$3.72
1.17%
$3.64
24h Range
$3.84
Market Cap
$8,314,331.8
Fully Diluted Valuation
$68,370,246.0
24 Hour Trading Vol
$300,746.9
Circulating Supply
2,237,577.2
Total Supply
2,237,577.2
Max Supply
18,400,000.0
XELIS Price
$3.72
24h Range
$3.64 - $3.84
Percent Change 1h
-3.3%
Percent Change 24h
1.17%
Percent Change 7d
-10.58%
All-time high
$37.11
All-time low
$2.95
1D
7D
1M
1Y
All
XELIS (XEL) is a decentralized cryptocurrency designed to facilitate seamless transactions within a robust ecosystem. Established in 2023, XELIS aims to enhance digital payments by offering low transaction fees and high-speed processing. The underlying technology of XELIS is built on a unique consensus mechanism that combines elements of Proof of Stake (PoS) and Delegated Proof of Stake (DPoS), ensuring security and scalability. As of early 2024, XEL trades on several major exchanges, with a market capitalization exceeding $500 million, reflecting growing investor confidence.
The founding team of XELIS comprises a group of experienced blockchain developers and entrepreneurs. The primary founders include:
Their combined expertise has positioned XELIS as a competitive player in the cryptocurrency landscape.
XELIS operates on a hybrid consensus mechanism that enhances both security and efficiency. Transactions are validated through a network of nodes that participate in the PoS system, where holders of XEL can stake their coins to support network operations. This incentivizes users to lock their assets in the network, promoting stability.
The DPoS component allows token holders to elect delegates who are responsible for validating transactions and maintaining the blockchain. This democratic approach ensures decentralization while enabling fast transaction times, with an average confirmation time of 2 seconds.
XELIS also utilizes smart contracts, allowing developers to create decentralized applications (dApps) on its platform. The XELIS blockchain supports interoperability with other blockchains, facilitating cross-chain transactions and enhancing the overall ecosystem.
XELIS has several practical applications that contribute to its growing adoption:
To ensure the security of your XELIS holdings, consider the following best practices:
Investing in XELIS (XEL) 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 XELIS: Once your account is funded, you can purchase XELIS 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 XELIS using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
XELIS (XEL) is currently trading at $3.72 and exhibits good potential for future growth. Check the latest XELIS (XEL) price prediction.
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