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Which of the following is a decentralised exchange? Revolut Crypto Quiz Answers
by J Nandhini
Updated Feb 29, 2024
Which of the following is a decentralised exchange?
Uniswap
Uniswap is a decentralized exchange (DEX) built on the Ethereum blockchain. It allows users to swap various ERC-20 tokens directly from their wallets without the need for a centralized intermediary. Uniswap uses an automated market maker (AMM) model, which relies on liquidity pools instead of traditional order books to facilitate trades.
Users can also provide liquidity to these pools and earn fees in return. Overall, Uniswap is known for its user-friendly interface, wide range of supported tokens, and decentralized nature.
What Is The Revolut Crypto Quiz?
Revolut, a financial technology firm, has launched a new educational initiative called the Revolut Crypto Quiz. This initiative aims to attract more users to its platform. Users can earn free Polkadot tokens, valued up to $15, by participating in interactive quizzes.
To participate, users need to register with Revolut and play the quiz. The quiz focuses on the Polkadot ecosystem and is divided into nine short, informative lessons.
The first set of quizzes is already available for users to play. However, Revolut has not announced when the next set of quizzes will be released.
Which of the following is a decentralised exchange? - FAQ
Uniswap