🫵 How Flooz can help you!

🫵 How Flooz can help you!

Flooz is a blockchain analytics platform that helps you invest with confidence.

We deliver what you need, so that you can make the best financial choices on your terms. This means you have complete control, we simply provide the tools. Here are some of the features included:

No let’s jump into a little more detail around what we provide and how it can help you control your financial future on your terms 👇

🔒 How does your wallet with Flooz work?

Traditional finance is centralized, relying on government-backed currencies and stored in large banks. In contrast, Web3 is decentralized, allowing individuals full ownership of their assets through cryptocurrencies and blockchain technology. The only downside, is that many investors hold their assets on centralized exchanges (Binance, KuCoin, Coinbase, etc.) in wallets not in their complete control. This is where Flooz comes into play...

With our Flooz wallet, you can trade assets and store them into your wallet, knowing you have FULL control over it without worrying about a third party taking your hard earned assets. This is known as self-custody, in which no one has access but you. Think of it as storing your high value possessions in a physical safe.

The benefits of using the Flooz wallet include:

However, there are still risks, but these are manageable through due diligence, exactly like a safe. Without the key to access the safe (your Flooz wallet), it simply isn't possible. But if you lose that key, then there are problems and you may be at risk of permanently losing access to it.

But don't worry, we also have a solution for this too. Using the Flooz wallet, you are able to set up a recovery mode for your private key (which you need to access your wallet) by using the mobile app. This enables you to use the passkey option instead of the traditional private key option. Passkeys are a new type of passwordless authentication designed to be more secure and convenient than traditional passwords by using biometrics and linking it to one of your traditional accounts such as Google or iCloud account to recover your passkey if you ever lose access. This makes it one of the only non-custodial wallets in the world that allows such recovery and protection of your passkey, without compromising the security.

❓ What is a dex-aggregator?

A DEX aggregator combines liquidity from multiple decentralized exchanges and market makers, allowing users to quickly find the best prices for their trades. It’s similar to how Booking.com brings all the local hotel options to give you the best price and quality.

In short, a typical aggregator will scan across multiple DEXes and present users with the best overall trade based on selected exchanges and liquidity.

In DeFi, liquidity is scattered across many sources, complicating the search for the best prices. DEX aggregators such as Flooz, address this by combining offers from various exchanges, while some exchanges might offer lower prices at the risk of higher slippage, others provide more stable rates with less slippage. Aggregators simplify this complexity, presenting users with optimal trading options in a user-friendly manner.

The other concern some users have about using a DEX is their options to pay and buy cryptocurrencies. But with Flooz, you don't have to worry about that either as we have multiple available ramps to allow users to bring their funds onto the platform. These include:

With these providers, you can buy directly using fiat currency with over 35+ options available, meaning there is no need to send crypto between wallets to buy. Simply add your fiat card details and purchase, just like you would on any other website.

💱 Multi-chain swaps explained:

This is simply the action of swapping tokens across the same blockchains. For example, you could buy Ethereum on the Arbitrum blockchain and swap it for another token on the Arbitrum blockchain such as GMX. Our platform has multiple providers for multi-chain swaps to provide the best prices and better protection. An example would be 0x’s Swap API. We use this provider on our platform to provide even better prices and protection but it is also important to know that we’re the ultimate aggregator of all the smart routing providers in the space, we simply use these providers to give an even better experience for our users. 0x's Swap API also has a multiple features that allow us to provide another layer of security for users, including slippage and impact protection. LiFi is another brilliant provider that we use as they also have great security features but also allow for a simplistic approach, meaning it is easy for users to swap their favorite tokens across different chains. With the combination of these providers, it allows us to offer all Flooz users the best possible trade prices for their chosen investments, without worrying about having to find the best option. We do all the hard work for you, so you pay less. You simply have to chose your investment and buy!