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Submission: On August 13 via api from US — Scanned from DE
Submission: On August 13 via api from US — Scanned from DE
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SYNCSWAP: MAKING DEFI MORE EASY-TO-USE AND LOW COST
Whenever we think about trading on Defi exchanges, it seems a bit complex thing
to do. But what If I say that it has been easier to swap tokens, provide
liquidity pools, and earn money on Defi exchanges then? You might be surprised
right? Yeah, it is surprising and true as well! Today in this read we are going
to talk about SyncSwap which is a Defi exchange it is much easier to use and low
cost than any other existing Defi exchange in the market. This platform is
powered by Zero-knowledge technology and it has been the first choice for many
crypto traders.
SyncSwap attracts more users and provides an opportunity to earn crypto coins
without investment. There may be a SyncSwap Airdrop after the token launch, so
engaging with the protocol increases the chances of eligibility. There are a lot
of things that you should learn about SyncSwap and you can easily do so with the
help of the topics that we have discussed below.
WHAT IS SYNC SWAP?
SyncSwap, launched in 2022, is an efficient decentralized exchange built on
zkSync 2.0. It seamlessly integrates with Ethereum, providing cutting-edge
technology at a low cost without compromising on security. With zero-knowledge
tech, it ensures complete security from the Ethereum mainnet.
The platform offers an advanced user interface, up to 100x scaling, smooth
trades, low gas fees, and great capital efficiency. Sync Swap is a user-friendly
and affordable decentralized exchange (DEX) on zkSync Era. It utilizes
zero-knowledge technology to ensure Ethereum-level security, making DeFi
accessible to a larger audience.
HOW TO CONNECT A WALLET ON SYNCSWAP?
Like other Defi exchanges, this platform also allows you to connect your
Ethereum wallet or any other wallet. Here you can connect different crypto
wallets such as Ethereum Wallet, WalletConnect, BitKeep, Argent, WalletConnect
v2, and Ledger. So, if you are also looking to connect your crypto wallet on
Sync Swap then you can approach the steps that we have mentioned below:
1. On your Windows or Mac, launch a browser and then visit the
https://syncswap.xyz/ page
2. Now, you need to look for the "Connect Wallet" button and click on it to
proceed
3. A list of supported wallets will appear, choose one from Ethereum Wallet,
WalletConnect, BitKeep, Argent, and Ledger
4. Choose the wallet you want to connect, and then click the “I have private
keys” option
5. If you don't have a wallet yet, follow the instructions to create one and
set it up on SyncSwap
6. Once you have selected or created your wallet, choose a new password for
your account as well
7. Now, you need to approve the connection on your wallet interface when
prompted
8. Your wallet will now be connected, and you can access your funds and
interact with SyncSwap's decentralized exchange
Pro Tip: Remember to keep your wallet information secure and avoid sharing it
with anyone. Enjoy using Sync Swap with your newly connected wallet.
HOW TO SWAP TOKENS ON SYNC SWAP EXCHANGE?
Once you finish the wallet connection process on this platform, you can start
swapping tokens as well. Now, approach the steps that are mentioned below to
swap tokens on the SyncSwap exchange:
1. Using a browser, visit SyncSwap.com’s official website
(https://syncswap.xyz/) page
2. In case your wallet is not connected on this platform, do it by clicking on
the "Connect Wallet" button
3. Once connected, select the token you want to swap from the list of available
tokens
4. Enter the amount of the token you wish to swap on SyncSwap.com
5. Choose the token you want to receive in exchange from the available options
to proceed
6. Let the Sync Swap xyz calculate the estimated amount you will receive
7. Click on the "Swap" button to initiate the token swap procedure
8. Confirm the transaction details on your wallet when prompted on your screen
9. Now, wait for the transaction to be processed and confirmed on the blockchain
10. Finally, the swapped tokens will now be available in your wallet within
seconds
HOW TO PROVIDE LIQUIDITY ON SYNCSWAP.XYZ?
Anyone who wants to earn money on the SyncSwap platform needs to add liquidity
to this platform. The interesting part of providing liquidity on this platform
is that you are charged too low gas fees compared to other exchanges. To provide
liquidity on SyncSwap exchange without any mistakes, you can approach the steps
that are mentioned below:
1. First of all, visit the https://syncswap.xyz/ page using a browser
2. Make sure that your Sync Swap crypto wallet is connected or not
3. Now, navigate to the "Pool" tab that is on the SyncSwap.com surface
4. When prompted, choose the “Add Liquidity” option to begin the process
5. Now, you need to select the tokens you want to provide liquidity for from
the list of available options
6. When required, enter the desired amounts of each token you wish to contribute
here
7. The exchange will automatically calculate the proportional amount needed for
each token
8. Now, you need to review the details and confirm the transaction on your
wallet interface
9. When you are asked, wait for the transaction to be processed and confirmed on
the blockchain
10. Finally, you have successfully provided liquidity on Sync Swap decentralized
exchange
Pro Tip: Remember to consider the risks involved in providing liquidity and
ensure you have a balanced proportion of both tokens.
CONCLUSION
In short, there are many decentralized crypto exchanges that let traders provide
liquidity pools and earn a great percentage of profit. Now, the basic difference
between those crypto exchanges and SyncSwap Exchange is that it is easier to use
and low cost. This platform also gives you a great chance to achieve financial
freedom with its high-return reward program. In case you are a newbie in the
crypto trading world then you can go with this exchange without any worry. All
you need to do is, add some tokens to your Sync Swap crypto wallet and then
enjoy trading on this platform.
CONNECT
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ETHEREUM WALLET
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