Coinbase has been around since 2012 and has grown since then to become the second-largest crypto exchange in the world, with a 24-hour spot volume of about $2 billion. It has also benefitted from the latest Spot Bitcoin ETF narrative, being the custodian of most of the Spot Bitcoin exchange-traded funds (ETFs) in the United States.
However, it has a new competitor, and this latest player is ETFSwap (ETFS). With groundbreaking technology and innovative products, ETFSwap (ETFS) has come to take Coinbase’s place as the foremost platform for Bitcoin ETF trading.
How ETFSwap Is Taking Over Coinbase In The Spot Bitcoin ETF Market
ETFSwap (ETFS) is a trading and investment platform that aims to bridge the gap between traditional ETFs and the dynamic world of cryptocurrencies. It leverages the unparalleled security of blockchain technology while tapping from the immense liquidity of the ETF world. Combining the best of both worlds, it is a beacon ready to take crypto investing to the next level.
Moreover, the entire process is anonymous and KYC-free, ensuring that the principles of decentralization are followed to the core. Thus, anyone can buy, sell, swap, or store Bitcoin ETFs on the ETFSwap (ETFS) platform. This is more than we can say for Coinbase, which is a centralized crypto exchange requiring strict KYC procedures.
Therefore, ETFSwap (ETFS) makes it easy to swap Spot Bitcoin ETFs for cryptocurrencies or fiat. You can convert GBTC, for example, to USDT on ETFSwap the same way you swap Ethereum (ETH) to USDC on Uniswap.
Coinbase, on the other hand, does not offer the ETF convertibility options that ETFSwap (ETFS) does. While the majority of Spot Bitcoin ETF issuers have chosen Coinbase as the custodian for the underlying BTC that backs their funds, you can’t trade them on the exchange.
As with any reputable crypto platform, ETFSwap (ETFS) has conducted an audit of its operations. Cyberscope, a leader in blockchain auditing, carried out a thorough audit of the platform before pronouncing it safe to transact on and free from any critical vulnerabilities.
Important Aspects Of The ETFSwap (ETFS) Ecosystem
The ETFSwap (ETFS) ecosystem provides investors with a wide range of ETF products and tools, even extending beyond the crypto world. In addition to spot and future crypto ETFs, it also offers ETF products that track the performances of commodities like Gold, fixed-income products like bonds, and market indexes like the S&P 500.
To further enrich the trading experience of ETF investors, ETFSwap (ETFS) equips them with a leveraged trading tool through which they can amplify their return potential by up to 1,000%. This is in addition to ETF screening tools that help investors find the most suitable ETFs for them based on their search parameters and investment preferences.
These trading products give it an edge over Coinbase in the Spot Bitcoin ETF market, making it the go-to platform for Spot Bitcoin ETF trading and investing.
Join The Ongoing ETFS Token Presale
The ETFSwap (ETFS) platform is currently holding its presale event. Each token is selling for $0.00854 in Stage 1 of the presale. The platform has also provided a generous bonus of 18% for Stage 1 investors. However, when Stage 2 starts, the price of each token will shoot up to $0.01831, representing a return of more than 100% return already for Stage 1 buyers.
You can join the presale by creating an account on the ETFSwap (ETFS) website or connecting to the website with your crypto wallet. Accepted cryptocurrencies are Bitcoin (BTC), Ethereum (ETH), USDT, USDC, and BUSD.
With over 25 million tokens sold, this is currently one of the fastest-selling presales in the crypto world. Join now and lay a solid foundation for your financial future.
For more information about the ETFS Presale:
