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Exchange Conflux Network (CFX)

If you're looking to swap Conflux Network, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Conflux Network, or some fresh information about CFX’s price movements. And, of course, we provide you with multiple Conflux Network exchange options so that you can choose the offer with the best rates and lowest Conflux Network fees, as well as other parameters that suit you.

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Conflux Network Price Stats

To help you make a decision about exchanging your Conflux Network, we gathered some cold hard numbers: Conflux Network price chart and other stats, such as Conflux Network market cap.

CFX 24H HIGH

CFX 24H HIGH $0.22564419300006

CFX MARKET CAP

CFX MARKET CAP $1,220,594,266.347

CFX CIRCULATING SUPPLY

CFX CIRCULATING SUPPLY 5,502,096,914.232 CFX

CFX 24H LOW

CFX 24H LOW $0.21866050975889

CFX PRICE

CFX PRICE $0.22184165153281

CFX 24H VOLUME

CFX 24H VOLUME $22,957,618.63

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Conflux Network Price Chart

Here you can see the current price of Conflux Network, as well as Conflux Network price history.

What is Conflux Network?

The Conflux Network is a blockchain platform that has been gaining traction in the crypto sphere for its innovative approach to scalability and decentralization. Founded by a team of seasoned blockchain experts, including Turing Award winner Dr. Andrew Yao, Conflux Network made its debut on October 29, 2020. This project stands out for its unique consensus mechanism, known as Tree-Graph, which combines the efficiency of a DAG (Directed Acyclic Graph) structure with the security guarantees of Proof of Work (PoW) consensus.

Key Features of Conflux Network

  • The blockchain's architecture enables high throughput, with the capability to process thousands of transactions per second.
  • It prioritizes decentralization and security without compromising on performance, making it suitable for a wide range of applications.
  • Conflux Network is Turing complete, allowing for the execution of complex smart contracts.
  • Its compatibility with Ethereum's Virtual Machine (EVM) ensures seamless interoperability with existing Ethereum-based applications and tools.

Use Cases

  • Conflux Network is well-suited for decentralized finance (DeFi) applications, including decentralized exchanges (DEXs), lending protocols, and stablecoins.
  • It also caters to the needs of enterprise users seeking scalable and secure blockchain solutions for supply chain management, identity verification, and asset tokenization.
  • The platform's support for non-fungible tokens (NFTs) has sparked creativity in the digital art and gaming sectors, attracting artists and developers to explore new possibilities.

Security Maintenance, Upgrades, and Forks

Conflux Network employs a robust security protocol to safeguard the integrity of its blockchain, including regular security audits and bug bounty programs. The team is committed to continuous improvement, with periodic software updates and protocol enhancements aimed at optimizing performance and addressing emerging challenges. While Conflux Network has not undergone any major forks to date, its development roadmap includes plans for further protocol upgrades and feature enhancements to meet the evolving needs of its user base.

Recent developments and news include:

  1. In March 2023, Conflux Network partnered with a leading DeFi protocol to launch a cross-chain bridge, enabling seamless asset transfers between Conflux Network and Ethereum.
  2. June 2023 saw the introduction of a governance proposal system on Conflux Network, empowering token holders to participate in protocol decision-making.
  3. In September 2023, Conflux Network announced the integration of a layer 2 scaling solution, further enhancing the platform's transaction throughput and efficiency.
  4. December 2023 marked the launch of Conflux's decentralized exchange (DEX), providing users with a secure and efficient platform for trading digital assets.
  5. Most recently, in February 2024, Conflux Network unveiled plans for a strategic partnership with a major multinational corporation to explore blockchain-based solutions for supply chain management.

Average Fees on Conflux Network

Gas fees on the Conflux Network are known for their affordability, with the average transaction costing approximately 0.001 CFX, equivalent to roughly $0.0005 USD at current market rates. This low fee structure makes Conflux Network an attractive option for users seeking cost-effective blockchain solutions.

CFX Token Wallets

  • ConfluxPortal: The official browser extension wallet for Conflux Network, offering secure storage and easy access to CFX tokens.
  • Metamask: A popular Ethereum wallet that supports CFX tokens through custom network configuration.
  • Ledger Nano S/X: Hardware wallets known for their robust security features, compatible with CFX tokens via third-party integrations.
  • Math Wallet: A multi-chain wallet that supports CFX tokens along with a wide range of other cryptocurrencies.
  • Trust Wallet: A mobile wallet application offering support for CFX tokens, ideal for users seeking on-the-go access to their digital assets.

Ready to experience the speed and efficiency of Conflux Network? Swap your CFX tokens seamlessly on SwapSpace, the leading cryptocurrency exchange platform. Enjoy instant swaps at competitive rates with no hidden fees. Try it now and join the Conflux Network community today!

A Simple Way To Exchange Conflux Network Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 2600 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4
Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

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