Investors who bought BNB at its initial coin offering (ICO) in 2017 witnessed enormous returns as the token’s value sharply increased. Subsequently, crypto investors have begun to look for the next BNB, and a top crypto trader on Binance has revealed that the coin is ETFSwap (ETFS). The crypto trader believes ETFS is poised for similar growth as it is set to transform the cryptocurrency trading landscape with its novel approach of establishing a hybrid exchange.
ETFSwap (ETFS) poised for explosive growth in cryptocurrency trading
According to a renowned cryptocurrency expert, ETFSwap is one of the ETFs that could increase your wealth by 100x by 2024. This is because the platform provides access to conventional Exchange Traded Funds (ETFs) in a decentralized setting, offering a unique value proposition. Consequently, there is a great deal of demand for its native token ETFS, which is used throughout its ecosystem.
Tokenization on its blockchain platform enables ETFSwap (ETFS) to easily include reputable financial instruments into investors’ portfolios for cryptocurrency. By eliminating the requirement for conventional brokerage accounts, this connection promotes increased efficiency and accessibility.
ETFS aims to improve liquidity and ease user access while reducing obstacles across their developing market by utilizing state-of-the-art trading systems. By tokenizing traditional assets, such as cryptocurrency exchange-traded funds, ETFSwap would make it easier for investors to follow the movement of their assets before they make any trading decisions, hence lowering user losses.
The ETFSwap ecosystem’s native coin, ETFS, encourages involvement with a strong staking mechanism. A portion of the trading fees collected by liquidity pools goes to the users in a unique revenue-share program developed by the time. Token holders also have the opportunity to participate in governance, allowing them to chime into the development of the ETFSwap (ETFS) platform.
CyberScope, a renowned cybersecurity audit company, thoroughly examined ETFSwap with extreme attention to detail, and no vulnerability was found. The goal of ETFS is to offer fresh coin offers in addition to tokenized versions of current ETFs, enabling users to explore other fields, such as tokenization of individual equities, commodities, and healthcare. This diversification by the ETFSwap ecosystem will close the gap between traditional and DeFi investing, drawing in more consumers as a result.
Analysts bullish on BNB despite recent downturn
The cryptocurrency world was taken aback by BNB’s meteoric rise following its ICO in 2017 when investors bought the token for less than $1. Due to scalability problems caused by an excess of traffic on the Ethereum blockchain, BNB moved to the Binance Smart Chain (BSC) blockchain. This encouraged developers to adopt BNB and drove up the price of BNB to an all-time high of $690 in May 2021.
While the bear market may have influenced the BNB price, analysts foresee a potential rise in the token’s value to surpass its current $617 mark during the upcoming bull market, driven by increased trading activity observed in recent weeks.
ETFSwap (ETFS) presale draws significant investor interest
The ETFSwap attracts crypto traders to the trillion-dollar ETF market, where they can maximize their profits while trading directly with cryptocurrencies. This offers a unique opportunity that is similar to the utility that pushed the BNB price from less than $1 to more than $600.
Over 70 million ETFS tokens have already been sold during the first phase of the public presale at a price of $0.00854. However, stage 1 is still open at this affordable price that offers immense opportunity.
It is anticipated that in the second stage of the presale, the price will soar quickly to $0.01831, ensuring a significant 120% profit for Stage 1 participants.
For more information about the ETFS presale:-
Visit ETFSwap Presale
Join The ETFSwap Community
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.
Credit: Source link
