eToro and Ziglu continue to add crypto coins
Find out about SKL and the other tokens newly available on crypto platforms eToro and Ziglu.
eToro and Ziglu have added new tokens to their offerings against the backdrop of the “crypto winter”.
eToro
The crypto social trading specialist eToro has added 3 more digital assets to its line-up.
BAND
BAND is the native token of the Band Protocol ecosystem, which is a cross-chain data oracle platform that takes real-world data and supplies it to on-chain applications. It also connects APIs to smart contracts to facilitate the exchange of information between on-chain and off-chain data sources.
BAND is used as collateral by validators and is the main means of paying for private data on BandChain.
OXT
OXT is that native token that powers the Orchid network, a peer-to-peer privacy tool designed to give users more control over their Internet connection. OXT can be used to pay for bandwidth or staked by bandwidth providers in order to list their VPN services to other Orchid users.
SKL
SKALE (SKL) is the native token that powers the Skale Network. Skale is designed to bring scalability to Ethereum by boosting transaction capacity and reducing latency. SKL grants a right to participate as a network validator or stake as a delegator. Token holders can also access a share of the network’s resources as a developer.
Ziglu
In the last instalment of its Two Token Tuesday promotion, Ziglu has also added Skale (SKL) to its app – alongside The Graph.
GRT
GRT is an Ethereum token that powers The Graph, an indexing protocol for querying data for networks like Ethereum and IPFS. GRT is used to ensure the integrity of the data secured within the network. Any user must stake GRT to perform their role. They can also then earn fees from the network.
*Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.
Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.
