Sphynx: All-in-One Decentralized Exchange on Binance Smart Chain (BSC) - Aliens: AI Crypto News & Markets Updates

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Sphynx: All-in-One Decentralized Exchange on Binance Smart Chain (BSC)

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CryptoPotato

Tue, Dec 07, 2021

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But Sphynx is looking to change that by providing an all-in-one platform for DeFi traders and investors.

Sphynx is an all-in-one decentralized exchange built on the Binance Smart Chain (BSC) for staking, trading, holding, and farming tokens, and more.

Sphynx offers a single platform that has everything a trader or investor might need to successfully navigate the DeFi market, including a consolidated wallet that gives users a view of their digital assets, dynamic charts, farms, staking portals, and more.

For instance, when users search for a particular token on the platform, the swap is automatically configured so that it is set for traders to buy.

The Sphynx platform offers users several utilities that are all geared toward making their trading and investing experience seamless.

Some of them include: Papyrus Charting The Sphynx Papyrus charts allow users to chart, research and place orders for any token on BSC.

Consolidated Sphynx Wallet The platform provides users with a consolidated Sphynx Wallet that enables them to store their assets, trade directly from within Sphynx at any time, and reduce transaction costs when tokens are transferred between the different platforms it offers.

Pyramid Farming The Sphynx Pyramid farming is for users to earn SPHYNX tokens by creating liquidity for their desired pair and subsequently providing liquidity to the Pyramid.

Sphynx also allows investors to earn passively by staking their tokens on the platform.

It has a yield farming feature where users can stake liquidity provider (LP) tokens and earn SPHYNX.

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