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Rachel Welch

17 November 2022 138 Read Altcoins

What Is Raydium?

Raydium is a decentralized exchange for trading cryptocurrency. Users can add and remove trading pairs through its order book, which displays the current bid and offer prices. This enables users to experience a stress-free trading experience. The exchange supports over 260 market pairs, but users can add any they wish to use.

One drawback of Raydium is that the developers are not transparent about their identities. They use pseudonyms, which makes it harder for anyone to track them. This could mean that hackers may target users and take their funds. In addition, Raydium is not as diverse as other decentralized exchanges.