Auroracoin is a cryptocurrency independent of the current banking system and has its independent value. Unlike traditional currencies, centralized banks cannot create the coin at their convenience. The token has a fixed supply that works against inflation.

The payments carried out using the token can be sent anywhere in a secure way. Transactions can be anonymous, and the randomly generated addresses protects user privacy. Transactions are maintained in a public ledger shared amongst users with no need for a traditional bank as a centralized institution. Further, since the coin is not dependent on any centralized entity, it prevents unrestrained currency printing, currency devaluation, and inflation.

The backbone of the Auroracoin blockchain network is the Auroracoin Core wallets. The complete Auroracoin blockchain can be downloaded and stored locally.

The coin was created in Iceland, and the team behind it comprises three people, Myckel Habets, Mikael Hannes, and Martin Jansen.

We update our Auroracoin to AUD currency in real-time. Get the live price of Auroracoin on Coinbase.

The current market cap of Auroracoin is A$0.00. A high market cap implies that the asset is highly valued by the market.

The all-time high of Auroracoin is A$150.62. This all-time high is highest price paid for Auroracoin since it was launched.

Over the last 24 hours, the trading volume of Auroracoin is A$22.72.

Assets that have a similar market cap to Auroracoin include SphereX, Liquid Collectibles, X Doge, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Auroracoin is 0.