BitTorrent, Axie Infinity, Crypto.com Coin, KuCoin Coin & Wazirx Coin
BitTorrent, Axie Infinity, Crypto.com Coin, KuCoin coin & Wazirx Coin – 5 Reasons These Cryptocurrencies Are A Game-Changing
The market capitalization of cryptocurrencies has grown exponentially in 2021
The general rise in interest in cryptocurrencies can be attributed to many factors. One of them is the fact that it has become a household issue in the financial industry. The market capitalization of cryptocurrencies has also grown exponentially in 2021, which means more and more people are taking note of digital currencies and their benefits. However, the price of Bitcoin has gone up and down like a roller coaster. Many experts say the only way is to go up, but others are not too sure.
Here are some cryptocurrencies that could be a game changer right now:
BitTorrent Coin (BTT)
BitTorrent Coin is the utility token created by the team behind BitTorrent, one of the most widely used peer-to-peer (P2P) file sharing platforms and software clients. The BitTorrent protocol is one of the most efficient methods of distributing large content to a larger audience.
BitTorrent’s goal with this token is to trick users into creating files after downloading them, theoretically making torrents faster and more available. Additionally, it will allow torrent downloaders to bypass Internet Service Providers (ISPs), allowing freer online activity.
A game where you can adopt and fight fantastic creatures called “Axies” through smart contracts on the Ethereum network. The game allows users to trade their Axies with other players, breed them, and train them for battle. All of this is possible through the use of blockchain technology.
Axie Infinity was founded by two US-based Sony and DeNA gaming veterans: David Silver and Jared Irish. They have an amazing team that are completely dedicated to making this game as good as it can be. The core team also includes people with incredible backgrounds in game design and general marketing.
They are also transparent about their goals, with no controversial hidden agenda. Axie Infinity has a strong community of investors, influencers and casual gamers. In addition, their game is all about creating a fun experience for gamers and no special skills are needed to get an avatar. The team is invested in developing tools to help develop the game and the ecosystem, all the more reason to be a game changer.
Crypto.com Coin (CRO)
This cryptocurrency which offers peer-to-peer payment solutions was developed by “Crypto.com” – formerly Monaco Technologies. This company was founded in 2016 by Kris Marszalek, currently the CEO of the company. MCO is a token that works on the Ethereum blockchain protocol. Some of the reasons this could be a game changer include:
• The platform uses Crypto with Fiat support since fiat currency is not on the blockchain and this is what prevents many people from fully embracing crypto.
• A decentralized platform that does not require personal information or identity verification.
• The Visa MCO card (Credit card backed by cryptocurrency).
• Crypto.com has its own exchange called Prime (Prinde) which allows users to buy and sell any cryptocurrency available on the site as well as trading pairs such as USD / BTC and EUR / ETH, etc.
• Crypto.com also plans to expand in the future to hold ICOs, which will allow users to purchase tokens using their website.
Bitgert was launched in December 2017 and mainly focuses on Asian markets. It has its own native token known as the Breeze, which can be used to pay trading fees on the exchange itself or to order discounted trades. With an impressive reward of 100 million premine blocks at launch, Bitgert is shaping up to be one of the most promising cryptocurrency investments. The token was launched with strong marketing and a strong value proposition aimed at businesses and investors.
In addition, many companies have expressed interest in developing applications using BRISE tokens or have already started to do so. The design of the ICO contract also allows for virtually unlimited token issuance over time using a decentralized infrastructure.
Centcex Coin (CTX)
This US-based cryptocurrency exchange aims to solve all the problems associated with centralized exchanges while providing users with an easy-to-use interface. It also has its own cryptocurrency called Centcex Coin, which merchants – especially e-commerce businesses – can use to make fast and secure payments to / from their customers who might want to pay in Bitcoin or USD. The main USP of this decentralized exchange is that it offered a 0% fee until the end of 2018, which has helped shape its user base.
KuCoin Coin / Shares (KCS)
This is a native ERC20 token on the Ethereum blockchain that runs on a decentralized exchange (DEX) called KuCoin. This exchange offers pretty much all of the essential features one would expect from a top-notch crypto-trading platform, such as multiple security protocols, a mobile app for transactions, etc. In addition, DEX allows the execution of transactions free of charge and ensures transparency of all transactions. Moreover, it also supports multiple currencies like BTC, ETH, etc. However, these can only be traded through KuCoin coins at this time and not directly in pairs.
The exchange itself has emerged as one of the most promising early players in the cryptocurrency space and aims to compete with Binance in terms of transaction volume and user base in the years to come.
One unique thing about KuCoin is that they share 50% of their trading fee income, with users keeping their KuCoin coins locked in special wallets linked to their accounts. Users are rewarded daily based on the number of tokens they have in their KuCoin wallets.
WazirX coin (WZR)
This exchange allows users to trade BTC, ETH, XRP, etc., using smart contracts on the Ethereum network. Besides, it also offers various other products / services like BCH wallet services, UPI based money transfer services etc. However, the main USP of this crypto exchange is that it aims to make crypto transactions more common by allowing users to trade in fiat without having to go through the tedious KYC process every time they want to trade / withdraw funds. .
WazirX Coin is used for all transactions on the exchange itself – in terms of transactions and withdrawals. Their unique selling proposition is that they have no transaction fees. Although several exchanges can already be found offering zero fees for traders, since this platform is based in India, it could be well received by Indian investors as it will be easy to transfer or deposit fiat currency. .
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