How many ICO projects do you know have an exchange already partnered before the ICO? There aren’t many. Luckily for investors on the Safe Haven platform, one such exchange has signed on to list SHA tokens – Bancor Protocol.
So what is Bancor Protocol?
Bancor is a decentralized liquidity network which aims to solve the present cryptocurrency liquidation problem. Presently on most exchanges, one can only convert a crypto they hold to another, by first converting to either BTC, ETH, LTC, and then buying their desired crypto. Such a hassle. And the user also loses value through trading fees.
With the Bancor Partnership, SHA tokens can readily be converted to any other crypto instantaneously, regardless of volume and outside of exchanges. Presently, there are over 100 coins added to Bancor, with more being added every day.
Usually, the first set of projects who sell their cryptos are bounty hunters and air droppers. Bancor is an ideal place for them to convert their SHA tokens as quickly as possible into another crypto.
Also for those who’ve been restricted from buying SHA tokens during the ICO, Bancor offers an excellent opportunity to buy cryptos, as there’s little to no verification on Bancor. So while Bounty Hunters sell right after an ICO closes, there’ll surely be investors wanting to buy.
Which category do you fall in?
Having an exchange already partnered is excellent news. It shows that Safe Haven is securing and forming partnerships with established projects like Bancor, and this is a plus for any investor.
How much are you invested with Safe Haven?
Lots of new and exciting partnerships with Safe Haven recently. Is the FOMO setting in yet?
As always, DYOR and read their whitepaper!![1*OhledUa4F85KFj0PPiW1qg.png]