In the cryptocurrency and blockchain industry, new innovative projects show up on a regular basis. Although it will always be challenging for projects to gain traction, Lake Trade is an interesting take on the decentralized exchange concept. Its zero-fee structure and strong focus on liquidity can make it a very strong contender moving forward.
It is evident the cryptocurrency industry needs more decentralized exchange options. Unlike their centralized counterparts, these new platforms will let users trade assets intermittently without an owner deciding which coins to list and so forth. That alone is pretty promising first and foremost, although Lake Trade is intent on taking this concept a bit further. They want to focus on what really matters: liquidity and zero-fee trading.