FAR token information and borrow crypto assets. 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. Lend and Borrow without KYC Get rewarded with Far token whenever you lend or borrow on FarSwap platform.
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. Find more info on FAR crypto currency token.
Round 1: FARSWAP SHO Offer
Allocation: 125,000 USD for 250 Participants , Timeline: Start date of applying: 24/02/2021 10:00 UTC ; Whitelist Termination: 26/02/2021 10:00 UTC ; Announcement of Winners: 26/09/2021 13:00 UTC; Deadline for Deposit: 01/03/2020 19:00 UTC.
How do I participate:
Step 1: Go to FarSwap Platform: farswap.com and click the Whitelist tab.
Step 2: Fill out the whitelist form, make sure you have typed your ethereum address correctly on your whitelist form.
Step 3: Wait for the whitelist timeline to finish and the check the announcement of the winners list of applicants to the whitelist. Winners will be notified via email, so please log in to the platform after the winners are announced and also don’t forget to check your spam folder in your mailbox.
Step 4: Follow the instructions and send the correct amount of money in the correct currency to the given address. Users who send too many or the wrong currency will be removed from the sale and their assets will be refunded only after the sale will end.
Round 2 of the Strong Holder Offering:
The second round of the Farswap SHO program. To be eligible for a SHO lottery ticket, users must input all of the above required informations to the WhiteList . Those users who will be participating in SHO Round 1, can participate in SHO Round 2 again.
Factors that will increase the chances of winning for SHO include:
– Keeping tokens longer.
– If the wallet adress which was added to the White List has a FAR tokens which were already purchased from IEO.
– Holding more tokens.
Overview: Allocation: 75.000 USD for 150 Participants
Timeline:
– Start: 02/03/2021 10:00 UTC
– SHO WhiteList application deadline: 05/03/2021 13:00 UTC
– Announcement of Winners: 05/03/2021 15:00 UTC
– Deadline for Deposit : 07/03/2021 18:00 UTC
How do I participate:
Step 1: Go to FarSwap Platform at https://strongsale.farswap.com/ and click on the SHO tab.
Step 2: Link your wallet address with strong sale .
Step 3: Wait for the end of the SHO timeline and the SHO winner announcement. Winners will be notified via email, so please log into the platform after the winners are announced and also check out your mailbox spam folder.
Step 4: Send the correct amount of money to the address provided in the correct currency after you win. Users who send too many or the wrong currency will be removed from the sale and are refunded only after the sale is complete.
Tokens Sold in both rounds will be priced at 0.000308 ethereum. 25% of the tokens will be distributed to the participants during the listing. To encourage the Farswap Protocol and create a healthy start, Round 1 and Round 2 participants are required to use the Farswap Protocol at least once using their whitelisted wallet in the Ethereum mainnet. Other distributions will be distributed after 1 month.
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 more information on FarSwap.
Key Links
Chainx Exchange Membership: https://chainx.kr/chainvest-detail/2740
SHO page : https://strongsale.farswap.com
Whitelist Form : https://docs.google.com/forms/d/e/1FAIpQLSflhqFFKKVeYLq-wQMBQ3ZzJMaFdZmlrAuKf-4XkCs-Jlm7sg/viewform
Round 2 Presale Form : https://docs.google.com/forms/d/e/1FAIpQLSfYjaCWb37TxLzIFRjRPwn30xgXY6VGq7m1bKQoG2fBIeY7cQ/viewform
General info about crypto currencies and disclaimers
If you are going to aim to be in crypto for the long term, consider building an average position (for example via dollar cost averaging or value averaging). There is no better way to avoid making a poorly timed trade than buying incrementally instead of all at once and thereby buying an asset at its “average” price over time. If you don’t have a really solid grasp of technical indicators and the way the volatile crypto markets work, consider averaging out of positions as well. Averaging isn’t just financially conservative, it is important psychologically. Taking too big of a position at once can be emotionally difficult to deal with (and can thus lead to bad decision making) given the historic volatility of the cryptocurrency market.
What are the different types of Cryptocurrency wallets? There are several types of wallets that provide different ways to store and access your digital currency. Wallets can be broken down into three distinct categories – software, hardware, and paper. Software wallets can be a desktop, mobile or online. Desktop: wallets are downloaded and installed on a PC or laptop. They are only accessible from the single computer in which they are downloaded. Desktop wallets offer one of the highest levels of security however if your computer is hacked or gets a virus there is the possibility that you may lose all your funds.
Analyse historical price charts to identify telling patterns. History has a habit of repeating itself, so if you can hone in on a pattern you may be able to predict future price movements, giving you the edge you need to turn an intraday profit. For more details on identifying and using patterns, see here. This is one of the most important cryptocurrency tips. By looking at the number of wallets vs the number of active wallets and the current trading volume, you can attempt to give a specific currency a current value. You can then make informed decisions based on today’s market price. The more accurate your predictions, the greater your chances for profit. If you anticipate a particular price shift, trading on margin will enable you to borrow money to increase your potential profit if your prediction materialises. Exchanges have different margin requirements and offer varying rates, so doing your homework first is advisable.