Cryptocurrency brought about a more efficient method of handling financial transactions, with digital assets serving as the currency for exchange and trading. Blockchain Technology was introduced to keep the financial process going, transmitting data to different nodes across different locations. The adoption of this technology enhanced decentralisation which is a major advantage Cryptocurrency has over the Central Banking system.
Decentralized Finance (DeFi) makes the crypro space and services that comes with it assesible to everyone irrespective of race and orientation. Today, more persons are getting involved in it, including people from third world countries who can be said to be disadvantaged due to their less technological sophistication and poor orientation. Lately, the trend is changing and the awareness of Cryptocurrency and its benefits have reached these areas.
The Lack of adequate security of finances and privacy of parties involved and transaction details is why Cryptocurrency is preferred for transactions by many individuals including companies and corporate bodies. They have all come to appreciate the benefits of using digital assets for transactions. These digital assets are tokens (Coins) which are used for trading. They are other benefits DeFi presents apart from trading of tokens, they can be swapped, staked, or minted, etc.
Token Swapping is a Major feature of Cryptocurrency and it entails exchanging a token for another. This Crypto-to-Crypto swaps helps increase returns and that is the reason why it is a Hot Topic for Crypto users who look to switch to more viable alternative tokens.
INTRODUCING 123SWAP FINANCE
In the knowledge that Token Swapping provides huge benefits and is become a huge part of the entire Crypto Ecosystem, most Crypto users and enthusiasts have developed greater interest in learning about token and its value so as to take financial decisions in their direction. The fact remains that lots of token projects are just a huge sham and this has led to huge loses for so many holders. Also, sometimes, Token Swapping takes a whole lot of time to effect and this has hampered the process to a large extent.
To this effect, there had to be a platform that can help simplify the Swap Process and make it faster. 123SWAP offers a solution to these challenges. It offers an users a unique platform to perform all their token exchanges as well as other DeFi features seamlessly. The 123Swap Platform offers lots of DeFi benefits including Swapping, lending, borrowing, NFT minting, yield farming and staking. All these are major advantages this platform gives.
123SWAP AND NFTs
Non-Fungible tokens (NFTs) are digital works of art, memes, games and characters, collectibles, music, etc which are tokenised and sold for huge returns. They are termed as Non-Fungible because they are not exchangeable and Unique to the original source. These creations are sold in NFT enabled marketplaces for huge returns. 123swap platform provides a platform for such transactions, making it easier for creators to locate buyers. Asides being a Marketplace, it has a feature that involves NFT minting, bridging the gap between Decentralized exchanges (DEX) and Centralized Exchanges (CEX) in the Financial market.
WHY CHOOSE 123SWAP?
There are reasons why you should choose this platform over other competitors. First, it provides a seamless way of trading and Swapping tokens. It adopts an automated Swapping method that makes Swapping fast and easy. Also, it is less expensive to operate, saving you time and money. Another important attribute of this platform is that it allows you perform cross-chain asset swaps, letting you trade across Blockchains. It also enables direct peer-to-peer trading among parties and maintains a strict privacy policy. Staking features are also applicable and its support team is always on hand to attend to users and handle all issues in the shortest possible moment.
CONCLUSION
123SWAP presents users an opportunity to perform numerous Crypto activities easily and presents an opportunity to earn even more token through its staking and yield farming mechanism. It ensures that token Swapping is done in the shortest possible way, it is less cost intensive too. Using Smart Contracts, 123swap guarantees security of assets and ensures privacy of transaction details
This is certainly a platform worth being part of.
USEFUL LINKS;
Website : https://123swap.finance/
Whitepaper : https://docs.123swap.finance/123-token-sale/123swap-token-allocation
Twitter : https://twitter.com/123swapfinance
Telegram : https://t.me/my123swap_chat
Linkedin : https://www.linkedin.com/company/123swap/
Reddit : https://www.reddit.com/r/123swap/
Medium : https://medium.com/@123swap
Instagram : https://www.instagram.com/123swapfinance/
AUTHOR
Bitcointalk Username- Dividesug
Bitcointalk Profile- https://bitcointalk.org/index.php?action=profile;u=2767685;sa=summary
ERC-20 Wallet- 0x96C9cFfEa9328D6aC96160B515D293915A0b88f7
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