Coinbase Continues Acquisition Spree with Paradex Buyout

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Coinbase Continues Acquisition Spree with Paradex Buyout

Postby kreslik.news » Tue May 22, 2018 8:33 pm


San Francisco-based cryptocurrency exchange Coinbase has acquired Paradex, a peer-to-peer trading platform for ERC20 tokens, the companies announced on Wednesday.‎

Paradex is built on top of the 0x protocol, which allows for exchange settlement without the need for user accounts or taking custodianship of their funds.

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The decentralized exchange solves the problems of trust and third-party reliance as Paradex users maintain absolute control of their tokens right up until the point where their trades are validated and finalized.

The Paradex platform was developed by a Malta-based startup and the company’s CEO Ron Bernstein ... (read more)

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