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ela currency trading platform

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Release: 2024-07-23 22:36:02
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ELA Coin is a decentralized blockchain platform used to create a secure and scalable Internet ecosystem. In the Elastos ecosystem, ELA coins can be used for payment of fees, governance, mortgage mining, digital asset issuance and DApp development. Trading platforms that support ELA coin trading include Binance, Huobi, OKEx, Gate.io, and KuCoin. When choosing a trading platform, you need to consider factors such as security, transaction fees, transaction volume, supported currencies, and user experience.

ela currency trading platform

ELA Coin Trading Platform

What is ELA Coin?

ELA Coin (Elastos) is a decentralized blockchain platform designed to create a secure, scalable, and easy-to-use Internet ecosystem. The platform achieves this by combining smart contracts, distributed storage, and cross-chain interoperability.

What are the uses of ELA coins?

ELA coins have multiple uses within the Elastos ecosystem, including:

  • Payment Fees: Used to pay for transaction fees, smart contract execution, and storage fees on the network.
  • Governance: ELA holders can participate in the governance of the Elastos ecosystem by participating in votes and proposals.
  • Staking Mining: ELA holders can earn network rewards by staking their ELA coins.
  • Digital Asset Issuance: The Elastos platform allows for the issuance and trading of digital assets that can represent real-world assets or services.
  • DApp Development: Developers can use ELA coins to create and deploy decentralized applications (DApps).

Which trading platforms support ELA coin trading?

The following are some trading platforms that support ELA coin trading:

  • Binance
  • Huobi
  • OKEx
  • Gate.io
  • KuCo in

Choose ELA Coin Trading What factors should be considered when choosing a platform?

The following factors should be considered when choosing an ELA coin trading platform:

  • Security and Reputation: Choose a reputable platform with strong security measures.
  • Transaction Fees: Compare the transaction fees of different platforms to find the best deal.
  • Trading volume: Choose a platform with large trading volume to ensure sufficient liquidity.
  • Supported Currencies: Make sure the platform supports the currency pairs you are interested in.
  • User Experience: Choose a platform that is user-friendly and easy to use.

At 17:00 on July 10, Elastos (ELA) was quoted at $1.8525551056574, and the trading volume in the past 24 hours was $569725.60525738. Nonetheless, the price of ELA has experienced a -2.40884598% drop in the past 24 hours, which is somewhat disappointing.

As of now, the circulating supply of ELA is 22123667, the total supply is 22123667, and the maximum supply is set at 28219999. This means that the amount of ELA currently in circulation accounts for 78.38% of its maximum supply. The circulating market value of ELA is $40985312.256715, indicating its current value and influence in the cryptocurrency market.

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