What is Injective Protocol?

in injective •  4 years ago  (edited)

Injective Protocol is a decentralized cryptocurrency exchange.

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Injective Protocol (INJ) is the first tier 2 decentralized exchange of the cryptocurrency industry. In the statement made by the team, it is stated that it uses the Cosmos SDK module and also takes advantage of the Ethereum Virtual Machine (EVM) by taking advantage of the Cosmos network. In other words, the decentralized crypto currency exchange can be used on both Cosmos and Ethereum networks. This provides a serious user potential to the stock market.

What is Injective Protocol (INJ)?
The biggest difference of the INJ platform and cryptocurrency compared to its competitors is that it enables the trading of decentralized derivatives. With a proof-of-stake consensus model, Injective offers users the opportunity to trade without paying any transaction fees, unlike the Ethereum network. In addition, thanks to the advantages of the Cosmos network, inter-network transfer can be made.

INJ Coin Review
INJ Coin ranks 127th among the 150 largest cryptocurrencies by total market cap. INJ, which has increased by 18% in the last 24 hours, has a total supply of 100,000,000, but only 15,123,242 INJ in circulation. The total market value of INJ Coin is seen as 98 million dollars.

How to Buy Injective Protocol Coin?
How exactly to buy INJ Coin? Binance stands out as the most popular platform that users will prefer in this regard. possible. The liquidity and security offered by Binance also affects investors' preferences.

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