Interoperability Is the Strongest Benefit of the AXL DEX. What Does It Mean?
In general terms, interoperability is defined as the execution of several similar operations. Blockchain interoperability is the communication mechanism between two or more blockchains.
Technically, interoperability is perhaps defined as the ability to see, access, and share information across different blockchains or blockchain networks. This process implementation will boost blockchain communication rates.
Many blockchain projects seek to implement interoperability to make their process easier and more transparent.
AXL will fully support multi-chain smart contract protocols through the poly network. Currently, we support the Ethereum chain and the Binance smart chain. Users with crypto assets on these platforms can carry out their trades without needing to switch from one chain to the other: hence dramatically reducing operations costs.
An added advantage is that if the user feels a particular blockchain is not efficient enough, cross-chain support makes it easy for the individual to switch to a different one that is perhaps faster or may have lower transaction fees.
It’s an amazing feature, isn’t it?
Visit the AXL website to learn more about our advantages and take part in the AXL IDO!