INVESTING BY PROVIDING LIQUIDITY IN CRPYTO CURRENCY DEX PLATFORM

 

CRYPTO 8

EARNING WITH CRYPTO CURRENCY

2. INVESTING BY PROVIDING LIQUIDITY IN CRPYTO CURRENCY VIA DEX PLATFORM

This is strictly for educational purposes and not a financial advice.

DEX: Decentralize Exchange is a place where you convert any crypto currency that you have to the one you want, by paying a token for the transaction. This token paid is called gas fee.

As people are trooping in from all over the world into a DEX platform, to exchange Crypto currency in their possession, to the Crypto currency they want, have you bothered to ask, how do DEX platform get all the Crypto currency to sustain this large market in their platform? 

 

 

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As people are coming to exchange their crypto currency, others are coming as investors. What this means is that the investors are the people that provide liquidity that sustains the DEX platform.  Remember from our previous lectures, DEX (Decentralize Exchange) is not own by anyone, that is why the name “Decentralize” is used to describe the exchange platform. So no company is responsible for providing liquidity.

EARNING BY PROVIDING LIQUIDITY IN A DEX PLATFORM

The beauty of this passive income obtainable in this investment is that there is no minimum or maximum amount to provide liquidity. Any amount you like, no matter how small or big it is, you can use to provide liquidity in a DEX platform.

Kindly note that any gas fee paid in any transaction that involved the currency used in providing liquidity is shared among the investors  that provided that currency in that DEX platform

 

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The Practical of this course will be taken in my whatsap group chat, you can join by clicking the link below https://chat.whatsapp.com/DRJoaQh5TRd0gRcvqqZECw

I remain CEO BJ (An Entrepreneurship Development Expert) whatsapp @ 08034453005 or +234-803-445-3005

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