CrowdSwap (CROWD) Coin Complete Detailed Review About CrowdSwap

What Is CrowdSwap (CROWD) ?

CrowdSwap (CROWD) The crypto space has ever since allowed people to make life-changing gains. With decentralized finance (DeFi), the possibilities have increased significantly. Every new project on the launch platforms, e.g., Polkastarter, did amazingly well afterward, sometimes reaching valuations of 100x or even more. In a bull market, everybody wants to trade these tokens that are first available on the decentralized exchanges (DEXes), e.g., Uniswap

Lately, the popularity of DeFi has created some problems. Network traffic exceeded former expectations. And especially Ethereum had to suffer from high transaction fees. These high transaction costs gave other network providers the chance to step in. With lower prices, they can catch up to Ethereum as the number 1 network. Different chains bring another dimension of complexity to the DeFi space

CrowdSwap (CROWD) Point Table

Who Are The Founder Of CrowdSwap (CROWD)?

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CROWD Price Live Data

The live CrowdSwap price today is $0.094698 USD with a 24-hour trading volume of $25,758.39 USD. update CROWD to USD price in real-time. CrowdSwap is up 2.16% in the last 24 hours. The current CoinMarketCap ranking is #4366, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 CROWD coins.

Token Distribution

CrowdSwap´s own token $CROWD has a total fixed supply of 1B CROWD. CROWD is used as the fuel for the CrowdSwap solution. The project is earning by taking fees for the provided service. Read more about the tokenomics here: https://crowdswap.org/token1/

Product and Milestones

The product is already live and used by many users on a regular basis. have delivered based on roadmap. Have a look to see what have build already: https://crowdswap.org/#roadmap If you want to get more detail about the product, visit https://crowdswap.org/product1/

Swap

CrowdSwap offers the possibility of swapping. Built on search, the transition to the Swap app is fluid and transparent. The user can transfer a search result to the Swap UI to get multiple options to trade. Experienced users can, of course, jump right into the Swap UI.

Problems

High Transaction fees

As already mentioned in the introduction, the transaction costs on the Ethereum network are far too high for an exchange of tokens. Compared to central counterparties in the crypto environment, the transaction costs here are extremely high, amounting to many times the pure exchange fees. In some cases, the transaction costs exceed the $100 mark, which often amounts to several percent of the exchange value. This has great impact on the overall costs of ownership of a token as CrowdSwap always takes ancillary costs into account. With small trading volume transaction cost can exceed he 1% mark easily while the additional liquidity fees on the exchange markets, on the other hand, are only 0.3%

Complexity

The DeFi area is not that easy to access, especially for newcomers to the crypto sector. First of all, you need a so-called wallet, technically a network address protected from third parties utilizing a password and a seed phrase. The construct is already very technical and too complex for most users on their own

Solutions and Products

All challenges set an essential course for the future and acceptance of DeFi. CrowdSwap is confident that these can be improved or solved with the following CrowdSwap products

Best-Price-Search

The Search App searches for the best price for a specific token pair in the complete DeFi Space. The search takes place cross-chain and is only limited by the integration of the different liquidity sources. The best-price algorithm finds the best price for the token pair and considers all collateral costs. These costs are: Fees of the Liquidity provider Transaction costs of the execution of the smart contracts (swap). Prices of the bridge transfer (network transfer).

Faq Of CrowdSwap