# FAQs

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<summary>What is VeenoX ?</summary>

VeenoX is a perpetual decentralized exchange that uses an orderbook system for trading cryptocurrencies. Built with technology from Orderly Networks, it allows users to securely match buy and sell orders in real-time, promoting transparent and efficient trading without the need for centralized intermediaries.

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<summary>VeenoX &#x26; Orderly Network's Partnership</summary>

VeenoX and Orderly Network maintain a strategic alliance, with VeenoX leveraging Orderly's technical expertise and core contracts, particularly in the realm of transaction settlement. This synergy extends beyond VeenoX's technological architecture to encompass its liquidity foundations as well. While VeenoX positions itself as the trading interface and exchange coordination platform, Orderly Network plays a dual crucial role. On one hand, it acts as the settlement layer, ensuring secure and efficient transaction finalization. On the other hand, it serves as a major source of liquidity, an essential element for smooth operations. This collaboration enables VeenoX to maintain high standards of security and efficiency in the transaction settlement process. Moreover, Orderly Network's liquidity contribution is instrumental in ensuring the continuity and fluidity of trading activities on the VeenoX platform.

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<summary>TradingView powered charts on VeenoX</summary>

VeenoX utilizes TradingView’s advanced charting technology, offering users real-time market data and analytics. This integration ensures precise and informed trading decisions on the VeenoX platform. TradingView is a global platform for traders and investors. Visit their site for more of their research offerings, such as global market data and the entire crypto market cap.

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<summary>VeenoX business model</summary>

VeenoX generates revenue through transaction fees, calculated as a percentage of the trade volume. This model aligns VeenoX's success with that of its users, avoiding practices like countertrading or imposing hidden fees.

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<summary>Why choose VeenoX? </summary>

VeenoX distinguishes itself with its security, lowest transaction fees across Orderly perp dex, global access, advanced UI, community engagement, and commitment to continuous innovation, providing a superior trading experience in the decentralized finance landscape.

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