What is the current price of Linear (LINA)?

The current price of Linear (LINA) is 0.000388057166676 AUD, representing a -9.36 from the day prior.

Can I buy Linear (LINA) on Coinstash?

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

Where is the best place to buy Linear (LINA) in Australia?

The best place to buy Linear (LINA) 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 Linear (LINA) 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 Linear (LINA)?

The trading volume of Linear (LINA) is 779.0K AUD in the last 24hrs, representing a -9.36 from the day prior.

How can I buy Linear (LINA)?

Linear (LINA) 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 Linear (LINA)?

The current market cap of Linear (LINA) is 3.9M AUD.

Can I convert Linear (LINA) to cash?

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

How many Linear (LINA) are there?

The current circulating supply of Linear (LINA) is 10.0B.

Is Coinstash a safe place to buy Linear (LINA) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Linear (LINA) 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 Linear (LINA)

What is Linear?

Linear is a decentralised delta-one asset protocol designed for creating synthetic assets with unlimited liquidity. It enables the creation and trading of synthetic assets known as "Liquids," which can represent a range of traditional assets such as commodities, forex, and indices. This protocol is cross-chain compatible and non-custodial and uses LINA tokens for governance and as base collateral for asset creation.

How does Linear work?

Linear operates on the Ethereum network, leveraging a decentralised delta-one asset protocol to create synthetic assets. It employs a collateralisation mechanism where 80% of the collateral must be LINA tokens and the other 20% can comprise other cryptocurrencies. The main components include Linear Buildr for managing collateral pools and Linear Exchange for trading synthetic assets. LINA tokens are used for staking and to generate Linear USD (ℓUSD), which can be further used within the platform for trading and yield generation. Governance is managed through the LinearDAO, allowing LINA holders voting rights on platform proposals.

What are the potential use cases for Linear?

Linear facilitates the trading of synthetic assets allowing users access to various traditional assets without direct ownership. It is versatile, supporting cross-chain transactions and compatibility, enabling seamless trading across different blockchain networks. Users can participate in governance using their LINA holdings, engage in yield-generating activities through staking, and utilize linear services for creating and managing asset pools. The platform finds use in decentralised finance (DeFi), investment management, and financial services sectors.

What is the history of Linear?

Founded in 2020 by Kevin Tai and Drey Ng, Linear Finance started with a vision to decentralise asset trading. Kevin Tai's expertise in mergers and acquisitions and Dre Ng's background in tokenisation paved the way for Linear's establishment. The project was backed by a $1.8 million seed funding round and a public initial coin offering (ICO) which raised $310,000 in September 2020. Key developments include the launch of the Linear Exchange in January 2021 and the enhancement of its cross-chain compatibility, expanding the protocol's functional reach across multiple blockchain networks. The LinearDAO ensures that its governance model is inclusive, enabling community-driven decision-making in protocol developments.