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Buy Relay Token with Coinbase Wallet

Relay Token can be traded using Coinbase Wallet, your key to the world of crypto.

About Relay Token

RelayChain is a bridging platform that offers traders access to cross-chain opportunities on multiple blockchains. It allows users to use various markets by integrating them into native DeFi applications, DApps, CEXs, and DEXs, thus seeking to offer a seamless bridging experience to its users.

Moreover, the platform aims to be efficient, allowing users to have a stress-free bridging experience. Also, in terms of security, the platform aims to offer three layers of auditing of all codes and smart contracts, seeking to ensure the safety and security of each transaction. Smart contracts are just like regular contracts. However, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Besides, it seeks to be a cost-effective bridging platform, ensure no loss of funds, and provide automatic processing of stuck transactions.

According to the whitepaper, the platform offers various opportunities to traders, such as they can trade on multiple chains and get exposure to various DeFi projects and liquidity pools. Liquidity is the easy conversion of an asset into traditional currency without impacting the market price.

The RELAY token is the native token of RelayChain. The token seeks to allow users to earn passive income without worrying about the risk of loss. One of the ways is through regenerative rewards. The platform aims to share a portion of the generated revenue as staking rewards. The token holders can also earn native gas tokens by staking their RELAY tokens. The gas token is an Ethereum contract that allows users to tokenize fees on the Ethereum blockchain. In addition to that, the token holders get portfolio exposure to multichains for holding and staking RELAY tokens. 

In tokenomics, 25% of the total tokens is allocated for network growth funds, and 35% is for zero relay swap. Also, 15% is for community rewards and 10% is distributed among the team members. In addition, 7.5% of the total tokens is for marketing, 4% for advisers, and 2.5% for IDO (initial DEX offering). And lastly, 1% goes to legacy zero holders. 

Formerly, the platform was a multipurpose DEX integrating bridges. However, on August 2, 2021, Relay was launched as a bridging service provider. The whitepaper of Relay Chain was published on November 21, 2021. Moreover, the maximum total supply of the RELAY tokens is 10 million tokens.

Market

Singapore Market Stats

Market cap

S$247,099.64

Volume (24h)

S$1.24

Circulating supply

3.3M RELAY

All time high

S$9.84

Price change (1h)

0%

Price change (24h)

-1.67%

Price change (7d)

-1.58%

Singapore News about Relay Token

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Relay Token is on the decline this week.

The current price is S$0.0742 per RELAY with a 24-hour trading volume of S$1.24. Currently, Relay Token is valued at 99.25% below its all time high of S$9.84. This all-time high was the highest price paid for Relay Token since its launch.

The current circulating supply of Relay Token is 3,329,125 RELAY which means that Relay Token has as total market cap of 3,329,125.

FAQ

What is the current price of Relay Token?

We update our Relay Token to SGD currency in real-time. Get the live price of Relay Token on Coinbase.

What is the market cap of Relay Token?

The current market cap of Relay Token is S$247.10K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Relay Token?

The all-time high of Relay Token is S$9.84. This all-time high is highest price paid for Relay Token since it was launched.

What is the 24 hour trading volume of Relay Token?

Over the last 24 hours, the trading volume of Relay Token is S$1.24.

What other assets are similar to Relay Token?

Assets that have a similar market cap to Relay Token include El Dorado Exchange, XAI Corp, DEVAI, and many others. To see a full list, see our comparable market cap assets.

How many Relay Token are there?

The current circulating supply of Relay Token is 3.3 million.

Can I buy Relay Token on Coinbase?

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

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