Beethoven X Review 2023
Beethoven X is a popular decentralized exchange created by an unknown developer in 2021.
It runs on 2 different chains including Fantom, Optimism.
Beethoven X offers features such as liquidity mining, yield farming, launchpad, spot trading and more.
We rated Beethoven X 4/5, based on it's features, security, and future prospects.
Beethoven X Features
Beethoven X allows you to earn passive income by providing liquidity. You're given LP tokens in return, which are interest bearing. The interest comes from trading fees generated by Beethoven X.
Hosts incentivised yield farms. You can earn boosted rewards from staked LP tokens. This is a great way to earn more crypto. Projects put up tokens for you to earn, often for marketing efforts.
Has a project launchpad that launches new tokens.
This means you can buy and sell the real thing. Actual crypto. Not a futures contract or derivative.
Beethoven X Fees
All DEXs charge trading fees. Beethoven X is no different.
Trading fees incentivise liquidity providers to provide liquidity to Beethoven X. This enables people like you to freely trade between tokens without incurring too much slippage.
Beethoven X does not charge withdrawal fees.
DEXs, generally, do not require you to deposit funds onto them. Therefore there is nothing to withdraw. This is one of the many great things about dencentralized exchanges. You get to be the sole custodian of your funds.
How to use Beethoven X?
- Get a crypto wallet that supports web3 on one Beethoven X's of supported chains.
- Deposit crypto into the wallet, ensuring you have tokens for gas
- Navigate to Beethoven X's homepage
- Connect your wallet to the website
- Goto Swap/Trade
- Choose a token that you'd like to swap to
- Finally, swap!
Where can I buy BEETS ?
You can by BEETS direct from Beethoven X. It is the native token of Beethoven X, and they will therefore offer the most liquidity.
Is Beethoven X safe?
Yes, Beethoven X is safe to use. However, you should be aware that crypto trading carries inherent risk. dApps are vulnerable to exploits, so make sure to DYOR before investing.
What chains do Beethoven X support?
Beethoven X supports Fantom, Optimism.