The platform aims to become the leading decentralised finance protocol by providing better prices, faster response times, simpler procedures, and low slippage rates than any other aggregator or swap on the market.
October 22, 2021 —
123swap finance is drumming up efforts to provide the world’s top decentralised exchanges (DEX), which are a type of cryptocurrency exchange that enables direct peer-to-peer cryptocurrency transactions online securely and without the need for an intermediary.
“Decentralised exchanges have been brought to the fore due to the challenges faced by centralised exchanges that require complex KYC and AML procedures and are really prone to cyber-attacks. That’s where 123swap exchange comes into the narrative,” explains Tomas Ambrazas, Co-founder & CEO at 123swap.
123swap platform is a decentralised finance ecosystem that facilitates seamless peer-to-peer swapping of crypto-assets. It provides easy to access, transparent and convenient exchanges, earning and investment management solutions, all without the need of any intermediatory. The platform intends to simplify the cryptocurrency exchange system while generating the lowest possible slippage.
The 123swap platform offers a range of Defi solutions across multiple chains in blockchain assets: Swapping, Lending, Borrowing, Staking, Yield Farming, and NFT Minting.
“123swap finance is revolutionising the game because it seeks to simplify the management of crypto assets,” explains Tomas. The platform aims to become the leading decentralised finance protocol by providing better prices, faster response times, simpler procedures, and low slippage rates than any other aggregator or swap on the market.
123swap intends to do this by building the next-gen financial ecosystem, leveraging blockchain technology, and expanding the use of cryptocurrencies for purchase and payments across the business world.
The innovative platform also seeks to eliminate financial barriers, evolve the global economy, and change the world for the better. It bats for a seamless user experience by providing access to the entire crypto market in one place without ever compromising on the private keys.
The 123 swap Business Model consists of the following elements: 123swap, a seamless peer-to-peer crypto assets swap platform; 123nft, the NFT minting and peer-to-peer NFT swap platform; 123yield, a platform to deposit crypto-assets and earn the most optimised interest rate; 123bridge, which features access to low-interest, stable coin loans using crypto assets as collateral; and 123gov, which represents voting power on a blockchain project.
Using both open-sourced and proprietary lending protocols, the platform allows the lenders to offer direct cross-chain, multi-asset loans to users in order to earn interest on their crypto assets.
THE 123swap finance core team consists of various industry leaders and global representatives with broad experience encompassing Fintech, AI, Blockchain, Marketing, and Business Development industries.
The platform aims to expand the team further by incorporating more than 100 global representatives across verticals and making 123swap the leading decentralised exchange platform.
123swap finance works with a security consulting company that specialises in information security incident management for government institutions (ensuring regulatory compliance). The company is compliant with different legal acts governing information security, security standards, such as SoX, PCI, DSS, etc.
Investors and users who want to learn more about 123swap finance may visit its website for more information.
Release ID: 89050158