Cryptocurrency Q&A
What does CELR crypto do?
What does CELR crypto do?
Daniele
Thu Nov 07 2024
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5 answers
1298
CELR crypto is a digital currency based on blockchain technology, designed to provide faster and cheaper distributed payment solutions. It is a Layer-2 scaling platform that aims to bring the scale of the internet to blockchain, facilitating commercial applications of the technology. CELR tokens have various use cases, including as a medium for liquidity, payment channel registration, and transaction fees within the network.
5 answers
Caterina
Sat Nov 09 2024
The Celer Network token, known as CELR, is an ERC-20 token. This token holds a special significance as it serves as the native currency within the Celer Network system.
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TaekwondoMasterStrengthHonor
Sat Nov 09 2024
BTCC is a leading cryptocurrency exchange that offers a range of services to its users. Among these services are spot trading, futures trading, and a wallet service. These services cater to the diverse needs of the cryptocurrency community.
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CryptoMystic
Sat Nov 09 2024
CELR tokens can be utilized as a payment method on the Celer Network. This provides users with a seamless and efficient way to transact within the ecosystem.
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CryptoNerd
Sat Nov 09 2024
Additionally, CELR tokens can be used within the mobile app CelerX. This app offers users a range of features and functionalities, all powered by the CELR token.
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ShintoSanctum
Sat Nov 09 2024
Another key use case for CELR tokens is in Liquidity Backing Auctions, or LiBAs. These auctions allow users to participate in crowd lending, providing liquidity to off-chain service providers.
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