The crypto industry is currently struggling against a bearish wind, which could be attributed to the post-halving sell-off by Bitcoin (BTC) miners. Several crypto assets in the crypto market, including Bitcoin (BTC) and Ethereum (ETH), have recorded severe drops in price value trading above $63,000 and $3,000, respectively, according to data from Coinmarketcap.
However, amidst these stormy conditions lies the ETFSwap (ETFS) platform, which has continued to record success in its massive presale event. Experts speculate that it has the potential to rise by 10,000% before launch. This article discusses the reasons behind ETFSwap’s success in a bearish market.
Revolutionizing the cryptocurrency ETF industry with the tokenization of assets
ETFSwap is a blockchain platform that enables the trading of exchange-traded funds (ETFs) on-chain through the tokenization of assets. By tokenizing ETFs, the platform allows traders of different portfolio sizes in the crypto industry to dabble in various assets, including precious metals, stocks, and real estate.
The traders on this platform can easily trade the ETFs through a comprehensive marketplace designed to accommodate crypto newbies and experts. They will also be able to track the progress of these assets before investing to make well-informed decisions.
ETFSwap (ETFS) will also feature seamless swapping services, enabling them to swap their tokenized assets easily. In addition, traders can increase their earnings with up to 10x leverage on trading offered on the platform. However, because of the risk associated with leverage trading, it is imperative to take caution when using this feature. Further, users can diversify and amplify their portfolio with fractional ownership.
As a decentralized platform, ETFSwap will also enable users to leverage decentralized finance functions like the ‘No KYC policy,’ which will allow new users to access the features on this platform without the need to divulge personal information. Also, as an added assurance of security, ETFSwap (ETFS) has agreed to the audit of its platform smart contract by Cyberscope, a world-renowned blockchain security firm. After a rigorous check, the firm certified the platform as safe and its smart contract as free from underlying conditions that can make it vulnerable to hacks.
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At the heart of the ETFSwap ecosystem is ETFS, a standard ERC-20 token that will act as the fuel driving its ecosystem and the key to accessing numerous functions on the platform, including trading tokenized ETFs. In addition, as a governance token, holders can participate in making decisions that affect the platform’s growth by creating and voting on proposals.
ETFSwap (ETFS) sells over 25 million tokens in ongoing presale
ETFSwap is currently offering ETFS at a low price of $0.00854 in its stage 1 public presale as an incentive for both large and small investors to get the opportunity to make profits. Participants at this stage will profit when stage 2 begins at a higher price of $0.01831 per coin. The assurance of profits has made investors rush in to get a piece of this undervalued asset, pushing the total amount of tokens sold to over 35 million.
Before the public sale, ETFSwap offered the token in its private sale events, introducing the platform to whale investors, who invested a total of $750,000. ETFSwap (ETFS) has allocated this fund to accelerate the launch of its platform. Before launch, experts speculate that the token has the potential to surge by 10,000%, giving all early investors a 100x yield on investments.
Also, the platform intends to partner with other large firms in the DeFi sector to boost the development of decentralized finance. Further, ETFSwap (ETFS) has decided not to seek investments from venture capitalists (VCs). The platform made these decisions as part of its long-term goal to develop products that would benefit its users and the ETFSwap ecosystem. However, taking investments from VCs could make them deviate as such investors could present other strategies that suit their interests.
All of these make ETFSwap a secured ecosystem, and a token brimming with the potential to provide massive yields on investment for investors in 2024. Join ETFSwap (ETFS) today by buying ETFS at presale to trade tokenized ETFs and make 100x yield on your investments.
For more information about the ETFS presale:-
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Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.
