Last month we announced that Crypto.com App and Exchange will support the Quickswap (QUICK) token swap and re-domination plan. We’re pleased to announce that the conversion of old QUICK tokens to new QUICK tokens in the ratio of 1:1,000 (old QUICK to new QUICK) has been completed and the old QUICK token has been delisted from the Crypto.com App.
The new QuickSwap (QUICK) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
QuickSwap is a decentralized exchange (DEX) on the Polygon Network. It is a fork of Uniswap that employs automated market maker (AMM) for allowing users to trade tokens through liquidity pools. It offers features such as swapping, liquidity, and yield farming. QUICK is a native utility token of QuickSwap that primarily serves as a governance token through which community members may vote on proposals issued by the team. QUICK can also be staked in the Dragon’s Lair to earn additional rewards directly on-chain on the QuickSwap DEX.
Crypto.com App users can now purchase QUICK at true cost with USD, EUR, GBP, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.
