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TrustSwap aims to provide an easy, inexpensive and safe way for individuals to make payments using smart contracts and eliminate the need to hire trusted third parties like lawyers. TrustSwap was created in 2020 when the CEO Jeff Kirdeikis realised in order for a venture capital firm to invest in his company in exchange for a native cryptocurrency, he had to hire expensive lawyers to ensure the VC doesn’t sell the tokens all at once, therefore crashing the price. Its flagship product is TrustSwap Launchpad which crypto startups can use to lockup tokens for the team, developers and early adopters.
SWAP is the native currency of TrustSwap and it is designed so that the SWAP supply continually decreases over time. According to the white paper this will continually increase the scarcity of SWAP tokens.
Trustswap (SWAP) is the 455th largest cryptocurrency in the world by market cap, valued at $76,313,236. The current price of Trustswap is $0.965575, which is -3.699% lower than yesterday. Prices have ranged between $1.03 and $0.950456 over the past 24 hours. All prices are listed in US dollars and accurate as of January 24, 2022 08:01 UTC.
| Coin symbol | SWAP |
|---|---|
| Coin Marketcap | US$76,313,236 |
| Total SWAP supply | 99,995,165 |
| Circulating SWAP | 78,569,865 |
| Current price | US$0.965575 |
| All time high | US$5.00 |
| All time high date | April 16, 2021 |
| Notable team members | Jeff Kirdeikis and Adam Barlam |
| Partnerships | Shopping.io, DuckDAO |
| Industry | Decentralized finance |
| Token uses | Staking, governance, rewards, platform discounts |
| Network | Ethereum |
Historical prices compared with the price of US$0.965575.
| 1 hour | -0.95% |
|---|---|
| 24 hours | -3.70% |
| 7 days | -25.97% |
| 14 days | -17.09% |
| 30 days | -13.72% |
|---|---|
| 60 days | -44.38% |
| 200 days | 31.16% |
| 1 year | 55.12% |
Disclaimer: Cryptocurrencies, including Trustswap, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SWAP is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Trustswap or any other cryptocurrency discussed.