Instant crypto swap exchanges have become quite popular in recent years. After all, crypto investors are always on the lookout for exchange platforms that offer low fees, low slippage and instant swaps between a large variety of crypto assets. This is why these exchanges are growing so fast:
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Crypto swap exchanges are fully decentralized and as such, they are non-custodial and permissionless, giving you additional security.
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As decentralized exchanges address future liquidity challenges, instant swap exchanges will benefit the most.
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Exchanges provide a safer and more private way to exchange crypto peer-to-peer, which most investors prefer.
Uniswap (UNI) One of the most popular crypto swap exchanges ever. But the following 2, which are relatively unknown, are great investments right now.
Bakery Swap (Bake)
Bakery Swap (Bake) is a d-fi platform that offers crypto swaps. Like Uniswap (UNI), BakerySwap uses an automated market maker protocol to increase liquidity and keep fees low. The project is built on Binance Smart Chain and seeks to provide an all-in-one D-Fi ecosystem for its customers.
Data Source: Tradingview.com
At the time of reporting, BAKE, its native platform token, was selling for $1.15. The token also has a market cap of around $220 million. That means there is potential for even more growth, especially when you consider that Bakery Swap (Beck) was launched in 2020.
Lua Swap (LUA)
Lua Swap (LUA) is a multichain automated market maker protocol that allows instant crypto swaps within its DeFi ecosystem. The platform has also developed innovative features to bridge the liquidity across various chains, giving users more flexibility and confidence when trading.
Its native governance token is called LUA, and at the time of writing, it was selling at $0.06285 with a market cap of approximately $8.5 million. LUA is also not available in many major exchanges right now. So the future growth potential is quite good.