When it comes to Cryptocurrency trading activities, centralized exchanges like Binance and bybit are the first to come to mind, with thier custodial wallets and different trading and investment models.
However, new Cryptocurrency exchanges like Ebi are coming with exclusively new service models, creating a niche of their own. Ebi is a non-custodial limit order book decentralised platform for trading perpetual futures.
Ebi offers distinct benefits over the big names in the industry. This post shed some light on Ebi exchange and it’s features.
It’s a simple and cost saving exchange
EBI Exchange emphasizes simplicity and cost efficiency, offering a handpicked selection of promising cryptocurrencies to enhance the trading process. This user-friendly approach appeals to both beginners and experienced traders, providing access to strong investment opportunities without the burden or complications.
Additionally, EBI eliminates gas fees and bypasses KYC processes, opening the platform to a wider range of users who seek a more accessible and budget-friendly trading option, while safeguarding personal identities.
The first thing that makes Ebi different from other exchanges?
No KYC
During the $CATS withdrawal timeframe, there was 30,000 $CATS bonus for the first 200,000 people to withdraw their cats to bitget exchange, i quickly downloaded the bitget exchange app, but it took me more than 24 hours before i could finally sign up, that was probably due to the traffic on the app.
But then, i had to do a KYC verification before i can deposit on my account. My KYC keeps getting rejected for the few trials i made, I tried my best and ended up giving up. I would later use my bybit before realizing i wasn’t even eligible for the withdrawal.
If I was eligible for the withdrawal, that’s how I would have missed the opportunity of using bitget. Because my KYC keeps getting rejected. Similar cases can be experienced with most other exchanges.
You can use Ebi exchange without doing KYC, in fact, there is no point of using the exchange which would require you to do any type of KYC, that’s one of the super features of Ebi which speeds up withdrawal processes and enhances privacy.
No Gas fees
Ebi is a decentralized exchange with the look of centralized exchange like Binance, another super feature of Ebi is that you do not need to pay any gas fee.
Gas fees often eating into profits on DEXs, especially during high-traffic periods, EBI’s gas-free system ensures that users can keep more of their earnings.
Community Engagement and Rewards
Trading aside, EBI Exchange promotes a sense of community and learning. Their engagement features and rewards system gives users an interactive experience.
This makes EBI more than just a place to trade—it’s like a community where users can grow, collaborate, and learn together.
The platform’s emphasis on user involvement distinguishes it from competitors and makes trading a more engaging and rewarding activity.
Conclusively, Ebi exchange is a new exchange in the crypto market that’s changing the game and making difference, trying it will be a nice experience.