Buy QuiverX (QRX)
What is QuiverX?
QuiverX is a utility token used within the QuiverX Capital platform that focuses on the tokenization of non-crypto-related small and medium-sized businesses. It is designed to facilitate decentralized crowdfunding and operates as a bridge between the digital and physical worlds.
How does QuiverX work?
QuiverX operates on the Ethereum blockchain, employing blockchain technology to enable the tokenization of assets. The platform uses smart contracts to manage decentralized crowdfunding efforts. Following Ethereum's transition to Proof of Stake (PoS) with the Merge, QuiverX also utilizes Ethereum's PoS consensus mechanism to secure its operations.
What are the potential use cases for QuiverX?
QuiverX serves as a peer-to-peer decentralized crowdfunding platform with applications in various industries where tokenization offers benefits. These industries include real estate, precious metals, art, renewable energy, and data monetization. By leveraging blockchain technology, QuiverX aims to revolutionize how crowdfunding and asset tokenization are implemented, offering new funding avenues for small and medium-sized businesses.
What is the history of QuiverX?
QuiverX (QRX) is a cryptocurrency token launched to support the QuiverX Capital platform, a decentralised crowdfunding initiative aimed at helping small to medium-sized enterprises (SMEs) raise capital through tokenized equity. The platform utilised blockchain technology for transparent bookkeeping and partnered with Chainlink to integrate proof-of-reserve solutions, offering on-chain updates of off-chain earnings. Despite its innovative approach and initial success, with an all-time high of $0.1542 in March 2021, QuiverX has since become inactive, marked as 'Untracked' as of December 2024 due to insufficient market data and trading activity. Its decline suggests challenges in maintaining adoption and operations.
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Frequently Asked Questions (FAQs)
What is the current price of QuiverX (QRX)?
The QuiverX price is $0.01048677 AUD, representing a -3.38% from the day prior.
Where is the best place to buy QuiverX (QRX) in Australia?
The best place to buy QuiverX (QRX) 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 QuiverX (QRX) 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 QuiverX (QRX)?
The trading volume of QuiverX (QRX) is $458 AUD in the last 24hrs, representing a -3.38% from the day prior.
How can I buy QuiverX (QRX)?
QuiverX (QRX) 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 QuiverX (QRX)?
The current market cap of QuiverX (QRX) is $955.7K AUD.
Can I convert QuiverX (QRX) to cash?
Yes - With Coinstash you can convert your QuiverX (QRX) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many QuiverX (QRX) are there?
The current circulating supply of QuiverX (QRX) is 91.1M.
Is Coinstash a safe place to buy QuiverX (QRX) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling QuiverX (QRX) 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.