Europe is stronger today than ever before! And at this moment, the European Union is strengthening its position in all directions, including the development of the digital economy of the Web3.0 Century. This was stated by the President of the European Commission Ursula von der Leyen back in 2021. In turn, the independent project EuroSwap has already begun to build a “Bridge” between the euro and crypto.
The European Central Bank is preparing to issue a digital euro. Deutsche Bundesbank polls proved that 23% of Germans are waiting for the launch of the crypto euro. This is roughly the same statistic across Europe. Parliament now needs to popularize cryptocurrency in Europe to make the digital euro effective.
Fabio Panetta is an executive board member of the European Central Bank
“For this to come about, a large share of the population would need to use the digital euro on a regular basis. It would not be necessary for them to use the digital Euro for most of their daily payments.
The biggest problem with the lack of popularity of crypto in Europe is a banal lack of understanding of the technology. The more Europeans learn to use cryptocurrency now, the more popular the digital euro will be when it launches. Therefore, Austrian developers have launched a project that will trigger a crypto-boom in Europe. This project is called EuroSwap – European Decentralized Crypto Exchange (EDEX). A few days after the launch of EDEX tokenseal, this news is already at the Top of many crypto news and communities.
EuroSwap attracts investors primarily because it allows them to buy and sell crypto for euros on a fully decentralized exchange. Investors who participate in the early sale realize that EDEX tokens have much more potential than the “kitchen” tokens of PancakeSwap, BakerySwap, BurgerSwap, and the rest. Because here the developers reveal the potential of the continental exchange for its direct purpose, as well as EuroSwap, which is a tacit partner of the global European Crypto-Initiative and even the ECB.
In addition, according to the developers’ statements, their main partner in creating a fiat euro gateway will be VISA. And this all attracts crypto investors to fill their portfolios with EDEX tokens, which is why there is such a stir around the project.
How do I get the opportunity to buy an EDEX token at the current Priority Session?
The current phase of the token sale is Priority Session, where buyers get the biggest advantages in both price and service. For example, these early investors get personalized support, which buyers who come to the project after Priority Session will not have. You also get the opportunity to buy 1 EDEX at a price of 0.1 euro (0.116 BUSD). The total EuroSwap issue is 746,000,000 EDEX, which is equal to the number of all Europeans. In other words, every European could potentially own at least one EuroSwap token.
EuroSwap will, for the first time in world history, allow buying and selling cryptocurrency on the Decentralized Exchange for the eurozone’s official currency, the euro €. EDEX will open the floodgates for transactions between the fiat euro and cryptocurrencies.
That is, now hundreds of millions of Eurozone residents will be able to safely buy cryptocurrencies with a simple bank card and just as easily withdraw their profits on the card. This will ensure a minimum of regulatory intervention because all transactions will be handled in a decentralized manner according to Web3.0 principles. And additional security will be provided by payment systems. From a global perspective, the developers of EDEX plan to cooperate with Visa.
In November 2021 the developers of EuroSwap gave access to the automatic Swap exchange for the first BUSD / EDEX pair – https://app.euroswap.io Each EDEX investor is guaranteed the right to own a share of the intellectual and commercial property of the EuroSwap project and has the opportunity to participate in the company’s profits.
Early Stacking up to 152% APR
On January 15, 2022, the EDEX team reasserted its position as a serious player in the Web3.0 business by opening Early Staking to its investors. EuroSwap EDEX has made this technology available to its investors now – during the early token distribution phase.
EuroSwap has opened up Early Staking up to 152% APY for all EDEX investors. This is an incredibly brave step from the developers because they refused to block tokens and gave investors the opportunity to decide for themselves: to leave tokens in the wallet before trading and get the minimum profit or add them to Staking with yields up to 152% APY.
Two weeks after the launch of Early Staking more than about 73% of investors staked their EDEX tokens for a period of 12 months – https://stake.euroswap.io These numbers suggest that the entire year after the launch of the Trading Season the EDEX token will show a Bull Run because early investors will not sell their assets for a minimal profit.
EDEX token is backed by the project’s capitalization in the digital market, as well as the Decentralized Exchange earning mechanisms – EuroSwap will primarily earn 0.03% on commissions from each cryptocurrency transaction and 0.8% when trading cryptocurrency with fiat euro. In this way, the project becomes profitable and its capitalization grows as the product develops and Europe’s general vector towards crypto. EDEX gives its holders the right to own shares of the intellectual and commercial property of the European Decentral Crypto Exchange project. This means that when you buy EDEX, you are buying a digital bond that guarantees your ownership and participation in EuroSwap’s profits.
Follow EuroSwap project updates on the official community channels on Telegram and Twitter.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
