SKIP Exchange vs. Figure Markets

SKIP leverages the cutting-edge features of THORChain technology, enabling users to effortlessly trade assets across various blockchains. Users have the ability to deposit their assets to earn yield, execute immediate swaps straight from their wallets, or transfer assets to friends at current market rates. A small fee, linked to the slippage, is applied to those who add assets to the liquidity pool, promoting fairness and transparency in the fee structure for all participants. This design fosters user engagement while upholding a clear and manageable cost framework. Additionally, the platform’s user-friendly interface enhances accessibility for both novice and experienced traders.

Figure Markets is a comprehensive cryptocurrency platform providing a seamless experience for buying, selling, and borrowing crypto assets like BTC, ETH, and the newly launched SEC-regulated stablecoin, YLDS. Unlike traditional exchanges, Figure Markets offers zero-fee trading, enabling users to maximize their returns without the hassle of additional costs. In addition to trading, users can leverage the Forward Vault, which provides up to 8% APY on stablecoin deposits, allowing them to earn passive income. The platform also facilitates crypto-backed loans, further enhancing its utility. What sets Figure Markets apart is its focus on self-custody, ensuring that users maintain full control over their assets at all times. With an emphasis on security and regulatory compliance, it caters to those looking for a reliable and transparent way to manage and grow their crypto portfolios.