<h2>What is Tether?</h2><p>Tether is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. It can be transferred, stored or spent just like any other cryptocurrency. The main difference is each unit of USDT is backed by a U.S. dollar. Moreover it is a stablecoin. It is created to always worth $1.00. </p><h2>Where did Tether come from?</h2><p>The history of the Tether starts in January 2012. Then J.R. Wallet described the possibility of building new currencies on top of the Bitcoin Protocol. To show that it is possible he created the Mastercoin. The Mastercoin protocol became the technological foundation of the Tether cryptocurrency. The first token was issued on October 6, 2014. At the beginning Tether supported three cryptocurrencies: USTether+ for United States Dollar, EuroTether+ for Euros, and YenTether+ for Japanese Yen. The team claimed that every currency is 100% backed with the real currency.The Maincoin Foundation as later renamed to the Omni Foundation.In 2015 Bitfinex enabled trading of Tether on the platform. But the relationship between Bitfinex and Tether is still unclear. While some representatives assured everyone they are two different things, the Paradise Paper stated that they have the same owner.From 2017 to 2018 the amount of Tether tokens grew from $10 million to about $2.8 billion. This growth is absolutely outstanding. Only during summer of 2018, it rose up to 80% of Bitcoin volume.</p><h2>What are the advantages of Tether?</h2><p></p><ul><li>USDT in general brings some clarity to cryptoworld. The value of token is very clear.</li><li>Since it is backed by U.S. dollar it can be used as a trading method to smooth out risks.</li><li>The company promised to control the reserve of coins.</li><li>USDT can be used in the electronic form as well.</li><li>Uses Bitcoin blockchain. Some may find it an advantage since this blockchain is tested and has been functioning for some time already.</li><li>Extremely low fees in comparison with other cryptocurrencies.</li></ul><p>Although USDT seems to be an easy to understand and to use cryptocurrency, there are some disadvantages you may want to know before using it.    </p><h2>What are the disadvantages of Tether?</h2><p></p><ul><li>Depends on financial institutions.</li><li>To purchase and sell fiat money users need to go through verification and confirmation of account.</li><li>Unclear audits. The company has released a lot of updates, but they don't say anything about upcoming audits.</li><li>It is completely centralized. If you are looking for a decentralized currency, USDT is not the one to choose.</li></ul><p>    </p><h2>How to buy Tether?</h2><p>So now it is time to buy some USDT. How do you do it? Go to the SimpleSwap homepage and follow the instructions:</p><ul><li>Choose the currency you want to exchange (e.g. BTC) in the first drop-down list. Enter the amount you would like to swap.</li><li>In the second drop-down list select USDT. You will be shown the estimated value that you receive after the exchange.</li><li>Enter the Recipient's Address. USDT will be sent to this address. Be careful and make sure you use the correct address.</li><li>Check all the information you have entered. If everything is correct click the Exchange button.</li><li>You will be shown Bitcoin deposit address. You need to transfer to this address the necessary amount of BTC to start the exchange.</li></ul><p>That's it! It's so easy to invest in Tether with SimpleSwap.    </p>

Bitcoin (BTC) is the world's first decentralized digital currency. One of the main features of the BTC system is complete decentralization - there is no central administrator or any equivalent. A necessary and sufficient element of this payment system is the basic client program.

Bitcoin

Ethereum (ETH) is a cryptocurrency of a platform for creating decentralized online services based on blockchain. These services operate on the smart contracts basis. Ethereum greatly simplifies the introduction of blockchain technology as it is an open source platform.

Ethereum

XRP (XRP) is a digital currency of a Ripple network, a cryptocurrency platform for payment systems, focused on operations with currency exchange without chargebacks. Ripple is based on a shared public database. So it is completely decentralized system. The main purpose of Ripple system is to transfer big amounts of money as quick as possible.

Cardano (ADA) is a cryptocurrency of Cardano that is a decentralized blockchain platform on smart contracts with open source. The platform operates on a Proof-of-Stake algorithm called Ouroboros, which determines how individual nodes reach consensus on the entire network.

Cardano

SOL is a coin built on Solana's single-chain protocol with a delegated PoS. The goal of this project is to improve and make more efficient the cryptocurrency blockchain by introducing decentralized clocks into it. Thus, all transactions are timestamped. When paying commissions in the Solana network, SOL tokens are burned. Also, each user can put their coins on a bet to become a blockchain node.

Solana

Tether (USDT) is a stablecoin which allows users to store, send and receive digital currencies collateralized to dollars. The token has low volatility and its price is always close to $1. Tether is aimed at working as traditional money with all the qualities of monetary currency and adhere to cryptocurrency principles such as security and decentralization.

Tether OMNI

Binance Coin (BNB) is a token created by the Binance exchange to provide better trading conditions. Having BNB tokens on the exchange balance, the user has the opportunity to pay 2 times lower commissions. Also, Binance Coin is used to trade in pairs with more than 60 cryptocurrencies inside the exchange.

Binance Coin

Polkadot (DOT) is a сoin that is a proprietary asset of the Polkadot platform. It performs three main functions: management, bid placement, and linking. DOT holders have the right to manage the platform. Besides, the DOT owner can act as a validator, picker, nominator, or fisherman, and can participate in the decision-making process regarding global updates and/or changes to Polkadot.

Polkadot

Terra (LUNA) is a cryptocurrency that provides the stability of the Terra ecosystem. Terra is a blockchain – based payment system. It is based on a stable coin that maintains its value by using a mechanism to increase and decrease the number of coins depending on demand. To maintain the same Terra price, LUNA actually acts as a market maker.

Terra

Dogecoin (DOGE) is a decentralized digital currency that makes it easy to send money online. It is possible to use DOGE to pay users on social networks and to buy goods and services on the Internet. Dogecoin is based on Litecoin and is named after the Internet meme Doge. Dogecoin has a fairly quick initial mining period.

Dogecoin

FLOW token is a native token of the Flow network, which is a decentralized blockchain that allows developers to create games and apps. FLOW has a role of fuel in the network. The token is used as a payment method within the network and as a reserve asset for the network. Flow is a part of an ecosystem that consists of a number of well-known brands, such as Warner Music, NBA, UFC, and others.

Flow

Chainlink (LINK) is a token of the ChainLink platform, the purpose of which is to apply the technology of smart contracts in the financial system. All cryptocurrency smart contracts using API technology can connect to existing payment systems and carry out transactions using the ChainLink platform.

Chainlink

Avalanche (AVAX) is a cryptocurrency of the smart contract platform Avalanche, which supports the full set of Ethereum tools and confirms transactions in less than a second. Using this platform, the developers can create new blockchains and assets that will work in accordance with the conditions set by them.

Avalanche

USD Coin (USDC) is a smart contract-based stablecoin. The project is based on an open source framework developed by CENTRE. USDC supports financial transparency, working with regulated and licensed financial institutions and an open participation scheme.

USD Coin

ICP (Internet Computer) is a native token of the Internet Computer blockchain that allows users to participate in and control the network. The ICP token facilitates network management. It is also used to reward voting participants and node providers.

Internet Computer

Uniswap (UNI) is the token of the leading Uniswap decentralized exchange. After the release of the token by the popular DeFi project, there was an immediate stir around UNI. The developers are positioning UNI as the next step in the development of the protocol, noting that Uniswap is constantly updating records for trading volume and liquidity.

Uniswap

FTX Token (FTT) is a token of the FTX project, a cryptocurrency exchange that supports futures trading. With the FTT token, users receive a discount on commissions, the amount of the discount depends on the trading volume. Also, FTT tokens are used to participate in the royal battle. The exchange hosts contests in which traders participate and FTT token holders can place bets on them.

FTX Token

Axie Infinity (AXS) is a token of the Axie Infinity platform, which is an Ethereum based blockchain game with fantastic characters - Axies. Each Axie is a unique NFT token, which users can grow, trade, create a team with, and also fight other players. The game allows players to earn AXS for each victory. AXS also gives users a voting right in Axie Community Treasury expenditure management.

Axie Infinity

Stellar (XLM) is a cryptocurrency of a platform, which is an analogue of a decentralized crypto exchange, where you can buy or sell any currency. Transfers in the network are absolutely free. The Stellar network is able to process around 1,500 transactions per second, which makes it much faster than Bitcoin and Ethereum.

Stellar

dYdX

Matic Network (MATIC) is a token of ERC-20 standard and it is an internal unit of network calculation. It was created for users as stimulation to provide computing power for blocks checking. Miners will receive remuneration with Matic tokens. The primary token sale was organized as a lottery. Network is based on Proof-of-Stake and Block Producers projects so mining is possible.

Polygon

KLAY is a coin of the Klaytn project that combines distributed governance, decentralisation of control and data of public blockchains, with scalability and low latency of private ones. The KLAY coin can be used to create or execute a smart contract and pay fees for transactions on Klaytn.

Klaytn

Binance USD (BUSD) is a high-stability currency pegged to the US dollar. It got approval from the New York State Department of Financial Services (NYDFS). BUSD can be bought at the rate of 1 BUSD equal to 1 US dollar. BUSD was issued in Binance partnership with Paxos. Paxos is a regulated infrastructure for creating financial institutions that enable movement between physical and digital assets.

Binance USD

Quant (QNT) is a cryptocurrency token which is based on the Ethereum blockchain. This token can be used as access to MApps (Multi Chain Applications).

Quant

Litecoin (LTC) is a peer-to-peer Internet currency that enables to make private, secure and borderless payments for pennies anywhere in the world. Litecoin is the second hard fork of Bitcoin. The speed of blocks formation in the Litecoin network is 2.5 minutes, which is higher than in the Bitcoin network.

Litecoin

Bitcoin Cash (BCH) is a cryptocurrency that requires no trusted third parties and no central bank. Bitcoin Cash is the hard fork of Bitcoin that has separated from it. Branching took place on August 1, 2017. Merchants and users are empowered with low fees and reliable confirmations. 

Bitcoin Cash

TRON (TRX) is a decentralized open source cryptocurrency, which was founded by TRON Foundation. The goal of the TRON decentralized protocol is to create a worldwide free entertainment network based on a distributed registry. The TRX algorithm allows each user to publish, store and receive data freely.

TRON

Algorand (ALGO) is a special token of the Algorand blockchain. Tokens were distributed by the way of Dutch auction. It means that the price was declared in descending order. Furthermore, there is a refund policy. Algorand project does not use tokens as an incentive. The team of creators openly said that users should decide what to do with a coin. The protocol is clear and looks like HTTP and TCP.

Algorand

Wrapped Bitcoin (WBTC) is an ERC-20 token that was created to provide Bitcoin fluidity for the DEX in the first place. In addition, this token makes it possible to use Bitcoin for token trading. WBTC aims to standardize Bitcoin to the ERC-20 format while creating smart contracts for it.

Wrapped Bitcoin

VeChain (VET) is a cryptocurrency of a global platform of information transformation based on blockchain technology. It digitizes real people, products or events, associating the API with the application level of the system, connecting the blockchain with real information. VeChain uses Smart Contracts focused on real industrial operations.

VeChain

Filecoin (FIL) is the cryptocurrency that underpins the decentralized peer-to-peer file storage network (Filecoin). Due to Filecoin, any user can store, receive, and post digital information. The main purpose of FIL tokens is to pay for such services and to provide an economic incentive for reliable long-term storage of files.

Filecoin

Cosmos (ATOM) is an ecosystem that consists of blockchains that can interact with each other. It is a decentralized network of an independent parallel blockchain. ATOM is a token of the system named Cosmos. Owners can vote, verify the transactions and delegate actions to other validators there.

Cosmos

GRT is a token of the Graph network. GRT is an ERC-20 token, based on the Ethereum blockchain. The main function of the token is to designate resources on the platform. To provide system management tokens will be distributed between Indexers, Curators, and Delegators.

The Graph

Ethereum Classic (ETC) is a cryptocurrency that appeared as a result of the Ethereum hardfork and is positioned as the original and primordial version of ETH. A distinctive feature of Ethereum Classic from Ethereum is that ETC retains the principle of non-interference from the outside and the supremacy of the code.

Ethereum Classic

Dai (DAI) is a token of the Maker DAO crypto-project. DAI is the first decentralized stablecoin on the Ethereum blockchain. The Dai rate corresponds to USD and 1 DAI is always worth $1. The Dai priorities are the transparency of conversion and the absence of volatility.

Theta (THETA) is a cryptocurrency that could be used as a long or short term investment or as remuneration for the video content. Theta Network was created by great specialists with a lot of experience in the area of video streaming. Users can get coins by watching and rebroadcasting videos to other users or hosts.

THETA

AAVE is an ERC-20 token of a platform that is used to organize decentralized platform management. The goal of the AAVE platform is to enable users to both lend and borrow cryptocurrency. Although AAVE provides the opportunity to use 17 different cryptocurrencies on this platform, using its native AAVE token, borrowers receive a certain discount.

Aave

Elrond (EGLD) is a cryptocurrency based on the blockchain with the same name, which aims to create a new architecture designed to significantly increase the speed of transactions. Elrond is a scalable and fast network, which wants to create a new Internet economy based on distributed applications. 

Elrond

Crypto.com Coin (CRO) is a cryptocurrency which was launched in Hong Kong under the name Monaco and based on Ethereum (ETH) platform. It was the first crypto project which entered into a partnership agreement with such a giant as Visa. Now Crypto.com is one of the most popular projects in the industry from the beginning of 2019. The rate has increased 10 times since March 2019.

Crypto.com Coin

EOS (EOS) is a cryptocurrency of hosting platform for smart contracts, designed for open source projects and decentralized consumer-oriented applications (DApps). A key part of the platform is the Delegated Proof of Stake (DPOS). It is designed to meet the performance requirements of decentralized applications on a blockchain - including processing millions of users.

Tezos (XTZ) is a cryptocurrency of a platform that is intended for smart contracts and decentralized applications. The Tezos's goal is to create a network capable of introducing various innovations without the need for hardforks. According to the internal rules of the platform, interested parties can easily vote and reach a consensus on modernization issues.

Tezos

CELO is a cryptocurrency of a global payment infrastructure that uses phone numbers instead of public keys. Celo aims to make cryptocurrencies available to anyone who has a smartphone, even to people deprived of banks or any other financial institutions. CELO makes dApps and smart contracts part of the system, expanding for its users benefits and opportunities within the network.

Celo

SHIB is a meme token created as an alternative to the DOGE coin or the "Dogecoin Killer". SHIBA INU is an ERC20 token that emerged as an experiment in August 2020.

SHIBA INU

NEO (NEO) is a coin on a smart asset platform. NEO is the first open-source blockchain project from China. NEO coin and the platform aims to develop a "smart economy" with a distributed network by utilizing blockchain technology and digital identity to digitize assets, and automating the management of digital assets using smart contracts.

THORChain (RUNE) is a token on the THORChain platform. It is used to pay for swaps, participate in platform management, and reward validators. THORChain provides liquidity solutions, instant asset exchange on the network. The RUNE token is a token for all CLP pools to create liquidity. 

THORChain

CAKE is a native token of the PancakeSwap platform. It is a decentralized exchange service for BEP20 tokens. It operates on Binance Smart Chain. PancakeSwap gives an opportunity to deposit LP tokens to get a reward in CAKE tokens. After that users can stake CAKE to earn other tokens.

PancakeSwap

Monero (XMR) is a private digital currency. Monero makes untraceable transactions through technology called ring signature. This technology mixes some individual transactions with others, so it is not clear to the public who owns the addresses. It also hides balance sheets thanks to stealth addresses, random, one-time addresses that cannot be associated with specific individuals.

Monero

1INCH is a utility token that is used to govern the 1INCH network protocol. The 1INCH token is involved in the “instant governance” project. Instant governance means that all the community members can participate in the decision-making process by voting without any barriers to entry. 

1inch

XDC is a coin of XinFin, a XDPoS hybrid network for trade and finance. This network is meant to make financial operations more efficient, enable digitalization and tokenization, and provide chains interoperability.  XDC, XinFin Digital Contract, powers the network, it is a local utility and can be staked into the platform.

XinFin Network

Curve (CRV) is a  token of the Curve platform that is used for voting when managing the platform and as a reward for liquidity providers. It was launched in August 2020 by an anonymous developer under Twitter nickname @0xc4ad. Part of the collected trading fees is used for the permanent burning of CRV tokens.

Curve

Hedera Hashgraph (HBAR)  is a token that is used for all transactions within the platform which was launched in August 2018. The coin also serves to protect the network from certain types of cyber-attacks. Thanks to the consistent Proof-of-Stake (PoS) algorithm, HBAR has an attractive feature: users can earn coins by placing their tokens for the node to work.

Hedera Hashgraph

Compound (COMP) is a token of the Compound project, which is a decentralized financial protocol based on the Ethereum ecosystem. Compound's digital currency provides access to the crypto-loan market, where interest rates are set by the system. Compound cryptocurrency cannot be earned by traditional mining, all tokens are issued exclusively by developers.

Compound

Reserve Rights (RSR) is a digital decentralized stable coin operating on the Ethereum platform. It was started in May 2019. Reserve Rights token is a “tool of accumulation” which can not be a subject of inflation. The main aim of the team was to create a token that is clear and safe for calculations.

Reserve Rights

BitTorrent (BTT) is a multi-million network for sharing files (music, movies, e-books, etc.) between its users. After BitTorrent was purchased by the TRON platform, the project was able to expand its own functionality and allow its users to monetize their activities. For this purpose was created the BTT token.

BitTorrent

NEAR Protocol (NEAR) is a cryptocurrency of the NEAR open-source platform. NEAR allows its owners to use applications on the platform, to be involved in network management, and to get rewards by staking to the network. The NEAR cryptocurrency may be either earned or bought via exchange or even asked from a friend thanks to the “NEAR Drop” approach. 

NEAR Protocol

Kusama (KSM) is the official coin in the Kusama ecosystem. It is considered to be the working fuel of the entire network. Kusama is a "dedicated" Polkadot network that detects and warns of any vulnerabilities in the Pokadot network. KSM is used to pay commission for transactions on the network, as remuneration, and provide an opportunity to vote in referendums on the development of the project.

Kusama

Fantom (FTM) is a cryptocurrency which is used for the placement and remuneration of nod witnesses who are taking part in the network check. Tokens will also be used to allow low-cost transactions and to pay transaction fees.

Fantom

Huobi Token (HT) is the official token of Huobi exchange. Huobi Token is based on ERC-20 standard. Huobi Token is designed to reduce commissions paid by its holders for trading on the platform and is used in the point system when adding new tokens to the exchange.

Huobi Token

Arweave (AR) is the coin of the data storage platform of the same name. Arweave is based on a Proof of Access consensus mechanism that is designed to facilitate persistent and inexpensive storage. The AR сoin is used to pay storage fees in Arweave and to reward miners who wish to participate in maintaining the network and storing information.

Arweave

Waves (WAVES) is a coin of a platform that is intended so that users can store, trade, manage and issue their own digital assets in a safe and easy way. The Waves blockchain processes hundreds of operations per second. Tokens created on the platform can be used for voting, loyalty programs and discount programs.

Waves

Synthetix Network Token (SNX) (formerly known as Haven) is a kind of crypto asset network that allows its users and investors to create synthetic assets within the system itself. The Synthetic Network Token (SNX) is a token that runs on the Ethereum platform. Assets are managed through smart contracts. It allows SNX transactions to transfer tokens between accounts.

Synthetix Network Token

Bitcoin SV (BSV) is a digital currency which is the result of the Bitcoin Cash hard fork. The coin appeared on November 15, 2018. The main idea of BSV is to preserve the original vision of Satoshi Nakamoto, the alleged creator of Bitcoin. So, the Bitcoin SV name decrypts as Bitcoin Satoshi Vision.

Bitcoin SV

SushiSwap (SUSHI) is a native token of the SushiSwap ecosystem which appeared in August 2020. It is used to reward liquidity mining. In other words, SUSHI is used as a reward when you join Liquidity Mining on some pools. SUSHI is a fork of the Uniswap project. So, when using Uniswap, 0.3% of all trading commissions in the pool are distributed proportionally to the group's liquidity providers.

SushiSwap

Chiliz (CHZ) is the cryptocurrency that powers sports and entertainment platforms. It is also the official exclusive cryptocurrency that operates on the Socios.com fan voting portal. The usefulness of the Chiliz token is to provide fans and organizations that join the Socios.com platform with a right of vote and opportunity to participate in the decision-making process.

Chiliz

Audius (AUDIO) is the native token of the Audius platform which was developed to give everyone the freedom to share, monetize and listen to the audio they want. It is a community-owned music streaming platform that gives artists control over their music and opens up new ways to get money from their fans and even enrich them. The AUDIO token enables exclusive feature access and network security.

Audius

Gnosis (GNO) is a platform for forecasting with its own cryptocurrency GNO created as a decentralized application in the Ethereum network. The platform consists of the Dutch stock exchange, multi-signature wallet, and the flagship output that is the market for forecasts.

Gnosis

Maker (MKR) is a digital currency of the Maker project, which is based on the Ethereum blockchain and seeks to create a series of decentralized tokens tied to the fiat money value. Buying MKR allows customers to participate in the future of the project. Namely, investors have the opportunity to vote and make decisions on the proposed development vectors.

Maker

UST is a stablecoin of the Terra network, connected to the US dollar. Since its launch in 2020 it has gained the image of the most scalable stablecoin. UST meets the requirements of DeFi protocols and it does not lose its scalability. It is also very easy to add it to various crypto wallets. Also TerraUSD provides an opportunity to get a passive income with the Anchor protocol.

TerraUSD

Oasis Network (ROSE) is the native coin of the Oasis Network platform, which in turn is a decentralized blockchain network providing secure and private data exchange, control and management. The ROSE coin can be used to pay fees for network transactions. In addition, it is created to delegate the consensus network.

Oasis Network

The Sandbox (SAND) is a utility token of a decentralized gaming platform. It allows participants to monetize game achievements. SAND was created in 2020 as an ERC20 token running on the Ethereum blockchain. SAND holders can make decisions within the ecosystem. Imagine a game world where everything you create belongs to you – you can do whatever you want with your content without any problems.

The Sandbox

Perpetual protocol (PERP) is a cryptocurrency designed to power Virtual Automated Market Maker (vAMM) for perpetual contracts trading. Thanks to VAMM the boosted leverage and short positions handling is possible. Perpetual protocol is a DeFi platform that also supports the trading of fiat currencies, gold, and oil. PERP is its’ ERC-20 native token that governs the network. 

Perpetual Protocol

MOBOX

Dash (DASH) is digital cash on the blockchain basis, using the anonymous transaction mechanism. It is possible to make instant, private payments online or in-store using Dash. DASH has no centralized control, so emissions occur during mining.

Dash

Harmony (ONE) is a token of the Harmony platform. The main goal of this platform is to support a decentralized economy by building marketplaces. The ONE token has utility usage. It can be used to get loyalty points and for exchange. Thus ONE token gives users an opportunity to participate in this ecosystem. 

Harmony

Helium (HNT) is a cryptocurrency developed by the Helium Network for Internet of Things (IoT) devices. This network was created so that wireless devices can exchange and send data through a special node network. HNT coins are received as rewards by the users who manage these nodes. Customers can buy or create their own hotspots (nodes) that mine HNT coins.

Helium

KuCoin Shares (KCS) is a token made in China which is compatible with ERC-20 and based on the Ethereum blockchain. The token sale started in September 2017 on the KuCoin exchange market. Users can have a discount for the trading rates or earn 40% revenue share by drawing other traders to the platform.

KuCoin Shares

Decred (DCR) is an open, progressive and self-financing cryptocurrency with a community-based management system integrated into its blockchain. The advantages of DCR are decentralization, mining accessibility and using the Proof of Stake (PoS) method.

Decred

Telcoin (TEL) is the first digital coin that combines the capabilities of existing mobile operators and blockchain technology. Due to this connection, users can make many financial transactions through a smartphone like money transfers, online purchases and various payments.

Telcoin

SKL is a hybrid use token of the Skale network. SKL token has a number of functions. Token holders stake their assets to validators, who are rewarded with SKL for their services. Tokens are also used to pay for a subscription. Token holders also have a right to participate in the on-chain voting.

SKALE Network

Decentraland (MANA) is a token based on the blockchain which is a virtual world where each member of the system are able to purchase a digital land property, making it unique, as well as cooperate with other users within the whole system. The landowner can give other users the right to use their property and specify what they can do with it. MANA may be used for trading services and goods provided by users.

Decentraland

Stox (STX) is an Ethereum blockchain based cryptocurrency. It's built on Bancor protocol. The original goal of Stox is to foresee the changes in financial markets and trade on them. Users can vote and trade on possible events. The developers’ main goal is to eliminate the third party on the prediction markets.

Stacks

ICON (ICX) is a whole ecosystem that allows different blockchains to interact with each other. Its main purpose is to unite various systems for speeding up and simplifying transactions. The internal coin ICX is used to pay for products and services directly by organizations that cooperate with the ICON Network.

Icon

Revain (REV) is a stablecoin that is exclusively created for the Revain Network. Revain provides a feedback platform that rewards its users for valuable reviews. Thus, this token is aimed at giving the reviewers a reward for their work.

Revain

Theta Fuel (TFUEL) is the" fuel " of the Theta protocol, which was launched simultaneously with the launch of Mainnet in mid-March 2019. It is used to pay for transactions. Network users can earn TFUEL for video streams they share with others.

Theta Fuel

NEM (XEM) is a cryptocurrency written on Java and JavaScript. NEM is significantly ahead of Bitcoin and Etherium in its technological effectiveness and speed of transactions due to the fresh decisions in the NEM code and the use of the “Proof-of-Importance” algorithm.

Enjin Coin (ENJ) is a digital token of a platform for creating gambling applications. With ENJ, developers are able not only create virtual gaming products but also implement them. Enjin describes itself as the “largest online gaming community platform” and supports over 300 000 gaming communities with 19 million registered gamers.

Enjin Coin

Zilliqa (ZIL) is a token of the newest high bandwidth blockchain platform. The uniqueness of this system lies in the fact that it can scale without sacrificing stability and security. It is built in such a way that its throughput and the commission's amount depends on the number of nodes in the network.

Zilliqa

IOST (IOST) is a token of the Internet of Services project. It provides its users with the platform where they can exchange services and goods in a decentralized manner. What distinguishes IOST from competitors is that the project is focused on solutions of scalability.

IOST

Zcash (ZEC) is the first accessible and open cryptocurrency that can fully protect the confidentiality of the transactions through a cryptographic protocol "Zero-knowledge proof". Zcash transactions are shown in a public blockchain, however, the sender, the receiver and the transaction amount remain private.

Zcash

Serum (SRM) is a management instrument. It is based on the Solana blockchain but also exists as Ethereum or ERC-20 version. SRM holders receive 50% of all online fees.  Additionally, it can be used to place bets and provide a limited management model.

Serum

DODO is a liquidity providing (LP) cryptocurrency that utilizes the PMM - Proactive Market Maker oracle-powered algorithm which leverages on-chain and contract liquidity. The PMM model gives real-time responses to liquidity restrictions while adapting to the changing market conditions. The token is used at the DODO platform that is an Ethereum-based exchange.

DODO

BakeryToken

MIR is a token of Mirror Protocol, a synthetic asset protocol created by Terraform Labs. MIR tokens behave like “mirror” versions of real assets, reflecting exchange prices on the chain. They give traders the ability to set prices for real assets providing partial ownership.

Mirror Protocol

Qtum (QTUM) is a cryptocurrency of a platform that combines the properties of Ethereum and Bitcoin blockchains. Namely Qtum blockchain mixes the proof-of-work consensus and the smart contracts technology. Applications running on the Qtum platform are stored in the database as transactions on the blockchain.

QTUM

Clover Finance

NU is the token of the decentralized threshold cryptographic platform NuCypher. NU tokens can be used as collateral against miner's behavior, as well as to pay for project services and to reward miners who perform re-encryption operations. The main reason for introducing NU tokens is to make the system more secure and repel any attacks that might lead to gaining most of the trust.

NuCypher

Bitcoin Gold (BTG) is a hardfork of Bitcoin separated in October 2017. The main purpose of Bitcoin Gold is decentralization of network and mining. The algorithm, on the basis of which the system operates, is based on hashing and is adapted to mining on GPU devices. The system is completely protected from repeated transactions.

Bitcoin Gold

Yearn.finance (YFI) is a native token of the yEarn Finance project (formerly known as iEarn Finance) which was launched on July 17, 2020. Token holders have the right to vote on upcoming network management decisions, such as the possible ending of an entirely new token distribution. YFI Creator, Andrey Cronje stated that the token has no intrinsic value.

yearn.finance

My Neighbor Alice is a blockchain-based game where users can manipulate virtual islands being in turn rewarded for the contribution. ALICE is the on-chain token used for in-game purchases. The cryptocurrency offers staking benefits, users’ governance and voting, and freedom of creativity for developers.

MyNeighborAlice

Trust Wallet Token (TWT) is a BEP-20 utility token that is of great help to Trust Wallet users. Trust Wallet itself is a mobile crypto wallet that supports a wide spectrum of altcoins. TWT gives its holders multiple in-app purchase discounts and DEX usage privileges. TWT holders can also actively participate in the wallet’s development.

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