What is the Unizen crypto token (ZCX), CeDeFi, CEX and DEX?

Unizen Exchange is a new class of digital asset exchange that offers global traders and retail investors access to exciting blockchain projects through the combined functionality of a CEX, secure DEX, indicators AI-powered social sentiment and industry-level liquidity. a seamless user experience. Keep reading and learn more about the Unizen project.

What is Unizen (ZCX)?

Unizen is an operating system for inter-chain interchange applications. Applications on Unizen are called ecosystem integrated modules. This allows traders to access a wide range of decentralized and centralized trading products, interact with extensive product innovation or through Unizen’s trading aggregation algorithms.

Unizen provides a simple interface suitable for all traders to acquire assets, at the best rates in a variety of liquidity pools. The Unizen CeFi module is powered by Binance Cloud, which allows users to transact against liquidity shared by Binance on the platform.

ZCX is the native utility token used for:

  • Dynamic Multi-Asset Deployment
  • Lower trading costs
  • Exchange governance
  • Instant access to the ZenX Labs wallet

How does Unizen (ZCX) work?

Unizen solves this problem by combining the innovative components of centralized and decentralized finance (CeDeFi) to provide an intuitive UX environment for crypto enthusiasts and developers to communicate effortlessly. Unizen is a smart exchange ecosystem with an all-in-one protocol that solves regulatory problems, facilitates cryptocurrency trading and offers lower transaction costs and faster speeds.

However, decentralized exchanges continue to grow due to incentivized activation protocols offered by blockchain networks and Binance Smart Chain to create innovative dApps for the cryptocurrency community. The big questions are: how exactly does Unizen stand out from the crowd and what makes it more feasible than existing solutions? Let’s learn more about it below.

Dynamic layout of different assets

Placing ZCX on the Unizen platform delivers rewards across a wide range of digital assets. These rewards are not limited to a single network and are earned through a pool of nodes managed by the Unizen team, as well as ZenX incubated projects or registration fees. Unizen: DMAS will also earn wagering fees in series of emerging and emerging projects for a fraction of the public sale price.

CeDeFi protocols

By combining BSC’s CEX and DEX capabilities, Unizen extends its functionality so that crypto traders, investors and developers can communicate securely and without fear of grabbing the neck of authority. CeDeFi is the latest crypto trend and has given the crypto community a phenomenal edge in overcoming the limitations of DeFi applications. In addition, Unizen’s smart FX hybridization allows traders to trade at a low cost and at a faster pace, overcoming the fear of spread slippage and accepting better trades and orders.

Lunar Crush

LunarCrush is a social media analytics tool that uses AI algorithms to track and monitor cryptocurrency market events on social media and provide this information to traders and investors. Unizen has partnered with LunarCrush to provide first-hand insights, aggregating movements in the asset market so that investors can make informed decisions about the best trading and asset practices to adopt.

Altcoin Tournament

Stylized as the Alts tournament, the Altcoins tournament is another Unizen exclusive offering that uses statistics from social media cryptocurrency communities to vote for high-performing crypto assets or altcoins. The tournament mimics sports processes, with altcoins going through stages and advancing to the final round. Unizen uses LunarCrush’s AI-powered tool to rank scores. Scores include:

  • Unizen Smart Score (ZSS). This determines the winner of the final round. It combines measurements from the Zen Twitter Indicator (ZTI) and the Zen Sentiment Indicator (ZSI).
  • ZTI and ZSI are other features that Unizen uses to verify tournaments and collect data from respective crypto assets. They give scores based on market movements and social media analysis of these assets.

Each tournament round lasts approximately 24-48 hours. After the final round, the winning item will receive a free listing and support on the Unizen CeDeFi exchange.

Unizen modules

In order to provide traders with a high liquidity solution, Unizen structures its architecture in two modules that combine the protocols of the CEX and DEX ecosystems.

  • Custom Logic Modules – The custom logic module combines elements of the CEX and DEX ecosystems respectively to provide a custom trading environment for traders and developers of all skill levels. Through Binance Smart Chain, Unizen integrates CEX protocols and, with DeFi partnerships, integrates cross-chain AI algorithms to provide intuitive user experiences for traders.
  • Third Party Modules – Unizen gives developers full privileges to integrate their tools into their DeFi applications through their API node. It also provides a software development kit (SDK), which developers with basic programming knowledge can use to design and integrate third-party modules. There are tips for using the SDK, making it more interesting and easier to understand.

Unizen: KYC Compliant

Unizen has partnered with AlianceBlock, a CeDeFi-compliant liquidity provider, to protect merchants from violations of KYC laws. Traders and investors can adjust their KYC options and trade on Unizen just like they do on CEX platforms.

  • Customer Support – Unizen connects with its user in a variety of ways, including social media, Github, and Medium. You get tons of information about the nature of the platform through the media and blog sections. There is a customer support section where investors enter questions and receive feedback. Their social media platforms are great ways to connect with other users and get feedback from the Unizen team.
  • Security – Unizen’s security compliance is excellent, and the fact that it runs on Binance Cloud, a highly secure DeFi solution, makes it even more secure. Investors can trade on a highly secure DEX platform with implemented CeDeFi protocols and multi-level Unizen partnerships.

ZCX Token

ZCX is an exchange-based utility token built on the Ethereum blockchain as an ERC-20 token. The Unizen Exchange runs on top of Binance Cloud’s trading and security infrastructure. The functionality of ZCX is analogous to that of BNB on Binance. A portion of the registration fees collected (in ZCX) will be distributed among the following allocations:

  • insurance fund
  • Burning – ZCX is burned with every paid ad
  • Bet Rewards – Assigned to a Betting Pool

ZCX for ZCX exchange governance to reduce trading costs

Trading fees are automatically deducted from your ZCX holdings if you have ZCX in your UNIZEN:CEX module wallet. This gives you huge trading discounts on the platform.

Dynamic Multi-Asset Deployment

ZCX holders have the option to stake their tokens to earn a variety of other tokenized assets. The Unizen team also hosts and manages an ever-growing pool of nodes from various projects in the space. A percentage of the rewards from nodes in this pool are also distributed to ZCX bettors.

Instant access to the ZenX Labs wallet

ZCX Strike will also earn staking tickets, enabling investment in early rounds of ZenX projects, as well as Unizen-hosted IEOs in the future. Unizen offers an ecosystem where you can make the most of a DEX and a CEX with all liquidity included and regulated. ZCX will be the token to power all actions on the platform and its use will burn ZCX.

Where to buy the ZCX token?

The token can be purchased on several major cryptocurrency exchanges, including the main ones: MEXC, KuCoin, Gate.io, and FMFW.io.

Unizen (ZCX) Price Forecast

The price of Unizen is likely to reach a maximum level of $0.2504 in 2022. According to our Crypto Price Prediction Index, the price of Unizen (ZCX) could reach a maximum level of $0.4820 in 2023, with an average trading price of USD 0.3584. According to our Crypto Price Prediction Index, ZCX is expected to cross an average price level of $0.581 in 2025.

The minimum Unizen price expected at the end of the current year should be $0.537. In addition, ZCX can reach a maximum price level of $0.592. Unizen price is expected to hit its lowest possible level of USD 2030 at 0.948. According to our Crypto Price Prediction Index, the price of ZCX can reach a maximum possible level of $0.715, with an expected average price of $0.715.

Future plans, leadership and partnership

Unizen has partnered with leading DeFi and CeDeFi organizations and solutions to integrate a variety of invaluable tools and protocols that support innovative designs to run the DeFi ecosystem on well-balanced wheels. His leadership includes a team of well-grounded industry experts who have deep knowledge and enthusiasm in the blockchain and DeFi ecosystem. With so many years of experience and their desire to advance the DeFi ecosystem, they want to inspire more DeFi developers to build intuitive next-gen dApps.

In the second quarter to follow, more modules and incentive projects will be integrated and seed capital, IDOs and liquidity will be provided by investors. Unizen’s key partners include beTRUST, BlockUnify, Jun, of course, LunarCrush, with a host of new partners ready to join the project. As a result, innovative projects will be audited and launched.

Conclusion

Unizen is the first CeDeFi exchange to combine the functionality of its own and third-party CEX and DEX to meet the needs of retail and institutional traders. Unizen Exchange can find the most profitable trades on various exchange modules, including Binance, to provide you with the best deals, reliable performance and a secure environment for high volume trades. PortalCripto hopes that reading the article has clarified everything about the Unizen project for you, the reader.

More information about ZCX

* PortalCripto appreciates the quality of the information and attests to the verification of all the content produced by its team, but emphasizes that it does not make any form of investment recommendation and is not responsible for losses, damages (direct, indirect and accessories ), costs and loss of profit.

Leave a Comment