LBANK is pleased to announce the listing of the Switch Token (SWITCH) on our platform. This is the first centralized exchange listing for the Switch Token.
About the Switch Token
The Switch Token was launched on the decentralized exchange Uniswap on February 23, 2023. Since its launch, it has been listed on CoinGecko, CoinMarketCap and has an average trading volume of over $100,000 on the decentralized exchange.
The community around the Switch Blockchain continues to grow in numbers on platforms such as Twitter, Discord, and Reddit. At the time of writing, the SWITCH ERC-20 token was in over 1800 individual wallets, which the Etherscan block explorer can verify.
While some tokens are created from ICOs or Initial Coin Offerings, the SWITCH Token is minted on and through the Switch Blockchain as a digital reward for node owners who own and host node licenses that power the blockchain. The SWITCH token is an ERC-20 token bridged to the Ethereum network from the Native Switch Blockchain. SWITCH has a maximum supply of 50 billion tokens.
The Switch Blockchain is managed by the community of node owners and is governed by a Distributed Governance Framework (DGF) Charter endorsed and endorsed by node owners. Switch Reward Card (the Company) has no authority or control over the community-led Switch Blockchain.
About Switch Reward Card
Switch Reward Card is a blockchain-based financial services provider that provides products to its users. Switch Reward Card offers payment solutions for both traditional and cryptocurrencies around the world.
Switch is a unique payment ecosystem consisting of the Switch app, the Switch card, and the Switch network. Each component plays a critical role in fostering a more secure, predictable, and reliable payment environment that organically drives strong user advocacy.
The Switch app is a convenient and easy-to-use payment service and digital asset trading platform. This software application allows users to send and receive blockchain-based payments that are secure, irreversible, and near-instantaneous. It is the glue that binds the ecosystem together and allows Switch members to enjoy benefits not possible on older payment platforms. The Switch Trading Platform provides users with both a custodial wallet and a self-custody wallet, giving users more control over their assets.
Why Switch Joins LBank
LBank recognizes Switch’s huge potential in providing a robust and decentralized blockchain network for financial services. Switch’s innovative protocols, commitment to a decentralized system, and forward-looking financial services reflect our own commitment to providing our users with the best and most advanced blockchain technologies. By listing SWITCH, we are giving our users the opportunity to participate in a groundbreaking ecosystem and be part of the next generation of blockchain financial services.
Benefits for participants
Listing SWITCH on LBank gives LBank users the opportunity to participate in a unique and promising DeFi project. The Switch Blockchain offers a host of benefits to its users and community members:
Decentralization: As we all strive for full decentralization, the Switch Blockchain is a decentralized global node network of community members.
Promoting innovation: Being part of the Switch Community means community members are directly involved in an ecosystem that fosters innovation in blockchain-based financial services.
Rewards: Switch node owners and community members can receive Switch Digital Rewards for participating in the blockchain for actions such as hosting a Switch Node. Future action items that will be rewarded include activity with the Switch Card program and trading activity on the Switch Trading Platform.
Community governance: Control of the SWITCH distribution rests with the Switch Blockchain Distributed Governance Framework (DGF), which is managed by and consists of node owners. This gives participants the opportunity to have a say in the future direction of the ecosystem.
About LBank
LBank is one of the top crypto exchanges, founded in 2015. It offers specialized financial derivatives, expert wealth management services and secure crypto trading to its users. The platform has over 9 million users from over 210 regions around the world. LBank is a growing, cutting-edge platform that ensures the integrity of user funds and aims to contribute to the global adoption of cryptocurrencies.
Contact
LBK Blockchain Co. Limited
LBank Exchange
Marketing Email – marketing@lbank.info
Business Email – business@lbank.info
Disclaimer: This is a paid post and should not be treated as news/advice.
