AscendEX is pleased to announce the inclusion of the Betswap.gg token in the trading pair: $BSGG/USDT. Trading starts at 1:00 pm UTC on August 18the, 2022. Betswap.gg is a decentralized sports betting platform that allows users to set odds on either side of the bet. Backed by blockchain technology, players from all over the world can have access to bet on all kinds of sports and use stablecoins to place bets.
Betting on Decentralization
Betswap.gg is the first truly decentralized peer-to-peer betting exchange (DeFi). The platform allows users to place bets by transferring money to a smart contract while other users act as bookmakers. Based on Polygon, users can minimize their commission fee by benefiting from the network’s low gas rates. The entire process happens on an open system running on a trustless and immutable blockchain protocol, providing a secure and transparent betting experience.
Be the book maker
In the Betswap.gg ecosystem, the BSGG token acts as the main utility token on the entire platform. Among other uses, the token is used to pay fees and as a tool to power the DAO model by giving holders governance rights. BSGG is also available to participate in liquidity pools to generate rewards. The betting markets are backed by liquidity pools, which allow users from all over the world to match any side of the bet anonymously.
Launched in 2018, AscendEX is a global cryptocurrency exchange serving more than 1.5 million retail and institutional clients worldwide, through its comprehensive suite of products that includes spot, margin and futures trading, wallet services and staking support for 200+ blockchain projects like Bitcoin, Ether, Solana, Cardano and more. With the new listing of the BSGG token on AscendEX, a new entry point opens up for investors and gamblers alike, looking to participate in a trustless environment!
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