2024 has been a rollercoaster year for the Binance exchange as it continues to battle regulatory bodies in several regions, including Nigeria and the Philippines, and the exchange has been forced to cease operations in these countries.
However, amidst these regulatory hurdles is ETFswap (ETFS), an ETF trading platform that has gained the attention of regulatory bodies positively and numerous investors in the crypto industry. This article covers the factors behind the platform’s success and how its ongoing presale has gained a 300% boost.
ETFSwap (ETFS): A Secure Alternative To Binance
Unlike Binance which is a centralized exchange, ETFswap (ETF) is a blockchain platform that introduces the trading of exchange-traded funds (ETFs) on-chain through tokenization. The tokenized ETFs will be made available on a comprehensive web3 marketplace tailored to the needs of trading experts and newbies with zero or no knowledge about trading.
The tokenized ETFs will also directly represent the traditional ETFs on the blockchain, making it easy to track the progress of these assets to make well-informed decisions when trading. As a DeFi platform, new users can access the network without filling out Know Your Customer (KYC) forms, which is common on centralized trading platforms.
Users will also benefit from up to 10x leverage on trading to increase their earnings and fractional ownership, which will help them amplify their portfolio through diverse assets. Part of the issues that often make platforms fall under regulatory scrutiny is lack of security. Therefore, ETFswap (ETFS) has learned from the current regulatory hurdles of the Binance exchange by agreeing to an audit of its platform by Cyberscope, a world-renowned blockchain security firm.
The firm, after a rigorous checking, found its smart contract free from critical issues and underlying conditions that can make it weak against cyber attacks. By doing this, ETFswap (ETFS) protects the interests of its investors and its ecosystem. Further, the platform intends to join hands with other institutional partners in the industry to work towards advancing decentralized finance. This will also increase its chances of broader adoption in the blockchain industry.
ETFSwap (ETFS) To Surge By 10,000% Amidst Presale
ETFS is the native token of the ETFSwap (ETFS) platform, serving the purpose of utility, making it possible for users to access the features on the platform, including trading tokenized ETFs. Further, holders can participate in the governance of the network through proposing or voting on a proposal. Also, token holders can earn passive income through the mouth-watering APRs on the staking feature on the platform.
As the key to the ETFswap (ETFS) ecosystem, it’s important for all who want to tap into the endless potential of the network to hold the token, and currently, the only way to get it is to buy it at the ongoing presale event.
In the current stage 1, ETFswap (ETFS) is offering the tokens at an affordable price of $0.00854 per coin. However, by stage 2, it will increase to $0.01831, cementing profit for all stage 1 investors.
Experts are optimistic that the token will soon surge by 10,000% to the $1 mark, creating a 100x yield for all early investors. The assurance of automatic profit and optimism by experts has increased the fear of missing out (FOMO) among investors and has given it a 300% boost, with over 45 million tokens sold already.
Before the public sale, the platform held a private sale to introduce the token to whale investors. By the end of the sale, two institutional investors and three angel investors were impressed by its ecosystem and the long-term value of the token, investing $750,000. ETFswap (ETFS), however, chose not to seek investment from venture capitalists (VCs) who could put their interests over those of the ecosystem and its community. Instead, it has allocated $750,000 to speed up the launch of its platform.
With only three days left to the end of stage 1 in the presale, now is the time to hurry and purchase this token, which has the potential to give early investors a 100x yield on their investment and also access to trading tokenized ETFs.
For more information about the ETFS Presale:
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