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razijaved-blog · 5 months

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MCDEX, Understanding the Decentralized Exchange.

MCDEX is a decentralized exchange (DEX), as the name suggests. This DEX is built on the Binance Smart Chain with Arbitrum, an Ethereum layer 2 scaling solution. This implies that MCDEX is not affected by Ethereum's scalability difficulties. In reality, you may complete a transaction using Arbitrum at lightning speed and at almost little cost, storing your data on another blockchain. This makes utilizing MCDEX appealing. When you utilize MCDEX on the Binance Smart Chain, you also pay reduced fees as a user. However, this is not the only distinguishing aspect of MCDEX. That is, this decentralized exchange is designed for trading perpetual contracts (futures) and functions as an Automated Market Maker (AMM). Anyone can offer liquidity to MCDEX's own liquidity pool. As a user, you may even create your own perpetual contract market. Tokens are, of course, required in this market. You can supply the liquidity yourself, but you may also have others supply the liquidity. Anyone that contributes liquidity is compensated for their efforts. This enables MCDEX to generate passive revenue. We can observe that yield growers rely heavily on MCDEX.

for more information https://l.linklyhq.com/l/1v6z8

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hodlbtfd-blog · 6 years

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💡 What technology is Bitcoin built on?

Shop Now! ➡️ https://hodlbtfd.com/

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razijaved-blog · 5 months

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Charlie Munger, a billionaire investor, is not a supporter of Bitcoin/CryptoCurrency.

for more information https://l.linklyhq.com/l/1v7oN

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razijaved-blog · 5 months

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According to a story published in The Wall Street Journal (WSJ) on November 20, crypto media portal CoinDesk has been bought by crypto exchange Bullish for an unknown price.

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