Arbitrum Goerli Testnet Launched On Substance Exchange

Key Points:

• SubstanceX deployed on Arbitrum Goerli testnet: A significant milestone for the decentralized exchange platform, aiming to revolutionize trading and customer service in the world of cryptocurrencies.
• SubstanceX stands out for its innovative approach to convenient and secure access, eliminating the need for on-chain pop-ups during trades resulting in a smoother and faster trading process.
• Impressive performance during an open test event: Nearly 600 SubstanceX users actively engaged in the event within the first 24 hours of its launch, completing an impressive 2,000 transactions, amassing a total trading volume of $250 million.

Substance Exchange (SubstanceX) revealed its successful deployment on the Arbitrum Goerli testnet, marking a significant milestone for the decentralized exchange platform.

This development aims to revolutionize the way users experience trading and customer service in the world of cryptocurrencies.

SubstanceX stands out for its support of social, email, and mobile login options through the highly secure MPC Wallet. This innovative approach allows for convenient and secure access to the platform, ensuring a seamless user experience. Notably, the exchange utilizes 1-Click Transaction functionality, eliminating the need for on-chain pop-ups during trades, resulting in a smoother and faster trading process.

One of the key highlights of SubstanceX is its dedication to providing exceptional user service. By leveraging AI technology, the platform is able to offer round-the-clock customer support, delivering a centralized-exchange-like experience even in the decentralized realm.

In a recent announcement, SubstanceX disclosed the successful completion of a seed funding round. The funding was secured from LD, a prominent figure in the crypto space, and Avalanche Co-Founder, along with several other organizations and individuals. This boost in capital promises to fuel the platform’s growth and development as it continues to establish itself as a game-changer in the decentralized exchange market.

To celebrate its deployment on the Arbitrum Goerli testnet and showcase its capabilities, SubstanceX has initiated an open test event. Excitingly, users can participate in this interactive airdrop event without incurring any costs. The response has been overwhelming, with nearly 600 Substance exchange users actively engaging in the event within the first 24 hours of its launch. These participants have completed an impressive 2,000 transactions, amassing a total trading volume of $250 million.

The Substance exchange economic model is designed to ensure that such trading volumes translate into substantial revenue. According to their mechanism, this trading activity can generate over $500,000 in revenue while simultaneously empowering the economic system and providing attractive LP (liquidity provider) earnings.

The platform’s surge in popularity and remarkable performance during the open test event demonstrate its potential to revolutionize the decentralized exchange landscape. By combining cutting-edge technology, user-friendly features, and excellent customer service, SubstanceX is set to offer traders an unparalleled experience in the world of cryptocurrencies.

As Substance exchange continues to evolve and gather valuable feedback from users during the test phase, it is likely to make further advancements and improvements, solidifying its position as a formidable player in the decentralized exchange market. Cryptocurrency enthusiasts and traders alike eagerly await SubstanceX’s full-fledged launch, eagerly anticipating the positive impact it will bring to the industry.

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