Spot Bitcoin ETF Token Presale Exceeds $200,000 – Blockchain News, Opinion, TV & Jobs

User Avatar

ETFswap (ETFS) is reshaping the way the crypto industry interacts with Spot Bitcoin ETFs through the tokenization of assets, creating massive demand for the token presale.

The approval of the first Spot Bitcoin ETFs in January 2024 by the United States Security and Exchange Commission (SEC) opened the sector to new investments from new investors. Spot Bitcoin ETFs, however, are not very accessible to the broader members of the crypto community, but to the deep pockets in the crypto industry.

Satisfying, ETF Swap (ETFS) is reshaping the entire dynamic by making it possible for anyone in the crypto industry to invest in Spot Bitcoin ETFs and other related products. With ETFswap (ETFS) changing the status quo, the token presale has seen huge demand, raising over $250,000 in just a few days.

ETFSwap brings spot Bitcoin ETFs to the blockchain with tokenization

ETFswap (ETFS) is a blockchain platform that bridges the gap between decentralized and traditional finance by tokenizing exchange-traded funds (ETFs). By tokenizing and on-chain ETFs, the platform makes it accessible for all members of the crypto community to trade. By tokenizing traditional assets like Spot Bitcoin ETFs, ETFSwap (ETFS) will allow investors to easily track the progress of this asset before making trading decisions, minimizing losses for users.

For a smooth trading experience, ETFswap (ETFS) will provide a comprehensive web3 marketplace tailored to the needs of crypto newbies and experts in trading tokenized ETFs. However, experienced traders can take it a step further by using the platform’s up to 10x leverage to significantly increase their earnings.

See also  Bitfinex: Bitaxe Ultra is breaking new ground in open source Bitcoin mining hardware

To protect its ecosystem and investors, ETFswap has undergone an audit of its smart contract by world-renowned blockchain security expert Cyberscope. After a thorough review, Cyberscope found no critical issues or underlying conditions that could make the platform vulnerable to cyber attacks, making it secure. This means that users can invest directly on the blockchain in Spot Bitcoin ETFs, as well as ETFs from other sectors, without fear of losing their money to a third party.

At the heart of the platform is the native token ETFS, which makes it possible to trade tokenized ETFs and also access all other features on the platform, including staking and governance. Finally, as a DeFi platform, new users can access the network without filling out a Know Your Customer (KYC) form, which involves disclosing sensitive information online.

ETFS Token Presale Kicks Off After $750,000 Private Sale Raising

ETFswap (ETFS) held a private sales event to introduce its token and ecosystem to major investors in the crypto industry. During the event, two institutional investors and three angel investors invested a total of $750,000 in just three days. To generate user interest, ETFswap (ETFS) has refrained from including venture capitalists (VCs) in the sale due to their long-term goal of developing products that will benefit the ecosystem and users rather than targeting VCs.

This is because seeking investments from venture capital funds could result in a deviation from that plan, as they will be obliged to cooperate with the strategies of these investors even if it is not in the best interest of the platform.

See also  Bitcoin falls as Iran launches a missile attack on Israel

After these achievements, ETF Swap (ETFS) is working to accelerate the launch of the platform with the funds raised during the private sales. At the end of the private sale, the public presale went live, with the platform offering the token in phase one for $0.00854 per coin.

In phase two, the token price will rise to $0.01831, solidifying the gains for all investors in phase one. This certainty of profit has attracted crowds of investors eager to purchase this undervalued asset, bringing the number of tokens sold to over 40 million. Furthermore, experts are optimistic that the ETFS token is poised for a massive surge that will take its price to the $1 mark, with an increase of 10,000%.

Also, post-launch, the platform plans to collaborate with other renowned DeFi companies in the crypto industry to promote the growth of decentralized finance. Undoubtedly, such an alliance will ensure greater industry acceptance for the token.

For a platform that has yet to launch, ETFswap is the real deal with the potential to vastly expand investors’ portfolios and also ensure the safety of their investments. What are you waiting for? Join ETFswap today by pre-purchasing ETFS and earn a 100x return on your investment.

For more information about the ETFS presale:

Visit ETFSwap Presale

Join the ETFSwap community

Source link

Share This Article
Leave a comment