Buy Nsure Network (NSURE)
What is Nsure Network?
Nsure Network is an open insurance platform designed for Open Finance. It draws inspiration from Lloyd's London, functioning as a marketplace where insurance risks can be traded.
How does Nsure Network work?
Nsure Network operates on the Ethereum blockchain, using smart contracts to manage insurance processes. The platform employs a dynamic pricing model based on supply and demand to set insurance premiums, and it incorporates capital mining to secure the necessary capital for risk backing. Additionally, it uses a 3-phase crowd voting mechanism to handle claims and ensure that decisions are made transparently.
What are the potential use cases for Nsure Network?
Nsure Network can be used as a decentralized insurance marketplace allowing peer-to-peer insurance transactions, which enhances transparency and reduces costs by removing intermediaries. Smart contracts automate claim processing and payout mechanisms, ensuring efficient and secure transactions.
What is the history of Nsure Network?
Nsure Network was founded by a team including Jeff Ren, Alex Peng, and other experienced professionals from the insurance and finance sectors. The platform is inspired by the marketplace model of Lloyd's London and aims to decentralize the insurance industry. Nsure Network has a native token, NSURE, and has formed partnerships with various capital partners to enhance its market presence and credibility.
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Frequently Asked Questions (FAQs)
What is the current price of Nsure Network (NSURE)?
The Nsure Network price is $0.00406745 AUD, representing a +0.74% from the day prior.
Where is the best place to buy Nsure Network (NSURE) in Australia?
The best place to buy Nsure Network (NSURE) 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 Nsure Network (NSURE) 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 Nsure Network (NSURE)?
The trading volume of Nsure Network (NSURE) is $111.4K AUD in the last 24hrs, representing a +0.74% from the day prior.
How can I buy Nsure Network (NSURE)?
Nsure Network (NSURE) 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 Nsure Network (NSURE)?
The current market cap of Nsure Network (NSURE) is $78.4K AUD.
Can I convert Nsure Network (NSURE) to cash?
Yes - With Coinstash you can convert your Nsure Network (NSURE) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Nsure Network (NSURE) are there?
The current circulating supply of Nsure Network (NSURE) is 23.7M.
Is Coinstash a safe place to buy Nsure Network (NSURE) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Nsure Network (NSURE) 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.