BitMart, a premier global digital asset trading platform, will list and debut GigaSwap (GIGA) on September 19, 2022, for all BitMart users, the GIGA/ETH trading pair will be officially available for trading at 09:00 AM (UTC).
What is GigaSwap (GIGA)?
GigaSwap is a decentralized application that allows unaffiliated parties to securely swap any asset (e.g. tokens, NFTs) across any chain (Ethereum, Avalanche, Binance Smart Chain, etc) over-the-counter (OTC) between two independent parties (P2P) without any risk or need for the participation of a third party.
The benefits in such a service are many and include avoiding transaction tax, chart protection, dealing with low liquidity issues and minimization of price impact.
The native token is $GIGA and the OTC protocol, GigaSwap, is found at gigaswap.app. $GIGA acts as a governance token and holders can stake to receive a portion of the trading fees.
The dApp allows users to create listings of any asset that is on a supported chain whilst specifying quantity and price. A listing can be a single or group (multiple NFTs for example). They can be listed publicly or privately executed.
Why choose GigaSwap (GIGA)?
GigaSwap will make it easy to find trading partners and simplify the development and agreement of terms amongst parties while eliminating the frustration of crossing chains.
The GigaSwap dApp will allow its users on a verified network of traders to create listings of any asset that is on a supported chain and specify a quantity and price, either as a standalone listing or a grouping (e.g. selling multiple NFT’s). This can be listed publicly or to securely execute a previously negotiated transaction privately.
An OTC pair is a partial trading with dynamic(or fixed) price k = x * y. Creating a pair or a partial trade creates the liquidity tokens and the tax tokens. Both can be used to control the pair and the tax.
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 9 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 1000+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their Website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About GigaSwap (GIGA)
The native token will serve as a governance token for future decision-making. Furthermore, in the future, holders of $GIGA will benefit from the trading fees collected from OTC trades.
To learn more about GigaSwap (GIGA), please visit their Website, follow their Twitter, and join their Telegram.
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