RocketX is an advanced, hybrid CEX and DEX aggregator that works like a search engine for users looking for best prices on crypto swaps or trades. Advanced as in it allows users to select the trading platform of their choice by taking into consideration aspects like processing time, security, slippage, protection from MEV, among others.
Checkout this 2 min. video to get an overview about RocketX.https://www.youtube.com/watch?v=848EXjpukYk
RocketX = Best Rates (by aggregating all leading CEX & DEX).
RocketX = Interoperability (between 100+ blockchains. 200+ soon).
RocketX = Self Custody (Trade on leading CEXs from your wallet like Metamask)
✨ Your 1-stop-shop for crypto!
Besides saving lots of time and energy to connect all these DEXs individually, DEX aggregators have some major advantages such as:
Let these DEX aggregators compete with each other… RocketX will find the best DEX aggregator for you.
It’s not mandatory to register to use RocketX. However, registering on RocketX has additional advantages.
RocketX Pool is the combined liquidity aggregated from all the leading CEXs to help our users with the best rates with every swap (both on-chain & cross-chain).
The best exchange is the one where the user gets the highest dollar value. This means the dollar value of the Quote minus the expected gas fee dollar value.
The best exchange is the one where the user gets the highest dollar value. This means the dollar value of the Quote minus the expected gas fee dollar value.
The Quote is the expected number of the destination tokens.
(In case of swap via CEX, the quote is shown after deducting the CEX withdrawal fee too.)
Slippage tolerance only applies for DEX transactions and refers to the difference between the Quote (expected number of destination tokens based upon latest pool values) and the actual price the order will be filled that you are willing to accept. The tolerance level is set as a percentage of the total swap value. You can set/adjust his slippage tolerance percentage in the User Settings section (wheel icon).
The Minimum Received is the minimum number of destination tokens to be received based on the chosen slippage tolerance percentage. (For example, if the slippage percentage is 1%, the Minimum Received is 99% of the Quote).
The DEX transaction takes place via a DEX aggregator who finds the optimal route to execute the swap for the best price via one or more liquidity (AMM) pools listed on one or multiple connected DEXs. The user can set a slippage tolerance percentage, and if the swap can be executed within this tolerance, the transaction will be executed immediately in a single-hash transaction. If not, the order will fail (be rejected). No additional platform fees are charged.
The CEX transaction consists of 3 (done-for-you) steps: a deposit of the source token to the exchange, the actual swap/trade via a market order, and a withdrawal of the destination token to the user’s wallet. This process makes cross-chain transactions possible as long as CEXs support multiple token formats. The user has to pay the deposit gas fee, while the RocketX protocol deducts the platform fee and the CEX withdrawal fee from the number of destination tokens. The shown Quote (expected number of to-be-received destination tokens) is after the deduction of the platform fee and CEX withdrawal fee. As the actual order is being executed as a market order, the slippage tolerance percentage and Minimum Received don’t apply for CEX transactions. Also, the CEX transaction processing time is a little longer in comparison to a DEX transaction in case of swaps within the same network, but the time take via CEX is lower compared to cros-chain swaps via a DEX. All the information is available for the user at a glance to compare and choose the exchange of his/her choice based on the operation.
DEX aggregators have different means to decrease gas fees and use different types of smart contracts for order routing/execution. Hence, gas fees for each DEX aggregator can be different.
For CEX transactions, the gas fee, to be paid by the user, involves the deposit of the source token to the CEX. Hence, the associated gas fee for each supported CEX is the same & always way lesser than gas fee required for swap via DEX.
In the context of cryptocurrency trading, slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. It can occur when there is a significant difference between the current market price of a cryptocurrency and the price at which a user places a limit order for a trade. For example, if the current market price of a cryptocurrency is $100 and a user places a limit order to buy the cryptocurrency at $95, there is a risk of slippage if the price of the cryptocurrency drops significantly before the trade can be executed. In this case, the trade may be executed at a lower price than the user intended, resulting in slippage.
Price impact measures the effect of trade on the market price, while price slippage measures the difference between expected and actual trade execution price.
A cryptocurrency aggregator is a platform or service that allows users to access and compare prices and other information from multiple cryptocurrency exchanges or wallets in one place. Aggregator crypto can be helpful for users who want to track the price of multiple cryptocurrencies across different exchanges or who want to compare the fees and features of different exchanges or wallets. Some crypto aggregators may also provide other features such as trading tools, alerts, and news about the crypto market.
A decentralized exchange (DEX) aggregator is a platform that allows users to compare and trade cryptocurrencies across multiple decentralized exchanges (DEXs). The best DEX aggregators make it easier for users to find the best prices for their trades by searching across multiple DEXs and presenting the results in a single, easy-to-use interface.
Similar to a DEX aggregator, a CEX aggregator also allows users to compare and trade cryptocurrencies, although on centralized exchanges (CEX). The best CEX aggregators search through several CEXs to bring the best price on cryptocurrencies for users.
A single-chain swap is a token swap where the tokens are being swapped on the same network. A Cross-chain swap is a token swap where the source and destination networks are different. A bridge is a swap where the source and destination tokens are the same but the source and destination networks are different (a swap of a token from one network to another).
RocketX Exchange has undergone multiple security audits done by Zokyo and Network Intelligence. With every major update, we revise our audits. RocketX is a decentralized non-custodial platform. Users have full control over their wallets via self-custody. A user has to confirm each transaction via his wallet. The only time a user loses “accessibility” to his tokens is for a fraction of a second in case of a CEX transaction when the source tokens are sent to the CEX, and the user has to wait for the actual trade and transfer of the destination tokens to his wallet.
RocketX Exchange has undergone multiple security audits done by Zokyo and Network Intelligence. With every major update, we revise our audits. RocketX is a decentralized non-custodial platform. Users have full control over their digital assets via self-custody. A user has to confirm each transaction via his wallet.
You may revoke the approvals given to smart contracts using RocketX or any other dapp using any of the below 3rd party apps:
Since token approvals are given on-chain, revoking the approval must also be on-chain. This means you need to pay gas fees for each token approval revocation.
It is recommended to wait for 30 min. before raising a ticket as sometimes the processing could be delayed to network congestion.
You can raise a ticket using below link:https://rocketx.freshdesk.com/support/home
The cryptocurrency market is governed by a set of specific rules and regulations that mandate the implementation of Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures for most crypto services.
At RocketX, our primary goal is to safeguard our clients from scams and fraudulent activities within the crypto sphere. We are committed to adhering to all the current rules and regulations, and one of the essential mechanisms enabling us to achieve this is our rigorous KYC/AML procedure.
This procedure serves as an assurance of the absolute legality of your transactions, providing verification to regulatory bodies that your actions comply with the law. By undergoing this process, you affirm your status as a law-abiding citizen, alleviating any potential concerns or claims that regulatory authorities may have against you.
For Fiat to Crypto, we work with partners like Transak/Onramper & KYC is mandatory.
For Crypto-Crypto Swaps it depends on whether the swap is routed via CEX or a DEX:
For DEX transactions: KYC is not required and there is no limit on transaction volume routed via DEX.
For CEX transactions: KYC is not required as long as your swaps via CEX do not cross daily limits.
RocketX employs a robust Anti-Money Laundering (AML) and Know Your Customer (KYC) protocol, bolstered by a risk mitigation system utilizing on-chain analysis. In the event that the algorithm detects a suspicious transaction, the exchange temporarily puts the swap on hold and requests the user in question to verify their identity.
There exists a specific set of criteria that the algorithm utilizes; however, revealing these criteria publicly is not feasible, as it could lead to users attempting to exploit them for fraudulent purposes.
This system has proven highly effective in combating money laundering and fraudulent activities. The KYC process enables us to swiftly and efficiently distinguish between genuine customers and scammers.
Each KYC case is treated on an individual basis. If a particular transaction raises suspicion, the swap is temporarily halted, and the user is requested to log into the app and complete the KYC process using our partner Blockpass's verification tool. Users are granted a four-day window to complete the verification procedure. Should a user opt not to undergo KYC, they have the option to decline (in such cases, kindly contact us at [email protected]) and receive a refund, with network fees deducted, within 24 hours. RocketX retains the authority to blacklist the associated address (or addresses), rendering them ineligible for future swaps through our service.
Upon RocketX's confirmation of the user's successful completion of KYC via Blockpass, the swap concludes successfully, and the funds are then transferred to the recipient's wallet address.
We are unwavering in our commitment to uphold our reputation as a legitimate and law-abiding exchange service, suitable for all users, whether they are newcomers to the crypto world or seasoned traders and miners. As such, RocketX reserves the right to apply the KYC/AML procedure to specific users or wallet addresses.
RocketX vehemently opposes money laundering and illegal activities, and consequently refrains from engaging in any business arrangements with individuals or business entities suspected of involvement in such activities.
In instances where a client submits falsified documents, the KYC/AML process is considered unsuccessful, and the deposited funds are promptly refunded to the originating address (or addresses), minus network fees, within 24 hours. RocketX maintains the prerogative to blacklist the associated address (or addresses), rendering them ineligible for future swaps using our service.
If you have fallen victim to theft and suspect that stolen funds have been transferred to a RocketX router address, please initiate a support ticket using 'HELP' menu in the app and furnish us with the following details:
Upon receiving substantial evidence indicating that the funds were indeed stolen, RocketX will make every effort to temporarily freeze the assets. During this process, it is imperative that the police or law enforcement authorities provide us with a report on the ongoing case within 15 days of your support ticket submission.
Please be aware that we can only release frozen funds in response to a formal request from a Law Enforcement Authority. This request should explicitly state the intention to recover the funds and must include pertinent information about the transaction in question.
Kindly forward a digital copy of the request to [email protected] with the subject line 'Refund order from Law Enforcement Authority.'
Click on the Login menu and login to the app.
Once logged in to the app, go to the 'Account' menu & then the KYC section and click the 'Complete KYC'. This will redirect you to our KYC partner site where you will need to follow a series of steps to get verified.
Once you are verified successfully, your KYC status should reflect as 'Completed' under your 'KYC' section.
The processing and safeguarding of your data are entirely managed by our trusted third-party partner, Blockpass. Blockpass is fully committed to upholding the principles of personal data protection and is in compliance with the General Data Protection Regulation (GDPR). It stands as a top-tier compliance solution in the industry, ensuring a more secure Know Your Customer (KYC) process.
There is no fee for swaps below $5 via DEXs. Platform fee is dynamic & starts with a minimal fee of 0.1% on a select few chains. A min. fee of $1 is applicable for on-chain swaps & $2 for cross-chain swaps via DEX.
RocketX charges a dynamic fee with swaps where we get better rates for our users via CEX compred to DEX (the fee starts from as small as $2 to a max. fee of 0.4%). For some exchanges the platform fee could be higher where compliance cost is higher.
You could use the platform for FREE, without any charges by HODLing $RVF. Read complete details here:
In contrast to other platforms, in the quote column, the CEX withdrawal fee are already being deducted from the actual exchange quotes. However the platform fee is charged additionally.
It’s the difference in dollar value by comparing the exchange with the best quote versus the one with the least quote considering the gas fee & platform fee paid by the user.
You could use the platform for FREE, without any charges by HODLing $RVF.
You get a discount based on no. of RVF tokens held in wallet:
The discount will be applied automatically & the total RVF tokens held across all 3 networks Ethereum, BNB chain & Polygon are considered to arrive at the discount.
Read the complete details here:https://rocketxexchange.medium.com/benefits-to-rocketx-rvf-token-hodlers-defi-passive-income-fdde5394b174
Here are the general steps to swap tokens on RocketX:
Checkout this 2 min. Video on how to swap using RocketX:https://www.youtube.com/watch?v=D5gnyEHaBms
If you do not see the swapped tokens in your wallet after a successful swap on RocketX Exchange, there are a few things you can try:
If none of these steps resolve the issue, you may want to contact the support team for further assistance by raising a ticket using below link:https://rocketx.freshdesk.com/support/home
Yes, you can do both as long as the wallet supports the operation. You can speed up the confirmation of your transaction in the following ways:
It's worth noting that increasing the gas fee may not always guarantee a faster confirmation, as it depends on the current network congestion. It's also worth noting that you can't speed up a transaction once it is mined, but you can speed up the confirmation of the transaction.
A transaction can fail on RocketX for several reasons:
It's important to double-check the details of your transaction, such as the deposit address, the amount, and the gas fee, before confirming it.
It primarily depends if the swap is being routed via a CEX or a DEX.
On average, a single transaction on RocketX may take anywhere between 1-15 mins. The app already displaye the estimated time for each swap along with the quotes from different exchange options available on the app..
It's important to note that these are just estimates and the actual time it takes for a transaction to complete can vary based on several factors:
The source is based upon the current price, an “average aggregated price” arrived from an external data source that registers actual trades and order books (bid-ask prices) for the main exchanges. The destination value is based on the Quote value (the estimated number of destination tokens times the current price). The Quote value is after the deduction of CEX withdrawal fees (if applicable). Hence, most of the time, the source value is higher than the destination dollar value. But due to optimal routing or in case the source token can be swapped for a better price than the shown current price, the destination value can be higher than the source value (positive price impact).
Each of the menu has a different purpose to improve the user experience. Below should be helpful to understand better, when to use which menu:
Via this tab, you’ll get access to several external services that facilitate buying/selling tokens with fiat money. You can directly buy hundreds of crypto coins or tokens by paying via credit card, bank transfer (SEPA), Apple Pay, or Google Pay. That’s the on-ramp feature. Some services also allow off-ramp features where you can sell your tokens for fiat (usually by connecting with your bank account).
RVF token was launched on 13-Apr-2021.
Please refer to the Vision Paper on website for the RVF tokenomics.
Below are the RVF token contract address on Ethereum, BSC & Polygon Chains:
Holding $RVF token has primarily 3 benefits:
Read more details here:https://blog.rocketx.exchange/top-3-benefits-of-holding-rvf-tokens
You can buy $RVF via RocketX app using below direct links:
✅ Ethereum Network:https://app.rocketx.exchange/swap/ETH.ethereum/ETH.rocketx
✅ BNB Network:https://app.rocketx.exchange/swap/BNB.binancecoin/BNB.rocketx
These are dynamic in nature. You may check circulating supply, market cap & other token details using either of the following:
By integrating RocketX API to launch swap feature into your service, you start earning with every transaction initiated from your platform.
RocketX employs a robust Anti-Money Laundering (AML) and Know Your Customer (KYC) protocol, bolstered by a risk mitigation system utilizing on-chain analysis. In the event that the algorithm detects a suspicious transaction, the exchange temporarily puts the swap on hold and requests the user in question to verify their identity. It is essential to note that RocketX vehemently opposes money laundering and any illicit activities, consequently refraining from establishing any business affiliations with individuals or corporate entities implicated in or suspected of engaging in such activities. Each KYC case is dealt with on a case-by-case basis to ensure comprehensive scrutiny. For further information regarding our KYC procedure, please consult the FAQ section on our website at
We support 20,000+ tokens & 200+ blockchains with a single API. We constantly keep adding support to more tokens & blokchains to be the one-stop solution for swap.
If you have a new asset that you would like to see listed on the RocketX exchange platform, please send an email to [email protected] with the subject line "New Listing Request". Our team will respond to your inquiry within two business days. We offer a variety of listing options, and our dedicated team will be delighted to provide you with a detailed explanation of each option and recommend the most suitable choice based on your project's unique preferences and requirements.
If you are interested in launching a new blockchain on the RocketX exchange platform to enhance interoperability with prominent blockchains, please reach out to us via email at [email protected] using the subject line "New Blockchain Launch Request". Our team will promptly address your inquiry within two business days. We provide an array of launch alternatives, and our committed team is eager to furnish you with an in-depth overview of each option and offer recommendations tailored to your project's specific preferences and needs.