Crypto: Liquidity Pools Explained With Animations

A liquidity pool is a pool of crypto volunteered by holders that keeps supply and demand balanced. Liquidity pools maintain a more stable price for a given asset and promote a better user experience by speeding up the process of buying and selling. In other words, a liquidity pool is put in place to make sure there is always enough crypto to be bought or sold.

Today we will examine what liquidity pools are, why they are useful, and how they work. You’ll want to stick around until the end, too, because we are going to share with you the best 3 liquidity pool platforms that you can join today.
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Bitcoin is about to transform the financial system as we know it. This revolution is what we will cover here at Crypto Skills. We will give you bite-sized explainer videos on crypto, Bitcoin and the crypto market in general. In our videos, we will cover a wide range of topics, such as "what is DeFi", "how smart contracts work", "NFT games" and "how you can earn money in the crypto market". We will also talk about popular and new altcoins such as Shiba Inu, XRP, Safemoon, Dogecoin, Cardano and others.

[AlbertastPodcast]

This is the shortest video I could find explaining liquidity pools

[rudydodson]

Thanks for posting! Hoping for some help: My wallet on OKX holds some Tether USDT, and I possess the recovery phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how should I go about moving them to another wallet on Binance?