Exchange Flare
If you're looking to swap Flare, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Flare, or some fresh information about FLR’s price movements. And, of course, we provide you with multiple Flare exchange options so that you can choose the offer with the best rates and lowest Flare fees, as well as other parameters that suit you.
Flare price chart
Here you can see the current price of Flare, as well as Flare price history.
Flare price stats
To help you make a decision about exchanging your Flare, we gathered some cold hard numbers: Flare price chart and other stats, such as Flare market cap.
24H HIGH $0.01934096603931
MARKET CAP $1 941 593 580.356857
CIRCULATING SUPPLY 103 435 697 018.50545 FLR
24H LOW $0.01859117648985
FLR PRICE $0.01877102041483
24H VOLUME $978 796.995554714
What is Flare?
What is Flare (FLR)?
Flare (FLR) is a crypto project launched to provide smart contracts for token communities integrated into its network, primarily focusing on the decentralized finance sector. Founded by Hugo Philion and Sean Rowan, Flare officially launched in July 2020. The Flare (FLR) swap mechanism within its ecosystem encourages efficient asset management.
Flare project milestones
- July 2020: Flare Network's mainnet launch, marking the beginning of its operations.
- December 2021: Integration with the XRP Ledger, broadening its interoperability scope.
- June 2022: Introduction of Flare Time Series Oracle (FTSO), enhancing the accuracy of price data.
- February 2023: Launch of the State Connector, enabling data from other chains to be cross-verified on Flare.
- September 2023: Expansion to support Ethereum Virtual Machine (EVM), attracting developers from the Ethereum ecosystem.
Stay updated with the latest Flare (FLR) news, as any update may significantly affect the FLR price.
Tokenomics of FLR
Flare (FLR) is built on its own blockchain, addressing critical gaps in the DeFi space by offering smart contract capabilities and cross-chain functionality. As a native utility token of the Flare network, FLR is used for governance, transaction fees, and incentivization. The total supply is set at 100 billion FLR tokens, with Flare (FLR) exchange activities playing a crucial role in price stability and liquidity.
Key features of Flare (FLR)
Flare (FLR) stands out by offering a robust and versatile infrastructure that integrates seamlessly with various blockchain networks. These unique features are essential to its growing reputation:
- Interoperability: Connects with blockchains like XRP Ledger and Ethereum to enable seamless transactions.
- Flare Time Series Oracle (FTSO): Provides decentralized price and data feeds essential for DeFi applications.
- Smart Contracts: Empowers developers with EVM compatibility, enabling complex applications on Flare.
- State Connector: Facilitates the accurate transfer and validation of information across different blockchains.
Flare (FLR) also boasts versatile use cases such as:
- Decentralized Finance (DeFi): Supports lending, borrowing, and trading activities within its ecosystem.
- Data Provision: Through FTSO, supplies reliable data for various decentralized applications.
- Governance: Token holders participate in network decision-making processes.
- Cross-Chain Transactions: Seamlessly connects and powers transactions across multiple blockchain networks.
The average fees on the Flare Network
The average transaction fee on the Flare Network is approximately $0.001, making it a cost-effective option for users looking to engage in multiple transactions. For real-time Flare (FLR) exchange rates and to understand more about how to swap Flare (FLR), the network ensures transparency and efficiency.
The FLR token wallets
- Ledger Nano S: A hardware wallet offering high security for storing your FLR tokens offline.
- MetaMask: A popular web wallet that connects seamlessly with dApps on Flare Network.
- Atomic Wallet: Provides a secure, feature-rich application for managing FLR tokens across devices.
- Trust Wallet: A mobile wallet that allows easy access and transaction management for FLR.
- Exodus: A desktop and mobile wallet known for its user-friendly interface and multi-currency support, including FLR.
Start exploring the potential of Flare by visiting SwapSpace, where you can conveniently swap Flare and discover or compare the latest Flare (FLR) prices. Benefit from the user-friendly Flare (FLR) converter and currency converter tools available, making your trading experience smooth and intuitive.
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A simple way to exchange Flare here at SwapSpace
Choose a pair
To help you make a decision about exchanging your FLR, we gathered some cold hard numbers: FLR price chart and other stats, such as FLR market cap.
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.
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!
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.
Frequently asked questions
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