Coins: 10053 Exchanges: 889 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Centric Swap price

Centric Swap Price (CNS)

$0.00002714

0.78%
Rank #2293

Centric Swap Price Chart (CNS/USD)

Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 AscendEX (BitMax) CNS / USDT $0.00000249 1.63% $184,758
2 MEXC Global CNS / USDT $0.00001472 1.42% $131,998
3 Hotbit CNS / USDT $0.00000973 7.76% $1,327
4 CoinTiger CNS / USDT $0.00003001 18.18% $30
5 ProBit Global CNS / BTC $0.00000398 28.25% $182
6 HitBTC CNS / USDT $0.00001727 15.87% $0
7 HitBTC CNS / BTC $0.00001704 10.42% $0
8 ProBit Global CNS / USDT $0.00000223 20.28% $3,593
9 Changelly PRO CNS / USDT $0.00001231 22.38% $27
10 BitGlobal CNS / USDT $0.00000550 40.24% $15
11 Changelly PRO CNS / BTC $0.00001392 17.86% $8

CNS Price Statistics

$0
24H Range
$0
  • Centric Swap Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $1,383,586
  • Market Cap Rank #2286
  • Market Cap $514,652
  • Volume / Market Cap 2.6884
  • All-Time High $0 -99.86%
    Aug 03, 2020
  • All-Time Low $0 26.32%
    Jun 10, 2022


Centric Swap: Revolutionizing the Cryptocurrency Space


Introduction


Centric Swap is an emerging cryptocurrency that aims to change the way we perceive and use digital currencies. With its innovative approach and unique features, Centric Swap is poised to revolutionize the cryptocurrency space. In this article, we will explore what makes Centric Swap stand out and why it is gaining attention in the crypto community.

The Basics of Centric Swap


Centric Swap operates on a decentralized network, which means that it is not controlled by any central authority. This ensures transparency, security, and immutability of transactions. The underlying technology that powers Centric Swap is blockchain, a distributed ledger that records all transactions securely.
Unlike other cryptocurrencies, Centric Swap is designed to mitigate the volatility typically associated with digital currencies. It achieves this through its unique dual-token system – Centric Rise (CNR) and Centric Cash (CNS).

The Dual-Token System


Centric Rise (CNR) is a deflationary token that increases in value over time. Its supply decreases as more people buy and hold it, creating scarcity. This scarcity leads to an increase in the token's value, making it an attractive investment option.
On the other hand, Centric Cash (CNS) serves as a medium of exchange within the Centric ecosystem. Unlike Centric Rise, Centric Cash is inflationary, with its supply increasing over time. This steady inflation incentivizes spending and promotes liquidity within the Centric network.

The Market-Driven Pricing Mechanism


Centric Swap utilizes a unique pricing mechanism that dynamically adjusts the exchange rate between CNR and CNS based on market demand. As the demand for CNS increases, the algorithm adjusts the rate to encourage users to buy CNR, thus reducing the supply and driving up its value. Conversely, when demand for CNS decreases, the algorithm adjusts the rate to encourage users to spend CNS, increasing supply and maintaining stability.

The Benefits of Centric Swap


- Stability: The dual-token system and market-driven pricing mechanism make Centric Swap one of the most stable cryptocurrencies available. It mitigates the volatility usually associated with digital currencies.- Ecosystem Incentives: Centric Swap encourages user participation through its unique tokenomics, which reward users with additional CNR for holding Centric Cash. This provides a powerful incentive for users to become active participants in the Centric ecosystem.- Accessibility: Centric Swap is designed to be user-friendly, making it accessible to both novice and experienced cryptocurrency enthusiasts. Its intuitive interface and straightforward processes ensure a seamless user experience.- Peer-to-Peer Transactions: By leveraging the power of blockchain, Centric Swap enables secure and efficient peer-to-peer transactions. Removing the need for intermediaries ensures faster settlement, lower fees, and increased privacy.

Conclusion


Centric Swap is well-positioned to disrupt the cryptocurrency space with its unique approach to stability and value retention. Through its innovative dual-token system and market-driven pricing mechanism, Centric Swap offers a user-friendly, accessible, and stable cryptocurrency experience. As more users discover its benefits, Centric Swap is set to become a major player in the digital currency realm.