Squid token now available on Bitvavo
Bitvavo is expanding its token range with Squid (QUID). The Dutch crypto exchange announced the token’s listing today. Users can now trade QUID-EUR on the platform.
New users on Bitvavo receive a welcome bonus of €10 in free crypto when they sign up. This can be used directly to buy QUID or other tokens on the platform.
What is Squid (QUID)?
Squid is a router protocol focused on optimising transactions in the decentralised finance landscape. The network allows users to find the most advantageous routes for swaps and transactions. By connecting different liquidity sources, Squid aims to minimise slippage and achieve better exchange rates.
The QUID token plays a central role in the Squid Router ecosystem. Owners can use the token for governance, gaining voting rights on important decisions regarding the protocol’s development. In addition, the network rewards users who stake QUID with additional benefits and income.
Buying QUID on Bitvavo
Squid is now available at Bitvavo. Trading QUID against the euro makes it easier for Dutch and European investors to get into the token without first having to perform stablecoin conversions.
The QUID listing fits Bitvavo’s strategy of making altcoins available more quickly. The exchange regularly adds new tokens to give users access to more opportunities in the crypto market. With QUID, Bitvavo is adding a protocol specifically focused on DeFi efficiency.
Not financial advice. The Latest Crypto News provides educational and informational content only. Crypto-assets are highly volatile and you can lose your entire investment. Always do your own research. Read our full disclaimer.
Affiliate disclosure. Some links on this site are affiliate links. If you sign up with a partner through one of them, we may earn a commission at no extra cost to you. This never influences our reporting. See our editorial guidelines.
