August 17 2022 – Progressive We are pleased to announce the listing of the Betswap.gg token under the trading pair: BSGG / USDT in US Dollars. Trading starts at 1:00 PM UTC on August 18thThe tenth, 2022. Betswap.gg is a decentralized sports betting platform that allows users to place odds by being on both sides of the bet. Powered by blockchain technology, players all over the world can access to bet on all kinds of sports and use stablecoins to place bets.
Betting on decentralization
Betswap.gg is the first peer-to-peer decentralized betting exchange (DeFi) platform. The platform allows users to place bets by transferring money to a smart contract while other users act as a bookmaker. Based on Polygon, users can reduce their commission fees by taking advantage of the network’s low gas fees. The entire process takes place in an open system that runs on a trusted and immutable blockchain protocol, providing a safe and transparent betting experience.
Be the 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 giving owners governance rights. BSGG is also available to venture into liquidity pools to generate rewards. Betting markets are backed by liquidity aggregators, which enable users around the world to match either side of a bet anonymously.
Launched in 2018, AscendEX is a global cryptocurrency exchange, serving more than 1.5 million individual and institutional clients globally, through its comprehensive suite of products including spot and margin trading, futures, wallet services and support for more than 200 blockchain projects such as Bitcoin, Ether, Solana, Cardano, and more. With the new listing of the BSGG token on AscendEX, it opens a new entry point for investors and bettors alike, who are looking to participate in an unreliable environment!
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