LetsExchange, a go-to crypto exchange hub listing over 4,500 cryptocurrencies, has listed the UniLend token (UFT). As a result, the crypto community can now swap this token for thousands of other coins and tokens through LetsExchange’s user-friendly widget. Additionally, LetsExchange partners using ready-made crypto exchange solutions can allow their users to swap UFT on their platforms.
Users exchanging UFT tokens for other supported cryptocurrencies on LetsExchange.io can benefit from market and fixed rates. In the first case, the platform will automatically select the best rate among all liquidity providers. With 20+ liquidity providers integrated with LetsExchange, users can expect the best market rates when exchanging UFT tokens directly for other cryptocurrencies. Meanwhile, the fixed rate will allow UFT users to receive the amount specified for a specific cryptocurrency pair. This feature is really useful in today's volatile crypto market.
LetsExchange also plans to launch a marketing campaign with the UniLend team. The campaign aims to foster the visibility and adoption of UFT through activities like Ask-Me-Anything (AMA) sessions and interviews with UniLend team members.
Alex J., Chief Product Officer (CPO) at LetsExchange, commented: “Listing the UFT token on our platform expands investment and trading options for our customers. So, we welcome the addition of this digital asset and look forward to further cooperation with UniLend Finance.”
UniLend Finance is a multichain permissionless lending and borrowing protocol for all ERC-20 tokens, contrasting with other DeFi protocols that support only ~30 assets. It is the world’s first permissionless lending and borrowing protocol for ALL ERC20 tokens. UniLend is developing a futuristic base layer for all DeFi applications. UniLend enables anyone to list any ERC-20 asset on its platform, making lending and borrowing functionality accessible to every token. Users can easily lend and borrow any ERC20 tokens, and enable their token’s functionality for lending to earn an interest rate. Anyone can create a dual asset pool for lending and borrowing for any pair of assets in a permissionless manner. UniLend's mission is to unlock the full potential of digital assets for their owners. The UFT token is primarily used to facilitate governance of the UniLend protocol. UFT Holders will get benefits while using the platform such as priority access, lower fees, higher yield on selected pools.
LetsExchange is an industry-leading exchange platform that supports over 4,500 coins and tokens, the biggest number of assets in the market. Along with crypto-to-crypto swaps, users can benefit from DEX and on-ramp/off-ramp functionalities. LetsExchange’s partners can integrate crypto-to-crypto swap functionality through API. DEX and Buy/Sell functionalities are also available through adjustable exchange widgets and Telegram bots.