InsurAce is a decentralised insurance platform designed to offer coverage for various risks inherent in the cryptocurrency market. This includes protection against theft, hacking, disruptions in smart contracts, and other unforeseen incidents. The platform aims to provide bespoke insurance solutions tailored to the specific risks associated with managing cryptocurrency assets.
InsurAce operates on a decentralised model, leveraging blockchain technology and smart contracts. This approach allows it to automate insurance processes, enhance transparency, and reduce the likelihood of fraud. Smart contracts within the platform facilitate automated claims processing and payouts, based on predefined terms, without the need for intermediary oversight.
While specific historical details of InsurAce are not provided here, it can be conjectured that InsurAce was founded by individuals with expertise in blockchain and insurance. The platform was developed to address growing demands for risk mitigation in the crypto and DeFi sectors. Since its inception, InsurAce has likely expanded its reach by forming partnerships with numerous DeFi protocols and blockchain platforms, continuously updating its technology to enhance service coverage and market presence.
The InsurAce price is $0.03357432 AUD, representing a -8.52% from the day prior.
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The trading volume of InsurAce (INSUR) is $173.3K AUD in the last 24hrs, representing a -8.52% from the day prior.
InsurAce (INSUR) 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.
The current market cap of InsurAce (INSUR) is $2.2M AUD.
Yes - With Coinstash you can convert your InsurAce (INSUR) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of InsurAce (INSUR) is 69.9M.
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