WHY 123SWAP COULD BE ONE OF THE MOST-PREFERRED CRYPTOCURRENCY TRADING PLATFORMS
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123Swap is a Decentralized Exchange (DEX) swapping platform that aggregates trade data and liquidity across multiple trading platforms. In this article, I will shed light on some of the reasons why I think that this platform would be massively adopted in the future.
123SWAP SIMPLIFIES TOKEN SWAPS
At the core of its functionalities is the simplification of the token swapping process. From cutting down on time spent on token swaps to reducing trading fees - 123Swap has made it easier to swap crypto tokens.
INSTANT ACCESS
You don’t need to create an account before you can use this platform. Simply visit the website and navigate to the token swap interface to start using it.
REDUCED TRADE FRICTIONS
If you are conversant with Decentralized Exchanges (DEXs), I would assume that you a thing or two about some of the downsides. Some DEXs tend to trigger frictions during trades. These frictions could be in the form of high trading fees or an increase in the slippage.
On the contrary, none of that happens on 123Swap. You would enjoy up to 25% discounts on trading fees, and on top of that, the discounted rates could later be used as airdrops. Second and most important, you are not expected to use high slippage to swap, because the 123Swap platform is already customized to adapt to low slippage transactions.
Besides, the platform uses what it calls the Smart Order Routing, which is a strategy used for splitting up transactions across many Decentralized Exchanges (DEXs).
AUTOMATED CALCULATIONS
Most of time, you may want to spend quality time calculating your transactions on a decentralized cryptocurrency trading platform. These calculations could be in the form of calculating your Profit and Loss or checking the yield of your staked tokens.
What if you can put your money to work for you and forget about the mathematics? What if you don’t need to keep an eye on the market all the day, taking note of your profit and loss?
123Swap does all the work for you! The auto-calculations features handle the calculation of the Profit and Loss (PNL) index, as well as working out the Annual Percentage Yield (APY) of the crypto tokens/coins you staked in the liquidity pool.
NON-CUSTODIAL
123Swap doesn’t play any role in the management of your crypto-assets. As a non-custodial trading platform, it allows the users to be in absolute control of their cryptocurrency wallets.
The private keys are not under 123Swap’s control either, making it fully independent of the assets of its users.
ROUND-THE-CLOCK
Anytime you have an issue, rest assured that 123Swap would be there to help. The 24-hour, 7-day support provided by the platform allows its highly-skilled and professional support team to be active all time of the day to help you in any way they can.
CONCLUSION
The explanations given above offer valuable insights into the 123Swap ecosystem, pointing out important factors, such as the excellent support team, the simplified trading process and the automation investment calculations.
The question now goes to you, “with all that has been said about this platform, would you like to use it sometime soon?”
USEFUL LINKS;
Website : https://123swap.finance/
Whitepaper : https://docs.123swap.finance/123-token-sale/123swap-token-allocation
Twitter : https://twitter.com/123swapfinance
Telegram : https://t.me/my123swap_chat
Linkedin : https://www.linkedin.com/company/123swap/
Reddit : https://www.reddit.com/r/123swap/
Medium : https://medium.com/@123swap
Instagram : https://www.instagram.com/123swapfinance/
AUTHOR’S DETAILS
Bitcointalk Username- Vunchan
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2774784
Wallet address: 0xC8811C579ed6caCdDb25Bb378887660D3CbD3340