Demex Partners with Bitfinity Network: A New Era for Bitcoin Trading

We are thrilled to announce a strategic partnership between Demex and Bitfinity Network, an innovative Bitcoin Layer 2 (L2) solution. This exciting collaboration will provide Demex with a native connection to the Bitcoin network and integrate advanced decentralized exchange (DEX) capabilities into the Bitfinity ecosystem. This partnership marks a significant advancement in our mission to enhance Bitcoin trading and expand our market offerings.

Demex’s Vision and Innovation

Demex is at the forefront of decentralized finance (DeFi), continuously pushing the boundaries to deliver an exceptional trading experience. Our platform is renowned for its minimal fees, extensive liquidity, and diverse market offerings, including both spot and perpetual markets. By partnering with Bitfinity Network, we want to connect to the Bitcoin network and broaden our scope of cross-chain compatibility. This collaboration aligns with our vision of creating a more interconnected and efficient trading environment, further enhancing our position in the DeFi space.

Our Vision for the Partnership

Through our partnership with Bitfinity Network, we anticipate several key developments that will significantly benefit our users:

1. Seamless Bitcoin Integration: We will establish a direct link to the Bitcoin network, enabling streamlined Bitcoin transactions and trading. This connection will enhance the efficiency of trading Bitcoin and Bitcoin-based assets on Demex.
2. Enhanced Trading Speeds: With Demex being powered by the Carbon Network, which enjoys a block time of just 2 seconds, users will experience significantly faster trading speeds for Bitcoin transactions compared to traditional networks.
3. Access to Bitfinity Ecosystem: Users will gain access to trading assets from the Bitfinity Network ecosystem, while benefiting from Demex’s very low transaction fees. These fees are paid in SWTH, the native token of the Carbon Network, and are complemented by various trading rebates and promotions, especially for perpetual markets.
4. Advanced Collateral and Yield Features: Users will soon have the ability to use Bitcoin and Bitcoin Liquid Staking Tokens (LSTs) from the Bitfinity Network as collateral on Demex. This feature will expand opportunities for lending, borrowing, leveraging, and earning yield, further advancing our DeFi offerings.
5. Innovative Trading Opportunities: The expanded market offerings and collateral options will provide traders with new ways to engage in the Bitcoin market and optimize their strategies.
6. Broadened Cross-Chain Access: This partnership will facilitate interactions with a wider range of assets from different ecosystems, enriching the trading experience on Demex and promoting a more interconnected DeFi environment.

Advantages for Bitcoin Traders and DeFi Enthusiasts

The integration of Demex with Bitfinity Network brings several advantages for Bitcoin traders and DeFi enthusiasts:

• Enhanced Scalability: Bitfinity's L2 technology will allow for swift and efficient trading of Bitcoin and other assets on Demex, benefiting from the Carbon Network’s rapid block times.
• Access to Ecosystem Assets: Traders will have the opportunity to engage with assets from the Bitfinity Network ecosystem while enjoying very low transaction fees paid in SWTH. Additionally, they can benefit from trading rebates and promotions, especially for perpetual markets.
• Broadened Cross-Chain Access: This partnership will create a more interconnected DeFi environment, facilitating a richer trading experience across various ecosystems.

Looking Ahead

As we move forward with this partnership, we are excited about the future innovations and enhancements it will bring. Our collaboration with Bitfinity Network is set to transform Bitcoin trading and expand our cross-chain capabilities. This development will enable us to attract traders and assets from various ecosystems and chains, creating a more dynamic and interconnected trading environment.

About Bitfinity Network

Bitfinity Network is an advanced Ethereum Virtual Machine (EVM) network designed as a Layer 2 solution for Bitcoin. Utilizing Chain-Key cryptographic techniques, Bitfinity provides secure, decentralized bridging of Bitcoin and other assets. With high throughput, Ethereum compatibility, and low transaction costs, Bitfinity is an ideal platform for developers and traders looking to enhance their interactions with Bitcoin and explore new market opportunities.