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What is CoxSwap ?

Protocol


The Coxswap Protocol: A suite of persistent, non-upgradable smart contracts that together create an automated market maker, a protocol that facilitates peer-to-peer market making and swapping of BEP-20 tokens on the Binance smart chain.


Introduction


COXSWAP was built to be a decentralized exchange (Decentralized Exchange – DEX). On COXSWAP, users are empowered to exchange BEP-20 standard tokens (Binance Smart Chain's token standard).


AMM


The Coxswap protocol using an Automated Market Maker (AMM), sometimes referred to as a Constant Function Market Maker, in place of an order book.


AMM replaces the buy and sell orders in an order book market with a liquidity pool of two assets, both valued relative to each other. As one asset is traded for the other, the relative prices of the two assets shift, and a new market rate for both is determined. In this dynamic, a buyer or seller trades directly with the pool, rather than with specific orders left by other parties.


Trade

Instantly swap crypto tokens: no registration or account needed.


Low transaction fees

Coxswap runs on the Binance Smart Chain platform, one of the blockchains with much lower transaction costs than Ethereum or Bitcoin.


Decentralized

Make trade directly from your wallet app. Coxswap decentralized exchange unlike centralized exchanges like Binance, Coinbase, Gateio, ... Coxswap doesn't keep your coins as you trade, you own 100% of your own crypto.


Earn Trading Fees

Earn trading fees when you stake your tokens in Liquidity Pools (LPs).


Earn Cox Token

Get Cox Token rewards for stake your tokens on liquidity pools.

CoxSwap (COX) Price Today :
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Launch Date Jul 31, 2022
(1 year ago)
Date Added Aug 3, 2022
(1 year ago)

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