Review on Ferrum Network by Praise Olagbadun
A Platform Born To Assist Cryptocurrencies
network that is built for the real world financial application
It has a token (FRM) that is worth $0.15 and with a 24 hours trading volume of $514,339. It also has a circulatory supply of 120 million coins and a maximum supply of 332 million coins. It is available on both ERC-20 and BEP-2, making it diversified. It was designed to make all ready existing cryptocurrencies faster and more scalable for day to day
It is DAG based protocol platform for the decelopment of both centralized and decentralized application. It is available on IDEX, Eterbase, Bitmax and Binance Dex with Bitmax being the current most active market trading it.
The Ferrum team has successfully created 4 applications on their paltform which includes: The Ferrum OTC wallet, The Ferrum Decentralized Exchange, The Kudi Exchange and The Sub-Zero
1. The Ferrum OTC Wallet (Unifyre): Is a decentralized crypto wallet for risk-free OTC transactions
2. The Ferrum Decentralized Exchange (Infinty Dex): Cross chain high speed decentralized exchange
3. The Kudi Exchange: A fiat-to-crpto exchange and mobile wallet in West Africa and happens to be the only Exchange wallet in Africa to offer a US dollar backed stable coin (Gemini Dollar)
4. The Sub-Zero Wallet: A revolutionary cold storage mobile application secured by military grade technology
Ever since 2018 when Ferrum Network was launched, it has made it possible for users to exchange and transact any digital asset, peer to peer, in milliseconds and for near zero
Pros
- The platform has its own wallet
- Has made many partnership
- Allows traders to exchange cryptocurrencies with nearly or low transaction speed
- It is a project with many ambitious goals
- Allows transactions of both fiat and cryptocurrencies
- Operates on both ERC-20 and BEP-2
Cons
- It's token, FRM is presently not mine able
- This, platform is not popular presently
