Tag: Token Swaps

Token swaps have become an essential mechanic within the cryptocurrency ecosystem, allowing users to exchange one type of cryptocurrency for another. Whether for trading purposes, accessing different blockchain networks, or upgrading to a new token standard, understanding token swaps is critical for navigating the digital asset landscape. The Basics of Token Swaps A token swap, simply put, is the exchange of one cryptocurrency token for another at a predetermined rate. These swaps can be executed through various methods, including exchanges, automated market makers (AMM), or even between individual users via smart...