What Is CrossWallet (CWT)?
CrossWallet is a crypto wallet built to hold multiple blockchain cryptocurrencies in one wallet. The wallet can function on any device, mobile or web. Users can send, receive, manage, track, and even hold tokens from any network on a single address with the wallet. The wallet performs these functions with control and security of private keys. The users can also swap assets across all tokens. CrossWallet also acts as a DEX aggregator. The Ethereum and Binance Smart Chain (BSC) aggregator allows users to monitor price, liquidity, gain, and loss on both networks. The team at CrossWallet is planning to build a framework in smart contracts that allows compatibility with new blockchains like Polkadot and Cardano.
Further, the project focuses on helping users, and therefore, the platform’s user-friendly design allows users to swap across multiple chains without a hassle. The project also provides airdrops (free tokens or crypto assets) in users’ wallets for promotion.
CWT is the CrossWallet platform’s currency, and it follows BEP-20 token standards. BEP-20 is a BSC token with similarities and compatibility with BEP-2 and ERC-20. Token holders can also earn rewards through a referral program.
Moreover, users can involve in staking CWT and earn rewards. But if a user has an active, pending request for withdrawal of staked CWT, they can’t stake fresh CWT.
For the upcoming months, the platform aims to launch iOS and Android apps and introduce a trending coin list and a profit-and-loss portfolio. The platform also wishes to launch non-fungible token (NFT) support, with an NFT viewer and an NFT showcase. By Q2 2022, the platform plans to launch a wallet linked with Visa cards.
History of CrossWallet (CWT)
The total supply of the platform is 444,129,833 CWT.