KINGSWAP: A DEFI PROJECT FOR CURRENCY CONVERSION

in #blockchain4 years ago

IMG_20201101_175925.jpgCredit

INTRODUCTION

Kingswap on the blockchain is a new platform with liquidity pool, offering decentralized services to traders and providing permanent solution to the use of digital assets. Kingswap's new invention will overwhelm the provisions of uniswap to make the DeFi financial transactions advance more in terms of quality services and customer interaction. Since the blockchain started adopting the concept of decentralized finance, so many improvements have been seen in the financial world and now it is time to make currency conversion possible with the use of Kingswap.

ABOUT KINGSWAP

Kingswap according to its name is topmost platform capable of conversion of digital currencies and swapping. It is more useful than uniswap in the sense that it is a higher than what uniswap could offer. Its solutions are impressive and also full of the blockchain highlights such that the platform becomes friendly and more useful with all of those features. Other platform have poor solutions and hardly give rewards but this platform is uniquely different.

This platform however stands as a legal entity that is recognized by its token, $KING. It has independently designed its protocol and is an incentivizer of users based on the way it was designed. This platform comes very handy when traders seek to use different cryptocurrencies for trading or when there is need to trade across different borders. It actually overrides all other Defi projects as a legal structure that it is and is backed by a very strong team that keeps the concept alive. Since it is complaint to law, it provides benefits that makes it very useful and is able to sustain its solutions to always be in the position to reward the contributors.

KINGSWAP'S FIAT TO CRYPTO CONVERSION

So many times traders have tried converting their fiats to cryptocurrencies but haven't been able to do that. This platform makes it possible without the need for any complex process which of course has been the way it was done. This Dex eliminate the lengthy process with the OTC portal created to achieve the all in one purpose. All users with fiats can easily converts them to the $KING tokens and then to other cryptocurrencies. Using this feature is very important and asides from this one, users can also make payments of transactions without even dealing with cash or cryptocurrencies. This will be done with the use of the cashless payment feature. This is linked to off-ramp and even with the use of the unionpay network.

The liquidity in this platform is very unique in terms of liquidity and in almost similar manner, it exhibits some features of uniswap and sushiswap. However, it is even more accepted and great in terms of liquidity because now users can add to its liquidity when they choose to do so. Doing so attracts rewards in the platform and even if you don't do so, you can still be incentivized.

CONCLUSION

This platform will begin distributibg free tokens to all the pledged users in the platform. This should make you join and have access to other useful features of the platform.

USEFUL LINKS
Website: https://kingswap.io/
Twitter: https://twitter.com/defi_kingswap
Discord: https://discord.com/invite/fD2DrJY
Github: https://github.com/KingLuigy/KingSwap
LinkedIn: https://www.linkedin.com/company/kingswap
Telegram: https://t.me/kingswap

AUTHOR'S DETAILS
Bitcointalk Username: Helpbrick
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767516

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