Exchange Electra Protocol
If you're looking to swap Electra Protocol, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Electra Protocol, or some fresh information about XEP’s price movements. And, of course, we provide you with multiple Electra Protocol exchange options so that you can choose the offer with the best rates and lowest Electra Protocol fees, as well as other parameters that suit you.
Electra Protocol price chart
Here you can see the current price of Electra Protocol, as well as Electra Protocol price history.
Electra Protocol price stats
To help you make a decision about exchanging your Electra Protocol, we gathered some cold hard numbers: Electra Protocol price chart and other stats, such as Electra Protocol market cap.
24H HIGH $0.0002233236207
MARKET CAP $3 876 690.009159818
CIRCULATING SUPPLY 18 210 952 799.592384 XEP
24H LOW $0.00019201941025
XEP PRICE $0.00021287683582
24H VOLUME $57 762.6321590718
What is Electra Protocol?
What is Electra Protocol (XEP)?
Electra Protocol (XEP) is a decentralized, open-source blockchain platform designed for instant, secure, and low-cost transactions. Launched on January 1, 2021, by a team of volunteers collaborating since 2017, Electra Protocol aims to revolutionize digital payments and programmable money.
Electra Protocol project milestones
- January 2021: Mainnet launch — Electra Protocol's blockchain goes live, introducing a proof-of-stake consensus mechanism.
- May 2022: Release of XEP Pro Wallet — Launch of the feature-rich desktop wallet supporting staking and enhanced user experience.
- Autumn 2021: Introduction of Wrapped XEP (WXEP) — Creation of WXEP on the Binance Smart Chain to expand accessibility.
- December 2021: Enhanced block explorer release — Deployment of an improved block explorer for better transparency and user interaction.
- February 2025: Wrapped XEP on Solana — Expansion of WXEP to the Solana blockchain, increasing interoperability.
Stay updated with the latest Electra Protocol (XEP) news, as any update may significantly affect the XEP price.
Tokenomics of XEP
Electra Protocol's native coin, XEP, operates on its proprietary proof-of-stake blockchain. XEP is primarily used for transactions and paying minimal gas fees within the network. It also facilitates staking, allowing holders to support network security and earn rewards. The total supply is capped at 30 billion XEP, with approximately 18 billion currently in circulation. Electra Protocol (XEP) exchange platforms enable users to trade XEP efficiently.
Key features of Electra Protocol (XEP)
Electra Protocol distinguishes itself through several unique attributes that enhance its functionality and appeal:
- Instant transactions — Processes transactions worldwide within 1 to 2 seconds.
- Near-zero fees — Average transaction costs are approximately 0.0002 XEP, equating to around $0.0000002.
- Proof-of-stake consensus — Utilizes a distributed PoS mechanism, offering 3% annual staking rewards.
- Cross-chain compatibility — Supports wrapped XEP (WXEP) on Binance Smart Chain and Solana for broader accessibility.
These features contribute to the network's efficiency, security, and adaptability.
Use cases
- Digital payments — Enables fast and secure transactions for goods and services.
- E-commerce integration — Facilitates cryptocurrency payment solutions for online retailers.
- Supply chain tracking — Utilized for product traceability in logistics and manufacturing.
- Decentralized finance (DeFi) — Supports staking and liquidity provision through WXEP tokens.
The average fees on the Electra Protocol Network
Electra Protocol boasts exceptionally low transaction fees, averaging about 0.0002 XEP per transaction. With XEP priced at approximately $0.001, this translates to roughly $0.0000002 per transaction. Such minimal fees enhance the attractiveness of Electra Protocol (XEP) exchange services.
The XEP token wallets
Electra Protocol offers a variety of wallets to cater to different user preferences:
- XEP Pro Wallet — A feature-rich desktop wallet for Windows, Mac, and Linux, supporting staking and enhanced security.
- XEP Mobile Wallet — A convenient mobile wallet for managing XEP on the go.
- Ledger Hardware Wallet — Provides secure cold storage for XEP holdings.
- Trezor Hardware Wallet — Another hardware wallet option offering robust security features.
- WXEP Wallets — For managing wrapped XEP tokens on compatible networks.
Experience seamless and efficient Electra Protocol (XEP) swaps on SwapSpace. Take advantage of competitive exchange rates and user-friendly services to exchange Electra Protocol effortlessly today.
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A simple way to exchange Electra Protocol here at SwapSpace
Choose a pair
To help you make a decision about exchanging your XEP, we gathered some cold hard numbers: XEP price chart and other stats, such as XEP 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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