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Since the United States Security and Exchange Commission (SEC) approved spot Bitcoin ETFs, several crypto ETF trading platforms have emerged to offer investors opportunities to dabble in this new form of investment.
However, among the platforms offering these crypto ETF trading services, ETFSwap (ETFS) stands out with its unique approach to exchange-traded funds (ETFs) as it transforms how investors interact with ETFs through tokenization. This US guide will explain how ETFSwap (ETFS) operates and why it is the best crypto ETF trading platform in 2024.
ETFSwap (ETFS) is a blockchain-based crypto ETF trading platform that broadens access to exchange-traded funds (ETFs) to all in the crypto market through the tokenization of assets. On ETFSwap (ETFS), users are introduced to tokenized versions of ETFs, which are a direct on-chain representation of their traditional counterparts.
Traders on the crypto ETF trading platform can access the tokenized ETFs on a customizable Web3 marketplace designed to accommodate both experts and newbies. Further, compared to the traditional ETF trading platform, ETFSwap (ETFS) is not restricted to any specific trading hours, and users can carry out borderless and permissionless transactions with the help of smart contract.
ETFSwap (ETFS) also enhances users’ trading experience by introducing AI-powered trading tools capable of performing predictive analysis to determine an asset's subsequent trajectory.
As a decentralized crypto ETF trading platform, ETFSwap (ETFS) enables new users to start trading minutes after signing up by eliminating KYC requirements, which can sometimes be time-wasting.
Further, ETFSwap (ETFS) is protecting its users' identities since filing KYC forms requires them to disclose sensitive information that hackers can exploit online. Furthermore, recently SolidProof, a smart contract security auditing firm, verified the ETFSwap (ETFS) team after it passed its KYC requirements.
ETFSwap (ETFS) features ETFS, a standard ERC-20 token, as its native token. It serves a utility purpose, making it essential for all transactions carried out on the crypto ETF trading platform, including trading tokenized ETFs. ETFS will also be instrumental in converting tokenized ETFs to other crypto assets and vice versa.
Aside from making it possible to trade tokenized ETFs, ETFS will also grant token holders voting rights to participate in network governance, directly influencing the decisions made on the crypto ETF trading platform. Also ETFS was designed as a deflationary token; thus, its total supply will continue to shrink due to a burn mechanism, preventing overabundance and increasing its inherent value.
ETFS will have a total supply of 1 billion tokens, and ETFSwap (ETFS) has strategically allocated it to ensure fairness. Interestingly, 24% of the total supply has been allocated to the ETFSwap (ETFS) ecosystem and 6% to the team. ETFSwap (ETFS) knows that loyal supporters are a major backbone of any project and has thus allocated 4% to the community. In addition, 40% of ETFS's total supply was allocated to public presale, allowing users to grab it at a pocket-friendly price.
This US guide has discussed in detail how ETFSwap (ETFS) operates and how it has proved to be the best crypto ETF trading platform in 2024. It also explains the benefits users stand to gain if they hold the platform's native token, ETFS.
Currently, ETFSwap (ETFS) is offering the token at a low price of $0.01831 per coin in its ongoing presale event. Many are rushing to buy it now because its price will soon increase to $0.03846, giving them automatic profit.
As a cherry on top, experts speculate that ETFS will further increase in value to $3 ahead of launch and listing, resulting in over 200x profit for all early investors. In less than 30 days, ETFSwap (ETFS) will launch a beta version of its platform, and by 2025, it will launch its ETF, suggesting that it is moving fast toward the main platform launch. This window of opportunity is slowly shutting as the current presale round is about to end, so hurry and act now.
For more information about the ETFS Presale:
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
