Tomb Swap Review 2023
Tomb Swap is a popular decentralized exchange created by Tomb Finance in 2022.
It runs on 1 different chains including Fantom.
Tomb Swap offers features such as liquidity mining, bridge, staking, yield farming, spot trading and more.
We rated Tomb Swap 4/5, based on it's features, security, and future prospects.
Tomb Swap Features
Tomb Swap 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 Tomb Swap.
Has a cross-chain bridge. So you can move your crypto between different chains.
Has staking for it's native token; allows you to earn passive income.
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.
This means you can buy and sell the real thing. Actual crypto. Not a futures contract or derivative.
Tomb Swap Fees
All DEXs charge trading fees. Tomb Swap is no different.
Trading fees incentivise liquidity providers to provide liquidity to Tomb Swap. This enables people like you to freely trade between tokens without incurring too much slippage.
Tomb Swap 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 Tomb Swap?
- Get a crypto wallet that supports web3 on one Tomb Swap's of supported chains.
- Deposit crypto into the wallet, ensuring you have tokens for gas
- Navigate to Tomb Swap'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 TOMB ?
You can by TOMB direct from Tomb Swap. It is the native token of Tomb Swap, and they will therefore offer the most liquidity.
Is Tomb Swap safe?
Yes, Tomb Swap 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 Tomb Swap support?
Tomb Swap supports Fantom.