Detailed introduction of PEAQ coin online trading platform and total amount

PEAQ coin, built on the Ethereum blockchain, offers a decentralized digital currency with transparency, security, and efficiency, and its price is influenced by factors such as market demand, supply and circulation, news and events, and competition.

Jan 01, 2025 at 11:31 am

PEAQ Coin: A Comprehensive Guide to Online Trading Platforms and Total Supply

Key Points:

• Overview of PEAQ coin and its unique features
• List of reputable online trading platforms for PEAQ coin trading
• Detailed breakdown of the total supply of PEAQ coin
• Factors influencing the price of PEAQ coin
• FAQs on PEAQ coin trading and total supply

Understanding PEAQ Coin

PEAQ coin is a decentralized digital asset built on the Ethereum blockchain. Unlike traditional fiat currencies, it operates independently of central banks or other financial institutions. PEAQ coin offers several advantages, including:

• Transparency: Transactions are recorded on a public blockchain, providing full visibility and immutability.
• Decentralization: No single entity controls the network, eliminating the risk of centralized failure or manipulation.
• Security: The Ethereum blockchain is renowned for its robust security measures, safeguarding user assets.
• Efficiency: Transactions are processed quickly and cost-effectively, significantly reducing transaction times and fees.

Online Trading Platforms for PEAQ Coin

• Binance: The largest cryptocurrency exchange globally, offering a wide range of trading pairs and advanced trading features.
• Huobi Global: A leading Asian cryptocurrency exchange with a strong reputation for security and reliability.
• Crypto.com: A fast-growing exchange offering a user-friendly platform and a variety of payment options.
• KuCoin: A popular exchange known for its low trading fees and extensive support for altcoins.
• Bittrex: A US-based exchange with strong regulatory compliance and a focus on security.

Total Supply of PEAQ Coin

The total supply of PEAQ coin is capped at 1 billion tokens. This predetermined issuance limit ensures that the asset cannot be arbitrarily inflated, contributing to its scarcity and potential value appreciation.

• Pre-sale: 20% of the total supply (200 million PEAQ) was allocated to investors during the pre-sale phase.
• Public sale: 40% of the total supply (400 million PEAQ) became available to the public through exchanges.
• Team and development: 20% of the total supply (200 million PEAQ) is allocated for the project team and ongoing development efforts.
• Reserve fund: 20% of the total supply (200 million PEAQ) is reserved for future initiatives, partnerships, and contingencies.

Factors Influencing the Price of PEAQ Coin

The price of PEAQ coin, like other cryptocurrencies, is influenced by various factors, including:

• Market demand: High demand for PEAQ coin indicates higher prices, while low demand can lead to price declines.
• Supply and circulation: The relationship between total supply (capped) and circulating supply (tokens in circulation) affects the scarcity and value of the asset.
• News and events: Positive news and developments can drive prices higher, while negative events can cause prices to fall.
• Technical analysis: Traders use historical price data and chart patterns to identify potential price movements.
• Competition: The performance of competing cryptocurrencies in the market can impact the price of PEAQ coin.

FAQs

• Q: How can I buy PEAQ coin?

  • A: You can purchase PEAQ coin on reputable online trading platforms such as Binance, Huobi Global, Crypto.com, KuCoin, and Bittrex.

• Q: What is the total supply of PEAQ coin?

  • A: The total supply of PEAQ coin is capped at 1 billion tokens, with 200 million PEAQ allocated to pre-sale, 400 million PEAQ to public sale, 200 million PEAQ to the team and development, and 200 million PEAQ reserved for the future.

• Q: What factors influence the price of PEAQ coin?

  • A: The price of PEAQ coin is influenced by market demand, supply and circulation, news and events, technical analysis, and competition.