The Binance Smart Chain-based protocol allows traders to research and exchange a variety of tokens with complementary tools.
Introducing Bogged Finance
Bogged Finance is a suite of advanced trading tools for Decentralized Finance (DeFi) on Binance Smart Chain (BSC). The Bogged Finance ecosystem has several headline features, including a trading tool that allows users to exceed transaction limits on tokens that otherwise limit maximum transaction sizes, as well as revolutionary trailing stop-losses, the first of its kind.
Research and place orders for any token on Binance Smart Chain
Token launch sniper so users can be the first to purchase newly listed tokens on PancakeSwap
Advanced trading functions including limit orders, trailing stop-losses, and token transaction limit bypass
What is Bogged Finance?
Bogged Finance is a platform for researching and placing orders for any token on Binance Smart Chain. It is packed with advanced trading functionality and tools so that users can get the very best out of BSC. Unlike some DeFi platforms, which simply imitate the tools and features of other platforms, Bogged Finance aims to create unique tools with a genuine utility, such as their Token Launch Sniper. This feature is designed so that Bogged Finance users can capitalize on the action of any newly listed token on PancakeSwap.
The token swap of Bogged Finance, BOGSwap, is similarly advanced. It automatically routes trades through ApeSwap, PancakeSwap v1, and v2 to find the best possible DEX for any transaction. It will go the extra mile and route the transaction through several different exchanges to get the best possible outcome.
For example, when trading BANANA to SAFEMOON:
BANANA-ApeSwap —> BUSD-PancakeSwap v2 —> BNB-PancakeSwap v1 —> SafeMoon.
All this is achieved seamlessly in a single trade. The complex routing takes place behind the scenes. Users can simply initiate the exchange, and the platform does the rest.
Bogged Finance also provides more advanced functionality such as limit orders, allowing users to buy or sell an asset only when it reaches the price set by the user.
More Advanced Features
Bogged Finance has recently launched BOGSwap Advanced, a tool specifically designed for the realities of trading DeFi tokens, which often limit the upper number of tokens that can be exchanged in a single swap. BOGSwap can automatically detect the upper trading limit for a token, or the user can select the limit themselves. The mid-tier premium service allows users to limit their trades to the token’s limit, while the high-tier premium enables the transaction limit bypass.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.