ParaSwap Description
ParaSwap combines multiple decentralized exchanges into a single place, so rates often beat the market price. ParaSwap combines orders from multiple exchanges into one secure and optimized transaction. GasToken.io (GST2) is also used when possible to reduce network fees. ParaSwap doesn't charge any transaction fees and is completely free. The user selects the token pair they wish to swap (eg. 1 ETH for 200 DAI). Paraswap offers the best rate and liquidity from the exchanges. Once a Swap order is confirmed, it is executed across all exchanges. ParaSwapPool is a private liquidity that our partners provide. It provides ParaSwap users with better liquidity and prices. Contact us if you are interested in becoming a ParaSwapPool liquidity provider.
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ParaSwap DEX Date: Apr 18 2023
Summary: Consistently better yields with lower transaction fees than other DEX, provided they support the token.
Quick drop down menus and simple parameters for making trades when they are urgent.Positive: Ease of interface, limit orders, efficient trade. Quick drop down menus and simple parameters for making trades when they are urgent.
Negative: Slow down with larger coin lists. Value comparison only pops up when you put your cursor over the field, but should be always visible.
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