What Does a Liquidity Provider Do in Crypto?
------------------------------------

The crypto economy relies on speed, efficiency, and accessibility. Behind every smooth token exchange or stable trading experience lies an unsung hero: the liquidity provider. These heroes enable buyers and sellers to trade with each other without undue delay or unreasonable price impact - a role that is vital to the success of both decentralized and centralized exchanges.

But what is a crypto liquidity provider, and how do they make this dynamic and volatile market possible? In this piece, we explore what liquidity is in crypto, how liquidity providers work, what risks they face, and why they are essential to the entire ecosystem. If you are a trader, investor, or just someone thinking of liquidity providing as a passive income source, gaining an understanding of this role is key to grasping today's digital asset ecosystem.

Liquidity in the case of cryptocurrency markets is the ability to purchase or sell a digital asset quickly, at consistent prices, and with minimal slippage. Crypto liquidity is more than convenience of trade - it's a natural facet of market function.

A liquid market exists where there are enough active order book participants and large amounts of orders on both sides of the book. This ensures rapid trades can be settled and at anticipated prices. [Bitcoin (BTC)](https://exolix.com/currencies/btc) to [Ethereum (ETH)](https://exolix.com/currencies/eth), for example, are very liquid because they are tradeable on multiple different exchanges without significant price disturbance.

In contrast, low liquidity markets are haunted by huge bid-ask spreads, slow trade execution, and vicious price oscillations when decent-sized trades are made. Traders and investors, especially those making advanced strategies like arbitrage or market-making, will find it unhelpful.

Liquidity is also at the heart of price discovery, market stability, and investor confidence. Well-liquid platforms enjoy tighter spreads, lower volatility, and higher volumes of trading - attractive to retail consumers as well as institutions. This makes liquidity a focal point in assessing the maturity and wellness of any exchange or cryptocurrency.

What Are Crypto Liquidity Providers?
------------------------------------

A crypto liquidity provider is a person, entity, or a smart contract that offers assets to be exchanged on a crypto exchange. They increase the tokens' liquidity by posting limit orders to order books (on centralized exchanges) or adding tokens to liquidity pools (on decentralized platforms).

So, what is a liquidity provider? Liquidity providers - alternatively referred to as LPs - enable other people to sell or buy without causing large price movements. They do this by offering an ample amount of assets on both sides of each trade.

On centralized exchanges (CEXs), LPs will operate through expert market-making strategies, placing huge volumes of buy and sell orders around the current price. On decentralized exchanges (DEXs), LPs contribute pairs of tokens to automated market maker (AMM) pools and earn fees based on trade volume proportionate to their contribution.

By guaranteeing constant token availability and minimizing spreads, crypto liquidity providers offer price stability, enable efficient trading, and allow DeFi protocols to function without using traditional intermediaries.

How Do Liquidity Providers Operate?
-----------------------------------

Technology used in liquidity providing can vary slightly depending on whether it's on a centralised or a decentralised exchange. The general concepts, however, are the same:

-   Select a Trading Pair:  Liquidity providers determine what pair of cryptocurrencies they will be offering (e.g., [BTC/ETH](https://exolix.com/pairs/btc-to-eth){:target="_blank" rel="dofollow"} or USDC/SOL) 

-   Deposit Tokens: LPs deposit the tokens for a trading pair and place limit orders on centralized exchanges. LPs deposit the pair into a smart contract's pool on DeFi protocols.

-   Enable Trades: Other traders buy or sell, not directly from each other, but from the LP's assets - matching book orders or swapping through a pool of liquidity.

-   Earn Fees: LPs receive trading fees every time their liquidity is used, typically as a marginal percentage of the trade's volume.

-   Rebalance Positions: Active LPs monitor market conditions and rebalance their positions, spreads, or pool shares to stay profitable and minimize risk.

On DEXs, LPs are usually rewarded with LP tokens in return that represent their share in the pool and which they can redeem for the original assets and earned fees later. 

Benefits of Being a Liquidity Provider
--------------------------------------

Being a liquidity provider in cryptocurrency can offer various robust advantages, especially in decentralized finance systems:

-   Regular Stream of Income: LPs earn a portion of each trade that taps into their liquidity. Such fees can deliver steady returns, particularly in high-volume pools.

-   Access to Yield Farming: DeFi protocols most often offer extra token incentives beyond trading fees, allowing LPs to reinvest their earnings.

-   Portfolio Utility: Instead of having the assets sit idle, liquidity providers are making their holdings work for them - earning passive income from idle tokens.

-   Improved Trading Conditions: Stiffer spreads and deeper markets all directly lead to enhanced prices for all users - a refined overall system.

-   Enabling Emerging Projects: Initial liquidity providers enable emerging tokens to build momentum by making it possible for users to trade from the get-go.

-   Flexibility and Control: Traditional finance is different as crypto LPs can enter and exit pools as needed, scale exposure, and choose strategies aligned with their risk tolerance.

Ultimately, liquidity provision in crypto merges capital efficiency and decentralized innovation - empowering users with an active role in defining the infrastructure of digital finance.

Risks Associated with Providing Liquidity
-----------------------------------------

In spite of its rewards, crypto liquidity providing comes with serious risk factors that need to be taken into account:

-   Impermanent Loss (IL): This occurs when the tokens' prices in a pool splays apart, diminishing the value of the LP relative to simply holding the assets. IL is especially detrimental in volatile markets or in a price rally.

-   Market Volatility: Crypto prices tend to spike rapidly, affecting the performance of both centralized limit orders and DEX-based pools. Unchecked volatility can lead to slippage, missed trade, or sudden loss.

-   Smart Contract Risk: Money is often locked in smart contracts in DeFi. A bug or vulnerability can expose users to hacks, draining liquidity pools or compromising reward systems.

-   Centralized Exchange Risks: On CEXs, LPs must rely on the custody infrastructure of the exchange. Collapse of the exchange, mismanagement, or regulatory action can cause frozen funds or delayed withdrawals.

-   Low utilization pools: Supply of liquidity to low-popularity or low-volume trading pairs tends to be linked with minimal or no revenue while being exposed to risk of volatility and opportunity cost.

-   Regulatory uncertainty: The dynamic nature of the global landscape in crypto regulation may change the treatment of liquidity provision, especially if new regulations limit participation or demand KYC for LPs.

Being familiar and in control of these risks is the key for anyone stepping into the profession of a liquidity provider crypto  exchange or DeFi pool.

What Are Liquidity Pools?
-------------------------

Liquidity pools are the core of DeFi. They are smart contract-based reserves that facilitate decentralized trading without relying on centralized order books. A liquidity pool typically consists of two tokens with equal values, such as [ETH](https://exolix.com/currencies/eth){:target="_blank" rel="dofollow"} to [USDC](https://exolix.com/currencies/usdc){:target="_blank" rel="dofollow"}, and uses mathematical calculations to determine price and supply.

When someone performs a trade, they trade against the pool and not against a real trader. The pool adjusts the token balance and price by a constant product formula or some other pricing rule.

These pools are backed by liquidity providers crypto who receive LP tokens for their share and are compensated with a part of trading fees. Most DeFi protocols layer token rewards, staking mechanisms, or governance tokens on top, positioning LPs as stakeholders in the ecosystem.

Liquidity pools power AMMs like Uniswap, Curve, and PancakeSwap, enabling permissionless trading, cross-chain swaps, and decentralized innovation without centralized gatekeepers.

How to Choose the Best Crypto Liquidity Provider
------------------------------------------------

If you don't want to be an LP but instead want to trade on platforms with good liquidity, choosing the best crypto liquidity providers is important. Here's what to look for:

-   Reputation and Security: Use exchanges with a sound history of uptime, user protection, and transparency.

-   Depth of Liquidity: High-liquidity platforms offering many pairs reduce slippage and facilitate large trades.

-   Supported Assets: Choose providers that offer liquidity for the tokens you want to trade or invest in.

-   Fee Structure: Consider the cost of trading and any other benefits, like rebates or staking rewards.

-   Integration with DeFi: Some providers mix centralized liquidity with decentralized instruments so that users are given the choice of how they want to engage with the market.

If you are considering becoming a liquidity provider cryptocurrency yourself, think about such factors as APY (annual percentage yield), token volatility, stability of the platform, and community governance prior to depositing assets.

The Foundation of Crypto Market Efficiency
------------------------------------------

Liquidity providers are the backbone of the sound functioning of both decentralized and centralized crypto markets. By making digital assets like [BTC](https://exolix.com/currencies/btc), [ETH](https://exolix.com/currencies/eth){:target="_blank" rel="dofollow"} or [XMR](https://exolix.com/currencies/xmr){:target="_blank" rel="dofollow"}  available for sale, they reduce volatility, reduce spreads, and enhance the efficiency of the market in general.

Though crypto liquidity provides considerable incentives for generating passive income, attention to the underlying risks - from impermanent loss to exchange security concerns - is always necessary. As the future of the digital asset space continues to shape up, the role of crypto liquidity providers will always remain at the heart of its accessibility as well as stability. Being aware of what liquidity is in crypto and how LPs operate puts  you in control - if you're an investor, trader, or you supply liquidity yourself.

What Does a Liquidity Provider Do in Crypto?

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What is a liquidity provider in crypto? How to Choose the Best Crypto Liquidity Provider?  Benefits & Risks of Being a Liquidity Provider

Crypto liquidity providers earn a profit by taking a small spread between the buy and sell prices.

Cryptocurrencies have conquered the financial world in recent years, with Bitcoin leading as the most recognized and valuable digital currency. Nevertheless, as the crypto landscape keeps on evolving, it becomes increasingly important to consider the safety features of various cryptocurrencies. Monero, a privacy-focused cryptocurrency, has become a powerful contender when it comes to safety. This article includes an explanation of why Monero is usually regarded as a more secure cryptocurrency than Bitcoin.

What is Monero?
---------------

Monero represents a privacy-focused cryptocurrency that gives priority to anonymity and safety. It utilizes advanced cryptographic techniques to hide transaction details, making it nearly impossible to trace users or amounts involved. Monero’s major objective is to propose financial privacy in an era of increasing digital surveillance and transparency in the blockchain space.

### Privacy Features of Monero

Monero, a confidentiality-oriented cryptocurrency, proposes reliable privacy features. For instance, it utilizes ring signatures to conceal transaction origins, confidential transactions to obscure transaction amounts, and stealth addresses to defend recipient identities. This ensures utmost privacy and anonymity for Monero users, making it a preferred choice for privacy-conscious individuals in the crypto world. Now, let’s sort out in detail why Monero is considered a more secure cryptocurrency in comparison to Bitcoin.

Privacy by Design
-----------------

One of the most significant safety advantages of Monero over Bitcoin is its confidentiality-focused design. Although Bitcoin transactions are recorded on a public ledger, known as the blockchain, Monero transactions are private and confidential by default. This is achieved at the expense of the utilization of advanced cryptographic techniques like ring signatures, confidential transactions, and stealth addresses. Ring signatures mix a user’s transaction with a few others, making it almost impossible to keep track of the exact source of a transaction. Confidential transactions conceal the transaction amount, and stealth addresses hide the recipient’s address. As a result, Monero transactions ensure a level of privacy and anonymity that Bitcoin cannot match. This makes it really challenging for third parties to track, analyze, or link Monero transactions, raising safety for users concerned about their financial confidentiality.

Fungibility
-----------

Fungibility means the interchangeability of one unit of a currency with another. In traditional financial systems, currencies such as the US dollar are fungible because each unit is identical and can be utilized interchangeably. But Bitcoin’s transparent ledger may result in problems of non-fungibility since some bitcoins may be associated with illegal activities or have tainted histories. Monero’s privacy features guarantee that every coin is indistinguishable from another, making it highly fungible. This means that one Monero coin is always equal in value to another, regardless of its transaction history. The fungibility of Monero is an important facet of its safety because it prevents coins from being blacklisted or rejected by exchanges or merchants, thus defending the financial freedom and privacy of its users.

Resistance to Blockchain Analysis
---------------------------------

Bitcoin’s transparency enables blockchain analysis, which has been utilized by authorities and analytics companies to track and trace transactions. Although this may be beneficial in some cases, it likewise poses a safety risk by compromising the privacy of users. Monero, thanks to its privacy-focused design, resists blockchain analysis effectively. The utilization of ring signatures and confidential transactions in Monero guarantees that transactions cannot be simply analyzed, and the origin and destination of funds remain concealed. This extra layer of safety makes it extremely complicated for anyone to monitor or surveil Monero transactions, defending users from potential privacy breaches.

Decentralization and ASIC Resistance
------------------------------------

Decentralization is an important principle of blockchain technology since it decreases the risk of a single point of failure or control. Monero has taken steps to support decentralization by implementing ASIC resistance. ASICs (Application-Specific Integrated Circuits) represent specialized mining hardware that can dominate a cryptocurrency’s network, potentially centralizing control. Monero’s commitment to ASIC resistance guarantees that mining remains accessible to a wider range of users, preventing large mining conglomerates from monopolizing the network. This raises the safety of the Monero network by distributing control and decreasing the risk of a 51% attack, where a single entity obtains control of the majority of the network’s mining power.

Active Development and Community Support
----------------------------------------

Safety in the cryptocurrency space is a constant battle. As new vulnerabilities and threats appear, it is of decisive importance to have a responsive development team and a supportive community to eliminate them promptly. Monero benefits from an active and involved community of developers and users who strive to improve the cryptocurrency’s safety and privacy features. The development team behind Monero constantly updates the protocol to eliminate potential vulnerabilities and raise privacy. This proactive approach to safety is crucial in a rapidly developing digital landscape.

Conclusion: Is Monero More Secure than Bitcoin?
-----------------------------------------------

Although Bitcoin remains the most well-known and broadly adopted cryptocurrency, it is important to recognize that it is not the most secure option for users who give priority to confidentiality and anonymity. Monero, with its privacy-focused design, fungibility, resistance to blockchain analysis, dedication to decentralization, and active development community, stands out as a safer alternative. Safety in the cryptocurrency world is multifaceted, including privacy, fungibility, and resistance to surveillance. Monero excels in all these facets, making it an engaging choice for users who value their financial confidentiality and safety. Since the cryptocurrency space keeps on developing, it is of paramount importance to consider not only the market value but also the safety features of various digital currencies, and Monero’s commitment to privacy makes it a standout choice in this regard.

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This article includes an explanation of why Monero is usually regarded as a more secure cryptocurrency than Bitcoin.

Why is Monero More Secure than Bitcoin?

This article includes an explanation of why Monero is usually regarded as a more secure cryptocurrency than Bitcoin.


On September 27th, [Exolix](https://exolix.com/), a secure and privacy-focused crypto exchange service, and [Dash](https://www.dash.org/), an open-source blockchain and cryptocurrency focused on offering a fast, low-cost global payment network, held a joint [AMA session on Twitter](https://twitter.com/Dashpay/status/1707093561315852288),  giving users the opportunity to learn more about our projects.

In this recap we have collected the most interesting questions from the participants and our answers to them. So, keep reading, if you missed our event. 

## Questions from Twitter users for Dash Team

**Question 1. I read that one of the ways in which users would be able to stake the DASH token is by becoming a masternode owner, so how can we become masternode owners and what are its requirements? What are the benefits of actually staking the DASH token?**

**Answer:** Becoming a Dash Masternode owner involves several steps:
- Acquire the Required 1000 DASH 
- Set Up the Masternode Server
- Install Dash Core Wallet
- Configure the Wallet
- Fund Your Masternode
- Start the Masternode
- Monitor and MaintainParticipate in Governance

**Question 2: Which national Laws are Dash pay regulated by? Does Dash pay have any licenses? If yes, how can we access this license? Lastly, how do you make sure you comply with all regulations of different countries under your jurisdiction?**

**Answer:** Dash, like other cryptocurrencies, operates within the legal and regulatory frameworks of the countries in which it is used. The specific regulations that apply to Dash may vary from one jurisdiction to another.

**Question 3: Which country jurisdiction does Dash pay support for its crypto purchases? Would users from Africa be granted the right to make crypto purchases using your platform? Lastly, how much tax is charged per transaction while using your platform to make crypto purchases?**

**Answer:** Dash provides extremely fast transactions with the lowest fee possible. Any service can accept Dash and become a Dash merchant. All you need to do is to download the Dash wallet here: [https://www.dash.org/new-merchant-kit/](https://www.dash.org/new-merchant-kit/) 

**Question 4: What are the competitive advantage of the Dash pay platform over other similar platforms which offers the same services? What are your plans for a wider audience and global acceptance?**

**Answer:** To name a few, these are: Speed and Low Fees, Privacy Features, Decentralized Governance, Funding for Development, Global Acceptance, User-Friendly Wallets, Community Engagement, Evolutionary Roadmap.

**Question 5: Maintaining user anonymity is a key feature. How do you strike a balance between anonymity and compliance with regulations, especially in regions where cryptocurrency regulations are evolving?**

**Answer:** Dash is not a privacy coin. It's more like Bitcoin, with the privacy option which is only up to a person using it.

**Question 6: A strong community not only brings interesting ideas to the project but also attracts larger partners. So how is initiative  planning to build its community? And is there a plan to recruit people with Blockchain experience to the initiative team?**

**Answer:** We're always open to newcomers, new ideas and initiatives! Go and join our [Discord channel](https://discord.com/invite/Qz9MttqS)


## Questions from Twitter users for Exolix Team

**Question 1: How does "Affiliate Program" of Exolix work now? Is it ongoing with better benefits than previous program periods?**

**Answer:**  We are constantly working to enhance our affiliate program. For now, we provide three options for our partners: 
- API - Integration of exchange flow 
- Referral links 
- Exchange widget 

You can find more details here: [https://exolix.com/affiliate-program](https://exolix.com/affiliate-program)


**Question 2: Would you explain how the execution time of floating/fixed exchange rate on the Exolix exchange, does internet connection affected them?**

**Answer:** The transaction processing time for fixed and floating rates on Exolix depends on the volume of pending requests. Our fixed rates are locked in for 25 minutes, ensuring that you receive the agreed-upon amount if the transaction is completed within this timeframe. This helps minimize the impact of potential internet issues and ensures a smooth and secure exchange process.

**Question 3: How far Exolix have implemented AI solutions into its processes?**

**Answer:** We are constantly working on expanding the capabilities of our service and introducing innovations for the convenience of our users, so the implementation of AI solutions is certainly something we are actively exploring. Stay tuned for updates as we continue to enhance our platform! 

**Question 4: Will it be possible to utilize your platform services by using it to make payments for goods/services in Africa especially in Nigeria? What are the transaction speed involved while making payments using your platform.**

**Answer:** At the moment, our platform only provides cryptocurrency-to-cryptocurrency exchange services. Transaction processing takes from 4 to 15 minutes, depending on the volume of pending requests.

**Question 5: Are there any upcoming features or developments that users can look forward to on the Exolix platform, such as new services or improvements to existing ones?**

**Answer:** Yes, of course, we are constantly developing and working to improve our platform. We are now actively working to expand the number of cryptocurrencies available for exchange on Exolix, to add a fiat function to our service, to develop high-quality and convenient mobile applications and many other functions that can help our users make their cryptocurrency exchange experience even more convenient.

**Question 6: Could you provide a detailed overview of the security measures in place to safeguard users' funds and personal information, particularly given the emphasis on anonymity?**

**Answer:** Exolix is a fully secure and anonymous exchange service created by experts in the blockchain industry. Our customers trust us because Exolix:
*   uses strong security protocols;
*   uses an SSL certificate to transmit any information;
*   is protected from DDoS attacks;
*   successfully works since 2018;
*   has more than 1000 customers every day;
*   partners with other successful blockchain projects;
*   does not have a deposit storage.

**Question 7: Since starting the project, did you achieve everything you planned or did you have to make drastic changes to your main idea at the start and what makes your project better than your competitors?**

**Answer:** We set ambitious global plans and steadily work towards achieving them. We continuously update and enhance our development strategy. Exolix boasts several key features that set it apart from other exchange platforms, including:


*   500+ cryptocurrencies available for exchange (including BTC, ETH, XMR, USDT, BNB, XRP, XTZ, and other popular and trending coins). 
*   Instant exchanges: transactions take 4 to 15 minutes. 
*   Cross-chain swaps: users can exchange cryptocurrency from one blockchain for the same one on another blockchain with just a few clicks. 
*   Fixed and floating rates: with the fixed rate option, users are protected from market fluctuations, as the rate is fixed for 25 minutes; with the floating rate option, users get the actual rate at the time of the transaction. 
*   Anonymity: users do not need to register, go through the KYC procedure, or provide personal information to complete an exchange. 
*   Transparency: users can track every stage and status of their transaction. 
*   No maximum exchange limit: users can exchange any amount. 
*   The platform operates worldwide. 
*   Qualified 24/7 customer support service



**Question 8: Is your platform suitable for crypto beginners? Or does it only limited for professional users?**

**Answer:** Our service was created by a group of blockchain industry experts. They aimed to provide the most user-friendly and convenient cryptocurrency exchange platform that can be used by both experienced users and newbies.

**Question 9: Does Exolix have a token? How can i utilize it in your ecosystem?**

**Answer:** No, Exolix does not have its own token.

**Question 10: How does Exolix ensure compliance with relevant cryptocurrency regulations and anti-money laundering (AML) measures, considering the international nature of cryptocurrency?**

**Answer:** Exolix ensures compliance with relevant cryptocurrency regulations and anti-money laundering (AML) measures, considering the international nature of cryptocurrency. You can find detailed information about our AML/KYC policy here: [https://exolix.com/aml-kyc](https://exolix.com/aml-kyc)

**Question 11: Where we can see the implementation of Exolix exchange mission, which is to make an exchange process fast, easy and secure?**


**Answer:** We try to carry out our mission with dignity, as our service provides fast and secure exchanges between various cryptocurrencies, and we are constantly working to improve our interface to simplify the exchange process and make it as convenient as possible for all our users.

**Question 12: As we all know without proper marketing and capital infusion, project dies, how do you convince us you have adequate marketing power and capital to push this project to the top project?**

**Answer:** Exolix has substantial in-house reserves and has been offering exchange services without any limits since its inception. For over 5 years, we have been processing significant volumes.

**Question 13: How do you plan to spread awareness about your project in different countries where English is not good?**

**Answer:** We aim to raise awareness about our project in countries where English may not be well-understood by offering our website in 16 languages, ensuring accessibility for a global audience. 

**Question 14: What security measures are in place to protect users assets. Coinex was hacked recently and fears are in user’s minds. How safe are users funds with you?**

**Answer:** At Exolix, the security of our users is a top priority. We employ stringent security measures, including strong encryption protocols and protection against DDoS attacks, to safeguard users' assets. Additionally, Exolix is a non-custodial exchange and we do not store our users’ funds, reducing the risk of misappropriation.

**Question 15: Partnership in crypto sphere is key to the solidity of every project. Which companies are you currently partnering with and why them? Which countries are your targeted regions to wider your communities?**

**Answer:** We operate globally, with a primary focus on collaborating with European countries. We partner with many reputable crypto projects, such as Monero, Edge, Exodus and etc. You can find the full list on the main page of our [website](http://exolix.com).

**Question 16: Can you briefly describe your partnership with Dash so far and upcoming partnerships?**

**Answer:** We are considering different options for cooperation and providing a quick and easy exchange process for the Dash community, we are now at the stage of discussing further steps and will soon be able to notify the community about this. Stay tuned!

**Question 17: What kind of earn products does Exolix have that we users can benefit from. Does Exolix have services like launchpads , launchpool , staking And different earning products? What is your flagship product as most exchanges boast of been the 1st copy trading and the rest?**

**Answer:** At Exolix, our primary focus is on being a reliable and efficient cryptocurrency exchange platform. While we don't offer services like launchpads, launchpools, or staking, we do provide an affiliate program that allows users to earn by referring others to our platform. You can find more information about our affiliate program and start earning by visiting this [link](http://exolix.com/affiliate-program)


**Question 18: What is the minimum KYC requirement to participate in your activities?**

**Answer:** We do not require to go through KYC process, thus anyone can make an exchange without providing any personal data.

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Recap of AMA Session: Exolix and Dash 

## Exolix: Third Quarter in Review
===============================

Welcome to the third-quarter review of Exolix, where we delve into the fascinating developments and achievements that have happened over the past three months. In this comprehensive overview, we will consider the latest advancements in the world of Exolix, a dynamic platform at the vanguard of innovation in the blockchain and cryptocurrency space. From technological enhancements to partnerships and important events within the community, join us on a journey through the third quarter’s highlights, showing Exolix’s aspiration to promote seamless and safe cryptocurrency exchanges while staying at the cutting edge of this constantly developing industry.

New Listings
------------

In the third quarter, Exolix kept on its impressive streak by introducing a multiplicity of exciting new listings. These additions have further enriched the platform’s offerings, granting users a diverse array of assets to explore and trade. From innovative cryptocurrencies to promising tokens, Exolix has consistently expanded its portfolio to satisfy the growing needs of its user base. This quarterly review highlights Exolix’s commitment to staying the leading platform of the blockchain and cryptocurrency landscape, ensuring that traders and investors have access to the latest and most promising digital assets. New listings that have been published are Dash (DASH), Linear Finance (LINA), Acala Token (ACA), Amp (AMP), Siacoin (SC), JasmyCoin (JASMY), Worldcoin (WLD), Pitbull (PIT), Biconomy (BICO), REI Network (REI) and others.

New Partnerships
----------------

Exolix is pleased to present information about a series of exciting new partnerships that have further strengthened its position as a leading player in the cryptocurrency exchange industry. These strategic alliances have expanded Exolix’s field of activity, improved user experience, and diversified its offerings. With a striving for innovation and client satisfaction, Exolix keeps on developing, granting traders and investors a user-friendly platform to access a broad range of digital assets. Follow more updates since Exolix continues to bring positive change in the crypto space through strategic collaborations. 

Exolix announces new partnerships, with [Solar](https://solar.org/) leading the way. Solar is a decentralised blockchain using a Delegated Proof of Stake consensus model which is secured by 53 elected block producers. These block producers are responsible for maintaining the blockchain by creating and witnessing blocks, validating transactions and voting on governance issues. The Solar blockchain is incredibly fast with transactions typically taking 8 seconds to process. Also, It is extremely secure, sustainable, and energy efficient. As a Layer 1 blockchain, Solar manages to solve the inherent blockchain problems of speed, scalability and decentralisation. 

Moreover, the Exolix platform declares exciting partnerships with Verse - the reward and utility token for the [Bitcoin.com](https://www.bitcoin.com/) ecosystem, that aims at solving crypto's biggest challenge: onboarding new users to self-custodial and decentralized tools. This collaboration promises to expand user access to versatile cryptocurrency exchange services and alleviate seamless transactions with Verse token. Stay tuned for the innovative developments emerging from this dynamic partnership. 

Also, the Exolix platform is thrilled to announce its prospective new partnership with Onez. [Onez.io](https://onez.io/) is an international fintech and software development company, offering a white-label crypto wallet that supports all major coins and tokens. Their wallet offers features like instant swap & buy, staking, and NFT support. This cooperation has a chance to improve the user experience and expand cryptocurrency trading options for both platforms. Together, Exolix and Onez strive to grant seamless, safe, and innovative solutions to the digital asset community. 

Finally, the Exolix platform is ready to announce its exciting new partnership with [Cryptocloud](https://cryptocloud.plus/en), a trustworthy crypto payment gateway. CryptoCloud, at its core, is designed to simplify the process of accepting cryptocurrency payments. Doing so offers businesses the opportunity to broaden their customer base and tap into a global market without geographical limitations. The partnership between CryptoCloud and Exolix is a significant step towards the global simplification of cryptocurrency usage. Integrating the Exolix API into the CryptoCloud Exchange service provides users with a new, comprehensive and secure way to manage their digital assets.

Service Updates
---------------

The Exolix platform may boast the latest service updates, improving user experience and functionality. These updates include implementing Ukrainian and Italian languages, adding more than 500 new coins, realizing a new interface, decreasing minimum exchange amount, the emergence of Telegram chat for communicating with clients in addition to Discord, and others. Exolix keeps on introducing innovations, granting seamless cryptocurrency exchange services for its growing user base.

Exolix Giveaways and Special Offers
-----------------------------------

In the third quarter, Exolix kept on to delight its users with exciting giveaways and exclusive special offers. The team’s dedication to client satisfaction manifested itself when they showered the community with generous rewards and unique deals. Users eagerly took part in these events, enjoying a wealth of benefits that improved their trading experience. Some of the most popular special offers were as follows:

*   Support a pair and get a chance to win $100 in FIRO.
*   Guess what the price of $ETH will be on CoinMarketCap and win 30$!
*   Swap VERSE for 484+ cryptos and vice versa at a floating rate with a lower fee.
*   Giveaway of 20,000,000 PEPE.
*   Giveaway of 100 “Secret Coins”.

Exolix’s commitment to creating an active and engaged user base remains obvious, making it a standout platform in the world of cryptocurrency exchanges. As the platform is getting closer to the next quarter, it is expected to propose even more remarkable offers and opportunities.

Prospects for Fourth Quarter
----------------------------

Undoubtedly, an exciting fourth quarter is waiting for the Exolix platform since it keeps on gaining momentum in the cryptocurrency ecosystem. With its user-friendly interface and reliable safety measures, Exolix is well-positioned to grab the attention of more traders and investors. Moreover, the platform’s aspiration to propose a broad range of supported cryptocurrencies ensures its relevance in a constantly developing market. Since the crypto industry anticipates potential regulatory changes, Exolix’s compliance-focused approach makes it stand out from others. This, combined with its responsive client support, creates the basis for a promising Q4, making Exolix an attractive option for both beginners and experienced crypto enthusiasts.

Final Thoughts
--------------

To sum up, the third quarter of the year has been nothing short of remarkable for the Exolix platform. By analyzing the past three months, it is obvious that Exolix keeps on thriving and innovating in the constantly developing world of cryptocurrency and blockchain technology. During this quarter, Exolix achieved significant success, including the successful launch of new features, improved user experience, and an expanded range of supported cryptocurrencies. The commitment and hard work of Exolix’s team have played a key role in ensuring a safe and effective trading environment for users. Looking ahead, we are excited about the avenues and challenges that the future holds for the Exolix platform.

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Welcome to the third-quarter review of Exolix, where we delve into the fascinating developments and achievements that have happened over the past three months.

Exolix: Third Quarter of 2023 in Review

Exolix: Third Quarter in Review

In the rapidly developing world of cryptocurrencies, there are many ways to obtain income beyond the traditional methods observed in traditional finance. One such method gaining momentum is the concept of getting crypto dividends. Crypto dividends are like traditional dividends, where investors obtain a portion of a company's profits. Nevertheless, these dividends are paid in the form of extra tokens in the world of cryptocurrencies. This article explores the top five coins that propose this unique income-generating feature.

Cryptocurrencies that Pay Dividends: Comprehensive List
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Dividends are an important part of the company’s remuneration to its investors. In the context of traditional investments such as stocks, they always play a key role. Now even with cryptocurrencies, they keep on being significant. Do you want to invest in cryptocurrencies that propose more than just capital gains? The below-discussed innovative projects propose unique features and advantages that make them stand out in the crowded crypto space. From the popular NEO to Cardano, each of these coins has its own strengths and potential for long-term growth. Take the opportunity to earn passive income and be a part of the future of finance. Let's have a look at the best dividend-paying cryptocurrencies.

### NEO (NEO)

NEO, usually called “Ethereum of China”, represents a smart contract platform that enables developers to create decentralized applications (dApps) on its blockchain. What distinguishes NEO is its innovative approach to receiving passive income. Holders of NEO tokens have the right to get “GAS”, the cryptocurrency utilized to make transactions on the NEO network. GAS is generated as remuneration for holding NEO tokens and can be demanded periodically, ensuring investors a constant income stream.

### VeChain (VET)

VeChain is a blockchain platform intended to manage the supply chain and verify product authenticity. Aside from the practical use cases of VeChain, it likewise proposes an attractive passive income opportunity. Holders of VeChain's native token titled VET have the avenue to obtain “VTHO” tokens as remunerations. VTHO is utilized to pay for transactions and smart contract executions on the VeChain network. This unique dual-token system allows investors to receive benefits from both the potential price appreciation of VET and the consistent remunerations in the form of VTHO.

### Cardano (ADA)

Cardano, known for its research approach to blockchain technology, has received a reputation for its commitment to scientific severity and scalability. The native token of the Cardano platform titled ADA enables holders to take part in the network's staking mechanism. By delegating ADA to a staking pool, holders have the avenue to contribute to the safety and operation of the Cardano network. In return, they obtain staking remunerations in ADA, in fact, earning a form of crypto dividends.

### Cosmos (ATOM)

Cosmos strives to create an “Internet of Blockchains” by ensuring compatibility between various blockchain networks. ATOM represents the native token of the central hub in the Cosmos ecosystem titled the Cosmos Hub. Holders of ATOM have the possibility to take part in the network's staking mechanism and receive remuneration in the form of new ATOM tokens. This system stimulates users to protect the network and support its operations, while likewise enabling them to earn a passive income.

### KuCoin Token (KCS)

KuCoin Token (KCS) is the native cryptocurrency of the KuCoin exchange, one of the most popular cryptocurrency trading platforms. KCS holders obtain a share of the trading fees charged on the exchange, making it a unique way to get crypto dividends. The more KCS an investor holds, the larger their share of the trading fee pool. This not only ensures a potential source of passive income but likewise equalizes the interests of the exchange and its users.

Other Crypto Coins that Pay Dividends
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Aside from the above-discussed coins that pay crypto dividends, there are a few more cryptocurrencies that are worth your attention since they offer impressive dividends. One of these coins is yPredict.ai. It represents an AI/ML-powered platform that assists crypto investors in making wise decisions in their investments. It proposes data-driven analytical instruments that grant insights and metrics to the users. For the last few years, yPredict has obtained interest from a large number of users. It is relentlessly increasing its revenue streams and is paying significant dividends to its token holders too. Bibox is another prominent cryptocurrency that pays dividends to users. Bibox Token is the native asset of the Bibox exchange. It is an ERC-20 utility token that has a multitude of functions. It grants some exclusive trading features and proposes discounted trading fees to users. This platform pays weekly dividends in the form of Ethereum tokens. Having steady sources of revenues, the exchange does this in an irreplaceable way.

Conclusion: Which Cryptos Pay Dividends?
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To sum up, since the cryptocurrency landscape keeps on developing, innovative ways of getting income have appeared, and crypto dividends are becoming an attractive option for investors. The above-mentioned coins - NEO, VeChain, Cardano, Cosmos, KuCoin Token, and others - are distinguished by their unique approaches to remunerating token holders. From obtaining GAS, VTHO, and staking remunerations to getting a portion of trading fees, these coins propose various avenues for investors to receive passive income while taking part in the growth of blockchain ecosystems. Cryptocurrencies with high dividends don’t only raise their own value, they widen the sphere of activity of the entire domain. This makes the trade more valuable and rewarding for everyone. The influence of high dividends can be observed in the rising magnitude of the crypto space. Nevertheless, it is worth mentioning that the cryptocurrency market is highly volatile, and potential investors should carry out careful research and evaluate their risk tolerance before investing in any cryptocurrency.

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Best dividend-paying cryptocurrencies. Lets talk about cryptocurrency that pays dividends to users

Top 5 Coins that Pay Crypto Dividends

Crypto dividends are like traditional dividends, where investors obtain a portion of a company's profits. 

In the ever-evolving landscape of digital transactions, cryptocurrency payments have become more than just a trend — they're a fundamental aspect of modern finance. Embracing this shift can significantly impact your business's reach and profitability. This article introduces you to CryptoCloud, a game-changing platform that facilitates cryptocurrency payments, opening doors to a global customer base and unleashing the full potential of your online venture.

Crypto Payments: The Key to Expanding Your Business
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Cryptocurrency solutions have gone beyond serving online businesses and are transforming various sectors, including education, gaming, as well as fast food restaurants like Burger King. Even projects previously deemed too risky by traditional banks now find support in cryptocurrencies. The common goal across these diverse domains is to expand reach, boost conversion rates, and cater to international clientele, driving the adoption of cryptocurrency solutions. This technology is reshaping global transactions and financial systems. In this landscape of innovation, CryptoCloud shines as an efficient solution, empowering businesses of all kinds to leverage cryptocurrencies for growth and success in the international market.

Unlocking CryptoCloud's Features
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[CryptoCloud](https://cryptocloud.plus/en?utm_source=exolix.com&utm_medium=guestpost&utm_campaign=cryptocloud-exolix-partnership), at its core, is designed to simplify the process of accepting cryptocurrency payments. Doing so offers businesses the opportunity to broaden their customer base and tap into a global market without geographical limitations. Whether you deal in Bitcoin, Ethereum, Litecoin, Tether, or other digital currencies, CryptoCloud has you covered.

### Versatility for All Business Types

One of CryptoCloud's standout features is its versatility. It caters to many businesses, from online services and e-commerce stores to online schools and even high-risk projects. The team behind CryptoCloud has developed a universal cryptocurrency payment solution that can be seamlessly integrated into your business, regardless of its nature.

### Advanced Features

CryptoCloud offers cost-effective payment processing. The service is free to connect, and CryptoCloud only charges fees starting from 0,4% for processing and confirming payments, plus the standard blockchain network fee. This transparent fee structure ensures that businesses can maximize their profits while enjoying the benefits of cryptocurrency transactions.

### Cost-Effective Processing

CryptoCloud goes beyond basic payment processing, offering advanced features like automated invoice scheduling and customizable checkouts. It also provides flexible fee payment options, in addition to instant payment link creation, auto-conversion of fiat into cryptocurrency, and real-time transaction tracking, making it a comprehensive solution for businesses and customers. In addition to innovative payment capabilities, CryptoCloud now offers users seamless purchase and exchange of cryptocurrencies. You can easily  [buy popular cryptocurrencies](https://buy.cryptocloud.plus/?lang=en&utm_source=exolix.com&utm_medium=guestpost&utm_campaign=cryptocloud-exolix-partnership) to diversify your holdings or initiate your crypto journey. Furthermore, CryptoCloud has partnered with the Exolix platform to facilitate secure and efficient cryptocurrency exchange. This means you can effortlessly trade digital assets, taking advantage of competitive rates and minimal fees.


### Smooth Integration

Integration with CryptoCloud is made remarkably simple. The service provides ready-made integration modules for popular Content Management Systems (CMS) like WooCommerce, OpenCart, PrestaShop, Drupal, etc. The list of free modules continues to expand, ensuring businesses of all sizes can effortlessly incorporate cryptocurrency payments. Additionally, integration can be established using API or an HTML widget, offering flexibility to meet your specific needs.

### User-Friendly Setup

Setting up a cryptocurrency payment gateway with CryptoCloud is a breeze. All you need to do is sign up with your email, add your project details, and configure integration using one of the provided methods. The straightforward setup process ensures that businesses can start accepting cryptocurrency payments quickly.

### No Funds Lock-In

Unlike traditional banks and e-wallets, CryptoCloud ensures that received funds are never frozen or blocked. This financial freedom and flexibility level is a significant advantage for businesses looking to access their funds promptly. Withdrawals to personal cryptocurrency wallets are available nearly 24/7.

### Global Appeal

CryptoCloud has gained popularity among online entrepreneurs worldwide due to its simplicity, extensive functionality, stability, and responsive technical support. Businesses from all around the world have embraced this service as a means to diversify their payment options and serve an increasingly crypto-savvy customer base.

CryptoCloud: The Future of Cryptocurrency Payments
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Day by day, the CryptoCloud platform welcomes a growing number of users who register and integrate their projects for crypto payments. The commitment to mutual growth motivates the CryptoCloud team to consistently upgrade the service, introduce innovative payment methods, and enhance payment page conversions. If you have any questions, feel free to check FAQ and [CryptoCloud's blog](https://cryptocloud.plus/en/blog?utm_source=exolix.com&utm_medium=guestpost&utm_campaign=cryptocloud-exolix-partnership). This will help you to stay informed about the latest developments in cryptocurrency processing.

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Exolix Partners & CryptoCloud partnership. CryptoCloud has partnered with the Exolix platform to facilitate secure and efficient cryptocurrency exchange.

Exolix Partners with CryptoCloud – a Trustworthy Crypto Payment Gateway

Exolix has partnered with the CryptoCloud platform to facilitate secure and efficient cryptocurrency exchange

The Exolix cryptocurrency blog is dedicated to providing useful trading tips, guides. More guides, trading tips and latest crypto news.

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