Digimonswap is a Decentralized Exchange (DEX) that is built on the Binance Smart Chain. As one of the DEXs built on the Binance Smart Chain platform, it aims to favorably compete with the existing ones while creating unique solutions to solve the myriad of problems in the Decentralized Exchange sector.
This article explains some of the features of the Digimonswap Decentralized Exchange so you will make an informed decision on whether to use it or no.
The cryptocurrency market is highly volatile. As such, you need to be a step ahead at all times in terms of having access to the right information – and at the right time.
That is why the Digimonswap Decentralized Exchange came up with the concept of DigimonLive.
This is a live tracking aspect of the exchange that helps you make an informed decision. From this end, you can check the Fundamental Analysis (F.A.) of the crypto-asset you want to invest in.
Also, the live chart integration means that you will check the prices of crypto-assets, as well as the trading volume to help you make an informed trading decision.
That is not leaving out the fact that you can use DigimonLive to check the market capitalization of crypto-assets, and the price activities of the several crypto-assets trading on the Binance Smart Chain ecosystem.
DigiStake is another innovative feature of the Digimonswap Decentralized Exchange. It is there to help you stake or invest your crypto-assets to earn returns after a specific time.
Because Digimonswap doubles as an Automated Market Maker (AMM), it opens up a new door of opportunity for the users.
Through the DigiSwap interface, you can conveniently swap or exchange multiple crypto tokens.
Also, you don't need an Order Book to track the transactions, because Digimonswap doesn’t operate on a centralized ledger, as many Centralized Exchanges (CEXs) do.
Aside from having an Automated Market Maker (AMM), the Digimonswap Decentralized Exchange also has a dedicated cryptocurrency trading platform called DigiMonx.
DigiMonx is a fully decentralized cryptocurrency trading platform that is built on the Binance Smart Chain.
The amazing thing about the DigiMonx cryptocurrency trading platform is that it utilizes both the features of the Centralized Exchange (CEX) and that of a Decentralized Exchange (DEX). To that end, it is a hybrid cryptocurrency exchange that explores the best of both worlds to deliver the best trading experience to the users.
Besides, the DigiMonx cryptocurrency trading platform will implement the Automated Market Maker (AMM) technology and protocol to bolster user experience.
Farming new crypto-assets has never been as easy as DigiFarm makes it to be. DigiFarm is the farming protocol/aspect of the broader Digimonswap ecosystem.
Here, you can farm new crypto tokens as part of the efforts to bootstrap the adoptions of those new crypto-assets.
Also, the farming techniques are categorized into two. On the one hand, the Community category is exclusive to the members of the DigiFarm ecosystem to elect or vote for crypto-assets they would like to farm.
On the other hand, the Core category is exclusive to the Digimonswap team to decide on the crypto tokens to list for farming in the pool.
Digimonswap is offering you full-scale Decentralized Exchange (DEXs) opportunities. So, grab the offer with both hands so you can make the most out of your cryptocurrency trading journey.
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Authored By Ericks1