November 9, 2024
What is decentralized finance (DeFi) and how does_y

Hybrid cryptocurrency exchange

The advent of cryptocurrency gave rise to the launch of different exchanges to facilitate the selling and buying of cryptos. Since then, we have had centralized cryptocurrency exchanges, decentralized cryptocurrency exchanges, and now hybrid cryptocurrency exchanges. As a digital asset, cryptocurrencies were met with challenges in their exchange on existing physical networks. This was the reason for the creation of different exchanges.

The limitations of both the centralized and decentralized crypto exchanges led to the creation of the hybrid cryptocurrency exchange. This specialized crypto exchange combines the positive features of centralized and decentralized exchanges. The hybrid crypto exchanges address all the shortcomings of centralized and decentralized exchanges. They adopt the usability and liquidity of centralized platforms and the anonymity and security of decentralized exchanges.

Here, users have total control of their funds and do not have to hand them over to any custodian. You can trade digital assets directly from your wallets while depositing tokens into the robust smart contract. The hybrid cryptocurrency exchange is undoubtedly the next generation crypto trading marketplace.

2021 has been the year of DeFi hype. To make the most from farming frenzy and crypto rally, traders kept juggling between the CEXs and DEXs. To fill the gaps, services providers are proactively looking for hybrid crypto exchange software that provides the benefits of both CEXs and DEXs into one. This means hybrid exchanges offer traders the liquidity and functionality of a CEX and top it with the security and privacy of a DEX.

The idea of BLMSWAP began with a group of traders who aimed to connect the crypto world to the current banking system. This is how the idea of BLMSWAP was born.

In the current crypto market, there are two showstoppers for traders. Gas fees and transaction speed. On the other hand, one of the biggest hurdles is that all services are not centralized in one platform, and it takes too long and lots of effort to get where you really want.

These are a few advantages of BLMSWAP:

· BLMSWAP designed to be faster than DEXs and support real-time service access.

· Users seek complete ownership of their funds even when the third parties regulate and operate the exchange.

· BLMSWAP provide complete privacy and anonymity to the exchange users.

· They are compliant with different digital currency laws in different jurisdictions.

· Protect users’ assets from hacks as the assets are stored in cold storage.

BLM Swap is a subsidiary of BLM-UK LTD (Company number: 12787128) which Incorporated on August 2020, BLMSWAP is attracting funds to support the development of the first of its kind hybrid cryptocurrency exchange, which will encompass the best features of traditional exchanges and offer blockchain technologies for brokers and investors.

BLMSWAP is launching its ICO in early 2022 and aims to attract 3.5 million USD ($3,500,000). Tokens are available for sale in BNB and you can purchase it from www.blmswap.io . The initial price of one token is 0.009 US dollar in ICO stage with huge potential. No tokens will be issued after the ICO.