What is a cross chain protocol
Cross-chain protocols are probably the most innovative approach to cryptocurrency business. This procedure does not require an account at any centralized exchange and is done entirely using our client wallet. Cross-chain protocols allow trading between a few unique blockchains with a single click, without the need for KYC.
The demand for Cross-Chain is increasing, as is the supply. Some platforms are still trying to find the ultimate solution, leading to constant development of Cross-Chain. In this way, the new and updated possibilities of Cross-Chain Protocols continue to appear on the market on a regular basis.
One of the most complete and consistent variants of the Cross-Chain solution is the Multi-Chain Exchange Protocol. It is like the Cross-Chain of the future, with a more immediate and simple solution, facilitated by several connected DEX.
One of the fastest growing players in this multi-chain field is Rubic. Rubic is the multi-chain barter protocol with 8 connected blockchains: Ethereum, BSC, Polygon, Moonriver, Fantom, Avalanche, Harmony and Solana. There are over 10,500 assets to trade between each of these networks.
How do you know: more DEX, more benefits! And the first is faster exchanges, thanks to fewer transaction operations and no need for KYC. The second benefit is the cheaper rates; fewer transactions also leads to a decrease in transaction fees.
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