It’s been a big week for QuickSwap. First, the decentralized exchange (DEX) announced that it had been acquired by major cryptocurrency exchange Coinbase.
Then, just a few days later, Coinbase announced that it was listing QuickSwap on its platform. So, is QuickSwap on Coinbase?.
The answer is yes – but there’s a bit more to the story. QuickSwap is not simply being listed on Coinbase.
Rather, Coinbase is acquiring QuickSwap in an all-stock deal worth $120 million. The acquisition is part of Coinbase’s larger push into the world of decentralized finance (DeFi).
With the acquisition of QuickSwap, Coinbase gains access to a leading DEX that’s built on the popular Ethereum blockchain. QuickSwap allows users to trade a wide range of digital assets in a fast, secure, and decentralized manner.
The DEX also features low fees and provides liquidity to a number of popular DeFi protocols.
In addition to listing QuickSwap on its platform, Coinbase will also be integrating QuickSwap into its own infrastructure. This will allow Coinbase users to trade directly from their wallets without having to first convert their cryptocurrencies into another asset.
The integration is expected to roll out in the coming months.
So, there you have it – QuickSwap is on Coinbase. But this is just the beginning for the DEX.
With an integrated solution from one of the world’s leading cryptocurrency exchanges, QuickSwap is poised for even more growth in the months and years ahead.