Dubai, United Arab Emirates, December 2nd, 2020 (GLOBE NEWSWIRE) – XPocket offers a one-stop solution to buy, sell, receive, send and store cryptocurrencies. Users can expect highly secure multi-currency storage, fast cryptocurrency transactions and, furthermore, thanks to features such as PocketSwap, Agricultural productivity is NFT storage, XPocket is much more than just a crypto wallet – it’s a decentralized app that can meet the needs of even the most demanding blockchain investors.
PocketSwap
PocketSwap is a Multi-Blockchain DEX (Decentralized Exchange), similar to the popular Uniswap platform, but unlike Uniswap where you can only trade ERC-20 tokens, PocketSwap offers cross chain exchanges. Decentralized exchanges are becoming more and more popular as they allow for anonymous transactions. and give traders full control of their funds by exposing traders to innovative DeFi tokens, which are not usually listed on centralized exchanges.
DEXs like Uniswap, however, have been quite problematic so far. Uniswap has raised security concerns in the past with millions of dollars stolen by hackers. Furthermore, the user experience on Uniswap is known to be quite boring due to the reliability of a third party wallet application like MetaMask.
DeFi investors on Uniswap typically need to first buy bitcoin or other cryptocurrency on a centralized exchange (such as Coinbase), trade it for Ethereum, send ETH to the MetaMask wallet, link it to Uniswap, and only then be able to make the desired token purchase. The process not only takes a lot of effort, but also time when prices can show great volatility and make the investment no longer profitable.
With XPocket, all the steps listed above are completed in one app. Users can instantly and effortlessly purchase bitcoin or other cryptocurrencies using a credit or debit card and instantly exchange them for a DeFi token of their choice with the integrated DEX PocketSwap. Tokens are automatically stored in the wallet after purchase because the exchange app is also the wallet app.
One of the best features of PocketSwap is the low fees – the exchange fee is fair 0.3%. Of this number, 0.25% is divided among liquidity providers in proportion to their share. The remaining 0.05% of the commission goes to the first 150 XPocket token holders.
Agricultural productivity
Yield farming is a major reason for DeFi’s growing popularity. In simple terms, yield farming is all about lending digital assets so that, instead of being kept in a portfolio, they can be put to work. Usually, tokens are loaned to liquidity pools that boost DEXs. As users are rewarded for lending their assets with interest and fees, yield farming is a great way to quickly make money in the crypto ecosystem.
XPocket is the first cryptocurrency wallet with fully integrated yield farming. Users can lend their digital assets to the liquidity pools that power the PocketSwap decentralized exchange and earn money from trading fees as they do so.
So far, cryptocurrency wallets allow users to store only coins and tokens. XPocket is the first crypto multi-wallet solution that allows users to make money simply by keeping the cryptocurrency in your wallet simply by activating the return collection function.
NFT storage
Most of the multi-wallets on the market only support one type of Ethereum token: ERC-20 tokens. XPocket also provides dedicated support for another upcoming Ethereum token standard: ERC-721.
ERC-721 tokens are more commonly known as NFT – non-fungible tokens. The word non-fungible means that every single token is unique, as the intended purpose is to be digital collectibles. NFT tokens are similar to collectible stickers or works of art in the sense that each piece is unique and has its own value.
The idea of blockchain technology used for digital collectibles was popularized by CryptoKitties, but the NFT market has expanded and evolved considerably since then. In addition to simple collectibles such as virtual pets, users can collect and trade licensed sports cards and use these non-fungible tokens to power complex blockchain games.
Just like with real artwork and collectibles, some of the rarest NFT tokens can cost up to hundreds of thousands of dollars. Thanks to XPocket, NFT tokens can be easily stored, exchanged, received and sent on a secure wallet. A limited edition of XPocket collectibles on the open market can be expected soon, and the revenue from the sales will be used to purchase and burn POCKET tokens.
Do I want to know more?
XPocket is a fast growing project that continues to add new features to make sure it stays the only app that meets all the needs of crypto enthusiasts. If you want to stay connected, be sure to join XPocket’s social media channels:
Website | Twitter | Telegram Chat | Telegram Ads | Reddit | BitcoinTalk | Instagram | Facebook | Medium | Youtube
Media details –
Company name – Xpocket.finance
Email – [email protected]
Name -Nemanja Sindjelic
Country – Dubai, UAE
Website URL: https://xpocket.finance/
This news was posted for the source above. Xpocket.finance [ID=15527]
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