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description: General FAQs about the Tsp.exchange platform.
---

# General

On this page:

1. [What is TransFi?](#1.what-is-transfi)
2. [What is TEX? How is it different from CEX and DEX?](#2.what-is-tex-how-is-it-different-from-cex-and-dex)
3. &#x20;[Why did we choose Transparent Exchange?](#3.why-we-choose-transparent-exchange)
4. [Is Transparent Exchange a safe cryptocurrency exchange?](#4.is-transparent-exchange-is-a-safe-cryptocurrency-exchange)
5. [Will spot and perpetual trading come to version 0.1.3?](#5.will-spot-and-perpetual-trading-come-to-version-0.1.0)
6. [What are the core Functions of the perpetual version 0.1.3?](#6.what-is-the-core-functions-of-the-perpetual-version-0.1.0)
7. [What is Layer-3 chain?](#7.what-is-layer-3-chain)
8. [When will version 0.1.3 launch on the market?](#8.when-will-the-version-0.1.0-launch-market)
9. [On which chains is perpetual version 0.1.3 available?](#9.on-which-chains-is-perpetual-version-0.1.0-available)
10. [Where else can I find help if I have a problem or question?](#10.where-else-can-i-find-help-if-i-have-a-problem-or-question)

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<summary>1.What is TransFi?</summary>

We all know DeFi(Decentralized Finance) like Uniswap and CeFi(Centralized Finance) like Coinbase.

Tsp.exchange will revolutionize the DeFi and CeFi, creatively using the TransFi(Transparent Finance) as a new financial system model.

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<summary>2.What is TEX? How is it different from CEX and DEX?</summary>

TEX(Transparent Exchange) is a new type of trading platform that incorporates a series of innovations in technology and product design to achieve transparency and security similar to decentralized exchanges while maintaining a trading experience comparable to centralized exchanges.

For more[ detailed info, please check this.](https://medium.com/@Tsp_Exchange/what-is-tex-how-is-it-different-from-cex-and-dex-dfef89ac952c)

</details>

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<summary>3.Why we choose Transparent Exchange?</summary>

You can have the best user experience like centralized exchange and enjoy transparency and trust like the decentralized exchange.

* **An experience like CEX.** You can enjoy the same user habits and user experience as centralized exchanges.
* **Transparency is Trust.** Transaction data is open and transparent. All data is on the chain, everyone can supervise and check.
* **Layer 3 Chain in the future.** We will develop Layer 3 chain for finance, which has high performance, high TPS, low gas, and high transaction speed.
* **Explore Our Product Ecosystem.** You can trade various financial services with Tsp.exchange based on your preferences.

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<summary>4.Is Transparent Exchange is a safe cryptocurrency exchange?</summary>

To guarantee security, Tsp.exchange use the method of real-time transparency in which all trading record is on the chain, everyone can supervise and check. And adopt a non-custodial asset management approach, where users’ assets and private keys are not stored on the exchange’s centralized servers but directly controlled within the users’ wallets.

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<summary>5.Will spot and perpetual trading come to version 0.1.3?</summary>

Tsp.exchange is currently focused on perpetual trading on version 0.1.3. We will continue to support Spot, Margin, Lend, Earn, NFT, Pay, and more products in the future.

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<summary>6.What is the core Functions of the perpetual version 0.1.3?</summary>

* **Centralized Experience.** Enjoy the centralized perpetual experience such as registration and login, opening and closing positions, etc.
* **Social Recovery.** You can recover your account via Contract Account (CA), Account Abstraction, and Social Recovery for better security and convenience.
* **Sufficient liquidity.** Version 1.0 of our decentralized perpetual APP will be built on decentralized infrastructure such as GMX/GNS/Vela, providing users with sufficient liquidity.
* **Zero Slippage.** Large transactions can also achieve "zero slippage" by using the liquidity pool as the counterparty and feed price of the dynamic aggregation oracle machine.

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<details>

<summary>7.What is Layer-3 chain?</summary>

In the future, we will develop a Layer 3 chain for finance, which has features such as high performance, high TPS, low gas, and high transaction speed.

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<summary>8.When will the version 0.1.3 launch market?</summary>

Version 0.1.3 is launched on Arbitrum.

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<summary>9.On which chains is perpetual version 0.1.3 available?</summary>

Perpetual version 0.1.3 is available on the Arbitrum chain.

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<summary>10.Where else can I find help if I have a problem or question?</summary>

[Discord](https://discord.com/invite/yu7a6SDfwM) channels are active - post your questions, and a community member or moderator will help you. Please read the chat rules. And you can contact us via email at support@tsp.exchange.

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