Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Swingby (SWINGBY) is now available on KuCoin. Supported trading pairs are SWINGBY/USDT and SWINGBY/BTC.
Please take note of the following schedule:
Project Summary
Total Supply | Market Cap | Issue Date | Consensus Protocol |
975,000,000 | $78,223,854 | 2020-03-03 | - |
Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
117,452,237 | $5,698,549 | $0.01 | ECDSA |
* The key metric numbers are calculated as at March 2, 2021
Swingby is a secure proof-of-stake protocol powering inter-blockchain swaps. It allows DeFi users to easily move assets between blockchains without the need for a trusted party. The first 'Skybridge', Bitcoin to Ethereum, was launched on December 28th, bringing the most popular digital asset, to the $45b DeFi ecosystem. The team has announced that they will launch their Bitcoin to Smart Chain bridge in March 2021.
Skybridge has 2 major use-cases:
1. Bridging native assets such as Bitcoin and Litecoin into smart-contract enabled chains like Ethereum.
2. Bridging assets on the Ethereum chain onto chains like Smart Chain and Elrond.
Official Website: https://swingby.network/
White paper: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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