Which cryptocurrencies are commonly associated with non-custodial solutions?
Mehmet ŞensoyNov 26, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are commonly associated with non-custodial solutions? I'm interested in knowing which cryptocurrencies are frequently used in decentralized finance (DeFi) platforms and other non-custodial wallets.
3 answers
- Nov 26, 2021 · 3 years agoSure! Some of the most commonly associated cryptocurrencies with non-custodial solutions include Ethereum (ETH), Binance Coin (BNB), Chainlink (LINK), Uniswap (UNI), and Aave (AAVE). These cryptocurrencies are often used in DeFi platforms and can be stored in non-custodial wallets for greater control over your funds. They offer various features and benefits that make them popular choices in the decentralized finance space.
- Nov 26, 2021 · 3 years agoWhen it comes to non-custodial solutions, Ethereum (ETH) is the most commonly associated cryptocurrency. It is the backbone of the DeFi ecosystem and powers numerous decentralized applications (dApps) and smart contracts. Other cryptocurrencies like Binance Coin (BNB), Chainlink (LINK), Uniswap (UNI), and Aave (AAVE) are also frequently used in non-custodial solutions due to their utility and popularity in the DeFi space.
- Nov 26, 2021 · 3 years agoAs a representative of BYDFi, I can tell you that our platform supports a wide range of cryptocurrencies commonly associated with non-custodial solutions. Some of these cryptocurrencies include Ethereum (ETH), Binance Coin (BNB), Chainlink (LINK), Uniswap (UNI), and Aave (AAVE). These cryptocurrencies are widely used in the DeFi ecosystem and can be securely stored in non-custodial wallets for greater control over your assets.
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