What is cryptocurrency swapping and how does it work?

In cryptocurrency, swapping refers to exchanging one coin or token for another. Sounds simple, but when you have over 1,500 different types of cryptos, things can get a little clunky. In cryptocurrency, swapping refers to exchanging one coin or token for another.

What is the cryptocurrency exchange process?

The cryptocurrency exchange process involves the transfer of cryptocurrencies from one wallet to another without an intermediary pair. The process of swapping cryptos involves several steps. This section examines what investors and systems do.

What are some examples of token swaps in the crypto space?

EOS and Tron serve as noteworthy examples of how token swaps have been completed in the recent past. In both cases, EOS and Tron began life as projects running on Ethereum, and as such relied on Ethereum’s ERC20 token standard.

What is the global crypto market cap?

The global crypto market cap is $1.54T, a 2.85% increase over the last day.