Oxen Price (OXEN)
$0.305772
2.55%
Oxen Price Chart (OXEN/USD)
Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 | TradeOgre | OXEN / BTC | $0.31577500 | 1.74% | $5,953 | |
2 | CoinEx | OXEN / BTC | $0.16816000 | 1.78% | $3,635 | |
3 | CoinEx | OXEN / USDT | $0.09850500 | 0.47% | $2,644 | |
4 | Bittrex | OXEN / BTC | $0.08757600 | 2.66% | $42 | |
5 | Bittrex | OXEN / USDT | $0.09353400 | 6.97% | $379 |
OXEN Price Statistics
- Oxen Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $52,515
- Market Cap Rank #640
- Market Cap $18,010,647
- Volume / Market Cap 0.0029
-
All-Time High
$2 -87.04%
Apr 22, 2021 -
All-Time Low
$0 185.69%
Jun 19, 2019
Oxen: The Future of Cryptocurrency
Introduction
Cryptocurrency has revolutionized the world of finance, and its impact continues to grow each day. One such cryptocurrency that has gained significant traction is Oxen. In this article, we will explore the features and advantages of this exciting digital currency.
What is Oxen?
Oxen is a privacy-focused cryptocurrency that aims to provide secure, private, and untraceable transactions for its users. It is built on the powerful technology of blockchain, the decentralized ledger system that underpins most cryptocurrencies.
Key Features of Oxen
1. Privacy: Oxen employs advanced cryptographic techniques to ensure that transactions remain private and untraceable. This privacy feature sets it apart from other cryptocurrencies that may reveal transaction details to prying eyes.
2. Security: Oxen utilizes a combination of encryption and decentralization to safeguard its network from potential attacks. This makes it highly secure and resistant to hacking attempts.
3. Decentralization: Similar to other cryptocurrencies, Oxen operates on a decentralized network, meaning it is not controlled by any central authority. This decentralization ensures that no single entity has control over transactions or user information.
4. Masternodes: Oxen employs a masternode network, which is a second layer of nodes that provide additional services to the network. Masternodes enhance the speed and functionality of transactions while also helping maintain network integrity.
5. Programmable Smart Contracts: Oxen is equipped with smart contract functionality, allowing users to create and execute self-executing contracts without the need for intermediaries.
Advantages of Using Oxen
1. Anonymity: Oxen prioritizes user privacy, ensuring that transactions cannot be traced back to individuals. This makes it an ideal choice for those who value anonymity and confidentiality.
2. Security: Oxen's encryption and decentralization make it highly secure, eliminating concerns of potential data breaches or hacks.
3. Speed and Efficiency: The integration of masternodes in Oxen's network enhances transaction speed and makes the overall system highly efficient.
4. Smart Contracts: The ability to create and execute smart contracts opens up a plethora of possibilities, making Oxen a versatile cryptocurrency for various applications.
5. Global Accessibility: Oxen is a borderless cryptocurrency that can be accessed by anyone with an internet connection, facilitating seamless global transactions.
Conclusion
Oxen is a promising cryptocurrency that offers a high level of privacy, security, and speed. With its unique features and advantages, Oxen has the potential to change the way we conduct financial transactions. As the world becomes increasingly digital, cryptocurrencies like Oxen will likely play a vital role in shaping the future of finance.