Which exchange can I trade TORN coins on? Detailed introduction to the listing of TORN currency on exchanges

TornadoCash is a virtual currency mixer running on the Ethereum blockchain that indiscriminately facilitates anonymous transactions by obfuscating their origin, destination, and counterparties without attempting to determine their origin. As the native token of TornadoCash, TORN coin has also attracted the attention of many investors, especially the price soared as soon as it was launched, which has attracted investors to participate in investment. However, there are still investors who don’t know which exchange can trade TORN coin? According to official data, the three exchanges that can trade TORN coins are MEXC, UniswapV2 and Uniswap V2. The editor below will tell you in detail.

Which exchange can trade TORN coins?

According to official data, TORN coins can be traded on three exchanges: MEXC, Uniswap V2 and Uniswap V2. The following is a detailed introduction to the exchange:

1, MEXC

MEXC’s official website shows that its operations span all continents and jurisdictions around the world and are regulated directly or through affiliated companies by some of the most famous jurisdictions. MEXC provides more than 1,500 cryptocurrency currencies and 1,800 currencies. Exchange, focusing on small coins and various popular currencies.

MEXC Exchange is very high in the ranking of spot and derivatives, which also fully demonstrates the trust of cryptocurrency users in the security of MEXC Exchange. In addition, MEXC Exchange also provides very low-cost procedures. Fees, which can help users reduce additional costs derived from exchanges during the investment process.

2. Uniswap V2

UniswapV2 is a DEX platform fully deployed on the Ethereum chain, based on the "constant product automatic market making" model [reserve pool mode, on-chain matching, on-chain liquidation ], and facilitate automatic exchange transactions between ETH and ERC20 token digital assets. The trading design of UniswapV2 differs from the traditional limit order model. The UniswapV2 protocol creates a single liquidity reserve for each ETH and ERC20 token trading pair. Each token’s liquidity reserve is a trading smart contract that holds a certain amount of ETH and ERC20 tokens.

3. Uniswap V3

The main features of UniswapV3 are centralized liquidity and multiple fee levels. Centralized liquidity - gives individual LPs (liquidity providers) granular control over what price range their capital is allocated to. Individual positions are aggregated into a fund pool to form a combination curve for users to compare when trading. Multiple fee tiers – allowing LPs to be appropriately compensated for taking on different levels of risk. Compared with UniswapV2, LP can increase capital efficiency by 4,000 times to provide liquidity to obtain higher capital returns.

Can I buy TORN coins?

The purchase value of TORN coins is average. According to existing data records, the current price of TORN coins is US$2.96, which is lower than the historical high price of US$449.37 and lower than the issue price of US$80. The return on investment is not optimistic. -96.30%. The circulation volume is 1,099,795 coins, accounting for 11% of the total. There are only 3 online exchanges, and the liquidity is average. Overall, the current development of TORN currency is not optimistic.

TORN coin is a decentralized cryptocurrency launched by TornadoCash, an anonymous privacy project on Ethereum. Users holding TORN coins can participate in the governance and voting of the protocol and decide the development direction of the protocol. In addition, TORN coins can also be used to pay protocol fees, such as for currency mixing operations.

The core function of the Tornado.Cash protocol is the currency mixing service. Users can mix their own digital currencies with those of other users, thus masking the origin and destination of transactions. During the coin mixing process, the protocol will send the user's digital currency to different addresses, making the transaction records difficult to track.

The currency mixing service of Tornado.Cash protocol has a high level of privacy protection because it uses zero-knowledge proof technology. This technology can verify the legitimacy of transactions without revealing specific transaction details. This means that even if someone wanted to track a user’s transaction records, it would be difficult to obtain specific transaction details.

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