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Market
Market stats
Market cap
$55,699.61
Volume (24h)
$0.89
Circulating supply
758.9K KFX
All time high
$10.50
Price change (1h)
+0.6%
Price change (24h)
-8.48%
Price change (7d)
+366.03%
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
KnoxFS is on the rise this week.
The price of KnoxFS has risen by 366.03% in the past 7 days. The price declined by 8.48% in the last 24 hours. In just the past hour, the price grew by 0.60%. The current price is $0.0734 per KFX. KnoxFS is 99.30% below the all time high of $10.50.
The current circulating supply is 758,916.514 KFX.
About
What is KnoxFS (KFX)?
KnoxFS is a Bitcoin-based cryptocurrency built on the KFX blockchain designed for sending and storing data. The platform aims to build a decentralized solution for providing an innovative, secure, and private storage application globally for the non-blockchain and crypto-based world. Subsequently, KnoxFS integrates with existing storage networks from Sia, Stroj, and Filecoin in a fully decentralized architecture to offer a redundant public Application Programming Interface (API) solution for automatic trading.
According to the whitepaper, data transmitting and storing among peers has been common in recent times. While doing so, individuals have to forfeit their privacy in various real-life situations. Thus, KnoxFS is building a decentralized solution using InterPlanetary Files System (IPFS) and blockchain technology. IPFS is a variation of the file system that can store files and track versions over time. Another security aspect is addressed by following a delegated Proof of Stake (DPOS) algorithm that supports staking and masternodes. Masternodes are nodes running on the same wallet software and blockchain to provide extra services to the network.
Further, KnosFS utilizes existing third-party open source storage networks enabling scalability, flexibility, and redundancy. The team intends to offer a range of commercially viable applications centered around decentralized storage with a broad user base. Additionally, the platform also seeks to facilitate the self-developed software solutions with the KFX currency as a payment option and therefore drive demand for the coin.
The KnoxFS ecosystem runs a community-owned DAO governed structure with KFX token. Users can stake KFX tokens on the blockchain. Consequently, users can pay for commercially viable products like in-app advertisements, premium subscriptions, coin sales, grants, and sponsorships using KFX tokens. Users can purchase KFX from various decentralized exchanges (DEX) platforms.
In the future, to create a solution for automatic swapping of coins and increasing liquidity, the platforms intend to bridge KFX to the Ethereum blockchain with the help of a wrapped KFX token. Besides, the launch of a wrapped token (token represented by another token to be available on a different network) intends to help the open platform possibilities to trade on DeFi platforms and attract new token holders.
History of KnoxFS (KFX)
Aegeus was the founder of the KnoxFS project in late 2017. Later, in 2020, Aegeus rebranded KnoxFS and made a pivot. The project aimed to issue a maximum of five million KFX tokens.
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KnoxFS Calculator
How much is 1 KFX?
Conversion Table
KFX/CAD (Canadian Dollar)
CA$0.0997
KFX/GBP (British Pound)
£0.0602
KFX/JPY (Japanese Yen)
¥10.99
KFX/BRL (Real)
R$0.37
KFX/EUR (Euro)
€0.0694
KFX/NGN (Nigerian Naira)
NGN 56.78
Reading List
News
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You Can Now Trade Bitcoin Mining Hashpower on Arbitrum
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Unchained • Sep 27, 23
SEC Chair Gensler Says Bitcoin Isn’t a Security
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CoinDesk • Sep 27, 23
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There’s a better trade than buying Grayscale’s GBTC if you’re optimistic the SEC will approve crypto ETFs.
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The Block • Sep 27, 23
FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance
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FAQ
What is the current price of KnoxFS?
We update our KnoxFS to USD currency in real-time. Get the live price of KnoxFS on Coinbase.
What is the market cap of KnoxFS?
The current market cap of KnoxFS is $55.70K. A high market cap implies that the asset is highly valued by the market.
What is the all time high of KnoxFS?
The all-time high of KnoxFS is $10.50. This all-time high is highest price paid for KnoxFS since it was launched.
What is the 24 hour trading volume of KnoxFS?
Over the last 24 hours, the trading volume of KnoxFS is $0.89.
What other assets are similar to KnoxFS?
Assets that have a similar market cap to KnoxFS include ByteNext, Cook Finance, Phoenix Token, and many others. To see a full list, see our comparable market cap assets.
How many KnoxFS are there?
The current circulating supply of KnoxFS is 759 thousand.
Can I buy KnoxFS on Coinbase?
No, KnoxFS is not currently available on Coinbase, but you can sign up to get the latest news on KnoxFS and be notified when it gets added to our exchange.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.