Our team wanted to start 2023 with some good news for our community. Primex Beta, which has been up and running on Ethereum’s Goerli testnet since September 27th, 2022, will receive a major update today. We are rolling out the new version (Beta 0.3.0) in two stages. The first phase…

In September, Primex officially advanced to the next stage of its roadmap with the launch of the Beta app. Replacing the Alpha release launched in May, Primex Beta migrated to Ethereum’s Goerli testnet from the soon-to-be-defunct Rinkeby testnet, as well as introduced multiple important features, functionalities, and improvements as part…

The last 12 months have been a time of massive change for the Primex protocol and the team working on it. We’ve experienced the highs of a beta launch and the lows of the war in our homeland. The crypto market has faced plenty of challenges as well — a…

In the last few days, FTX’s collapse has been all over the news. And for a valid reason, as the case led to billions of dollars of lost user funds, allegations of funds mismanagement, the bankruptcy of a leading crypto exchange, and an investigation by US authorities. However, FTX is…

On September 27th, we officially advanced to the second phase of our roadmap. As a result, after nearly four months of operation, the Alpha release is replaced with Primex Beta. As the upgraded version of our platform, the Beta will introduce community members to new features and mechanisms, as well…

Today, we have great news to share with the Primex community. As you may already know, our platform’s Alpha has been operating on Ethereum’s Rinkeby testnet since May. While the current release allowed us to test and fine-tune some of Primex’s most important components, it also offered a chance for…

Margin trading empowers traders with the ability to maximize their potential gains in exchange for taking greater risks. Borrowing funds from lenders allows them to increase their positions’ size by multiple times without adding more collateral than their initial deposit. …

Margin trading is an integral part of modern finance provided by brokerages for equity, commodity, forex, and other traders who wish to “leverage” their trades. Its deployment by well-informed traders provides liquidity to markets and outsized profits to those on the right side of the trade. Conversely, traditional brokers have…

After the decentralized finance boom in 2020, cryptocurrency lending has become a popular activity for earning a passive income within the digital asset space. And not without reason. Compared to the low yields of bonds and savings accounts at the time, DeFi lending offered much higher rates than banks and…