# ❓ | FAQ

### **What is EasyX?**

{% hint style="success" %} <mark style="color:green;">**EasyX**</mark> is the ideal onboarding tool for beginner traders, aimed at the heart of untapped DeFi market. By offering a simple and easy-to-grasp approach to leverage, our goal is to convert crypto enthusiasts into active pro traders, all through the magic of simplicity.
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### How old is EasyX, and how can I stay informed about its progress?

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We've been building for the past year. Make sure to follow us on [<mark style="color:blue;">**Twitter**</mark>](https://twitter.com/easyxdefi) & [<mark style="color:blue;">**Telegram**</mark>](https://t.me/EasyXdefi) to stay always up-to-date regarding the project development.&#x20;
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### **On what blockchain does EasyX operate?**

{% hint style="success" %} <mark style="color:green;">**ApeChain.**</mark>
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### Do I need KYC to access?

{% hint style="success" %} <mark style="color:green;">**EasyX**</mark> is a decentralized trading app that requires no KYC to use.
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### What makes EasyX so special?

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Some of the key advantages of <mark style="color:green;">**EasyX**</mark> are:

* <mark style="color:green;">**Easy to use UI**</mark>, low fees, and ultra-fast trades, backed by Ethereum's unbreakable security.&#x20;
* Advanced trading tools in a simple and easy to grasp format: \ <mark style="color:green;">**stop-loss**</mark> and <mark style="color:green;">**take-profit orders**</mark>, all the way up to <mark style="color:green;">**100x leverage**</mark>
* Trade without worrying about TX fees, with our <mark style="color:green;">**gasless model**</mark>
* <mark style="color:green;">**Tutorial mode,**</mark> designed for beginners
* Trustless Leveraged trading: <mark style="color:green;">**no KYC checks**</mark> and independent from central authorities
* <mark style="color:green;">**Fully-audited, bleeding-edge Web3 technology:**</mark> platform is secure, protocol is transparent, and you're in full control of your assets
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### How does it differ from other competitors like GMX and gTrade?

{% hint style="success" %} <mark style="color:green;">**EasyX**</mark> stands out from the competition with the following :

1. Simple terminology.
2. Intuitive user interface.
3. No excessive trading features, just enough to make you profit.
4. Small learning curve.
5. Practice mode with virtual assets.
6. Gasless trades.&#x20;
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### **Is&#x20;**<mark style="color:green;">**EasyX**</mark>**&#x20;audited?**

{% hint style="success" %} <mark style="color:green;">**EasyX**</mark> has received multiple audits, both by [<mark style="color:blue;">**PeckShield**</mark>](https://peckshield.com/) and [<mark style="color:blue;">**Halborn**</mark>](https://www.halborn.com/)<mark style="color:blue;">**.**</mark>
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