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EdaFace Newsfeed > Latest News > Community/Guest Post > Trade EDA, the Multi-Purpose Digital Coin, on AscendEX II
Community/Guest PostDeFi (Decentralized Finance)NFTs & Digital ArtOpinion & EditorialsTutorials & Guides

Trade EDA, the Multi-Purpose Digital Coin, on AscendEX II

Super Admin
Last updated: February 6, 2026 1:38 pm
3 hours ago
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Contents
1) DeFi Integration2) Peer-to-Peer Marketplace3) EdaFace Mall4) School of Cryptocurrencies (SOC)5) Real-Time Market Intelligence via EdaFace Newsfeed6) EdaFace Digital Clinic (Platform Coming Soon)7) Access to Exclusive KnowledgeBuying and Trading EDA on AscendEX

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!

You can click this link to access the six uses cases discussed earlier:

https://news.edaface.com/2026/02/03/trade-eda-the-multi-purpose-digital-coin-on-ascendex/

The remaining seven (7) key use cases are presented below

1) DeFi Integration

EDA Coin (abbreviated EDA) powers the payment of rewards and transaction charges within EdaFace’s decentralized financial (DeFi) lending and borrowing services.  EDA drives the DeFi engine on EdaFace DEX.

2) Peer-to-Peer Marketplace

EdaFace’s decentralized peer-to-peer (P2P) market allows buyers and sellers of digital assets to interact directly. EdaFace’s users can also advertise their digital assets on the platform and conduct trades with transparency and speed. All these interactions are facilitated using EDA.

3) EdaFace Mall

The EdaFace Mall is an e-commerce platform that connects the physical world to the digital market utilizing blockchain technology. Users can buy and sell products and services using EDA as the primary payment method.

4) School of Cryptocurrencies (SOC)

The School of Cryptocurrencies (SOC) is a part of the EdaFace Academy. It is the educational arm and a resourceful centre of the EdaFace ecosystem for anyone who desires to learn, generate, multiply and accelerate profits from the crypto market. The enrollment fee and all other financial transactions on the platform are paid using EDA.

5) Real-Time Market Intelligence via EdaFace Newsfeed

The Newsfeed is a part of the EdaFace ecosystem. It helps users stay ahead with real-time news delivered on crypto, blockchain, and Artificial Intelligence industries and the digital world. Project owners and writers can advertise on the Newsfeed by paying a small fee in EDA.

6) EdaFace Digital Clinic (Platform Coming Soon)

It is a health-technology platform currently in development, where EDA will serve as the sole medium for all interactions.

7) Access to Exclusive Knowledge

EdaFace Academy hosts a rich library that includes electronic books (e-books) and blockchain books (b-books). All materials are purchasable using EDA.

More utilities which will further solidify EDA’s role in shaping the future of digital finance are under development. Buying EDA is a strategic investment into a growing ecosystem that rewards early adopters.

Now that you’ve explored the remaining seven (7) use cases, what are you still waiting for? Don’t wait because 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:

  1. Start with registration on AscendEX

Watch how to register: https://youtu.be/XKx8nGHUxn8?si=oqIV15x7kl8p7u_G

  1. Then, deposit funds into your account

Watch how to deposit: https://youtu.be/If7XfU—Wc?si=ZsB8ov-QT-94NrcW

  1. 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!

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