ApeX Pro and Particle Network Partnership

Published on: 10.07.2023
ApeX Pro and Particle Network Partnership

Particle Network is glad to share its partnership with ApeX Protocol, a leading decentralized trading platform offering cross-margined perpetual contracts. ApeX Pro is a permissionless, non-custodial and non-KYC derivatives decentralized exchange, powered by StarkWare’s Layer 2 scalability engine StarkEx, that operates on an orderbook model.

To simplify web3 onboarding, ApeX integrates Particle’s authentication, wallet-as-a-service and Account Abstraction solutions. The collaboration ensures a seamless user experience, eliminating the need for complex Web3 wallet creation. Together, they’re simplifying web3 and fostering a thriving DeFi ecosystem.

New ApeX users can effortlessly register using familiar login methods like Facebook and Twitter, through the Particle’s authentication and MPC wallet services.

Users can also create a secure Web3 non-custodial wallet on ApeX Pro directly through their social logins using Particle’s authentication and MPC wallet services. This eliminates the complexities associated with external wallet setup.

Whether accessed through mobile or web, ApeX and Particle’s integrated solution provides a unified experience for users, ensuring a consistent and convenient journey across all platforms.

High security for ApeX’s users with Particle Network’s MPC-TSS technology

Users can have complete confidence in the wallet’s robust security measures as Particle Network employs MPC-TSS technology. This innovative approach distributes the keys across multiple nodes, minimizing vulnerability and eliminating single points of failure.

Additionally, Particle Network’s solution provides further security measures, enhancing the protection of sensitive user information. Multiple encryption layers are implemented through their Master Password feature, along with a Dedicated and Isolated KMS, to safeguard user data more effectively.

When it comes to depositing or withdrawing funds, ApeX traders usually need to cover the gas fees for those transactions. With the integration of Particle Wallet, depositors no longer have to pay gas fees.

Additionally, through a feature called batch transaction, the process is streamlined. Instead of going through two separate steps of USDC spend authorization and deposit transaction confirmation, they only need to confirm a single transaction.

Particle’s full-featured AA Wallet SDK offers a range of powerful functions out of the box. From batch sending NFTs and tokens to ERC20 token payments, one-step swaps, and even purchasing cryptocurrencies with fiat currency, users enjoy enhanced convenience, security, and improved developer efficiency.

Its goal is to create a smoother onboarding experience as they move towards a decentralized future. Leveraging Particle Network’s capabilities, ApeX delivers an efficient, secure, and user-friendly environment for all new users.

Easy and seamless End-to-End application development with Particle Network’s Full Stack Solutions

With many developers and end-users having difficulty interacting with Web3 technology, having products and solutions that are aligned with Web2 usability is critical. From authentication and wallet solutions to nodes and data API solutions, Particle Network provides projects like Apex Exchange the tools necessary to create the easiest and most reliable experience for developers and end-users alike.

About ApeX Pro

ApeX Pro is a non-custodial trading platform that delivers limitless cross-margined perpetual contracts to its metacommunity under a new social trading framework. It is primed to deliver limitless access to the perpetual swaps market with its order book model, as it remains committed to the promises of not just speed and efficiency, but also security with transparency on traders’ preferred derivatives trading assets.

Website Twitter

About Particle Network

Particle Network is a leading provider of Web3 application development through their extensive range of plug-and-play solutions. The offerings include Authentication, Wallet-as-a-Service, NFT solutions, Node RPC, and Data API Service. By partnering with many of the leading Web3 projects. They’ve achieved conversion rate increases from 15% to 95% and successfully onboarded millions of users into web3. Its mission is to simplify web3 for both developers and users alike.

Website | Twitter

 

SOURCE: MEDIUM

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