How to provide liquidity on a DEX

Decentralized exchanges (DEXs) enable the permissionless exchange of any cryptoasset. Trading on DEXs is made possible by people adding liquidity to trading pairs. Unlike on centralized exchanges, anyone can add a cryptoasset trading pair to a DEX or strengthen an existing trading pair by providing liquidity. Without sufficient liquidity it is not possible to have a smoothly functioning exchange, so DEXs incentivize people to add liquidity by giving a portion of the DEX fees to liquidity providers.

This article covers information on the importance of liquidity and how to provide it with links to step-by-step instructions for Bitcoin.com’s Verse DEX using the Bitcoin.com Wallet app.
How to provide liquidity on a DEX
Anyone can earn yield by depositing select cryptoassets into liquidity pools on Bitcoin.com’s multichain Verse DEX. Check the rewards, measured in APY, available right now on Verse DEX pools here. Use Verse DEX to safely and securely swap crypto with low fees, including cross-chain trading between BTC, BCH, ETH and more.

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