CoinCodex is an aggregator for cryptocurrency information. We gather data from more than 210 exchanges to bring you real-time prices, historical charts and volume data for over 6,000 coins. … Our watchlist and portfolio features allow you to easily stay updated on the performance of your coins.
Also, is CoinCodex legit?
This is The REAL SCAM!
The information conveyed on this site is misleading and detrimental to the parties who make transactions through the information provided. I lost 0.01 BTC or the equivalent of 117 US $ after making a transaction via site address which was informed on this site.
Additionally, what are Stablecoins used for?
Stablecoins are digital assets designed to mimic the value of fiat currencies like the dollar or the euro. They allow users to cheaply and rapidly transfer value around the globe while maintaining price stability. Cryptocurrencies like Bitcoin and Ethereum are notorious for their volatility when priced against fiat.
Is SNX on Binance?
Binance will list Synthetix (SNX) and open trading for SNX/BTC, SNX/BNB, SNX/BUSD and SNX/USDT trading pairs at 2020/07/09 12:00 PM (UTC). Users can now start depositing SNX in preparation for trading.
Investing or trading Bitcoin only requires an account on an exchange, though further safe storage practices are recommended.
- Before You Buy Bitcoin.
- Step One: Choose an Exchange.
- Step Two: Connect Your Exchange to a Payment Option.
- Step Three: Place an Order.
- Step Four: Safe Storage.
- Alternate Ways of Buying Bitcoin.
8 Best Crypto Exchanges in 2021
- Best overall, low fees – Binance.
- Best customer service – Kraken.
- Crypto meets forex – eToro.
- Simple brokerage service for popular coins – Coinmama.
- Popular for Bitcoin – Coinbase.
- Good trading volumes – Bittrex.
- No ID required – Bisq.
- Strong security features – Gemini.
Here are the best stablecoins right now:
- Tether (USDT) Tether. $1.00. Buy Tether. …
- True USD (TUSD) TrueUSD. $0.99. Buy TrueUSD. …
- Paxos Standard (PAX) PAX Gold. $1,843.54. Buy PAX Gold. …
- USD Coin (USDC) USD Coin. $0.99. Buy USD Coin. …
- Binance USD (BUSD) Binance Coin. $676.26. Buy Binance Coin.
The supply of the stablecoins is regulated on-chain, using smart contracts, The price stability is achieved through introduction of supplementary instruments and incentives, not just the collateral.
The main feature of a Stablecoin is that its value will remain stable even after five years, and this will ease losses with a significant drop in the market. At the same time, the collapse in a Cryptocurrency market will let you suffer a huge loss.