Market Rank | #5261 |
---|---|
Market Cap | $ 0.2M |
Volume 24h | $ 0.2M |
Circ. Supply | 3.9B |
Total Supply | 10.0B |
Max Supply | 10.0B |
The current price of Convergence (CONV) is $ 0.00005040.
Convergence (CONV) is a decentralized protocol enabling the bridging of real world asset exposure to the decentralized finance (DeFi) sector. By functioning as a two-way conduit between real world assets and the cryptocurrency ecosystem, it enables users to use traditional assets as collateral for DeFi services, or as a means to gain exposure to traditional markets.
While the specific team or individuals behind Convergence are not provided by the placeholders, their aim was to create a bridge to bring traditional assets into the DeFi sector. This would ultimately increase liquidity and options for traders while increasing access to traditional markets for cryptocurrency users.
Convergence differentiates itself by providing a decentralised platform for users to trade Wrapped Security Tokens that represent real world assets in DeFi. This makes it possible for users to gain exposure to traditional assets using their cryptocurrency without needing to exit the ecosystem.
While specific details about Convergence's mining mechanism are not provided, mining is a common mechanism employed by cryptocurrencies to manage transactions and maintain ledger integrity.
The placeholders do not provide any specific information concerning Convergence halving events, which are often times when the mining reward for a cryptocurrency is halved.
Convergence, being a decentralized protocol, is likely to employ cryptographic security measures similar to those used by other decentralized networks. These measures would be designed to ensure the security and integrity of transactions.
The current circulating supply of Convergence is at 3.9B.
Over the past 24 hours, Convergence's price has decreased by -2.96%.
Convergence can be purchased safely on the following BitMax, CEX.io, OKEx, Bitfinex, Gate.io where it is currently listed.
As a decentralized protocol, Convergence can be stored in any compatible cryptocurrency wallet where the private keys are under your control.
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