Apple has recently removed the apps of several cryptocurrency exchanges, including Binance, Kraken, and Kucoin, from its App Store in India. This comes after the Indian government issued compliance warnings to these exchanges last week.
Meanwhile, a new exchange platform called Pullix (PLX) is gaining popularity, with a strong presale currently ongoing. This hybrid exchange offers users access to both liquidity and robust security features, making it a preferred choice among traders.
The removal of these apps by Apple follows the compliance notices issued by the Financial Intelligence Unit of India (FIU-IND) to nine exchanges in December. These exchanges, including Binance, Kucoin, and Huobi, were found to be non-compliant with AML and CFT regulations.
With the rise of decentralized exchanges (DEXs) in the global market, traditional centralized exchanges (CEXs) are facing challenges such as high fees, price slippages, and liquidity issues. This has led to the popularity of hybrid exchanges like Pullix (PLX), which combine the best features of both CEXs and DEXs.
Joining the Pullix (PLX) presale offers users the convenience of an orderbook, along with institutional, liquid, and slippage-free trading options. The platform also prioritizes security by offering a non-custodial approach, giving users full control over their assets.
Experts predict that decentralized finance (DeFi) will be a major trend in the crypto market in 2021. Pullix (PLX) is well-positioned to cater to this demand, with its unique and user-friendly exchange for trading various tokens, CFDs, and ETFs. Holders of the PLX token will also have access to exclusive benefits, such as revenue-sharing and DeFi and NFT launchpad options.
The pre-sale for PLX is currently ongoing, with a price of $0.08 per token. To participate, interested individuals can pre-order now on the Pullix website.