Cryptrust (CTRT) is currently traded at a price of $ 0.00000060, with a market cap standing at $ 4.3K, ranking it as the #3798 in terms of market capitalization among all cryptocurrencies.
Cryptrust is a unique, innovative platform that is geared towards merging social media and cryptocurrency transactions. It exists as a social network where cryptocurrency wallets gather based on trust. It utilises some core aspects of regular social media and combines them with the decentralization characteristic of blockchain technology. By doing this, Cryptrust tries to bridge the gap that exists between current centralized social media platforms and trust among cryptocurrency wallet holders.
As it stands, the team behind Cryptrust is not publicly known. They have chosen to keep their identities privately, which is not uncommon in the cryptographic and blockchain space.
Essentially, Cryptrust relies on a decentralized system unlike traditional social media platforms that are centrally controlled. This means that control over the network is divided among all the user wallets within the system, promoting a mutual trust network among the participants. This design is meant to address some of the pain points that centralized social networks face. Here on Cryptrust, a user's activity and interactions are visible to the public, hence fostering transparency and building trust among participants.
Perhaps the most unique aspect of Cryptrust is its idea of merging the promising world of cryptocurrencies with the high frequency interactive behavior of social media. The platform aims to serve as a solution to the current issues that centralized social media networking platforms experience. It introduces a method of building trust among those who hold cryptocurrencies by utilizing blockchain technology's decentralization aspect.
As of the moment, there are approximately 7.1B CTRT coins released into circulation.
Well, Cryptrust (CTRT) is listed and available in various cryptocurrency exchanges. You can buy, sell, or trade CTRT in any of the registered that support the token.
As with all digital cryptocurrencies, users are advised to observe high-level security measures in protecting their holdings. This includes keeping private keys and seed phrases secure and ensuring that their devices are protected from malware. Remember, the very nature of cryptocurrencies is control over your own assets, which also means responsibility for their security.
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