Pullix Hybrid Trading Exchange Solves Age Long Problems And Is Set To Topple Binance And Coinbase In 2024

While Binance and Coinbase are two popular exchanges across the globe, another rival is about to take center stage. The newly launched Pullix platform is coming up with a novel idea that will solve the major challenges that traders have faced in these exchanges over the years. With less than a few weeks of launch, the native token of the platform, PLX, has hit many exchanges while witnessing massive adoption. As such, the PLX has been picked as one of the top cryptos to buy now. Let’s see what this new exchange is offering below. 

Pullix (PLX) Hopes to Solve Age-Long Problems Associated With Major Exchanges

Are Binance and Coinbase reign over? This is the question that has been contemplated among traders since the launch of Pullix. Having suffered issues of liquidity, security and high transaction fees over the years, traders have been searching for alternatives. For context, Pulix will solve these issues in the new hybrid exchange platform. 

Pullix will provide high liquidity and top-notch security while ensuring low transaction fees. The platform is non-custodian, meaning that users have full control of their assets. As a newly launched exchange, new users will get a 25% deposit bonus. Also, there is a profit-sharing model feature that allows PLX token holders to get a percentage of the platform’s daily revenue. 

Meanwhile, to make the PLX token accessible to everybody, it is now listed across major exchanges such as BitMart, Uniswap, XT.COM, and MEXC. Also, popular crypto data aggregator websites, CoinMarketCap and CoinGecko have listed the tokens. 

Also, the Beta version of the platform is live. In essence, users can trade cryptocurrencies, forex, indices and commodities on the Pullix exchange. Outside of trading, users can stake their PLX tokens and earn income. Nearly 25% of the presale tokens have been staked with the majority staked for 180 days. Above all, Pullix is one of the top cryptos to buy now for future profits. 

Coinbase Secures Canadian Dealer License

Coinbase’s quest to expand abroad is on track. The exchange platform announced that it has been granted a registration license in Canada. This is coming amid the ongoing regulatory crackdown by the SEC. The new license shows that Coinbase is now registered in Ontario as a restricted dealer under the Canadian Securities Administrators (CSA). The new authorizations mean that Coinbase can now operate legally in Canada. 

Meanwhile, the top exchange platform has battled the SEC in recent weeks after the regulatory commission accused them of violating securities laws. While Coinbase’s attempt to dismiss the suit was denied by the Judge, there has been speculation that the ongoing case will affect the platform’s performance. With the ongoing case coupled with issues of high transaction fees, traders are now exploring other options, such as Pullix, which is coming up with a novel idea. 

Binance (BNB) Coin Price Drops Below $580 As Exchange Case With SEC Lingers

The Binance Coin price has dropped below the $580 mark in recent times as the ongoing case with SEC lingers. Having established support above the $600 mark a few days ago, there were speculations that the top crypto coin would hit the $700 mark. However, the coin has retraced. According to data from CoinMarketCap, the Binance Coin price has dropped by 6% in the past week.

Also, the Binance Coin trading volume and market cap are down. With the various challenges faced by the exchange platform such as security and high transaction fees, users are now moving over to the Pullix exchange which is coming up with unique ideas to solve all these age-long problems.

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