urus token 9

Aurox Token Price, Chart, Market Cap, URUS Coin Essentials

As highlighted above, the unused assets of a user are automatically staked, which gives double profit to the end-user. They can earn rewards from staking as well as an increase in the price of their tokens. This feature is an attractive point for crypto users and potential investors as well. It gives a promise of double rewards and possibly many users will sign up on the Aurox platform because of this feature, causing a surge in the price of the URUS token. For first-time users, Aurox is a great platform as it provides discounts of up to 50%. This urus token is a huge amount and many platforms don’t offer this luxury.

It is an aggregated match making engine which allows users to log into the Aurox Terminal and place orders on over 10 exchanges with a single account. In essence, Aurox Trade integrates directly into your favorite exchanges, such as Binance and Bitfinex, and executes trades on your behalf through our proprietary trading engine. Traders will be able to receive the lowest fees, lowest slippage and the deepest liquidity. Our platform is unique in that it sources liquidity for supported margin assets by borrowing directly from our DeFi lending platform, Aurox Lend. Whereas the order book liquidity on Aurox Trade is generated from our integration into multiple centralized exchange partners.

Aurox (URUS) Price

• To see more analysis and outlook, please check the Aurox Token price prediction page.
• It provides an intuitive user interface, advanced security features, and a wide variety of trading options for both novice and experienced traders.
• It is an aggregated match making engine which allows users to log into the Aurox Terminal and place orders on over 10 exchanges with a single account.
• One is trading fees – 0.15% of every trade value is charged from makers and takers, and margin fees – 10% of margin fee is charged from the fee paid by the borrowers.

A private note (up to 100 characters) can be saved and is useful for transaction tracking. A contract address hosts a smart contract, which is a set of code stored on the blockchain that runs when predetermined conditions are met. The table above shows the number of days which Aurox closed above a certain price level. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.

Testing my new hot wallet on a live phishing site

• Among all the assets available on CoinStats, these have the most similar market capitalization to Aurox.
• A fee is automatically calculated by the platform every four (4) hours the margin position is held and is deducted automatically from a trader’s posted collateral.
• The first recorded exchange rate in our base is $14.40.
• This is one of the big, if not the biggest advantage that Aurox holds over other DeFi platforms.
• Not only are the interest rates high, but the Aurox platform is also a great place for margin traders as mentioned above.
• Additionally, the platform offers low fees and fast transaction times which make it ideal for day traders who need quick execution of trades.

Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. After the token’s launch on Feb 28, 2021, on the Ethereum platform, over 2,099 wallets have acquired URUS, with a recorded total of 19,972 successful token transactions to date. The first recorded exchange rate in our base is $14.40. Compared to today’s exchange rate, URUS cryptocurrency price is down by -96.17% so, An investment of $100 now would have been worth $3.83. Over the past 7 days, Urus Token has gained 0.00%, underperforming the overall crypto market which posted a 0.80% gain. This indicates a temporary lag in URUS’s price action relative to the broader market momentum.

Specifically, the reserve pool shall contain a target of approximately 5% of the total assets locked on the Aurox Lend. Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses. Aurox’s goal is to massively simplify crypto trading and help all crypto traders make trading decisions with more confidence.

Urus Token (URUS) is widely available on centralized and decentralized cryptocurrency exchanges. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised. Vast background in marketing, software development, and cryptocurrencies with the aim of converting Aurox into the most popular trading terminal in the crypto world. One is trading fees – 0.15% of every trade value is charged from makers and takers, and margin fees – 10% of margin fee is charged from the fee paid by the borrowers. Should the value of the collateral in relation to the borrowed assets diverge by 15% or more, a margin call will be issued requiring the trader to increase the amount of collateral posted.

Users who hold URUS tokens on the exchange wallet are eligible for certain trading discounts on the platform. In the first year, users will receive a 50% discount rate, which will decrease to 25% in the second year, 15% in the third, and 10% in the 4th year. A fee is automatically calculated by the platform every four (4) hours the margin position is held and is deducted automatically from a trader’s posted collateral. The margin lending rate varies according to the cryptocurrency borrowed.

Aurox Lend users can receive their interest earnings in URUS tokens. If a user chooses to be rewarded in URUS tokens, their yield will be increased by 20% until the reserve is depleted/exhausted. The interest rate reserve also has a 10% allocation of all URS tokens which will be used for lending purposes on Aurox Lend.

If the value diverges by 25% or more, a Liquidation Event occurs resulting in the collateral being sold and the borrowed position closed. The lowest price for one URUS coin is $0.167, recorded in February 2022, approximately 3 years ago. Your private keys are encrypted and never leave your device. A serial entrepreneur, Taras has vast experience with affiliate and ecommerce companies.