EDA, the native utility coin of the EdaFace Ecosystem, has multi-functional use cases, which collectively power the EdaFace Ecosystem. It is also important to note that as EdaFace continues to grow and evolve, new opportunities for using the coin will continue to emerge.
As a buyer/trader, it is important to understand the various ways you can use EDA Coin. While six (6) key use cases will be highlighted below, keep in mind that there is more. The rest will be presented soon. But for now, take a moment to explore the six ways you can start using your EDA today.
(1). Platform Access:
EDA Coin (abbreviated EDA) allows users and traders to engage with the EdaFace Listing Platforms, including Spot, Derivatives, DEX, and Trending listings.
(2). Blockchain Literature Transactions:
With a small transaction fee paid in EDA, users can publish books, songs, videos, and other creative works on the EdaFace Blockchain Literature platform.
(3). NFT Marketplace Transactions:
EdaFace Ecosystem features a multichain NFT marketplace with the ability to transfer NFTs across chains. Transactions such as deposits, withdrawals, airdrops, and offers are all carried out using EDA as a means of minimal fee charges, thus, adding further value to the coin.
(4). Launchpad Transactions:
The EdaFace Launchpad supports presales, Initial Coin Offers (ICOs) and other forms of project crowdfunding as well as digital equity sales. All interactions on the Launchpad are powered by EDA.
(5). Staking & Rewards:
EDA can be staked and is also used to distribute rewards for yield farming and liquidity mining on the decentralized exchange, EdaFace Dex.
(6). Trading Fees:
EdaFace Dex supports spot and derivatives trading, including futures, options, and synthetics. More importantly, EDA is used to pay transaction fees for these activities.
Now that you’ve explored the first six use cases, don’t wait—if you haven’t already, this is a great time to get your hands on some EDA.
EDA on AscendEx
Did you know that EDA has been live on AscendEx since June 12, 2025? You can now buy EDA on this global exchange. Below are the ways and links to
First Step: Register on AscendEx.
See a video on “How to Register an Account on AscendEx”
https://youtu.be/XKx8nGHUxn8?si=oqIV15x7kl8p7u_G
Second Step: Deposit into Your AscendEx Account.
See a video on “How to Deposit on Your AscendEx”
https://youtu.be/If7XfU—Wc?si=ZsB8ov-QT-94NrcW
Third Step: Trade with Your AscendEx Account.
See a video on “How to Buy and Sell on Your AscendEx”
https://www.youtube.com/watch?v=nskJlHq_Kg8
For more information:
Send an email to EdaFace Admin at support@edaface.com
To interact directly with EdaFace Admin via EdaFace social media platforms, click the links below.
Global Telegram: https://t.me/EdaFace_Global_Community
Twitter: https://twitter.com/EdaFace_office
WhatsApp Group: