The ODIN Platform, a platform with diverse features that appeal to a wide range of traders, entered partnership with Cardano and OKEx.
Odin is a platform with a variety of features that will appeal to a wide range of traders. New traders will enjoy learning and acquiring expertise from more experienced traders; algorithmic traders will have a chance to host their bots that are easy to develop without coding requirements. Odin will also provide other capabilities that will include targeting a specific audience. As well as monetizing content, copy trading, personal landing pages, and much more.
Odin has been busy lately forging partnerships with strategic significance to the project and the efficiency of the protocol. Odin’s plans to make the trading functionality of the protocol as streamlined and smooth as possible. It has led to the partnership with OKEx and Cardano. Which will provide multiple benefits for the users on the Odin platform.
Users will be able to employ more complex trading options, such as spot, margin, and futures trading, thanks to the partnership with OKEx. They can also trade options on OKEx DEX, giving them additional alternatives in decentralized marketplaces.
Meanwhile, the partnership with Cardano, a public blockchain platform, has brought ODIN into a multichain platform and increased its performance, security, as well as its reliability. Not to mention that multichain usage ensures network scalability as a private protocol by limiting the data exchanged every block, lessening unnecessary data, and improving transaction speed.
Cardano (ADA) is a low-fee blockchain that can handle transactions and smart contracts without a lot of overhead. Its dual-layer architecture separates computing tasks from settlement procedures, allowing each layer to handle the increased workload. Cardano (ADA) may not be the cheapest cryptocurrency to trade. But it is unquestionably a low-fee coin to transfer and engage with.
Currently, the blockchain can sustain up to a whopping 1 million transactions per second (TSP); Visa and Mastercard can sustain about 5000 transactions per second (TSP), making Cardano (ADA) ready for mass adoption and implementation.