Itheum Price (ITHEUM)
$0.051998
5.38%
Itheum Price Chart (ITHEUM/USD)
Last updated 21 Mar 2023, 19:08PM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 | MEXC Global | ITHEUM / USDT | $0.04539067 | 1.09% | $7,493 |
ITHEUM Price Statistics
- Itheum Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $11,007
- Market Cap Rank #441
- Market Cap $51,998,360
- Volume / Market Cap 0.0002
-
All-Time High
$1 -93.35%
Apr 30, 2022 -
All-Time Low
$0 20.22%
Jan 02, 2023
Itheum Cryptocurrency: A Simplified Overview
Introduction
The world of cryptocurrencies has been rapidly expanding, with numerous tokens and coins entering the market. One such digital currency gaining attention is Itheum. In this article, we will provide a simplified overview of Itheum and its features.
What is Itheum?
Itheum is a decentralized cryptocurrency that operates on a peer-to-peer network. Similar to popular digital currencies like Bitcoin, it utilizes blockchain technology to enable secure and anonymous transactions.
Key Features
Here are some key features of Itheum:
1. Privacy and Security
Itheum ensures privacy and security by employing advanced cryptographic techniques. Transactions made using Itheum are recorded on the blockchain, which is an immutable and transparent ledger. However, the identity of the transacting parties remains anonymous.
2. Fast and Efficient
When it comes to transaction speed, Itheum outperforms traditional banking channels. The decentralized nature of the Itheum network eliminates the need for intermediaries, enabling peer-to-peer transactions that are both quick and efficient.
3. Scalability
Itheum has been built with scalability in mind. To accommodate a growing user base and increasing transaction volume, the Itheum network is designed to seamlessly scale while maintaining its performance and stability.
4. Accessibility
Itheum aims to be accessible to a global audience. Anyone with an internet connection can participate in the Itheum network, regardless of their location or financial background. This inclusivity promotes financial empowerment and inclusiveness.
Uses of Itheum
As a cryptocurrency, Itheum serves various purposes:
1. Medium of Exchange
Itheum can be used as a medium of exchange for purchasing goods and services from merchants and individuals who accept this digital currency. Its fast transaction times and borderless nature make it ideal for international transactions.
2. Investment Opportunity
Similar to other cryptocurrencies, Itheum can also be seen as an investment opportunity. Many people buy and hold Itheum, hoping its value will appreciate over time. Nevertheless, it is essential to conduct thorough research and exercise caution before investing.
3. Crowdfunding and ICOs
Itheum has also found applications in the realm of crowdfunding. Startups and projects can fundraise in the form of Initial Coin Offerings (ICOs) through the issuance of Itheum tokens, providing a decentralized alternative to traditional fundraising methods.
Conclusion
Itheum cryptocurrency offers privacy, security, speed, and accessibility to users worldwide. As with any investment, it's essential to conduct adequate research and exercise caution while dealing with digital currencies. Nevertheless, Itheum presents exciting possibilities within the evolving landscape of cryptocurrencies.