The Convergence crypto exchange is an AMM-based decentralized exchange. There’s no KYC verification process on the platform. The most recent Convergence trade volume is visible above.
Trading on Convergence is employed through swapping. Thus, there’s no Convergence spot market. A 0.3% Convergence exchange fee is imposed on all transactions, of which 0.05% is charged for the protocol. There’s a variety of crypto-crypto Convergence trading pairs that can be swapped.
CONV is the native token of the Convergence cryptocurrency exchange. In addition to swapping, it allows the staking of both CONV and LP tokens, which provides stakers with rewards.
More than 20 people work on the core team for Convergence, based in Hong Kong. Oscar Yeung and Ivan Yeung, who started the project together, are in charge.