Tacen Exchange
10
min read

Tacen Swap vs the competition – why we win

Written by
Logan Smith
Published on
October 16, 2023

Tacen Swap was built from the ground-up to be easy to use. We believe that everyone deserves to trade crypto without confusion or barriers, which is why we designed Tacen Swap to be simple, efficient, and beginner friendly.

It’s one thing to say that, but what really matters is comparing Tacen Swap to the competition. Let’s take a look at how Tacen Swap stacks up against other crypto swapping tools.

Tacen Swap raw stats:

Full self-custody: YES. Tacen Swap users never lose control of their crypto.

Account creation required: NO. No account creations, no sign-ups, no logins. Just connect a wallet and swap.

Transaction fees: 0.2% - that's it.

Tokenomics of underlying token: the maximum supply of TXA is less than 50 million tokens; there are regular token burns from the project team, and easy staking with high APY for TXA holders.

PS - Here's what Tacen Swap looks like:

Isn't it beautiful?

Competitor #1 - Coinbase

Full self-custody: NO. You must deposit your cryptocurrency to use Coinbase.

Account creation required: YES. You must create an account, go through the KYC process, and gain permission from the company to begin trading.

Transaction fees: 1% per transaction, plus other fees at times.

Tokenomics of underlying token: Coinbase’s token is regarded as USDC, and functions as a stablecoin.

Competitor #2 - Binance

Full self-custody: NO. You must deposit your cryptocurrency to use Binance.

Account creation required: YES. You must create an account, go through the KYC process, and gain permission from the company to begin trading.

Transaction fees: Ranging from 0.1% to 4.5%.

Tokenomics of underlying token: BNB has no maximum supply, but a current total supply of 151,705,859 tokens, with more being minted.

Competitor #3 - Kraken

Full self-custody: NO. You must deposit your cryptocurrency to use Kraken.

Account creation required: YES. You must create an account, go through the KYC process, and gain permission from the company to begin trading.

Transaction fees: Fees range from 0% up to 3.75%, depending on the type of trade being made.

Tokenomics of underlying token: Kraken does not have its own native token.

As you can see, Tacen Swap consistently outperforms our competition in terms of safety, ease of use, transaction fees, and tokenomics. While the current selection of tokens available for trading on Tacen Swap is still growing, making trades on Tacen Swap for the tokens that we do offer can’t be beat.

With countless centralized exchange meltdowns in recent years, with more likely on the way, why take the risk of trading with anyone else? Choose Tacen Swap and choose peace of mind, security, and simplicity.

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New to Tacen and wondering how to get started? The best first step is to join our Discord, where you can meet other community members, ask questions, and participate in giveaways and competitions. Don’t forget to check out our Twitter account to catch the latest updates, and be sure to explore the rest of our blog to learn more about what we’re building at Tacen.

Welcome to Tacen – how trading was meant to be.

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