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Press release content from Accesswire. The AP news staff was not involved in its creation.

KingSwap Allows High-Yield DeFi Investments into Bitcoin and $KING Tokens

December 31, 2020 GMT
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SINGAPORE / ACCESSWIRE / December 30, 2020 / DeFi project KingSwap today announced a newly launched e-commerce platform called KingSwap Shop that allows newcomers to cryptocurrencies to jump onto their first high-yield cryptocurrency investments ...
1 of 4
SINGAPORE / ACCESSWIRE / December 30, 2020 / DeFi project KingSwap today announced a newly launched e-commerce platform called KingSwap Shop that allows newcomers to cryptocurrencies to jump onto their first high-yield cryptocurrency investments ...

SINGAPORE / ACCESSWIRE / December 30, 2020 / DeFi project KingSwap today announced a newly launched e-commerce platform called KingSwap Shop that allows newcomers to cryptocurrencies to jump onto their first high-yield cryptocurrency investments with just a credit card.

KingSwap launches new ways for newcomers to crypto to invest in bitcoin, even if they aren’t professional traders nor savvy with cryptocurrencies, to take advantage of the bullish bitcoin and DeFi markets.

A big challenge for newcomer investors who wish to invest into DeFi and Bitcoin is the lack of knowledge and understanding, even though such investments are known to be able to yield very high returns. KingSwap has now solved this problem for new cryptocurrency and DeFi investors with KingSwap Shop.

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KingSwap Shop releases 4 new packages which are the Noble Squire, Valiant Knight, Dazzling Queen, and Exclusive King.

Beginners who want to start out with an affordable package can purchase the Noble Squire Package on KingSwap Shop using their credit or debit cards, for US$100 which will enable them to earn 1% returns monthly from the amount they put in. This package allows users to put in a small amount to try out investing in DeFi through KingSwap.

For those who aren’t keen on the idea of actually handling bitcoin themselves or not sure where to purchase, one simple option is to purchase KingSwap’s packages which allow the users to not only start their own crypto journey but have the first-hand experience of changing their cash to cryptocurrencies and owning their very own BTC and $King Tokens, and also enjoy profits without needing any technical knowledge as returns are generated automatically by the KingSwap platform through Decentralized Finance (DeFi) yield farms and staking.

The Valiant Knight Package allows the users to earn 2% returns monthly, generating half their returns in $KING Tokens and half in Bitcoin (“BTC”).

The Dazzling Queen Package helps users earn 3% returns monthly, and users who purchase the Exclusive King Package will receive the highest of them all - 5% returns monthly and to get 2.5% returns in $KING Tokens and 2.5% in Bitcoin.

Shop dashboard - “Image is only for illustration purposes”

So the higher the packages tier, the MORE returns earned = HIGHER REWARDS!

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Once users purchase the packages, they can login to kingswap DEX to refer to their paid packages as well as upgrading their package and checking their points and number of referrals. The more users they refer, the more points they get.

Always have a buy-and-hold mentality, unless you’re prepared to watch the market daily and move at a moment’s notice. Investing in bitcoin should really be undertaken for the long term.

In other words, it’s not really advisable to buy bitcoin expecting to sell it a day, week, or a month later, as investors found when the cryptocurrency tanked by 50% in two days in March. However, the fact that bitcoin recovered following this crash to hit daily new all-time highs in November and then December shows the virtue of patience. Someone buying the dip in March would have seen over 800% returns in just over 9 months by investing in Bitcoin!

KingSwap is a high-yield liquidity platform decentralized exchange that offers extensive staking rewards, innovative NFT digital collectibles that act as yield boosters, and fiat off-ramp conversions. An evolution of Uniswap, KingSwap provides user-friendly features that provide real-time benefits in terms of price curves and contributor rewards. Last month, KingSwap achieved $4 million USD in transaction volume in its first three days going live. KingSwap’s DEX features are available directly through its website. KingSwap has also rolled out a much-needed fiat off-ramp debit card program that allows holders to conveniently swap their crypto currencies into USD and spend the USD online or at stores, or withdraw cash from ATMs around the world.

KingSwap was founded by a team of experienced leaders in banking, finance, and crypto, including Dr. Anish Mohammed, who has advised and worked for companies including HSBC, Lloyds, and Zurich, and was an early advisor to Ripple and Ocean Protocol; Dunstan Teo, Chief Architect of the Fido Protocol and President of Sanctum Pte Ltd.; and Ho Chin Shin, who previously worked as a director at Standard Chartered Bank; Nomura, Japan’s largest investment bank; and the Bank of Singapore.

KingSwap’s advisors include Venture Capitalist Dr. Giampaolo Parigi (PhD); Professor Alex Nascimento (MBA), Faculty and Co-Founder, Blockchain at UCLA; Michael Terpin, Founder and CEO of Transform Group and Co-Founder of BitAngels; Lionel Iruk, Esq.(J.D), Dr. Robert Choi (PhD), Frank D.(MBA), and also their Chief Advisor Malcolm Tan (LLM).

Wrapping Up

KingSwap is a DeFi project based out of Singapore with a fully regulated* token that introduces a liquidity pool platform with possible fiat conversions. KingSwap’s high-yield liquidity platform offers extensive staking rewards and digital collectibles. Check Kingswap’s liquidity pool.

Kingswap has just launched 4 New Tiers of Metal Cards - called the King’s Card, Queen Platinum, Royal Knight, and Blue Squire. Cards can be reserved here.

*“Regulated” - KingSwap commissioned Gravitas International Associates Pte Ltd, a Singapore Payment Services Act (“PSA”) exempt company, to issue the $KING tokens. A legal opinion regarding the token issuance has been submitted to the MAS in accordance with the PSA requirements. Gravitas has already submitted an application to the MAS for full licensing under the PSA, and the said application is pending review. KingSwap itself has no licensing specific to DeFi projects, as there is no such specific legislation anywhere in the world at this point in time, and is following the regulatory framework of the PSA in Singapore at the time of writing.”

CONTACT:

Company: KingSwap Pte Ltd

Person to Contact: Amanda Tan

Company Address: 50 Raffles Place, Singapore Land Tower #19-03 Singapore

Email Contact:

Websites: kingswap.io - kingswap.info - kingswap.exchange - kingswap.shop

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SOURCE: icoboosterteam.com

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https://www.accesswire.com/622709/KingSwap-Allows-High-Yield-DeFi-Investments-into-Bitcoin-and-KING-Tokens