Resistance DEX partners with Huobi to reshape cryptocurrency trading

Resistance, a new decentralized crypto exchange, has joined forces with Huobi to solve liquidity problems and transform DEX trading. Launching in Q2 2019, Resistance plans to mix the perks of decentralized exchanges with the liquidity and advanced features of centralized platforms.

Strategic partnership announcement

Resistance, a crypto exchange focusing on DEX liquidity issues, has partnered with Huobi. This privacy-focused, decentralized exchange has teamed up with Huobi MENA, the Middle East and Africa branch of Huobi Group. Since its start in 2013, Huobi Group has made trillions in revenue and handled over $1 trillion in trades.

Huobi’s background and global reach

Huobi, based in Singapore, is a top crypto financial service provider. It has offices in Singapore, the US, Japan, Hong Kong, and Korea. Due to its success, Huobi has grown worldwide. Now, it serves both regular and big investors in over 130 countries.

Resistance’s mission and industry challenges

All eyes are now on Resistance, as the private decentralized exchange prepares to debut in Q2, 2019. Moreover, it seeks to resolve the numerous problems affecting existing DEX platforms. Currently, an unsettling contradiction exists in the industry; specifically, decentralized exchanges face several challenges, including insufficient liquidity, poor user interface and experience, and a lack of advanced trading tools. However, both DEX and Resistance expect to overcome these prevalent issues. Consequently, they aim to compete effectively with existing centralized powerhouses such as Bittrex, Coinbase, and Binance. By addressing these concerns, Resistance hopes to bridge the gap between decentralized and centralized exchanges, thus providing a more comprehensive solution for crypto traders.

Benefits of the partnership

The partnership agreement intends to ensure that Resistance, as a decentralized exchange, benefits from Huobi’s many financial assets by gaining access to 150+ cryptocurrencies and 350+ trading pairs.

ResDEX: a community-driven solution

The private, decentralized exchange, ResDEX, is community-driven and supported. RES data protection coin facilitates private trade. By working with Huobi, the project aims to overcome the shortcomings of decentralized trade. The strategy is simple — ensure DEX remains scalable, fast, cheap, and practical to become the industry standard.