Anyswap Price Chart Update [ANY]

What Is Anyswap (ANY) by Anyco?

Anyswap is a completely decentralized protocol that was launched in July 2020 to enable tokens to be exchanged across various platforms.

It is one of many networks in the DeFi space that facilitates cross-token swaps and trading.

The system derives its strength from its ECDSA Signature Support.

An overwhelming majority of cryptocurrencies — 95% of them to be exact — have integrated Anyswap, including popular coins like XRP, Litecoin, and Tether.

Also supported by Fusion’s Decentralized Control Rights Management (DRCM) technology, Anyswap is able to effectively manage the movement of tokens between blockchains.

What Sets Anyswap Apart?

Anyswap is powered by Fusion. The Fusion Network utilizes a process called private key sharding — where the private key is divided into multiple parts and managed by different network nodes — to ensure the safety of assets.

The different parts of the private key are never combined during transfers or trading to enhance security.

Smart contracts on Anyswap are open source, which enhances security through individual audits.

The open-source nature of Anyswap is important because it makes it easier to verify whether a platform is decentralized. One of the most important features of Anyswap is that the token allows users to instantly exchange cryptocurrencies.

The ANY token also empowers holders to determine which coins are most suitable to be listed on the Anyswap DEX, its decentralized exchange.

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How Many Anyswap (ANY) Coins Are There in Circulation?

When it comes to the maximum supply possible, Anyswap’s supply cannot exceed 100 million. It has a circulating supply of roughly more than 17 million. The initial supply of ANY was 15 million, including 5 million in initial liquidity provision upon the launch of the platform. The remaining 10 million was earmarked for the community and ecosystem to increase Anyswap’s user base, among other things.

How is the Anyswap Network Secured?

Anyswap will support all ERC-20 tokens, meaning it is based on the Ethereum blockchain.

Where Can You Buy Anyswap (ANY) by Anyco?

There are several exchanges which enable purchases of Anyswap. These include Hotbit, 1inch, and SushiSwap. Read more about how to convert fiat currencies to crypto here.