Cryptocurrency Platforms That Are Fully Decentralized

Wayne Jones • May 21, 2021

‘Not your keys, not your coins.’ If you have been an adept follower of the crypto space, you probably know what I mean. Since the inception of the first coin, Bitcoin, the decentralized nature of cryptocurrencies has been a nightmare for many governments across the globe. Governments were not ready to lose their monetary policy powers.

On the contrary, crypto exchanges have for many years been centralized, and that’s where the opening statement comes in. Centralized exchanges deny crypto holders their custodial powers as the true owners of the assets. In essence, they bring about governments and third parties control of fiat currencies. Luckily, decentralized exchanges have come to their rescue.

What are Decentralized Exchanges?

Decentralized exchanges, commonly dubbed as DEXes, are autonomous applications that give cryptocurrency holders the power to transact with their assets without giving up their control to third parties. They treat investors as the sole owners and operators of their crypto assets.

The platforms function through a smart contract system known as an Automated Market Maker (AMM). The AMM utilizes the liquidity provided by traders known as liquidity providers and the existing liquidity from the platform’s reserves.

Decentralized exchanges have the upsides of unlimited accessibility of assets, security, full custodianship of coins, and decentralization, minimizing the chances of manipulation.

Although decentralized platforms entered the crypto space recently, the market is fast evolving, and there are many decentralized platforms already. Here is our list of the top fully decentralized crypto platforms.

PancakeSwap

Based on Binance Smart Chain (BSC), PancakeSwap is the newest talk of the internet in the decentralized exchange sector. The platform mimics Ethereum’s ERC-20 tokens, which are usually based on Ethereum’s blockchain. However, the unique aspect of the new food-themed platform is that it utilizes Binance’s BEP-20 tokens. It is the Binance ecosystem’s first AMM and, at the same time, the first rival for the long-standing Ethereum ERC-20 tokens.

The platform provides cheaper and faster transactions which complete within 5 seconds. Token swap fees are usually 0.2%, 0.17% of which gets distributed among the liquidity providers. The remaining percentage gets burned to maintain the platform. It is one of the leading decentralized platforms to transact with privacy and safety if you want to evade the high gas fees associated with Ethereum’s DEXes. As of this writing, PancakeSwap’s token currently trades at $37.15 with a trading volume of $491,129,384, according to coin market cap statistics.

UniSwap

UniSwap is a decentralized exchange platform developed in 2018 on Ethereum’s blockchain and ERC-20 tokens. It is designed to function as a community tool, where anyone can use it to swap tokens. A user can add any token on UniSwap by simply funding it using an equivalent amount of Ethereum and the ERC-20 token to trade.

Liquidity providers on UniSwap receive liquidity pool tokens whenever they add Ethereum and ERC tokens to the pool. The platform’s trading fee is usually 0.3% and is automatically sent to a reserve. Whenever liquidity providers want to leave, they get a portion of the fees based on their contribution. The platform recently introduced a protocol fee that sends 0.05% of every 0.3% fee to a special UniSwap fund meant for financing future platform developments. However, the protocol can be turned on or off through community votes.

At the time of this writing, Uniswap’s price stood at $40.73 with a trading volume of $2.4 B, according to coinmarketcap.com.

SushiSwap

SushiSwap is another decentralized exchange platform based on Ethereum’s blockchain. It seeks to provide users with incentives via liquidity pools while providing a platform for crypto tokens swapping. Liquidity providers add a token to the pools by linking their ETH wallets to the platform’s farming software and lock a pair into a smart contract.

For instance, a liquidity provider can provide a pair like USDT/ETH, which carries equal values of both assets. Buyers can then swap tokens in the pool, and the smart contract will take a similar amount from the buyer and send it back. Liquidity providers earn the fees for providing liquidity, plus a portion of the platform’s native token SUSHI that is mined daily.

SushiSwap is the main competitor to UniSwap on Ethereum’s blockchain. Currently, the SUSHI token trades at $16.81, with a trading volume of $2.3B

Etheros

Etheros is a decentralized platform based on the Ethereum blockchain. It presents the world in 2D and 3D architecture as a social application platform where users can play, own, or use anything or any place based on their imagination and create value to derive profits. In essence, the platform creates virtual reality based on several programming technologies with the fundamentals of decentralization, efficiency, simplicity, and security.

Users can create their virtual world on the platform, starting with as low as one dollar and ultimately build their world. Ethereum blockchain’s smart contracts guarantee asset security, and they are not possible to cancel once initiated.

Additionally, they can earn passive income through owning spaces with valuable resources needed by the creators of goods and services in the virtual world. You can become the largest supplier of the resources and at the same time remain anonymous. There are other exclusive spaces where people can invest, sell, or HODL, and one can choose a successor of their assets at any time.

The platform’s native token is ETS, whose public token distribution will start on May 14, 14:00 CET, until May 31, 14:00 CET (sold via smart contract and via Coinbase). The opening price will be $1.00, targeting 30 million tokens. The token will be available on the centralised exchange P2PB2B.io. from 1 June. After the completion of the IEO Phase on this exchange lasting 14 days, regular sales will be launched in the most well-known currency pairs. Then, around 22 June, the ETS token will be listed on decentralised exchanges: i.e. Uniswap, MesaDEX and Pancakeswap thanks to the launch of the ETS token on the Binance blockchain (latest news).

AirSwap

AirSwap is a decentralized platform developed in 2017 on Swap Protocol. It runs on the Ethereum blockchain and allows users to trade two tokenized pairs on Ethereum’s ecosystem. Every trade happens between the maker and the taker. Makers stake their AirSwap tokens to provide liquidity and signal takers of their intention to trade. Traders can add liquidity and remove it as well.

There are no fees on AirSwap, other than the ETH gas fees usually paid when settling trades on Ethereum.

Bancor

Bancor is a decentralized exchange protocol built on Ethereum’s blockchain for creating smart tokens. Users can exchange the tokens directly on the platform via smart contracts, and their prices can be determined automatically. The platform’s automated market maker does not follow the 1:1 basis when providing liquidity. For instance, for USDT/ETH, you can deposit either USDT or ETH in the liquidity pool. The platform includes a liquidity protection feature that protects users’ assets when they stake specific assets.

Bancor currently trades at $7.80, according to the coin market cap. Its 24-hour trading volume stands at $116,078,253.

Conclusion

Decentralized platforms are, in theory, the best platforms that are resonating with the truly decentralized nature of cryptocurrencies. They restore asset holders’ custodial and operational rights and unlock opportunities for investors to earn more from their reserves. Decentralized exchanges are the platforms for an ideal world even beyond the crypto space.

However, they still face their share of hurdles, especially since most of them are based on Ethereum’s blockchain. Users have to deal with exceptionally high gas fees, which remains the primary obstacle preventing decentralized platforms from becoming a force to reckon with.

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Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.

DigitalBot Is Creating the Next Generation of Crypto Millionaires Through Its Explosive Binary Platform

By press release • June 12, 2025

A bold shift is underway in the network marketing space. DigitalBot, the Web 3.0-powered automated trading platform, is making waves across global markets with one clear message: Work fast. Earn big. Build your legacy before the world catches up. Following a successful silent rollout across Latin America and Asia — onboarding multimillion-dollar networks in record time — DigitalBot is now launching its official global leader acquisition phase . This expansion phase offers lightning-fast binary bonuses, daily payouts, and exclusive mentorship programs for ambitious professionals ready to lead the next digital wealth movement. “We created a system that rewards speed, focus, and duplication. If you understand binary, you understand that timing is everything,” said Antonio Salas , CEO and Founder of DigitalBot. What Sets DigitalBot Apart? ⚡ Binary payouts within hours , not days. 🔒 100% decentralized Web 3.0 infrastructure — no corporate accounts or centralized risk. 📈 Performance-based model — no artificial ranks, no fluff. 🎓 Millionaire mentorship events with the CEO and elite global leaders. 💰 Performance incentives up to $25,000 , plus Rolex watches and private luxury travel. Who Should Join Now? 🌐 Network leaders aiming for fast duplication and exponential team growth. 🔥 Teams seeking results-driven platforms with daily income potential. 🎯 Influencers and marketers looking for scalable, proof-based income models. The first 1,000 global leaders will receive priority positioning and lifetime binary acceleration — giving them an edge in one of the most disruptive launches of the year. 🚀 Ready to Join the Top 1%? Visit https://digitalbot.app to claim your position before the window closes.

BalzBack: From Scammed to Stacked - Redemption Is Here

By Press Release • June 11, 2025

In a crypto landscape still reeling from waves of rugpulls, a new initiative, Balz Back, today announced the official opening of its platform for community submissions. Balz Back is designed to turn rugged bags into new liquidity, offering a potential lifeline to countless affected investors. Built around the DeFAI Redemption Protocol , BalzBack evaluates communities through onchain behavior and sentiment signals, generating a Community RugScore™ . Once approved, token holders access a Telegram-native app where they can verify wallets, deposit rugged tokens, and receive structured allocations of $BALZ tied to their score and deposit tier. Submissions are now open to leaders, developers, and moderators from impacted communities. Recent examples of affected projects include: $LIBRA – Promoted by Argentine President Javier Milei , with wallet activity linked to Hayden Davis of Kelsier Ventures. Over $250 million lost. $MELANIA – Endorsed by Melania Trump and allegedly connected to Davis, with insiders profiting over $150 million through private allocations and pre-announcement trades. $HAWK Tuah – Backed by influencer Hailey Welch , collapsed following insider-controlled dumping. $WOLF – Deployed through wallets associated with Hayden Davis, collapsed by over 99% within two days, with 82% of supply under one entity. $CUBA , Al16Z , SPEED (linked to Logan Paul ), and $JAILSTOOL (promoted by Dave Portnoy )—each followed a similar extraction pattern. Additional tokens like $ZBEC, $DANTRUMP, RugMask, Pompompurin Coin , and $GANTU have also shown post-launch behavior consistent with insider or predatory flows. BalzBack provides communities with a verified redemption channel , backed by a transparent scoring system and application logic. Once a community is approved, individual members can reclaim value through direct participation in the redemption process. "We’ve created a way to convert rugged bags into fresh liquidity, grounded in verifiable data and built for real users who got left behind," said a spokesperson for the $BALZ team. "We are actively onboarding and reviewing submissions." To apply, visit: https://www.muskybalzac.com/balzback

How XRP holders can achieve steady returns through BJMining cloud mining in 2025

By press release • June 6, 2025

Recently, XRP has risen for five consecutive trading days, hitting a two-week high of $2.2658 on June 4, rebounding about 10% from the low on May 31, showing significant bullish momentum and market confidence. At the same time, a large "whale" transferred 330 million XRP (about $716 million) back to the Ripple company account on June 2. Such huge internal transfers are often interpreted as signals of short-term circulation adjustments and long-term holding intentions. In terms of ETF expectations, many institutions are actively promoting XRP spot ETF applications. If approved, it will bring more institutional funds and pricing transparency to the market, and will also further boost XRP's market sentiment and liquidity. As the XRP ecosystem continues to improve and demand steadily increases, many coin holders are beginning to seek more flexible ways to operate their assets. At this time, the cloud computing mining service launched by BJ Mining is user-friendly and open to XRP users-users only need to deposit XRP into the platform wallet to participate in the cloud mining plan What is BJ Mining Founded in 2015, BJ MINING is a fully compliant cloud mining platform headquartered in the UK. Adhering to the core values of innovation, security and sustainable development, it provides efficient, professional and environmentally friendly one-stop cloud mining services to global cryptocurrency enthusiasts. The platform’s automated system ensures that users continue to receive rewards without any extra effort. Whether you are new to cryptocurrency or a seasoned enthusiast, BJ Mining offers you a seamless way to make money from home. Advantages of BJ Mining Free Trial: New users who successfully register an account for the first time can receive a $15 new user reward and experience cloud mining for free and without risk. Zero threshold to start: No need to purchase any mining machines, just register and use it, reducing high hardware and electricity costs. Fully transparent settlement: 0 management fee, 0 hidden fee; view earnings with one click in the backend. Free withdrawal of multiple currencies: Support mainstream assets such as DOGE, BTC, USDT-TRC20/ERC20, ETH, XRP, LTC, SOL, BCH, USDC, etc., with zero withdrawal fees. High referral rewards: Invite friends to earn 3% active referral rewards + 2% indirect referral rewards. Safety and security: It uses McAfee® + Cloudflare® dual protection, is fully covered by AIG insurance, and is equipped with 7×24 hours manual online technical support. Three steps to teach you how to make money in BJ Mining Step 1: Register an account It takes less than a minute to create your free account and get a $15 newcomer bonus , which will make you $0.60 per day for free. Step 2: Select a contract We offer a variety of contracts to suit your financial goals. Whether you are looking for short-term gains or long-term returns, BJ Mining can meet your needs. Step 3: Start making money It’s easy to control revenue growth without any management. Daily earnings will be automatically deposited into your account, and you can also withdraw them to your cryptocurrency wallet. Get a stable passive income by participating in the following featured contracts: After purchasing the contract, the proceeds will be automatically credited to your account the next day. When the account balance reaches $100, you can choose to withdraw to your digital currency wallet, or continue to purchase contracts to get more profits. (The platform has launched a variety of stable income contracts, which can be viewed on the official website https://bjmining.com ) Safety and sustainability In the world of cloud mining, trust and security are the first steps to establish cooperation. BJ Mining is well aware of this and puts user safety first. The mine uses 100% renewable energy such as solar energy and wind energy, practices the concept of low-carbon mining, and feeds excess electricity back to the community power grid to help local green development and promote the deep integration of blockchain and environmentally friendly energy. BJ Mining adopts McAfee® + Cloudflare® dual protection, is fully covered by AIG insurance, and is equipped with 7×24 hours manual online technical support to protect your assets. Summary Driven by the continued strength of the XRP market and ETF expectations, with the help of BJ Mining's zero-threshold, transparent and secure cloud mining services, XRP holders can easily participate and steadily increase their value, providing a more flexible and efficient option for asset operations. For more details, please visit BJMining official website ( https://bjmining.com ) or contact the official email address info@bjmining.com .

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