The cryptocurrency ecosystem has evolved over the past years with presales emerging as an alternative way of creating wealth. Retail and institutional investors join the presale bandwagon sourcing for undervalued projects before they debut. This positions the early market participants as pioneers of great projects. BinoFi is a new digital platform with an ongoing presale that has created a life-changing opportunity for crypto savvy investors. The presale enables investors to purchase BINO tokens at an initial discounted price of just $0.020.
BinoFi Proves a Merger Between CEXs and DEXs is possible
Cryptocurrency exchanges play a pivotal role in growth and development of the DeFi ecosystem. These exchange platforms offer scalability, deep liquidity, fast executions, and friendly user interfaces. Centralized Exchanges offer these elements while voting for advanced trading factors such as margin and derivatives. Nevertheless, they tend to have rampant insecurities and are custodial as users lack access to their private keys.
Decentralized Exchanges are also key contributors in blockchain as they offer security, non-custodianship, and promote trust amongst users. DEXs also have inconveniences such as high gas fees, liquidity constraints, and slow transactions.
BinoFi merges the two exchange systems by capitalizing on their individual merits to achieve users’ needs. The digital platform offers its users the opportunity to trade effectively using CEX’s deep liquidity and quick transactions. The exchange’s hybrid model allows enthusiasts to have full custody of their private keys offering a secure trading and investing environment.
Additionally, BinoFi offers its users the opportunity for gasless transactions, and cross-chain interoperability. Users can conduct trades on assets beyond multiple distributed ledger platforms in a single interface. This can be conducted without switching to multiple networks or wallets. BinoFi users can execute these trades through blockchain platforms like Ethereum, Solana, BSC, and Polygon.
BinoFi Presale sells 1.3M Tokens
Similar to other digital exchanges, BinoFi has its native token, BINO, which powers its ecosystem. BINO is used to facilitate transactions within the platform, staking, liquidity incentives, and fee discounts. After announcing its presale, investors got excited and have initiated a buying frenzy.
The project sold 1.3 million tokens in just a few hours after going live. The presale’s first phase is selling fast, with the next stage just days away, showing the strong demand for BINO tokens and the bullish investor sentiment around the project’s utility. BinoFi’s unique utility could propel its price by more than 700% shortly after the project goes live on mainnet.
Users who purchase BINO at its initial stages have a variety of perks, including taking part in the DeFi protocol’s governance through BinoFi’s DAO. These users are eligible to participate in decision making such as voting on trading pairs to be utilized, key upgrades on the protocol, and other ecosystem incentives. Governance is a crucial element in BinoFi since it affects liquidity allocation, staking yields, and fee structures.
The platform also allows users to earn income through copy trading and trading using its inbuilt AI mechanisms. Users can unlock premium AI trading tools on the BinoFi trading platform. This type of trading only demands staking deposits or BINO payments. BinoFi participants also earn several rewards through trading engagements such as gamified incentives. These rewards encourage liquidity provision and high-momentum trading.
While the crypto industry is evolving fast, the exchange sector has been stagnant for years. With BinoFi finally bringing something new to the table, investors are taking interest in its native token. BINO tokens are expected to be listed at $0.30, that means investors that participate in the presale are looking at around 1200% in profits even before BinoFi goes public.
Learn more about BinoFi:
Website: https://binofi.com
Whitepaper: https://whitepaper.binofi.com
Telegram: https://t.me/binofilabs
Twitter: https://x.com/Binoficom
CoinMarketCap: https://coinmarketcap.com/currencies/binofi/
