About Credits
Credits (CS) is a cryptocurrency . Credits has a current supply of 249,471,071.21 with 0 in circulation. The last known price of Credits is 0.00167527 USD and is up 63.00 over the last 24 hours. It is currently trading on 4 active market(s) with $106,598.83 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
Not enough data
FDV
R$1.56M
Circ. Supply
Not enough data
Max Supply
249M CS
Total Supply
249M CS
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
R$568.85K
-0.47%
Volume (7D)
R$3.97M
Volume (30D)
R$17.70M
All time high
R$6.52
Price Change (1Y)
-50.92%
Additional info about Credits
Recent trends
The latest CS price is R$0.0061. Compared to Credits's value of R$0.01 from 24 hours ago, there's been a -6% decrease, while the current price is -25% down from R$0.01 which was recorded one week ago. Credits's all time high is R$6.52, which was reached on March 6, 2018. This is a -100% change from its price today.
The fully diluted valuation of Credits is R$1.56M. The diluted valuation of Credits is R$1.56M.
Market details
CS vs markets
↘ 63.28%
CS vs BTC
↘ 68.97%
CS vs ETH
↘ 32.32%
Tags
services
iot
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | R$0.0061 | ↘ 6.49% |
1 Day | R$0.0050 | ↘ 6.49% |
1 Week | R$0.0084 | ↘ 24.85% |
1 Month | R$0.0061 | ↗ 3.14% |
1 Year | R$0.0123 | ↘ 50.92% |
FAQ
Credits is a decentralized finance (Defi) system that facilitates direct interaction between participants on the peer-to-peer principle. According to its platform documents, Credits is a blockchain technology that uses decentralized network nodes and smart contracts for the development and execution of decentralized applications(dApps). According to the platform’s whitepaper, the Credits platform expands its potential of using financial services based on the distributive ledger and self-execution of smart contracts.
Also, as per its whitepaper, the financial industry is one of those few industries that lag and resist the introduction of decentralization and direct interaction between participants. The two tasks that currently hamper the development of peer-to-peer financial products are to develop high execution speed with the capability to execute a vast number of transactions and further to develop a system where all participants and items for decentralized financial services are combined. The Credits’ financial system claims to be implemented for achieving such tasks.
The system aims to unite all participants on one website, providing them with a platform to create and use financial services. In such a way, both the service providers and takers can reap the benefit of the platform. The Credit platform seeks to offer technical solutions and a conceptual model of networking participants where they can interact to develop DeFi services.
The Credits platform claims that it is a fast and low-cost way to send and receive money and crypto worldwide. The platform further claims that it is user-friendly, that gives utmost importance to privacy, and users are provided with cashback over transfer and spending. The platform works on its native blockchain, known as the Credit blockchain. The platform also provides a wallet available on both web and mobile screens. The Credit platform works on the proof of agreement consensus mechanism. It is a consensus mechanism where nodes above a certain amount of native token stack are selected to operate on the network.
CS is the native cryptocurrency of the Credit blockchain and financial system. The token is based on the ERC-20 token standard, which is tradable on exchanges and is a fully decentralized token. The token supports fast transactions with an average speed of 0.5 seconds. The token is also staked to provide liquidity. The platform further provides a stablecoin for its platform known as Credit USD. This coin offers a stable price equal to the US dollar, which has a stable value and is used for global payments.
The platform was founded on September 12, 2017. The whitepaper was released on October 29, 2018. Igor Chugunov founded the platform. The other team members include David Kolmakhidze and Dmitry Chernishev. The total supply of CS tokens is one billion coins.
We update our Credits to BRL currency in real-time. Get the live price of Credits on Coinbase.
The current market cap of Credits is R$0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Credits is R$6.52. This all-time high is highest price paid for Credits since it was launched.
Over the last 24 hours, the trading volume of Credits is R$568.85K.
Assets that have a similar market cap to Credits include PayNet Coin, Ardana, MemePad, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Credits is 0.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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