The Voyager Token (VGX) network includes an intuitive dapp, custom blockchain, cryptocurrency, DeFi features, and a CEX (centralized exchange). The project combines the best features of CEXs, namely their security, with the advantages of DEXs (decentralized exchanges). As such, users gain added benefits like insurance and DeFi capabilities.
The Voyager Token system is unique in that it incorporates an automated brokerage service. This protocol automatically scans across a variety of popular CEXs to find the best rates for traders. Voyager Token users save on fees for buying, selling, trading, and investing.
What Problems Does Voyager Token (VGX) Attempt to Fix?
One of the primary concerns that developers wanted to alleviate was new investor confusion. Investor onboarding is the first step to bringing new users into the decentralized economy. The developers tackled this problem through a combination of features. For one, the network has an easy-to-use interface that improves accessibility for all.
Voyager Token (VGX) – Twitter
Regulatory Concerns
Another major issue faced by investors that Voyager attempts to rectify is a lack of regulatory support. The Voyager Token platform operates as a U.S.-based and U.S.-regulated, publicly-traded company. As such, the network has access to a variety of broker protections which makes it ideal for use by investment firms seeking to offer cryptocurrencies to clients.
Market Centralization
The Voyager Exchange provides traders with a viable alternative to large platforms like Coinbase and Binance. These networks have grown to the point where they represent centralized chokepoints in the market. They also have used their size to keep the market rates at a certain level to ensure profitability.
Voyager users enjoy commission-free trades and more options. Additionally, the network integrates community governance. As such, it provides a more transparent and democratic option to traders to consider.
High Fees
Market centralization has led to a steady increase in trading fees over the last couple of years. The Voyager Dapp provides a secure trading environment with reduced fees compared to the competition. Notably, there is zero commission fees for trades using the Voyager App.
Benefits of Voyager Token (VGX)
There are a variety of benefits that makes the Voyager Token a smart choice. For one, the protocol’s simple user interface helps users better manage their crypto investments across multiple platforms. Users can easily access, monitor, and control multiple accounts on different exchanges.
Passive rewards
There are a couple of different ways to secure rewards using the Voyager Token. You can stake these tokens using the network’s DeFi features. You can also generate interest using the Voyager app. Both of these strategies enable traders to secure rewards without losing ownership of their digital assets.
Cashback
Voyager Token users gain the added benefit of Cashback on all of their trades. This system helps to improve liquidity by incentivizing users to participate in the market. When combined with the network’s other rewards, it’s easy to see how the Voyager Token builds wealth for users.
Trader Options
Traders have an excellent selection of cryptocurrencies to trade using the Voyager Token network. The platform supports +60 cryptocurrencies. Additionally, traders have some flexibility as to how to load their accounts which improves the onboarding process further.
FDIC Insured
Another major advantage gained by Voyager Token exchange users is access to FDIC-insured fiat accounts. Like your local bank, $250,000 USD held in your Voyager account is fully insured. To accomplish this task, the network partnered with other banking firms.
Voyager Token (VGX) – Homepage
How Does Voyager Token (VGX) Work?
The Voyager token leverages purpose-built smart contracts and a custom blockchain to connect users to different cryptocurrency exchanges and markets. The system improves trade execution, reduces costs, and improves user profitability by automating price searching.
VGX chain
The VGX chain is the underlying technology supporting the network. This advanced fourth-generation blockchain was designed to improve on some of Ethereum’s inefficiencies. As such, it’s faster and costs less to operate.
Voyager Token (VGX) App
The Voyager Dapp is the primary way in which users interact with the network. Notably, this Dapp provides a clean dashboard that was designed to improve the user experience. Notably, the platform generates interest for VGX users. Unlike the competition, Voyager enables traders to earn compound interest on over 30 available cryptocurrencies.
Voyager Token (VGX) Debit Card
The Voyager Debit Card is a game-changer. The card can be used anywhere that accepts MasterCard. As such, it streamlines the entire cryptocurrency process by making it simple to spend your tokens like fiat. All Voyager cardholders earn up to 9% rewards in cashback. Interestingly, the card requires you to convert your funding to the USDC stable coin to be eligible for use.
Voyager Smart Order Routing
The Voyager Smart Order Routing system connects users to crypto exchanges in a seamless manner. The system scans 12 supported exchanges to discover the best rates and routes. This feature is a huge plus for traders. It saves them both time and money.
Staking
As part of its hybrid approach to crypto trading, Voyager Token holders can stake their coins. Staking enables anyone to earn low-risk rewards. Impressively, Voyager Token holders can earn 12% interest staking on the network. This rate is much higher than other centralized exchanges like Coinbase.
Voyager Token (VGX) – CoinMarketCap
VGX
The VGX token launched as an ERC-20 compatible token. The network converted these tokens over to the Voyager chain as part of its latest upgrade. This change added features such as staking and a loyalty program. Wisely, the developers have capped the supply of VGX at 222,295,208 tokens which should help to build value over time.
History of the Voyager Token (VGX)
The Voyager Token project entered the market in 2018 as a crypto brokerage firm. The platform was founded by Steve Ehrlich and Oscar Salazar. Notably, the developers combined aspects from the ETHOS token and Voyager to create the Voyager Token (VGX). The firm recently introduced the VGX 2.0 token following the launch of the Voyager Chain.
Voyager Token (VGX) – A New Era in Crypto Trading
The Voyager Token has some features that give it the potential to be a game-changer for the market. For one, the platform is ideally suited for institutional-grade investors due to its regulated status. Also, the network’s automated price discovery features streamline crypto adoption further. As such, you can expect the Voyager Token to see continued adoption over the coming months.
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