Mina Protocol Token Trading Start
One of the most promising projects of this year, Mina Protocol, the lightest and most scalable blockchain, is confidently moving towards listing on even more crypto exchanges!
What is Mina
The Mina team has built a reliable gateway between reality and digital currencies, providing participants with an appropriate level of privacy and well-thought-out blockchain infrastructure.
While other protocols require intermediaries to manage the nodes, in Mina anyone can do quick sync by setting up a p2p connection. It is based on proof of constant size and even in the event of a significant increase in the user base and scaling, the blockchain will remain available.
With SNARK technology and Snapps, you can take control of the data yourself by verifying and providing proof of the data, not the data itself. Even when it comes to providing them to counterparties. Scalability is much easier, and computations require minimal costs since all logic and data processing is performed off-chain. Snapps also does not restrict you in the field of application, allowing you to confidentially interact with any web resource, gaining access to verified data for their further use on the network.
Already today, users of the Coinlist platform will be able to trade MINA tokens, and trading will be available on Coinlist Pro, Coinlist.co, and Coinlist Mobile if liquidity requirements are met.
Coinlist has been working with the Mina team since 2019, and in April 2021, a token sale was held on the platform, adding over 40,000 holders to the Mina community and raising 18.75 million in just 4 hours! The tokens will be distributed among these participants. As a reward, they will receive an annual interest rate of 24%.
Tomorrow, MINA tokens will also become available to users of one of the largest cryptocurrency exchanges, Kraken, as part of Kraken, Kraken Pro, and OTC services.
Trading starts: June 1st at 00:00 UTC
Available pairs: MINA/USD, MINA/EUR, MINA/GBP, and MINA/BTC
Trading low: 0.02 MINA
Minimum deposit: 1 MINA
Commissions: minimum 0.05 MINA per withdrawal and zero deposit commission
For creating a new address, the blockchain assumes a one-time payment of 1 MINA, and the amount of confirmations required before the deposit is credited is 15. The whole process takes no more than an hour.
This review is not an advertisement or a recommendation to action, but merely an informational one. The publisher and the author are not responsible for your decisions.