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Author: Admin | 2025-04-27
Why did we choose Aerodrome?Aerodrome is a decentralized trading platform that operates on Base, a layer 2 network for the Ethereum blockchain that was developed by Coinbase. In recent months, the popularity of Aerodrome exploded, which is evident from the massive spike in its volume – since the start of 2024, the volume has increased from roughly $3 million per day to over $70 million per day.A large reason for the massive increase in the volume figures is definitely the rise of meme coins. However, the way Aerodrome itself is set up definitely also plays a role. The exchange is easy to use and boasts one of the lowest fees around. Moreover, the native AERO governance token allows holders to participate in the decision-making process related to the exchange and enables them to earn a part of the fees generated by the exchange.Pros: Very low fees Leading DEX on the Base network Volume has increased more than 20x since the start of 2024 AERO governance token, which allows holders to collect feesCons: Operates only on the Base blockchain Fewer cryptocurrencies than on some DEX competitorsVisit AerodromeWhat did we look for when choosing the best crypto exchanges?There are many factors that need to be considered when evaluating a cryptocurrency exchange. Here’s what we paid attention to when choosing which platforms to feature as the best cryptocurrency exchanges. Longevity - We put a premium on exchanges that have been in business for an extended period of time. Please note that this is relative since cryptocurrency has only been around since 2009. A crypto exchange that has been operating for 5 years or longer can be considered well-established in the context of the crypto market. Trading fees - Exchanges with lower trading fees make it possible for users to keep more of their trading profits. In addition to trading fees, we also considered deposit and withdrawal fees. Trading features - Some exchanges only offer spot markets, while others also provide leveraged trading through margin trading, futures, options, and other instruments. Exchanges with a diverse set of trading features were considered more favorably. Security - Security is a key factor when evaluating any cryptocurrency exchange. We considered each exchange’s track record on security. For exchanges that did suffer hacks in the past, we evaluated whether they compensated affected users in a timely manner. Another factor related to an exchange’s security is the level of transparency regarding its reserves. Documentation - High-quality cryptocurrency exchanges have extensive documentation and other resources that explain their fee structure and products clearly. Users should be able to make an informed decision when putting any of their funds at risk in a trading or investment product. Additional products - Some exchanges stick to basic crypto trading functionality, while others also offer additional products like lending, staking, and NFT marketplaces. Availability - Most exchanges are only available in a limited number of jurisdictions. We evaluated exchanges with broad availability more favorably. User experience - Good cryptocurrency exchanges make the process of
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