community-driven Project Catalyst. By enabling anyone to become a liquidity provider and participate in a financially accessible marketplace, Cardax aims to create an inclusive and open ecosystem for traders and liquidity providers alike.
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