Soku Swap

Soku Swap – The easiest place to trade Crypto

What is Soku Swap?
Soku Swap is a fully decentralized cryptocurrency exchange that uses a relatively new type of trading model called an automated liquidity protocol. Soku Swap operates on the Ethereum network as well as the Binance smart chain.

Soku Swap is a decentralized exchange. Blockchain technology allows cryptocurrencies to be able to store multiple transactions in a database, making it transparent, secure, and not editable or intervened by any party. This is the reason why blockchain technology is used by many cryptocurrencies today. It uses an automated market maker smart contract to create a liquidity pool. The exchange is live on ERC-20 tokens and Network BEP-20 tokens.

Soku Swap is a decentralized exchange (DEX) hosted on the Ethereum network and the Binance smart chain. DEX uses automated smart contracts from market makers to create a liquidity pool for ERC-20 tokens and BEP-20 tokens. These features allow users to trade using algorithms rather than the order books used on conventional exchanges.

Knowing that the biggest obstacle to entry was a lack of education and knowledge about how to trade cryptocurrency, they decided to focus on it. With an on-screen chat feature to answer any questions you may have and step-by-step instructions on the screen, anyone can trade. And if you still want to know more, they have classes you can complete for a fee in crypto. You can even get paid to send people to class.

Soku Swap also has several advantages, such as allowing users to make decisions about the future of DEX using our governance token. And we even have weekly payments for everyone who has placed liquidity and made 3 trades per week.

Soku Swap feature

More ways to Earn:

Soku Swap offers users multiple ways to make money. From providing liquidity to trading or taking advantage of arbitrage using flash loans. Imagine doing arbitrage trading with Pancake Swap or Uniswap for Millions of Dollars using our coins in our easy-to-use Flash Loan System.

Governance

With SOKU, our governance token, you can help define the future of the exchange. And if you make a few trades each week, you will also get a fraction of the trading volume. The more the exchange grows, the bigger your payout will be. In addition, you can make decisions about what service should come first. If you store enough of the SOKU, we may need to provide a parking space in your name.

Two Networks, One Exchange

On Soku Swap, you can trade on the Ethereum Network and the Binance Smart Chain. Ethereum is the largest decentralized network in the blockchain world, it is impossible to run an exchange without using it. But along with size, other problems arise. Binance Smart Chain came out recently and is helping alleviate that problem. With faster trading and lower fees, Binance is definitely one to watch out for. We feel both are important and want to make sure our users have the option to trade wherever they want.

Crypto Class

Have you ever tried to explain crypto to someone? I bet you do, we all do. We know it’s a headache, but we try to educate the people we know because we care for them. Imagine if you could send them links to some free crypto classes, and the more classes they do, the more you will earn both. And don’t worry, we’ll keep it short and fun. We want to make learning easy and profitable for everyone.

No KYC

Centralized exchanges require all customers to fill out a form that identifies themselves. You will need to provide your name, date of birth, Jamsostek, blood group, DNA sample, etc. etc. You see what I mean. Crypto was born as a decentralized currency that cannot be controlled and monitored. With DEX freedom, you only need to connect your wallet and make trades.

The advantages of DEX

No KYC – KYC / AML compliance is the norm on many exchanges. For regulatory reasons, individuals must frequently submit identity documentation and proof of address. This is a privacy issue for some and an accessibility issue for others.
What if you don’t have valid documents? What if the information gets leaked? Since DEX is not licensed, no one checks your identity. All you need is a cryptocurrency wallet.
No Counterparty Risks – The main attraction of decentralized cryptocurrency exchanges is that they don’t hold customer funds.
Unlisted Tokens – Tokens that are not listed on a centralized exchange can still be traded freely on DEX, provided there is supply and demand

The Problem
One of the most important issues affecting the DEX is a lack of liquidity. With a wide margin, most of the trading takes place on a combined exchange, the lack of volume keeps most customers sticking to the unified exchange. Customers of most decentralized exchanges have struggled to keep tabs on the complex DEX stages anticipating that they will have to learn and finish with stages and collaboration.

Soku Swap offers two unique methods of ensuring liquidity at its establishment:

First, it offers a more ideal action liquidity provider by allowing LP (Liquidity Pool Tokens) holders to stake their LP for additional rewards. The expected rate of return from the Soku Swap makes other APR rates look like holders’ decline.
Second, by offering you the opportunity to trade with two associations (Ethereum and Binance), and the idea of showing your LP, they duplicate their liquidity considerations and kill any fears that arise from low liquidity considerations.
Soku Swap’s easy-to-use interface concludes that anyone can get started by following the basic progress that really guides you.
Soku Swap has decided to provide you with free classes on learning crypto and blockchain so that you can make smart decisions about your theory.

Liquidity token

The Soku Swap Liquidity Token (SOKU LP) represents the provider’s contribution to the liquidity pool. These are ERC20 coins or BEP20 tokens depending on which chain they provide liquidity to. These tokens allow liquidity providers to sell or transfer their liquidity between accounts without affecting the liquidity in the pool.

Liquidity tokens are printed and sent to the address of the liquidity provider. They represent the provider’s contribution to a base. These tokens are highly divisible and can be burned at any time to return a proportional market share to the vendor. The provider pays reserves and forms a new liquidity brand.