1INCH exchange is joining Binance Smart Chain

In a recent blog post on Medium the 1INCH team announced that they are expanding to the Binance Smart Chain Ecosystem. link and photo

1INCH is a DEX aggregator and liquidity provider based on Ethereum and observing the popularity of Binance CeDeFi decided to go where the winds blow and join the bandwagon.

This opportunistic move... I mean this strategic partnership will allow their customers to Degen and Yolonvest on a wide variety of highly popular and speculative meme food coins and swaps like Pancake and Burger and be part of other gambling activities... I mean yield farms and lending stuff in BSC ( Binance Smart Chain ).

For all the technical details, if you actually care and if they actually matter you can read here and here .

So, 1INCH joins the hottest and most colorful Crypto Casino to date and joking aside I think it is a great move. Being a DEX aggregator that is a DEX of DEXes the more choices you give to your customers the more valuable you become to them.

This also shows their dedication not to sit and wait for Ethereum to improve, but they are taking action and try for the best and this makes me happy as a bag holder aka investor.

And if you want to take it a step further when DEXes launch on PolkaDot and Cardano they will do the same thing and if they pull it off they will be one of the most valuable DeFi projects in the market.

After the news broke out there was a small pump and I expect more price action as the market settles. Until then I am collecting my staking rewards and wait for the huge pump to sell a portion of my holdings at a profit.

Of course, everything I wrote here is not financial advice and has educational purposes only.

And until all of our bags go to the moon...

Be healthy and smile.

Posted Using LeoFinance ^Beta