DEXTools offers you one of the most complete sets of trading tools available for decentralized exchange (DEX) users.
The value of the platform lies in its diversity of functions, capacity to aggregate and scale quality data in real-time, and integrations with leading crypto projects, such as Uniswap, Sushi, and PancakeSwap.
In this review, we will be looking into the number of DEXTools that are currently in circulation.
• It’s a must-use tool for any trader swapping tokens on Uniswap or Sushiswap.
• It allows you to monitor big spreads on pool pairs, anticipate market movements by following whale wallets, or even alerts for copying the most profitable wallets.
SEE ALSO: What are DexTools?
How Many DEXTools Are in Circulation?
DEXTools launched its app in June 2020 as a public beta, with 200 Million tokens created. 50% of team funds (50M) were burned, leaving a total supply of 150 Million DEXT, from all subscription tokens used to pay DEXT features.
DEXT Team burns 10% each month making it a deflationary system. So the amount of DEXT coins currently in circulation is 110 Million.
Frequently Asked Questions (FAQs)
What are the tools that DEXTools offers?
- Pool Explorer lets you follow the liquidity movements and formation of new pools on decentralized exchanges.
- Pair Explorer allows you to check the charts and transactions of a token in addition to the trust and metrics of a project,
- Wallet info gives you the power to track and follow your favorite trader’s wallets.
- Big Swap Explorer lets you track whales and big transactions.
- Multiswap opens up multiple DEX portals to speed up your trading response time.
Where Can I Buy DEXTools (DEXT)?
DEXT is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.
Uniswap offers the largest volume as of March. Alternative options are Bilaxy, Hoo, hotbit, and Bkex among others.
DEXT has been listed on several crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying USDT from any fiat-to-crypto exchanges and then transferring to the exchange that offers to trade this coin.
What Makes DEXTools Unique?
DEXTools is focused on the quality of data provided by its large infrastructure being both reliable and real-time. DEXTools also has a strong focus on the community, basing part of the development on community feedback, and supporting initiatives like DEXT Force and DEXT Force Ventures.
Can I buy DEXT with cash?
There is no direct way to buy DEXT with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other.
Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can’t find your desired payment methods anywhere else.
But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
How do I purchase DEXT using a decentralized exchange?
You can purchase your DEXT by following the steps below;
Step 1: Find DEXT on all the decentralized exchanges and make sure DexTools can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
Step 2: Buy ETH to trade for DEXT using an exchange like Binance. You will need to purchase enough ETH to swap for DEXT and ETH to pay for transaction fees on the Ethereum network otherwise known as gas fees. You can use a service like Etherscan to get an idea of how much gas fees currently cost.
Step 3: Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
Step 4: Trade ETH for DEXT on the DEX of your choice, following the instructions on the screen. Make sure to leave enough ETH in your wallet to pay for gas.
Step 5: Wait for the transaction to finalize and the DEXT tokens will arrive in your wallet.
You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.
How can I trade, convert or sell my DEXT?
You can convert or sell your DEXT with the same exchange you bought it through:
Step 1: Sign in to the exchange you have DEXT on.
Step 2: If you store your DexTools in a digital wallet, compare crypto exchanges to convert or sell them on.
Step 3: Choose “Sell or Convert” and place a sell order.
Step 4: Choose the amount of DEXT you’d like to convert or sell.
Step 5: Confirm the selling price and fees and close your sale of DexTools.
Step 6: Complete your transaction and move your DEXT to a wallet for storage.
With DEXTools, you can easily manage, analyze and execute trades from a single interface. It also offers you trading tools like advanced trading analytics, price notifications, a liquidity pool explorer, and a trading pair explorer with live price data and charts that highlights trending cryptocurrencies.
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