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What is Xend Finance (XEND) coin and how does it work?

by Financial Economy

Xend Token ($XEND) is the currency of the Xend finance network, which powers a decentralized savings and multi-level interest generation protocol built on Ethereum. With the Xend token, participants can earn rewards, take part in management and stake. In this article, you can find answers to questions such as what is Xend Finance (XEND) coin, how it works, how to get it, which exchange is available on, etc. You can browse here for information about Nebulas (NAS) coin.

What is Xend Finance (XEND) coin and how does it work?

The Xend Finance(XF) smart contract is a decentralized credit union protocol that makes it possible to save, lend, borrow and invest in stable currencies Credit Union, Esusu and individual savings. Xend Finance is characterized as a decentralized finance platform that provides services for credit unions, cooperatives or individual users.

The Xend Finance platform enables crypto lovers to get cross-chain yield farming services. The platform is able to offer this service by utilizing the Binance smart chain and Polygon infrastructure. Among the future goals of the project is the option to associate the platform with more infrastructure. In addition, the project team plans to develop an open source second-level infrastructure for the convenience of developers.

The cryptocurrency of the Xend Finance platform is the XEND token. The Xend token is essentially built on the Ethereum (ETH) blockchain. Later, the Xend Finance team decided to migrate this entire system to Binance Smart Chain (BSC). In this way, the Xend Finance platform has turned into a platform with scalability, high speed and high level of security. Xend Finance is powered by Google and Binance.

Xend Finance founders!

Xend Finance was founded in 2021 by Aronu Ugochukwu and Abafor Chima.

Which exchange is XEND coin on?

Xend Finance coin is listed on some cryptocurrency exchanges such as Gate.io, MEXC, PancakeSwap (V2), Jubi, AscendEX (BitMax), etc.

How to buy XEND coins?

Xend Finance coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

XEND token supply!

Total supply of Xend Finance token is 200.000.000 units.

XEND token price!

As of February 3, 2023, at the time of the writing, 1 Xend Finance coin price is around $0,025 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

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