What is eFINSwap?
While the blockchain industry has developed over the years, there are still few pain points that hinder mass crypto adoption. It is vital to address these challenges to attain seamless growth and unparalleled development. The common challenges that the blockchain industry still face are:
- Blockchain technology is not easy to understand, even for tech-savvy users. People struggle with understanding the basic concept of cryptocurrencies which is worsened by the poor UX of the platforms.
- Cryptocurrencies such as Ethereum and Bitcoin have their blockchain networks, and it’s not easy to move to and fro between them. As a result, people have segregated assets in different blockchains resulting in an inefficient portfolio.
- The next problem is a lack of easy ways to use cryptocurrencies directly to make daily payments. Users have to first convert crypto assets into a fiat currency which is a lengthy and expensive process.
eFIN Ecosystem aims to address these problems by offering a set of products specifically designed to promote crypto adoption.
eFIN Ecosystem
eFIN Ecosystem is a decentralized platform that aims to tackle the pain points of the blockchain community. For that purpose, it offers various products that work individually and in harmony to create a user-friendly, secure, and fast network. The products that eFIN offers are:
- eFIN Coin: A fast and secure coin with low transaction costs.
- eFIN Wallet: A peer-to-peer, secure, non-custodial, and decentralized wallet.
- eFIN Dex: A peer-to-peer, secure, non-custodial, and decentralized exchange that operates within the wallet.
- eFIN Swap: A hybrid DEX swap aggregator helps users find the best price from multiple exchanges.
- eFIN Mobile Wallet: A mobile app available on Android and iOS.
This set of tools allows eFIN to cater to a large audience and address the issues in blockchain technology. The platform’s goal is to create a harmonious relationship between traditional and decentralized finance which they achieve with their like-minded partners.
eFINSwap
eFINSwap is an online hybrid DEX swap aggregator that provides several advantages over the traditional DEX swap. It is an integral part of the eFIN Ecosystem as it allows trading between different cryptocurrencies. Some of the advantages of using eFIN Swap are:
- eFIN Swap has an easy-to-use and simplified user interface that does the most of the hard work for its users.
- The advanced algorithm of the Swap can automatically find the best price by crawling through a wide range of world-leading exchanges and saves users time and effort to do it manually.
- eFIN Swap has inbuilt algorithms with a list of exchanges that can be edited to add more exchanges along the way.
- Users can connect the Swap with the eFIN DEX wallet by scanning a QR code and enjoy simplified and cross-platform services. The wallet can also safely store crypto assets to trade in the future.
- eFIN Swap integrates eFIN Coin, which helps users reduce transaction fees and promote savings by up to 50%.
- Users can buy any cryptocurrency directly from the “Buy Crypto” section on the eFIN Swap using a debit or credit card to the wallet. As the assets are stored in a wallet, users can rest easy about privacy and security and quickly transfer the assets to the DEX or Smartphone Wallet by eFIN.
eFIN also plans to integrate the eFIN Smartphone Wallet to allow users to send and receive crypto assets using their phones directly. This integration will enable users to trade on the go and enjoy new features that the smartphone wallet will offer.
eFIN Ecosystem has a lot to offer in products and services, and eFIN Swap is an essential product. Users can enjoy cheap, fast, and secure transactions across several exchanges without looking for the best price manually. Platforms such as eFIN can help advance blockchain technology and eventually promote crypto adoption.
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