Buy Circuits of Value (COVAL)
What is Circuits of Value?
Circuits of Value (COVAL) is a cryptocurrency that operates on the Ethereum platform. It aims to provide a decentralized platform for the creation of tokenized ecosystems and the consolidation of digital assets across various blockchain networks. COVAL's primary feature is the Emblem Vault, which allows for cross-chain asset consolidation into a single Ethereum-based non-fungible token (NFT).
How does Circuits of Value work?
Circuits of Value operates through its unique Emblem Vault. This platform enables users to consolidate and exchange digital assets from various blockchains, bringing them together into one Ethereum-based NFT. Users create these vaults using COVAL tokens, paying a fixed fee in COVAL along with necessary network gas fees. The Emblem Vault employs smart contracts to manage and transfer assets across different blockchains.
What are the potential use cases for Circuits of Value?
COVAL offers numerous use cases, primarily through its Emblem Vault, including:
- Digital art backed by value
- Tradable portfolios
- Liquidity pools
- Funds
- Gift cards and coupons
- Untraceable transfers
- Secure storage of digital files
These use cases span various industries such as DeFi, NFT marketplaces, gaming, and peer-to-peer lending.
What is the history of Circuits of Value?
Circuits of Value was initially launched as Ribbit Rewards (RBR) in 2014 and rebranded to COVAL in 2016. Key figures in its development include Shannon Code, who acquired Ribbit Rewards from Loyyal. It has undergone significant milestones and updates, such as migrating from Counterparty to Ethereum and the development of the Emblem Vault. COVAL was listed on Coinbase in December 2021, marking a significant increase in its market presence.
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Frequently Asked Questions (FAQs)
What is the current price of Circuits of Value (COVAL)?
The Circuits of Value price is $0.00321828 AUD, representing a -12.29% from the day prior.
Where is the best place to buy Circuits of Value (COVAL) in Australia?
The best place to buy Circuits of Value (COVAL) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Circuits of Value (COVAL) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Circuits of Value (COVAL)?
The trading volume of Circuits of Value (COVAL) is $27.4K AUD in the last 24hrs, representing a -12.29% from the day prior.
How can I buy Circuits of Value (COVAL)?
Circuits of Value (COVAL) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Circuits of Value (COVAL)?
The current market cap of Circuits of Value (COVAL) is $5.5M AUD.
Can I convert Circuits of Value (COVAL) to cash?
Yes - With Coinstash you can convert your Circuits of Value (COVAL) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Circuits of Value (COVAL) are there?
The current circulating supply of Circuits of Value (COVAL) is 1.8B.
Is Coinstash a safe place to buy Circuits of Value (COVAL) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Circuits of Value (COVAL) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.