Exchange Qredo (QRDO)
If you're looking to swap Qredo, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Qredo or some fresh information about QRDO’s price movements. And, of course, we provide you with the multiple Qredo exchange options so that you can choose the offer with the best rates and lowest Qredo fees, as well as other parameters that suit you.
Qredo Price Stats
To help you make a decision about exchanging your Qredo, we gathered some cold hard numbers: Qredo price chart and other stats, such as Qredo market cap.
24H HIGH $0.18767021
QRDO MARKET CAP $0
CIRCULATING SUPPLY 0 QRDO
24H LOW $0.16274945
QRDO PRICE $0.16733083
24H VOLUME $59,644.326
Qredo Price Chart
Here you can see the current price of Qredo, as well as Qredo price history.
What is Qredo?
Qredo is a cross-chain protocol for asset managers and traders that are actively using markets. It aims to participate in building the digital economy of the future. Qredo protocol is an open-source permissionless network.
The project has its own creative solution for how to bring liquidity and capital efficiency to the blockchain. Qredo pioneered its first decentralized trustless multi-party computation custodial network. It allows Qredo to offer decentralized custody, native cross-chain swaps, and cross-platform liquidity access. That’s a new and very advanced area of blockchain development. Qredo utilizes the latest innovations in cryptography and decentralized ledger technology to create a powerful global network of securing and trading digital assets.
The official website of the project has a blog section that includes a lot of articles explaining the main concepts of the protocol, the ideas, and the vision of the project.
The project team consists of Antony Foy, a serial entrepreneur and a digital veteran with over 20 years of experience, and Brian Spector, a cybersecurity expert and serial entrepreneur with prior experience in advanced cryptography. In 2021 they were joined by Josh Goodbody, who is a well-known operational executive with experience in scaling the world’s biggest cryptocurrency exchanges, such as Binance and Huobi Global.
Qredo headquarters are located in London and the project has its development offices in Sofia, Bulgaria. The project also has a set of its own fintech services, that are audited and backed by the venture’s capital.
The network is run by the open, distributed network of Qredo validators that operate multi-party computation protocols to secure deposits, govern the market activity of the participants, validate transactions, and issue new blocks. Version 1 of the Mainnet was live until the second half of 2021 when it moved to the Federated Model under the Version 3 Testnet when a curated set of third-party validators started to operate the nodes. With the increasing number of third-party validators, the Qredo network moves to a fully decentralized model.
The members of the Qredo community are made up of individuals from all over the world that share the passion for Qredo’s mission and vision and are willing to contribute to its success through the Qreed Ambassador program.
The advantage here is that Qredo is not dangerous for digital assets’ centralized custodian’s business standard. Moreover, the project aims to give an option for centralized custodians to expand the business and sustain relevancy as the world adopts the decentralized infrastructure.
QRDO is the native utility and governance token of the project, as the Qredo network is designed to have a user-centric incentive structure, meaning that the participants of the Qredo network will be rewarded for certain activities. Such an architecture considers the required incentives for each participant to drive a network effect.
The QRDO token can be stacked with validators for earning staking yield.
Average Fees on the Qredo Network
Decentralized custody on Qredo is free. To transfer QRDO to the other network user is around 0.5 BPS. Trading fees may vary from platform to platform, but in general, it doesn’t cost over 0,2%.
Many well-known crypto wallets support the QRDO tokens. Additionally, Qredo has its own Qredo wallet. It can also be held in Ledger, Atomic Wallet, Meta Mask, Token Pocket, Assure Wallet, Freewallet, Math Wallet, Safe Pal, Ambire wallet, and Argent Wallet.
A Simple Way To Exchange Qredo Here At SwapSpace
Choose a pair
Choose the cryptocurrencies you would like to exchange among more than 2150 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.
Select the best rate
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
Receive your coins
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: firstname.lastname@example.org.