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  • Introduction
    • ◻️What is Swapx?
    • ✨Get Started
      • Create a Wallet
      • Get Coins and Tokens
      • Using SwapX without Centralized Exchanges
    • πŸ—ΊοΈRoadmap
  • Tokenomics & Fees
    • πŸŽ“Tokenomics
    • πŸ“ΆHow to buy XWAP
    • πŸ“‰Platform Service Fees
  • Features
    • πŸͺ™Token Presales
      • How to create a Presale
      • How to participate in a Presale
      • How to withdraw the remaining tokens from your presale?
      • Verified Audit & KYC Badge
      • Presale Warnings
    • πŸ”„Exchange
      • βš–οΈHow To Add/Remove Liquidity
    • πŸ“ˆAccelerator Program
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  • Features being built
    • πŸ“ŠStaking
    • πŸ–ΌοΈNFT Minting (Launchpad)
    • πŸ›οΈNFT Marketplace
    • πŸƒMinting
      • How to Mint a token
      • How to Mint an NFT
    • πŸ”Locking
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  • Let's get started by creating a Liquidity Pool. What is a Liquidity Pool?
  • How to make a Liquidity Pool and begin trading your coin on SwapX.

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  1. Features
  2. Exchange

How To Add/Remove Liquidity

Do you have a cryptocurrency token and want to allow people to trade it? Here is a guide how to do that through SwapX.

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Last updated 3 years ago

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Let's get started by creating a Liquidity Pool. What is a Liquidity Pool?

All coin creators must provide the first initial liquidity. TLDR: A liquidity pool is a collection of 2 different token pairs. It is a pool of funds that allows people to swap a created token.

Cryptocurrency token owners have a pool of two tokens; your token and Binance Coin (BNB), which allows people to swap between these two tokens on SwapX. People who provide liquidity (liquidity providers) will get a percentage of the transactions that use the liquidity pool they help provide. This is another way to earn money in crypto currency.

The purpose of this lies in the way the pool of funds works, as it requires liquidity to allow users to make trades. If a user tries to buy a coin without any liquidity, they will receive an β€œinsufficient liquidity” error.

How to make a Liquidity Pool and begin trading your coin on SwapX.

  1. Go to

    Login through a web 3 browser such as Metamask,

    Binance Wallet, TrustWallet, or any of the accepted

    wallets

2. Add your Liquidity Pool Tokens

  1. Fund the liquidity of your coin in order to allow people to exchange it.

  2. Copy and paste the contract address to find it in the menu.

  3. Add your token and your BNB, or with BUSD or USDT.

  4. The ratio of your tokens to BNB supplied will determine the price of the token.

3. Done, your token is now swappable on

Note: Now you need to make sure you have your liquidity pool tokens.

This entitles you to ownership of the liquidity added to SwapX, as you get a certain percentage of the transactions that utilized the liquidity pool.

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