Introduction
Bitly Exchange is an innovative and user-centric decentralized exchange (DEX) that operates on a CLOB-DEX (Central Limit Order Book - Decentralized Exchange) model. It offers a range of features designed to meet the needs of traders, developers, and the broader cryptocurrency community.
For traders, Bitly Exchange provides an orderbook-based trading system with an interface similar to centralized exchanges, minimizing the learning curve. It supports various order types like limit, market, and stop-loss orders, ensuring efficient execution even during high-volatility market conditions.
Developers find Bitly Exchange to be highly appealing. It allows for unregulated token listings, where only gas fees are required, eliminating additional costs and the need to add large amounts of stablecoins as initial liquidity, as well as concerns about impermanent loss like other AMM(Automated Market Maker) based DEX. This creates a more relaxed and cost-effective environment for new projects to be launched and developed.
The next sections is mainly to introduce some methods to run your own crypto exchange. This can be code-free or low-code mode, based on your requirements.