FWC Now Available on Centralized & Decentralized Exchanges and Can Be Exchanged for BNB (2024)

November 30, 2022 2:47 PM EST | Source: Blockman.Pro

Dubai, United Arab Emirates--(Newsfile Corp. - November 30, 2022) - Football World Community (FWC) fans can now buy the token through a number of different centralized and decentralized exchanges including but not limited to BitForex, PancakeSwap, Hotbit, BitMart, and more. The team also recently announced that users have the option of exchanging FWC for BNB or in any of the compatible CEX/DEX platforms. FWC is also the native token of the QATAR 2022 TOKEN project.

FWC Now Available On Centralized & Decentralized Exchanges

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The team wants to leverage the sheer popularity of the global sport and the ongoing FIFA World Cup in Qatar to bring both football fans and crypto aficionados together. This is a project that hence aims to bring together these two worlds so that users can enter the world of 'crypto football'.

What's there to know about FWC?

The total supply of FWC tokens is 200 quadrillion (200,000,000,000,000,000) and there are no fees or taxes and it is entirely owned and operated by the community. Essentially, it is a self-staking token whose ownership was renounced and given to the community at the time of its creation. This decentralization of power has allowed FWC to thrive as a fully community-driven project with highly engaged holders and daily growth.

The FWC project, which was released on the Binance Smart Chain (BSC) network on February 10th, 2022, has been iteratively built and improved upon through volunteers within the community since its inception. Individuals from a wide range of backgrounds and expertise came together to contribute to FWC's growth, including but not limited to graphic designers, writers, web developers, influencers, marketers, data analysts, translators, and many others who wish to turn FWC into an inspiring model of community-driven success.

What has FWC accomplished thus far and what are its future goals?

Ever since its launch, the project has since evolved into a unique social experiment in which the investors are assimilated into the project on both a community and developmental level. As such, FWC looks to do its part to contribute to this progressive, exciting age of the 'Social Blockchain', with considerable progress made by its community in a relatively short period of time.

Furthermore, in order to achieve a better collective customer experience, the team is currently integrating different blockchain and NFT technologies. The platform is also built on the BSC as aforementioned, which helps maintain digital assets' authenticity, traceability, and immutability. To aid transactions, it also has a dynamic user interface as well as a fully customizable API. Moreover, as FWC Token is a BEP-20 token used to purchase club tickets, book hotels, use various related services, place bets, and participate in lotteries, its usage is primarily determined by users' personal preferences.

The team also plans to rename this token 'X 2026 TOKEN' (COUNTRY 2026 TOKEN V2) and connect it to new football technology by the end of December, 2022. This new token will be used in football technology such as robots, AVR, and others. After December, the new version of the token will be available with access to cutting-edge technology for the next four years. Detailed information about the platform's future goals can also be found via the official roadmap.

About FWC

With an innate desire to bring the exciting worlds of football and crypto together, the FWC team realized the vast potential that lay in a platform specifically designed to cater to these two specific industries. The team also consists of qualified individuals with experience across a range of different fields including branding, development, management, and more.

FWC may hence best be understood as a digital currency platform which enables users to create virtual currencies while striving to ensure their security and safety at all times. It has already gained various influential partners such as LBank, Gino Assereto, Sofia Zamolo, CoinTiger, BitMart Research, among others.

For additional information and regular updates, visit the official website along with the Instagram, GitHub, Telegram, and Twitter channels.

Contact: Leo King
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/146198

FWC Now Available on Centralized & Decentralized Exchanges and Can Be Exchanged for BNB (2)

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FWC Now Available on Centralized & Decentralized Exchanges and Can Be Exchanged for BNB (2024)

FAQs

What are centralized and decentralized crypto exchanges? ›

Centralized Exchanges (CEXs): Control users' private keys and funds, acting as custodians. Decentralized Exchanges (DEXs): Allow users to retain control of their private keys and funds, using non-custodial wallets.

Are decentralized exchanges illegal? ›

Licensing and Registration: Some countries require cryptocurrency exchanges, including DEXs, to obtain specific licenses or register with regulatory authorities to operate legally within their jurisdictions. Meeting these requirements while remaining decentralized and borderless can be intricate.

Are there decentralized exchanges? ›

A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto's core possibilities: fostering financial transactions that aren't officiated by banks, brokers, or any other intermediary.

Is Coinbase a centralized or decentralized exchange? ›

Is Coinbase centralized or decentralized? Coinbase is a centralized exchange. The exchange is owned and operated by a centralized entity — Coinbase Global, Inc.

What are the major downsides of decentralized exchanges? ›

Disadvantages of a Decentralised Crypto Exchange (DEX)
  • Limited Functionality and Ease of Use. Unlike the powerful and feature-rich dashboards of centralised exchanges, decentralised ones tend to be far more limited in functionality and even ease of use. ...
  • Lower Liquidity and Trading Volume. ...
  • Efficiency. ...
  • Code Security.
Feb 6, 2024

What is the safest decentralized exchange? ›

Curve is considered one of the safest and most trusted decentralized exchanges in the space. As a result, many investors put their stablecoins with Curve to earn low risk staking rewards! What's great about Curve: Trusted exchange in the DeFi space.

Can decentralized exchanges be tracked? ›

Despite perceived anonymity, blockchain technology allows cryptocurrency transactions to be traced. The blockchain serves as a public ledger, enabling anyone to view transaction records.

Do decentralized exchanges report to the IRS? ›

Under new regulations, soon both centralized and decentralized exchanges operating in the US will be required to issue 1099-DA to the IRS detailing users' transactions.

Who controls decentralized exchange? ›

Decentralized exchanges prioritize user control. Users interact directly with smart contracts, retaining ownership of their private keys throughout the trading process. This not only enhances security but also aligns with the core philosophy of cryptocurrency: self-sovereignty over one's assets.

Can you buy Bitcoin on a decentralized exchange? ›

Bisq is an off-chain, peer-to-peer decentralized crypto trading platform for buying and selling BTC in exchange for fiat and other cryptocurrencies. The Bisq exchange utilizes a network of nodes to facilitate trades between users.

Which is an example of a decentralized exchange? ›

Airswap is a decentralized exchange that focuses on peer-to-peer trading with zero slippage. RhinoFi is a decentralized exchange that facilitates fast multichain token swaps. Balancer is a popular automated portfolio manager and decentralized trading platform for Ethereum.

What does centralized and decentralized mean in crypto? ›

What does decentralized mean in cryptocurrency? Decentralized exchange is a non-centralized alternative to centralized exchange in which no single entity is in charge of the assets. In contrast to traditional centralized exchanges, smart contracts and decentralized apps are used to automate transactions and trades.

What is the best decentralised crypto exchange? ›

Top Best Decentralized Exchanges For 2024
  1. Uniswap. Uniswap exchange, one of the pioneers in the DEX space, is an automated market maker (AMM) protocol built on the Ethereum blockchain. ...
  2. SushiSwap. Forked from Uniswap, SushiSwap is a community-driven DEX that has rapidly gained popularity. ...
  3. PancakeSwap. ...
  4. Balancer. ...
  5. 1inch.

What is the difference between decentralized and centralized? ›

In centralized organizations, strategic planning, goal setting, budgeting, and talent deployment are typically conducted by a single, senior leader or leadership team. In contrast, in decentralized organizations, formal decision-making power is distributed across multiple individuals or teams.

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