How to buy Indigo Protocol iETH coin
The Indigo Protocol iETH cryptocurrency is incredibly difficult to get, because of the lack of crypto exchanges which list it. The 2 trading platforms propose 1 pair. All the details about is located below.
Where to buy Indigo Protocol iETH
Step 1You need an account with a cryptocurrency exchange that supports Indigo Protocol iETH crypto. All of them provided on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
WingRiders | ?? / ?? | LOW | No | $11 |
|
Minswap | ?? / ?? | LOW | No | $41 |
Transfer or buy with peer-to-peer trading this coin: ADA.
Step 3Open spot market on exchange and type the token name in search line. Choose between available trading pairs, then set order and push Buy IETH button.
Congratulations!
After pressing "buy" button, the Indigo Protocol iETH will be transferred to your account on the trading platform. You need to know that only moving your coins off trading platform into offline hardware wallet, you help better protect your purchase. It's not just reduce your risk if your trading platform gets hacked, but if you transfer cold crypto wallet, your Indigo Protocol iETH cryptocurrency turn into virtually unhackable. The only con usually have to pay a small withdrawal fee to transfer your tokens from the trading platform.
What is Indigo Protocol iETH
iETH is synthetic Ether and was the first new iAsset whitelisted by the Indigo DAO for the Indigo Protocol. The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem. Users can purchase iETH from a DEX just like any Cardano native asset, or can mint iETH within the Indigo Protocol by depositing ADA as collateral. When users mint iETH within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user's ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iETH position above the MCR. If a user’s collateral becomes worth less than the MCR of their iETH debt, the Indigo Stability Pool providers will allow the user to keep their iETH but will exchange Stability Pool iETH for the user’s higher value ADA collateral
Video Review
Indigo Protocol Tutorial and Some Use Cases for iUSD
Statistics and Externals
Term of hashing algorithms doesn't apply in case of Indigo Protocol iETH blockchain.
Price and supply
The current total supply is 0, with a circulating supply of 0 IETH as of Apr 2024. The total number of coins that can ever be minted infinite.
The Indigo Protocol iETH crypto price is $0.013579 as of 08:13 PM. The price was raised on 0.9113% over the past 24 hours. The recent price action left the token's market capitalization at 0 united states dollars. So far past 30 days, the Indigo Protocol iETH crypto went up on 0.94%.
FAQ
What cryptocurrency exchange can I buy Indigo Protocol iETH token?
Ieth crypto can be bought from 2 trading platforms. The list includes: WingRiders and Minswap.
Is Ieth coin a good investment?
The Indigo Protocol iETH cryptocurrency has a big risks of value go down. Due to the high volatility of all Blockchain based assets you must understand: unexpected changes in market can lead to sharp and sudden moves in price, you can lose all of your invested funds and any cryptocurrency has a possibility price to crash to zero. The opposite side of that investing in crypto assets is possible extremely profitable.
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About the author
Davy Jones has been involved in the crypto industry since 2017 as a miner. Since then, he has become an avid investor, writer, and speaker in the field. Jones has been writing professionally since 2008, covering a wide range of topics in various industries.