The crypto ETF platform, ETFSwap (ETFS), completed a record sale of 80 million tokens in just a day as it continues a massive bull rally weeks after the launch of its presale. The presale drew investors’ attention following the announcement of the platform to make crypto ETFs accessible to all and break the barrier preventing small-scale investors.
Now, for what seems to be the first time since the approval of Spot Bitcoin ETFs in the early part of the year, millions across borders and income levels can now trade ETFs using the ETFSwap platform.
Why ETFSwap (ETFS) is the leading crypto ETF platform?
ETFSwap (ETFS) is a decentralized finance (DeFi) platform that enables the trading of cryptocurrencies and exchange-traded funds (ETFs). In simple terms, it allows investors to swap crypto for ETFs that are linked to real-world assets in sectors such as technology, health, and oil & gas, among many others. This means users can invest both in crypto ETFs and traditional ETFs on the same platform and this novel innovation is the major reason thousands are signing up on the ETFSwap crypto ETF platform.
One of the top offerings of the ETFSwap is Perpetual trading, which allows long and short trading with up to 50x leverage. This feature enables traders to maximize gains by up to 5,000% across all listed ETFs. As a flexible trading platform, traders can also switch between crypto and ETFs in seconds without going through a third party.
More benefits for traders are the accessibility and low cost trading fees. ETFSwap (ETFS) completely eliminates the barrier to entry by requiring no KYC registration and offering 24/7 trading — allowing users to trade anytime and anywhere. Since all transactions are on-chain, no additional management fees are charged.
To ensure the complete safety of users, the platform has been audited by CyberScope, an industry leader in blockchain security, which has certified the platform and its smart contracts as safe to interact with.
ETFSwap also helps to ensure the success of investors by providing valuable trading tools such as ETF Finder and ETF Tracker. These tools help users find the assets which are best suited to their portfolios and track their performance over a period of time. This information can be invaluable to investors when making the best decisions for investments.
ETFSwap (ETFS) sets new record with 80 million tokens sold in one day
The first buzz around ETFSwap started when institutional and retail investors bought over one million tokens in just a few days of its token launch. The success has been steady until a massive surge occurred — ETFSwap (ETFS) sold 80 million tokens within 24 hours.
This historical milestone is strongly linked to the utilities offered by the token. For one, holding ETFS tokens is the only way to access the ETFSwap platform and begin trading ETFs on the blockchain. Furthermore, investors can participate in the liquidity pool and earn rewards of up to 36% monthly. There’s also the APR yield of up to 87% profit annually for staking ETFS tokens.
Holders also receive governance rights, allowing them to have a say in the future developments of the ecosystem. This ensures an engaged community and gives all holders a stake in making the ETFSwap platform a success.
4% of the total token supply has been earmarked for the community to incentivize them through airdrops, trading rewards, and more. This way, ETFS holders are continuously earning even when they are asleep.
Conclusion
The ETF sector is a trillion-dollar industry that has often eluded crypto investors due to the cumbersome process required to invest in them. However, with ETFSwap’s offerings, this nightmarish process is a thing of the past as a modern way to access the ETF market has been introduced.
Added to the platform’s value proposition, speculations that the SEC will approve Spot Ethereum ETFs have made investors more bullish on the ETFSwap (ETFS) token. This boost in confidence about crypto ETFs has drawn investors to purchase more ETFSwap, which is still in its first stage of presale and selling for $0.00854.
Disclaimer: This article is sponsored content and is not financial advice. NameCoinNews 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.
