Live ACA Price Analysis
The current price of the Acala token in real time is US$0.1032and its trading volume is equal to US$13,571,374 in the last 24 hours. The ACA price has grew by
3.23%
on the last day and decreased by
2.85%
in the last 7 days. It is important to note that the current market capitalization of the Acala token is US$99,282,126and the maximum offer is 1,600,000,000 ACA coins. Speaking of negotiable supply, the ACA has 962 499 997 coins. Currently, the rating of the Acala token on the market is #359.
Akala Token price today
96.67%
below
always on top and that’s it
349.62%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling ASA are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is the Acala token?
The Acala Token or ACA is a utility token built into the Acala network. The latter represents Multi-protocol DeFi network. It is deployed on the Polkadot network.
The ACA has several uses. First of all, he’s used to it pay for various fees including transaction fees, stability fees and penalty fees.
Secondly, the Acala token provides control rights to its owners. This means they can vote on various proposals regarding updates, parameters, board elections and treasury management, among many others.
Moreover, ACA coin holders can also stake their tokens.
Acala tokens were distributed as follows:
- 34% – IPO participants, liquidity providers, early participants, oracle operators and collators;
- 29.13% – Strategic investors;
- 20.25% – Main team;
- 11.62% – Treasury of the Akala Foundation;
- 5% – Development of the Akala ecosystem.
The chart above provides a deeper look at the price history of the Acala token and the current price of ACA, which can help you make a more informed decision.
What are the main characteristics of the Acala token?
As mentioned in the “What is Acala Token” section, we have established that the Acala crypto project is a decentralized financial network with an integrated set of products and services. Some of these include DOT Liquid Stting, a trustless exchange, and EVM+. It is easily scalable and compatible with Ethereum.
Acala comes with its own multi-collateral stablecoin called aUSD. It is completely decentralized and backed by digital assets.
Who developed the Acala token?
The Acala Token crypto project was launched in 2019. The author of the technical document of the project is Akala Foundation.
It has received backing from major companies including Coinbase Ventures, Pantera Capital and Polychain Capital.
What is the trading volume of Acala token in the last 24 hours?
ACA has trading volume US$13,571,374 in the last 24 hours.
What is the highest Acala token price ever?
ACA has the highest price US$3.10which was achieved at January 25, 2022 (2 years 4 weeks ago).
What is the lowest Acala token price ever?
ACA has the lowest price $0.0229which was achieved at December 11, 2022 (1 year 2 months ago).
Which exchanges are best for buying and selling ACA?
Currently the most active and dominant exchanges for buying and selling Acala Token are Binance, Kraken & Kucoin. The most popular Akala Token trading pairs ACA/USDT
(on
Binance
),
ACA/USDT
(on
Huobi Global
),
ACA/BTC
(on
Binance
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
Which hardware wallets are the most secure for storing ACA?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Akala Token. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
