Credits (CS) Analysis

Market Cap

$18,247,278 USD

Volume (24h)

$1,061,583 USD

Top cryptocurrency services

Bot for automated trading Launch bot

Hardware wallet for holding Get wallet

Instant buy & sell coins Buy & sell

Casino for non-US players Play now

USA & UK friendly casino Play now

4.1

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

Credits Markets Rank: 1/100
Volume Ratio

How actively is this asset being traded on the market?

Credits Volume Ratio Rank: 6/100
Market Cap

The total cost of all coins available.

Credits Market Cap Rank: 87/100
24h Change

Is the price moving up or down?

Credits 24h Change Rank: 57/100
Google Trends

How many users are searching for the coin?

Credits Google Trends Rank: 33/100
Twitter Citation

How many users are talking about this coin in Twitter?

Credits Twitter Citation Rank: 53/100
User Voting

How popular is this coin among Cointobuy community?

Credits User Voting Rank: 95/100

Credits investment analysis

Issues concerning decentralized investments and payment systems against traditional models are a continues drag especially when there are limited products out there to contest for the former.

Credits investment is redefining internet of value as a financial platform, whereby it is offering its services through the use of smart contracts and a transparent ledger technology to mirror traditional financial systems but in a peer-to-peer manner. They use CREDITS (CS) token as a cryptocurrency within their system which serves as a utility.

It would seem to Credits that the financial sector is the only industry that is backward in terms of development and advancements but with blockchain technology, they believe they can change the way businesses are conducted on a day to day basis.

They don’t just want to do transactions on the blockchain, other cryptocurrency platforms which came before it are also into the transfer of such values, however, they want to make these processes faster and more reliable.

$0.081659

+99.8%

$0.163131

282/4324

by Safety

1610/4324

by Profit

How to buy Credits Token?

CS token is currently traded on 7 exchanges and the trades are with BTC, ETH, and USDT. There are also ongoing negotiations and discussion about listing it on Binance, which is also one of the most influential crypto trading platforms.

You can buy CS using any of the trade pairs but you would have to be sure that you have the specific cryptocurrency required by the exchange if not all three are currently accepted. Trading volumes, however, seem to favor trades with USDT, and this may also affect your purchase as it encourages liquidity, notwithstanding, other trades have fair liquidity also.

The CS token can be stored on any Ethereum wallet with ERC-20 compatibility. While the most convenient of them is the myetherewallet, Ledger Nano can also store the asset. They also have a web wallet where their coin and other coins can be stored.

XRP

LINK

ETH

ADA

ONT

VTHO

SALT

NEXO

CEL

ETH

ELA

ETC

BNB

WAVES

NXT

TRX

ANKR

SAFEMOON

ELONGATE

RUNE

SOL

ETC

BNB

ETH

ADA

CGLD

If you want to invest in CS token, you should definitely read through all their documentation to be brought to speed about the entire goals and objectives of the platform and especially their roadmap to know when it would be right to cash out your profits. They are simply adjusting the narrative for financial services to suit a more complex internet dependent era.

More so, there are some interesting things about the Credits project that attracts investors for long-term keep. Features such as the ability to process 1 million transactions per second and with only a maximum of 3 seconds to execute a single transaction. This does put them in a better spotlight than Bitcoin and Ethereum whose processing capacity is lesser and especially worse with Bitcoin with only an ability to process 7 transactions per second.

With the way cryptocurrencies are becoming popular these days, the load on every blockchain is becoming heavier with customers looking for easy, simple and secure platforms to do their internet transactions at a considerably high speed. Platforms like this are likely to stay ahead of others for their service type.

CS can also be used to make micropayments both locally and internationally which are not compatible features in many other cryptocurrencies and is a very crucial element to mass adoption.

Price dynamics so far has shown a healthy trading environment for CS which also suggests that the community has received it well to use it as a tradable asset and also as an instrument of value.

A more inferred conclusion from Credits analysis would simply be that they bring speed to the table and offering the entire industry a ray of hope for scalable preferences for financial transactions.

Moreover, they already have tested products, the alpha and pre-beta versions of their platform to show as proof of concepts which is more than can be said for most bogus ICO projects. Everything so far about the project is optimized to ensure that the technology is meet for a wholesome system of financial dependence.

In conclusion, we can all agree that one of the most outstanding issues concerning blockchain is scalability in terms of transaction pressure and speed and, feasible products and how much impact they have on the traditional models.

This project has so many future prospects as long as they continue on the path they have started on. As they continue to develop, it is almost certain that they would be among the few enterprises standing when all dust surrounding blockchain standardization has been settled.

Leave your comment

Comments (0)

In order to leave a comment
please enter the website

Login

Sign Up

Reset Password

Remind Username