The trading of cryptocurrencies in so-called decentralised financial markets (DeFi), which are based on blockchains and smart contracts, is rapidly growing via the almost 70 decentralised cryptocurrency exchanges (so-called DEXes) into a new form of global finance. Already today, around 2,000 cryptocurrencies or coins/tokens are traded on the crypto exchanges – with a daily turnover of around USD 5 billion, on some days up to USD 10 billion. In the last 6 years alone, the crypto market has grown by 45 000%; 450% since last May. A big problem in the crypto market today is the lack of transparency regarding the different transaction costs in the various DEXes and the lack of insight into the fair price of a cryptocurrency in the respective crypto exchange. For beginners in particular, this can mean that they have to pay up to 100% more for an exchange in cryptocurrencies than necessary. Even for experienced DeFi traders, it is almost impossible to get an overview with reasonable effort to get the best price for their swap. The German start-up Crowdswap now solves this problem. It was founded by a mixed team of software developers from Germany and Iran. They are familiar with blockchain projects   Read more…