FibSWAP publishes the world’s first decentralized exchange as an application on Android

0

News and research before you hear about it on CNBC and others. Request your weeklong free trial to StreetInsider Premium Here.


Dubai, United Arab Emirates – (Newsfile Corp. – December 27, 2021) – On January 4, 2022, FibSWAP will release the first DEX (decentralized exchange) as a phone application on Android devices. This phone application will be a DEX that can support tokens from different blockchains similar to the functions of your existing DEX.

FibSWAP DEx

To view an improved version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8203/108529_70d5781ad420db7c_001full.jpg

The phone application will serve as an extension to their current DEX with a new wallet that people can use to store all of their tokens.

FibSWAP is a multichain DEX (decentralized exchange) that has features that allow users to exchange tokens from different blockchains. This is important because the decentralized exchange is limited in terms of user experience and interoperability. FibSWAP closes this gap with its interoperable exchange and brings all these functions into one seamless phone application on January 4th 2022 on Android with the IOS application coming soon afterwards.

Decentralized exchanges are complicated and notorious for poor user interfaces and experiences, and are not interoperable with other chains. If a person wants to exchange an ETH token for a BSC token, the easiest way to do this is through a central exchange. Associated with this is a much higher level of trust.

With FibSWAP DEX, the user interface and experience are much more user-friendly, and users can now buy and exchange tokens from different chains such as ETH to BSC or Polygon to Fantom. Now they are bringing their decentralized platform together with a new wallet function into a seamless application on the first Tuesday of the year 2022.

This would be the first time that a decentralized exchange has been integrated as an application for a telephone. This is a monumental step in the crypto industry as people could now have direct access with their phones, eliminating the need to work on a desktop device to use a decentralized exchange.

People can download the FibSWAP app from the Google Play Store on Jan 4th.

AboutFibSWAP

FibSWAP has developed a new type of DEX, the Interoperable Multi-Chain Bridge System (IMBS), which uses FibSWAP’s smart algorithm to streamline cross-chain token swap. Users can use the bridge to swap tokens from one chain to another in a seamless and instant transaction.

Media contact:

Website – Telegram – Medium – Instagram – Twitter – DEX
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108529


Source link

Share.

Comments are closed.