August 17, 2022 – AscendEX is pleased to announce the listing of Betswap.gg token in trading pair: $BSGG/USDT. Trading begins at 1:00 pm UTC on August 18, 2022. Betswap.gg is a decentralized sports betting platform that allows users to place odds by placing bets on either side. Powered by blockchain technology, players around the world can have access to bet on all types of sports and use stablecoins to bet.
Bet on hierarchy
Betswap.gg is the first truly decentralized peer-to-peer (DeFi) betting exchange. The platform allows users to place bets by transferring funds into a smart contract while other users act as bookmakers. Built on Polygon, users can minimize their commission fees by benefiting from the network’s low gas fees. The whole process happens in an open system running on an immutable and trusted blockchain protocol, providing a secure and transparent betting experience.
Be a book maker
In the Betswap.gg ecosystem, the BSGG token acts as the main utility token throughout the platform. Among other uses, the token is used to pay fees and as a tool to power the DAO model by granting the holder governance rights. BSGG is also available to bet on liquidity pools to generate rewards. The betting market is backed by liquidity pools, allowing users around the world to match either side of the bet anonymously.
Launched in 2018, AscendEX is a global cryptocurrency exchange, serving more than 1.5 million retail and institutional customers globally, through a comprehensive product suite including spot trading, escrow and futures, wallet services and staking support for over 200 blockchain projects like Bitcoin, Ether, Solana, Cardano, and more. With the listing of the new BSGG token on AscendEX, it opens a new point of entry for investors and stakingers who are looking to participate in a trustless environment!
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