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Switch

Switch (SWITCH)

$ 0.00
-0.04 %
Main info
News
Comments
Markets
Analytics
Market cap
$3.96M
-0.04 %
Volume (24h)
$3.26
-0.04 %
Total supply
12,338,710,700 SWITCH
Max. supply
50,000,000,000 SWITCH

Key data

updated $0
Market cap$3.96M
Volume 24h$3.26
All-time high$0.008483-99% from peak · 2023-05-09

Switch (SWITCH) is a cryptocurrency that trades under the ticker SWITCH. In simple terms, it's a digital coin that lives on a blockchain — a shared public ledger that keeps track of who owns what without needing a bank or middleman in between. Like most crypto coins, it can be sent anywhere in the world and is managed by the network itself rather than any single company.

Frequently asked questions

What is Switch and how is it different from Bitcoin?

Switch is its own cryptocurrency with the ticker SWITCH, operating as a digital asset on a blockchain. Bitcoin was designed primarily as a store of value and payment network, while each coin typically builds its own niche, community, and technical features. The main structural fact to know about Switch is its fixed hard cap of 50,000,000,000 coins, which sets a hard limit on total supply.

How does Switch work technically?

Like other cryptocurrencies, Switch relies on a blockchain — a distributed ledger where every transaction is verified by network participants and recorded in blocks that can't easily be altered. This removes the need for a central authority, since the network's rules and cryptography ensure coins can't be spent twice. The specifics of its consensus mechanism are defined by the project's own protocol documentation.

How is the supply of SWITCH issued?

Switch has a hard cap of 50,000,000,000 coins, meaning no more than that amount will ever exist. A fixed maximum supply is a common design choice meant to prevent endless inflation of the coin. Beyond that cap, the details of how and when coins are released depend on the project's emission schedule.

How can I store and use SWITCH?

You can store SWITCH in a cryptocurrency wallet that supports the coin — either a software wallet on your phone or computer, or a hardware wallet for stronger security. Typical uses include sending and receiving the coin, holding it, and interacting with services or platforms that accept it. Always double-check wallet compatibility and addresses before transferring, since crypto transactions are irreversible.