Quoted from Road to Pancake Swap AMA on TOKOIN Official Global Group, Andrew Riady, CMO of TOKOIN declared that:
“Listing on DEXs for $TOKO token brings more liquidity, utility and amplifies global reach in terms of our trading volume. It gives our holder much more convenience and flexibility if they choose to swap $TOKO to many of the available tokens on the BSC network on PancakeSwap.”
With this listing, $TOKO’s number of daily transactions is expected to appreciate, and the company will enjoy many other benefits. Some of these benefits include:
Increase token pairing with other tokens in BSC network
More liquidity options for $TOKO
Access to global market
Gain new communities
Increase collaborations with other tokens
Increase utility of $TOKO token
A Little Bit About DEX
Decentralized Exchanges or often known as DEX are a type of cryptocurrency exchange that allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary. A decentralized exchange (DEX) is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers. In contrast to centralized exchanges (CEXs), decentralized platforms are non-custodial, meaning a user remains in control of their private keys when transacting on a DEX platform. In the absence of a central authority, DEXs employ smart contracts that self-execute under set conditions and record each transaction to the blockchain. These trustless, secure transactions represent an accelerating segment of the digital asset market and are pioneering new financial products.
Being in PancakeSwap, the largest DEX based on CMC will be a big game changer for $TOKO. Here are the top 5 DEX based on CMC:
Photo: CoinMarketCap
Thank you for your support for us throughout our journey! We are hopeful to give our community many more exciting announcements in the coming months. Please stay tune.
About TOKOIN
TOKOIN is a fast growing Indonesia’s blockchain company. The group provides blockchain as a service as a solution to Indonesia’s business problems. Through its $TOKO token, the company provides strategic partnerships with local and global companies. TOKOIN’s mission is to be the number one blockchain company in Indonesia and globally by accelerating growth, efficiency and effectiveness of traditional companies through blockchain technology. The vision is too bring together a unique group of individuals with a variety of backgrounds and skills to shape the TOKOIN ecosystem and community today towards the future.
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