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On May 19, the Electra Protocol (XEP/USDT) was launched on MEXC's new M-Day. With 550 winning tickets, the total reward pool was 80,000,000 XEP. Since being listed in the Innovation Zone with an opening price of 0.0002 USDT, the highest price reached 0.0048 USDT, representing a 2400 percent increase.
What exactly is the Electra Protocol?
Electra Protocol is an open-source proof-of-stake platform that runs on a constantly evolving and improving blockchain. Its primary goal is to create a fast and secure cryptocurrency that allows transactions to take place at a significantly lower than average processing fee rate. This community-based project aims to be the first and most widely used cryptocurrency on the market, with a team of coordinators and developers from all over the world. Electra Protocol sees its native coin XEP as becoming a popular payment processing option, using data money without the complexities of current payment infrastructures.
Electra Protocol characteristics
Electra Protocol is a stand-alone, ultra-fast, secure form of data money with near-zero transaction fees. Its true potential can be seen when combined with its flagship product, ElectaPay.
ElectraPay is a payment solution for e-commerce merchants looking for alternative payment methods provided by cryptocurrency. In other words, it is a full financial management system that will enable merchants to quickly adopt an alternative payment method that does not rely on payment service providers, banks, or credit card companies to complete transactions. This one-of-a-kind payment solution will provide merchants with numerous benefits that traditional payment platforms do not. Lower transaction fees, immediate access to funds, and cutting-edge security provided by the Electra Protocol blockchain are just a few of the advantages.
In terms of client convenience and security, ElectraPay will provide the same benefits. ElectraPay will automatically refund the customer if there is a problem with the transaction, which is an unusual feature in the crypto world.
XEP token
On January 8, 2021, XEP became tradable for the first time. There are 17,764,656,765 in total. XEP currently has a market capitalization of USD $35,821,356.57. At the time of writing, the current price of XEP is $0.00119, it is ranked 623 on Coinmarketcap, and it has recently increased 44.37 percent.
What exactly is the Electra Protocol?
Electra Protocol is an open-source proof-of-stake platform that runs on a constantly evolving and improving blockchain. Its primary goal is to create a fast and secure cryptocurrency that allows transactions to take place at a significantly lower than average processing fee rate. This community-based project aims to be the first and most widely used cryptocurrency on the market, with a team of coordinators and developers from all over the world. Electra Protocol sees its native coin XEP as becoming a popular payment processing option, using data money without the complexities of current payment infrastructures.
Electra Protocol characteristics
Electra Protocol is a stand-alone, ultra-fast, secure form of data money with near-zero transaction fees. Its true potential can be seen when combined with its flagship product, ElectaPay.
ElectraPay is a payment solution for e-commerce merchants looking for alternative payment methods provided by cryptocurrency. In other words, it is a full financial management system that will enable merchants to quickly adopt an alternative payment method that does not rely on payment service providers, banks, or credit card companies to complete transactions. This one-of-a-kind payment solution will provide merchants with numerous benefits that traditional payment platforms do not. Lower transaction fees, immediate access to funds, and cutting-edge security provided by the Electra Protocol blockchain are just a few of the advantages.
In terms of client convenience and security, ElectraPay will provide the same benefits. ElectraPay will automatically refund the customer if there is a problem with the transaction, which is an unusual feature in the crypto world.
XEP token
On January 8, 2021, XEP became tradable for the first time. There are 17,764,656,765 in total. XEP currently has a market capitalization of USD $35,821,356.57. At the time of writing, the current price of XEP is $0.00119, it is ranked 623 on Coinmarketcap, and it has recently increased 44.37 percent.
