Cryptomustar
Saturday, September 23, 2023
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Cryptomustar
No Result
View All Result
Home Press Release

FibSwap Takes on DEX Giants: Uniswap and PancakeSwapwith the Release of Their Multi-chain Bridge DEX

by Press Release
August 12, 2021
in Press Release
0
FibSwap Takes on DEX Giants: Uniswap and PancakeSwapwith the Release of Their Multi-chain Bridge DEX
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter

FibSwap DEX (FIBO), a cryptocurrency launched in July 2021, operating on the Binance Smart Chain (BSC) platform, launches an Interoperable Multi-chain Bridge System (IMBS) decentralized exchange (DEX), designed to allow users to swap tokens from one chain to tokens on another chain.

After working on the project for months, the company announced today the one-click solution for users to save time and effort moving and swapping tokens from the ETH network to the BSC network.  FibSwap aims to make it as easy to swap tokens from different chains as it is to swap on single-chain DEXs, like Uniswap and PancakeSwap.

Swapping tokens from one chain to another can be difficult and time-consuming. Using FibSwap to swap an ERC20 token to a BEP20 token takes less than 10 seconds and can be done by someone who is completely new to cryptocurrency.

Trading cross-chain can also be costly, which can discourage many users from trading cryptocurrency.  The FIBO token will help to lower fees across all chains.

By holding FIBO tokens users will know exactly how much each transaction will cost. FibSwap will also generate the lowest fees on the market with its unique lowest fee swap aggregator making transactions as cheap as possible.

FibSwap also gives back to its users by building in an 8% tax fee: 4% goes back to the holders of FibSwap, 2% goes to the developers and marketing, 1% goes to locked liquidity, and 1% goes to a children’s charity.

Lately, centralized exchanges (CEX) are not a secure avenue for trading cryptocurrency. Due to more vulnerabilities from hackers stealing tokens from users of the CEX, its trust is dwindling.

RELATED POSTS

GDEV Demonstrates Ongoing Commitment to Best Sustainability Practices

Schrodinger, The New Memecoin Sensation Based On A Unique Quantum Cat, Announces Successful Launch

“We are loyal to our holders, and that gives us the means to grow exponentially and create one of the most trusted DEXs in the crypto space,” says FibSwap owner, Fibonacci. “As opposed to a centralized exchange, the user remains in control of their private keys when transacting on a DEX platform. We solve a problem the whole crypto community has faced for some time. Today the crypto world will be able to swap any token to any blockchain.”

About FibSwap

FibSwap DEX (FIBO) is a cryptocurrency launched in July 2021, operating on the Binance Smart Chain platform. The FibSwap DEX is an Interoperable Multi-chain Bridge System (IMBS) that utilizes the FibSwap Smart Algorithm. This creates a bridge to swap tokens from one chain to tokens on another chain in one seamless, instant transaction.

ShareTweetShare

Related Posts

Linklogis’ Smart-Bee Won Global SME Finance Awards

GDEV Demonstrates Ongoing Commitment to Best Sustainability Practices

by Press Release
September 22, 2023
0

GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its second Sustainability Report, with examples...

Schrodinger, The New Memecoin Sensation Based On A Unique Quantum Cat, Announces Successful Launch

Schrodinger, The New Memecoin Sensation Based On A Unique Quantum Cat, Announces Successful Launch

by Press Release
September 22, 2023
0

Schrodinger, an ERC-20 memecoin, was launched on September 21st. It saw an incredible price growth of 22,000% in just 24...

MachinaTrader Launches a New Era of Algorithmic Trading with NFT Giveaways and Early Platform Access

MachinaTrader Launches a New Era of Algorithmic Trading with NFT Giveaways and Early Platform Access

by Press Release
September 22, 2023
0

NFT owners will also get a complimentary wearable for Decentraland and other virtual realms through an airdrop. The platform's early...

Beyond the Hype: Why Sonorus is More Than Just Another Music Platform

Beyond the Hype: Why Sonorus is More Than Just Another Music Platform

by Press Release
September 22, 2023
0

Sonorus' Innovative Approach to Redefine Music in the Digital AgeSonorus stands as more than just a Music Platform; it represents...

Beyond the Hype: Why Sonorus is More Than Just Another Music Platform

by Press Release
September 22, 2023
0

Sonorus’ Innovative Approach to Redefine Music in the Digital Age Sonorus stands as more than just a Music Platform; it...

POPULAR NEWS

EverCash is Taking BUSD Rewards to the Next Level

EverCash is Taking BUSD Rewards to the Next Level

March 17, 2022
BitMart Innovates with Exclusive “Vote to Earn” NFT

BitMart Innovates with Exclusive “Vote to Earn” NFT

September 21, 2022
MEXC Global Sets to Uplift DuckDAO in a Long-term Partnership

MEXC Global Sets to Uplift DuckDAO in a Long-term Partnership

September 17, 2021
HyperEarn Officially Opens Its Token IDO

HyperEarn Officially Opens Its Token IDO

May 24, 2022

Voyage in Paradise announces Plastik Funk as its official partner and NFT Art sneak peek

June 11, 2022

EDITOR'S PICK

First Mover Americas: Binance Returns to South Korea Via GOPAX

WazirX Calls Binance Allegations 'False and Misleading,' Plans to Seek Recourse

February 7, 2023
Xsolla Founder Launches X.LA Foundation on Blockchain

Xsolla Founder Launches X.LA Foundation on Blockchain

March 25, 2022
Bitcoin (BTC) Hovers Below $26K

Bitcoin (BTC) Hovers Below $26K

August 23, 2023
Ohio Joins $22.5M Multistate Settlement Against Crypto Lender Nexo

Ohio Joins $22.5M Multistate Settlement Against Crypto Lender Nexo

February 28, 2023

About

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Follow us

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Press Release
  • Regulation

Recent Posts

  • Six And Counting: The Global Bitcoin Billionaire Phenomenon Unveiled
  • Ethereum Staking Momentum Falling, What’s Going On?
  • How Has The Fed’s Decision Impacted The Bitcoin Price? Crypto CEO Weighs In
  • GDEV Demonstrates Ongoing Commitment to Best Sustainability Practices
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 cryptomustar.com

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 cryptomustar.com

  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • yfBetayfBeta(YFBETA)$4.27-0.10%
  • IDLEIDLE(IDLE)$1.44-12.39%
  • WPP TokenWPP Token(WPP)$0.006826-3.49%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Werewolf CoinWerewolf Coin(WWC)$0.098082-2.58%
  • PolkaBridgePolkaBridge(PBR)$0.439784-6.92%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • EvidenZEvidenZ(BCDT)$0.122949-3.85%