Before looking at fund flows, first understand the rules. This time, we’ll talk about centralized and decentralized exchanges.
Every swap on a DEX is an on-chain transaction, and you have to pay gas fees on that chain.
Tokens with low trading volume on DEXs usually experience significant price impact, so check the estimated amount you’ll receive before swapping.
$BNB is both a major token in the Binance ecosystem and the native token used to pay gas fees on BNB Smart Chain.