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Market Cap
$0
Fully Diluted Valuation
∞
24 Hour Trading Vol
$14,230.7
Circulating Supply
0
Total Supply
0
Max Supply
∞
Indigo Protocol - iBTC Price
$109,091.6
24h Range
$106,714.7 - $110,579.1
Percent Change 1h
-0.12%
Percent Change 24h
2.21%
Percent Change 7d
-6.47%
All-time high
$145,983.2
All-time low
$0
1D
7D
1M
1Y
All
Indigo Protocol is a decentralized finance (DeFi) platform that enables users to mint synthetic assets, specifically focusing on creating iBTC (Indigo Bitcoin). iBTC is a synthetic representation of Bitcoin that is pegged to the value of Bitcoin itself, allowing users to gain exposure to Bitcoin without directly holding the asset. The protocol operates on the Ethereum blockchain and utilizes smart contracts to facilitate the minting, trading, and management of these synthetic assets. Indigo Protocol aims to increase liquidity, provide greater access to Bitcoin, and enable users to leverage their positions in a secure and decentralized manner.
The founders of Indigo Protocol include a team of experienced professionals from various backgrounds in finance, technology, and blockchain. Notable figures include:
This diverse founding team brings together expertise in traditional finance and cutting-edge blockchain technology to develop a secure and user-friendly platform.
Indigo Protocol operates by allowing users to mint synthetic assets, such as iBTC, through a process involving collateralization. Here’s how it works:
Indigo Protocol also incorporates mechanisms for maintaining the peg and ensuring the stability of synthetic assets, including liquidation processes and adjustments to collateralization ratios.
Indigo Protocol's iBTC has several key use cases that appeal to different segments of the crypto community:
Safety is paramount when dealing with cryptocurrencies and synthetic assets. Here are key practices to keep your iBTC secure:
Investing in Indigo Protocol - iBTC (IBTC) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Indigo Protocol - iBTC: Once your account is funded, you can purchase Indigo Protocol - iBTC directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Indigo Protocol - iBTC using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Indigo Protocol - iBTC (IBTC) is currently trading at $109,091.6 and exhibits good potential for future growth. Check the latest Indigo Protocol - iBTC (IBTC) price prediction.
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The content, portfolios, and insights presented on this platform are provided for informational purposes only and do not constitute financial, investment, or trading advice. Kribx Inc. and its affiliated influencers are not registered investment advisors or broker-dealers. Cryptocurrency trading involves substantial risk and may result in the loss of capital. Users are solely responsible for their trading decisions. Past performance is not indicative of future results.
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