spot_imgspot_img
spot_img
HomeCOINSWhat Is COXSWAP (COX) Coin Review ? Complete Guide...

What Is COXSWAP (COX) Coin Review ? Complete Guide Review About COXSWAP

What Is COXSWAP (COX) Coin Review ?

COXSWAP A suite of persistent, non-upgradable smart contracts that together create an automated market maker, a protocol that facilitates peer-to-peer market making and swapping of BEP-20 tokens on the Binance smart chain. was built to be a decentralized exchange (Decentralized Exchange – DEX). On COXSWAP, users are empowered to exchange BEP-20 standard tokens (Binance Smart Chain’s token standard).

COXSWAP protocol using an Automated Market Maker (AMM), sometimes referred to as a Constant Function Market Maker, in place of an order book. AMM replaces the buy and sell orders in an order book market with a liquidity pool of two assets, both valued relative to each other. As one asset is traded for the other, the relative prices of the two assets shift, and a new market rate for both is determined. In this dynamic, a buyer or seller trades directly with the pool, rather than with specific orders left by other parties.

COXSWAP (COX) Storage Key Points

Coin BasicInformation
Coin NameCOXSWAP
Short NameCOX
Circulating SupplyN/A
Max Supply100,000,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Low transaction Fees#

Coxswap runs on the Binance Smart Chain platform, one of the blockchains with much lower transaction costs than Ethereum or Bitcoin.

Decentralized#

Make trade directly from your wallet app. Coxswap decentralized exchange unlike centralized exchanges like Binance, Coinbase, Gateio, … Coxswap doesn’t keep your coins as you trade, you own 100% of your own crypto.

What is Fox-Token ?

Fox-Token belongs to COXSWAP ecosystem, used in Farming, staking, lottery features. Users can farming, staking … to earn more Fox-Token. Fox Supply Total supply – Fox Token# Total: 30,000,000,000 • Burned: 25,000,000,000 ( 83% ) • Farming & Staking: 2,000,000,000 ( 7% ) • Liquidity : 2,000,000,000 ( 7% ) • Dev & Marketing : 1,000,000,000 ( 3% ) Fox Tokenomics Fox Token# •Cont

Coxswap Factory

This page provides links or locations for Coxswap’s smart contracts. Main contracts The following links will take you to the BscScan page for Coxswap’s main smart contracts.

To get Started on Coxswap#

To get started on Coxswap, the first thing you’ll need is to set up a wallet that supports Binance Smart Chain (BSC). Wallets are available both on desktop computers and on smartphone devices. You’ll need to choose the wallet that fits your needs best.

Liquidity Providers earn trading fees, earn reward Cox Token#

Providing liquidity gives you a reward in the form of trading fees when people use your liquidity pool. Whenever someone trades on Coxswap, the trader pays a 0.25% fee, of which 0.17% is added to the Liquidity Pool of the swap pair they traded on. • In addition, with the provision of liquidity, you will be rewarded with Cox Tokens

DEX

For the bottom input, click ‘Select a currency’. And choose the other token in the liquidity pair you want to add liquidity to. Here, are gong to use COX as an example. (If one of the token does not have enough balance. You will see an error and the button being greyed out. Please enter a lower amount to proceed.)

5. Click the Enable COX button. If you are adding liquidity against tokens other than BNB, you might need to click enable twice for each token in your pair. Your wallet will ask you to confirm the action.

6. The Supply button will then light up. Click to proceed.

7. Your wallet will ask you for confirmation. Confirm your transaction from your wallet.

8. Soon after, you will see your LP Token balance at the bottom of the page. You can repeat the above steps to add more liquidity, or add liquidity to different pairs.