$ 0.0160 USD
$ 0.0160 USD
$ 1.017 million USD
$ 1.017m USD
$ 970.15 USD
$ 970.15 USD
$ 54,637 USD
$ 54,637 USD
62.047 million VEGA
Issue Time
2021-01-01
Platform pertained to
--
Current coin price
$0.0160USD
Market Cap
$1.017mUSD
Volume of Transaction
24h
$970.15USD
Circulating supply
62.047mVEGA
Volume of Transaction
7d
$54,637USD
Change
24h
0.00%
Number of Markets
43
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
-13.68%
1Y
-98.31%
All
-99.98%
Short name | VEGA |
Full name | Vega Protocol |
Support exchanges | Gate.io, MEXC Global, Bitget |
Storage Wallet | MetaMask, Trust Wallet, imToken, Ledger Nano S, Trezor Model One |
Customers Service | https://www.youtube.com/watch?v=_ZnIlXi6mLg |
Vega Protocol is a decentralized derivatives exchange that aims to bring institutional-grade derivatives to the blockchain. It utilizes a unique order book architecture and a proprietary consensus mechanism to enable fast, scalable, and secure derivatives trading.
Vega Protocol offers several potential advantages in the derivatives trading space. Its high-performance architecture and gas-free transactions promise enhanced trading efficiency and reduced costs. The platform's decentralized nature increases accessibility for global traders, while its customizable design supports innovation in derivative products. However, Vega Protocol also faces significant challenges. As a developing technology, it carries inherent technological risks. The platform may encounter regulatory hurdles due to the strict oversight of derivatives trading. Additionally, Vega Protocol must navigate a competitive landscape, differentiating itself from established and emerging trading platforms. Investors and users should carefully weigh these potential benefits and risks when considering engagement with Vega Protocol.
Pros | Cons |
Enhanced Trading Efficiency | Technological Risks |
Reduced Trading Costs | Limited adoption |
Increased Accessibility | Regulatory Risks |
Greater Scope for Innovation | Competitive Landscape |
Over the coming decades, VEGA's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $26.06 and $53.40. In 2040, our forecast suggests VEGA could reach a peak price of $172.20,with a potential minimum around $104.82.Looking ahead to 2050, technical analysis indicates that VEGA's price could range from $230.03 to $322.36,with an estimated average trading price of about $230.01.
The qualities that make Vega Protocol (VEGA) stand out include the following:
High performance: Vega Protocol can handle a high volume of transactions with low latency, making it suitable for institutional traders.
Gas-free transactions: Unlike other blockchains, Vega Protocol does not have gas fees, which can save traders money.
Decentralization: Vega Protocol is fully decentralized, which means it is not controlled by any single entity. This makes it more resistant to censorship and manipulation.
Customizability: Vega Protocol is designed to be customizable, which allows it to support a wide range of derivative products.
You can buy Vega Protocol (VEGA) on several cryptocurrency exchanges. Here are a few of the most popular options:
CoinList (https://coinlist.co/)
Gate.io (https://www.gate.io/)
MEXC Global (https://www.mexc.com/)
Bitget (https://www.bitget.com/)
There are two main approaches to storing Vega Protocol (VEGA): custodial and non-custodial wallets. Each method offers different levels of control and security, so the best choice depends on your individual needs and risk tolerance.
Overall, while Vega Protocol utilizes security features and undergoes audits, it's a relatively new project. When it comes to storing VEGA tokens, security depends on the chosen storage method and your own risk management practices. It's crucial to conduct your own research, understand the inherent risks of cryptocurrency, and choose a storage solution that aligns with your risk tolerance and technical expertise.
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