CryptoBridge (BCO)

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Crypto Bridge is a crypto currency that has appeared on the market recently promising a blockchain revolution. This cryptocurrency was developed by a highly trained international team that wanted to bridge the gap between different types of cryptocurrencies in many aspects.

Joke Name

CryptoBridge = Bridge Crypto

Basic Intro

Link to the main website

Link to price/market cap

Exchange Ticker (BCO)

Coin or Token

Circulating Supply (27 Million)

Total Supply (27 Million)

Market Cap Ranking

Review

CryptoBridge is a cryptocurrency that has appeared on the market recently promising a blockchain revolution. Will it be revolutionary? Hardly, but this does not mean that it cannot be somewhat interesting, so let’s see what this company is all about. This cryptocurrency was developed by a highly trained international team that wanted to bridge the gap between different types of cryptocurrencies in many aspects.

These aspects include their levels of scaling, liquidity, arbitrage and price discovery, among other factors. BridgeCoin will be a decentralized currency that promises many advantages for its users and longtime success. You will be able to use this cryptocurrency by accessing its own wallet which can be download for Windows, Android and iOS.

Key Features:

  • How it works
  • Features

How it works

It works in a similar way to many cryptocurrencies like Bitcoin but with a more developed technology. It is clear today that Bitcoin’s technology is somewhat outdated, so many of the new companies are investing in new technology to improve what Bitcoin has created but have not mastered. CryptoBridge promises advantages like high liquidity and convertibility, a multi-platform support and guaranteed scaling, as well as fast transactions so the users do not waste their time. It aims to be better and bigger than giants like Bitcoin. Some technical information about this company: CryptoBridge will use the Scrypt mining algorithm, have a total of 27 million coins, a block time of 60 seconds, a block reward of 256 coins halving every month and a difficulty retarget of 10 blocks.

Features

When you look at the features of CryptoBridge, you will realize that there are quite a few of them.

Decentralized exchange:

BridgeCoin comes along with its own decentralized exchange. This ensures that there are no security issues or liquidity issues. Since the liquidity issue is high, conversion from 1 cryptocurrency to another can be done quite easily.

 Better Arbitrage opportunities:

Owing to high liquidity, better trading can be done quite quickly. Arbitrage trading requires a lot of speed as well as scalability. With the help of BridgeCoin, this can be achieved quite easily.

 Unrestricted access to various cryptocurrencies:

Owing to the availability of CryptoBridge, most of the investors will be able to access a wide variety of cryptocurrencies quite easily. This will definitely increase accessibility. The mining opportunities will attract even more cryptocurrency investors. This will increase the liquidity as well as the value of the Coin. This will help it go mainstream quite quickly as well which will help all the CryptoBridge investors.

Mineable cryptocurrency:

CryptoBridge is actually a mineable cryptocurrency. Also, the profits which are generated by the decentralized exchange will be distributed to the CryptoBridge holders. Overall, 50% of the profits will be distributed.

As you can see, in order to create a synergy between the different cryptocurrency tokens, CryptoBridge was created. Moreover, it comes along with the decentralized exchange and 50% profits will be shared with the cryptocurrency token holders. This ensures that it will actually be able to create a much better and faster ecosystem for the cryptocurrency token investors.

Problems:

CryptoBridge’s biggest problem is quite simple-it’s not unique in any way. There are tons of other projects out there that have much better standing, offering the same and more features.

Conclusion:

Overall, the project seems legit and this cryptocurrency already exists and can be bought. On the other hand, might never get much exposure as it simply co-exists with so many other similar project

Pros

  • Good project
  • Lots of features

Cons

  • No direct backing (asset, profits, commodity)
  • Other projects with similar features
  • Limited volume/exchanges