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CryptoLocally And Serum Announce Mutual Listing Of Tokens

After already having collaborated in the past, CryptoLocally, a peer-to-peer (P2P) cryptocurrency trading platform, and Serum, which is an ultra-scalable decentralized exchange (DEX) for cryptocurrencies and derivatives, have now announced the mutual listing of SRM and GIV tokens on CryptoLocally’s decentralized P2P exchange as well as Serum’s DEX. 
For CryptoLocally users, this means that buying and selling SRM on CryptoLocally’s exchange is now simplified. Instead of having to buy Bitcoin or Ethereum to be able to buy or sell SRM, users now have access to over 40 local and international payment options and are protected by CryptoLocally’s smart contract-enhanced escrow service.
Serum, which is backed by FTX, is the leading crypto derivatives exchange platform, and SRM is the native Solana Program Library (SPL) token of its DEX. Serum’s DEX was designed with speed and low transaction costs in mind and is built on the Solana blockchain to provide fast, scalable, as well as cost-effective trades.
Some of the features the Serum DEX provides to its users are sub-second trading/settlement, on-chain order books, as well as very low transaction fees, costing 1/1,000th of a cent. With a total supply of 10 billion tokens, SRM is mainly used to reduce fees on Serum’s DEX as well as stake rewards. However, the SRM token also empowers holders with specific on-chain governance powers.
With the listing of CryptoLocally’s GIV token on the Serum DEX, Solana is the third blockchain to support CryptoLocally’s native token that …
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