Abstract: Centralized cryptocurrency exchanges are online platforms used to buy and sell cryptocurrencies. They are the most common means that investors use to buy and sell cryptocurrency holdings. Some investors may find the concept of a "centralized" exchange to be somewhat misleading, as digital currencies themselves are often billed as "decentralized." Therefore, we have decided to build a decentralized system for crypto and ERC 20 token swapping where a user could swap his / her crypto tokens for other tokens. There are many possibilities that some strong people control centralized systems and they can easily manipulate the way a user can interact with the system or can use the user's money for their own benefit. CryptXchange is designed to provide users with a seamless experience in swapping eight different cryptocurrencies on the Polygon blockchain. It is built using React and Tailwind CSS, and leverages the Uniswap SDK for efficient token swaps. Additionally, the app incorporates the use of OpenAI's GPT to analyze user trading patterns and provide valuable insights into their behaviors.
By utilizing advanced technologies such as these, CryptXchange offers an intuitive and efficient means of token swapping, empowering users to make informed decisions and achieve optimal outcomes. With its user-friendly interface and advanced analytical capabilities, this app represents a valuable addition to the rapidly growing cryptocurrency landscape. This paper describes the architecture of our App and its underlying technologies. The paper will also explore the philosophy behind the platform and the motivation for its development.
Keywords: Cryptocurrency, Decentralized Exchanges, Centralized, Liquidity
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DOI:
10.17148/IJARCCE.2023.124132
