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tanX

tanX is a decentralized order-book exchange that aims to improve the trading experience for users. It provides an instant, gasless, trustless, and secure platform for crypto trading.

What is tanX?

tanX is a Cross-chain Orderbook Decentralized Exchange (DEX) that integrates the benefits of centralized and decentralized exchanges. It utilizes Zero Knowledge Proofs (ZKP) and STARK Proofs to offer gasless trading, ensuring privacy and security for users. tanX supports multiple order types and features rapid order execution, low trading fees, and cross-chain trading from a single dashboard. The platform aims to make crypto trading accessible, secure, and efficient for all users.

How Does tanX Work?

tanX operates by combining the scalability and user-friendly interfaces of centralized exchanges with the security and transparency of decentralized platforms. By leveraging Zero Knowledge Proofs and STARK Proofs, tanX ensures that trades are executed privately and securely without revealing sensitive information. The platform eliminates gas fees for trades, supports various order types, and provides simple APIs for developers, facilitating seamless integration and a superior trading experience.

What Makes tanX Unique?

tanX stands out due to its gasless trading feature, allowing users to execute trades without incurring gas fees. The platform's use of Zero Knowledge Proofs ensures privacy and security for all transactions. Additionally, tanX offers rapid order execution, low trading fees, and supports multiple order types, including Limit, Stop-Limit, Trailing-Stop-Limit, and OCO. Its cross-chain capabilities enable users to trade across multiple networks from a single dashboard, enhancing convenience and efficiency.

Who Are the Founders of tanX?

tanX was co-founded by Shaaran Lakshminarayanan, Ritumbhara Bhatnagar, and Bhavesh Praveen. Shaaran, a graduate of Vellore Institute of Technology and a member of Stanford University's Scholar Initiative in Robotics and Artificial Intelligence, has experience as the Chief Technology Officer at Celebrify and in facilitating Machine Learning at Google. Ritumbhara, also a graduate of Vellore Institute of Technology with a specialization in information security, is an entrepreneur and developer skilled in React Native, Web3, and graphic design. Bhavesh, a Computer Science and Engineering graduate from Vellore Institute of Technology, has experience as a Product Engineer at Float in Toronto and as a Software Engineer at WorkIndia.

Latest News

What Key Events Have There Been for tanX?

In Q2 2024, tanX processed over $1 billion in quarterly spot trading volume across 3 million transactions, marking a 70% increase from the previous quarter. This growth is attributed to product upgrades, strategic partnerships with Layer 2 scaling solutions, and initiatives like trading competitions and the launch of the SALT points loyalty program. Additionally, tanX raised $16.5 million in Series A funding from investors including Pantera Capital, Elevation Capital, StarkWare, Spartan Group, Goodwater Capital, Upsparks Ventures, and Protofund.

Project Announcements

tanX has announced expansions to additional networks, including Arbitrum, Manta, Monad, and Linea, aiming to enhance its cross-chain trading capabilities.

Upcoming Events

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Projects Announcements

Where to Buy tanX?

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tanX Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding tanX's price prediction.

FAQ

What is the Purpose of tanX?

How Can I Participate in tanX's Ecosystem?

What Sets tanX Apart from Competitors?

Is tanX Secure?

What are the Risks Associated with tanX?

Community Sentiment

25.93K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.