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SphynxSwap lists on CoinMarketCap as a decentralized exchange

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SphynxSwap has announced that they are officially listed as a Decentralized Exchange (DEX) on CoinMarketCap.

SphynxSwap is one of a few decentralized exchanges listed on the platforms. Currently, SphynxSwap is currently 1 of 150 DEXs to ever be listed on CoinMarketCap. This means tokens listed on the Sphynx Swap exchange will be tracked on CoinMarketCap, which they believe is only the start of much more positive growth and recognition within the industry. 

CoinMarketCap is the world’s most-referenced price-tracking website for crypto assets, and the world’s largest independent cryptocurrency data aggregator with over 6,000 different crypto assets tracked across over 400 exchanges worldwide. This platform is arguably the go-to place for independent, cryptocurrency data that allows investors to be informed and make the right decisions for their needs.

As the cryptocurrency space grows, adoption has become more mainstream, and crypto is being accepted as payment across more venues, high-quality data and information on exchanges, becomes more and more vital. The SphynxSwap platform welcomes its listing on CoinMarketCap, as the independent body and data aggregator allow for a better, more balanced informed decision to be made by investors as to where to trade and upon what information their decisions are made.

As a DEX, SphynxSwap is able to facilitate peer-to-peer trading, through the use of automated smart contracts without the need of an intermediary. As an AMM, the platform also allows any combination of two tokens to be exchanged on the Binance Smart chain, and soon, the Ethereum network. This means traders can use the SphynxSwap platform for all their trading needs, including trading, charting, farming, trading NFTs, and much more. 

For additional information on this partnership and what it entails visit https://www.sphynxtoken.co

About SphynxSwap

SphynxSwap is a decentralized exchange that lives on the Binance Smart Chain, designed to allow investors to be able to trade in under 10 seconds. This is achieved by the automated configurations of user experience on the Sphynx platform, offering the quickest swap in the industry, with the lowest fees in the industry.

Sphynx aims to provide an all-in-one solution for trading, farming, staking, and holding. This includes one single platform with a consolidated wallet to always have a birds-eye view of your assets, dynamic charts, farms, and staking portals so users never have to leave the Sphynx platform.

Disclaimer: This is a paid post and should not be treated as news/advice.

With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.