SWAAP: A PLATFORM FOR EFFECTIVE PAYMENT FOR CRYPTO USERS

kenzokavin (30)in #swaap • 4 years ago

•INTRODUCTION•

Making payments has always been a big part of the blockchain ever since the launching of the first digital coin ever. This is why so many platforms keeps trying to achieve this to make sure all the people interested in cryptocurrencies find an easy way to use digital assets and now the solution is intact with swaaps in the digital community, this would be achieved and all the users will find a safe way to make payments.

•WHAT IS SWAAP•

Swaap is a platform meant for crypto users. It is made to enable users make secure payment within the blockchain without negative consequences or interference by third parties. Now users are going to have a platform where just anyone can use, making payments and receiving the same at anytime with perfect liquidity and enabling the effective use of both fiats and digital assets . Swaap is a seamless platform already and has many use cases for the tokens which users would be given so potential users should be fine with a new payment method that works globally.

•FEATURES OF SWAAPS•

This platform is seamless in operation, very fast and reliable financially, giving all token users many use cases for the tokens they use. There is also provision for redemption even as the platform is very transparent as transactions done in it will be very effective.

The platform is complaint to the blockchain standard, also very reliable and takes security as pivotal. Funds of users in it will be kept and all true owners will be able to protect what is their through unique identification of their assets.

This innovation is universal, open for everyone on the blockchain and has the backing of so many range of assets. Decentralized features are used in the open source platform, SAP as swaaps token will always be available for users to improve their finances and enjoy financial transactions. This platform can help businesses on it to flourish by giving them a form of payment for their clients. Also, they can grow through the expansion that would be initiated by the platform, crossing the global market and improving their operations as well as reduce costs involved. Any business associated with this will level up and enjoy the level of intimacy with clients in the global market. Having the SAP, which is the token for this platform will make buying and selling less complicated, providing several ways by which users can help themselves and other users with the available funds they have. Legacy financial institution would be overwritten and all individuals in it will become able to spend their SAP on goods and services, providing tokens and easily redeploying them when necessary for both individuals and traders.

•ABOUT THE TRANSACTIONS ON THE PLATFORM•

All the transactions on this platform are processed in an unbiased way as they are considered to be a part of the blockchain. This is a way of providing solutions that benefits the entire community and also offer services as well as promising benefits. Liquidity can be accessed in this platform too through the use of various local and foreign currencies. This expands the liquidity pool and makes all the token redeemable as the SAP token is used. This token of Swaap will serve the entire users and the ecosystem will make sure they are able to redeem it at any time on the platform to Fiat currency without any difficulties when there is a need for any user to withdraw their funds or have them deposited in their bank account. This means that all users will easily have their wallets linked to their bank accounts to make this process possible. One bug importance of the liquidity pool is that, it is going to function as a big reservoir for all types of currencies, where they can be kept, or locked until they are needed or until the users/owners deem it fit to be redeemed. All these processes would be very transparent and trust would be involved as the users participate in it. Necessary information would be made available to the public at all times and audits would be carried out such that the volatility of the crypto market gain no ascendency over the programs of the users as they make use of various assets as well as currencies. Since this platform has a multi-currency feature and multiple asset as part of the features, it won't be affected by any adverse situation of the market neither will it be devalued.

•CONCLUSION•

When users require fiats or stablecoin, they would be given when necessary, the funds of users will be in their custody while regular ownership of the platform will be given to each user. Since so many risks are usually associated with the use of cryptocurrencies, they will be no more aas a result of the solution this platform offers the entire community.

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