As of now, the price of XEuro (XEURO) is $ 0.80262500. In the last 24 hours, it has increased by +0.00%%. Please note that cryptocurrency prices can be volatile and change rapidly in the market.
XEuro (XEURO) is a digital currency that aims to mirror the value of the Euro, functioning as a so-called stablecoin. A stablecoin is a type of cryptocurrency that tries to offer price stability and is backed by a reserve asset, like fiat money. XEuro is designed to make transactions fast, secure, and with minimal fees, while keeping the value as close as possible to the actual Euro.
The team or individual who created XEuro hasn't been officially disclosed in the information provided. However, the development of a cryptocurrency typically involves a group of programmers and a company or organization backing the project. For more specific details, it's recommended to check the official XEuro website or their whitepaper.
XEuro functions similarly to other stablecoins. It's usually built on a blockchain and pegged to the Euro so that its value remains stable compared to the fast-moving prices of other cryptocurrencies. It works by maintaining a reserve of Euros, either in cash or equivalents, and issuing a corresponding amount of XEURO tokens. Users can then transfer these tokens, use them for trade, or hold them as a stable store of value.
The unique selling point of XEuro is its stable value, tightly pegged to the Euro. This makes XEURO more predictable than other cryptocurrencies, which can fluctuate widely in value. XEURO provides the benefits of a cryptocurrency, such as rapid, borderless transactions and digital security, without the typical volatility associated with the crypto markets.
Securing a stablecoin network like XEuro often involves encryption, smart contracts, and regular audits. The specific security measures that XEURO uses aren't detailed here, so it's recommended to consult their official documentation for in-depth information. Generally, stablecoins rely on the underlying blockchain's security features to protect against fraud and theft.
The circulating supply of XEuro is currently XEURO tokens out of a total supply of 19.2K. This supply is maintained to correspond with the amount of Euro backing the coin, ensuring that each XEURO is worth its pegged value.
Technology upgrades for a stablecoin like XEuro typically involve updates to its blockchain protocol or smart contracts. These upgrades can be initiated to improve security, enhance performance, or add new features. How these upgrades are administered will be up to the XEuro's governing body or development team.
XEuro can be purchased on several cryptocurrency exchanges. The specific list of CREX24 where XEURO is available can be found on the coin's official website or on various cryptocurrency market tracking platforms.
Keeping your XEuro safe involves good security practices. This includes storing your XEURO in a secure wallet, using strong, unique passwords, enabling two-factor authentication, and being cautious of phishing scams. For larger amounts, consider using hardware wallets for additional protection. Always make sure to do thorough research and use trusted wallet providers.
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