James Atkins
Editor
Editor
Solana wallet Solflare has introduced integration with foremost cryptocurrency exchange platforms FX.com and FTX US. Permitting users to manage their Solana DeFi and NFT portfolios using a simple interface.
This move comes as part of Solflare’s increasing focus on CeFi-DeFi interactions and bringing the benefits of both to its users.
The integration will allow FTX users to directly connect their FTX accounts with Solflare. And use it as a single interface for CeFi trading on FTX.com, CryptoSpotEx, and other exchanges. As well as for transferring crypto assets into DeFi protocols such as Compound, dYdX and more.
In addition, the integration provides access to Solflare’s unique “Social Trading” feature. Which allows users to follow the portfolios of top traders and automatically copy their trades.
This is a valuable tool for those new to Crypto trading or DeFi. Who want to learn from the best and take their Crypto investments to the next level.
The integration of FTX into Solflare is just the latest example of our commitment. To make it easy for our users to get the most out of CeFi and DeFi. With Solflare, you can have the best of both worlds – security and stability.
The Solana wallet will be linked to the Solflare web extension and mobile app, allowing users of both platforms to access their funds at FTX.com and FTX US. Users will be able to use their wallets to withdraw money from their exchange accounts immediately.
Automated transactions include the FTX Convert function, which allows for token conversions right from the wallet. This is a fast and efficient way to take advantage of market conditions and get the most out of your CeFi and DeFi investments.
The Solana community is excited about the possibilities that this integration opens up and we are proud to be able to offer our users this valuable service.
With the extension and app, Solana users can also tap into more across DeFi and NFTs. As they effortlessly manage asset deposits and withdrawals from their FTX accounts.
Users can also access liquidity from FTX’s deep books to supplement that of Raydium and Serum. As well as venture into NFTs via the wallet’s support for deposits, withdrawals, and visualization.
Solfare says the integration will help connect Web2 and Web3, offering users the benefits of a seamless experience in one app. It brings centralized finance (CeFi) and decentralized finance (DeFi) under one app.
Filip Dragoslavic, co-founder of Solflare comments:
“FTX is probably one of the most popular centralized exchanges for DeFi users, especially on Solana. Integrating the two connects both worlds and turns it all into one seamless experience. You can command your FTX account without ever leaving Solflare, and confirming that your wallet address is indeed one unique human registered on FTX might enable many, new web3 opportunities.”
Solflare is a native Solana wallet and supports multiple functionalities, including staking and advanced NFT interactions. The wallet also offers Ledger support.
With this new integration, Solflare users will be able to:
Unlike other DeFi wallets that require users to go through a third-party service. The Solflare FTX integration will allow users to trade directly from their wallets.
If you’re looking for a Crypto wallet that gives you the best of both CeFi and DeFi. Look no further than Solflare. With our latest integration with FTX. We make it easy for you to access your funds and take advantage of market conditions. Try it out today!
I have been writing copy for blockchain-related projects since 2017. I understand the importance of being able to communicate clearly and effectively with both technical and non-technical audiences. By leveraging my understanding of the crypto industry trends, I can help increase adoption in this rapidly evolving landscape.
