INTERFINEX- BRINGING A DECENTRALIZED MARGIN TRADING TO THE WORLD

Blockchain technology has proved to be the cutting-edge technology that is designed to revolutionize so many industries such as financial, gaining, and cryptocurrency industries. Its innovation has provided the world with a different kind of financial system which is reliable and decentralized.

It is no longer a secret that the current financial system known as Centralized Financed (CeFi), has failed to resolve some of the challenges facing the financial industry which include security, privacy, excessive transaction fees, and involvement of middlemen. All these and many more have led to the increasing number of the unbanked population.

DeFi which is a new system of finance built on blockchain technology brings an end to all these challenges. All transactions are recorded on the immutable blockchain ledger, making it very secure and transparent. Again, Decentralized Finance (DeFi) gives people financial independence by allowing them to execute transactions in a quick, cost-effective, and trustless way. To make DeFi more sustainable and better, the world must embrace INTERFINEX.

WHAT IS INTERFINEX ALL ABOUT?

INTERFINEX is a decentralized platform that is built for the purpose of building the future of Decentralized Finance by creating a novel of a variety of financial products. This platform is focused on making DeFi stronger and more satisfactory.

INTERFINEX is determined to give crypto-traders an extraordinarily trading experience that can not be seen in any other platform and this is why INTERFINEX is introducing a decentralized margin trading on any ERC-20 token which will enable anyone to trade and loan such tokens with up to 500x leverage.

Apart from been highly secured and transparent, INTERFINEX is providing cryptocurrency enthusiasts the opportunity to express their opinions with capital through its margin trading solution, which will allow anyone to loan any ERC-20 tokens. This will not only make the cryptocurrency industry better but will also help in the mass adoption of cryptocurrency.

INTERFINEX- BRINGING A DECENTRALIZED MARGIN TRADING TO THE CRYPTO SPACE

In the financial world, margin refers to collateral which a holder of a financial instrument has to deposit with a counterparty which could be a broker or an exchange, which helps in covering the credit risk the holder poses for the counterparty. This risk can occur when the holder borrows cash from the counterparty to buy financial instruments or when the holder borrows financial instruments to sell them short.

Margin trading on INTERFINEX will be unique and completely decentralized with a user-friendly interface. Once a margin trader closes a position, any profit made will be automatically sent to the user's account. Like earlier stated, INTERFINEX's margin trading comes with 500x leverage, which is very attractive.

Additionally, when a user wants to close his or her account, he will have to pay back the same amount he borrowed and by so doing, his loan will be terminated. In rewarding liquidity providers (LPs), INTERFINEX uses an interest rate that is dynamically calculated which depends on the amount borrowed.

INTERFINEX- PROVIDING EVERYONE WITH THE OPPORTUNITY TO EARN PASSIVE INCOME THROUGH YIELD FARMING

One of the new concepts that has emerged as a result of DeFi is yield farming. It is one of the easiest and fastest ways of earning rewards with cryptocurrency holdings using permissionless liquidity protocols. Yield farming allows anyone to earn passive income.

Yield farming is usually done with ERC-20 tokens and the rewards are also ERC-20 tokens. When a user or liquidity provides adds funds to liquidity pools the user will be rewarded for that. Yield farming will surely change the way crypto investors hodl in the future.

INTERFINEX provides its users with the best yield farming strategies which will enable them to maximize their yields. Another interesting thing about INTERFINEX yield farming is that everything is simplified and easy, and once anyone deposits liquidity in one of the pools, that person will start earning immediately. And the more liquidity user provides the more the user earns.

THE INTERFINEX TOKEN

The INTERFINEX token is known as IFEX, and it is an ERC-20 compatible token which is built on the powerful Ethereum blockchain. More importantly, this token is tradable on Uniswap.

TOKEN DISTRIBUTION

This is how INTERFINEX plans to distribute its tokens.

  • 30% of tokens to exchanges.
  • 10% of tokens will go towards marketing.
  • 30% as community incentives.
  • 20% to team members.
  • While the remaining 10% goes to founders.

CONCLUSION

INTERFINEX.IO is very innovative. It is a top-notch platform for swap trading. In nutshell, it is a swap trading made easy, which allows anyone from anywhere to convert any ERC-20 token into any other ERC-20 token just in a click.

And the most interesting part of it is that transaction charges are very low, just a 0.1% fee on all trades, but if a user refers to someone, that user will receive a discount of 51%, that means the user will only pay 0.049% fee instead of 0.1% fee on all trades.

Deposit an equivalent amount of ERC-20 tokens into any of the INTERFINEX yield farming liquidity pools today and avail yourself an opportunity to earn ERC-20 tokens as well as INTERFINEX Bill tokens.

For more information about INTERFINEX, visit the links below...

Website

Ann Thread

Telegram

Twitter

Facebook

Medium

Uniswap Link

WRITER’S INFORMATION

Writer: Mansonndubuisi

Bitcointalk Username: Mandez4real

Bitcointalk Profile Link

Proof Of Authentication Link: https://bitcointalk.org/index.php?topic=5287780.msg55761446#msg55761446

I am a crypto writer and a blockchain technology enthusiast. Here is my homepage link, https://mansonndubuisi.medium.com/

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Solana Galaxy

Step-by-step guide on how to stake ROSE on the Oasis Network using your Ledger Nano S.

Ethereum vs. Bitcoin’s Crypto Winter

+45.16% growth: How to Buy 3X Long Cardano Token (ADABULL) — A Step by Step Guide

https://cryptobuyingtips.com/guides/how-to-buy-3x-long-cardano-token-adabull

coinpass.com: EURO Trading Is Now Live!

How and Where to Buy BitMart Token (BMX) — An Easy Step by Step Guide | Crypto Buying Tips

https://cryptobuyingtips.com/guides/how-to-buy-bitmart-token-bmx

Introduction to E-Money Protocol

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Manson Ndubuisi

Manson Ndubuisi

I am a crypto writer and a blockchain technology enthusiast. Here is my homepage link, https://mansonndubuisi.medium.com/

More from Medium

Aave($AAVE)

Reasons Why OpenOcean is the Best Aggregator and How it Works

How Autonomy Network Eases The Struggles of Blockchain Trading through NFTs