2024 has been a rollercoaster year for the Binance exchange as it continues to battle regulators in several regions, including Nigeria and the Philippines. And the exchange had to cease operations in these countries.
However, amidst these regulatory hurdles is ETFswap (ETFS), an ETF trading platform that has positively attracted the attention of regulators and numerous investors in the cryptocurrency industry. This article explains what made the platform successful and how ongoing presales increased by 300%.
ETFSwap (ETFS): A Safe Alternative to Binance
ETFswap (ETF) is a blockchain platform that introduces on-chain exchange traded fund (ETF) trading through tokenization, unlike Binance, a centralized exchange. Tokenized ETFs will be offered on a comprehensive web3 marketplace tailored to the needs of trading experts and beginners with little or no knowledge of trading.
Tokenized ETFs directly represent existing ETFs on the blockchain, making it easy to track the progress of these assets to make informed decisions when trading. As a DeFi platform, new users can access the network without having to fill out know-your-customer (KYC) forms that are common on centralized trading platforms.
Users can also increase their profits and fractional ownership with up to 10x leverage on trades, which helps expand their portfolio across a variety of assets. One of the issues that makes the platform subject to regulatory scrutiny is its lack of security. ETFswap (ETFS) has therefore learned a lesson from the current regulatory hurdles on the Binance exchange by agreeing to an audit of its platform by Cyberscope, a world-renowned blockchain security company.
After rigorous testing, the company found that its smart contracts were free of critical issues and underlying conditions that could make them vulnerable to cyberattacks. Through this, ETFswap (ETFS) protects the interests of investors and the ecosystem. The platform also plans to work with other institutional partners in the industry to advance decentralized finance. This will also increase the likelihood of wider adoption in the blockchain industry.
ETFSwap (ETFS) Soars 10,000% During Presale
ETFS is the native token of the ETFSwap (ETFS) platform and serves a utility purpose, allowing users to access the platform’s features, including tokenized ETF trading. Holders can also participate in network governance by proposing proposals or voting. Additionally, token holders can earn passive income through mouth-watering APRs from the platform’s staking feature.
As the core of the ETFswap (ETFS) ecosystem, holding tokens is important for anyone looking to tap into the network’s limitless potential, and currently the only way to obtain them is to purchase them during an ongoing pre-sale event.
Currently, in Phase 1, ETFswap (ETFS) is offering tokens at a low price of $0.00854 per coin. However, in Stage 2, this increases to $0.01831, solidifying returns for all Stage 1 investors.
Experts are optimistic that the token will soon surge 10,000% to $1, creating a 100x return for all early investors. Automatic profit guarantees and optimism from experts have increased fear of missing out (FOMO) among investors, leading to a 300% rally with over 45 million tokens already sold.
Prior to 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 had invested $750,000, impressed by the ecosystem and the long-term value of the token. However, ETFswap (ETFS) has decided not to seek investments from venture capitalists (VCs) who may prioritize their own interests over the ecosystem and community. Instead, it allocated $750,000 to speed up the launch of the platform.
With only 3 days left until the end of Phase 1 Presale, now is the time to hurry and purchase these tokens. It has the potential to provide early investors with a 100x return on their investment and access to tokenized ETF trading.
For more information about the ETFS pre-sale, see:
Visit ETFSwap Presale
Join the ETFSwap Community
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