Electra aims to be a metaphoric implication of electric currents; whereby they would use their platform to electrify the blockchain community with their efficiently fast and durable network service.
They have set the objective of providing a reliant transaction network with almost no notice of transaction fees, what this means is that unlike most blockchain based projects out there, which have high incurring transaction fees due to the network infrastructural implications, they would provide transaction services of transferring digital value across their network without the users having to pay for any hidden fees or charges.
Electra investment, like most blockchain transaction improvement networks, are opting in for a revolutionary internet of value ecosystem where the transfer of digital currencies can be as swift and manageable as possible.
The technological framework of the platform heavily relies on the proof of stake algorithmic consensus, whereby holders of the token can stake the coin in their wallet.
To buy Electra token is fairly tedious, the only challenge that may be faced here is if the buyer isn’t already registered on any of the 6 exchanges where the asset is being listed, or if they have none of the BTC, ETH, DOGE, LTC or USDT cryptocurrency in their wallet as at the time of trade; it, therefore, means they would have to register a new account or fund their exhausted wallets. Apart from these few challenges which may or may not occur, the trades should be smooth. More so, liquidity is mostly to the BTC trade pair on some of the exchanges followed by ETH.
As for the wallet options, there are custom blockchain wallets that can be used to store the asset away from the exchanges where they are currently being listed. More so, they are also in the process of developing their mobile wallet versions. In addition to this, they have paper wallets made available for clients who would be comfortable with this method of ensuring their tokens are secure.