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2021-11-18 06:01:29

Coinovy Bridge: DeFi’s Cross-Chain Link

The cryptocurrency market is currently in one of its biggest bull runs in history. With the prices of Bitcoin and Ether reaching record all-time highs, the crypto market cap has surged to over $3 trillion, making it one of the most valuable industries in the world. If the predictions are to be believed, this is only the beginning. The scale of future possibilities and growth of the crypto market is gargantuan. But as always, there’s a catch. Even though the crypto market has achieved substantial collective success, its operations are still fragmented. There is little to no interoperability between different chains and this hinders the seamless exchange of assets within the market. Users are often forced to stick to a single network, limiting not only their choice but also the potential growth of decentralized finance (DeFi) itself. As the market continues to grow both in value and the number of users, there seems to be a rising demand for solutions that promote interoperability and seamless exchange of assets between chains. In this regard, Coinovy’s cross-chain bridge is the need of the moment for the DeFi space. Interoperability Like Never Before Coinovy is a platform built to make cryptocurrencies accessible to the masses. It aims to simplify the complex process of buying, selling, and trading cryptocurrencies that hinders beginners and non-tech folk from riding the crypto wave. With a multi-currency wallet and the ability ...

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