BridgeSwap: Allowing Peer-to-peer Trading On A Decentralized Exchange (DEX) Platform

In today's global economy, there is a $10 trillion cash flow deficit that favors the developed world. The BridgeSwap platform is designed to tackle this problem by providing an alternative source of financing to borrowers in developing countries who otherwise have limited options to build wealth. It will connect them with lending partners through a decentralized peer-to-peer network-based system that promotes financial responsibility, fair transactions and community growth. The BridgeSwap mission is to provide a decentralized financial opportunities globally through support, security, and transparency. To bridge Defi on Web 3.0 from traditional finance in decentralized manner to create a fair global economy which is sustainable, accessible, and community driven DAO.

What is BridgeSwap?

BridgeSwap is a decentralized exchange that runs on blockchain which helps you find the requirements for your financial goals, opportunities, and to meet great people. BridgeSwap will help you achieve your financial goals with the support of its community members and the BridgeSwap DAO. The idea behind BridgeSwap is to connect those who have something valuable to trade with those who have what they need. It's an online marketplace that connects people who are looking for opportunities with people who want to invest or provide financial services. The BridgeSwap network is built on top of Ethereum blockchain and uses smart contract technology to provide transparency and security when exchanging value between peers. The BridgeSwap team is currently raising funds for its token sale.

BridgeSwap - DEX (Decentralized Exchange)

To trade some amount of one token for an equivalent amount of another token. The extent to which an asset is available to be bought or sold. In the context of a DEX, the amount of crypto tokens that can be traded for one another. A combination of two crypto assets that allows a decentralized exchange to facilitate trading between the two tokens. Someone who adds liquidity to a protocol by contributing 1:1 amounts of two crypto tokens to a liquidity pool.

BridgeSwap, a blockchain-based decentralized exchange (DEX), has created the BridgeX token. BridgeSwap allows users to create liquidity pools of token pairs that are native to BNB Chain. In other words, users can trade tokens on the BNB Chain DEX within their own pools, rather than relying on third-party exchanges. While BNB Chain is the first blockchain to be supported by BridgeSwap, the team plans to offer support for a wide variety of blockchains soon and even expand the DEX into an exchange. In addition, bridging will allow users to trade ERC20 tokens on any Ethereum blockchain without having to own ETH or migrate their existing tokens onto the blockchain—the process will be automatic and seamless. As new chains are developed and adopted, BridgeSwap will scale with them.

The Value Of BridgeSwap

BridgeSwap, a decentralized peer-to-peer trading platform, is committed to providing its users with the highest level of security possible. In order to accomplish this, BridgeSwap has established a series of protocols that are designed to protect the BridgeSwap community from potential malicious actors in the cryptocurrency space. These protocols ensure that BridgeSwap cannot be hacked or compromised. The first line of defense against these attacks is locked funds in escrow.

Blockchain technology provides the ability to have money locked into an address until specific conditions are met, such as two people agreeing on a trade. This ensures that when a trade is executed, both participants will receive their funds and neither can abscond with them. The second line of defense against malicious actors is in the user’s own hands. When conducting trades on any exchange, there is always a risk of the other party not following through with the agreed upon terms or taking advantage of you in some way. By using smart contracts, BridgeSwap is mitigating this risk by ensuring that all trades are conducted in a completely trustless manner wherein both parties’ funds are held in escrow and released only when the other user has followed through on their side of the agreement. In addition to these protections, BridgeSwap also employs.

Mission of BridgeSwap

The mission of BridgeSwap is to provide a decentralized financial opportunities globally through support, security, and transparency. To bridge Defi on Web 3.0 from traditional finance in decentralized manner to create a fair global economy which is sustainable, accessible, and community driven DAO. BridgeSwap aims to give the power of creating financial opportunities to the people who need them and render it possible for people to build their own financial growth by connecting with others. The BridgeSwap network is built on top of Ethereum blockchain and uses smart contract technology to provide transparency and security when exchanging value between peers.

Creating the infrastructure for such a system is challenging, but with your support, we will be able to create the tools necessary to make this possible. By backing our project you are creating the foundation for one of the first decentralized autonomous organizations (DAO), a community-owned organization that can have its decisions made by its members through smart contracts and blockchain technology. Our DAO will be able to build tools and provide financial assistance for people who would otherwise not have had access to it through our traditional centralized financial systems.

For additional information, please follow at:

Website: https://bridgeswap.app
Twitter: https://twitter.com/Bridgeswap_Dex
Telegram Group: https://t.me/bridgeswap
Telegram Channel: https://t.me/bridgeswap_news
GitHub: https://github.com/Bridgeswap-Dex

Author

Forum Username: Dogani
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3429369
BEP-20 Wallet Address: 0xDc078E9D53C58B08995bF2aBa7F159Bc21822a90