These are the project’s quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project. Xfinance (XFI) is currently ranked as the #3238 cryptocurrency by market cap. The goal of MinePlex is to expand the influence of the blockchain and give users understandable and accessible financial instruments that will make the use of cryptocurrencies as simple as traditional currencies. Founded in 2020 and headquartered in Singapore, the company has launched 9 real products to the crypto market.

• Bitcoin
  BTC
  has rocketed higher this year, with the bitcoin price surging this month to highs not seen since early 2022—with a China earthquake suddenly appearing on the horizon.
• The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice.
• As such, being an Ethereum-based token means that XFinance sits on tried-and-tested technology.
• The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned).
• Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 737 exchanges.

Finally, the XFI token supply is also fixed, thereby offering a non-inflationary and limited supply of XFI tokens. Xfinance claims to bring a new dimension to the Ethereum DeFi industry as a full-stack network that is not limited to only one product, which opens it up to many more use cases in the ecosystem. Additionally, the protocol has links with NowEx, a derivatives exchange. The DeFi protocol has a mobile app that lowers barriers to access DeFi products, requiring only a smartphone and a stable internet connection. A new version of Xfinance was released at the end of August 2020.

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MinePlex develops a community in 68 countries around the world, solving common problems faced by participants of the crypto space. MinePlex is a new generation digital ecosystem that creates advanced and modern payment solutions. The company uses a unique CrossFi technology that synthesizes the stability of traditional finance, the transparency and security of blockchain technology. The protocol runs on the Ethereum blockchain, the second-largest blockchain platform, which currently uses the dual consensus mechanism (proof of work and proof of stake). Furthermore, its native token, XFI, is built using Ethereum’s ERC-20 standards.

Xfinance uses the base currency to power a host of services and rewards on the platform. To elaborate, it can be used to pay for transaction charges, receive rewards for liquidity providers, and staking. A 60% allocation of the proceeds went to providing liquidity on Uniswap, while 15% went to buying back and burning the network’s base asset. Notably, the buyback option was meant to reduce the supply and boost the value by increasing the coin’s demand. The protocol was launched in September 2020 in collaboration with LID to conduct an XFI initial launch presale. The sale involved exchanging the native token for Ethereum (ETH) at a rate of 1 ETH for 3.8 XFI coins when trading on Uniswap.

• Unfortunately, seems like there is no data available for Xfinance because of coin inactivity.
• According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Xfinance.
• If you would like to know where to buy CrossFi at the current rate, the top cryptocurrency exchanges for trading in CrossFi stock are currently HTX, and MEXC.
• We also gather additional information from different sources to ensure we cover all necessary data or events.

In addition, its xPerp offering allows the trading of perpetual contracts. XSwap is another Xfinance product handling automatic market-making (AMM). Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. Investors https://cryptolisting.org/blog/where-can-you-short-crypto should conduct their own research and analysis before making any investment decisions. You should also be aware of the potential for loss, and only invest what you can afford to lose. The table above shows the price and ROI of Xfinance today and previous years on the same date (Dec 30).

XFI Breakdown

Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor. Xfinance price today is $ 43.99 with a 24-hour trading volume of $ 25.34, market cap of $ 2.07M, and market dominance of 0.00%. Xfinance’s current circulating supply is 46,993 XFI out of max supply of 50,000 XFI.

What’s Xfinance trading volume in the last 24 hours?

The company uses its own unique CrossFi technology, which synthesizes the stability of traditional finance and the transparency and security of blockchain technology. CrossFi aims to eliminate the financial isolation of citizens of any countries and simplify the use of cryptocurrencies in the daily routine. The most active and popular exchanges for buying or selling XFI are Binance, Kucoin & Kraken.

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All MPX holders can delegate their coins to start XFI mining, and each new block of XFI coins depends on the delegates served by MPX stakes. Both MPX and XFI are used in various products and services of the MinePlex ecosystem. XFI staking took off in September 2020, and 1,050 XFI coins from the ecosystem fund were marked to provide rewards to stakers. Furthermore, the platform charges a flat rate of 2.5% for every stake or unstake event. The XFI protocol uses the Ethereum blockchain to power a full-stack product. For example, it’s ideal for token swaps, leverage trading, and trading of non-fungible tokens (NFTs).

Xfinance Historical Stats

As of today, XFI tokens are traded only on the second version of Uniswap decentralized exchanges and can be bought only with ETH coins. No centralized exchanges listing means it’s less accessible for many investors. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 737 exchanges. Coinlore provides independent cryptocurrency / coin prices calculated by its own algorithm, and other metrics such as markets, volumes, historical prices, charts, coin market caps, blockchain info, API, widgets, and more. We also gather additional information from different sources to ensure we cover all necessary data or events. CrossFi is a next generation digital ecosystem that creates advanced and modern payment solutions.

If you would like to know where to buy CrossFi at the current rate, the top cryptocurrency exchanges for trading in CrossFi stock are currently HTX, and MEXC. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

They’re used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project’s website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic – is a metric of how many monthly users visit the project’s website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype. These are the project’s quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.