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Which cryptocurrencies are compatible with AMM?

avatarmelkmeshiNov 28, 2021 · 3 years ago3 answers

What are some cryptocurrencies that can be used with Automated Market Makers (AMM)?

Which cryptocurrencies are compatible with AMM?
Cryptocurrencies
AMM
Automated Market Makers

3 answers

  • avatarNov 28, 2021 · 3 years ago
    AMMs are compatible with a wide range of cryptocurrencies. Some popular options include Ethereum (ETH), Binance Coin (BNB), Uniswap (UNI), SushiSwap (SUSHI), and PancakeSwap (CAKE). These cryptocurrencies have established liquidity pools on various AMM platforms, making them readily available for trading and providing liquidity to the decentralized finance (DeFi) ecosystem.
  • avatarNov 28, 2021 · 3 years ago
    When it comes to AMMs, the compatibility of cryptocurrencies depends on the specific AMM platform. Different AMMs support different cryptocurrencies based on their smart contract infrastructure. It's important to research and understand which cryptocurrencies are supported by the AMM platform you intend to use for trading or providing liquidity.
  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, we support a wide range of cryptocurrencies for AMM trading. Our platform allows users to trade popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and many others. We strive to provide a seamless and secure trading experience for our users, ensuring compatibility with a diverse range of cryptocurrencies.

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