What is the purpose of a “token swap” in the context of blockchain projects?

Marina Protocol is a global Web 3.0 tutorial platform with learning materials.

It provides beginners with easy-to-use content and advanced interfaces for activities.

Users can take part in Web 3.0 projects and get rewarded for their experiences.

You can download the app from the Google Play Store and create a new account.

To begin a quiz, open the Marina Protocol app, tap on “Learn & Earn”, and choose the correct answer.

In this guide, you’ll learn the answer to “What is the purpose of a “token swap” in the context of blockchain projects?” in Marina Protocol.

What is the purpose of a “token swap” in the context of blockchain projects?

Question: What is the purpose of a “token swap” in the context of blockchain projects?

Answer: To exchange one cryptocurrency for another.

Further reading

Which blockchain platform uses the term “smart economy” to describe its vision of a digital, programmable economy?

What is the purpose of a “genesis block” in a blockchain?

Which blockchain consensus algorithm relies on the participants’ reputation and trustworthiness?

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