Crypto.com Follows Binance With Launch of Liquid Swap DeFi Product

[Galaxy]

Payment card provider Crypto.com has launched a liquidity swap platform, soon after the Binance exchange unveiled a similar offering.

Called DeFi Swap, it allows users to seamlessly exchange or "swap" tokens in hosted pools and offers yield farming incentives to liquidity providers: the same as Uniswap and, more recently, by the likes of SushiSwap and Binance.
Each swap incurs a 0.3% fee – also like Uniswap. Binance Liquid Swap, which only launched last week, charges fees depending on the token and liquidity in each pool.
Info link: https://www.coindesk.com/crypto-com-binance-liquid-swap-defi