As per the online sources, the decentralized finance (DeFi) ecosystem, AnchorSwap, is reportedly going to launch crypto products that will aim to bring “crypto for everyone”. AnchorSwap is an automated market maker (AMM) decentralized exchange platform that has been built on the Binance Smart Chain (BSC). The platform boasts of very low fees, and the functionality is so easy that it can be used by anyone in the crypto space. AnchorSwap provides its users with lottery services, liquidity pools, and farms.
AnchorSwap offers the users an all-around DeFi ecosystem that spans multiple products. It is this fact that sets it apart from other DeFi platforms. The company believes that the AnchorSwap decentralized exchange platform will allow users to do more with their cryptocurrency. The decentralized exchange consists of 6 active pools which cover major Binance Smart Chain tokens like $ANCHOR. The 6 pools have been created for BUSD, ANCHOR, BNB, ETH, BTCB, and the native token PancakeSwap called CAKE.
AnchorFinance, of which AnchorSwap is a part, is an ecosystem that is supported by the following –
· A Dubai-based VIP sales office
· Virtual asset service provider: Chiffre IT Solution DOO
· Legal entity: B&GR GmbH
· The Crypto Team
AnchorFinance is a licensed company that works as a fiat to cryptocurrency gateway. According to its license, the company has authorization for many activities like computer programming, software development, consulting, and many financial activities. AnchorFinance charges a nominal 0.15% trading fee on the decentralized exchanged platform. This is added to the transaction fees of $0.15, which are normally incurred in the average Binance Smart Chain transaction.