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Market

Market stats

Market cap

$1.9M

Volume (24h)

$33,271.72

Circulating supply

80.1M POSI

All time high

$7.89

Price change (1h)

-0.12%

Price change (24h)

-0.69%

Price change (7d)

+10.53%

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Position Exchange is on the rise this week.

The price of Position Exchange has risen by 10.53% in the past 7 days. The price declined by 0.69% in the last 24 hours. In just the past hour, the price shrunk by 0.12%. The current price is $0.0242 per POSI. Position Exchange is 99.69% below the all time high of $7.89.

The current circulating supply is 80,117,985.805 POSI.

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About

What Is Position Exchange (POSI)?

Position Exchange is a decentralized cryptocurrency platform aimed at bridging the gap between people and cryptocurrencies while also improving the DeFi experience. As the whitepaper states, the protocol is completely owned and operated by its community. The platform seeks to provide users with a wide range of DeFi products in an open, transparent, and trustless system where everything happens on-chain (on the blockchain). The platform is designed to provide all of the benefits of decentralized finance while incorporating traditional centralized finance tools and experiences.

The POSI token, the native utility BEP-20 token of Position Exchange, serves as the backbone of its ecosystem. Holders can use a variety of benefits and use POSI in other platform features. All fees and earnings generated by the protocol are allocated to all POSI holders using an on-chain method called Buy-Back and Burn. Buy-Back and Burn is a mechanism in which the platform buys the tokens and burns or destroys them by sending them to an unusable or invalid wallet address. Burning of the token is done to decrease the circulating supply so that the value of the token increases. 

Furthermore, POSI holders seek to have various benefits such as the following:

  • Through staking POSI tokens in staking pools, POSI token holders aim to receive rewards. Hence, holders can earn passive income.

  • POSI holders can participate in the platform's governance by proposing and voting on modifications.

  • While simply holding the tokens, POSI token holders seek to share a 1% fee from transactions.

  • Trading protocol fee discounts are available to POSI token holders.

  • POSI tokens can be used to cast NFTs.

History of Position Exchange (POSI)

As stated in the whitepaper, the project's team and collaborators are multidisciplinary, with substantial experience in programming, smart contracts, blockchain, finance, trading, and cryptocurrency. For the earliest stages of the project, the crew has agreed to remain anonymous. This decision was made after much thought regarding the nature of Position Exchange and how to create trust in the POSI project's potential rather than in individuals. 

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FAQ

What is the current price of Position Exchange?

We update our Position Exchange to USD currency in real-time. Get the live price of Position Exchange on Coinbase.

What is the market cap of Position Exchange?

The current market cap of Position Exchange is $1.94M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Position Exchange?

The all-time high of Position Exchange is $7.89. This all-time high is highest price paid for Position Exchange since it was launched.

What is the 24 hour trading volume of Position Exchange?

Over the last 24 hours, the trading volume of Position Exchange is $33.27K.

What other assets are similar to Position Exchange?

Assets that have a similar market cap to Position Exchange include azit, Pickle Finance, Shib Original Vision, and many others. To see a full list, see our comparable market cap assets.

How many Position Exchange are there?

The current circulating supply of Position Exchange is 80 million.

Can I buy Position Exchange on Coinbase?

No, Position Exchange is not currently available on Coinbase, but you can sign up to get the latest news on Position Exchange and be notified when it gets added to our exchange.