The Asian stock market is one of the biggest in the world, creating billions of dollars in wealth for those who understand how the system operates. Users no longer need to trust third parties or get blocked based on jurisdiction, as there is finally a one-size-fits-all solution for everyone’s needs. NASDEX, the premiere decentralized cryptocurrency exchange for trading tokenized Asian stocks, has its own native governance token, NSDX. The token is now live on various ecosystems. In this post, we’ll detail everything you need to know about buying and holding NSDX. What Is NASDEX and What Problems Does It Solve? As mentioned, NASDEX is a decentralized exchange (DEX) for tokenized Asian assets. By putting up collateral, users can mint a tokenized version of their favorite Asian stocks for others to invest in. Once minted, users can provide liquidity and trade the stock with others from around the world. Tokenized stocks also provide additional profit opportunities for users, such as farming and staking, which aren’t available in the traditional equities market. Users can also invest in fractional tokenized stocks and assets, making stocks more accessible to those who cannot buy an entire share. Lowering this barrier to entry should make the entire market significantly more fluid. The traditional equities market suffers from high fees and geographical, technological, and economic barriers. Users around the world (and even so...
