Review on Cream Finance by SERDAR SEYLİYEV
Low transaction fee DeFi project.
cream finance is a decentralized DeFi project where we can exchange and send tokens and do our general cryptocurrency transactions.
I logged into the website and completed the registration process. The registration process took a little long. I did not like the design of the site because it felt a bit childish to me. It can be improved a little. But to be honest I found it very easy to use.
Although it entered the market this year, I think it is a project that has gained great popularity.
This project is traded on major cryptocurrency platforms such as ethereum.
One of the best features I like is that we can easily borrow loans with the borrowing and lending bar.
Cream finance platform, which is based on ERC-20, can also transact with more than 35 commercial currency pairs.
One of the issues that concerns the most important users on such platforms is how much the transaction fees are. You can be comfortable about this. Because I tried the platform by doing some trading and the transaction fees are very low compared to other platforms.
As for the security issue, it made me a little concerned. Because such a popular project is still not officially audited.
In addition, this project is said to be very lucrative in mining pools. However, I am not sure since I am a little new in this project. I will definitely touch on this subject when I update my review.
In general, it is a type of DeFi that has a bright future, where we can make crypto money transactions easily and with low transaction fees.
Pros
- simple to use
- transaction fees are much lower.
- It offers users secure and smart contracts via blockchain.
- DeX offers low fee advice
- social networks are very active. News and developments are constantly updated.
Cons
- site design looks very plain and childish.
- the number of asset shares is very low.
- As I mentioned in my review, it has some security shortcomings.
