AscendEX lists Betswap․gg (BSGG), a DeFi betting exchange – Bitcoin News press release

press release

PRESS RELEASE. August 17, 2022 – AscendEX is pleased to announce the listing of the Betswap.gg token under the $BSGG/USDT trading pair. Trading begins on August 18 at 13:00 UTCth, 2022. Betswap.gg is a decentralized sports betting platform that allows users to set odds by being on both sides of the bet. Powered by blockchain technology, players worldwide can bet on all sports and use stablecoins to place bets.

Bets on decentralization

Betswap.gg is the first truly decentralized (DeFi) peer-to-peer betting exchange. The platform allows users to place bets by transferring funds to a smart contract while other users act as bookmakers. Based on Polygon, users can minimize their commission fee by taking advantage of the network’s low gas rates. The entire process takes place in an open system running on a trusted and immutable blockchain protocol, providing a secure and transparent betting experience.

Be the bookmaker

In the Betswap.gg ecosystem, the BSGG token acts as the main utility token across the platform. Among other things, the token will be used to pay fees and as a tool to support the DAO model by granting governance rights to the holders. BSGG is also available for staking into liquidity pools to generate rewards. Betting markets are supported by liquidity pools that allow users around the world to match both sides of the bet anonymously.

About AscendEX

Founded in 2018, AscendEX is a global cryptocurrency exchange serving over 1.5 million retail and institutional clients worldwide with its comprehensive suite of products including spot, margin and futures trading, wallet services and staking support for over 200 blockchain Projects like Bitcoin, Ether, Solana, Cardano and more. With the new listing of the BSGG token on AscendEX, it opens a new entry point for investors and bettors alike looking to participate in a trustless environment!

For more information and updates on Betswap.gg, please visit:

Website: https://betswap.gg/
Twitter: https://twitter.com/BetswapGG

Telegram: https://t.me/Betswap_GG

Discord: https://discord.com/invite/xUTMRhgBNq

For more information and updates about AscendEX, visit:

Website: ascendex.com

Twitter: twitter.com/_AscendEX

Telegram: t.me/AscendEXEnglish

Middle:medium.com/ascendex

This is a press release. Readers should conduct their own due diligence before taking any action related to the advertised business or its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in the press release.

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