What is Verse DEX?
Verse DEX is a decentralized exchange (DEX) which uses an automated market maker (AMM) to facilitate trades in a completely decentralized yet efficient manner. The AMM utilizes smart contracts to create markets for trading pairs of a wide variety of tokens. Liquidity providers supply VERSE DEX with capital, earning yield from the fees paid by people who trade. Verse DEX is derived from the battle tested Uniswap V2 contract, and has been audited by a third-party smart contract auditor. Verse DEX is available on Ethereum and SmartBCH blockchains, but is continuously expanding onto low-fee, high transaction speed blockchains.
Verse DEX aims to bring everyone permissionless and non-custodial trading access, with a special focus on people new to DeFi.
Who is the Founder of Verse DEX?
Verse DEX was created by Bitcoin.com, creator of the self-custodial Bitcoin.com Wallet. The Verse DEX, which will work seamlessly with the Bitcoin.com Wallet, acts as a gateway to DeFi for Bitcoin.com’s millions of users.
When Did Verse DEX Launch?
Verse DEX launched in April 2022.
Where is Verse DEX Located?
While Verse DEX was created by Bitcoin.com, Headquartered in Saint Kitts and Nevis, the exchange operates in a decentralized manner via smart contracts.
Verse DEX Restricted Countries
There is no information about possibly blocked or restricted countries on Verse DEX.
Verse DEX Supported Coins List
Since Verse DEX is a decentralized exchange, it supports any token people wish to provide liquidity for on the chains that Verse DEX supports. Currently, Verse DEX supports Ethereum ERC-20 and SmartBCH SEP-20 tokens. Supported coins will increase as Verse DEX expands to more blockchains.
How Much are Verse DEX Fees?
Verse DEX charges 0.3% per token swap. 0.05% goes to the protocol and 0.25% goes to liquidity providers.
Is It Possible to Use Leverage or Margin Trade on Verse DEX?
Verse DEX does not currently offer leverage or margin trading.
How does Verse affiliate program work? - step by step
| Steps | How it works |
|---|---|
| Joining an Affiliate Program | Similar to traditional affiliate marketing, you start by join a crypto affiliate program by contacting a business development manager or access affiliate program homepage. |
| Getting Your Unique Affiliate Link | Each program has its own requirements. Once you qualify, you will receive your unique affiliate link. It is with this link that you’ll promote the company’s products or services. |
| Promoting Products/Services | You then promote the products or services through various channels, including blogs, websites, email newsletters, or social media platforms. |
| Earning Commissions | When someone clicks on your affiliate link and completes a desired action (such as signing up), you earn a commission like a fixed fee per conversion or by percentage of transaction volume. |
| Tracking and Analytics | You can see metrics such as clicks, conversions, and commissions earned. This enhances your marketing campaigns and generates better results. |
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