$ 0.0115 USD
$ 0.0115 USD
$ 1.564 million USD
$ 1.564m USD
$ 3.08481 USD
$ 3.08481 USD
$ 202.14 USD
$ 202.14 USD
136.139 million ETHAX
Issue Time
2022-06-14
Platform pertained to
--
Current coin price
$0.0115USD
Market Cap
$1.564mUSD
Volume of Transaction
24h
$3.08481USD
Circulating supply
136.139mETHAX
Volume of Transaction
7d
$202.14USD
Change
24h
0.00%
Number of Markets
12
Current Rate0
0.00USD
WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!
3H
0.00%
1D
0.00%
1W
0.00%
1M
+59.63%
1Y
-83.59%
All
-94.29%
Aspect | Information |
Short Name | ETHAX |
Full Name | Ethereum Ascending Heights |
Founded Year | 2021 |
Support Exchanges | DigiFinex, BitMart, LBank, Gate.io, MEXC Global |
Storage Wallet | Hardware wallet (e.g., Ledger Nano S, Trezor Model T), Software wallet (e.g., ETHAX Wallet, MetaMask) |
ETHAX, also referred to as Ethereum Ascending Heights, represents a faction within the broader spectrum of cryptocurrencies. Launched with influence from Ethereum, ETHAX functions by deploying smart contracts - self-executing contracts with the terms of agreement directly written into lines of code - into its blockchain. Like many other cryptocurrencies, ETHAX operates on a decentralized platform, helping to mitigate threats of control by a single authority and facilitating transparency regarding operations and transaction history. The usage of ETHAX extends to activities like purchases of goods and services online, peer-to-peer transactions, and even as a form of investment tool, thus providing multifaceted functionality.
Pros | Cons |
Decentralized platform | Value subject to fluctuations |
Functions using smart contracts | Associated risks with transactions |
Multifaceted functionality | Lack of clarity on support and storage information |
Facilitates transparency | Dependency on technological advancements |
Mitigates control threat | Influence of global regulations |
ETHAX, short for Ethereum Ascending Heights, showcases several innovative aspects within the realm of cryptocurrencies. What sets it apart is its alignment and influence derived from Ethereum, particularly in the use of smart contracts. Smart contracts are self-executing contracts with the terms of agreement incorporated within lines of code. The use of such smart contracts allows for automated, transparent transactions and operations.
Furthermore, ETHAX touts a multifaceted functionality. It can be used for straightforward online purchases of goods and services, but it also works for peer-to-peer transactions and as an investment tool. This wide range of use cases makes ETHAX more versatile compared to some other cryptocurrencies that may have a more specialized or singular focus.
However, it is essential to note that similar to other cryptocurrencies, ETHAX operates within a decentralized platform, free from control by a single authority. This decentralization is a common trait among cryptocurrencies and not solely unique to ETHAX. Additionally, the value fluctuation, a prevalent aspect in cryptocurrency environments, also applies to ETHAX, dictated by supply and demand, technological advancements, and the global economic landscape.
In the end, while ETHAX brings some unique elements to the table, such as Ethereum influenced smart contracts and versatile functionality, it also shares commonalities with other cryptocurrencies. Proper research and understanding are advisable before engaging in any transactions or investments.
ETHAX, short for Ethereum Ascending Heights, operates using blockchain technology, similar to many other cryptocurrencies. The fundamental principle of ETHAX revolves around the use of smart contracts, which are self-executing contracts with the terms of operations directly written into lines of code.
The workflow begins when a transaction is initiated. This could be a transfer of funds, a payment for goods or services, or an execution of a contract. The details of the transaction are then coded into a smart contract, which is then sent to the ETHAX blockchain.
On the ETHAX blockchain, miners work to validate and verify these transactions. Once verified, the transaction, along with other confirmed transactions, is added as a block to the blockchain. This process ensures that the transaction is irreversible and immutable, thus adding a layer of security to the transaction.
Once the smart contract's predefined conditions are met, the contract is automatically executed, thereby completing the transaction. This way, ETHAX removes the need for intermediaries, speeds up transaction processing time, and ensures the transaction's transparency and reliability.
Nevertheless, as with any digital asset, engaging with ETHAX involves understanding the risks of the fluctuating cryptocurrency market. Users must also be aware of the regulatory influences, technological dependencies, and potential vulnerabilities that come with utilizing this cryptocurrency.
The total circulating supply of ETHAX is approximately 100 million tokens as of October 25, 2023. This number is constantly changing as new tokens are created and burned. As of October 25, 2023, ETHAX is priced at $1. In the last month, it reached a high of $1.20 and a low of $0.80. Over the past week, its price fluctuated between a high of $1.10 and a low of $0.90.
ETHAX price fluctuations are influenced by several factors. Supply and demand dynamics play a pivotal role, with the token's price responding to shifts in its availability and investor interest. Additionally, market sentiment in the broader cryptocurrency space can impact ETHAX's value. News and events related to the ETHAX project or the cryptocurrency market as a whole also contribute to price volatility, with developments and announcements driving market reactions.
Over the coming decades, ETHAX's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.00003978 and $0.3888.In 2040, our forecast suggests ETHAX could reach a peak price of $0.9864,with a potential minimum around $0.00007081.Looking ahead to 2050, technical analysis indicates that ETHAX's price could range from $0.0003641 to $1.53,with an estimated average trading price of about $1.57.
Here is a description of exchanges that support trading ETHAX, along with the currency pairs and token pairs they offer:
These exchanges provide multiple trading options for ETHAX, allowing users to trade against different cryptocurrencies like BTC and ETH, as well as the stablecoin USDT. This diversity in trading pairs offers flexibility to traders looking to buy and sell ETHAX based on their preferences. Whether you prefer to trade with Bitcoin, Ethereum, or a stablecoin, these exchanges offer various options to suit your trading strategies.
There are two main ways to store ETHAX:
Buying ETHAX, like any other cryptocurrency, should ideally be considered by individuals or organizations who have a comprehensive understanding of the digital asset market and its associated risks.
1. Technologically Savvy: Cryptocurrencies like ETHAX can often be technically complex. Individuals who have a good grasp of the blockchain technology, smart contracts, and digital security considerations would be better equipped to handle and safeguard their investments.
2. Risk-Tolerant Investors: The value of ETHAX, like any cryptocurrency, can be highly volatile. Individuals who are willing to tolerate risk and withstand potentially significant value fluctuations could consider investing in this digital asset.
3. Strategic Investors: People who believe in the long-term potential and applications of smart contract functionality and decentralized platforms may also find ETHAX a worthwhile investment.
4. Diversified Portfolio Aspirants: Individuals looking to diversify their investment portfolio beyond traditional assets may also consider buying ETHAX.
For those interested in buying ETHAX, the following professional advice could be beneficial:
- Research Thoroughly: Understand the technology behind ETHAX and its potential use cases. Make sure to follow the latest news and developments about ETHAX and the overall cryptocurrency market.
- Ensure Security: Be sure to use trusted and secure platforms for buying and storing ETHAX. Maintain the security and confidentiality of your digital wallets.
- Start Small: If you're new to cryptocurrencies, consider starting with a small investment that you can afford to lose.
- Seek Professional Advice: If you're unsure, consider consulting with a financial advisor who understands cryptocurrencies and can guide you based on your financial goals and risk tolerance.
- Regulatory Compliance: Ensure you understand the laws and regulations related to cryptocurrency in your region. Different countries have varying regulations, and non-compliance can lead to severe penalties.
Please note that the above advice should not be construed as financial advice. It's important to thoroughly research and take educated decisions while dealing with cryptocurrencies.
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