When it comes to handling financial assets, humans in various ways select better structures to manage their assets. The average man even with his insatiable nature will settle for a bank or any financial institution that guarantees both the safety and maintenance of his accounts. In Cryptocurrency the same mindset follows, users have a variety of Exchanges to choose from. Whether Centralized or Decentralized choices, both have benefits tailored to ensure that the basic needs of every user are met, but is that enough?

Since Centralized Exchanges came into fruition, users have enjoyed and battled these institutions to ensure that their digital assets remain completely controlled. With the evidence of centralized systems being prone to downtimes, hacks, breaches, and irregular management, the decentralized option was proposed and kickstarted in 2016 with EtherDelta. Exchanges became better, the hassle of offering personal information to centralized entities to create accounts, location barriers, high risk of losing assets and more were drastically reduced or eliminated.

It could be concluded that decentralized exchanges seem to be the ultimate option for managing digital assets, but that is a whole new debate as limitations are as progressive as solutions. But is there an ultimate infrastructure that meets the basic needs and provides advanced tools for the complete management of digital assets? Welcome to the Plena Super Crypto App.

Plena Super Crypto App

Imagine centralized and decentralized structures coming together to produce an exchange that handpicks the strengths of both and eliminates the limitations they faced, that is Plena Finance. Its Crypto Super App offers users a variety of crypto services to choose from. Users can buy, sell, stake, interact with various blockchains, and manage their portfolios flawlessly with just one account. What Plena offers through this platform makes it the ultimate must-have for every crypto investor and user out there. Navigating both centralized and decentralized platforms has been a concern, especially for new onboarders in this space and all of Plena’s Super Crypto App features bear that in mind.

In its entirety and services, Plena has shown its commitment to advancing the DeFi sector through the Super Crypto App. They offer unrivalled accessibility, an overall user-friendly interface and provide uninterrupted interaction with Decentralized Applications (dApps), allowing users to explore the sector with ease. This is how Plena is changing users experience:

1. Crypto Portfolios: This is the core service provided by every exchange, with or without various perks attached to platforms for users. Plena understands this but also factors that every user is different and should possess unique tastes, hence offers users total control in choosing favourite coins from the wide range of options available and tailoring portfolios according to their preferences.

   Plena integrated two services; Account Abstraction and Auto Purchasing, to bring users an undeniable experience. These two distinct tools provide users access to tools that will help amplify their investments and overall experience. Account Abstraction is an evolved system that handles blockchain transactions and transforms primary accounts into smart accounts. This enables programmability, enhanced security, and a better user experience. Plena utilizes Account Abstraction to allow users to interact with multiple blockchain networks seamlessly. Unlike centralized exchanges, users can now pay transaction fees in native tokens of their choice eliminating the need for complexities and multiple transactions.

   Auto Purchasing on the other hand assists users in making investment decisions like dollar-cost averaging (DCA). AP allows users on Plena to make recurring purchases of selected tokens at chosen and given internals. For example, a user can buy a token weekly through an established schedule and a predetermined amount. Plena ensures that this is carried out in a very easy-to-navigate environment ensuring everyone can participate.

2. Plena Connect: Utilizing the Account Abstraction Software Development Kit (SDK), Plena created a decentralized access and enhanced experience for over 100+ dApps. DApps can also integrate this feature to provide users with a similar experience to Plena without modifying the original smart contracts. Thanks to Plena Connect’s infrastructure, users can enjoy seamless experiences even on dApps.

3. NFT Marketplace: Plena is changing the narrative regarding NFTs all thanks to its innovative and novel approach. Plena’s NFT Marketplace allows users to purchase NFTs of their choice in selected tokens and pay transaction fees in the same tokens. Before now, transacting with NFTs was done in required tokens and specific multiple steps. Users had to deal with various transactions and intensive processes to purchase them. But thanks to Account Abstraction, Plena allows users to obtain NFTs with tokens of choice and reduces the need for token swaps.

   This Marketplace goes beyond the activity of selective token purchase, it also broadens the interests of art lovers and offers everyone new and better opportunities. Creators and buyers from various ecosystems are brought together thanks to this innovation and the NFT community continues to be robust.

4. Collateralized Portfolios: Borrowing especially in the crypto space remains a hassle due to the contingencies and protocols attached. Users are asked to lock specific tokens as collateral but this isn’t the case with Plena. They have created an approach that allows users to utilize their entire portfolio as collaterals, reducing the risk of single tokens as collaterals, especially during extreme market conditions. Plena offers borrowers little to no chance of liquidation and more stable borrowing conditions.

5. Unique Identity: A slight mistake in a receiving address can be disastrous as transferred digital assets may never be recovered. The Plena Naming Service (PNS) eliminates the risk of losing assets to errors in addresses as it gives users a free, and personalized username that allows the sending of various tokens across multiple blockchains very easily. With a single PNS name, various tokens can be sent to you anytime and anywhere without confusing addresses.

It can be deduced that Plena through its Crypto Super App solidifies the DeFi approach by its overall functionalities. Users can now experience the security of digital assets, a versatile investment platform, simplified bridging at the best rates, and an interactive and easy-to-use interface. Its primary role of trading and managing assets remains at its best with benefits like easy interaction with multiple chains as a bonus.

It is one thing to offer features and it is another to solve long-lasting issues with solutions like Plena Crypto Super App. Its relevance will be spun for a long time and will continue to be ideal for every crypto integrator, developer, and newbie. Plena offers DeFi a new spectrum making its relevance to be spoken about in years to come.

Wrap Up

The expansion of DeFi will be traced back to Plena in the coming years, especially with what it has built and is building for the future. Financial freedom and empowerment look easier to grasp than ever, and Plena offers everyone a chance to attain such individual heights. Now is the time to get involved, integrate or sign up and see decentralization from a whole new lens.