Review on CryptalDash by Jeff Ayuba
The utility token of CryptalDash
CRD is said to be the utility token of the cryptal Dash exchange can be used to cut trading fees by a certain percentage. Today the utility of this token on your parents exchange is not possible due to the fact that he is undergoing a restructuring at the moment and will so have to be withdrawn from the platform and exchanged on a liquidity pool provided by the developers on sushi DEX.
Once the restructuring is complete, am quite sure that CRD will have a utility once again but may not be the same, also users have been advised to withdraw their token from the exchange and sell on this liquidity pool. But with the high fees that comes with Ethereum blockchain, this is very unviable for the small-time investors yet no much help has been rendered in that effect. Let's look into the future for the continuation of this project.
Pros
- This is utility token of the Cryptaldash exchange which cuts trade fees
Cons
- Currently CRD cannot be traded on its parent exchange and users would have to go through with using DEX which is quite expensive when it comes to fees
