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Quidax Token QDX Price

$0.097

2.7%

$0.095

24h Range

$0.101

Market Cap

$29,074,900.0

Fully Diluted Valuation

$48,458,166.7

24 Hour Trading Vol

$34,101.2

Circulating Supply

300,000,000.0

Total Supply

500,000,000.0

Max Supply

Info

QDX Price Statistics

Quidax Token Price

$0.097

24h Range

$0.095 - $0.101

Percent Change 1h

-0.35%

Percent Change 24h

2.7%

Percent Change 7d

4.31%

All-time high

$0

All-time low

$0

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About Quidax Token

What is Quidax Token (QDX)?

Quidax Token (QDX) is the native cryptocurrency of the Quidax platform, a cryptocurrency exchange based in Nigeria. Launched in 2018, Quidax aims to provide a seamless experience for buying, selling, and trading cryptocurrencies. QDX serves multiple purposes within the Quidax ecosystem, such as enabling users to pay for transaction fees at discounted rates, participate in token sales, and access exclusive features on the platform. As of 2024, QDX is gaining traction in the African crypto market, with a growing user base and increasing trading volume.

Who are the Founders of Quidax Token?

Quidax was co-founded by

  • Obinna Nwokolo - CEO, with a background in software engineering and experience in the tech industry.
  • Ugochukwu Nwokolo - Co-founder, who has expertise in blockchain technology and finance.
  • Jibola Afolabi - Co-founder, known for his experience in business development and operations.
The team is committed to enhancing the cryptocurrency landscape in Africa, focusing on accessibility and user education.

How does Quidax Token Work?

Quidax Token operates on the Ethereum blockchain, utilizing the ERC-20 standard. Users can acquire QDX through various means, including trading on the Quidax exchange, participating in airdrops, or earning rewards through staking. The token is designed to facilitate transactions within the Quidax ecosystem, allowing holders to enjoy benefits like reduced trading fees and participation in governance through voting on platform developments. As of 2024, QDX has integrated various features such as liquidity provision and staking to enhance user engagement and investment opportunities.

Top Use Cases of Quidax Token

The Quidax Token has several use cases:

  • Transaction Fee Discounts: Users can pay trading fees on the Quidax platform with QDX, receiving discounts that can significantly lower their trading costs.
  • Staking: Holders of QDX can stake their tokens to earn rewards, thereby contributing to network security and earning passive income.
  • Governance: QDX holders can influence platform decisions by voting on proposals, enhancing community engagement and user participation.
  • Token Sales: QDX is used to access exclusive token sales on the Quidax platform, allowing users to invest in new projects before they hit the open market.
  • Cross-Platform Integration: QDX can be utilized across various affiliated platforms and services, enhancing interoperability within the crypto ecosystem.

How to Keep your Quidax Token Safe?

To ensure the safety of your Quidax Tokens, consider the following best practices:

  • Use Hardware Wallets: Store your QDX in hardware wallets like Ledger or Trezor, which provide offline storage and are less susceptible to hacking.
  • Enable Two-Factor Authentication (2FA): Always activate 2FA on your Quidax account to add an extra layer of security during login and transactions.
  • Be Wary of Phishing: Avoid clicking on suspicious links or providing sensitive information that could lead to phishing attacks.
  • Keep Software Updated: Regularly update your wallet software and devices to protect against vulnerabilities.
  • Regularly Monitor Transactions: Keep an eye on your transaction history and account activity to quickly identify any unauthorized transactions.

How to Invest in Quidax Token (QDX)?

Investing in Quidax Token (QDX) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy Quidax Token: Once your account is funded, you can purchase Quidax Token directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Quidax Token (QDX) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Quidax Token using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Quidax Token (QDX) in the Long Term?

Quidax Token (QDX) is currently trading at $0.097 and exhibits good potential for future growth. Check the latest Quidax Token (QDX) price prediction.

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