. This integration represents a profound shift that bridges the strengths of both worlds, combining the ease of use and liquidity of CEX with the autonomy and security of DEX.
CT: Could you tell us more about the transition of Phemex from a centralized exchange to a hybrid one? What advantages does this bring to your users?We aim to harmonize the best of CeFi and DeFi. As a CEX, we have advantages such as security, smooth and simple onboarding, an intuitive user interface, deep liquidity and dedicated customer service.
CT: The Phemex Soul Pass seems like a significant innovation. Could you give us a rundown of its benefits for your users?The Phemex Soul Pass is an ERC-20 soulbound token, so once users mint it, it’s theirs forever and cannot be transferred to another wallet.