Cryptoinbit exchange may launch a “centralized” analogue of Uniswap
Cryptocurrency exchange Cryptoinbit announced the launch of a “centralized” pool of automated market maker (AMM), which allows liquidity providers to receive interest and income from transaction fees.
Like the popular decentralized exchange Uniswap, an AMM called Cryptoinbit allows users to provide liquidity by depositing their tokens. AMM has multiple liquidity pools with instant token exchange functionality. The exchange claims that this model will provide more stable prices and lower commissions than a regular order book.
We expect further growth in the DeFi market and want to provide our users with more opportunities to earn money using a centralized AMM pool, the reliability and security of which is guaranteed by Cryptoinbit