HaggleX is a DeFi exchange platform based on the blockchain ecosystem. The platform aims to create a network that would assist users in exchanging cryptocurrencies and benefit them with utility services. According to its whitepaper, HaggleX aims to become a service-based platform that provides users utility through its technological features.
The rise of cryptocurrencies changed the existing norms in the finance industry. However, with more cryptocurrencies being introduced, users are faced with some issues. Such issues include confusion regarding which platforms support the tokens.) held by the user as well as the process to swap digital assets for traditional currencies.
The developers of HaggleX aim to design the platform in a way where users can undertake all of their cryptocurrency-related activities in one place. Along with such concise digital services, the platform can also assist in paying for product purchases.
HaggleX aims to become a cryptocurrency exchange platform that benefits all user segments, including small businesses, individual users, and corporate clients. To achieve this, HaggleX proposes tackling various existing issues within the crypto ecosystem like lack of customer support, shortcomings of automated processes, adoption of smart contracts, and potential security risks.
HAG is the native token used by the HaggleX platform. HAG is proposed to serve as a fuel that prompts activities and services within the HaggleX DeFi space. Furthermore, the HAG token can be used for users to store their different tokens on their digital wallets. These wallets also support staking activities so users can avail additional HAG through the process.
By incentivizing transactions that use HAG, users are encouraged to utilize HAG. HAG aims to create a network with attention to the end-users to ensure customer satisfaction. By promoting and assisting in cross-border payments using a seamless network, the HAG token looks to create a large and active community that contributes to the growth of the HaggleX ecosystem.