Where to buy Alternity CNY (LCNY) crypto coin
The Lcny crypto is tough to purchase, due to a lack of cryptocurrency exchanges which list it. The 1 trading platform offer 2 pairs. More information, including instructions, price prediction and last project news is listed above.
Where to buy Alternity CNY
Step 1You need an account with a cryptocurrency exchange that supports Alternity CNY coin. All of them listed on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Balancer (v2) | ?? / ?? | MEDIUM | No | $777 |
Buy or transfer with P2P one of this coins: 0X7635... or 0XC02A....
Step 3Switch to spot market on your crypto exchange and type the token name in search box. Choose between available trading pairs, then set order and push Buy LCNY button.
Congratulations!
After clicking "buy" button, the Lcny cryptocurrency will be transferred to your account on the crypto exchange. You need to know that only transferring your coins off trading platform into secure crypto wallet, you can improve protection of your finances. This isn't just lower your risk if your cryptocurrency exchange or account gets hacked, but if you move to cold crypto wallet, your Lcny token turn into virtually unbreakable. The only downside generally have to pay a small withdrawal fee to move your crypto off of the cryptocurrency exchange.
What is Alternity CNY
What is the project about? Alternity is a decentralized protocol built on the Ethereum blockchain, inspired by the design of the Liquity Protocol. The protocol provide users with a stablecoin that is pegged to the Chinese Yuan, achieved by utilizing Ether as the required collateral. Loans are paid out in LCNY (a CNY pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. Alternity aims to cater to users who value diversification and seek alternatives to USD-pegged stablecoins. As a protocol, Alternity is non-custodial, immutable, and governance-free. What makes your project unique? LCNY is the first immutable and decentralized CNY pegged stable on the Ethereum blockchain. History of your project. The primary motivation behind the Alternity Protocol is to address the growing demand for a stable, decentralized, and Yuan-pegged financial instrument in the DeFi ecosystem. As the global economy continues to evolve, the need for diverse stablecoin options that cater to various markets becomes more evident. Recognizing China's growing influence and the rising importance of the Yuan, Alternity offers an alternative solution with a Yuan-pegged stablecoin, providing diversification, risk management, and a more robust DeFi ecosystem. What can your token be used for? This solution allows users to diversify their stablecoin portfolio or have debt denominated in CNY.
Video Review
Nouvelle générations de stablecoins décentralisés : les forks de Reflexer et Liquity
Statistics and Externals
Term of hashing algorithms not applicable to Alternity CNY coin.
Price and supply
The current total supply is 667170, with a circulating supply of 0 LCNY as of Mar 2024. This coin does not have a fixed max supply.
The Alternity CNY crypto price is $0.159284 as of 07:13 AM. The price increased on 5.1584% over the past 24 hours. The recent price action left the token's market capitalization at 0 USD. In recent 30 days, the Alternity CNY token has a change of 0%.
FAQ
What crypto exchange can I buy Alternity CNY?
Alternity CNY token can be bought from 1 trading platform. The list includes: Balancer V2.
Is Lcny token a good investment?
The Alternity CNY coin is very risky asset that can lost value. Due to the high volatility of all cryptocurrency market you bear in mind: any cryptocurrency has a possibility price to crash to zero, you can lose all of your invested funds and unexpected changes in market can lead to sharp and sudden moves in price. The opposite side of that it's possible to get rich by investing in crypto.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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