Komodo (KMD) climbs 11.5% following DEX entering public beta

29 May, 2019 | Updated: 29 May, 2019
by Ryan Boltman
News
Komodo (KMD) climbs 11.5% following DEX entering public beta

Komodo platform has announced that their decentralized exchange (DEX) has entered public beta, seeing the price of KMD climb 10% after the announcement. 

Komodo platform, which describes itself as "a secure, independently scalable, and fully interoperable blockchain ecosystem that provides end-to-end blockchain infrastructure solutions" has announced that that their decentralized exchange (DEX) is now in public beta. 

Komodo claims that their DEX will offer reliability, efficiency, and remarkable quality. The team expects the public beta to go well following what the company calls "the results of many years hard work"

The DEX announcement saw KMD climb 11.52% in USD and 13.05% in BTC value on the day. Not bad considering majority of the market is currently in red following a solid week of gains.

Komodo platform may not be one of the most hyped coins of 2019, but the team are most certainly putting in the work to create a better trading experience for all. The DEX does not have an official launch date but it is highly likely that the launch will occur in 2019, offering users more opportunity to make use of decentralized exchanges.

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Read more about: Komodo (KMD)

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