TeleFy: Offering Multi-Chain Swap and NFT Marketplace for a Seamless Trading Experience
Various blockchain-based platforms have emerged in the last decade. There are first to third-generation blockchains entertaining millions of users. Since these blockchains have isolated systems, they do not facilitate coin exchange and trading solutions.
The lack of interoperability between widely used blockchains has become a major issue for cryptocurrency users. Many people are looking for a platform that offers easy exchange of tokens between different platforms. People are looking for a multi-chain swap to exchange different crypto assets without any trouble.
TeleFy is offering a multi-chain protocol, known as Tele Swap to address that issue. It will allow users to swap their crypto assets and improve liquidity through Automated Market Maker or AMM. Continue reading to learn more about TELE Swap and TELE NFT.
What is Tele Swap?
The Tele Swap is a multi-chain swap and serves as a decentralized exchange. It is based on the latest smart contract technology and it provides cryptocurrency swaps between distinct blockchain ecosystems.
TeleFy has developed this platform to enable the seamless exchange of tokens without a central authority or intermediary. Suppose you got Binance Smart Chain tokens, you can use the Tele Swap to exchange those tokens for ERC-20 tokens.
This platform is extremely useful for users seeking a fast procedure. It allows you to swap crypto assets directly from your wallet. It requires just a few inputs and then proceeds the peer-to-peer swaps between different blockchains.
Cross-chain swap facility has been around for the last five years, but TeleFy has made it better.
Key features of Tele Swap
Tele Swap is a type of atomic swap. TeleFy has introduced this platform to overcome the shortcomings of centralized cryptocurrency exchanges. It does not control users’ private keys. Besides, the following features make it quite useful for all crypto investors, traders, and stakers.
· Truly decentralized cryptocurrency trading solutions
There is no third-party governing the crypto exchange. It means users can easily exchange their crypto assets. Many crypto investors will use the Tele Swap to exchange their tokens between different blockchains. There will not be interoperability issues and it will encourage users to make more crypto transactions.
· It reduces trading risks!
Tele Swap only facilitates the exchange between different blockchains. The user is always in full control and the user decides whether he wants to proceed further or not. This multi-chain swap does not ask the trader to share any private information or keys.
There is no risk of losing digital assets! Crypto traders have already lost a lot of money due to information shared with centralized exchanges. Tele Swap is a decentralized crypto trading platform that does not hold any information. Therefore, it is completely safe to swap any token you want!
· It has simplified crypto trading!
Cryptocurrency trading is still a new experience for many people. People spend several minutes on centralized exchanges to create their accounts, buy cryptos, and transfer them in the wallet. Users seek a simple trading experience once they got the crypto wallet. That’s what Tele Swap is offering now!
Users do not need different types of wallets to store their tokens associated with different blockchains. You get a common wallet to store all the cryptocurrencies. Pick a token you want to trade and then select the number of coins you want to exchange. Now, just pick the token you want to swap with and make the swap.
The process is pretty straightforward and both new and seasoned traders can take advantage of this type of cross-chain swapping. Tele Swap will ask you to link the wallet to carry of token exchange. Once the wallet is connected, you can exchange all the crypto tokens you hold.
What is Tele NFT?
TeleFy has launched a new marketplace to trade non-fungible tokens. It is called Tele NFT. Users, who use this platform to trade valuable collectibles in the form of NFTs, will get a better Tele Score. This platform charges only 0.27% fees to facilitate the NFT trading solutions. Thus, it becomes one of the most pocket-friendly marketplaces to trade non-fungible tokens.
Since TeleFy is offering multi-chain solutions, its NFT marketplace is also available in multiple blockchains. Those blockchains include Binance, Ethereum, Matic, Cardano, PolkaDot, Solana, and some others.
Why Tele Swap and Tele NFT are beneficial for crypto users?
TeleFy is ready to serve millions of users seeking simpler and more profitable crypto trading solutions. Tele Swap is the best example of a multichain decentralized exchange. Cost-effective trading fees, straightforward exchanges, and cross-chain compatibility make this exchange profitable for all crypto traders.
Tele NFT is a marketplace where NFT investors can find non-fungible tokens developed on various blockchains. NFT developers will use this platform to provide their NFTs with better exposure. NFT investors from the most widely used blockchains will be able to invest in those NFTs and make a profit.
