Crypto Exchanges PDAX, GCrypto List $CELO
Philippine Digital Asset Exchange (PDAX) and GCrypto have added $CELO, the native token of the Celo blockchain, to their platforms.
- Note: GCrypto is the crypto trading feature of GCash, powered by PDAX. The synchronization ensures that both platforms now offer $CELO.
What’s the significance: This addition expands the range of tokens available to Filipino investors, aligning local exchanges with the offerings of international platforms.
Celo Blockchain Overview:
- Initially a layer one blockchain, EVM-compatible, using proof-of-stake, it transitioned to a layer two protocol using Optimismโs OP Stack.
- Key features:
- Maps phone numbers to wallet addresses.
- Facilitates mobile payments globally.
- Supports Ethereum compatibility.
Here are some key projects in the Celo ecosystem:
- Mento: Stablecoin protocol issuing cUSD, cEUR, and cREAL.
- Moola: Lending protocol for Celoโs stablecoins.
- StakedCelo: Liquid staking service for $CELO.
- impactMarket: A significant DeFi platform within the ecosystem.
$CELO by the Numbers (as of August 13, 2024):
- Market Cap: โฑ14.6 billion
- Total Value Locked: โฑ4.1 billion
- Circulating Supply: 545 million out of 1 billion total supply
- Price Range: โฑ23.59 to โฑ27.99 (last seven days)
This article is published on BitPinas: Crypto Exchanges PDAX, GCrypto List $CELO
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