Silex: Advanced Crypto Exchange Terminal

What Is Silex?

Silex is a state-of-the-art terminal where users can trade on all their favorite exchanges without having to store their API keys on a central server. Silex is compatible with both Mac and PC devices and is designed to suit crypto enthusiasts or professionals that are looking for a secure and easy way to trade or transfer cryptocurrencies across various exchanges.

Silex prioritizes the security of its users and in this regard, it has developed the Remote Key Encryption Software (RKES), which is a unique security system that stores the user’s API keys in an encrypted manner on their computer. Additionally, the Silex system has a unified interface that provides users with the opportunity to trade on multiple exchanges without the need to have multiple screens.

Currently, the services and the features offered on Silex are free; however, in the future, users interested in more tailored experiences on Silex can access the premium features by paying the specified fees.

How Silex Crypto Exchange Terminal Works

To get started on Silex, users are required to have a computer, at least one account with any of the cryptocurrency exchanges supported on Silex such as Binance, Bittrex, Coinbase Pro, Kraken and many more, and finally, a valid email address.

After users have downloaded and installed the application on their computer, they will receive a prompt on the application to input an email address where the confirmation email will be sent in order for them to activate their account.

Silex will load up with default exchanges once the activation of the account is complete. Users have the option of adding or removing the exchanges according to their preference. Users can then trade or transfer their cryptocurrencies between the exchanges they will have set up through inputting their API keys and enabling the platform to withdraw the API keys.

Apart from trading on Silex, users can also use the platform to view their account balances, transfer coins to other users, withdraw or deposit cryptocurrencies as well as view their consolidated balances from all their accounts on various exchanges.

The transaction limits on Silex are determined by the limits on the individual exchanges that the user is dealing with. Similarly, the minimum transaction amounts are also determined by the exchange where the trade is carried out.

Why Trade Using Silex?

Secure

Silex doesn’t store its users’ API keys on a central database; instead, everything is stored locally on the users’ computers. The API keys on the computer are then encrypted using a PIN code, meaning even when a user’s computer is stolen, no one can access the API keys without the PIN, thus achieving a higher level of security.

Unified Interface

Through the unified interface of Silex, users do not have to trade using different tools on different exchanges. This makes it easy for both experienced or beginner traders to use Silex while saving them time that would have otherwise been spent switching between different exchanges.

User Friendly

Silex integrates unique features that facilitate trading and provides users with the best experience on the platform. One such feature is the ability to connect to different exchanges and trade various cryptocurrencies through one single login using a simple PIN Code.