This page contains everything you need to know about Kaspa coin. It explains its creation, how it works, its uses, and provides official links for more information.
What is Kaspa?
Kaspa is a Proof-of-Work, open-source, decentralized Layer-1 blockchain. It utilizes Phantom’s GHOSTDAG protocol, an enhanced version of Nakamoto consensus. This protocol allows Kaspa to operate securely with high block rates and minimal confirmation times.
How Does Kaspa Work?
Kaspa uses a proof-of-work system with the k-Heavyhash algorithm, chosen for its compatibility with Photonic miners. Its unique monetary policy reduces coin emissions over time based on the 12-note music scale, the chromatic phase. This policy sets the number of coins minted per second, regardless of block rate. If the block rate changes, rewards adjust to keep emissions steady. Miners protect the network using Proof of Work to ensure its security.
What is the Kaspa Price?
( 6/03/24) – Latest update
KASPA’s current price is $0.14903, with a 24-hour trading volume of $6.73 million. In the past day, KASPA’s price increased by 7.05%, and its value has risen by 5.33% over the last week. With 23.82 billion KAS in circulation, KASPA’s market cap is $3.55 billion, showing a –% increase today. KASPA is ranked #25 in market cap.
For the live updates, you can check from the crypto.com website
Kaspa Price Prediction
We do not give any financial updates, and you should do your own research before buying any cryptocurrency, including Kaspa coin.
The latest release, Notcoin, saw a significant gain while some coins experienced substantial losses. Therefore, you cannot predict any coin’s ups and downs, and you should analyze the market before buying Kaspa coin.
You can get live data for Kaspa coin from popular cryptocurrency sites and crypto signal Telegram groups.
Where to Buy Kaspa?
At this time, you can buy Kaspa from the crypto exchanges.like MEXC, Bybit, KuCoin, and Gate.io websites. Kaspa coin is also listed on the Binance website, making it accessible on multiple platforms. Ensure you check these sites for the latest prices and conduct thorough research before making any purchase
How to Trade Kaspa?
Register on one of the sites where Kaspa coin is available and create an account by entering the necessary details.
Then deposit the funds
Then search KAS or KASPA
Place an Order: Choose the trading pair you want (e.g., KAS/USDT, KAS/BTC)
Execute the trade by waiting for your order to be filled at your desired price. You can choose to use market orders for immediate execution or set limit orders to specify the price.
Withdraw your funds once your trade is complete. You can transfer your Kaspa coins to your personal wallet for security, or keep them on the exchange for future trading.
Monitor the market by staying updated on market trends and news to make well-informed trading decisions.
Kaspa Coin Trading View
You can see the real-time trading data on the TradingView site.
Kaspa White Paper
If you’re unfamiliar with what a crypto white paper is, here’s a brief explanation: A white paper is a document that cryptocurrency startups use to educate and attract investors to participate in their initial coin offering (ICO).
You can view and download Kaspa White papar from here.
Kaspa Coin Tokenomics
23.82 billion KAS in circulation out of a maximum supply of 28.7 billion KAS. The market cap is $3.6 billion.
See the kaspa coin tokenomics from here
Is Kaspa a Good Investment?
Deciding if Kaspa (KAS) is a good investment depends on factors like its technology, team, community, market demand, competition, financials, market trends, and risks. Research these areas and consider your financial goals before investing.
In this article, we do not provide any financial advice, and you must conduct your own research before buying Kaspa coin.
Kaspa Scam or real
According to some YouTube videos, they report it as a scam coin. However, the Crypto Bubble ranks it 29th at the moment. Binance has still not listed Kaspa coin on its platform.
Kaspa User Reviews
According to the Cryptolist website,
Kaspa Coin received a rating of 9 out of 10.
Developers: 9.5 out of 10
Popularity: 8.5 out of 10
Reputation: 9 out of 10
Costs: 9.5 out of 10
Buzz: 9 out of 10
Turnover: 8.5 out of 10
Kaspa Official Links
Here are the official links related to: