What currency is CFX coin?

CFX coin is the native token of Conflux Network and can be used to pay transaction fees, stake mining and participate in governance. Buy CFX: 1. Via an exchange (Binance, Huobi Global, OKX) or DEX (Uniswap, SushiSwap, PancakeSwap). Sell ​​CFX: 2. Via an exchange or DEX. Trading CFX: 3. Spot, futures, and margin trading.

What currency is CFX coin?

CFX coin is the native token of Conflux Network. Conflux Network is a high-performance, open public blockchain platform. CFX can be used to pay transaction fees, stake for mining rewards, and participate in network governance.

How to buy, sell and trade CFX coins?

Buy CFX Coin:

• Buy on crypto exchanges: Major exchanges like Binance, Huobi Global and OKX All support CFX currency trading. After signing up for an account, you can purchase CFX using fiat currencies or other cryptocurrencies.
• Use a decentralized exchange (DEX): DEXs like Uniswap, SushiSwap and PancakeSwap allow you to buy CFX directly from liquidity pools without the need for an intermediary.

Sell CFX coins:

• Sell on exchanges: Similar to the buying process, you can buy CFX coins on Sell ​​your CFX on the exchange and withdraw the proceeds.
• Sell using DEX: On DEX, you can sell your CFX to a liquidity pool and earn income on the corresponding assets.

Trading CFX coins:

• Spot trading: This is the most basic type of trading, you immediately trade with the current market Price exchange CFX.
• Futures Trading: Futures contracts allow you to buy or sell CFX at a specific date and price in the future.
• Margin Trading: Margin trading involves borrowing funds to increase the size of your trade, but carries higher risks.

Detailed tutorial:

Buy CFX on Binance:

1. Register an account on Binance and Verify your identity.
2. Deposit fiat or other cryptocurrencies into your Binance wallet.
3. Go to the Trading page and find the CFX/USDT trading pair.
4. Select the "Buy" option and enter the amount of CFX you wish to purchase.
5. Confirm the transaction and complete the purchase.

Sell CFX on Pancakeswap:

1. Connect your MetaMask wallet to Pancakeswap.
2. On the “Exchange” page, select “Select Token” and search for CFX.
3. Enter the amount of CFX you want to sell.
4. Confirm the transaction and pay the Ethereum network mining fee.
5. Your CFX will be sold for BUSD or BNB, depending on the exchange pair you choose.

Conflux Price Increases

As of noon on September 25, 2024, Conflux (CFX) price was $0.1681, with a 24-hour trading volume of $77.87 million . The price has increased by 9.84% in the last 24 hours.

Factors behind the price increase

The reason for the CFX price increase is unclear but may be related to the following factors:

• Overall Market Improved sentiment
• Increased confidence in Conflux technology and team

Future Price Trends

CFX prices may continue to rise in the short term, but it is unlikely that It is difficult to predict its future trend.

Recommendation

• If you believe in Conflux’s long-term potential, consider buying CFX.
• However, please be aware of the volatility of the cryptocurrency market and only invest money that you are willing to lose.

Short-term trend forecast

CFX prices are expected to maintain an upward momentum in the short term.

Indicators

• Price: $0.1681
• 24-hour trading volume: $77.87 million
• Circulating supply: 44.34 100 million CFX
• Market value: US$746 million

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