Moonbeam’s companion network, Moonriver, was developed to deliver an immutable, incentivized Kusama canary network. Essentially, that means that when new code is created, it first ships to Moonriver where it’s stress-tested to see if the network can withstand the bandwidth under 100% real economic situations. Once the code is proven to be strong enough, that exact same code transitions to Polkadot. Moonriver is community-focused because MOVR holders are given a more extensive portion of the network compared to some of the other leading blockchains.
As far as history is concerned, Moonriver first deployed in June 2021 as one of Kusama’s parachains. Moonriver was intended to feature an increase of speed and lower the amount of editing from when blockchain code is tested to when the code is deployed. Moonriver is Kusama’s most widely adopted parachain featuring integrations with over 2,000 ERC-20 tokens. Additionally, the platform also features yield farming, APY boosts, and token distribution events, and crowd loans. It has received more contributions for crowdloans than any other parachain.
Swyftx’s fees are lower than the industry average in Australia, which means you can focus on trading and not worry about fees.
Verify your account almost instantly and transfer funds to get started with trading MOVR and tons of other assets.
Swyftx has integrated a mixture of cutting-edge security mechanisms such as Two-Factor Authentication (2FA) and Breached Password Detection.
Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.
Deposit and withdraw NZD via bank transfer.
Automate your crypto investments. Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.
Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.
Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.