WCT's Trading Performance on Decentralized Exchanges**
Aside from centralized exchanges, WCT is also traded on decentralized exchanges (DEX) such as Uniswap and PancakeSwap, but the trading volume is lower than on centralized platforms. This is because DEX users focus more on long-tail trading, and the slippage is relatively high. However, DEX trading does not require KYC, attracting users who value privacy. The team enhances trading depth by adding liquidity mining rewards on DEX, such as staking WCT-ETH liquidity pairs on Uniswap to earn additional WCT, balancing the ecosystem layout between centralized and decentralized trading.
