How to buy Proton Loan (LOAN) cryptocurrency
The Loan tokens is tough to purchase, due to a lack of cryptocurrency trading platforms which offer it. The three exchanges offer 3 pairs: LOAN/USDT, LOAN/BTC and LOAN/ETH. Full details see above.
Where to buy Proton Loan
Step 1You need an account with a cryptocurrency exchange that supports Loan. All of them provided on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
HitBTC | 0.1 / 0.25 | MEDIUM | Yes | $58932 |
|
LATOKEN | ?? / ?? | MEDIUM | Yes | $7186 |
|
MEXC Global | 0.2 / 0.2 | HIGH | Yes | $25892 |
Purchase or transfer with peer-to-peer trading one of this coins: ETH, USDT or BTC.
Step 3Open spot on cryptocurrency exchange and type the token name in search box. Select from available trading pairs, then set order and push Buy LOAN button.
Congratulations!
By pressing "buy" button, the Proton Loan will be available on your account on the cryptocurrency exchange. Please be advised that only transferring your coins off trading platform to offline wallet like Trezor T or Ledger Nano S, you can improve protection of your purchase. It's not just cut your risk if your trading platform gets hacked, but if you pick a “cold,” or offline, wallet, your Proton Loan coin becomes protected assets. Only con is, generally have to pay a small fee to move your crypto from the trading platform.
What is Proton Loan
"Proton Loan is a new decentralized lending market built on the Proton blockchain. Utilizing the cross-chain capabilities of Proton wrapped xTokens, Proton Loan makes it possible to deposit cryptocurrency into lending pools to earn interest, and to take collateralized loans from cryptocurrency pools. With support for BTC, ETH, USDC, DOGE, XPR and XMT, and with zero gas fees on the Proton blockchain, Proton Loan ensures DeFi lending remains accessible and affordable. Proton Loan opens up a new possibility for borrowing and lending against multiple blockchains that were not previously accessible on Ethereum or other blockchain protocols. By using a system of smart contracts powered by the Proton blockchain, users can request and fulfill loans using cryptocurrency without the need for a central mediator and without regard for the parent blockchain protocol of the requested asset. The LOAN token will be used to vote on governance decisions for the Proton Loan platform, such as which tokens can be collateralized on the protocol to borrow and lend, as well as the interest rate curves for borrowing. "
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Statistics and Externals
Term of hashing algorithms not applicable to Loan coin.
Price and supply
The current total supply is 73649596737.597, with a circulating supply of 0 LOAN as of Apr 2024. The maximum supply in the lifetime of the Proton Loan is 73649596737.
The price of Loan coin is $0.000092095774 as of 08:29 PM. The price increased on 0.7256% over the past 24 hours. The recent price action left the token's market capitalization at 0 USD. Over previous 30 days, the Proton Loan token was raised on 1.2%.
FAQ
What crypto exchange can I buy Proton Loan?
Loan cryptocurrency can be purchased from 3 trading platforms. Some of them: MEXC Global, HitBTC and LATOKEN.
Is Proton Loan cryptocurrency a good investment?
The Loan token has a high risks of price go down. Due to the high volatility of all Blockchain world you bear in mind: you can lose all of your invested funds, learn the risks before you start trading and any cryptocurrency has a possibility price to crash to zero. But on the other hand of that it's chance to become rich by investing in crypto.
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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.