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Bitcoin wallet UniSat launches hybrid trading engine Hexa

Bitcoin wallet UniSat has introduced Hexa, a hybrid trading engine designed to offer a seamless trading experience while maintaining self-custody.

By combining the self-custody of a decentralized exchange with the user experience of a centralized exchange, Hexa, which was announced on Feb. 19, seeks to provide a seamless and secure trading experience.

Among the Bitcoin (BTC) assets that users can trade on Hexa are BRC-20 tokens, Runes, Taproot Assets, and native stablecoins. Because the platform is protocol-agnostic, it can support a wide variety of asset types without any restrictions. It also gives users access to the top 100 Bitcoin assets on the UniSat marketplace. 

Security and transparency are Hexa’s two primary features. Every transaction is recorded on the blockchain, and the platform maintains a comprehensive order book in the mempool to ensure verifiability. Additionally, UniSat’s permissionless access permits unrestricted operations.

Hexa is built on Fractal Bitcoin, a blockchain infrastructure designed to optimize trading performance. According to UniSat, this technology increases block space by 20 times and reduces confirmation times to 30 seconds, significantly enhancing transaction speed and efficiency. 

Hexa’s launch is part of UniSat’s broader plan to increase the usability and liquidity of Bitcoin assets. The company is also working on a BRC-20 swap module for the Bitcoin mainnet, which should be finished in 2025, to provide users with more trading options.

To expand its ecosystem, UniSat has been integrating with additional wallets and services. Users can now trade and inscribe Bitcoin assets by connecting UniSat to platforms like Magic Eden, Phantom, OKX, and Xverse. Additionally, UniSat’s integration with MoonPay allows users to purchase Bitcoin directly from the UniSat user interface.

This article first appeared at crypto.news

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