Margins swap is unstoppable this week, MFI is approaching its all-time high of $ 3.93 again
Marginswap (MFI) is a rising star in the world of decentralized finance (DeFi) that enables users to conduct cross-margin swaps using the aggregated liquidity of Uniswap and SushiSwap. The MFI token has also performed well this week, with an 800% increase over the past 7 days.
To learn more about margin swap and find out where best to buy MFIs today, read on.
How and where you can buy Marginswap in Germany and elsewhere
Margins swap can be bought from a suitable crypto exchange or broker platform. Choose one of the two suggestions below and create an account. Once you have deposited your starting capital, you can start trading the most popular coins today.
We advise MFI investors to avoid unregulated exchanges and brokers as the lack of oversight means the financial authorities are powerless if your money is lost or stolen.
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What is margin swap?
Marginswap is a cross-margin swap platform that leverages the aggregated liquidity of Uniswap and SushiSwap, two of the biggest names in the DeFi sector. But what does it all mean? Cross-margin swaps allow users to deposit collateral and then borrow additional funds (up to 5x leverage) to swap more capital than they actually own.
While this increases the risk, it also greatly increases the potential profits for well-timed trades. Marginswap is tied to both DEXs, which means that users have access to both of their liquidity pools at the same time – two are always better than one. The MFI token itself enables users to take part in voting on corporate governance and also to receive exchange fees via staking.
Should I Buy MFI Today?
Given the use case, there is a very good chance that margin swap will become one of the most popular products in the DeFi sector in the months and years to come. It combines the liquidity of Uniswap and SushiSwap (and also Pangolin) and adds a cross-margin leverage function. This gives the project the potential to overtake the leading DEXs.
MFI performed very well on the market this week with an increase of 800% within 7 days. If this uptrend continues, a new attempt at an all-time high is foreseeable. The price scratched the $ 3 mark yesterday, creating a basis for targeting a new high above $ 3.93. Should the overall market move in the green again, the positive sentiment could favor such a rally.
This article is for informational purposes only – none of the content should be construed as financial or investment advice.