(8) Popular DEX Exchanges found in the Bitcoin Cash DeFi side-chain [updated]

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1 year ago

The Bitcoin Cash DeFi market, called SmartBCH, was created in late July and early August 2021, making it possible for the peer-to-peer payments currency to also be used in smart contracts in the world of decentralized finance.

Since then, a lot has evolved and many players have entered into SmartBCH with very attractive projects that allow investors to maximize their gains and obtain profits from the use of decentralized trading platforms. For those who have already started to follow SmartBCH in the beginning, probably know about Dex Exchanges running on the side-chain, but for those who are entering the ecosystem world and for those who like to be always up to date with news it is always good to get on track about them.

Therefore, below we will find seven of the most popular trading platforms where investors can swap, stake, farm, conduct IDO and much more on SmartBCH;

Benswap

Benswap.cash | Audited by: Certik

BenSwap is a decentralized asset trading platform created on SmartBCH on the 18th of August 2021 by an anonymous developer by the name of Ben. It's a fork of pancakeswap that was developed on Binance's smart network, which happens to be the same platform developer also has a project running on BSC's decentralized network.

It was the first DEX Exchange to operate on smartBCH and from an early age it has always had a very good reputation on the side-chain, creating tools that make it easy to use and with subsidized rates for users. The platform was audited by Certik and all smart contracts passed without any problems.

BenSwap Dex Exchange can be found on Telegram and Twitter to follow Updates and stay tuned about what's happening on their ecosystem.

MistSwap Dex

MistSwap.cash | Audited by: 0xGuard & Certik

Mistswap Dex Exchange is a platform created by Kasumi a well-known and prominent figure in the Bitcoin Cash community, it is a fork of the famous Sushiswap and was launched in October 2021 precisely on the 2nd. Mistswap Dex is the first DEX to create a conversion service of coins from different chains in order to bring more investors to SmartBCH.

Its bridge service is capable of converting more than twenty cryptocurrencies to Bitcoin Cash in SEP-20 format to be used in SmartBCH, and not only that, it also allows it to be converted back into any currency outside the side. chain, becoming a vital tool for the development of SmartBCH. In addition to this service, the platform dev team has already launched on March 18 the BCH.domains, which allow holders of SmartBCH addresses to use them in the form of names, reducing the headache of always copying the long address. That's not all, in addition the team behind MistSwapDEX also launched smartsafe.cash - a tool forked from gnosis.safe with allows users to create safe on a DeFi environment to manage assets their own all in one place on the SmartBCH side-chain!

A lending project is also under development that will allow users to borrow cryptocurrencies and be able to pay with interest in a certain defined period by depositing collateral as collateral.

It is audited by Certik and OxGuard and has the smart contracts are in good condition.

Find Mistwap Dex exchange on telegram, twitter, discord and be on top of the news on the ecosystem.

A cool video by Dinopawnz explaining how to use smartbch services using MistSwap DEX


Cowswap

Cowswap.cash | Audited by: Techrate 

Cowswap is Formerly known as Muesli.cash and also like BenSwap is a fork from pancakeswap. It was launched in September of 2021 and has anonymous developers leading the project, they have the mission to decentralize the future as their motto.

The platform also conducted an audit to their smart contracts to ensure all is running smoothly and passed all the tests granting that is ready to operate without putting in danger customers funds. The Dex Exchange can be found on Telegram and twitter to stay updated about their news and services.

TangoSwap.Cash

Tango.cash | Audited by: 0xGuard
The platform is the first one being forked from Mistswap Dex Exchange and was created in November 23, 2021 by Fernando Peliccioni and Ian Blas, two well known figures on the Bitcoin Cash community. Fernando is also the creator of Knuth project and token running on smartBCH, when

Ian Blas is the leading person of the Bitcoin Cash Argentina and token, that unite forces to bring alive the TangoSwap.cash Dex. Their aim to build a total anonymous platform and add tools to differentiate them from the competition, they already brought the smartswap an SmartBCH aggregator that helps investors to fimd the best prices to swap their tokens.

Find TangoSwap.cash on Twitter, Telegram to be up to date.

1BCH

1bch.com | Audited by: InterFi
Another Pancakeswap fork launched in November of 2021 by anonymous devs but, it was dozed by well known platform in the SmartBCH, the people from BCHPad.

The platform aims become the main decentralized exchange in the side-chain with the highest trading volumes in the ecosystem. It's easy to use and also have an innovation feature that allows users to claim free tokens using sprinklers just paying fees to claim them direct into their wallet. Recently launched an NFT marketplace that is really promissor one.

Find them on:

Telegram, Twitter, read.cash

Tropical.Finance

Tropical.finance | Audited by: Techrate
Tropical was launched in December of 2021 and is running by anonymous leadership and aims to become the state of yield farming application on the decentralized chain of smartBCH with unique features offering a way to maximize huge their profits.

It's a apescash fork and like 1BCH launched recently a brand new NFT marketplace where users can sell, mint and apply for a whole new range of things in the platform. Doing that they could earn cash back for selling and buying NFTs as long they hold some daiquiri.

Find them on Telegram and twitter.

Emberswap

Emberswap.com | Audit: None
Emberswap is the only Dex Exchange in this group that doesn't conducted any audit to their protocol, it's a solarBeam fork and is the last one being launched on the SmartBCH space in February of 2022.

It's a platform created by Peter Eriksen the same from Incinerate token (FIRE) and aims to provide liquidity and allow peer-to-peer negotiations on smartBCH side-chain.

Emberswap could be found on Telegram and twitter.

Verse DEX

Verse DEX is a product from Bitcoin.com and one of the latest and biggest enters in the SmartBCH space. Verse comes to make even more popular the side-chain and has a lot of products that plans to offer to customers, is a platform that have a big variety of products and users can choose to trade using centralised assets or just use decentralized ones!

The native token, verse, is an asset that will be earned by users of the bitcoin.com wallet as reward for interacting with the product, the first sale for private investors have been conducted and now they are planning to sell to the community in a public sale, who, to be able to participate need to fill a form and wait to the whitelist period to come! Users from US and other parts won't be able to purchase tokens in the public sale well also some other countries in the world that are listed in the FAQ of the website. Verse DEX is expected to boost the SmartBCH ecosystem and it's already booming on the side-chain.

It's audited and soon the token will be available to everyone who want to hold or even trade the token! Find the project on the Website, Telegram.

Find me on noise.cash

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Comments

MistSwap and Benswap both are my favorite with a lot of my experience. Tropical finance dex after dumping their token and getting a lot of loss, I left it. Good piece of updates you made.

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1 year ago

Thanks for the feedback

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1 year ago