What is ACA Coin? ACA Token Features

ACA Coin Today’s Price Quote

$0.18777 ≈¥1.35

What is ACA Coin

Acala Network (ACA Coin) is A utility token that powers Polkadot’s DeFi hub. Acala is Polkadot’s distributed financial network and liquidity hub. It is a layer-1 smart contract platform that is scalable, compatible with Ethereum, and optimized for DeFi, with built-in liquidity and native financial Dapps. With the AcalaSwap decentralized exchange, Acala Dollar decentralized stablecoin (aUSD), DOT Staking Liquidity Solution (LDOT) and AcalaEVM, Acala gives developers access to the core of Ethereum and the full functionality of Substrate.

The network is scalable, compatible with Ethereum, and optimized for DeFi. The network will also connect to Ethereum, Bitcoin and other networks such as Compound Gateway, for which Acala received inaugural funding from Compound. Acala is working with US fintech company Current to develop hybrid crypto and fintech products to bring DeFi benefits to Current’s 3 million US customers.

ACA Token Features

Transaction Fees: Provide support for micro gas fees and smart contract execution. Node incentives incentivize network nodes to monitor and relay messages to Polkadot.

Governance: Empower the community to vote, elect council members, and drive Acala’s growth.

Algorithmic Risk Adjustment: Automatically adjust risk parameters such as interest rates or collateral ratios.

Pallet Deployment: Allows teams to deploy new Substrate pallets on the Acala blockchain by staking ACA.

Which exchanges are ACA coins listed on?

1. Binance binance

Binance (Binance) exchange is a global A cryptocurrency exchange that serves 180 countries and regions including North America, Europe, Taiwan, the Middle East, Hong Kong, and Malaysia, provides more than 600 cryptocurrencies, and has 120 million registered users worldwide. Since 2018, Binance has been considered the world’s largest cryptocurrency exchange in terms of trading volume, with a 24-hour trading volume of US$76 billion.

Inventory: Founder Zhao Changpeng and his old employer Okcoin have been having constant disputes. They were not optimistic at first, but later they found that the performance of the platform was quite impressive!

2. Ouyi okx

OKX is the world's top two virtual currency trading and Web3 platform, providing Bitcoin (BTC), Ethereum (ETH), USDT, Shiba Inu (SHIB), Ripple XRP, Dogecoin (Doge), etc. to global users. Cryptocurrency and derivatives trading services for virtual currency assets, allowing you to conveniently and quickly manage investments in cryptocurrencies and other assets.

Inventory: OuYi’s trading volume, number of currencies, and security are among the best in China, and its handling fees are also low.

3.Huobi.com

Huobi Global Professional Station is an innovative digital asset international station under Huobi Group that serves professional trading users around the world. It is committed to discovering high-quality innovative digital asset investment opportunities. Currently, It provides trading and investment services in more than 40 types of digital assets. It is headquartered in Singapore and is operated by the Huobi Global Professional Station team. Huobi Group is a globally competitive and influential comprehensive digital asset service provider, providing high-quality services to millions of users in more than 130 countries. It has independent trading business and operation centers in Singapore, Hong Kong, South Korea, Japan and other countries and regions. Huobi Group is in a leading position in the world in terms of technology platform, product lines, security risk control system, operation and customer service system.

Inventory: It has set the highest record for global Bitcoin trading platforms and is one of the largest Bitcoin trading platforms in the world.

4.Open Sesame gate.io

Gate.io was established in April 2013 with the Chinese name "Open Sesame". It was formerly known as China's "Biter" exchange. The founder is a technology Dr. Han Lin, who was born. The original intention of Gate.io was to "find a safe trading place for everyone who believes in Bitcoin". This idea has been implemented in the development of Gate.io. After the tightening of regulatory policies in 9.4, Gate.io left China and has been developing overseas. Recently, it has also entered Southeast Asian markets such as Taiwan, Malaysia, Indonesia, Singapore, and South Korea. Gate.io is currently headquartered in the British Cayman Islands and provides fiat, spot and derivatives trading of cryptocurrencies to more than 4 million users from more than 130 countries. The official claims to provide 100% margin audit proof, authentic and transparent crypto asset trading services.

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