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SwftCoin

SWFTC

GBP

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Defi tokens

Decentralised Finance (or ‘DeFi’) tokens (e.g. , ) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.

Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.

Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets.

For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.

Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.

Data/oracle risk: DeFi protocols often rely on external data sources or ‘oracles’. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.

Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.

About SwftCoin

SWFTC is an Ethereum token that powers the SWFT blockchain, a cross-chain wallet, exchange and payments platform that allows users to swap, trade, pay with and share hundreds of cryptocurrencies. SWFTC is used as a blockchain asset to pay transaction fees and provides token holders a 50% discount on it.

SwftCoin (SWFTC) is the native cryptocurrency of the SWFT Blockchain platform. It is a utility token that aims to power various functionalities and provide potential benefits to its holders. SWFTC is available on multiple blockchains including ERC20, Binance Smart Chain (BSC), HECO, and ETHF. Initially launched on the Ethereum blockchain as an ERC-20 token, it has since expanded its presence to other compatible networks. Holders of SWFTC may enjoy several advantages, such as a 50% discount on fees charged by SWFT Blockchain.

SWFT Blockchain, the platform that SWFTC operates on, is a global cross-chain swap protocol powered by generative AI. It integrates blockchain, machine learning, and big data to enable direct swaps between over 800 cryptocurrencies across 50+ public chains. The platform is designed to provide users with an improved experience, allowing them to swap cryptocurrencies at competitive rates. The platform has developed products that cater to different needs within the cryptocurrency ecosystem, including the SWFT Blockchain Wallet APP, SWFT AllChain Bridge, SWFT Bridgers, and SWFT Cross-Chain Swap API + Widget.

SWFTC aims to serve as a utility token within the SWFT Blockchain ecosystem, powering various functionalities and providing potential benefits to its users. One of the primary use cases of SWFTC is to provide holders with a 50% discount on fees charged by SWFT Blockchain. Additionally, SWFTC seeks to ensure accessibility and integration within the SWFT Blockchain ecosystem due to its compatibility across multiple blockchain networks, including ERC20, BSC, HECO, and ETHF.

SWFT Blockchain, the platform that SWFTC operates on, was established in 2017. Since its inception, it has been developing, integrating blockchain, machine learning, and big data to enable direct swaps between over 800 cryptocurrencies across 50+ public chains. The platform has developed products that cater to different needs within the cryptocurrency ecosystem. SWFTC, as the native cryptocurrency of the SWFT Blockchain platform, was initially launched on the Ethereum blockchain as an ERC-20 token and has since expanded its presence to other compatible networks.

Market

United Kingdom Market Stats

Market cap

£15.2M

Volume (24h)

£3.0M

Circulating supply

4.0B SWFTC

Typical hold time

16 days

Popularity

#937

All time high

£0.0721

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom Market performance

Price change (1h)

+3.41%

Price change (1d)

+1.83%

Price change (1w)

+7.05%

Price change (2w)

+5.29%

Price change (1m)

+9.32%

Price change (1y)

+344.55%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Related Assets

Guides

Coinbase Bytes

SwftCoin is on the rise this week.

The price of SwftCoin has increased by 3.41% in the last hour and increased by 1.83% in the past 24 hours. SwftCoin’s price has also risen by 7.05% in the past week. The current price is £0.0039 per SWFTC with a 24-hour trading volume of £3.03M. Currently, SwftCoin is valued at 94.64% below its all time high of £0.0721. This all-time high was the highest price paid for SwftCoin since its launch.

The current circulating supply of SwftCoin is 4,004,999,999 SWFTC which means that SwftCoin has as total market cap of 4,004,999,999.

FAQ

What is the current price of SwftCoin?

We update our SwftCoin to GBP currency in real-time. Get the live price of SwftCoin on Coinbase.

What is the market cap of SwftCoin?

The current market cap of SwftCoin is £15.20M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of SwftCoin?

The all-time high of SwftCoin is £0.0721. This all-time high is highest price paid for SwftCoin since it was launched.

What is the 24 hour trading volume of SwftCoin?

Over the last 24 hours, the trading volume of SwftCoin is £3.03M.

What other assets are similar to SwftCoin?

Assets that have a similar market cap to SwftCoin include SuperWalk, Winnerz, MarsDAO, and many others. To see a full list, see our comparable market cap assets.

How many SwftCoin are there?

The current circulating supply of SwftCoin is 4 billion.

What is the typical holding time of SwftCoin?

The median time that Coinbase customers hold SwftCoin before selling it or sending it to another account or address is 16 days.

What is the relative popularity of SwftCoin?

SwftCoin ranks 135 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of SwftCoin?

Currently, 90% of Coinbase users are buying SwftCoin. In other words, 90% of Coinbase customers have increased their net position in SwftCoin over the past 24 hours through trading.

Can I buy SwftCoin on Coinbase?

Yes, SwftCoin is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy SwftCoin guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024