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Defi Coin can be traded using Coinbase Wallet, your key to the world of crypto.

About Defi Coin

The DeFi Swap is a decentralized exchange platform. The platform aims to eliminate the need for users to go to a centralized third party, allowing them to exchange value directly with other market participants. The system is supported by a native digital currency, DeFi Coin (DEFC), to achieve its decentralized goals. The token is primarily used for Reflection, LP Acquisition, and Burn. This coin is based on the Binance Smart Chain and can be transferred from one wallet to another.

According to its website, day trading has the unintended consequence of volatility and huge price swings. To address this, DeFi Coin token holders are encouraged to keep their tokens for a long time; therefore, the holders are rewarded static reflections for holding the tokens. Further, the transactions are taxed at 10 percent. Five percent of this tax amount is distributed to existing DeFi Coin token holders. The remaining 5 percent is used to supply liquidity to decentralized exchange services. Also, users who hold DeFi Coins have the opportunity to receive dividends through a fixed reward structure.

A further important concept to the team at DeFi Coin is an ongoing burning program. The overall supply of tokens is lowered when tokens are burned/destroyed. Particularly, when there are fewer tokens in circulation, the market value of the corresponding digital currency rises as a result. The tokens are burned by sending them to a burn address from where the tokens can never be retrieved back, and they are lost forever.

Moreover, the platform believes that one of the significant obstacles for decentralized exchanges is a lack of liquidity. This is because centralized operators continue to dominate the digital currency trading market. DeFi Coin has taken advantage of Automatic Liquidity Pools to solve this problem. Simply put, users can receive a predetermined rate of return when they deposit their digital currency holdings into Liquidity Pools.

In the platform's roadmap, the platform has already completed a few of its targets like developing and launching the website, getting listed on exchange platforms, the launch of DeFi Swap, etc.

Market

Portugal Market Stats

Market cap

-

Volume (24h)

€2.78

Circulating supply

-

All time high

€0.0011

Price change (1h)

+100%

Price change (24h)

+100%

Price change (7d)

+100%

Portugal News about Defi Coin

Decrypt • May 02, 24

What are Parachains? Polkadot's Secret Weapon Explained

Polkadot’s parachains offer a unique technical approach to achieving scalability and interoperability for blockchains.

Read more

News Article Image

Blockworks • May 02, 24

StakeKit launches market’s most comprehensive self-custodial yield API, powering Zerion’s new Earn section

The Earn section on Zerion now offers users the ability to stake, liquid stake, restake, and earn DeFi yields

Read more

News Article Image

CoinDesk • May 02, 24

MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals

MicroStrategy has already built one application using its service. "Orange For Outlook" integrates digital signatures into emails to enable recipients to verify the identity of the sender.

Read more

News Article Image

Decrypt • May 02, 24

Ethereum Blogging Protocol Mirror Embraces Farcaster in Social Media Pivot

Mirror's team is now building a Farcaster-based social app called Kiosk, while Paragraph will take over Mirror. Collectively, they've raised $15 million.

Read more

News Article Image

Blockworks • May 02, 24

Fintech has hit a wall. Blockchain will break through it.

Relatively soon, blockchain will become the only part of fintech that matters.

Read more

News Article Image

BeInCrypto • May 02, 24

Long-Awaited DeFi Exchange Infinex Reveals Launch Date

Infinex, set to launch on May 13, merges Web2 and Web3, aiming to simplify DeFi trading and attract a broad user base with a robust security system.The post Long-Awaited DeFi Exchange Infinex Reveals Launch Date  appeared first on BeInCrypto.

Read more

News Article Image

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Defi Coin is on the rise this week.

The price of Defi Coin has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Defi Coin’s price has also risen by 100.00% in the past week. The current price is €0.0011 per DEFC with a 24-hour trading volume of €2.78. The new price represents a new all time high of €0.0011. This all-time high is the highest price paid for Defi Coin since its launch.

The current circulating supply of Defi Coin is 0 DEFC which means that Defi Coin has as total market cap of 0.

FAQ

What is the current price of Defi Coin?

We update our Defi Coin to EUR currency in real-time. Get the live price of Defi Coin on Coinbase.

What is the market cap of Defi Coin?

The current market cap of Defi Coin is €0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Defi Coin?

The all-time high of Defi Coin is €0.0011. This all-time high is highest price paid for Defi Coin since it was launched.

What is the 24 hour trading volume of Defi Coin?

Over the last 24 hours, the trading volume of Defi Coin is €2.78.

What other assets are similar to Defi Coin?

Assets that have a similar market cap to Defi Coin include SolDoge, Candy Pocket, GBOT, and many others. To see a full list, see our comparable market cap assets.

How many Defi Coin are there?

The current circulating supply of Defi Coin is 0.

Can I buy Defi Coin on Coinbase?

Yes, Defi Coin is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Defi Coin guide.