XcelSwap- The Best Decentralized Trading Platform

XcelSwap
XcelPay Magazine
Published in
2 min readMar 2, 2022

To provide the crypto community a secure, trustless & decentralised crypto trading platform, XcelSwap was developed by XcelLab Ecosystem. The secure and reliable DEX — XcelSwap is an Automated Market Maker (AMM) built to disrupt the traditional centralized trading system. For this purpose, XcelSwap allows peer-to-peer secure online transactions.

XcelSwap provides access to premium DeFi services such as swapping, staking, liquidity, and yield farming. With these services, users can earn passive income and amazing rewards.

XcelSwap has some distinguishing features that have captivated user’s attention which include:

Swap

XcelSwap allows users to seamlessly exchange BEP-20 tokens users have to connect a Wallet, pick crypto pairs, and finally click on the swap. Every noncustodial wallet that supports Binance Smart Chain can be connected to XcelSwap. The preferred wallets that you can connect to the DEX are:

  1. XcelPay Wallet
  2. Metamask Wallet
  3. Trust Wallet

You can swap XLD with a BNB and BUSD pair. Swap between different tokens on XcelSwap. Here

Staking and Farming

XcelSwap incentivizes Liquidity providers with trading fees & LP tokens for their efforts and contribution to the liquidity pool. Those LP tokens could be further used for farming in XcelSwap.

Users can farm LP tokens for a certain time period and earn XcelDefi as a reward.

Bridge

XcelSwap Bridge enables connectivity and interoperability between Etherum and Binance Smart Chain Blockchains that operate under different consensus mechanisms. XcelDefi token holders can use the XcelSwap Cross-Chain Bridge to swap XcelDefi (XLD) ERC-20 Token for XcelDefi (XLD) BEP-20 Token across Etherum and Binance Smart Chain network easily and securely.

If you want to exchange the XLD ERC-20 token for the XLD BEP-20 token, here is the guide to lead you!

Lower Trading Fees

XcelSwap is built on the Binance Smart Chain that is one of the cryptocurrency industry’s fastest and most scalable blockchains. Therefore XcelSwap has lower trading fees, usually as low as $0.2.

Use the decentralized XcelSwap and enjoy lower transaction fees.

Faster Settlements

By leveraging Blockchain On XcelSwap, the transactions are processed quickly within a few seconds. Therefore, the users can always choose this exchange for faster settlements of the transactions and efficient trading services.

XcelSwap intends to enable multichain swapping on its platform in the near future by integrating SOLANA, FTM, and POLYGON Blockchains.

XcelSwap aspires to be a forerunner in the next generation of decentralized exchanges by lowering the entry barrier and making DeFi accessible to all. Earn passive income through staking, farming, and contributing to the liquidity pools on XcelSwap.

Join the XcelLab crypto community on telegram and follow Xcellab on different social handles to stay updated all project developments and amendments.

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Become a part of the fostering DeFi and crypto community with the best trading platform XcelSwap!

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XcelSwap
XcelPay Magazine

XcelSwap- a decentralized exchange built to increase utilities and trustless (permissionless) transactions using smart contracts.