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$284,112,500
$914,736
425,000,000 CFG
425,000,000 CFG
Centrifuge CFGCentrifuge (CFG) Chart
Centrifuge (CFG) Return On Investment(ROI)
Centrifuge (CFG) Price Now
Centrifuge price today is $0.6685 with a 24-hour trading volume of $914,736. CFG price is down -1.72% in the last 24 hours. It has a max supply of 425Mil.
What Is Centrifuge(CFG)?
Centrifuge is a network that provides access to fast, cheap capital for small businesses and stable yield for investors.
Centrifuge bridges real-world assets into DeFi (“Decentralized Finance”) to bring down the cost of capital for SMEs and provide DeFi investors with a stable source of yield uncorrelated from volatile crypto assets.
Centrifuge Chain is the home for real-world assets (RWA) on-chain. It is a Proof-of-Stake blockchain built on Substrate that enables users to bring their assets on-chain as non-fungible tokens (NFTs). This is the starting point to unlock financing for any type of asset through DeFi. Centrifuge Chain is bridged to Ethereum, but uses its own native token - the Centrifuge (CFG) token.
Centrifuge token (CFG) is a crypto economic primitive and a native token that utilizes a nominated-Proof-of-Stake consensus algorithm to stake validators and provide incentives for Centrifuge adoption. CFG empowers holders to guide the development of Centrifuge through on-chain governance.
CFG Distribution
The initial Centrifuge Token Generation Event was executed by the Centrifuge Network Foundation. The initial distribution created 400,000,000 CFG, which was distributed to the Foundation and initial contributors, including; the core team, investors, and validators. Since genesis, roughly 25 million additional tokens have been minted as rewards for adoption.
CFG Transaction Fees
Transaction fees are paid in CFG by users for: anchors, NFT minting, Tinlake financing transactions, and many more functionalities to come. A percentage of transaction fees will be distributed to collator nodes, and the remainder will be burned at a rate set by on-chain governance.
Where Can You Buy Centrifuge(CFG)?
Investing in Centrifuge can seem complicated, but it is much easier when you buy Centrifuge through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Centrifuge — both for fiat money and other cryptocurrencies. Some of the most popular Centrifuge cryptocurrency exchange are:
Centrifuge (CFG) Community
- Twitter: https://twitter.com/centrifuge
- Medium: https://medium.com/centrifuge
- Telegram: https://t.me/centrifuge_chat
Centrifuge FAQ
What is the price of Centrifuge (CFG) coin?
The current Centrifuge usd price is $0.6685. We update the Centrifuge USD price in real time. Get live prices of Centrifuge on different cryptocurrency exchanges around the world on Coincarp.
Is Centrifuge (CFG) coin a good investment?
It depends on your personal risk tolerance and investment goals. Centrifuge is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Centrifuge investing, you will also need to understand the Centrifuge project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Centrifuge investing are by participating in Spot trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
Where can I buy Centrifuge (CFG) coin crypto?
You can buy Centrifuge from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Centrifuge. Cryptocurrency exchanges that currently support Centrifuge trading include:
If there is any error, please feedback to us, our email is hello@coincarp.com. Please be aware that buying and selling Centrifuge involves high risks.You should always do your own research and make sure you understand the risks associated with Centrifuge trading before you begin.
How to short Centrifuge (CFG) coin?
According to CoinCarp's tracking data, no crypto exchange yet supports Centrifuge contracts or ETF trading. so you can't short Centrifuge
What will Centrifuge (CFG) coin be worth in 5 years?
It is impossible to predict what Centrifuge will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Centrifuge's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Centrifuge 5 years from now.
CFG Price Statistics
Centrifuge Price
$0.6685
Price Change24h
$-0.011699 1.72%
24h Low / 24h High
$0.668 / $0.6885
Trading Volume 24h
$914,736
Volume/Market cap (24h)
0.32%
Market Dominance
--
Market Cap
--
Fully Diluted Market Cap
$284,112,500
7d Low / 7d High
$0.668 / $0.8
30d Low / 30d High
$0.5961 / $1.09
90d Low / 90d High
$0.4912 / $1.13
52 Week Low / 52 Week High
$0.1661 / $1.13
All Time High
$2.59
All Time Low
$0.139
