What is Anyswap? Anyswap (ANY) is a DeFi-focused Blockchain project that enables users to trade cryptocurrencies across chains. In this article, you can access answers to frequently asked questions such as What is Anyswap, what it offers, what is ANY coin, how to get it, what is it used for. As Kriptokoin.com , we have compiled it for you. Let’s examine the project together.
What is Anyswap?
Founded in 2020, Anyswap is a Blockchain project that aims to enable cross-currency trading across blockchains. The project works as a DeFi protocol that allows users to exchange their tokens between different platforms. The protocol supports 95% of cryptocurrencies, including major cryptocurrencies like XRP. The platform has a decentralized exchange (DEX). On this exchange, users can trade cryptocurrencies.
The smart contracts included in the protocol are used to enhance security and facilitate individual use. Supported through Fusion Network, the protocol uses “private key fragmentation” to protect the security of assets. These parts are never combined during trade and barter transactions made by users. Thus, it is possible for users to securely trade and transfer assets.
What is ANY coin? What is it used for?
ANY coin is a token that works as the native cryptocurrency of the Anyswap project. The token was created with an ERC-20 smart contract on the Ethereum Blockchain and has a capped maximum supply of 100 million units. One of the cryptocurrencies with the largest transaction volume, ANY stands out with various use cases within the network. ANY coin holders can participate in the management of the platform. This includes features such as voting on decisions and presenting proposals to the community.
In addition, the owners of the governance token have the right to decide which cryptocurrencies will be listed in the project’s DEX. Users of the protocol can earn rewards with tokens for the transactions they perform on the platform. ANY is a cryptocurrency that can be mined, rewarded or purchased. At the time of writing, ANY coin had a market cap of around $243.2 million and was the 244th largest cryptocurrency. In addition, 18.6 million ANYs were in circulation, accounting for 19% of the token’s maximum supply.
How to buy ANY coin?
Currently ANY coin; It is supported by crypto exchanges such as Binance, Crypto.com, Gate.io and Mandala Exchange. Investors interested in the Anyswap project can become a member of one of these exchanges and purchase the token by depositing a fiat currency such as dollars and lira into their wallets.
