Satrunx12: REVIEWS Soku Swap Exchange

Introduction:

Hello loyal crypto lovers, on this occasion I will give a little information about a very extraordinary company, this company has issued a reliable product, namely about the enormity of crypto in 2021 and Cryptocurrency now continues to flash like lightning and is now digital currency managed to record the highest record with a value of Rp. 483.54 million per 1 Bitcoin and already has millions of active users around the world and its population continues to increase rapidly.

Crypto assets are digital currencies that are used for virtual transactions on the internet network. A secret password that is quite complex serves to protect and maintain the security of this digital currency. Also known as "Cryptocurrency", the name comes from a combination of two words, namely "cryptography" which means secret code, and "currency" which means currency.

This crypto asset is known as the first digital currency to introduce the concept of smart contracts. This concept allows developers to launch or release applications for decentralized computers or smartphones (dApps). And for more details, please contact or join the company below:

What is Soku Swap?

Soku Swap is a decentralized exchange (DEX) hosted on the Ethereum Network and the Binance Smart Chain. DEX uses automated market maker smart contracts to create a liquidity pool from ERC-20 tokens and BEP-20 tokens. Its features allow users to trade using an algorithm versus the order book used on conventional exchanges.

The platform is designed to be easy to use, supports privacy, lowers fuel costs. Soku Swap is designed for traders and performs very well like any other smart contract component that requires guaranteed on-chain liquidity.

How does it work?

This allows users to trade using an algorithm versus the order book used on conventional exchanges. The price is determined using the formula x * y = k (x token x coins and y token coins y, and always maintains the invariance that x ∗ y = k for some k is constant), and this ensures the reserves remain in relative balance. Soku Swap reserves are pooled among the liquidity providers who supply the exchange with tokens in exchange for a portion of the transaction fees. Soku Swap uses registry contracts to facilitate exchange between different currencies. The system mechanics ensure trading between cryptocurrencies is based on their relative supply.

Soku Swap Features:

1. More Ways to Earn

Soku Swap offers users multiple ways to make money. From providing liquidity to trading or utilizing arbitrage using flash loans. Imagine doing arbitrage trading with Pancake Swap or Uniswap for Millions of Dollars using our coins in our easy-to-use Flash Loan System.

2. Not Just Traders Here, You Are More Like The Owner

With SOKU, our governance token, you can help define the future of the exchange. And if you make a few trades each week, you will also get a fraction of the trading volume. The more the exchange grows, the bigger your payout will be. In addition, you can make decisions about what service should come first. If you store enough of the SOKU, we may need to provide a parking space in your name.

3. Two Networks, One Exchange

On Soku Swap, you can trade on the Ethereum Network and the Binance Smart Chain. Ethereum being the largest decentralized network in the blockchain world, it is impossible to run an exchange without using it. But along with size, other problems arise. Binance Smart Chain came out recently and is helping alleviate that problem. With faster trading and lower fees, Binance is definitely one to watch out for. We feel both are important and want to make sure our users have the option to trade wherever they want.

4. Crypto Class is My Favorite !!

Have you ever tried explaining crypto to someone? I bet you do, we all do. We know it's a headache, but we try to educate the people we know because we care for them. Imagine if you could send them links to some free crypto classes, and the more classes they do, the more you will earn both. And don't worry, we'll keep it short and fun. We want to make learning easy and profitable for everyone.

5. Suko Swap Live Onscreen Chat

What's the one thing people hate the most about crypto exchanges? Is this a major drawback of customer service? I know that is one of our team's main complaints. So we decided to fix it. We'll have live chat 24 hours a day to make sure you never have a question you can't answer. No matter where you are, there will be someone just a click away to help if you need them.

6. No KYC = Privacy

Centralized exchanges require all customers to fill out a form that identifies themselves. You will need to provide your name, date of birth, Jamsostek, blood group, DNA sample, etc. etc. You see what I mean. Crypto was born as a decentralized currency that cannot be controlled and monitored. With DEX freedom, you only need to connect your wallet and make trades.

What is a Decentralized Exchange (DEX)?

A decentralized exchange is a type of cryptocurrency exchange that allows direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for intermediaries.

In centralized crypto exchanges, most of the control over your account rests with the third party running the exchange. On the other hand, with decentralized exchanges, all account control remains with you

DEX advantages:

No KYC - KYC / AML compliance is the norm on many exchanges. For regulatory reasons, individuals must frequently submit identity documentation and proof of address. This is a privacy issue for some and an accessibility issue for others.

What if you don't have valid documents? What if the information gets leaked? Since DEX is not licensed, no one checks your identity. All you need is a cryptocurrency wallet.

No Counterparty Risks: The main attraction of decentralized cryptocurrency exchanges is that they don't hold customer funds.
Unlisted Tokens: Tokens that are not listed on a centralized exchange can still be traded freely on DEX, provided there is supply and demand

What are SOKU Tokens?

SOKU is a governance token that allows holders to vote on upcoming upgrades. Soku Swap is a decentralized exchange made for the people, run by the people, and governed by the people. You will have the ability to choose what changes / improvements you think we should make first.

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