Klever Swap Lists Reef Finance (REEF)
Klever has listed Reef Finance (REEF), with 10 direct trading pairs as part of the expansion of Klever Swap's growing list of available tokens for instant swap from ETH, TRX and BSC blockchains.
Klever Swap has officially listed Reef Finance (REEF) for the BEP20 (Binance Smart Chain - BSC) network with 10 direct trading pairs in Klever app:
REEF/KLV, REEF/BTC, REEF/ETH, REEF/TRX, REEF/USDT (ERC20), REEF/USDT (TRC20), REEF/KBTC, REEF/KETH, REEF/BUSD (BEP2), REEF/BUSD (BEP20)
What is Reef Finance?
Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings. Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use.
Because of how it has been built on Polkadot, Reef is able to support DeFi protocols on Avalanche, Moonbeam and Plasma, as well as on Ethereum and the Binance Smart Chain. As a result, Reef users have access to a broader number of platforms without requiring multiple accounts and a myriad of usernames and passwords that can be difficult to keep track of.
Reef is geared towards newcomers, as well as current DeFi users who find it difficult to keep up with the best investment strategies. The company also wants to tackle the high gas fees that are seen on the Ethereum blockchain, which some claim renders DeFi protocols “unusable.”
Klever Swap is a core service of Klever app that makes it simpler, faster and more convenient for our users to exchange cryptocurrencies at the click of a button. By monitoring live price action on top-tier exchanges, our native Swap engine creates a price index that is used by the Swap.
The swap itself is conducted by fully autonomous bots, built and maintained in-house by Klever’s developers team. These bots continuously seek the best exchange rate and prices among the top exchanges, and then execute the Swap with high precision, security and speed. Klever Swap project is part of Klever Exchange.