Buy IDLE
What is IDLE?
IDLE is a decentralised finance (DeFi) project that allows crypto investors to manage their risk appetite by automatically distributing their funds among a range of DeFi protocols to earn interest. It operates with the simple principle that money should always be actively managed and not left idle.
How does IDLE work?
IDLE works by enabling users to deposit funds, which are then automatically distributed across various DeFi protocols to earn interest. Through smart contracts on the Ethereum and Polygon blockchains, IDLE consistently optimises and rebalances portfolios when better opportunities arise, ensuring maximum returns while minimising risk.
What are the potential use cases for IDLE?
The potential use cases for IDLE include:
- DeFi Yield Aggregation: Maximising returns by distributing funds across multiple DeFi protocols.
- Yield Farming and Asset Management: Providing tools for yield optimisation and risk management.
- Decentralised Autonomous Organisation (DAO) Governance: Allowing community participation and decision-making through token voting.
- Integration with DeFi Protocols: For lending, borrowing, and other financial services within the DeFi ecosystem.
What is the history of IDLE?
IDLE was launched in August 2019 with the aim of creating a platform for effective risk management and interest generation through automated fund allocation in DeFi protocols. The platform has undergone several updates since its inception, including the release of IDLE Finance V3, which enhanced user experience and interface.
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Frequently Asked Questions (FAQs)
What is the current price of IDLE (IDLE)?
The IDLE price is $0.89650882 AUD, representing a -0.47% from the day prior.
Where is the best place to buy IDLE (IDLE) in Australia?
The best place to buy IDLE (IDLE) 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 IDLE (IDLE) 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 IDLE (IDLE)?
The trading volume of IDLE (IDLE) is $4.3K AUD in the last 24hrs, representing a -0.47% from the day prior.
How can I buy IDLE (IDLE)?
IDLE (IDLE) 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 IDLE (IDLE)?
The current market cap of IDLE (IDLE) is $7.4M AUD.
Can I convert IDLE (IDLE) to cash?
Yes - With Coinstash you can convert your IDLE (IDLE) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many IDLE (IDLE) are there?
The current circulating supply of IDLE (IDLE) is 8.6M.
Is Coinstash a safe place to buy IDLE (IDLE) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling IDLE (IDLE) 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.