journey-to-tanx

The journey to tanX

The journey to tanX

Christine George

Product

8

min read

Dec 17, 2023

tanX - webpage landing
tanX - webpage landing


Welcome to tanX (previously Brine.Fi)


Institutional adoption is increasingly prevalent in the cryptoverse, and although this revolution has the potential to elevate crypto to the next level, some fear that it could set us back years by making crypto more centralised. Avoiding this situation will require overcoming regulatory challenges, ensuring decentralisation, addressing data privacy concerns, and enhancing liquidity while being compliant. But to achieve this, we must actively dismantle the barriers that have impeded institutional adoption for so long. It is also vital to ensure history is not repeated through fiascos (like the FTX crash). The potential impact of such events intensifies exponentially when institutional stakeholders are involved. Therefore, creating a safe and compliant environment is fundamental. And this is exactly what we’ve been building for the last few months.


We loved being a pure-play exchange, but we understood there was a need to evolve. We aspired to become a gateway to institutional grade trading and liquidity, where both institutions and retail traders can trade without the risk of trading with unknown threats or malicious entities. This transformation required not only a total revamp of our website but also a new identity: one that symbolised our dedication to a brighter future for crypto.


Welcome to a new era of crypto, where compliance meets innovation, and the power of web3 rests firmly in your hands.


How to migrate your funds


Now, let’s dive into the migration process. Here is a step-by-step guide on how to migrate your funds from your old account to your new upgraded account (tanX).

  • Visit https://trade.tanx.fi/ from your browser and click on the ‘Connect Wallet’ button on the top right corner.

  • Select your wallet from the options provided and log in to the platform. Note: Make sure to use the same wallet you used for Brine.

  • Once you have logged in, a pop-up will appear asking for your permission to migrate funds from your old wallet. Click the ‘Migrate Funds’ button to authorise the transfer of your funds.

  • After fund transfer has been approved, a wallet signature request will pop up to the right of your screen. Please sign all wallet signatures to complete the migration process.

  • Once you have successfully initiated the migration, another pop-up will appear confirming the same. The funds will be transferred to your new account shortly afterwards.

  • All your trade history, funds and unclaimed rewards will be transferred to your new account as well. You can check them using the left navigation bar.

Note: Salt score will not be migrated at the moment; it will reflect in your account shortly.

  • Sometimes, the migration might not be completed due to a network issue or too many failed attempts. In this case, please click ‘Retry’ to start the process again. If you still face issues, please reach out to support@tanx.fi.



What lies ahead


Our mission is to become the most reliable gateway for institutions entering the crypto space. We offer not just liquidity and infrastructure, but a comprehensive suite of solutions, from regulatory compliance to advanced trading tools, empowering our partners to reach their full potential in this new era of finance.

Along with the birth of tanX, we are also super excited to introduce you to our 2 revolutionary innovations:

  1. Dropmate - the world’s first autonomous validity network that allows you to automate web3 actions through the power of zero-knowledge proofs and multi-party computation. This will pave the way for a future where users have complete control over their data and actions.

  2. Safegate - the world's first hybrid MPC:AA wallet for the masses.


Conclusion


tanX represents a pivotal turning point for the future of crypto, bridging the gap between decentralisation and institutional adoption. By providing users with a secure and compliant platform, we aim to restore trust in the system and usher in a new era where fear no longer dominates crypto's narrative.

Get Started with trading on the world's leading insto DEX right away!

Frequently Asked Questions

What are the different types of withdrawals available on the platform and what are the fees charged?

What is the estimated time for withdrawal to complete?

Why do normal withdrawals require more time to be processed than I expected?

Are tanX smart contracts audited?

Does tanX charge deposit fee?

Frequently Asked Questions

What are the different types of withdrawals available on the platform and what are the fees charged?

What is the estimated time for withdrawal to complete?

Why do normal withdrawals require more time to be processed than I expected?

Are tanX smart contracts audited?

Does tanX charge deposit fee?

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tanX helps you trade trustless without having to compromise on fees, swiftness, experience & liquidity.

© 2023 tanX.fi All rights reserved.

tanX helps you trade trustless without having to compromise on fees, swiftness, experience & liquidity.

© 2023 tanX.fi All rights reserved.

tanX helps you trade trustless without having to compromise on fees, swiftness, experience & liquidity.

© 2023 tanX.fi All rights reserved.

tanX helps you trade trustless without having to compromise on fees, swiftness, experience & liquidity.

© 2023 tanX.fi All rights reserved.