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Edge
#1647 EDGE

Edge

-4.11%

$0.29436400

$11,971,115

Total Market Cap

59,715,295 EDGE

Circulating Supply

$37,777

24h Volume

$11,971,115

Total Market Cap

59,715,295 EDGE

Circulating Supply

$37,777

24h Volume

Technical analysis

Latest Signals

# Signal Exchange Type Age
Cryptocurrency Converter
Edge
EDGE
Edge
USD
USD
US Dollar

Edge can be found on the following exchanges

Logo Exchange Price Pair Spread 24h Volume
BitMart logo BitMart $0.43859 EDGE/USDT $0.01 $619,026
Coinbase Advanced logo Coinbase Advanced $0.43885 EDGE-USD $0.00 $5,742,915
Kraken logo Kraken $0.44168 EDGE/USD $0.00 $246,026

What is Edge (EDGE) Cryptocurrency?

Edge (EDGE) is a cryptocurrency designed to provide a decentralized solution for the blockchain ecosystem. EDGE serves as the native utility token within the Edge Network, which aims to create a distributed cloud infrastructure that leverages underutilized computing resources across the globe.

The Edge Network operates on a peer-to-peer architecture that transforms idle computing resources into a powerful, decentralized cloud. This innovative approach helps reduce the reliance on centralized data centers while offering enhanced privacy, security, and efficiency for various applications.

How Does Edge (EDGE) Work?

The Edge (EDGE) token powers a network that functions through a novel consensus mechanism combining aspects of both proof-of-stake and proof-of-work systems. The network consists of three primary node types:

  • Host Nodes: Devices that contribute storage and computing resources to the network
  • Gateway Nodes: Responsible for routing traffic and maintaining network connectivity
  • Staking Nodes: Support the network's security through token staking

EDGE transactions are processed through this distributed network, enabling faster processing times and reduced costs compared to traditional centralized systems. The token utilizes blockchain technology to ensure transparent and immutable record-keeping of all network activities.

Edge (EDGE) Staking and Mining

The Edge (EDGE) ecosystem supports both staking and contribution-based rewards that resemble traditional mining:

EDGE Staking

EDGE token holders can participate in network governance and earn passive income through staking. By locking their EDGE tokens in a staking wallet, users help secure the network and receive rewards proportionate to the amount staked and the duration of the stake. Staking not only generates returns but also allows token holders to have a voice in the network's development and future direction.

EDGE Network Contribution (Mining Alternative)

While EDGE doesn't employ traditional mining in the sense of solving complex mathematical problems, users can earn EDGE tokens by contributing computing resources to the network. This process entails:

  • Setting up a node on the Edge Network
  • Contributing storage, bandwidth, or computing power
  • Receiving EDGE tokens as compensation based on the resources provided and utilized

This resource-sharing model creates a more sustainable and environmentally friendly alternative to energy-intensive mining operations associated with many other cryptocurrencies.

What is EDGE Used For?

The EDGE token serves multiple functions within its ecosystem:

  • Payment for Services: EDGE is used to pay for computing resources, storage, and other services within the network
  • Governance: Token holders can vote on important network decisions and protocol upgrades
  • Staking Rewards: Users earn additional tokens by staking their EDGE
  • Network Security: The token provides economic incentives that help maintain the network's security and integrity
  • Developer Incentives: EDGE rewards developers who build applications and services on the network
Edge (EDGE) Token Distribution

When EDGE was launched, the token distribution was designed to ensure fair allocation and long-term sustainability of the project. The initial distribution typically included allocations for:

  • Public sale participants
  • Project development fund
  • Team and advisors (usually with vesting periods)
  • Community rewards and ecosystem growth
  • Strategic partnerships and reserve

This distribution model was implemented to prevent token concentration and encourage widespread participation in the network's growth.

Trading Edge (EDGE) with Cryptohopper

Edge (EDGE) can be traded on various cryptocurrency exchanges across the market. For those interested in automated trading strategies, Cryptohopper offers a sophisticated solution. Anyone can trade EDGE tokens efficiently using Cryptohopper's automated trading bot, which provides features like technical analysis, portfolio management, and backtesting capabilities.

The Cryptohopper platform allows traders to set up customized strategies for EDGE trading, enabling 24/7 market participation without requiring constant monitoring. This automation can be particularly valuable in the volatile cryptocurrency market, helping traders capitalize on EDGE price movements even while they sleep.

Additional Information About Edge (EDGE)

The Edge Network represents an important evolution in distributed computing, offering a more efficient alternative to traditional cloud services. By converting underutilized computing resources into a global cloud infrastructure, EDGE is pioneering a new approach to decentralized applications.

The project emphasizes privacy, security, and sustainability – key factors that increasingly drive adoption in the cryptocurrency space. As web3 technologies continue to evolve, EDGE positions itself at the intersection of blockchain innovation and practical utility.

For the latest updates on Edge (EDGE), including current market prices, development milestones, and partnership announcements, traders and investors should follow the project's official channels and conduct thorough research before making investment decisions.

Latest EDGE to USD price calculator

Below are the most popular denominations to convert to USD and back into EDGE

EDGE US Dollar
0.01EDGE 0.00USD
0.1EDGE 0.03USD
1EDGE 0.29USD
2EDGE 0.59USD
3EDGE 0.88USD
5EDGE 1.47USD
10EDGE 2.94USD
25EDGE 7.36USD
50EDGE 14.72USD
100EDGE 29.44USD
250EDGE 73.59USD
500EDGE 147.18USD
1000EDGE 294.36USD
10000EDGE 2,943.64USD
50000EDGE 14,718.20USD
100000EDGE 29,436.40USD
US Dollar EDGE
0.01 USD 0.03397155EDGE
0.1 USD 0.33971545EDGE
1 USD 3.39715454EDGE
2 USD 6.79430909EDGE
3 USD 10.19146363EDGE
5 USD 16.98577272EDGE
10 USD 33.97154543EDGE
25 USD 84.92886358EDGE
50 USD 169.85772717EDGE
100 USD 339.71545434EDGE
250 USD 849.28863584EDGE
500 USD 1,698.57727168EDGE
1000 USD 3,397.15454335EDGE
10000 USD 33,971.54543354EDGE
50000 USD 169,857.72716772EDGE
100000 USD 339,715.45433545EDGE

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