Home web3.0 Introduction to SUPRA currency types

Introduction to SUPRA currency types

Dec 09, 2024 pm 12:25 PM
Blockchain binance cryptocurrency Ethereum usdt exchange trading platform okx Ethereum blockchain kucoin Supra

SUPRA, a utility token based on the Ethereum blockchain, powering the Web 3.0 decentralized financial ecosystem. The platform provides multiple use cases such as governance, staking and payments, creating an open and scalable environment for developers and users. SUPRA ranks in the middle of the cryptocurrency market, ranking 476th on the OKX exchange.

Introduction to SUPRA currency types

In-depth analysis of SUPRA currency

Introduction

SUPRA is a utility token based on the Ethereum blockchain for the Web 3.0 decentralized finance (DeFi) ecosystem. It is an open, extensible platform that provides developers and users with the tools to create and use DeFi applications.

Use Cases

SUPRA has multiple use cases in the SUPRA ecosystem:

  • Governance: Hold SUPRA Users of the token can participate in platform governance, vote on proposals and decide on the future development of the ecosystem.
  • Staking: Users can stake their tokens in the SUPRA ecosystem to earn rewards and yields.
  • Fees: SUPRA is used as a medium to pay transaction fees within the ecosystem.
  • DeFi Applications: SUPRA can be used to build and use various DeFi applications such as lending, trading, and derivatives.

Ranking

As of this writing, SUPRA is ranked as follows on the major cryptocurrency trading platforms:

  • OKX: No. 476 Bits
  • Coinbase: Not Listed
  • Binance: Not listed
  • KuCoin: Not listed

OKX The steps to buy and hold SUPRA on OKX are as follows:

Create an account:
    Register an OKX account and complete Authentication.
  • Deposit fiat currency:
  • Inject fiat funds into your account through a variety of fiat currency gateways (such as bank transfer or credit card).
  • Find the SUPRA trading pair:
  • Find the SUPRA/USDT trading pair on the OKX trading platform.
  • Place a market or limit order:
  • Enter the quantity of SUPRA you want to buy and select a market or limit order. Market orders will be executed at the current market price, while limit orders will be executed at the price you specify or higher.
  • Confirm your transaction:
  • Review the transaction details carefully and click "Confirm" to complete your purchase.
  • Storing SUPRA:
  • Your SUPRA will be automatically stored in your OKX account.
  • Advantages of SUPRA

Here are some of the advantages of SUPRA:

  • Decentralization: SUPRA is built on the Ethereum blockchain, making it a decentralized platform that is not controlled by any centralized entity.
  • Scalability: The SUPRA ecosystem is scalable and capable of handling large volumes of transactions without congestion or latency.
  • Security: SUPRA is based on the Ethereum blockchain, known for its security and stability.
  • Community Support: There is a strong community behind SUPRA that is dedicated to the growth and development of the platform.

Disadvantages of SUPRA

Here are some of the disadvantages of SUPRA:

  • Low visibility: VS. Compared to some of the more well-known DeFi tokens, SUPRA is relatively less well-known.
  • Intense Competition: The DeFi market is highly competitive, and SUPRA faces competition from other platforms and tokens.
  • Price Fluctuation: The price of SUPRA may fluctuate as it is a cryptocurrency and is affected by market dynamics.

FAQ

What is the maximum supply of SUPRA?

  • The maximum supply of SUPRA is 1 billion.

What is the circulating supply of SUPRA?

  • As of this writing, the circulating supply of SUPRA is approximately 250 million pieces.

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