What is SAND? Detailed introduction to SAND coin online trading platform and total amount

SAND, the native token of The Sandbox virtual world, is primarily traded on reputable cryptocurrency exchanges like Binance, Coinbase, and Huobi Global.

Oct 03, 2024 at 04:35 am

What is SAND?

The Sandbox (SAND) is a decentralized virtual world and blockchain-based game developed by Pixowl. It allows players to create, build, and own experiences on virtual lands called LANDs. SAND is the native utility token of The Sandbox ecosystem and is used for various purposes such as purchasing LANDs, interacting with experiences, and participating in governance.

Detailed Introduction to SAND Coin Online Trading Platform

SAND is primarily traded on cryptocurrency exchanges. Here are some popular online trading platforms for SAND:

Binance: The largest cryptocurrency exchange by trading volume, Binance supports SAND trading in both spot and futures markets.
Coinbase: A user-friendly platform for beginners, Coinbase offers SAND trading in its "Advanced Trade" feature.
KuCoin: A specialized altcoin exchange, KuCoin provides various trading pairs for SAND, including USDT, BTC, and ETH.
Huobi Global: A well-established exchange with a global reach, Huobi supports spot and margin trading for SAND.
FTX: A popular derivatives exchange, FTX offers SAND perpetual futures contracts for leveraged trading.

Total Amount of SAND

The total supply of SAND is capped at 3,000,000,000 tokens. Approximately 55% of the total supply is currently in circulation, while 24% is allocated to the company's treasury, 17% to the team, 3% to advisors, and 1% to seed and private sale investors.

In addition to the above, here are some other notable details:

SAND tokens are also available for trading on decentralized exchanges (DEXs) like Uniswap and SushiSwap.
The price of SAND can fluctuate significantly based on market conditions and demand.
Investors should exercise caution and conduct thorough research before trading SAND or any cryptocurrency.

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