What are the most popular coins for trading on decentralized exchanges?

3 answers

• BIG DigitalNov 09, 2021 · 4 years ago
  Sure! Some of the most popular coins for trading on decentralized exchanges include Ethereum (ETH), Binance Coin (BNB), Uniswap (UNI), Chainlink (LINK), and Aave (AAVE). These coins are widely recognized and have a large trading volume on decentralized exchanges. They offer liquidity and are often used as the base currency for trading pairs with other cryptocurrencies. It's important to note that the popularity of coins on decentralized exchanges can change over time, so it's always a good idea to stay updated with the latest trends and market conditions.
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• Samipya DhakalJun 14, 2022 · 4 years ago
  When it comes to decentralized exchanges, Ethereum (ETH) is definitely one of the most popular coins for trading. It serves as the backbone for many decentralized applications and protocols, making it a preferred choice for traders. Other popular coins include Binance Coin (BNB), which is the native cryptocurrency of the Binance exchange, and Uniswap (UNI), a decentralized exchange protocol built on the Ethereum blockchain. These coins have gained significant traction in the decentralized finance (DeFi) space and are frequently traded on decentralized exchanges.
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• Ephraim BryskiOct 01, 2021 · 4 years ago
  Decentralized exchanges have gained a lot of popularity in recent years, and there are several coins that are commonly traded on these platforms. Ethereum (ETH) is undoubtedly one of the most popular coins for trading on decentralized exchanges. Its smart contract capabilities and wide adoption make it a preferred choice for many traders. Other popular coins include Chainlink (LINK), which provides decentralized oracle services, and Aave (AAVE), a decentralized lending and borrowing protocol. These coins offer unique features and have a strong presence in the decentralized finance (DeFi) ecosystem.
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