Finance

Borrow crypto assets with FAR crypto token in 2021

IEO phase launched for FAR crypto currency token. What is FarSwap? FarSwap is a software running on ethereum Blockhain that seeks to incentivize a network of users to operate a platform where users can Lend, borrow, buy and sell Crypto assets and earn massive rewards. FarSwap distribute 50% trading fee to Stakers and liquidity providers on FarSwap platform. Get rewarded each time you lend or borrow on our platform. Pay back loan with FAR and get %2 repayment discount plus other rewards when you pay back loan with Far token.

Farswap Strong Holder offers will be only for the permanent community members of FarSwap. This campaign will be given to people who are actively helping to develop our ecosystem and Farswap protocol, as well as active participants in Ambassador teams at FarSwap Social Media and competitions. So be sure to write down the wallet adress you are always using, to the whitelist. Read more to learn about the whitelisting process. See extra details at Strong holder offering launched for FAR token.

FarSwap (FAR) Pre-Sale Started on June 15, 2021! The FAR tokens you purchased will be exchanged for the FAR tokens from the new contract. Fraudsters trying to make an equivalent of our project were detected by our team. Never trade in the pancake pool.

Far lending and borrowing platform is developed and programmed for users to receive FAR token for reward anytime they lend or borrow cryptocurrency on the platform. users earn 2 %additional bonus when they choose to pay back loan with FAR token. users can stake the rewards they earn on FarSwap to earn more FAR token or exchange the FAR token to usdt. users is requird to lock certain amount of FAR token befor they can borrow funds on the platform. No KYC is needed for this operation. Lend and borrow with little or no fee in return. users can also borrow or lend any crytocurrencies of their choice. Discover additional information on here.

Key Links

Pre-sale start date: 15.06.2021 https://docs.google.com/forms/d/e/1FAIpQLSc0CCwADafvaKo5IcOVP_eBT73-1iPyoQc_MKgxIc-mPUcURA/viewform
Price – $0.12

Audit Result:
https://docs.farswap.finance/farswap-audit-reports/audit-report
Inspection Number: BAR004017062021
Audit Date: 17 June 2021
Audit Team: Block Audit Report Team

Binance Smart Chain Platform
https://fi.farswap.finance

NULS/NERVE SCO Platform
https://wallet.nuls.io/pocm/Projects/ProjectsInfo?releaseId=114

Contact us
Twitter: https://twitter.com/Farswap_defi
Telegram: https://t.me/FarSwap_Global
Telegram announcement: https://t.me/Farswap_announcements
Medium: https://blog.farswap.finance/

General info about crypto currencies and disclaimers

Don’t chase cheap coins with dreams of lambos and private jets. Lots of uneducated investors in the crypto space buy low priced cryptocurrencies because they think there is a higher chance of big returns. If presented with one coin priced at $0.01 and another at $75, they blindly purchase the $0.01 coin because they think it’s easier for a coin to go from $0.01 to $0.02, rather than from $75 to $150. This is a common trap. There are lots of factors that affect a coin’s price, including two important ones: the circulating supply and the real world value of the coin.

A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you will need to have a digital wallet. How Do They Work? Millions of people use cryptocurrency wallets, but there is a considerable misunderstanding about how they work. Unlike traditional ‘pocket’ wallets, digital wallets don’t store currency. In fact, currencies don’t get stored in any single location or exist anywhere in any physical form. All that exists are records of transactions stored on the blockchain.

The digital market is relatively new, so countries and governments are scrambling to bring in cryptocurrency taxes and rules to regulate these new currencies. If you’re not aware of these before you start trading, you may find yourself in a spot of expensive bother further down the line. Many governments are unsure of what to class cryptocurrencies as, currency or property. The U.S in 2014 introduced cryptocurrency trading rules that mean digital currencies will fall under the umbrella of property. Traders will then be classed as investors and will have to conform to complex reporting requirements. Details of which can be found by heading to the IRS notice 2014-21. On top of the possibility of complicated reporting procedures, new regulations can also impact your tax obligations. The U.S, the ‘property’ ruling means your earnings will now be deemed as capital gains tax (15%), instead of normal income tax (up to 25%). Each countries cryptocurrency tax requirements are different, and many will change as they adapt to the evolving market. Before you start trading, do your homework and find out what type of tax you’ll pay and how much.