$ 4.54 USD
$ 4.54 USD
$ 1.3027 billion USD
$ 1.3027b USD
$ 91.597 million USD
$ 91.597m USD
$ 850.229 million USD
$ 850.229m USD
335.562 million RUNE
Issue Time
2019-07-24
Platform pertained to
--
Current price
$4.54USD
Market Cap
$1.3027bUSD
Volume of Transaction
24h
$91.597mUSD
Circulating supply
335.562mRUNE
Volume of Transaction
7d
$850.229mUSD
Change
24h
+5.62%
Number of Markets
199
More
Warehouse
THORChain
Github's IP Address
[Copy]
Codebase Size
44
Last Updated Time
2019-07-02 03:24:27
Language Involved
--
Agreement
--
Current Rate0
0.00USD
3H
+7.14%
1D
+5.62%
1W
+7.24%
1M
+6.17%
1Y
+122.3%
All
+418.88%
THORChain (RUNE) is a decentralized protocol aiming to facilitate seamless cross-chain swaps between various blockchains. Unlike traditional exchanges that require users to wrap or convert assets, THORChain enables native token swaps directly between blockchains like Bitcoin and Ethereum. This eliminates reliance on centralized exchanges and potentially reduces fees and complexities. The RUNE token serves a dual purpose: acting as the native currency for transaction fees and being used for network security through staking. THORChain's focus on native cross-chain liquidity positions it as a potential solution for a fragmented DeFi landscape.
While THORChain facilitates cross-chain swaps, you'll likely need a separate cryptocurrency exchange to acquire RUNE tokens in the first place. These platforms allow you to buy and sell various digital currencies using fiat (government-issued money) or other crypto holdings. Popular options include Binance, Coinbase Pro, and Kraken. Research different exchanges to compare fees, security features,
THORChain doesn't have its own mobile app for buying crypto. However, many cryptocurrency exchanges offer user-friendly mobile apps that allow you to buy and sell cryptocurrencies, potentially including RUNE, directly from your phone. These apps function similarly to the exchange's web platform. Choose a reputable exchange with a secure mobile app for a safe and smooth experience when acquiring RUNE.
Here are some reasons THORChain's RUNE token might be interesting:
RUNE operates on its own blockchain and has a unique token address for identification. You can find the official address on various platforms like:
Currently, cryptocurrency ATMs cannot be used to directly acquire RUNE tokens. These ATMs typically deal with traditional government-issued currencies and lack the infrastructure to handle specific cryptocurrencies like RUNE. You'll need to use a cryptocurrency exchange to acquire RUNE.
You'll need a cryptocurrency wallet compatible with the THORChain blockchain to store and transfer your RUNE tokens. These wallets don't store the cryptocurrencies themselves but rather hold the private keys that grant access to your RUNE on the blockchain. Popular options include THORWallet, XDEFI Wallet, and Ledger (hardware wallet). Choose a wallet that prioritizes security to safeguard your valuable RUNE holdings.
Give me a brief description of THORChain's Cryptocurrency trading market charts based on your information, in a short paragraph, make it professional yet concise, polish the languagets.
Metric | Value |
Price (USD) | Current price of one RUNE token in US dollars. |
24-Hour Trading Volume (USD) | Total value of RUNE tokens traded in the past 24 hours, denominated in USD. |
Market Capitalization (USD) | Total market value of all circulating RUNE tokens, calculated by multiplying the current price by circulating supply. |
Circulating Supply | Number of RUNE tokens currently in circulation. |
Max Supply | Total number of RUNE tokens that will ever be created (Note: Not all tokens have a max supply). |
7-Day High | Highest price of RUNE in the past 7 days. |
7-Day Low | Lowest price of RUNE in the past 7 days. |
THORChain's RUNE token has a market capitalization, which reflects the total market value of all circulating RUNE tokens. It's calculated by multiplying the current price per RUNE token by the circulating supply. You can find this information on various cryptocurrency market data websites like CoinMarketCap or CoinGecko. Tracking market cap can help gauge the overall size and potential interest in the RUNE token within the cryptocurrency market.
There isn't any official confirmation regarding current THORChain (RUNE) airdrops. While some sources might mention past airdrop events, be cautious of unsolicited airdrop offers, as they could be scams. It's advisable to follow THORChain's official channels like their website or social media for announcements about potential future airdrops or token earning programs.
The tax treatment of your RUNE tokens depends on your location. Generally, most countries classify cryptocurrency like property for tax purposes. Holding RUNE likely wouldn't incur taxes, but selling, trading, or using them for DeFi activities on THORChain could trigger capital gains taxes. The tax rate depends on your jurisdiction and how long you held the RUNE tokens (short-term vs. long-term). It's always recommended to consult a tax professional for personalized guidance on your specific situation.
The security of your RUNE tokens depends on the storage method you choose:
THORChain itself doesn't have a dedicated login system like a traditional bank account. You'll interact with the platform through your cryptocurrency wallet that holds your RUNE tokens. When using THORChain services, your wallet will prompt you to authorize transactions using your private key.
THORChain isn't directly involved in buying or selling RUNE tokens. To acquire RUNE, you'll need to use a separate cryptocurrency exchange that supports RUNE trading. These platforms typically accept bank transfers, debit card deposits, or holdings of other established cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). Explore different exchange platforms to compare fees, supported payment methods, and user experience before acquiring RUNE.
Cryptocurrency Exchange: Sign up with a fiat-to-crypto exchange that allows fiat deposits (like bank transfers or debit cards).
Buy USD Coin (USDC) or Tether (USDT): These stablecoins are pegged to the US dollar, making them a good entry point for DeFi activities on THORChain.
Transfer to your Wallet: Send your USDC/USDT holdings from the exchange to your cryptocurrency wallet compatible with the THORChain blockchain.
While some exchanges allow credit card purchases of crypto, this is generally not recommended for DeFi. Credit card transactions often incur high fees and may violate your issuer's terms of service. Consider debit cards or bank transfers for lower fees and wider acceptance on cryptocurrency exchanges.
Cryptocurrency ATMs cannot be used to directly acquire tokens for DeFi purposes. These ATMs typically deal with traditional currencies and lack the infrastructure for specific DeFi tokens like THORChain's RUNE.
Buying crypto with loans or financing is highly discouraged for DeFi. The inherent volatility of cryptocurrency could result in significant losses, leaving you with debt and potentially worthless tokens. It's best to only invest in DeFi with funds you can afford to los
THORChain itself doesn't offer built-in features for receiving monthly token payments. However, possibilities within the DeFi ecosystem include:
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