ViteX

basic information<

span style="font-size: inherit">ViteX is a decentralized exchange (DEX) focused on providing users with fast, A secure and low-cost trading experience.

established and country

ViteX was officially launched in July 2019 and is developed by Vite Labs, a company registered in the British Virgin Islands. As the world's first decentralized exchange based on Directed Acyclic Graph (DAG) technology, ViteX aims to provide a high-performance trading environment.

regulatory information<

span style="font-size: inherit">As a DEX, ViteX is not directly bound by traditional financial regulation, but the ViteX Foundation is responsible for handling the legal, tax, and regulatory obligations of the platform. This means that despite the decentralization of the platform itself, there is still a legal entity that ensures compliance. The specific regulatory details are not disclosed and may be applicable differently in different jurisdictions due to their decentralized nature.

products and services<

style="font-size: inherit">ViteX Provide a variety of products and services:

> support major trading pairs such as BTC, ETH, VITE, USDT, etc., covering mainstream cryptocurrencies.

• as a cross-chain DEX, it supports the transaction of assets on different blockchains and realizes the free flow of assets.

• native token VX can be "mined" through trading, staking, market making, listing and recommendation, and holding VX can earn daily trading fee dividends.

• zero-fee transactions, based on the high performance of the Vite public chain, to ensure that the transaction confirmation time is less than 1 second.

• provides tools such as the Staking Calculator, VX Mining Dashboard, VX Rewards Dashboard, and VITE Burn Dashboard to help users participate in and manage the platform.

market positioning

ViteX is positioned for decentralization, security, and low cost:

> fully decentralized, user assets are managed by smart contracts, and private keys are stored locally, enhancing security and user control.

• emphasizes "by the community, for the community", and incentivizes users to participate in governance and liquidity provision through the VX mechanism.

• is mainly aimed at users who have trust or fee concerns about traditional centralized exchanges, especially those who pursue decentralization.

• as a cross-chain DEX, has the potential to be globalized, but the language and user interface may need to be optimized to attract more international users.

supported blockchains

ViteX is built on the Vite public chain and supports cross-chain transactions:

• Vite public chain provides a high-performance, zero-fee trading environment.

• supports the trading of blockchain assets such as BTC, ETH, USDT through the ViteBridge cross-chain protocol. Currently supported blockchains include Bitcoin, Ethereum, Vite public chain, and Tether, and although the number of supported chains is limited, the cross-chain feature provides the foundation for future expansion.

neutral evaluation<

span style="font-size: inherit">ViteX is an innovative decentralized exchange that combines the benefits of high performance, low cost, and community drive for users who are looking for decentralization and security. Its zero fees and fast transaction confirmation time significantly reduce user costs, and the VX mechanism enhances community participation.

however, regulatory opacity and limited supported blockchains may limit its appeal. The specific regulatory details are not made public, which may pose a barrier for users in some jurisdictions; Although the currently supported chains such as BTC, ETH, USDT cover the mainstream, the demand for more asset diversity may not be enough; Liquidity may not be as good as traditional centralized exchanges, affecting the depth of trading of certain assets.