NIOB Finance Token – What is it? Earn money with this crypto token?

Published by Incomebutler 9. December 2021 Categorie(s): passive income

Cryptocurrencies are a whole new and different way of investing and paying. They are self-sufficient from banks. Moreover, you can pay and trade with them at any time. Today I would like to introduce NIOB Finance Swap and Token. A new and pretty cool platform to swap Coins for others, with lower fees.

Disclaimer for safety: this is not investment advice.

NIOB Finance – What is it?

Not long ago, I became aware of this platform. ICO’s are always quite good because you can get into the cryptocurrency or token relatively low and sell it after the ICO – or even later – much more expensive.

That’s the theory for now. Of course, this doesn’t always work out, but it doesn’t work out with stocks and the IPO‘s either. NIOB Finance is a platform that is supposed to be an alternative to Pancakeswap and Uniswap.

That means, on this platform, you can swap different coins with each other for much less money than in most other crypto exchanges.

You will also see the cryptocurrency rate of each coin, token, etc. Whether all cryptocurrencies or the new cryptocurrency is on the platform, it varies whether it is listed on this platform or not.

Moreover, the platform will have an NFT marketplace (NFT = Non-Fungible Token => non-substitutable digitally protected object), so that NFTs can be bought and, most importantly, traded via it.

Additionally, staking via the pools and farms is enabled, as well as cashback function and payout in fiat money.

Here you can make your own NIOB Finance experience: Register now for free and make your own decision!

Visit our English YouTube Channel for latest ideas.

Join our English Financial Freedom Telegram Channel for the latest news, updates and ideas!

NIOB Finance Token

The NIOB Finance Token is what you can purchase. This one started at 3 US cents if you got in at the start. Mine started at 23 US cents. However, I have seen the platform earlier, so that an entry at 13 – 15 US cents would have been possible.

The launch should take place on 21.12.2021 with a launch price of 44.2 US cents, provided that only the SoftCap of 12 million is reached. If the HardCap is reached (this is 20 million USD), the launch price will be 50 US cents.

There will be a maximum number of 600 million NIOB tokens. In addition, tokens are to be burned – as is the case with almost all cryptocurrencies – so that there will be fewer tokens, not more, and the price should then rise.

NIOB Finance Coin

In the platform, there are no coins but a token. The difference between token and coin is that a token allows the holder to use an operation on the shared and decentralized resource (usually blockchain).

Coins, on the other hand, allow the holder to pay via the internet with the corresponding cryptocurrency. The most popular Coins are:

• Bitcoin
• Ethereum
• Litecoin
• Ripple

Tokens can also be inserted into the blockchain. This means they offer greater and broader functionality than a simple coin. Tokens can thus also be used in conjunction with smart contracts.

A smart contract is nothing compared to a digital contract on the blockchain.

Here you can make your own NIOB Finance experience

Visit our English YouTube Channel for latest ideas.

Join our English Financial Freedom Telegram Channel for the latest news, updates and ideas!

NIOB Finance price

The current price is 24 US cents, as the threshold of 11.25 million USD has exceeded. The succeeding price increase is at the soft cap of 12 million USD. It would take the price to 25 US cents.

I received 2,173 tokens at 23 US cents. That means I have invested 500 US dollars. This is how I do with many investments of this type.

Please keep in mind that you should only invest money that you can handle even in the case of a total loss.

Buy NIOB Finance Token

If you want to buy a NIOB Finance token, you must first register on the platform. The registration is free of charge and without obligation. You can then explore the KYC (Know Your Customer) to know more about the platform.

The KYC is not necessary at first purchase. You will only need it if you want to cash out the tokens or in another cryptocurrency, such as Bitcoin.

You can currently buy and pay with:

• Bitcoin
• Ethereum
• USDT
• BNB

Here you can make your own NIOB Finance experience: Register now for free and make your own decision!

Visit our English YouTube Channel for latest ideas.

Join our English Financial Freedom Telegram Channel for the latest news, updates and ideas!

NIOB Finance Forecast

There are few promising cryptocurrencies on the market. Now the question is, is this a new cryptocurrency with potential, or is it a token with lots of potentials?

That remains noticeable. The white paper looks quite good at first. The functions that they offered, as well as the roadmap, seem to look quite good. It means that this could be a good opportunity.

However, caution is needed with these new cryptocurrencies and tokens (generally with all types of cryptocurrencies and tokens) since it’s very volatile, and a total loss is possible.

The probability with a new cryptocurrency and crypto project is higher than with established projects, such as with Bitcoin or Ethereum.

Here you can make your own NIOB Finance experience: Register now for free and make your own decision!

Visit our English YouTube Channel for latest ideas.

Join our English Financial Freedom Telegram Channel for the latest news, updates and ideas!

However, if one dares to look at those who have already made such a launch where the cryptocurrency price or token price stands today, you can allow yourself to dream.

Uniswap and PancakeSwap can be taken as a comparison. Uniswap over sixfold, PancakeSwap even 125x and not even at peak times, but with correction (see pictures).

And here is the history with PancakeSwap.

That means there is a lot of potential in it. Especially because the whitepaper and the presented functions sound interesting.

Here you can make your own NIOB Finance experience: Register now for free and make your own decision!

Visit our English YouTube Channel for latest ideas.

Join our English Financial Freedom Telegram Channel for the latest news, updates and ideas!

NIOB Finance Experience

My experience so far was based on numerous research that the previous use of the platform is still possible. It means the experience happens when the platform is launched on 21.12.2021, which is yet to come.

For this, I will – as usual – update the article again.

NIOB Finance – The Pancakeswap and Uniswap Alternative?

According to the whitepaper and the comparison of the platform with the other platforms, various advantages can be shown.

Therefore, I already think it is a very good Uniswap and Pancakeswap alternative because the fees will be lower, and the functions (also what the market manipulation by Wales) can be seen.

The rest will be seen in practice.

Here you can make your own NIOB Finance experience: Register now for free and make your own decision!

Visit our English YouTube Channel for latest ideas.

Join our English Financial Freedom Telegram Channel for the latest news, updates and ideas!

Cryptocurrency with potential?

Whether this is a cryptocurrency with potential or a token, remains to be seen. So far, it looks quite good according to the whitepaper.

Ultimately, it’ll depend on how the team gets the project completes in terms of the time factor. Also, it would be good if other crypto exchanges list this token like another new cryptocurrency.

This would increase the price of the token. However, it is important that the functions of the platform work and that the platform runs securely and stably.

Here is a small overview of my assessment:

Potential Opportunities:

• Higher yield/cash flow through yield farming on all cryptocurrencies in all market phases + participation in future sales of the decentralized exchange (cash flow from other cryptocurrencies).
• Participation in the DeFi segment
• Diversify holdings of multiple cryptocurrencies, spread across multiple wallets and platforms
• Participate in the potential performance of the NIOB token. During the pre-sale phase, you can actively participate and speculate on the higher value growth of the token.

Potential risks:

• Startup risk: Since this is a new platform and therefore a startup, it is possible that the platform does not establish itself, is hacked, disappears, or something else. It means that you no longer have access to your coins and cryptocurrencies.
• Errors & Bugs in the NIOB Chain Code.
• Coin Risk: Even though there are returns from yield farming, everything still depends on the value of the token. If it drops too much (to below the entry price or even to 0) there will be no or too little return.

Even if there are returns from yield farming, everything still depends on the value of the token. If it drops too much (to below the entry price or even to 0) there’ll be no, or only too low of a return.

In extreme cases, these risks can lead to a total loss. However, this is also the case with other platforms and coins, albeit somewhat reduced, because this is a new platform.

Crypto exchanges overview

This platform is also a crypto exchange like others. PancakeSwap and UniSwap have already been mentioned. However, there are of course several others:

• Binance
• Bittrex
• Bybit (very good for trading. Sign up here for free and get 20 USD as a Bonus + Chance of 500 USDT)
• Phemex (also good for trading. Sign up here for free to get 10% discount on Trading fees + 7 days Premium Account)
• Kraken
• KuCoin
• HITBC

And more. It is not the first and not the last crypto exchange. There will be a few more to come.

Here you can make your own NIOB Finance experience: Register now for free and make your own decision!

Visit our English YouTube Channel for latest ideas.

Join our English Financial Freedom Telegram Channel for the latest news, updates and ideas!

NIOB Finance Experience – Conclusion

Let’s conclude. So far, I have to say the platform makes a good impression. The whitepaper, the features, the team, everything looks good. It has a high potential to become a big deal.

However, it needs to prove itself in practice first. It may have a backfire and might not be accepted by the market.

The launch is very soon, so we’ll see how well the platform is received and what happens to the price after the launch.

I’ll keep you posted and will update the review if there is anything new.

Here you can make your own NIOB Finance experience: Register now for free and make your own decision!

Visit our English YouTube Channel for latest ideas.

Join our English Financial Freedom Telegram Channel for the latest news, updates and ideas!