SWFTC

Overview of SwftCoin(SWFTC)

SwftCoin (SWFTC) is a digital cryptocurrency that serves as the primary transaction token on the SWFT Blockchain, a global cross-chain transfer protocol and payments network. The primary objective of SWFT Blockchain is to enable fast, efficient, and low-cost transfers between a multitude of cryptocurrencies. It employs a unique algorithm which combines artificial intelligence and big data for direct swaps between over 200 cryptocurrencies. SwftCoin (SWFTC) is used within this system for transaction fees and additional services. It was initially issued in November 2017 by the Swft Foundation with the intention of supporting and facilitating the SWFT Blockchain's operational purpose.

Pros and Cons

What Makes SwftCoin(SWFTC) Unique？

SwftCoin (SWFTC) presents an innovative approach to facilitating cross-chain transactions, distinguishing it from many other cryptocurrencies. The SWFT Blockchain on which it operates uses AI and big data technologies to allow direct swaps between more than 200 different cryptocurrencies. This comprehensive coverage of cryptocurrencies is fairly unique in comparison to other blockchain platforms which may be limited to their inherent coin or a small range of external coins.

Unlike certain other cryptocurrencies that have wider acceptability and utilization outside of their initial platforms, SwftCoin's use is mostly confined to the SWFT Blockchain ecosystem. This coins primary functionality revolves around covering transaction fees and accessing supplementary services on the SWFT Blockchain.

How Does SwftCoin(SWFTC) Work？

SWFTC's Central Role: SWFTC functions as the central transaction token on the SWFT Blockchain, a global cross-chain transfer protocol and payments network. Its primary objective is to facilitate fast, low-cost, and efficient transfers across a diverse array of cryptocurrencies.

AI-Powered Direct Swaps: The SWFT Blockchain employs a distinctive algorithm, leveraging artificial intelligence (AI) and big data. This unique AI-powered algorithm enables the direct swapping of more than 200 types of cryptocurrencies. When users initiate transactions or currency swaps, the algorithm dynamically determines the optimal route, balancing swiftness, cost, and risk to enhance overall efficiency.

Utility of SWFTC: SWFTC plays a pivotal role as it is primarily utilized for covering transaction fees on the SWFT platform. This usage not only incentivizes the token within the ecosystem but also extends its utility to access premium features and services within the platform.

Robust Interoperability: SWFTC's distinctive working mode lies in its robust interoperability, facilitating direct swaps across multiple cryptocurrencies on a single platform. This sets it apart from some other cryptocurrencies constrained to specific blockchain ecosystems.

Exchanges to Buy SwftCoin(SWFTC)

SwftCoin (SWFTC) can be purchased on a variety of cryptocurrency exchanges. Here's a detailed description of some exchanges where you can buy this cryptocurrency:

1. Binance: One of the world's largest and most well-known cryptocurrency exchanges, Binance facilitates trading with a vast array of cryptocurrencies including SwftCoin (SWFTC). The SWFTC/BTC (Bitcoin) and SWFTC/ETH (Ethereum) are the main pairs supported on this platform.

2. Huobi Global: As an internationally acclaimed digital asset exchange, Huobi Global supports SwftCoin trading as well. The SWFTC/BTC, SWFTC/ETH, and SWFTC/HT (Huobi Token) are the predominant pairs available on Huobi for SwftCoin.

3. BitMart: BitMart is recognized for its seamless and secure trading services. It offers a SWFTC/BTC trading pair, thereby permitting users to exchange their Bitcoins for SwftCoins.

4. KuCoin: KuCoin is a popular cryptocurrency exchange with a diverse range of listed assets. SWFTC can be acquired through trading on the KuCoin platform.

Create Your Free KuCoin Account: Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account: Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account: Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method: Add a credit/debit card or bank account after verifying your KuCoin account.

Buy SwftCoin (SWFTC): Use a variety of payment options to buy SwftCoin on KuCoin.

5. Gate.io: Gate.io is a cryptocurrency exchange known for its wide range of supported tokens. It provides users with a secure platform for trading SWFTC and other digital assets.

Step 1 - Create an Account on Gate.io：Create an account with Gate.io, or login to your existing Gate.io account.

Step 2 - Complete KYC & Security Verification: Ensure that you have completed KYC and security verification.

Step 3 - Choose your preferred method to buy SWFTCOIN (SWFTC)

Step 4 - Purchase successfully: Your SWFTCOIN (SWFTC) is in your wallet now.

How to Store SwftCoin(SWFTC)？

SwftCoin (SWFTC) can be stored in the official wallet in App “SWFT Blockchain”. This wallet prioritizes the safety of your digital assets, providing users with confidence in the protection of their holdings.

iOS Compatibility: Users can conveniently download the wallet from the Apple App Store or participate in the testing phase using TestFlight for iOS devices, ensuring accessibility for Apple users.

Android Availability: Android users can access the wallet through the Google Play Store or by downloading the APK directly, catering to a wide user base on the Android platform.

Is It Safe？

Diverse Cross-Chain Swaps:

SWFTC ensures security through its capability to facilitate secure swaps of over 500 cryptocurrencies across various supported blockchains. This feature highlights the platform's commitment to safe and direct transactions.

Secure Wallet Management:

SWFTC provides a 100% secure wallet for the storage and management of a vast array of cryptocurrencies, exceeding 500, spanning multiple blockchains. This underscores the platform's dedication to maintaining the security of user holdings.

Multi-Layer Security Measures:

SWFTC implements multi-layer security protocols for all transactions. This comprehensive security approach adds an extra layer of protection, emphasizing the platform's commitment to ensuring the safety and integrity of user interactions.

How to Earn SwftCoin(SWFTC)？

Earning SwftCoin (SWFTC) is generally associated with participation in the SWFT Blockchain ecosystem. Here are a few ways in which SWFTC can be earned:

1. Trading: Buying SWFTC when prices are low and selling when prices are high on cryptocurrency exchanges is the most common method of earning SWFTC. It's crucial to do a thorough market analysis and keep up with the latest trends to make informed trading decisions.

2. Participation in SWFT Blockchain Operations: As SwftCoin is utilized within the SWFT Blockchain, participating in its operations, like contributing to liquidity or providing mining power, may earn users SWFTC.

3. SWFT Blockchain Promotional Activities: The SWFT Blockchain platform could also offer promotional activities, like airdrops, where users can earn SWFTC. These promotional activities are often geared towards encouraging user participation and involvement, so regularly checking SWFT's official social media accounts and forums might be helpful.

FAQs

Q: Can I use SwftCoin on other blockchains？

A: Predominantly, SWFTCs use is limited to the SWFT Blockchain, and its applicability outside this system is currently restrictive.

Q: What technology does SWFT Blockchain, and thereby SwftCoin, integrate？

A: The SWFT Blockchain incorporates artificial intelligence and big data technologies to facilitate efficient direct swaps between numerous cryptocurrencies.

Q: On which exchanges can I purchase SWFTC？

A: SWFTC can be acquired on various exchanges including Binance, Huobi Global, BitMart, HitBTC, and YoBit with currency pairs like SWFTC/BTC and SWFTC/ETH.

Q: How can I earn SWFTC？

A: Earning SWFTC generally involves cryptocurrency trading, participation in SWFT Blockchain's operations, or getting involved in promotional activities put forth by the SWFT Blockchain platform.

Q: What are the future prospects for SwftCoin (SWFTC)？

A: The future prospects for SWFTC largely depend on the development and expansion of the SWFT Blockchain, the increased adoption of SWFTC, and general market conditions in the cryptocurrency industry.