123swap is the Solution for Crypto and NFT Trading
123swap is the solution for trading all your favorite crypto-currencies and collectible games. You will be able to buy, sell, and trade these currencies through the same platform as trading your other financial assets.
Abstract
The rise of e-commerce in China has been nothing short of spectacular over the last two decades. In fact, according to the Chinese Ministry of Commerce, e-commerce sales in China reached
2.3 trillion yuan (US$195 billion) in 2018, up 43% from
This growth has been fueled by the fact that 88% of Chinese consumers now have access to the Internet, and many of them use the web to shop for everything from clothing to electronics and furniture to cars and houses.
But, while e-commerce is booming in China, it remains highly unregulated, which has led many foreign brands to struggle to get a foothold in the market. Local brands, on the other hand, are flourishing and today, they account for 70% of China’s retail sales. In fact, 90% of Chinese consumers say they trust local brands over foreign brands. This is why many multinational corporations with huge marketing budgets have set up shop in China hoping to ride the e-commerce wave right into the bank.
But, while e-commerce is booming in China, it remains highly unregulated, which has led many foreign brands to struggle to get a foothold in the market. Local brands, on the other hand, are flourishing and today, they account for 70% of China’s retail sales. In fact, 90% of Chinese consumers say they trust local brands
DeFi and NFT Platforms
The latest trend in the global cryptocurrency market is the use of DeFi platforms. In recent months, more and more people have been using DeFi to meet their various crypto needs. Therefore, a reliable exchange platform is needed in this case, so that users can trade more quickly, easily, and without hassle.
For now, several exchange platforms can be used by users. However, with the increasing variety of user demands and various limitations, these platforms are not enough. And because of that 123swap was launched to be a crypto solution for users. 123swap offers users a platform that will allow them to swap, hold, send, receive, earn, invest crypto and NFT easily and securely. 123swap will facilitate user trading, so they can trade more smoothly without any problems.
And not only that, 123swap also supports cross-chain trading or commonly called bridges. This allows users to be able to trade across chains. Because in the crypto market there are many tokens launched on several major chains, and 123swap wants to be the platform that will bridge this trade.
DeFi and NFT have been trending in the global crypto market in recent months. There are more and more people starting to use DeFi to meet their various
123swap Features
123swap is a platform launched for crypto users who want the simplicity and reliability of an exchange platform. The features offered by 123swap enable users to swap tokens easily and securely. 123swap will be a platform that will facilitate the exchange of users with high liquidity. But not only that, there are several other features of 123swap:
NFT: because NFT is currently trending, 123swap supports fast and secure trading of NFT tokens. In this way, users especially content creators can earn from trading their NFT tokens without any problems.
Yield: users who want to maximize their income can use the staking and farming features provided by 123swap.
Bridge: 123swap will be the platform that will bridge the trade across user chains. So users don’t have to bother to do cross-chain trades.
Governance: to be able to support the creation of a decentralized, fair and transparent ecosystem for all, 123swap will support a governance system that will allow users to participate in the governance platform.
Future Partners
123swap wants to better support the development of the platform in the future, so it’s planning to work closely with multiple partners, including EOS, Hedera Hashgraph, Huobi, Crypto.org, and others. It is hoped that by working with these platforms, the development and operation of 123swap can be better and more focused in the future so that users can get a platform that’s truly reliable for their various crypto needs.
Tokenomics
A platform that allows people to buy and sell without going through a broker is known as an Exchange. Token-based exchanges are different from fiat currency based exchanges. When you trade on a fiat currency exchange, you are always trading against the dollar or another fiat currency. However, when you trade on a token-based exchange, you are trading against something else — namely, the underlying value of that particular crypto coin or token. In other words, when you are buying a specific cryptocurrency on a crypto / token-based exchange, what you are actually doing is betting on the future value of that particular coin. This type of trading is very different from traditional Forex and stock market trading.
To summarize
There will be more people using DeFi features and NFT token trading, and because of this a reliable and secure crypto exchange platform is needed to become a more reliable and secure user trading facility. And 123swap is here as a crypto platform that will facilitate various crypto needs of users such as swap, staking, cross-chain trading, etc. 123swap will be a more fair and transparent decentralized crypto exchange platform for its users. Users can participate in the governance platform and get rewarded for it. 123swap has the vision to become a platform that will facilitate the various crypto needs of users easily, quickly, and securely.
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Learn more about the project:
Website: https://123swap.finance
Youtube: https://www.youtube.com/channel/UCVB5Z_9urfmdWvlZdVfR_Xw
Twitter: https://twitter.com/123swapfinance
Telegram: https://t.me/my123swap_chat
Facebook: https://www.facebook.com/123swapfinance
Linkedin: https://www.linkedin.com/company/123swap
Reddit: https://www.reddit.com/r/123swap
Medium: https://medium.com/@123swap
Instagram: https://github.com/123swapProject
Discord: https://www.instagram.com/123swapfinance
AUTHOR’S DETAILS:
Proof of authentication : https://bitcointalk.org/index.php?topic=5373494.msg58832234#msg58832234
BEP-20 Wallet Address: 0x80225865f3A9B4244b46f151d0e0A0932B405139
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1965346
Forum Username: morendx_77
