Sign In
Sign Up
DeFinda Logo
Find & Compare DeFi Products
usd logo USD
Home Platforms QuickSwap
QuickSwap reviews
Review Score
66%
35 Reviews
Platform Age
3 Years
Decentralised
Open Source

Average rating of 66% based on 35 reviews.

Founded 3 years ago in 2020.

Decentralised exchange.

Open source code can be publicly reviewed.

Go to QuickSwap staking calculator

Average rating of 66% based on 35 reviews.

Founded 3 years ago in 2020.

Decentralised exchange.

Open source code can be publicly reviewed.

Go to QuickSwap staking calculator

Reviewed by Yunis
18 October 2022 (Updated 6 June 2023)

QuickSwap Crypto Platform

Pros

tick $76,686,831 USD currently invested (TVL)
tick Investments in 1 coin pair available
tick Operating on Polygon protocol

Cons

cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users

QuickSwap Reviews

QuickSwap is a decentralized exchange that is native to the Polygon network. QuickSwap is a relatively new player in the decentralized finance (DeFi) space, but it has been making waves with its fast and efficient trading experience. The platform is built on the Polygon network, which allows for fast and low-cost transactions, and it utilizes a decentralized architecture to ensure that users have full control over their funds.
 
One of the standout features of QuickSwap is its user interface, which is well-designed and easy to use. The platform's interface is intuitive and user-friendly, making it accessible to even those who are new to DeFi. Additionally, the platform offers a fast and efficient trading experience, with transactions being processed in a matter of seconds. The platform is integrated with several popular wallets, including MetaMask and WalletConnect, which allows users to maintain control over their private keys.
 
Another important aspect of QuickSwap is its focus on security. The platform uses smart contracts and a decentralized architecture to ensure that users' funds are secure and that the platform is transparent and tamper-proof. This gives users peace of mind and helps to build trust in the platform. Quickswap is a non-custodial exchange, which means users have control over their funds at all times, reducing the risk of a single point of failure. Quickswap also offers the option for users to enable two-factor authentication (2FA) to add an extra layer of security to their accounts.
 
QuickSwap also offers a range of earning options, including liquidity provision and staking. These options allow users to earn rewards for providing liquidity to the platform and for participating in the platform's governance. These rewards are paid out in the form of the platform's native token, which can be traded on various decentralized exchanges.
 
In terms of liquidity, QuickSwap has a growing list of supported tokens and the platform is attracting more users and traders, which is driving up liquidity. This is important for traders as it means that they can easily enter and exit positions and can be confident that their orders will be filled at fair prices.
 
In conclusion, QuickSwap is a promising platform for those looking to get involved in the DeFi space. With its fast and efficient trading, user-friendly interface, focus on security, and range of earning options, QuickSwap is definitely worth considering for those looking to buy, sell, and trade cryptocurrencies in a decentralized manner. The platform has undergone multiple smart contract audits by reputable firms to ensure the code is secure. But the protocol has been exploited with a flash loan attack and the attackers succeeded to drain $220k worth of cryptocurrencies.

How Much Can You Earn on QuickSwap?

QuickSwap Supported Currencies

QuickSwap supports over 5 currencies including Tether, USD Coin, Solana and Avalanche.

ALooking at reviews from across the web, QuickSwap has an average review score of 66% based on 35 reviews.

QuickSwap Key Data

Company
Year founded 2020
Decentralised tick Yes
Open source tick Yes
Non-custodial tick Yes
Products
Crypto to crypto exchange tick Yes
Crypto withdrawals to private wallet tick Yes

Useful Links

QuickSwap Contact Details

https://quickswap.exchange/#/

Platform Comparisons

Why Compare With Definda?

tick Completely Impartial

We always rank and compare products objectively and impartially.

tick Careful Research

We carefully research products for legitimacy before adding them to the platform.

tick We Never Sell Your Data

We never sell or disclose your data to anyone.

© DeFinda 2023
Share Page Using
Twitter
Email
Whatsapp
Facebook
Reddit
LinkedIn