Coinbase, one of the world’s largest centralized crypto trading platforms and exchanges, suffered a major service outage on May 14, 2024. Meanwhile, ETFSwap (ETFS), a decentralized exchange on the Ethereum network, is always performing at an optimum capacity, proving that it is the better choice.
Coinbase Outage Resolve Claims Draws Attention
Coinbase announced a system-wide outage on its X handle that lasted over three hours. The real cause of this outage was unknown, as many users were left stranded as they could not transfer or withdraw their assets during this period.
While Coinbase announced the system had been restored, many users on X complained about having challenges performing transactions on the platform as ETFSwap (ETFS) users continue to enjoy uninterrupted services and other benefits associated with using ETFSwap (ETFS).
A Coinbase user rocket called the attention of the crypto community on X to the unresolved outage experienced by many users despite Coinbase claiming to have resolved the issue. Many struggled to perform transactions.
This is not the first time centralized crypto trading platforms like Coinbase and Binance have experienced outages due to the high traffic of users on their platforms. This highlights the displeasure of many who are turning to decentralized exchanges like ETFSwap (ETFS), which is always on without outages.
The outage in service experienced by Coinbase saw the price of Bitcoin (BTC) suffer a minor setback in price as the price of Bitcoin (BTC) dropped from its high of $63,400 to $61,400 before rallying higher, breaking out above $65,000.
As Coinbase users scramble during this time, ETFSwap (ETFS) users continue to enjoy uninterrupted service on this groundbreaking crypto trading platform, with many utilities and opportunities to explore.
ETFSwap (ETFS) Is The Undisputed King Of Crypto Trading Platforms
ETFSwap (ETFS) is a decentralized exchange (DEX) that enables users to trade over 2,000 different tokenized exchange-traded funds (ETF) with cryptocurrency within its intuitive platform. Tokenized ETFs have gained much attention in the crypto space, as ETFSwap (ETFS) aims to bridge the gap between traditional finance and decentralized finance (DeFi).
However, that is not all, as ETFSwap (ETFS) also provides one of the most seamless crypto trading platforms ever seen in crypto. So not only can users convert crypto to ETFs, they can also complete crypto-to-crypto conversions while enjoying up to 10x leverage on all listed assets.
ETFSwap (ETFS) allows users unlimited access to its platform as there are no KYC required, low fees, and third-party intermediaries. Above all, it operates 24/7 without outages compared to centralized exchanges like Coinbase.
Due to its unique use case, ETFSwap (ETFS) has garnered much attention from investors aiming to have a stake in ETFSwap (ETFS) as it promises to be a game changer for many investors ahead of the bull market and as market trends focus on tokenized assets.
ETFSwap’s native token, ETFS, has been designed to offer investors the exposure they seek while enabling seamless trading experiences for its users and promoting a thriving community of stakeholders who are invested in the project’s growth and contribute to its innovative ideas.
Holders of ETFS enjoy benefits such as low trading fees and high APR on staked ETFS tokens. This helps them to secure passive income without worries. Holders can also participate in governance, vote for decisions before they are implemented in the ETFSwap (ETFS) ecosystem, and convert and interoperate tokenized ETFs to ETFSwap (ETFS) tokens, thereby encouraging liquidity in the ETFSwap (ETFS) ecosystem.
ETFSwap (ETFS) remains committed to its users as it prioritizes security and transparency. To ensure high standards, it has undergone an audit by CyberScope, a top crypto audit firm, to ensure all smart contract vulnerabilities and bugs are detected and corrected instantly.
ETFSwap’s (ETFS) unique work ethic, teams, and tokenomics have gained much attention in the crypto space, leading to a private fundraising round of $750,000 within a few hours to its strategic investor, creating a record of the highest and fastest fundraising. Following this outstanding achievement, its first public presale has kickstarted to massive demand.
The stage 1 presale is currently ongoing, and over 85,000,000 ETFS tokens have sold out in the first week at the current price of $0.00854. The good news for investors is that this stage is currently still open for investments. However, it won’t be for long as the price is anticipated to surge to $0.01831 in Stage 2.
Buying into the ETFSwap (ETFS) token now within its limited time would be a big advantage, as early buyers could make over 300% when its stage 2 presale starts.
For more information about the ETFS Presale:
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
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