📱Progressive Web App

ODEX is designed as a mobile first product. We want users to be able to trade digital assets at any time, anywhere.

PWAs are web applications that use modern mobile operating system capabilities to deliver a decentralized app experience.

  1. A user visits a website landing page and is prompted to install the app using the mobile browser menu.

  2. The app is installed on the mobile or desktop homescreen with an app icon which directly opens the PWA frontend

  3. A new wallet address is generated and stored locally on the device which the user can fund and use to trade assets.

  4. The wallet can be exported, backed up, restored and the user has full custody of their private key at all times.

PWA’s bypass the 30% commission rates on cryptocurrency transfers being enforced by mobile app stores. This makes it possible to reach anyone with an Android or iPhone and onboard them in a cost effective manner.

Progressive web apps are easy to install, feature offline functionality, push notifications, home screen installation and an intuitive UX. In August 2023 a social trading platform called Friend.Tech launched the first of what we believe will be many PWA’s to gain traction in the space.

The frontend offers locally hosted multi-wallets which act similarly to sub-accounts on centralized crypto exchanges. Traders can separate different strategies and risk profiles into separate wallets which act as independent, isolated accounts.

Wallet credentials are stored on the device and can be exported and backed up to Metamask or hardware wallets that support importing private keys. Signatures are generated from within the web app removing the need to confirm transactions on every trade. For non-technical users the most challenging aspect is funding the wallet, from there they click the buy/sell button and it just works.

Professional traders require a desktop interface with all the bells and whistles. Many DeFi protocol teams have tried to copy leading CEX UI’s without innovating. ODEX aims to take the next step forwards creating a pioneering trading experience using the latest emerging technologies we have available.

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