What is the current price of Covalent X Token (CXT)?

The current price of Covalent X Token (CXT) is 0.04593791804398688 AUD, representing a -13.63 from the day prior.

Can I buy Covalent X Token (CXT) on Coinstash?

Yes - you can easily buy and sell Covalent X Token (CXT) on Coinstash. Simply login or sign up, to start buying Covalent X Token (CXT) in minutes.

Where is the best place to buy Covalent X Token (CXT) in Australia?

The best place to buy Covalent X Token (CXT) 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 Covalent X Token (CXT) 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 Covalent X Token (CXT)?

The trading volume of Covalent X Token (CXT) is 4.1M AUD in the last 24hrs, representing a -13.63 from the day prior.

How can I buy Covalent X Token (CXT)?

Covalent X Token (CXT) 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 Covalent X Token (CXT)?

The current market cap of Covalent X Token (CXT) is 42.7M AUD.

Can I convert Covalent X Token (CXT) to cash?

Yes - With Coinstash you can convert your Covalent X Token (CXT) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Covalent X Token (CXT) are there?

The current circulating supply of Covalent X Token (CXT) is 908.0M.

Is Coinstash a safe place to buy Covalent X Token (CXT) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Covalent X Token (CXT) 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 here.

Buy Covalent X Token (CXT)

What is Covalent X Token?

Covalent X Token (CXT) is the native crypto asset of the Covalent Network, which acts as a decentralized data infrastructure offering access to blockchain data. The token is integral to the network's operations, facilitating governance, staking, and network access functionalities.

How does Covalent X Token work?

Covalent X Token operates within the Covalent Network, leveraging a decentralized structure to aggregate, process, and standardise blockchain data. With a consensus mechanism based on Proof of Stake (PoS), the network uses novel storage methods to maintain data integrity efficiently. Smart contract functionalities, secured through extensive audits, enable governance participation and staking activities, further securing the network.

What are the potential use cases for Covalent X Token?

CXT is used primarily to access Covalent's comprehensive data services, including executing data queries and making API calls. It also serves governance purposes, allowing holders to vote on critical system proposals. Beyond its use for staking, CXT incentivises contributions across the Covalent ecosystem and supports innovative decentralised applications, research initiatives like those with the University of Calgary, and more.

What is the history of Covalent X Token?

Covalent X Token was co-founded by Ganesh Swami and Levi Aul, driven by their expertise in technology and blockchain. Since its inception, the token has undergone significant milestones, including expanding globally and migrating from CQT to CXT to enhance its roles in AI and data availability. Originally a data query provider, Covalent now aims to support long-term blockchain data integrity and availability, reflecting its evolving focus and market expansion endeavours.