Symbol XYM
$0.021 4.28%
Latest Updates
Updated at 16:57$123,677,349.47
#355
$418,647.51 6.17%
-$0.0009 4.28%
-$0.00236 11.25%
What about Symbol?
XYM (Symbol) is the native cryptocurrency of the Symbol blockchain. Symbol is a decentralized blockchain network created by NEM, an information technology company. XYM is used as a means of value exchange within the Symbol ecosystem, enabling users to pay for transaction fees and access various services on the platform.
XYM is designed to be a fast and secure cryptocurrency that offers several advantages over other blockchain-based payment systems. It is built on a hybrid consensus mechanism that combines Proof-of-Stake (PoS) and Proof-of-Importance (PoI), which enables faster transaction processing times and reduces energy consumption.
XYM can also be used as a store of value, as its limited supply (8.999 billion coins) creates scarcity and makes it a potentially valuable asset. Besides from an investment opportunity, XYM can be embraced for staking, letting stakeholders earn additional crypto rewards, which can be a good stimulus for users to buy and hold the cryptocurrency.
Buy Symbol Without Any Hassle
Trending
+$0.47937 146.13%
+$0.01888 34.04%
+$0.01806 21.93%
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+$0.00231 11.29%
+$0.11301 11.28%
+$0.000001423 9.77%
+$0.09051 8.16%
+$0.04899 7.70%
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