🔄Exchange
Last updated
Last updated
PaySwap is an Automated Market Maker (AMM), and the Exchange is at the heart of PaySwap.
The PaySwap Exchange offers several features that support decentralized trading:
PaySwap lets users trade without the need to go through a Centralized Exchange. Everything you do on PaySwap is routed directly through your own wallet—no need to trust someone else with your coins!
You can only swap tokens on PaySwap if there is enough liquidity for those tokens. If nobody has added much liquidity for the token or tokens you want to swap, it will be difficult, expensive, or impossible to do so.
Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees for making sure there's always liquidity for the exchange to use.