What is the issuance and circulation of USUAL coins?

USUAL coins, launched by the Usual Foundation in 2018, are circulating in the market with approximately 60 million coins in supply, offering advantages of fast transactions, security, privacy, and transparency.

Dec 10, 2024 at 03:12 pm

Issuance and Circulation of USUAL Coins

USUAL coins are a type of cryptocurrency that is designed to be used as a medium of exchange. They are issued by the Usual Foundation, a non-profit organization that is dedicated to promoting the adoption of blockchain technology.

The USUAL coin was first issued in 2018, and it has since gained a growing following among cryptocurrency enthusiasts. The coin is currently ranked among the top 100 cryptocurrencies by market capitalization, and it is traded on a number of major cryptocurrency exchanges.

Issuance

The Usual Foundation issued a total of 100 million USUAL coins, with 80% of the coins being sold to the public in two rounds of token sales. The remaining 20% of coins were reserved for the Usual Foundation, its team, and advisors.

The first round of the token sale was held in February 2018, and it raised $10 million. The second round of the token sale was held in March 2018, and it raised $20 million.

Circulation

The USUAL coin is a circulating supply of approximately 60 million coins. The remaining 40 million coins are held by the Usual Foundation, its team, and advisors.

The USUAL coin is traded on a number of major cryptocurrency exchanges, including Binance, Huobi, and OKEx. The coin is also traded on a number of decentralized exchanges, such as Uniswap and SushiSwap.

Advantages of USUAL Coins

There are a number of advantages to using USUAL coins, including:

• Fast and cheap transactions: USUAL transactions are processed quickly and cheaply, making them ideal for everyday use.
• Security: USUAL coins are based on the Ethereum blockchain, which is one of the most secure blockchains in the world.
• Privacy: USUAL transactions are private, meaning that they cannot be traced back to the sender or recipient.
• Transparency: The USUAL blockchain is transparent, meaning that anyone can view all transactions that have ever been made.

Disadvantages of USUAL Coins

There are also a few disadvantages to using USUAL coins, including:

• Volatility: The price of USUAL coins is volatile, meaning that it can fluctuate wildly in value.
• Limited acceptance: USUAL coins are not accepted by all merchants, making them less convenient to use than some other cryptocurrencies.
• Scalability: The Ethereum blockchain is not very scalable, meaning that it can become congested during periods of high demand.