Buy InsurAce (INSUR)
What is InsurAce?
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.
How does InsurAce work?
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.
What are the potential use cases for InsurAce?
- DeFi Insurance: Provides coverage against losses from DeFi-related incidents, including hacking and compromised smart contracts.
- Cryptocurrency Protection: Offers protection for cryptocurrency investments against unique risks such as exchange vulnerabilities and wallet breaches.
- Partnership with DeFi Protocols: Works with various DeFi applications to offer hedging options and insurance services.
- Cross-Platform Collaborations: Engages with multiple blockchain environments to extend its insurance offerings.
What is the history of InsurAce?
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.
Coin Contract Addresses
Related Assets
Resources
Learn More About InsurAce
Frequently Asked Questions (FAQs)
What is the current price of InsurAce (INSUR)?
The InsurAce price is $0.01938817 AUD, representing a -15.41% from the day prior.
Where is the best place to buy InsurAce (INSUR) in Australia?
The best place to buy InsurAce (INSUR) 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 InsurAce (INSUR) 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 InsurAce (INSUR)?
The trading volume of InsurAce (INSUR) is $172.7K AUD in the last 24hrs, representing a -15.41% from the day prior.
How can I buy InsurAce (INSUR)?
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.
What is the market cap of InsurAce (INSUR)?
The current market cap of InsurAce (INSUR) is $1.4M AUD.
Can I convert InsurAce (INSUR) to cash?
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.
How many InsurAce (INSUR) are there?
The current circulating supply of InsurAce (INSUR) is 69.9M.
Is Coinstash a safe place to buy InsurAce (INSUR) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling InsurAce (INSUR) 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.