Swappi Exchange Review
Swappi is a centralized exchange that occupies #154 on Guru InvestingExchange Tracker. Swappi has trading volume US$554,288 in the last 24 hours and US$390,257,220 in the last 7 days.
Swappi currently has 12 cryptocurrencies, 0 paper currencies and 25 markets (cryptocurrency trading pairs). Most popular trading pair on Swappi: WCFX/USDT.
Compare Swappy next to other exchanges here: Exchange comparison tool.
Swappi cryptocurrency exchange is a decentralized AMMexchange based on Conflux, launched in 2022. It was built on the Conflux network and is the first decentralized exchange will be built on this network. The platform requires users go through the KYC verification process. To see Swappi’s latest trading volume, look above.
Swappi only allows trading via swap. So there is no option for Swappi spot trading. There are 19 presented on the platform crypto-crypto trading pairs Swappi. Swappy exchange fee 0.25% applies to all swaps.
PPI is the platform’s native token. Swappi cryptocurrency exchange also allows users place bets, farm, participate in the lottery and use the launchpad.
The Conflux Foundation founded the Swappi cryptocurrency exchange. Founding team members are anonymous.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
