VentiSwap Launches No-Custody Crypto Exchange Targeting Cross-Chain Swaps, Lower Transaction Fees, and Economic News
ZURICH, Aug. 05, 2022 (GLOBE NEWSWIRE) — VentiSwap, a new true no-custodial cross-chain swap, has launched the beta version of its platform, which aims to offer users lower transaction fees and more efficient cross-chain swaps . VentiSwap joins the small community of an ever-growing need for cross-chain platforms currently active in the industry.
By not relying on the use of middle tokens, bridges, HTLC, or P2P capabilities to initiate and complete transactions, VentiSwap has differentiated itself from other cross-chain DEX platforms. The VentiSwap platform was designed to provide users with an intuitive, efficient way to trade any type of supported blockchain in one simple transaction by leveraging VentiSwap’s proprietary algorithms.
The benefits of the company’s proprietary algorithms, on which VentiSwap bases its cross-chain DEX platform, are that they enable fast, efficient transactions that do not require third-party intermediaries – and give users the ability to truly cross-chain – perform swaps. VentiSwap was able to optimize transaction exchange rates for users and encourage traders to take full advantage of multiple liquidity pools. VentiSwap is also the first to offer a refund feature for failed transactions.
The VentiSwap Token (VST) was originally scheduled to launch in late 2021, but after potential security issues, the VentiSwap team decided to undergo a security audit by CertiK, an industry-leading DeFi and blockchain security audit firm, to ensure code integrity and to mitigate risk and guarantee safety.
CertiK found no critical, major, medium, or minor issues in its security assessment of the VentiSwap code, which allowed the VentiSwap team to move forward with adoption in Q2 2022. VST is currently available on 1Inch and Uniswap, CEX listings coming soon.
Besides the VentiSwap platform, VentiTech, the parent company of VentiSwap, is also working on several cross-chain crypto projects:
- VentiNFT – a cross-chain NFT marketplace
- VentiWallet – a multi-chain wallet platform
- VentiPresale – a cross-chain presale platform
- VentiVerse – an interactive storefront to view NFTs, play games and earn rewards
- VentiHeadz – a line of 80’s style utility NFTs
- VentiSwap Token – an ERC20 “no reflections” and non-taxed utility token
VentiHeadz, the company’s ’80s-style NFT line, launched back in Q2 2022. Only 5,000 are ever minted. Benefits of a VentiHeadz NFT include unlimited access to VentiTech’s full suite of cross-chain platforms, a complimentary VentiHeadz t-shirt, access to a private online chat community, and an invitation to an exclusive in-person event. The price of minting a VentiHeadz NFT is 0.1 ETH. VentiHeadz website.
The VentiSwap project was initiated in March 2021 and the company is incorporated in Switzerland. VentiSwap’s development teams are based in the UK, India and Pakistan. The platform is officially affiliated with industry-leading Binance, which provides VentiSwap’s back-end liquidity. VentiSwap does not offer money (fiat) transfers or transactions. It only offers token-to-token swapping. The purchase and withdrawal must be done on other platforms.
The beta version of the VentiSwap platform can be experienced at the official VentiSwap website.
Media contact – [email protected]
This content was distributed via Newswire.com’s press release distribution service.
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers