[PRESS RELEASE – Lugano, Switzerland, 29th April 2022]
The final leg of the 2021 bull run resulted in an unprecedented surge in trading volume in DEXs and increased investment in NFTs. Notwithstanding, many retail investors did not seize the opportunity as fragmented market data has made it increasingly difficult to separate the signal from the noise in the industry.
On the other hand, we’ve seen whales pay out delicious numbers as returns on their investments. This unfair advantage comes from the way they get their information. Whales are typically high net worth individuals with access to quality market data to guide their investment decisions. In order to create a level playing field for all, a platform must be developed that gives the average person access to this market data.
DexCheck offers an intuitive platform that gives investors of all types easy access to market data on decentralized exchanges (DEXes) and NFT projects. It distills data from newly launched liquidity pools, crypto tokens, NFTs and market performance across various Blockchain-Networks in digestible and informative formats to help investors use the data in their investment decisions.
This is what awaits you in this article
The DexCheck platform has unique features
DexCheck believes that every investor deserves to make investment decisions based on sound and trusted data in order to increase profitability, stay ahead of whale manipulation and avoid fraud. To that end, it will support a handful of innovative features to set its product offering apart from the competition.
For starters, DexCheck will provide a wallet tracking feature to allow retail investors to keep tabs on market activity from whales and traders with a proven track record. This will bring them closer to mimicking whales and help inform their investment strategies.
The Big Trades feature further amplifies the benefit of whale tracking as it alerts the user whenever massive trading volumes with their selected one cryptocurrency executed via various decentralized exchanges.
In addition, the NFT board will be a turning point for all NFT lovers. This feature allows users to identify the most promising NFT projects, get in early, and track their performance and pricing over time.
DexCheck found that calculating cryptocurrency taxes appears to be a nightmare for many investors. To solve this problem, DexCheck will integrate its unique tax system DexTax. This allows users to take care of their tax obligations simply by connecting their wallets, and with a single click they get a full and comprehensive breakdown of their tax details.
The DexCheck platform will launch its native token DXCHECK, which will serve its governance and utility purpose. Holding DXCHECK tokens grants users access to unlock premium platform features. Only users who have certain amounts of the token can participate in the governance of the platform.
What’s next for DexCheck
The DexCheck web platform is expected to go live in Q2 2022 with full support for aggregating data from DEX platforms across EVM chains, with plans to integrate non-EVM chains over time. The DXCHECK token will also be launched simultaneously as a presale on major launchpads, with DEX/CEX listings to follow immediately. To get early access to the platform, be sure to connect with DexCheck on Telegram and Twitter to stay up to date with project developments.
Presale whitelist competition
To get the rally started, DexCheck is opening its doors to the public looking to take advantage of DXCHECK tokens early.
DexCheck awards 1,000 guaranteed whitelist spots worth $250,000. 900 places for the winners + 100 places for top recommendations.
Users must complete the tasks to be eligible for a guaranteed entry of at least $250.
DexCheck presale whitelist competition: https://givelab.com/presale/dexcheck-ido-whitelist-competition.
DexCheck is an all-in-on data analysis platform that aggregates relevant data across decentralized exchanges and NFT projects to help users spot the signal from the noise and use the data to make more informed investment decisions and increase their profit to maximize potential.
Its intuitive platform makes it easy for investors to keep track of newly launched liquidity pools and monitor large swaps in real-time across different DEXs. DexCheck makes it easier to predict crypto/NFT price trends based on accurate market patterns informed by its state-of-the-art data analysis tools.
Source: Crypto News Deutsch