QuickSwap is a fork of Uniswap running on the Polygon network (formerly Matic Network), a Layer-2 scaling solution for Ethereum. Polygon has lower transaction fees compared to the Ethereum mainnet. Detailed information on what is QuickSwap coin (QUICK), how it works, how much it costs, how to buy it, which stock market it is on, etc. is in the continuation of the content. You can browse here for information about BOBA coin.
What is QuickSwap coin (QUICK) and how does it work?
QuickSwap is a fork of Uniswap running on the Polygon network (formerly Matic Network), a Layer-2 scaling solution for Ethereum. Polygon has lower transaction fees compared to the Ethereum mainnet, enabling QuickSwap to facilitate token transactions at a lower cost than exchanges like Uniswap v2. QuickSwap’s token, QUICK, gives users administrative rights over the protocol.
QuickSwap is a next-generation layer-2 decentralized exchange (DEX) and automated market maker (AMM). QuickSwap is also a fork or clone of Uniswap, the number one automated market maker. But the difference is that Uniswap runs on the Ethereum Network while QuickSwap runs on the Matic/Polygon Layer-2 platform.
Due to the high congestion on the Ethereum Network, QuickSwap offers faster payments than Uniswap with fees much lower than Ethereum. Since Uniswap has become the industry standard for AMMs and Uniswap liquidity mining and is so heavily regulated, it’s no surprise that many projects are using open source code to build variations of the number one decentralized exchange (DEX).
Additionally, the native QUICK token is an ERC-20 token, which forms the basis of the QuickSwap platform. According to the statements made, the distribution model for the QUICK token was fair and aimed to create a sustainable and robust ecosystem that puts its community first. There was no seed, private or public funding for the QUICK token. In addition, according to the statement, 90% of the distribution of all QUICK tokens will be allocated to liquidity mining in the next four years.
How to buy QuickSwap coins? What exchange is QUICK coin on?
QuickSwap coin is listed on many cryptocurrency exchanges and can be purchased from these exchanges. However, it is necessary to make sure that the exchange to be traded is “RELIABLE”.
So which exchange is QUICK coin on? QUICK token is listed on exchanges like Binance, KuCoin, Coinbase Exchange, Crypto.com Exchange, etc.
QUICK coin price!
As of December 29, 2021, the price of 1 QUICK token is around $371.60. This price can change instantly because as it is known, the volatility in the cryptocurrency market is high.
Caution: The information contained in this content is for informational purposes only. It is not investment advice.
For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency