Details about Switch Token cryptocurrency
€4,477,009 ( 1.22663%)
€832,129
50,000,000,000
6,463,624,939
0
Unknown
https://switchrewardcard.com/
@switch_rewards
274921x
€190.078
Switch Token price charts
SWITCH exchanges
Switch Token, the crypto
Switch Token (SWITCH) is a cryptocurrency that serves as the native token for the Switch Network. The Switch Network is a layer-2 platform designed to enable efficient, fast, and low-cost blockchain transactions for users. The platform operates on top of the Ethereum blockchain and leverages its security and stability features.
The point
The main point of Switch Token (SWITCH) is to serve as a utility token within the Switch Network. Users can utilize SWITCH tokens to pay for transaction fees, governance, and staking rewards within the ecosystem. Additionally, SWITCH tokens can be used as a means of exchange within the Switch Network and can be traded on various cryptocurrency exchanges.
The problem
Switch Token (SWITCH) tries to solve the problem of high transaction fees, slow transaction speeds, and inefficient blockchain infrastructure. By utilizing layer-2 scaling solutions, the Switch Network enables users to conduct fast, low-cost transactions while maintaining the security and stability of the underlying blockchain. SWITCH tokens serve as an essential component within this ecosystem, allowing users to benefit from the features of the platform while maximizing the utility of their cryptographic assets.
Compare SWITCH and BTC performance
| Timeframe | SWITCH | BTC |
|---|---|---|
| 1h change | 0.889013 % | -0.295642 % |
| 24h change | 0.88 % | 0.188804 % |
| 7 day change | 3.05 % | 4.76438 % |
| 14 day change | 7.27 % | -4.08912 % |
| 30 day change | -44.79 % | 5.52845 % |
| 200 day change | -37.67 % | 139.09 % |
| Year change | 0 % | 150.706 % |