Chainlink-Powered Crypto Set to UNITE All Blockchains | ChainSwap

What's is ChainSwap? The Uniswap Killer using Chainlink's CCIP? Today we partnered with ChainSwap a decentralized cross-chain asset swap platform that enables the seamless transfer of assets between different blockchains. 👍

ChainSwap is a channel sponsor.

ChainSwap has not direct affiliation with Chainlink or Circle, the companies, but are utilizing their products CCIP & CCTP.

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TimeStamps:
00:00 Intro
01:11 What is ChainSwap?
04:51 Growth & DApp
05:52 Roadmap & Token
08:27 Final Thoughts

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Disclosures of Material holdings:
Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.

Material holdings over $1000 (in no particular order): BTC, ETH, MINA, DOT, SUPER, FEAR, XCAD, XDEFI, LINK, INJ, VPAD, BICO, SIS, MATIC, BNB, LMWR, TET, PAID, PRISMA, MXM, COTI, AIT, SEED, ESE, ZKL.

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[reginaldyisrael]

If you missed Uniswap in its early days, ChainSwap is your second chance. It's first mover in cross chain swaps. Amazing tech and community. Crypto needs what ChainSwap is offering.

[rodrigogazcon]

I think people are sleeping on AMS59K ecosystem.

[DafneCamilaGarciaZenil]

AMS59K is a sleeping giant, buy while it's still under $10. I expect this to at least 5X from its current position easily.

[jeannemasar]

Estou financeiramente favorecido, obrigado Jesus, lucro semanal de $ 38.500, não importa quão ruim esteja a economia💰❤️🌝

[HyperArcadeSystems]

Uniswap got to 22 Billion last bullrun... This will hit 5 billion, at least.

[mikedemasi]

Cswap will have a multi billion dollar mc

[amig]

5% transaction fee is very high. They must be confident this valuation for transactions is worth it to users

[JackButcherrr]

That's great, man, but for a second I thought you were talking about Gasp! They're also taking a step at uniting all blockchains with their Ethereum native cross-chain protocol. Their approach to fast, gas-free, and MEV-protected swaps is something to keep an eye on!

[manueldios]

Why you didn’t talk about this 1 month ago when it was 10x cheaper

[xXyasabeXx]

Whatever happened to Coti? Lol
This channel and crypto banter mentioned it, then never again lol

[rw]

Flare Network is doing this but much better as they have decentralized data oracles.

[Nate-zyce]

Good video, as usual. A question. Can you, or someone here, explain somewhat briefly, how swaps are dealt with in terms of US taxes, reporting and paying? I'm not looking for an accountant's advice, rather some understanding of how that works. I mean, every time you swap, do you have to have a record of the USD value of both sides, and consider that swap a buy and sell, or maybe if you have one or a series of swaps, is the assumption the value is equal at time of swap, and for tax purposes you just worry about the initial buy and the final sale after any and all swaps, or something else? Thank you. Oh, and has the IRS recognized this approach, or is this just how it's being done?

[sarashah]

5thScape needs to simplify its platform if it wants to gain a wider following 🚀📱

[tehreemmaqsood]

Mega Dice Token, perfect for those who love a good gamble, gotta stay on top of those rewards 🎲💰

[KE]

Well my $30000 in cswap is now only $9000. Got rugged. I’ll let it ride out to 0

[Mark-fhlp]

So which is better? Cswap or Xswap ? Both are on Chainlink apparently.

[RoaringDeca]

Chainlink is a blue chip for sure. It's an easy win, but I prefer to take on more risk.

[nemanjanovakovic]

Great idea, great project but it can easily face regulatory crutany