$ 0.1399 USD
$ 0.1399 USD
$ 51.948 million USD
$ 51.948m USD
$ 23.823 million USD
$ 23.823m USD
$ 97.455 million USD
$ 97.455m USD
280 million CETUS
Issue Time
2023-05-11
Platform pertained to
--
Current price
$0.1399USD
Market Cap
$51.948mUSD
Volume of Transaction
24h
$23.823mUSD
Circulating supply
280mCETUS
Volume of Transaction
7d
$97.455mUSD
Change
24h
0.00%
Number of Markets
58
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
+9.12%
1Y
+168.28%
All
+7.77%
Aspect | Information |
---|---|
Short Name | CETUS |
Full Name | Cetus Protocol |
Founded Year | 2018 |
Main Founders | Unknown |
Support Exchanges | Binance:,Coinbase:,Kraken,eToro,Bitfinex |
Storage Wallet | Desktop Wallets,Mobile Wallets,Web Wallets,Hardware Wallets,Paper Wallets |
Cetus Protocol (CETUS) is a type of cryptocurrency that uses blockchain technology. Founded in 2018, Cetus aims to bridge the gap between encrypted digital currencies and traditional financial systems. It functions on the Ethereum platform and employs a decentralized approach to provide users with transparency and utility within its mechanisms. Cetus works to offer users opportunities to earn, borrow and pay on an easy-to-use interface that is designed to be intuitive. As with any cryptocurrency, investing in Cetus comes with a range of benefits and risks, which potential users should fully understand before deciding to use this specific type of digital currency.
Pros | Cons |
---|---|
Utilizes blockchain technology | Relative Newcomer (Founded in 2018) |
Ethereum based protocol | Market volatility |
Decentralized approach | Dependent on the stability of the Ethereum platform |
Offers users opportunities to earn, borrow, and pay | Risks associated with digital currency investments |
Intuitive, easy-to-use interface | (This information is required from the user) |
Pros of Cetus Protocol (CETUS):
1. Utilizes Blockchain Technology: Blockchain technology is a type of distributed ledger technology that stores data across multiple systems in a way that allows for unchangeable records. It brings about a layer of trust and accountability which is beneficial in financial transactions.
2. Ethereum Based Protocol: Being built on the Ethereum platform allows for the integration of smart contracts. Smart contracts are self-executing contracts where the terms are directly written into code. This adds another layer of trust and automation in transactions.
3. Decentralized Approach: Decentralization is a key component of cryptocurrencies. It removes the need for middlemen, allows for more control and ownership of one's financial activities, and ensures a level of transparency.
4. Offers User Opportunities: Cetus Protocol allows users opportunities to earn, borrow, and pay. This provides versatility and functionality to users.
5. Intuitive, Easy-to-use interface: An intuitive user interface decreases the learning curve for users and makes it more user-friendly.
Cons of Cetus Protocol (CETUS):
1. Relative Newcomer: Being founded in 2018, Cetus may still be in the process of establishing its credibility and trustworthiness. As with all investments, there are risks associated with newer entities.
2. Market Volatility: Like all cryptocurrencies, Cetus is subject to market volatility. Price fluctuation can make investment risky.
3. Dependence on Ethereum: Being based on Ethereum means that any vulnerabilities or changes in the Ethereum platform will affect Cetus.
4. Risks associated with Digital Currency Investments: There are inherent risks in digital currencies. These include technological, regulatory, and security risks.
Cetus Protocol (CETUS) brings several innovative features to the table that set it apart from some other cryptocurrencies. Firstly, it aims to serve as a bridge between traditional financial systems and digital currencies, which can potentially increase tethering opportunities between these two financial domains, and promote wider acceptance and integration of digital currencies within conventional financial infrastructures.
Additionally, this cryptocurrency succeeded in creating an intuitive user interface, reducing the technical barriers for users who are new to the world of digital currency, making the transition smoother and more comfortable.
One more distinctive feature of Cetus Protocol is its commitment to providing diversified financial services beyond simply transferring or storing value. Cetus allows users to earn, borrow, and pay within one system, which could increase utility and potential applications for the digital currency.
However, it's worth noting that, like all Ethereum-based protocols, Cetus is subject to the stability of the Ethereum platform. Any changes or vulnerabilities in Ethereum would also have an impact on Cetus. Also, like all cryptocurrencies and digital investments, Cetus is subject to market volatility, which poses a risk to investors.
According to CoinGecko, the current circulating supply of Cetus Protocol (CETUS) tokens is 80 million CETUS.This means that there are 80 million CETUS tokens that are currently available for trading and use on the Cetus Protocol. The remaining 920 million CETUS tokens are locked in various reserves, such as the team reserve, ecosystem reserve, and marketing reserve.The circulating supply of CETUS tokens is expected to increase over time as more tokens are released from the reserves. However, the exact rate at which the circulating supply will increase is not yet known.
The Cetus Protocol (CETUS) operates using blockchain technology, specifically within the Ethereum platform. This means that it leverages the Smart Contracts feature of Ethereum, essentially computer programs that facilitate, verify, or enforce the negotiation or performance of a contract, thereby allowing automated, decentralized financial transactions.
Cetus serves as a bridge between traditional financial systems and the digital economy marked by encryption and decentralization. This suggests that Cetus aims to create synergy between these different systems, fostering a more inclusive financial ecosystem.
Furthermore, the protocols interface is designed in a way that users can easily manage their financial activities, including earning, borrowing, and paying. This suggests a focus on enhancing user experience and broadening the usability of blockchain technologies and cryptocurrencies.
It's essential to keep in mind that, as with all cryptocurrencies, Cetus relies on a decentralized network. This decentralization is supposed to provide more transparency, but it also means that the protocol relies on the community and the quality of the code for governance and security.
Finally, as is common with such cryptocurrencies, the token's value within this system is typically influenced by factors such as supply and demand, the utility of the system, and market sentiments. As always, these factors should be taken into consideration when contemplating any blockchain-related interaction or transaction.
Here are some exchanges where Cetus Protocol (CETUS) may be available for trading. However, please verify independently as this information may change over time.
1. Binance: Known for its comprehensive selection of cryptocurrency pairs, Binance may list CETUS among its tradable assets. It supports a wide array of tokens and numerous currency pairs.
2. Coinbase: As a widely recognized cryptocurrency exchange, Coinbase could potentially list CETUS. They support an array of token pairs and have currency pair options with major currencies like USD, EUR, and GBP.
3. Kraken: Kraken is known for offering a diverse range of cryptocurrencies for trade. If CETUS is listed, it could probably be paired with popular cryptocurrencies like BTC, ETH, or fiat currencies like USD and EUR.
4. eToro: eToro might offer CETUS for trading, given its reputation for supporting a broad array of cryptocurrencies. Traders on eToro often have the option to pair tokens with major fiat currencies and other cryptocurrencies.
5. Bitfinex: A large and comprehensive exchange, Bitfinex supports an extensive array of token pairs. If CETUS is listed on their exchange, it likely offers numerous opportunities for trading pairs.
Please note that availability on these platforms should be verified by users as this can change based on various factors. Fees, trading conditions, and KYC (Know Your Customer) requirements also vary per platform. It is recommended to research and ascertain this information on the respective exchanges' official websites or contact their customer support.
Cetus Protocol (CETUS) is an Ethereum-based token, and as such, it can be stored in any wallet that supports ERC-20 Tokens. The type of wallet you choose to store your CETUS tokens can depend on your needs and the level of security you require. Below are some wallet options:
1. Desktop Wallets: These are software applications that you can download and install on your computer. Examples include Exodus or Atomic Wallet. These wallets often come with a user-friendly interface and offer a reasonable level of security.
2. Mobile Wallets: These are essentially apps on your smartphone where you can store your tokens. Examples could include Trust Wallet or Coinbase Wallet. They usually offer convenience as you can access your tokens anytime and anywhere.
3. Web Wallets: These are online platforms accessible through a web browser, and you do not need to install anything. MyEtherWallet is an example. While they provide easy access, their online nature might make them more susceptible to cyber threats.
4. Hardware Wallets: These are physical devices that store your tokens offline, providing the most secure way to store your tokens. Examples include Ledger and Trezor. They are recommended for significant amounts of tokens, but they can be costlier than other options.
5. Paper Wallets: These are an extremely secure form of wallet where the Public and Private keys are printed on a sheet of paper, which are then stored offline. They are immune to cyber threats, but losing the paper could mean losing access to your tokens.
Please note that it is essential to ensure that whatever wallet you decide to use is up-to-date and from a reputable source to protect your tokens from security threats. Also, always remember to backup your wallets to protect your tokens in the event of device failure.
Buying Cetus Protocol (CETUS) may be suitable for a wide range of individuals, depending on their financial goals and understanding of the cryptocurrency market.
1. Crypto Enthusiasts: Those who have a keen interest in the world of cryptocurrency and are always looking to diversify their digital asset portfolio might be interested in CETUS.
2. Tech Savvy Individuals: People who are technologically literate and are interested in new technologies, specifically blockchain and decentralized finance, may consider investing in CETUS, as it is a crypto that incorporates these elements.
3. Long-term Investors: Those looking for long-term investments and have a positive outlook on the future of cryptocurrencies might consider CETUS.
4. Risk Tolerant Individuals: Given the inherent volatility and unpredictability of the value of cryptocurrencies, those considering buying CETUS should have a high tolerance for risk.
At the same time, here are some professional advice for those who want to buy CETUS:
1. Do Your Research: Thoroughly research Cetus Protocol (CETUS) and understand its purpose, uses, and potential for growth. Look into its whitepaper, its team, the problem it is trying to solve, and its future plans.
2. Understand the Risks: Cryptocurrencies are susceptible to high price volatility. It is crucial to understand the risks involved in investing in CETUS and ensure it aligns with your risk appetite.
3. Only Invest What You Can Afford to Lose: Given the volatile nature of cryptocurrencies, you should never invest more money than youre willing to lose.
4. Utilize Secure Storage: If you decide to purchase CETUS, ensure you have a secure method of storage in place, such as hardware wallets.
5. Monitor the Market: The value of CETUS can be influenced by a variety of factors. It could be beneficial to keep an eye on the market trends, news, and social chatter to make informed decisions.
Remember that all investments carry risk and should be undertaken with caution. It is always recommended to consult with a financial advisor before making investment decisions.
Cetus Protocol (CETUS) is an Ethereum-based cryptocurrency that was established in 2018. It aims to bridge the gap between digital currencies and traditional finance, offering an easy-to-use platform where users can participate in various financial activities such as earning, borrowing, and paying. Its intuitive interface and commitment to providing versatile financial services separate Cetus from many other cryptocurrencies. Being relatively new and operating in a highly volatile market, Cetus carries both risks and benefits for investors.
The potential of CETUS is dependent on several factors, including its technological development and the acceptance and adoption of its platform among the broader audience. The cryptocurrency market as a whole is constantly evolving, and the future success of CETUS will be influenced by how well it can adapt and innovate in a dynamic and competitive environment.
As with any investment, the opportunity for CETUS to appreciate and generate financial returns depends largely on market conditions and the specific strategies of individual investors. It's crucial for potential investors to thoroughly research and understand the inherent risks and challenges associated with investing in cryptocurrencies before making a decision. The price of cryptocurrencies is often highly volatile, and while this can provide opportunities for significant returns, it can also lead to substantial losses.
Q: What is the core technology behind Cetus Protocol (CETUS)?
A: Cetus Protocol operates on blockchain technology based on the Ethereum platform, employing Smart Contracts for automated, decentralized transactions.
Q: In which year was the Cetus Protocol (CETUS) launched?
A: Cetus Protocol (CETUS) was established in the year 2018.
Q: What unique features does Cetus Protocol (CETUS) offer its users?
A: Apart from its ease-of-use interface, Cetus Protocol also provides a multitude of financial services such as earning, borrowing, and paying within a single ecosystem.
Q: How reliant is the Cetus Protocol (CETUS) on the Ethereum platform?
A: As an Ethereum-based protocol, any changes, vulnerabilities, or updates to the Ethereum platform directly impact Cetus Protocol.
Q: In the world of cryptocurrency, who are generally the primary buyers of Cetus Protocol (CETUS)?
A: Crypto enthusiasts, technologically savvy individuals, long-term investors, and those with a high tolerance for risk are usually the main purchasers of the Cetus Protocol.
Q: Can Cetus Protocol (CETUS) be considered a safe investment?
A: Like all cryptocurrencies, investing in Cetus Protocol comes with its risks due to price volatility and the general unpredictability of the crypto market; therefore, it's vital to conduct thorough research and consider your financial circumstances before investing.
Q: What type of wallets could be used for storing Cetus Protocol (CETUS)?
A: As Cetus Protocol (CETUS) is an Ethereum-based token, it can be stored in any wallet that supports ERC-20 Tokens which includes desktop, mobile, web, hardware, and paper wallets.
Q: Where can I buy Cetus Protocol (CETUS)?
A: While individual platforms should be checked for the latest information, exchanges such as Binance, Coinbase, Kraken, eToro or Bitfinex may potentially list CETUS.
Q: What is the potential development prospect for Cetus Protocol (CETUS)?
A: The future of Cetus Protocol lies within its ability to adapt and innovate in a continually evolving market, and its success will also be influenced by factors like technological development, audience adoption, and market conditions.
Q: Is it possible to make a profit or witness an appreciation from a Cetus Protocol (CETUS) investment?
A: The chance for financial returns or appreciation from a Cetus Protocol investment is contingent on various factors including market conditions and individual investor strategies; remember that all investments carry a degree of risk.
Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.
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