What is TitanSwap? TitanSwap is a DeFi-focused Blockchain project that offers users cross-chain migration and liquidity solutions. In this article, you can find answers to frequently asked questions such as what is TitanSwap, what it offers, what is TITAN coin, how to get it, what is it used for. As Kriptokoin.com, we have prepared it for you. Let’s examine the project together.
What is TitanSwap?
TitanSwap is a decentralized DeFi project set out to provide its users with cross-chain transactions and the best liquidity solutions for various digital assets. The project is built on the Ethereum blockchain and has a native cryptocurrency called TITAN coin. The platform not only offers DeFi products, but also works as a decentralized exchange (DEX). Users can buy and sell various assets through the platform. It also includes a liquidity pool that supports smart orders.
The Project determines the value of its assets with an Automatic Market Maker (AMM). AMMs price assets through a trading algorithm rather than an order book. The market also has a product called smart route. The smart route is a system and ensures that the best liquidity pools on multiple blockchains are chosen by the algorithm. Users can benefit from the best liquidity pools through this system. In addition, the participants of the platform can generate income by automatic liquidity mining. DEX also allows trading cryptocurrencies by connecting to other blockchains.
What is TITAN coin? What is it used for?
TITAN coin is a cryptocurrency that can be used on TitanSwap’s DeFi services and DEX. The asset works as the project’s native cryptocurrency and is built on Ethereum with an ERC-20 smart contract. TITAN also works as the governance token of the network and ensures the decentralization of the platform. TITAN holders have voting rights on decisions that affect the platform using their assets. Besides, they can also submit offers to the community for exchange on the platform. TITAN is used for various transactions on the platform and provides benefits to its holders.
TITAN coin holders can perform cross-chain cryptocurrency exchanges, pay the fees paid for transactions with TITAN, and earn passive income by automatic liquidity mining. It also has the token staking feature used in DeFi transactions. TITAN holders can get additional token rewards at maturity by locking their holdings to a certain maturity. In addition to all these, transactions made with TITAN are very fast within the network, however, the transaction fees are very low. At the time of writing, TITAN coin was the 269th largest cryptocurrency with a market cap of $184.6 million. In addition, there were 53 million tokens in circulation.
How to get TITAN coin?
To purchase TITAN coin, you must first be a member of a crypto exchange where the token is listed. These exchanges include KuCoin, Huobi Global, Bithumb, and BitGlobal. Investors interested in the TitanSwap project can purchase the token by subscribing to one of these crypto exchanges and depositing money in their wallets.
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