- Crypto.com announces the listing of Ellipsis (EPX) tokens via its app.
- EPX token is the native token used as a reward for Ellipsis Liquidity Providers.
- Ellipsis (EPX) price is at $0.00088 at the time of writing.
Crypto.com, a Singapore-based cryptocurrency exchange, announced today in a tweet the listing of Ellipsis (EPX) via the app.
The newly listed token will join Crypto.com’s increasing number of more than 250 supported cryptocurrencies and stablecoins, such as Bitcoin, Ethereum, Polkadot, Chainlink, USD Coin, and more.
Ellipsis is an Automated Market Maker (AMM) or exchange on BNB Chain, which allows users and other decentralized protocols to trade tokens with minimal fees and slippage. Its exchange uses liquidity pools, different from common exchanges that match a buyer and a seller.
Ellipsis requires a high volume of liquidity tokens in the pools in order to achieve stable exchange volume and low slippage. To motivate people to deposit in Ellipsis pools, the platform provides rewards in EPX tokens.
EPX tokens is the native token for Ellipsis. It was generally used as a reward for Ellipsis Liquidity Providers, voting on pool incentives, locking for platform fees, and locking to boost Liquidity Provider rewards.
Users can now purchase EPX at true cost using USD, EUR, GBP, and 20+ fiat currencies and spend it over 80 million merchants supported by the Crypto.com Visa Card.
At the time of publication, Ellipsis (EPX) is currently trading at $0.00088, down 5.06% in the last 24 hours as per Crypto.com. EPX has a maximum supply of 1 billion EPX.
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