The MojitoSwap crypto exchange is a decentralized exchange founded in 2021. It is the first DEX based on KuCoin Community Chain (KCC). The exchange allows users to trade, as well as participate in yield farming and liquidity pools. Besides that, MojitoSwap has released its own NFT marketplace.
Since MojitoSwap is a decentralized exchange, it does not require its users to go through the KYC process. Besides, it can be accessed through both – desktop and mobile devices.
Markets
There's no such thing as MojitoSwap spot trading in a traditional sense. Instead, it employs token swapping through an automated market maker (AMM). Overall, there are over 40 crypto-crypto MojitoSwap trading pairs. To see the current MojitoSwap trade volume, take a look above.
MJT (MojitoToken) is the native token of MojitoSwap. It is a governance token based on the KRC20 token standard. It can be earned through liquidity mining, lending, and other activities on the MojitoSwap crypto exchange. Check out the live MojitoSwap crypto price here.
In terms of MojitoSwap exchange fees, it has a flat fee of 0.3% per transaction. 0.18% of this MojitoSwap crypto fee is then dedicated for LP tokens, 0.08% is set aside in the MJT Treasury, and the remaining 0.08% is used for the buyback-and-burn mechanism.
Other Services
Apart from trading, the exchange offers a variety of other services. One of which is the Bar, which is a yield farming service that allows user to invest their LP tokens in desired bars to generate yield.
The exchange also features Wine Pools, which allows users to stake their tokens in liquidity pools to generate more tokens.
Also, there is Shaker, which is a trade mining mechanism.
Furthermore, MojitoSwap offers a Launchpad, which is a token sale platform that allows new projects to hold IDOs, while investors can find new projects to invest in.
Besides that, there is the MojitoGames platform, which allows users to play various crypto-based games.
Additionally, the MojitoSwap cryptocurrency exchange rewards users who bring new traders to the platform through its referral program. By distributing a referral link, a user may invite others to sign up for the site. The invitee receives 1% of MojitoSwap crypto fees on their first transaction, while the referrer receives 5%.
Lastly, the MojitoSwap cryptocurrency exchange launched its own NFT marketplace that allows users to buy, sell, and trade NFTs.
About the Company
Officially launched in 2021, there’s not much information about the identity of MojitoSwap’s founders or its headquarters. The team running MojitoSwap’s cryptocurrency exchange includes blockchain experts, senior research analysts, and early Bitcoin investors.
In February 2023, the daily MojitoSwap volume ranged around $600,000. To see the current volume, take a look above.
