PR: Bithumb Teams up with ONEROOT to Build Distributed Decentralized Exchange
press release

PR: Bithumb Teams up with ONEROOT to Build Distributed Decentralized Exchange

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ONEROOT appear the barrage of the “Rocket Plan”to access the all-around market, clearly entering the 2.0 era.

ONEROOT won the aboriginal Cryptocurrency Financial Services License issued by the Canadian government!

On October 1, 2024, “Rocket Plan” carries the success to addition college level: Under the attestant of admiral of both sides, Bithumb and ONEROOT formally active a cooperation acceding —— Bithumb accesses R1 agreement ——that decentralized transaction agreement serves the world’s arch centralized barter for the aboriginal time.

With the different anatomy of R1 protocol, Bithumb and all approaching R1-based exchanges is able to allotment adjustment abstracts and liquidity, accouterment users with bigger trading abyss and experience, and basic a all-around broadcast business system.

Bithumb is the better centralized cryptocurrency barter in South Korea with added than 5million registered users. Since the alpha of trading account in January 2024, the circadian transaction aggregate has accomplished atomic growth, with the accomplished almanac all-encompassing 15 billion yuan. As one of the top bristles Bitcoin exchanges in the world, Bithumb trades added than 13,000 Bitcoins per day, accounting for about 10% of all-around Bitcoin trading volume. Bithumb is additionally the world’s better Ethereum, accounting for about 44% of Ethereum affairs in South Korea. In accession to cryptocurrency, Bithumb, the world’s arch agenda banking platform, additionally has all-encompassing captivation in cyptocurrency-based payment, advance and added fields.

In adjustment to aggrandize the business system, authorize a complete ecosystem and accommodate users with safer and added able services, Bithumb is committed to acceptable the world’s aboriginal all-embracing centralized barter that provides decentralized trading services. After a absolute comparison, Bithumb assuredly chose to admission the R1 protocol, which is a decentralized transaction agreement based on Ethereum, to body it’s own decentralized trading platform. So, what is R1 agreement and why is the R1 protocol?

R1 agreement is an able decentralized badge barter agreement developed by ONEROOT team.

It separates adjustment analogous and adjustment execution, far added able than added decentralized transaction protocols. Based on R1 protocol, Bithumb is able to accommodate users with stronger security, college analogous ability and bigger experience. In addition, with its different structure, R1 agreement allows all exchanges accessing it to allotment adjustment abstracts and liquidity. With added and added transaction platforms admission R1 agreement in the future, Billions of trading abstracts and accomplished clamminess will be brought in, complementing Bithumb’s globalization action and absolutely basic a win-win ecosystem.

ONEROOT is the world’s aboriginal blockchain activity to adduce the abstraction of cartage sharing. With R1 agreement as the amount and Rootrex as the model, ONEROOT supports cartage holders to bound body their own decentralized exchanges and absolutely butt transaction freedom. At the aforementioned time, all exchanges based on R1 can allotment transaction abstracts and liquidity, accomplish a win-win ecosystem and body a solid basal basement for the absolute industry.

Contact Email Address
[email protected]

Supporting Link
https://www.rootrex.com/

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