Cryptocurrency Q&A
Is THORSwap a Dex?
Is THORSwap a Dex?
Raffaele
Wed Sep 11 2024
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7 answers
1609
I'm curious about THORSwap, and I'm wondering if it's a decentralized exchange, or Dex, for short. Can you clarify if THORSwap operates as a peer-to-peer platform that allows users to trade cryptocurrencies without the need for a central authority or intermediary? Additionally, how does THORSwap's functionality and features compare to other popular Dexes in the market?
7 answers
GalaxyWhisper
Thu Sep 12 2024
The decentralized and non-custodial nature of THORSwap's services ensures that users retain full control over their funds throughout the swap process.
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CryptoTamer
Thu Sep 12 2024
THORSwap debuted in April 2021, marking its entry into the world of decentralized finance (DeFi) as a pioneering cross-chain decentralized exchange (DEX).
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CryptoWizardry
Thu Sep 12 2024
Built atop THORChain's innovative multi-chain chaosnet (MCCN), THORSwap enables seamless transactions across various blockchain networks.
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SeoulStyle
Thu Sep 12 2024
This feature is particularly appealing to crypto enthusiasts who prioritize security and privacy in their transactions.
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JejuSunshine
Thu Sep 12 2024
Among the many reputable cryptocurrency exchanges, BTCC stands out for its comprehensive suite of services. As a top exchange, BTCC offers a range of products, including spot trading, futures trading, and cryptocurrency wallets.
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