Review Soku Swap 100% decentralized cryptocurrency exchange
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SOKU, #SokuSwap #DeFi #DEX #Bitcoin #bestcryptocurrency
Introduction.
Soku Swap. Imagine being able to trade from one wallet, on one decentralized exchange, but on both the Ethereum Network and the Binance Smart Chain. And imagine getting airdrops every week, just for using the exchange. Well stop imagining. Soku Swap Token Sale just launched and the Exchange is coming very soon. The Token Sale will last only one week so get your coins at this discounted rate while you can. Knowing that the biggest obstacle to entry is the lack of education and knowledge on how to trade cryptocurrency, they decided to focus on it. With on-screen chat features to answer any questions you may have and step-by-step on-screen instructions, anyone can trade. And if you still want to know more, they have classes that you can get paid in crypto to complete. You can even get paid to send people to class. Soku Swap also has some perks, such as allowing users to make decisions about the future of DEX using our governance token. And we even have weekly payments to everyone who has placed liquidity and makes 3 trades per week.
WHAT IS SOKU SWAP??
Soku Swap is a decentralized exchange (DEX) hosted on Ethereum Network and the Binance Smart Chain.
Soku Swap is a decentralized exchange (DEX) hosted on Ethereum Network and the Binance Smart Chain. The DEX uses automated market maker smart contracts to create liquidity pools of both ERC-20 tokens and BEP-20 tokens. The features allow users to trade using an algorithm versus an order book used on conventional exchanges.
Soku Swap is a fully decentralized cryptocurrency exchange that uses a relatively new type of trading model called an automated liquidity protocol. Soku Swap operates on both the Ethereum Network as well as the Binance Smart Chain.
FEATURES OF THIS PROJECT
More Ways to Earn
Soku Swap offers many ways for users to earn money. From providing liquidity to trading or taking advantage of abitrage using flash loans. Imagine making arbitrage trades with Pancake Swap or Uniswap for Millions of Dollars using our coins in our easy to use Flash Loan System.
Not Just a Trader Here,
You’re More Like an Owner
With SOKU, our governance token, you can help decide the future of the exchange. And if you make a few trades each week you’ll also get a small portion of the trading volume. The more the exchange grows, the more your payments grow. Plus you get to make decisions about what services should come first. If you stash enough of those SOKU, we might have to get you a parking spot with your name on it.
Two Networks, One Exchange
On Soku Swap, you can make trades on the Ethereum Network and the Binance Smart Chain. Ethereum being the largest decentralized network in the world of blockchain, it’s impossible to run an exchange without using it. But along with size comes other problems. Binance Smart Chain came along recently and helped alleviate those issues. With faster trades and lower fees, Binance is definitely one to watch out for. We feel that they are both important and want to make sure our users have the options to make their trades wherever they’d like.
Crypto Classes Are My Favorite!!
Have you ever had to try to explain crypto to somebody? I’m sure you have, we all have. We know it’s a headache but we try to educate the people we know because we care about them. Well imagine if you could send them a link to some free crypto classes, and the more classes they do the more you both earn. And don’t worry, we’ll keep them short and fun. We want to make learning easy and profitable for everybody.
Suko Swap Live Onscreen Chat
What’s the one thing people really hate about crypto exchanges? Is it the major lack of customer service? I know that was one of our teams major complaints. So we decided to fix that. We’re going to have live chat 24 hours a day to make sure that you never have a question that you can’t get answered. No matter where in the world you might be, there will be someone one click away to help if you ever need.
No KYC = Privacy
Centralized exchanges require all customers to fill out forms identifying themselves. You need to provide your name, date of birth, Social Security, blood type, dna sample, etc, etc. You get my drift. Crypto was born to be a decentralized currency that couldn’t be controlled and monitored. With the freedom of the DEX, you just need to connect your wallet and make your trades.
The Decentralization of Currency
The advent of blockchain technology and cryptocurrency has allowed millions of users across the world to achieve privacy, freedom and stability. The idea of decentralization in the crypto space is to give users control over their funds, investments and privacy without any interference from banks and third parties. In addition to this, decentralization solves the problem of corruption, inefficient services and systemic failures within the financial system.
Cryptocurrency is virtual currency built on blockchain technology to record and facilitate transactions. The system is decentralized, which means the currency owned by users is not co-owned or managed by a third party, such as governments or financial institutions. Cryptocurrencies may be bought online through centralized or decentralized exchanges
Rise of Decentralized Cryptocurrency
Bitcoin was the first decentralized cryptocurrency to be developed by pseudonymous developer, Satoshi Nakamoto in 2009. However, the development didn’t stop there. In 2011, Name Coin and Lite Coin were developed. Today there are over 6,7000 types of cryptocurrencies available according to CoinMarketCap.com. The electronic currency, though not familiar to the majority, was intended to give users power over their own finances, removing banks and third parties from the equation.
Decentralized Finance (DEFI)
DeFi allows for financial products to be readily available to the public through a decentralized blockchain network. It is system software written on the blockchain that makes it possible for buyers and sellers, lenders, and borrowers to directly interact with decentralized software.
It cuts contacts with the third party companies handling the transactions. DeFi generally uses smart contracts, designed by the buyers and sellers, making financial products possible.
Decentralized Exchanges (DEX)
This new system of currency came with its fair share of disadvantages. Having a centrally managed exchange, which held all the electronic cash in one place, attracted cyber-attacks and hacks from every corner. This created a shift towards pure decentralization, allowing users to have full control over their crypto wallets, directly interacting for transactions only, allowing for maximum security. This gave rise to decentralized exchanges.
A decentralized exchange is a crypto marketplace that directly connects cryptocurrency buyers and sellers. The previous generation of decentralized exchanges used order books which consisted of records of all open buy and sell orders. However, the newer generation of decentralized exchanges use liquidity pool protocols to determine asset pricing. They also execute trades between user wallets instantly. They are mostly referred to as swaps.
Lacking centralized management, it operates under smart contracts that self-execute under set conditions. The system also records every transaction to the blockchain. Due to its decentralized nature, a DEX has several advantages.
- Lower transaction fees: With the availability of smart contracts, transacting on a DEX is cheaper than transacting on centralized systems.
- Security: Since no third party has access, the currency is secured and well ensured by a digital signature.
- Privacy: Unlike the centralized system, users are not required to give out personal details to any third party.
- Financial inclusiveness: a DEX creates an equal and inclusive ecosystem allowing users across the world to utilize their services.
SOKU Token ICO
SOKU is a governance token of Soku Swap that allows holders to vote on upcoming upgrades and changes to the exchange. Community members and team members can propose any new ideas to the platform, which are then reviewed, vetted, and voted on by token holders. Proposals with the maximum vote will go to the Soku Swap “Treasury” where the funding is provided to implement the changes.
The upcoming ICO starts on 3 May 2021 (3PM UTC) until 7 May 2021. In order to take part or find out more about Soku Swap’s whitepaper, future plans, team and tokenomics visit sokuswap.finance
Soku Swap. Imagine being able to trade from one wallet, on one decentralized exchange, but on both the Ethereum Network and the Binance Smart Chain. And imagine getting airdrops every week, just for using the exchange. Well stop imagining. Soku Swap Token Sale just launched and the Exchange is coming very soon. The Token Sale will last only one week so get your coins at this discounted rate while you can. Knowing that the biggest obstacle to entry is the lack of education and knowledge on how to trade cryptocurrency, they decided to focus on it. With on-screen chat features to answer any questions you may have and step-by-step on-screen instructions, anyone can trade. And if you still want to know more, they have classes that you can get paid in crypto to complete. You can even get paid to send people to class. Soku Swap also has some perks, such as allowing users to make decisions about the future of DEX using our governance token. And we even have weekly payments to everyone who has placed liquidity and makes 3 trades per week.
WHAT IS SOKU SWAP??
Soku Swap is a decentralized exchange (DEX) hosted on Ethereum Network and the Binance Smart Chain.
Soku Swap is a decentralized exchange (DEX) hosted on Ethereum Network and the Binance Smart Chain. The DEX uses automated market maker smart contracts to create liquidity pools of both ERC-20 tokens and BEP-20 tokens. The features allow users to trade using an algorithm versus an order book used on conventional exchanges.
Soku Swap is a fully decentralized cryptocurrency exchange that uses a relatively new type of trading model called an automated liquidity protocol. Soku Swap operates on both the Ethereum Network as well as the Binance Smart Chain.
FEATURES OF THIS PROJECT
More Ways to Earn
Soku Swap offers many ways for users to earn money. From providing liquidity to trading or taking advantage of abitrage using flash loans. Imagine making arbitrage trades with Pancake Swap or Uniswap for Millions of Dollars using our coins in our easy to use Flash Loan System.
Not Just a Trader Here,
You’re More Like an Owner
With SOKU, our governance token, you can help decide the future of the exchange. And if you make a few trades each week you’ll also get a small portion of the trading volume. The more the exchange grows, the more your payments grow. Plus you get to make decisions about what services should come first. If you stash enough of those SOKU, we might have to get you a parking spot with your name on it.
Two Networks, One Exchange
On Soku Swap, you can make trades on the Ethereum Network and the Binance Smart Chain. Ethereum being the largest decentralized network in the world of blockchain, it’s impossible to run an exchange without using it. But along with size comes other problems. Binance Smart Chain came along recently and helped alleviate those issues. With faster trades and lower fees, Binance is definitely one to watch out for. We feel that they are both important and want to make sure our users have the options to make their trades wherever they’d like.
Crypto Classes Are My Favorite!!
Have you ever had to try to explain crypto to somebody? I’m sure you have, we all have. We know it’s a headache but we try to educate the people we know because we care about them. Well imagine if you could send them a link to some free crypto classes, and the more classes they do the more you both earn. And don’t worry, we’ll keep them short and fun. We want to make learning easy and profitable for everybody.
Suko Swap Live Onscreen Chat
What’s the one thing people really hate about crypto exchanges? Is it the major lack of customer service? I know that was one of our teams major complaints. So we decided to fix that. We’re going to have live chat 24 hours a day to make sure that you never have a question that you can’t get answered. No matter where in the world you might be, there will be someone one click away to help if you ever need.
No KYC = Privacy
Centralized exchanges require all customers to fill out forms identifying themselves. You need to provide your name, date of birth, Social Security, blood type, dna sample, etc, etc. You get my drift. Crypto was born to be a decentralized currency that couldn’t be controlled and monitored. With the freedom of the DEX, you just need to connect your wallet and make your trades.
The Decentralization of Currency
The advent of blockchain technology and cryptocurrency has allowed millions of users across the world to achieve privacy, freedom and stability. The idea of decentralization in the crypto space is to give users control over their funds, investments and privacy without any interference from banks and third parties. In addition to this, decentralization solves the problem of corruption, inefficient services and systemic failures within the financial system.
Cryptocurrency is virtual currency built on blockchain technology to record and facilitate transactions. The system is decentralized, which means the currency owned by users is not co-owned or managed by a third party, such as governments or financial institutions. Cryptocurrencies may be bought online through centralized or decentralized exchanges
Rise of Decentralized Cryptocurrency
Bitcoin was the first decentralized cryptocurrency to be developed by pseudonymous developer, Satoshi Nakamoto in 2009. However, the development didn’t stop there. In 2011, Name Coin and Lite Coin were developed. Today there are over 6,7000 types of cryptocurrencies available according to CoinMarketCap.com. The electronic currency, though not familiar to the majority, was intended to give users power over their own finances, removing banks and third parties from the equation.
Decentralized Finance (DEFI)
DeFi allows for financial products to be readily available to the public through a decentralized blockchain network. It is system software written on the blockchain that makes it possible for buyers and sellers, lenders, and borrowers to directly interact with decentralized software.
It cuts contacts with the third party companies handling the transactions. DeFi generally uses smart contracts, designed by the buyers and sellers, making financial products possible.
Decentralized Exchanges (DEX)
This new system of currency came with its fair share of disadvantages. Having a centrally managed exchange, which held all the electronic cash in one place, attracted cyber-attacks and hacks from every corner. This created a shift towards pure decentralization, allowing users to have full control over their crypto wallets, directly interacting for transactions only, allowing for maximum security. This gave rise to decentralized exchanges.
A decentralized exchange is a crypto marketplace that directly connects cryptocurrency buyers and sellers. The previous generation of decentralized exchanges used order books which consisted of records of all open buy and sell orders. However, the newer generation of decentralized exchanges use liquidity pool protocols to determine asset pricing. They also execute trades between user wallets instantly. They are mostly referred to as swaps.
Lacking centralized management, it operates under smart contracts that self-execute under set conditions. The system also records every transaction to the blockchain. Due to its decentralized nature, a DEX has several advantages.
- Lower transaction fees: With the availability of smart contracts, transacting on a DEX is cheaper than transacting on centralized systems.
- Security: Since no third party has access, the currency is secured and well ensured by a digital signature.
- Privacy: Unlike the centralized system, users are not required to give out personal details to any third party.
- Financial inclusiveness: a DEX creates an equal and inclusive ecosystem allowing users across the world to utilize their services.
SOKU Token ICO
SOKU is a governance token of Soku Swap that allows holders to vote on upcoming upgrades and changes to the exchange. Community members and team members can propose any new ideas to the platform, which are then reviewed, vetted, and voted on by token holders. Proposals with the maximum vote will go to the Soku Swap “Treasury” where the funding is provided to implement the changes.
The upcoming ICO starts on 3 May 2021 (3PM UTC) until 7 May 2021. In order to take part or find out more about Soku Swap’s whitepaper, future plans, team and tokenomics visit sokuswap.finance
TOKENOMICS
Name: Soku
Base price: $ 0.88
Blockchain: BSC
Total Token Supply: 222,222,222
Symbol: SOKU
Total tokens available for Sale: 111,111,111
Type: BEP-20
Purchase methods: BNB, ETH, BTC, USDT
Softcap: 100,000 SOKU
Hardcap: 1,000,000
TOKEN DISTRIBUTION
ALLOCATION OF FUND
Roadmap
Core Team
Ryan White: Founder/CEO
Dr. Nisheta Sachdev: Marketing Specialist
Sammy Arora: Marketing Specialist
Demari Cameron: Front-End Lead
David Lee: Back-End Lead
Ferdinand Smith: Communities Manager
Katie Chau: Advisor
Ron Belk: Advisor
Jeffrey Commons: Advisor
Name: Soku
Base price: $ 0.88
Blockchain: BSC
Total Token Supply: 222,222,222
Symbol: SOKU
Total tokens available for Sale: 111,111,111
Type: BEP-20
Purchase methods: BNB, ETH, BTC, USDT
Softcap: 100,000 SOKU
Hardcap: 1,000,000
TOKEN DISTRIBUTION
ALLOCATION OF FUND
Roadmap
Core Team
Ryan White: Founder/CEO
Dr. Nisheta Sachdev: Marketing Specialist
Sammy Arora: Marketing Specialist
Demari Cameron: Front-End Lead
David Lee: Back-End Lead
Ferdinand Smith: Communities Manager
Katie Chau: Advisor
Ron Belk: Advisor
Jeffrey Commons: Advisor
To Conclude
The Soku Swap stage is planned for sellers and performs exceptionally well as a section of other canny gets that require guaranteed on-chain liquidity. With the representative arrangement a few days earlier, this is the ideal chance to partake and get the marvelous prizes that Soku Swap needs to bring to the table.
Detailed Information:
Website: https://www.sokuswap.finance/
Twitter: https://twitter.com/SokuSwap
Facebook: https://facebook.com/Soku-Swap-102896308602496
Telegram: https://t.me/sokuswap
Medium: https://sokuswap.medium.com/
YouTube: https://www.youtube.com/channel/UCdJFtg_BmXHhPeCJVgoqF3A
DisCord: https://discord.gg/DgNnfGWbd4
AnnThread: https://bitcointalk.org/index.php?topic=5331559.0
Author: cemaralangit
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3325124
Telegram Username: @cemaralangit
BEP-20 wallet address: 0x12D5CAEdC6991d101E300A184C4d514Be10f2c
The Soku Swap stage is planned for sellers and performs exceptionally well as a section of other canny gets that require guaranteed on-chain liquidity. With the representative arrangement a few days earlier, this is the ideal chance to partake and get the marvelous prizes that Soku Swap needs to bring to the table.
Detailed Information:
Website: https://www.sokuswap.finance/
Twitter: https://twitter.com/SokuSwap
Facebook: https://facebook.com/Soku-Swap-102896308602496
Telegram: https://t.me/sokuswap
Medium: https://sokuswap.medium.com/
YouTube: https://www.youtube.com/channel/UCdJFtg_BmXHhPeCJVgoqF3A
DisCord: https://discord.gg/DgNnfGWbd4
AnnThread: https://bitcointalk.org/index.php?topic=5331559.0
Author: cemaralangit
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3325124
Telegram Username: @cemaralangit
BEP-20 wallet address: 0x12D5CAEdC6991d101E300A184C4d514Be10f2c
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