With the motive of providing the crypto community a secure, trustless & decentralized crypto trading platform, XcelSwap-A decentralized exchange was developed by XcelLab Ecosystem. XcelSwap runs on Binance Smart Chain and provides the DeFi community with a fantastic user experience. XcelSwap provides access to premium DeFi services such as swapping, staking, liquidity, and yield farming. With these services, users can earn interest and amazing rewards.
The secure and reliable DEX exchange, XcelSwap, is built to disrupt the traditional centralized trading system. The exchange is an Automated Market Maker (AMM). It means that the exchange uses permissionless liquidity pools. These liquidity pools are controlled through algorithms that assist the exchange to work automatically without depending on the market makers. Hence, XcelSwap operates in a decentralized manner without the involvement of any intermediaries and allows peer-to-peer secure online transactions.
XcelSwap has some distinguishing features that set it apart from other decentralized exchanges, which include:
Lower Trading Fees
XcelSwap is built on the Binance Smart Chain that is one of the cryptocurrency industry's fastest and most scalable blockchains. Therefore XcelSwap has lower trading fees usually as low as $0.2.
On XcelSwap, the transactions are processed quickly within a few seconds. The users therefore can always choose this exchange for faster settlements of the transactions along with efficient trading services.
On XcelSwap, users can stake their tokens and contribute to the liquidity pools to earn high interest and rewards. Liquidity providers can earn up to 600% Annual percentage yield (APY) on various farms.
The benefits for staking in XcelSwap include a 30 percent APY reward for early withdrawal, and 100 percent APY for full maturity.
With the help of a governance token, XceDefi ($XLD), users get the right to vote for XcelSwap project amendments and developments based on their holdings.
On the secure DEX XcelSwap, the minimum staking period is 72 hours which is relatively novel in the industry because the majority of decentralized exchanges set the minimum staking period as high as 14 days.
XcelSwap intends to enable multichain swapping on its platform in the near future by integrating SOLANA, FTM, and POLYGON blockchains, among others.
Join the XcelLab crypto community on telegram and follow XceSwap on different social handles to stay updated. Become a part of the fostering defi and crypto community with XcelSwap.
Swap, Stake and Earn with next-generation DeFi exchange XcelSwap and enjoy lower fees, speedier transactions, and greater rewards!