Enjoy real-time crypto use-cases: Buy XLD on XcelSwap

Users can make the most out of community-driven token XLD to maximize their experience on XcelSWAP. Here are real-time use cases of XLD and how you can invest in them via XcelSwap.

XcelSwap is a decentralized automated market-maker, an innovative attempt made by Xcellab Ecosystem, to make Decentralized Finance (DeFi) accessible to all. By eliminating intermediaries, XcelSwap supports the crypto-community to swap over 220+ BEP-20 tokens built on Binance Smart Chain with the aid of user-fueled liquidity pools.

XcelDefi (XLD), a governance token of XcelSwap, and is built on the principles of safety, transparency & efficiency for trustless and permission-less financial transactions.

XLD real-time use cases on XcelSwap include:

XLD holder can contribute to the XcelSwap liquidity pool to earn a Liquidity Provider (LP) token.

XcelSwap incentivizes Liquidity providers with trading fees & LP tokens for their efforts and contribution to the liquidity pool. These LP tokens can be further used for farming on XcelSwap. By farming LP tokens on XcelSwap, farmers can earn XcelDefi as a reward. It is a form of passive income made available for cryptocurrency holders.

One of the most requested features, bridging of XLD, was made available for XcelDefi holders earlier this year on XcelSwap. For the ease of holders, one can make their BEP20 tokens into ERC20 tokens and vice versa any time with the help of bridging. XcelSwap Bridge enables connectivity and interoperability between Ethereum and Binance Smart Chain Blockchains that operate under different consensus mechanisms.

Holders can contribute to shaping the future of XcelSwap by voting on project development and amendments, while maintaining full custody of their token.s a governance token for XcelSwap, XLD is a complete community-driven token.XcelDefi holders can contribute to shaping the future of XcelSwap as they have the right to vote in any development, projects and amendments.

Moreover, XLD holders can book over 2.3 million hotels and 450+ airlines worldwide on the decentralized OTA travel platform XcelTrip.

Let us learn the step-by-step process to purchase XLD from XcelSwap.

Step 1: Open the official website of XcelSwap i.e. www.xcelswap.com. Click on the ‘Connect Wallet’ button available at the top right of the screen.

Step 2: Click on the MetaMask icon & once the drop-down menu appears. Enter your MetaMask password then click connect.

Step 3: Go to the ‘Swap’ section of Dex, at the right side of the screen.

Step 4: Now select ‘BNB’ in the send box and “XLD’ on the receiver box. You can use other cryptocurrencies instead of BNB too.

Step 5: Select the desired value of $BNB that you want to swap with $XLD. Defining an amount of one token will auto-generate the amount for the next token at the market value. We recommend it to set the slippage between 0.5% to 5%.

Step 6:Click on the “confirm swap” box.

Congratulations! You have successfully purchased XcelDefi from XcelSwap. You can even visit our YouTube channel for detailed information on how to buy XLD on XcelSwap.

Join the Xcellab crypto community, start trading your cryptos on XcelSwap and benefit yourself from Swap, Stake, and Farming.