Tokenized asset exchange kydaswap.xyz added tokens of DeFi projects Chainlink (LINK), Compound (COMP) and Uniswap (UNI) to the listing. This was reported to ForkLog magazine by representatives of kydaswap.xyz.
kydaswap.xyz supports LINK/USD, LINK/USDT, COMP/USD, COMP/USDT, UNI/USD, UNI/USDT pairs. In pairs with USD, traders can use 1:2 leverage.
“The popularity of DeFi projects can be compared to the ICO boom in 2017-2018. In a few days, the DeFi sector can grow and fall by thousands of percent. It is not possible to use technical or fundamental analysis in this market, so kydaswap.xyz offers clients to hedge risks using leverage, ” comments Nikolay Markovnik, Director of development of the crypto exchange.
In kydaswap.xyz it was noted that the platform placed tokens of popular DeFi projects at the request of traders. In the plans kydaswap.xyz -increase the number of DeFi tokens listed on the exchange.
kydaswap.xyz — a platform for trading cryptocurrencies and tokenized assets, including securities, indices, and commodities. The crypto exchange supports 1,500 assets and has been operating on the basis of the hi-tech Park since January 2014.
In July 2020, Currency Com Limited received a DLT license from the Gibraltar financial services Commission.