Cryptocurrency was designed to give financial power back to its users. No longer did people have to go through banks to complete transactions, instead they could do so online, using decentralised technology and anonymity to gain control of their finances outside of the banking system.
Complete financial freedom, however, is not available with all blockchains and tokens. Occasionally trade is limited, moving tokens can be challenging, reducing the options available to those using these platforms.
Three platforms working to give their users complete financial freedom are Binance (BNB), PancakeSwap (CAKE), and Xchange Monster (MXCH).
According to Coin Market Cap, Binance (BNB) is the fifth most popular cryptocurrency, falling only behind Bitcoin (BTC) and Ethereum (ETH) and stablecoins Tether (USDT) and USD Coin (USDC).
It is an exchange platform that deals in the trade and purchase of crypto assets, from purchasing tokens with fiat currency, to buying and trading NFTs in its marketplace, to hosting new projects on their launchpad.
On Binance (BNB), users can buy, sell, and trade over 600 cryptocurrencies, by connecting their bank accounts or crypto wallets. This connection to some of the biggest crypto tokens on the market makes Binance (BNB) incredibly versatile, allowing users to purchase almost any token they’d like, with the ability to use them however they wish.
The functionality of Binance (BNB) is wide and diverse and is achieved through the technology afforded by the Binance Smart Chain- the chain responsible for Binance (BNB), as well as the dollar-pegged Binance USD (BUSD).
Having this much choice over tokens to be purchased, swapped, and used, is something that gives Binance (BNB) a huge advantage over its peers. As such, Binance (BNB) is more than likely to remain in its high position, with the potential to thrive even further in the future.
Have you given Binance (BNB) a try?
PancakeSwap (CAKE) is one of the most successful projects built on the Binance Smart Chain, taking a spot in the top 75 cryptocurrencies in today’s market.
The platform, which allows users to swap, stake, earn and win native CAKE tokens, uses the Binance Smart Chain due to its vast interconnectivity with other tokens, allowing for seamless decentralised trading.
What PancakeSwap (CAKE) can do unlike Binance (BNB), however, is be completely decentralised, as it deals almost exclusively with tokens, rather than fiat currency. This means users can sign in easily using only their crypto wallets and can use their PancakeSwap (CAKE) accounts to make trades and gain tokens.
PancakeSwap (CAKE), therefore, provides users with flexibility while not compromising on decentralisation, forming a unique ecosystem that gives users complete control over their tokens, and even the chance to make more through staking and farming.
It is not a platform to sleep on.
While buying and trading cryptocurrency with little restriction is essential in cryptocurrency’s journey to reward financial freedom and control to users, another necessity for this freedom to be complete is the ability to transfer cryptocurrency into fiat currency, with just as much ease as there is to turn fiat into crypto.
This is something that has been noted by Xchange Monster (MXCH), a crypto game hosting platform that intends to bridge the gap between crypto enthusiasts and gamers. There are many ways that this is being done, however, one key way is through the utility of their wallet.
On Xchange Monster (MXCH), users can earn, buy, and sell with native MXCH tokens. They can be used to buy and sell NFTs, to access aspects of a game on the platform, or can be received as a reward, or as the value of an asset earnt by the user. The wallet can also hold a host of other tokens, which can be used similarly within the ecosystem.
What is unique, however, is Xchange Monsters (MXCH) VQF governance, meaning that their platform is completely regulated under the supervision of the Swiss Financial Conduct Authority (FINMA). This means that they can trade crypto assets back to fiat effortlessly, estimations suggest the process could be done in just three clicks.
The result being tokens earnt through NFT sales, or items with a token value received as a game reward, can be easily turned into fiat currency, allowing it to be spent in more day-to-day, offline locations, such as putting it towards bills or buying a morning cup of coffee.
On Xchange Monster (MXCH), players can make earnings, and can easily access them for use outside of crypto, stopping their assets from being stuck in a digital wallet rather than a physical one.
So, do you want to make some money playing games? Then check out Xchange Monster (MXCH).
Learn more about xChange Monster (MXCH) at:
Presale: https://xchangemonster.boostx.finance/register
Website: https://xchangemonster.com/
Discord: https://discord.gg/M5hu5HwbeJ
Telegram: https://t.me/xchangemonsterofficial
Twitter: https://twitter.com/Xchange_Monster
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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