Is Seesaw Protocol SSW a Scam? How to Avoid Cryptocurrency Rug Pulls Riteway

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SeeSaw Protocol, a cryptocurrency based on blockchain technology, is a type of electronic money. The core notion of blockchain is that it is a distributed ledger, which means that it requires consent among the parties involved whenever a transaction seesaw protocol is made. Furthermore, owning and retaining the Seesaw token may result in benefits. Those who bought the tokens will earn from everyone who buys and sells them, with a portion of all purchases and sales going back to the Protocol.

A utility cryptocurrency simply means that these coins and tokens proposition the right to procure a product or service. It requires a smart mind and the ability to accurately forecast the success of a specific crypto asset to be successful in the trading and investing of cryptocurrencies. After reading this article, not only will you know which tokens to purchase or invest in but also when is best to invest in these coins too.

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History has repeatedly shown that investing in a cryptocurrency before it launches is the best way to see amazing gains. Seesaw Protocol (SSW), a new cryptocurrency that has recently opened its https://www.xcritical.in/ presale, could be the next gold rush. The coin’s initial price is set at $0.005, with “BNB, BTC, ETH, BCH, LTC, DASH, DOGE, USDT (ERC20-TRC20), and many more” allowed as purchasing currencies.

As for now, how the tokens will behave in the future, only time will tell. On the bright side, their current market price makes them an ideal entry point into the crypto market. Just remember to do your research before investing in any crypto project. Allegedly based in Switzerland, the SSW protocol can revolutionize the crypto market in multiple ways, starting with unifying it exclusively. With such strong positives, investors would naturally want to bank on the opportunity of acquiring them, raising their value all the more. SSW capitalization is set at 990,000,000, and the project is presently in its Q3 pre-sale phase.

The suspicion of SSW as the next 10,000x began making the rounds when in February, despite the crypto coin market crash, both Bitcoin and Ethereum plunged 10%, and SSW kept rising. This could be the next big investment, with all eyes on the currency itself, but caution is advised. Every investor, like every newcomer and every industry, is encouraged to conduct their own study and make their own decisions. This will provide access to the next presale round, which will finish a month later on March 25th, 2022 with 89,100,000.

• With such strong positives, investors would naturally want to bank on the opportunity of acquiring them, raising their value all the more.
• As this cryptocurrency gains popularity and is featured on exchanges such as PancakeSwap and Uniswap, its value could increase.
• However, we’d be happy to take a look, so hopefully, you’ll get your money back.

Let’s say just the promise of a multi-chain fully decentralized finance platform were enough to pique your interest. And in the process, allow folks to find the best speeds and lowest fees to carry out transactions. Considering the high gas fees, slow speeds and security issues of some networks, this project has a lot of upside potential. Polkadot (DOT) is a one-of-a-kind Proof-of-Stake cryptocurrency to bring other blockchains together. Polkadot’s relay chain is its most crucial component, as it allows multiple networks to connect.

Seesaw Protocol (SSW) — Connecting BNB Chain, Polygon, and Ethereum

Like with all new ideas, anecdotes of scams and uncertainty follow. Unless you have truly endowed your time into gaining knowledge of the mechanisms of cryptocurrency, it is likely you will always have doubts. If the price surge of over 640% in the first stage of its presale is anything to go by, then it is innocuous to adopt the notion that Seesaw Protocol is profitable. The Seesaw token can be swappable between multiple chains with almost 0% commission.

The whitepaper does not divulge this information; however, it’s worth noting that there are numerous “legitimate” cryptocurrencies with anonymous creators and teams, including Bitcoin. We’re trying to remain open minded about the Seesaw Protocol crypto token project. We really hope it pans out and some of those early investors are rewarded for their trust. And we’re looking forward to how all of this pans out come April 8.

This could raise eyebrows in itself but all the evidence points towards legitimacy. The price started at $0.005 and has increased by more than 500% to $0.031 at the time of writing. Think of it as the standard currency exchange; the stronger your currency exchange rate, the cheaper your imports. SSW’s main objective is to enrich your crypto experience through the promise of a fixed low fee of 3%, better rates, and absolute transparency. According to the official whitepaper, the project is currently being onboarded for audit by CertiK. However, at the time of this writing, the audit itself hasn’t been completed, which means that there’s no official security assessment of the Seesaw Protocol.

That’s not too much, so let’s take a look at the review of seesawprotocol.io below. The Seesaw protocol is a decentralized, multi-chain, noncustodial ecosystem of Defi products, protocols, and services.

This encourages coin holding, and consumers may be encouraged to keep their investments rather than swiftly holding and selling. In the long run, a less volatile currency may represent a favorable opportunity for investors. The Seesaw Protocol team is dedicated to creating the best crypto community possible, and one way they are doing so is by charging a charge on each transaction. Each SSW buy is subject to a 3% fee, and each sale is subject to a 5% fee. This is beneficial to holders because the fees are dispersed among existing SSW holders, thus the longer you hold, the more tokens you’ll have.

It will also be less expensive, thanks to plans for a cross-platform NFT marketplace and its multibridge access capability. However, Seesaw Protocol (SSW) is not a passing fad, as it has an ambitious vision that will see it added to numerous exchanges as it seeks to be a true multi-bridge cryptocurrency. SSW will be introduced on the Ethereum, Polygon, and Binance Smart Chains, allowing holders to transfer value rapidly and cheaply between the three mainstream networks.

The SSW Tokens channels multiple blockchains and facilitate delivering value to their proprietors at preeminent rates like standard currency exchange. By retaining its 3% fixed fee on token utility and retaining the transparency of exchange at better rates, the protocol aims to bridge various crypto blockchains in the market. The investors lose out and the creators make off with their money.