Taebit & Alkemy

Global FOREX Market Integration

The foreign exchange market (FOREX) is the largest financial market in the world with the highest overall daily trading volume YTY (year-to-year) of $6.6 trillion dollars. Below is a comparison of the daily trading volume between the eight largest Forex brokers:
Taebit is set to be the next-generation web 3.0 forex platform, introducing decentralization to the Forex market and bringing accessibility trade localized currencies to crypto users. Taebit aims to bridge the gap between Web 2.0 and Web 3.0 by introducing never before seen accessibility to Forex traders - removing the need for KYC while also seamlessly exposing the largest financial institutions and traders in the industry to the world of cryptocurrency trading. Our vision is to spearhead the next evolution in Forex trading by modernizing existing markets, reducing fees and increasing transparency to create the first decentralized currency exchange ecosystem.
Users will be able to seamlessly trade not only between stablecoin currency pairs but also with and against other crypto assets. Our Swap feature allows for instantaneous trades between two assets and our integrated Orderbook interface is designed with the end user in mind for personalized and seamless trading. The integrated Inter Stable Swap (ISS) feature grants access to a wider range of liquidity, allowing traders to execute orders with industry-leading low slippage and minimal fees. Spot Cryptocurrency and Spot Forex markets will be available to users by the end of 2022, with the Forex Futures Market set to launch in early 2023.