Needless to say, we have seen many protocols rise to prominence, and one of them was undoubtedly the Binance Smart Chain. Later in its lifecycle, Binance Smart Chain and BNB Beacon Chain were united under one brand: BNB Chain.
In any case, the BNB channel is one of the most popular and commonly used networks, with hundreds of projects adding to it.
It was even seen becoming the most popular network in early 2021 as the decentralized finance (DeFi) realm was mostly happening there for a while. It has created a large user base, and many people continue to use it in preference to others due to the high transaction speed and low fees.
That said, Flourishing AI is a protocol built on top of the BNB Chain and recently launched a highly anticipated service called upLink which is designed to simplify connecting to the DeFi world of the BNB Chain for users in the US and overseas. ‘foreigner.
The product easily onboards newcomers and experts, allowing them to transfer money and fiat directly into BNB on the BNB channel. With Flourishing’s AI-powered technology, upLink is changing crypto trading while streamlining the process. This latest addition to the Flourishing AI suite of products saw the light of day in February of this year.
upLink simplifies BNB chain trading
The process of integrating into the DeFi world is complex for newcomers. From converting fiat to crypto and moving across multiple platforms to setting up a new wallet and going through KYC on each platform, it gets confusing and time-consuming. Additionally, bouncing from one platform to another is costly as users lose funds in the process due to various fees.
Even seasoned crypto traders are not immune to the Herculean onboarding process. They could make a mistake by exchanging the wrong tokens for BNB. Worse still, they could redeem the wrong number of tokens or even send them to the wrong wallet where they cannot access them.
Identifying ways to improve the user onboarding process in the US and around the world has always been FlourishingAI’s priority and it is what gave rise to the creation of upLink.
Flourishing’s UpLink is the easiest way to convert fiat to BNB (and soon other alternative tokens too), allowing newcomers and experts to trade across multiple platforms with the AI-powered diversified portfolio manager .
FlourishingAI CEO Eric Gonzalez said seamless transition between protocols and within BSC is fundamental to using Flourishing’s AI-powered portfolio management tools.
“As we researched ways to improve access to DeFi platforms, we found we could create self-contained spin-offs that will bring great value to the cryptocurrency market.”
Gonzalez stressed the importance of improving access for Binance ecosystem users, adding that upLink will expand access to the Binance ecosystem for everyone. More importantly, it will deliver massive value to the entire crypto market.
The news comes after FlourishingAI’s native utility token went live on PancakeSwap in September 2021. It can be traded on the exchange for other cryptocurrencies and is an essential part of FlourishingAI’s drive to ensure sustainability and growth in 2022 and beyond.
FlourishingAI continues to grow since launch
Since its launch last year, the AI-powered portfolio management and insights solution has achieved significant milestones that show it is poised to improve crypto trading and portfolio management.
Since October, FlourishingAI has signed a number of partners to deploy its advanced artificial intelligence in the financial community.
FlourishingAI (FAIT) technology meets the needs of crypto traders and investors with its intelligent artificial intelligence and insights solutions. FACT monitors over 6,800 markets simultaneously and analyzes over 2.5TB of data daily to gain a holistic view of market conditions to mitigate the risk of trade losses.
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