Buy Thales
What is Thales?
Thales is an Ethereum protocol designed to enable the creation of peer-to-peer parimutuel markets. These are markets where participants bet against each other, with the final payout determined by the pool of funds. Thales serves as a foundational building block for various on-chain initiatives, including AMM-based positional markets and immersive gamified experiences.
How does Thales work?
Thales operates on the Ethereum blockchain, leveraging its smart contract functionality to create decentralized marketplaces. It uses the Proof of Stake (PoS) consensus mechanism, which is native to Ethereum. Thales smart contracts, written in Solidity, automate and manage the rules of the parimutuel markets, ensuring transparency and fairness.
What are the potential use cases for Thales?
Thales can be instrumental in Decentralized Finance (DeFi), allowing creation and management of parimutuel markets. It is also used in gaming, providing the framework for immersive, gamified experiences. Moreover, Thales facilitates decentralized marketplaces and blockchain-based betting platforms, enhancing security and transparency for users in these sectors.
What is the history of Thales?
Thales is a cryptocurrency project based on the Ethereum protocol, enabling peer-to-peer market creation. While specific details about the founding team are scarce, Thales has established itself within the Ethereum ecosystem, supporting various platforms like Polygon and Optimism. It has undergone significant developments, such as contract migration, and has experienced a range of market fluctuations.
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Frequently Asked Questions (FAQs)
What is the current price of Thales (THALES)?
The Thales price is $0.31013535 AUD, representing a -3.42% from the day prior.
Where is the best place to buy Thales (THALES) in Australia?
The best place to buy Thales (THALES) 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 Thales (THALES) 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 Thales (THALES)?
The trading volume of Thales (THALES) is $95.0K AUD in the last 24hrs, representing a -3.42% from the day prior.
How can I buy Thales (THALES)?
Thales (THALES) 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 Thales (THALES)?
The current market cap of Thales (THALES) is $17.9M AUD.
Can I convert Thales (THALES) to cash?
Yes - With Coinstash you can convert your Thales (THALES) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Thales (THALES) are there?
The current circulating supply of Thales (THALES) is 59.1M.
Is Coinstash a safe place to buy Thales (THALES) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Thales (THALES) 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.