@LayerSwap is a very useful tool to send out your assets from centralized exchanges after the #FTX drama, Remember NOT YOUR KEY NOT YOUR MONEY
so it's two birds with one stone
⭕️ Like/RT To Support
#AlphaInsiders 🧵🕵️♂️⚡️🪂
WE (AlphaInsiders) ARE NOT FINANCIAL ADVISORS.
THIS IS NOT FINANCIAL ADVICE.
Everything in this thread is intended as educational material, not financial advice for any individual. ALWAYS DYOR.
⭕️ What's Layerswap?
Layerswap is the instant, gasless solution for transferring assets from Cex. It utilizes the internal ledger of crypto exchanges to provide an instant & cheaper bridge to L2 with integrations with all major crypto exchanges & L2s.
#LayerSwap is not a custodian, all asset transfers are done P2P. After the user selects the criteria for transfer (currency type and amount, exchange, wallet address, network) they will be shown both fee & the amount of currency that will arrive in the wallet address provided.
⭕️ Cex Supported List
🔸Binance🔸CoinBase🔸Kucoin
🔸Okex 🔸Kraken 🔸Crypto.com
🔸Huobi 🔸Bittrex 🔸Bitfinex
🔸and Blocktane
⭕️ Network Supported List
🔸Optimism / Arbitrum One/Nova
🔸ZkSync / ZkSpace / StarkNet
🔸Boba / Loopring / ImmutableX
Layerswap has more than 20,000 active users and collaborates with a number of major players in the crypto world including @ArgentHQ
In April, LayerSwap received a $1,5M investment from leading cryptocurrency companies (StarkWare, Argent, ImToken, zkSync) and venture capital
In the past 6 months, Layerswap transaction volume has been more than $80M, and Just a few days ago Aram Kocharyan the CEO and Co-Founder of Layerswap revealed they are completing the second $2.5M Seed investment round in Layerswap with DeltaFund
⭕️ Pros
It's a unique service and can really save you time and money. Just imagine directly sending money to Arbitrum Nova, Zksync or StarkNet.
You can use it to withdraw your money from CEX and stay in control of your assets ⚠️
⭕️ Cons
There are no Docs, Whitepaper or Roadmap
⭕️ Airdrop
It's not confirmed (yet) but as I said can save you time/money so might be a good idea to use it in case they launch a token
⭕️ What to do?
🔸Use the product/Repeat
🔸Join Discord and share feedback
🔸Follow @AlphaInsiders for future updates
if you don't wanna miss the next Alpha/Airdrop
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This is #AlphaInsiders🕵️♂️⚡️