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COINTURK NEWS > Altcoin News > How to Buy Ellipsis Coin?
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How to Buy Ellipsis Coin?

In Brief

  • Ellipsis (EPS) is the native token of the platform, providing value for liquidity providers and token holders.

COINTURK NEWS
COINTURK NEWS 2 years ago
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Ellipsis (EPS) is the native token of the platform, providing value for liquidity providers and token holders.

Contents
What is Ellipsis (EPS)?Where to Buy EPS Coin?

What is Ellipsis (EPS)?

Ellipsis (EPS) is a decentralized exchange on the Binance Smart Chain that allows for the trading of stablecoins with low slippage and minimal fees. Ellipsis is an authorized fork of Curve, and CRV holders have the right to receive 25% of the token supply from weekly airdrop events over a year. EPS is the native token of Ellipsis on BEP20. EPS offers various services to its users, including liquidity, staking, and airdrop rewards. Liquidity providers earn EPS tokens as rewards when they stake their LP tokens. The rewarded EPS tokens enable users to earn a share of the platform’s transaction fees. Alternatively, users can exit early with a 50% early exit penalty before their EPS lock-in period ends. Staking rewards are obtained by staking tokens. The staking pool receives transaction fees and penalty income from EPS holders who exit the reward pool early. There is no mandatory lock-in for the staking pool. Transaction fees are distributed to users holding an EPS balance, who begin to receive a portion of the transaction fees generated by the protocol. Trading fees are equally divided between liquidity providers and EPS stakers.

Airdrop rewards: Ellipsis distributes 25% of the total EPS supply via airdrop to Curve DAO members and CRV holders. Currently, Ellipsis supports trading in BUSD, USDC, and USDT. However, more trading pairs will be activated in the near future.

Where to Buy EPS Coin?

EPS Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. As of now, Ellipsis Coin is actively traded on the Binance platform in the EPS/BTC, EPS/BUSD, and EPS/USDT trading pairs. At the time of writing, EPS is trading at $0.38.

 

To purchase Ellipsis Coin on Binance, you need to register on the platform. After completing the registration, you can transfer cryptocurrency or fiat currency to your account wallet. Once the balance transfer is complete, you can proceed with the purchase. EPS Coin can be bought through any of the three trading pairs mentioned above. To purchase EPS using the USDT pair, go to the EPS/USDT interface. In this interface, specify the amount in the limit section and enter the “Buy EPS” order. This order will complete the purchase.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 25 June, 2024 - 10:00 pm 25 June, 2024 - 10:00 pm
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