Frequently asked questions

CrowdSwap is a decentralized finance for cryptocurrency trading and passive income, established in Germany in 2020. As a hub for DeFi opportunities, CrowdSwap streamlines access by automating and optimizing essential processes. The CrowdSwap dApp is a user-friendly interface that saves users time and money.

The platform distinguishes itself by executing optimal deals across various blockchains with minimal transaction costs. This capability is particularly advantageous for users seeking efficiency in navigating the complexities of the cryptocurrency market. CrowdSwap’s commitment to providing a seamless trading experience is reflected in its diverse range of products and features tailored for users and projects.

To explore CrowdSwap’s offerings and take advantage of its features, you can visit the product page by following this link: https://crowdswap.org/product/

Best Price Routing (BPR) is one of the most important parts of the CrowdSwap app. Its programming code finds the best prices in the crypto space, taking fees and transaction fees of the different blockchains into account. BPR is limited only by the integration of DEXes on different blockchains. You can find a list of integrated DEXes in the “DEX integration list”. For more info read this blog: CrowdSwap’s Best Price Routing (BPR): Swapping Better and Faster

CrowdSwap is an aggregation protocol in the decentralized finance space aiming to increase mass adoption for everybody and overcome problems in the fast-growing business space of DeFi. CrowdSwap concentrates on fulfilling the following primary missions:

1. decreasing high gas fees on the Ethereum network
2. making DeFi accessible to everybody 
3. providing the best prices for swapping tokens across the DeFi space 
4. conducting cross-chain swaps
5. suggesting portfolio combination with the highest yields
6. staking and yield farming opportunities
7.  A Dex Aggregator to search decentralized exchanges to find the best conditions for trading in across all of DeFi
8. A launchpad where crypto projects are introduced and an early stage crypto token sales are made available to crypto project investors before it is publicly listed.

CrowdSwap aims to get even more people involved in DeFi. Using CrowdSwap, people who are already in the space but lack the knowledge to transfer tokens across different networks and chains can swap their tokens more easily. Launch the app here to get started with CrowdSwap.

Yes, you can check it out with the link below

https://github.com/CrowdSwap/audits

Best Price Routing (BPR) is one of the most important parts of the CrowdSwap app. Its programming code finds the best prices in the crypto space, taking fees and transaction fees of the different blockchains into account. BPR is limited only by the integration of DEXes on different blockchains. You can find a list of integrated DEXes in the “DEX integration list”.

Users can participate in staking and yield farming possibilities on CrowdSwap. Those users who hold CROWD can stake their tokens for 25% returns. Yield farming is also available on our platform for several liquidity pools with various pairs of tokens. Click here to see all the investment programs.

✉️ Contact us through our website’s contact form: https://crowdswap.org/contact1/ 

📧 Email us at support@crowdswap.org 

💬 Join our Discord support group and open a ticket for personalized assistance.

In Q1, CrowdSwap announced the launch of a new feature called “CrowDEX,” which is an automated market-making system that enables projects to create liquidity pools and markets. For more info you can read this blog: https://crowdswap.org/crowdswap-representing-crowdex/

The native token of CrowdSwap is CROWD. CROWD is listed on Coingecko, DefiLlama and CoinMarketCap.

The CROWD token is the native token of the CrowdSwap project and provides users with a way to participate in the project and even earn rewards. You can stake this token on various networks and participate in LP farms on the CrowdSwap Opportunity page. Additionally, CROWD holders will enjoy exclusive benefits. You can purchase this token from the CrowdSwap platform and other DeFi platforms, such as Uniswap and SushiSwap.

Utilizing CROWD as a utility token in Cross Chain transactions: In cross chain transactions, the use of the CROWD token plays a central role, significantly boosting the token circulation.

Staking: Users can stake the CROWD token on various networks and generate income from it.

Liquidity Pools: You can participate in CrowdSwap’s liquidity pool farms using your CROWD tokens and take advantage of their high APYs

VIP Club: CROWD holders can soon become members of our VIP Club and enjoy exclusive benefits.

DAO: We have decided to transform the project into a DAO and are implementing a mass adoption phase. CROWD token holders, based on their CROWD holdings, will soon be able to participate in decision-making and share in the platform’s revenue.

In each blockchain transaction processed on our platform, a segment of the fees is dedicated to the burning of CROWD tokens. This mechanism effectively manages and controls the circulating supply of CROWD within the market.

CROWD tokens play a crucial role in facilitating cross-chain swaps. When you initiate a cross-chain swap, these tokens act as the bridge connecting different blockchain networks. They ensure a secure value exchange, allowing your assets to move seamlessly from one network to another.

History has shown that whenever a new technology is introduced, governments are skeptical about it at first. As time goes by, governments set regulations for it to fit into an understandable and acceptable framework. DeFi is no exception to this fact. The undeniable fact is that using a new financial system comes with its own risks. As DeFi attracts more attention, instances of fraud and scam projects in the ecosystem are heard from time to time, which necessitates careful thought into fitting it into a regulatory framework. Read more about DeFi regulations.

APY is a metric used to measure the potential return on investment in decentralized finance, considering the compounding of rewards over one year. In the context of DeFi and crypto, APY is commonly associated with yield farming and liquidity provision.

The APY is a way to express the potential earnings from these activities annually, factoring in the compounding of rewards over time. Read more about APY.

APR, or Annual Percentage Rate, represents the simple interest rate you’ll earn on an investment over a year without considering compounding. In essence, APR provides a straightforward calculation of the return you’ll receive without factoring in the reinvestment of interest earnings. It’s crucial to differentiate APR from APY. Read more about APY vs APR.

A cryptocurrency is a digital or virtual currency that employs cryptography to secure financial transactions and control the creation of new units. Unlike traditional currencies governments and central banks issued, cryptocurrencies operate on decentralized networks built on blockchain technology.

• Bitcoin is the world’s first cryptocurrency.
• Altcoins (Alternative Coins): All cryptocurrencies except for Bitcoin are called altcoins. Altcoins are the coins that challenge Bitcoin’s dominance.

• It is not a bank with its fees in the middle. Transactions are faster because there is no need for a “trust” bank.

• Aaccessible worldwide, you only need a computer and internet, also suitable for people without a bank account.

• 100% transparent, drink transactions are traceable, cannot be manipulated, cannot be changed.

Crypto market is unregulated and requires high self-responsibility. No one is liable, prices can rise and fall quickly, fraud and high losses are possible.

DeFi stands for “decentralized finance,” which refers to financial apps that eliminate intermediaries in advancing the world’s financial affairs. DeFi is the integration of traditional banking services with decentralized technologies such as the blockchain. It is also known as Open Finance because of its pervasive nature. Read more about DeFi.

Decentralized exchanges or DEXs are autonomous decentralized applications (DApps) that allow cryptocurrency buyers or sellers to trade without having to give up control over their funds to any intermediary or custodian.

This type of infrastructure is entirely different from centralized exchanges where users hand over their crypto assets to the exchange, which acts as a custodian and essentially issues IOUs for users to trade with on the platform.

DEXs were initially conceptualized to eliminate the need for any authority to supervise and approve trades made within a particular exchange. Through the help of smart contracts, DEXs operate automated order books (or automated market makers) and trades. This makes them “truly peer-to-peer.”

Decentralized exchanges are exchanges where transactions take place directly between market participants without a third party, such as banks, approving transactions. Person A trades directly with person B and the contract is made directly between the two. UniSwap, FalconSwap, SnowSWap and SushiSwap, for example, are decentralized exchanges based on the Ethereum Natzwerk. PancakeSwap, for example, is based on the Binance Coin network.

Smart contracts are self-executing agreements coded on blockchains like Ethereum. They automatically enforce terms without intermediaries when predefined conditions are met. Operating on decentralized ledgers, they offer transparency and security. Smart contracts find applications in finance, supply chain management, and more, running autonomously based on recorded blockchain events, reducing the need for third-party oversight. They are a fundamental element in decentralized applications (DApps) and the broader blockchain ecosystem. Read more about smart contracts.

Gas fees are payments made by users to compensate for the computing energy required to process and validate transactions on the blockchain. “Gas limit” refers to the maximum amount of gas (or energy) that you’re willing to spend on a particular transaction.

Polkastarter is one of the best-known platforms for IDOs/ICOs, where early-stage coins can be discovered. But FalconSwap, DuckDao.io, or ICODROPS are platforms where you can find new projects.

AMM, or Automated Market Maker, is a DeFi concept that is changing how assets are traded on blockchains. Instead of traditional order books, AMMs like Uniswap use algorithms to set prices. Users trade directly from their wallets, providing liquidity to decentralized pools and earning fees. AMMs adjust asset prices based on pool ratios, facilitating continuous trading without centralized exchanges. For more info: How Do Automated Market Makers (AMMs) Work?

A Defi opportunity is an opportunity in a Decentralized world that brings you passive income. It could be yield farming, staking, lending and borrowing, liquidity providing, and much more.

As you may know the profit in DeFi space is more than usual as the Risks. This is where CrowdSwap Comes in and helps you with providing low-Risk opportunities and governs your funds through the process. in addition, you can always switch to a more lucrative one.

Crosschain, also known as blockchain interoperability, refers to the ability of different blockchain networks to communicate and share information with each other. It enables the transfer of assets and data across multiple blockchain platforms. For more information:  What Are Cross Chain Swaps?

Cross chain plays a crucial role in expanding DeFi’s capabilities. It allows users to access and utilize financial services across blockchains, providing a more inclusive and interconnected DeFi ecosystem.CrowdSwap simplifies this process into an automatic cross-chain transfer by finding the best price route and optimizing the whole process.

Cross-chain typically involves the use of specialized protocols or technologies that facilitate communication between different blockchains. These may include bridges, relays, or interoperability protocols to ensure secure and transparent data transfer. For more information, Cross-Chain Technology: Unmasking the myths.

These fees vary depending on the crypto currency, the network, volume and network traffic you use.

Try with other browsers (preferably Chrome), clear the browser cache, and finally inform the CrowdSwap support group.

Explain your problem or send a picture of your warning to CrowdSwap support team and ask them to help you solve the problem

If you sent funds to the wrong address, you’ll need to contact the receiving party and ask for their cooperation in returning the funds. If you do not know the owner of the address, there are no possible actions you can take to retrieve the funds.

You can close the window and do it again or you can speed up the process from your wallet.

First, check your wallet address in the desired network scanner site (etherscan, bscscan, …). If there is a token showing there and not in the wallet, you can import it using the token address.

Transactions may fail due to different reason such as « slippage » (in a transaction including a swap) or « out of gas »

Cross chain swap transactions may fail because of slippage and fluctuated prices during the transfer between chains. We have tried to minimize this situation, but if it occurs, you will receive deUSDC on the destination chain. It can be easily swapped to the desired token.

Swap allows users to easily exchange one token for another token.

Swaps involve users trading one cryptocurrency for another directly on a platform without a centralized intermediary. Smart contracts on blockchain networks execute these transactions automatically.

In a decentralized swap, transactions occur directly between users through smart contracts on blockchain networks. In a centralized swap, a third-party intermediary facilitates the exchange, introducing a level of central control.

The speed of a swap depends on the blockchain network’s congestion and the platform’s efficiency. It can range from a few seconds to several minutes on decentralized platforms.

These fees vary depending on the crypto currency, the network, volume and network traffic you use.

First, check your wallet address in the desired network scanner site (etherscan, bscscan, …). If there is a token showing there and not in the wallet, you can import it using the token address.

Try with other browsers (preferably Chrome), clear the browser hash and finally inform the CrowdSwap support group.

The price of CROWD is determined by supply and demand in the crypto market. you can check the current price of CROWD here

You need a wallet to own and trade cryptocurrencies. There are paper wallets, mobile wallets (e.g., Trustwallet), desktop wallets (e.g., Atomic Wallet), and hardware wallets (Ledger, Trezor).

The most commonly used wallet on the Ethereum network is metamask, which is also the default on CrowdSwap. For more info:

What Is a DeFi Wallet?

How to set up a cryptocurrency wallet

• Visit the Google Chrome Web Store Extension Section from your browser.
• Search for “MetaMask”
• Tap on the “Add to Chrome” option.
• Once the installation is done, click on “Get Started”
• Now, create a wallet by following the prompted instructions.

For more info: How to Install MetaMask

• A web-based free solution to help you sort out your assets and safely venture into any uncharted realm.

  Portfolio Manager is a digital whiteboard laden with opportunities in the palm of your hand. It automatically rallies the most booming opportunities and liquidity pools for swaps and pocket-friendliest options, all handpicked and vouched by us. And to top it off, it’s completely free!

A liquidity pool in DeFi is a collection of tokens locked in a smart contract, often forming pairs for specific trading on decentralized exchanges. Users contribute tokens to the pool, receiving liquidity provider (LP) tokens in return. These LP tokens can be staked in yield farming, allowing users to earn rewards like governance tokens or a share of trading fees. Liquidity pools ensure there’s enough liquidity for trading activities, and participants contribute to the pool’s efficiency while earning rewards.

For more info: What is a liquidity pool in DeFi?

Yield farming in DeFi involves users providing liquidity to decentralized platforms, locking their assets into smart contracts to earn rewards such as governance tokens or a share of transaction fees. Overall, it’s a strategy for cryptocurrency holders to generate additional returns through active participation in DeFi protocols.The liquidity pools on CrowdsSwap, combined with a high APY, are considered secure investments in DeFi.

For more information:

Popular Questions About CrowdSwap Liquidity Pools

How to Invest in CrowdSwap Liquidity Pools?

Yield farming has gained popularity due to its potential for high returns. It allows investors to earn additional tokens on top of their existing holdings, potentially increasing their crypto assets significantly. It can also be beneficial during bear markets as it offers a way to generate profits and protect against inflation.

CrowdSwap offers three investment options: “Invest by Pair,” “Invest by Swap,” and “Invest by Crosschain.” These options allow users to invest in liquidity pools with different token combinations, depending on their holdings and the pool requirements.

“Invest by Pair” is a straightforward option where users allocate an equal value of both tokens that exist in the liquidity pool pair. This option eliminates the need for token swaps and simplifies the investment process.

“Invest by Swap” is useful when a user has only one of the tokens required for a liquidity pool. CrowdSwap automatically swaps half of the user’s token for an equal value of the other token, creating a pair in the liquidity pool.

The “Invest by Crosschain” option allows users to invest in a liquidity pool even if they don’t have the same tokens as the pool requires. CrowdSwap automatically swaps the user’s token for an equal value of the tokens in the liquidity pool pair, even if they are on different networks.

CrowdSwap provides an easy-to-use interface for withdrawing pool rewards. Users can select the “CROWD Reward” option from the drop-down menu in their CrowdSwap account and transfer the earnings directly to their wallet.

The tokens you earn as rewards may vary based on the investment opportunity you choose. For example, if you invest in a CROWD opportunity, you’ll receive rewards in CROWD tokens. Different platforms may offer rewards in different tokens.

Staking carries certain risks, including the potential loss of staked funds if a validator behaves maliciously or makes mistakes. Choosing reputable and well-established networks with a strong track record is essential. For more information: Is staking crypto worth it?

Staking offers several benefits, including earning passive income through staking rewards, securing the blockchain network, and participating in network governance.

Staking rewards are incentives given to participants who stake their cryptocurrency. These rewards are typically distributed through additional cryptocurrency or transaction fees collected by the network. The reward amount varies depending on factors such as the staked amount, network rules, and overall network participation.

The availability of staking options may vary depending on the blockchain network.

The minimum amount of cryptocurrency required for staking varies depending on the blockchain network. Some networks have no minimum staking requirement, while others may require a specific minimum threshold. It is best to check the staking requirements of the particular cryptocurrency you are interested in.

Most staking networks have a locking period during which your cryptocurrency remains staked and cannot be accessed. This period can range from a few days to several weeks or months. Once the locking period expires, you can typically unstake your cryptocurrency and withdraw it from the staking contract.

Staking carries certain risks, including the potential loss of staked funds if a validator behaves maliciously or makes mistakes. Choosing reputable and well-established networks with a strong track record is important.

The main difference lies in the purpose and mechanism of generating rewards. Staking primarily focuses on supporting a specific blockchain network’s operations, whereas yield farming revolves around providing liquidity to DeFi protocols and earning rewards based on the protocol’s specific rules.

The potential rewards in staking and yield farming can vary significantly based on several factors, including the cryptocurrency, network, market conditions, and participation levels. Yield farming, due to its more complex and dynamic nature, may offer higher potential rewards but also carries higher risks. For more information: Yield Farming vs. DeFi Staking

CrowdSwap’s Crypto Launchpad is a service that allows new DeFi projects to raise funds through token pre-sales. It provides a platform for DeFi projects to connect with enthusiastic users and secure seed money.

CrowdSwap’s Crypto Launchpad is a service that allows new DeFi projects to raise funds through token pre-sales. It provides a platform for DeFi projects to connect with enthusiastic users and secure seed money. For more info: CrowdSwap Crypto Launchpad for DeFi Projects (Crowd Sales)

The setup form includes information about the token pre-sale, such as project name, network, token name, token decimal, the required token for the transaction, and optional token address. It also covers KYC levels, price and funding range, vesting plan, start and end dates, first hours best price, links to social media platforms, rules, and terms and conditions.

KYC stands for “Know Your Customer” and is a procedure to verify the identities of users participating in the token pre-sale. CrowdSwap collaborates with its partner, Fractal, an Identity Solution Provider for Web3, to facilitate KYC processing. Projects wishing to set up KYC must integrate Fractal’s Decentralized ID. For more guidance on the process, contact the sales team at “sales@crowdswap.org”.

Yes, projects can set their own start and end dates for the pre-sale. However, once the dates and times are set, they cannot be changed, so it’s important to double-check and ensure the accuracy of the selected dates.

“First Hours Best Price” refers to offering special benefits to users who make a purchase during the initial hours of the pre-sale. It incentivizes early participation and often includes better prices or exclusive offers for early investors.

Yes, projects can provide links to their social media platforms on the Crowd Sales setup form. CrowdSwap also offers to share advertisements for partners to boost sales and raise awareness. Further marketing cooperation can be discussed as part of the pre-sale planning and communication.

A Fiat to Crypto Exchange is a gateway or platform that enables users to convert traditional fiat currency (like USD, EUR, etc.) into cryptocurrency, facilitating the entry of fiat funds into the crypto space.

Raed more: How to Buy Cryptocurrencies with Credit Cards

How to buy cryptocurrency with a bank account?

A Fiat to Crypto Exchange typically involves a user depositing fiat currency through various payment methods (bank transfers, credit cards, etc.) on a platform that converts these funds into cryptocurrency, making them available for use on the blockchain.

Yes, you can use this feature in the application and on the Buy/Sell page. For more detailed information regarding the conditions for Fiat On-Ramp, click on this link: https://www.mtpelerin.com/support.

The evaluation aims to determine the investors who have held or consistently held CROWD for the most extended period during the competition.

The factors considered in the evaluation include the purchase time and the continuous ownership volume.

Two wallets are considered “connected” if a transaction into CROWD has taken place between them. This is known as a “wallet network.”

Anyone can participate in the competition if they have at least 10,000 CROWD in their connected wallet at the time of evaluation, are not or were not an advisor at CrowdSwap, and are not an employee of the CrowdSwap project.

The winning points are calculated based on the eligible wallet networks, determined based on CROWD transactions between wallets, the absence of advisors or CrowdSwap project employees, and the minimum balance of 10,000 CROWD.

CROWD in the wallet, CROWD in staking, CROWD transfers to other wallets, and CROWD Liquidity Mining if no CROWD had to be sold to enter Liquidity Mining are considered as “CROWD held.”

CROWD swap into other non-CROWD tokens and investing in Liquidity Mining by only CROWD (because half of the CROWD are swapped in the background) are not considered as “CROWD held.”

The “capital at start” refers to the wallet balance at the end of the “LTH I CROWD Masters” period, which is considered the starting point for calculating the winning points for those who purchased and held CROWD during that period.

No, yields from LTH I will not be considered in the balance history.

The main difference between LTH1 and LTH2 is the timeframe and the periods considered for calculating winning points.

In LTH1, the evaluation period is before 21 February 2023. It is irrelevant for collecting winning points, but the wallet balance at this period’s end is considered the “capital at the start.”

In LTH2, the evaluation period is from 21 February 2023 to the Bitcoin Halving in 2024 (exact date to be determined in the future).

The list of Long term holders is updated weekly every Monday, and you can view it on the Loyalty Program page of CrowdSwap.

If your wallet address is not listed in the weekly update, contact us so we can sort it out and get you back in the running.

The prize pool for the LTH2 competition is up to 1.5 million CROWD tokens.

In the competition we only respect CROWDS that were bought or received from airdrops or competitions in the past. Rewards (from liqui-mining or staking e.g.) do not count here. So the amount you can see in the list is usually lower than the current amount in your wallets

Every purchase of CROWD before 21st January 2023 will increase your winningpoints only if you not sell them before evaluation day (bitcoin halving 2024)

In the CrowdSwap Ambassador Program, enthusiasts can promote CrowdSwap through social media and word-of-mouth marketing. Ambassadors receive a commission percentage after attracting users and conducting transactions through them.

To join the CrowdSwap Ambassador Program, register and receive an ambassador ID on the application. You can earn commissions by sharing this ID with others and encouraging them to use the CrowdSwap platform.

More info: Ambassador Program – CrowdSwap

You can join the CrowdSwap Discord channels related to the ambassador program and utilize banners, infographics, and text shared within these channels. Share this content with friends and acquaintances or post it on social media.

Discord Channel: https://discord.gg/MsDM7Py9CR

Yes, anyone can join. However, those who are genuinely interested in CrowdSwap, possess a strong online presence, and can effectively communicate the benefits of CrowdSwap are likely to be more successful. Join the CrowdSwap Ambassador Discord channel to present CrowdSwap effectively.

The minimum amount for a payout is $50, and on the first day of every month, Our team will monitor the eligible ambassadors. After that, their payouts will be sent to their wallets until the 15th of the said month. Of course, you can watch your commissions on your affiliate dashboard in real-time, so you will know how much you made at any time.

Currently, CrowdSwap offers one of the highest commission rates in DeFi. Ambassadors receive a 60% commission on the fee generated in each transaction.