This page contains everything you need to know about BENQI (QI) coin. It explains its creation, how it works, its uses, and provides official links for more information.
What is BENQI (QI)?
BENQI is a decentralized liquidity market protocol on Avalanche.
How Does BENQI (QI) Work?
BENQI allows users to lend and borrow digital assets on a decentralized platform. Users can provide assets as collateral to borrow or earn interest. It also lets users stake AVAX and use the tokenized version in DeFi apps. Interest rates adjust automatically based on demand. QI token holders can vote on protocol changes.
What is the BENQI (QI) Price?
The current price of QI is $0.02030885, with a 24-hour trading volume of $16.57 million. QI has decreased by 6.64% in the last 24 hours.
BENQI (QI) Price Prediction
The cryptocurrency market is not stable and changes every second. Additionally, cryptocurrency prices depend on many factors. The cryptocurrency market carries a high risk and high profit potential. If you want to earn high profits, you have to take risks. Therefore, when you want to buy any cryptocurrency, do your research, monitor the live status, and then make your decision.
Where to Buy BENQI (QI) ?
Binance is the most popular crypto exchange to buy QI tokens. Other popular options include Coinbase Exchange and BingX. Make sure to research each platform’s fees, security features, and user reviews before making a decision to ensure the best trading experience.
How to Trade BENQI (QI) ?
- Choose a Cryptocurrency Exchange: Select a cryptocurrency exchange that supports BENQI/QI trading pairs. Examples include Binance, Coinbase Pro, and BingX.
- Create an Account: Sign up for an account on your chosen exchange. Complete the verification process.
- Deposit Funds: Deposit funds into your exchange account.
- Find the QI Trading Pair: Once your account is funded, navigate to the trading section of the exchange. Search for the QI trading pair, for example, QI/BTC or QI/USDT.
- Place an Order: Decide on the type of order you want to place: market order (buy or sell at the current market price) or limit order (buy or sell at a specified price). Enter the amount of QI you want to buy or sell and review the order details.
- Execute the Trade: Once you are satisfied with your order details, execute the trade. Your order will be matched with existing orders on the exchange.
BENQI (QI) White Paper
The whitepaper is the most important document in a crypto project and serves as its blueprint. It explains the project’s aims, how it works technically, future plans, and introduces the team. You can view or download the Benqi white paper from the below.
BENQI (QI) Coin Tokenomics
- Seed Sale: 5.93%
- Private Sale: 12.07%
- Public Sale A: 6.10%
- Public Sale B: 0.90%
- Liquidity Mining: 45.00%
- Exchange Liquidity: 5.00%
- Treasury: 15.00%
- Team: 10.00%
Is BENQI (QI) a Good Investment?
Cryptocurrency investing is always high-risk, but investing in the best stablecoins can yield high profits. However, you must analyze the market, read the current status, and study the coin’s past behaviors. Always conduct a thorough analysis. Currently, it has gained 165% year-on-year. Monitor BENQI’s crypto bubble status.
You can get real-time updates on the Benqi coin from the top-rated Crypto Signals Telegram Groups.
BENQI (QI) User Reviews
I have listed Reddit and Quora user reviews, and you can explore more reviews by clicking the links below.
BENQI (QI) Official Links
Here are the official links related to: