Market Rank | #982 |
---|---|
Market Cap | $ 23.5M |
Volume 24h | $ 2.3M |
Circ. Supply | 200.3M |
Total Supply | 300.0M |
Max Supply | 300.0M |
The current price of Tranchess (CHESS) is $ 0.11729100.
Tranchess is a cryptocurrency token marked as CHESS on cryptocurrency exchanges. It is an innovative blockchain-based platform with a unique take on DeFi and derivative protocols. It offers users the ability to take on different risk levels, depending on their crypto investment strategies, within the same asset. The token {{CHESS}} represents a governance token within the Tranchess ecosystem that provides voting rights and a share in protocol fees.
Tranchess stands out from other cryptocurrencies due to its unique protocol that allows users to split their Bitcoin holdings into different tranches or investment blocks. These tranches cater to different risk appetites, making it possible for users to have diversified risk within a single asset class. This is achieved with the help of the CHESS token, which represents a share in the protocol.
While information on Tranchess mining may not be accessible through the provided placeholders, it is essential to note that like many DeFi tokens, CHESS tokens could possibly be earned through staking or liquidity provision activities designated by the platform. Such systems usually help secure the network and promote decentralization.
The current circulating supply of Tranchess (CHESS) tokens is 200.3M.
In the last 24 hours, the price of Tranchess (CHESS) has decreased by -4.84%%.
Tranchess (CHESS) can be purchased safely on any of the Bkex, LBank, CoinEx, Gate.io, BitMart.
Storing Tranchess (CHESS) securely involves using reliable hardware wallets or approved wallets listed on its official site. It's advised to store your tokens in a secure wallet where you own the private keys. This way, you're responsible for your cryptocurrency security. Combining this with standard security measures such as strong and unique passwords, two-factor authentication, and keeping your private keys secret maximizes the security of your assets.
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