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What Is PAWSWAP?

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Jun 30, 2023
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4 min read
what-is-pawswap

This blog post will cover:

  • About PAWSWAP (PAW)
  • Where did PAWSWAP (PAW) come from?
  • What are the advantages of PAWSWAP (PAW)?
  • What are the disadvantages of PAWSWAP (PAW)?
  • How to buy PAWSWAP (PAW) on SimpleSwap?

About PAWSWAP (PAW)

Pawswap has been meticulously crafted with a central focus on decentralization, driving its development and inspiration. Taking cues from the remarkable achievements of SHIB, the Pawswap team is dedicated to replicating and embodying the same level of triumph.

The cornerstone of the project lies in the PAW token, acting as the key that unlocks the gateway to this innovative platform. With a relentless commitment to community-driven novelty, the team aspires to revolutionize the decentralized landscape, paving the way for transformative change.

The roadmap of the company is quite clear. It includes research & development, launching of the token, alpha testing, community-driven governance, beta testing and public launch. 

Where did PAWSWAP (PAW) come from?

The founders of the project prefer to stay unknown. The project was born in February 2023. 

The project's goal is to forge a DEX that empowers people, granting them full agency over their financial destiny. Its core objective is to establish a secure and user-friendly platform for trading cryptocurrencies, ensuring a safe haven for users.

The project founders hold the belief that decentralization possesses the remarkable chance to level the playing field, removing the need for a centralized authority. Their ultimate aim is to construct a community-driven concept that embraces transparency and inclusivity, catering to all individuals. It will be created taking into consideration the security, autonomy, and freedom of choice, with the profound conviction that decentralization holds the potential to democratize finance, offering opportunities for everyone.

What are the advantages of PAWSWAP (PAW)?

  1. Roadmap available
    
    The PAW team has published a roadmap for the next 1,5 years. This might be a good sign because not so many newbie projects have revealed their plans so far.  
  2. Easy interface
    
    It will be easy to use for both newbie crypto enthusiasts and professional traders.

What are the disadvantages of PAWSWAP (PAW)?

  1. Lack of information
    
    There is not so much information concerning the project so it could be quite challenging to do a full research on it.  
  2. Another meme token
    
    PAW may be considered as “another meme token” and a copycat of Shiba Inu. This might seriously undermine trust of the crypto community.  

How to buy PAWSWAP (PAW) on SimpleSwap?

If you plan to purchase PAW, we are always here to help. All you have to do is follow the steps below:

  1. Select the cryptocurrency you would like to exchange (for instance., Bitcoin). Enter the amount you want to swap.
  2. Choose PAW in the second drop-down list (the crypto you would like to receive). You will see the estimated amount that you will get after the exchange.
  3. Click the Exchange button.
  4. Enter the Recipient's Address. PAW will be sent there. Please ensure you enter the right address.
  5. Create the exchange.
  6. You will see the BTC deposit address. You need to transfer the necessary amount of BTC to this address to start the exchange. After that, wait for tokens to reach your wallet.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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