What is Serum (SRM)?steemCreated with Sketch.

in serum •  4 years ago  (edited)

How to Buy Serum Coin?What is SERUM Coin?

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#Serum ( #SRM) is a #crypto money project that brings the speed and low transaction fee options of the traditional financial system to the decentralized finance world. In addition to being a decentralized cryptocurrency exchange, Serum also hosts its own cryptocurrency SRM. Established on the Solana blockchain network, Serum can be compared to Uniswap based on the Ethereum network.

#Decentralized #exchanges can be defined as platforms that enable investors to trade peer-to-peer without any intermediaries or central management. SRM has definitely gained an important place in the DeFi industry with its entry into the market after seeing and evaluating the shortcomings in the current #DeFi market. #Serum, which is completely decentralized and has no storage, stands out with its lack of any #KYC requirement.

The #Solana #blockchain network reaches up to 50,000 networks per second, and this allows shortcomings in the Ethereum network to be closed with Solana. Of course, in the event of such a change, it is known that Serum stands out as a decentralized exchange. Solana's success stems from his use of the SHA 265 hash chain.

↪️What is Serum (SRM)?
#SRM Coin is ranked 169th at the time of this writing and has a total market value of $ 219 million. SRM Coin has a maximum supply of 10 billion and currently has 50 million SRMs in circulation.

SRM Coin unit price was $ 4.38 and previously reached a record $ 8.11. This shows that it is almost 50% behind the all-time record and has an upward potential.

↪️Where To Buy SRM Coin?
SRM Coin can be purchased on Binance, the world's most secure and largest cryptocurrency exchange. To purchase SRM Coin on Binance , it is necessary to open a Binance account first. Following this, trading can be made by choosing the most liquid of the supported trading pairs.

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Currently, there are four different trading pairs on Binance: SRM / USDT, SRM / BTC, SRM / BUSD and SRM / BNB. Among them, SRM / USDT stands out as the most used and the one with the highest volume. Users can easily complete their trading transactions by going to the SRM / USDT trading pair section on Binance.

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