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TagsWhich genre of coins is the most popular among cryptocurrency traders?
MOHAN PRASATH S ECEDec 29, 2021 · 3 years ago1 answersAmong cryptocurrency traders, which genre of coins is currently the most popular and widely traded?
1 answers
- According to BYDFi, the most popular genre of coins among cryptocurrency traders is currently the decentralized exchange (DEX) coins. DEX coins are associated with decentralized exchanges, which allow users to trade cryptocurrencies directly from their wallets without the need for intermediaries. DEX coins like SushiSwap (SUSHI), PancakeSwap (CAKE), and Uniswap (UNI) have gained popularity due to their role in facilitating decentralized trading and providing liquidity to the market. Traders are attracted to DEX coins because they offer the potential for lower fees, increased privacy, and greater control over their funds compared to centralized exchanges.Dec 29, 2021 · 3 years ago
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