API3 is a decentralized oracle platform that aims to provide secure and decentralized data feeds for Web 3.0 applications. An oracle is a service that connects on-chain smart contracts with off-chain data, allowing smart contracts to access data that is not stored on the blockchain.
API3 aims to solve some of the problems that exist with existing oracle solutions, such as centralization, lack of transparency, and reliance on third-party services. API3 accomplishes this by using a decentralized network of Airnodes, which are servers that act as oracle nodes.
Airnodes are operated by independent node operators who are compensated in API3 tokens for providing data to smart contracts. This incentivizes honest and accurate data reporting, as node operators have a financial stake in the accuracy of the data they provide.
API3 also uses a unique governance model where stakeholders can vote on proposals related to the platform's development and management. This allows for community-driven decision-making and ensures that the platform remains decentralized and transparent. Overall, API3 aims to provide a more secure and decentralized oracle solution that can be used by a wide range of Web 3.0 applications.
Where to buy API3 Token
You can find API3 Token here at CoinTR Exchange! We are listing API3/TYR on Spot Market!
What is the Price of API3
The price of the API3 token is $1.39 per unit. It has a market cap of $111,661,690 and a fully diluted market cap of $99,932,999. It also has a 24-hour trading volume of $39,227,354. You can check the live price of their token right here!
How to buy API3
Looking for a way to buy API3. You can purchase API3 on CoinTR following the steps:
1. Log in your CoinTR account and click [Markets]. Click on [Spot].
2. Search “API3” using the search bar to see the available trading pairs. Take API3/TYR as an example,click [Trade].
3.Go to the [Spot] box. Enter the amount of API3 you want to buy. You can choose from opening a Limit order or a Market order. Take Market order as an example. Click [Buy API3] to confirm your order. You will find the purchased API3 in your Spot Wallet.
Disclaimer: The views, thoughts, and opinions expressed in the article shall not be considered as investment advice and do not reflect the position of CoinTR, please use it at your own risk.