Price of Acala Token (ACA) today
As of the latest data, Acala Token (ACA) is currently priced at $0.1082 with a market capitalization of $110.07M. The 24-hour trading volume stands at $4.83M, The circulating supply of Acala Token is approximately 962.50M. The cryptocurrency has seen a -5.17% decrease in value over the past 24 hours.
Best Acala Token (ACA) Prices
Latest Acala Token (ACA) interest rates
Acala Token (ACA) staking rewards
About Acala Token (ACA)
The Acala Token (ACA) is a digital asset with the internal ID 56034 on LunarCrush. It is associated with the Acala Network on Twitter. The asset's logo version is 0, and it has an updated timestamp of 1,673,297,580. The asset is represented by an image available at https://cdn.lunarcrush.com/acala-token.png. The asset's main use case and key features are not provided in the data set.
How does Acala Token work?
Acala Token (ACA) operates as a decentralized cryptocurrency on the Acala Network, a blockchain platform built on Polkadot that enables peer-to-peer transactions without the need for intermediaries. ACA utilizes a proof-of-stake consensus mechanism to secure the network and validate transactions, ensuring transparency and security. One of its unique features is its ability to support multi-asset collateralized stablecoins, enabling users to mint stablecoins backed by various assets. ACA can also be used for governance voting, staking, and as a medium of exchange within the Acala ecosystem. This decentralized nature, combined with its innovative features and interoperability with other blockchains, sets Acala Token apart from traditional financial systems and opens up a wide range of use cases across DeFi, NFTs, and other industries.
How to keep your Acala Token (ACA) safe?
To keep your Acala Token (ACA) safe, consider using hardware wallets like Ledger for enhanced security measures. These wallets provide an extra layer of protection by storing your private keys offline, making it harder for hackers to access your funds. Additionally, trusted platforms like OKX, Kraken, and Binance offer secure storage options and advanced security features to safeguard your ACA tokens. By utilizing these reputable platforms and hardware wallets, you can better protect your assets from potential threats and ensure the safety of your investments.