
EDA Coin (also known as EDA) is the native utility coin that powers the EdaFace ecosystem. EDA has multi-functional use cases that collectively power the EdaFace Ecosystem. As EdaFace advances, new use cases for the coin will continue to emerge.
EDA Coin currently has 13 multi-functional use cases which will be explored now. These use cases are the reasons you should have some EDA to your name! While six (6) key use cases will be explored now, keep in mind that there is more to be explored in another article.
1. Platform Access:
EDA Coin 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, creating the path way to financial freedom.
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! This is a great time to get your hands on some EDA.
Buying and Trading EDA on AscendEX
To purchase and trade EDA on AscendEX, a centralized exchange offering spot, futures, and staking services, here is how to go about it in three simple steps:
- Start with registration on AscendEX
Watch how to register: https://youtu.be/XKx8nGHUxn8?si=oqIV15x7kl8p7u_G
- Then, deposit funds into your account
Watch how to deposit: https://youtu.be/If7XfU—Wc?si=ZsB8ov-QT-94NrcW
- Start trading EDA
Watch how to buy and sell: https://www.youtube.com/watch?v=nskJlHq_Kg8
Proceed to buying EDA on AscendEX using this link:
https://ascendex.com/en/cashtrade-spottrading/usdt/era
For more information:
Send an email to EdaFace Admin at [email protected].
Need to Contact Someone?
Global Telegram: https://t.me/EdaFace_Global_Community
Twitter: https://twitter.com/EdaFace_office
WhatsApp Group: https://chat.whatsapp.com/KDChMXcZv2K46XRmFKRrb1
Buy EDA on AscendEX today and be part of the future of digital finance!
