CrowdSwap recently made a significant upgrade to its crypto exchange feature, specifically improving the cross-chain bridge. In this article, we’ll dive into these changes and how they’ve positioned CrowdSwap as the top solution for cross-chain swaps, especially for transactions up to $500.
If you’re not familiar with CrowdSwap, We are the number one decentralized exchange in bringing simplicity, security, and innovation to the DeFi world. Our focus is on expanding our bridge solution which is the best in the market right now and provides the most competitive prices, fastest execution time, and secure transactions.
Upgraded Cross-Chain Bridge Solution
This recent upgrade introduced major enhancements to our solution. It’s now faster than the leading competitors, offers the best prices, and allows CrowdSwap DEX to integrate with any blockchain. Which we will gradually do this with the top and trending networks like TON and Solana.
We started this integration process with DeFiMetaChain, a well-known and reputable blockchain backed by Bitcoin, and CrowdSwap is the exclusive cross-chain bridge solution for connecting their network to the most popular EVM blockchains.
What is a cross-chain bridge?
Cross-chain bridges are essential tools that allow transactions to happen between different blockchains.
Learn more: “What Are Cross-Chain Swaps?”
The Most Competitive Prices
As a leading decentralized exchange, offering competitive prices is nothing new for CrowdSwap. However, with recent updates to our algorithm and the power of CROWD at the core of our platform, we now deliver the best possible prices on cross-chain swaps under $500—better than the market leaders 98% of the time.
We’re continuously working to ensure the same unbeatable pricing for all transactions, regardless of the amount.
We mentioned CROWD, our native token, as the key factor behind our ability to offer such competitive prices. This is because CROWD serves as the intermediary token in our cross-chain bridge solution.
Learn more: CROWD Use Cases
Here’s a behind-the-scenes look: Let’s say you want to convert POL (MATIC) on the Polygon network into ARB on the Arbitrum network. First, your POL is locked into our smart contracts on the source network. A message is then sent to the destination network, and after security checks and validations from node validators, CROWD is unlocked from our treasury on the destination network. It is then exchanged for ARB and sent to your wallet. After the swap is over a Buyback process starts to purchase the sold CROWD and lock it into our treasury again.
It is simple, efficient, and fast.
What’s in it for CROWD?
Our upgraded cross-chain bridge solution isn’t just about offering the best prices and fast transactions—it’s also designed to benefit CROWD holders. With every transaction, a portion of CROWD will be burnt, and since our total supply is fixed, this will naturally raise the token’s value over time.
Learn more: CROWD Burning Strategy
Imagine a future scenario: In one or two years, we’ve integrated top and trending blockchains and marketed our solution, driving thousands of transactions daily. Given that the daily cross-chain volume exceeds $150 million, this isn’t far-fetched. With CROWD burning during each transaction, the circulating supply—currently around 250 million—could shrink to as low as 50 million, leading to a significant rise in the token’s value.
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Conclusion
Whether you’re a seasoned trader, a professional, or a newbie, saving costs and securing the best prices on every transaction is hard to resist—especially when paired with CrowdSwap’s simple and practical design. If you consider yourself a smart crypto trader, logic dictates that you should at least give this feature a try and revolutionize the way you trade.
FAQ
What makes CrowdSwap the best solution for cross-chain swaps under $500?
CrowdSwap’s updated algorithm and the power of our CROWD token enable us to offer the best prices for cross-chain swaps, beating market leaders 98% of the time for transactions up to $500. Plus, we’re continuously optimizing for all transaction sizes.
How does CrowdSwap ensure security in cross-chain swaps?
CrowdSwap utilizes smart contracts and secure node validators to facilitate cross-chain swaps. Every transaction undergoes security checks and validations to ensure a smooth and safe process.
Will CrowdSwap’s cross-chain bridge work with all blockchains?
Yes, CrowdSwap is expanding integration to the most popular blockchains, starting with DeFiMetaChain, with plans to include top networks like Solana and TON soon.