API3 on UEEx:Trade & Buy
API3 is the native utility token of the API3 project, which focuses on creating decentralized APIs (dAPIs) that connect real-world data to smart contracts and decentralized applications (dApps). This token enables governance within the API3 DAO and facilitates secure and efficient data feeds from first-party data providers.
What is API3 Coin?
API3 is the native token of the API3 project, which aims to build decentralized APIs (dAPIs) that connect blockchains with real-world data. The project focuses on creating first-party oracles where API providers operate their own oracles, eliminating intermediaries and providing more secure and reliable data feeds.
How is API3 Unique?
API3 is unique in its approach to solving the oracle problem by enabling API providers to operate their own oracles directly, rather than relying on third-party oracle services. This first-party oracle model reduces trust assumptions and potential points of failure while providing more transparent and accountable data feeds.
History of API3
API3 was founded in 2020 by Heikki Vanttinen and other former Chainlink team members. The project launched with the goal of creating a more decentralized and transparent oracle ecosystem. The API3 token was distributed through a public sale and liquidity mining programs in late 2020.
How Does API3 Network Work?
API3 operates through Airnode, a first-party oracle that allows API providers to easily connect their APIs to blockchain applications. The network uses a decentralized governance model where API3 token holders can vote on protocol decisions and manage the treasury. The platform also features insurance coverage for oracle failures through its decentralized insurance protocol.
Market Cap of API3 Network
API3 typically maintains a market cap between $100-400 million, positioning it as a mid-cap oracle and infrastructure project.
API3 Price Tracker
Benefits of Trading and Buying API3 on UEEx
Lowest Fees in the Market
Trade API3 with some of the most competitive fees, allowing you to maximize your returns.
Deep Liquidity Pools
Benefit from ample liquidity, enabling you to execute trades at the best possible prices.
Intuitive, Secure, and Reliable Platform
Our user-friendly interface ensures a seamless and efficient trading experience for all skill levels, while our robust security measures, including multi-factor authentication and cold storage.
Advanced Trading Tools
Leverage our exclusive trading features and tools, such as customizable charts, real-time market data, and risk management options, to enhance your API3 trading strategies and make informed decisions.
Copy Trading Functionality
Take advantage of our innovative copy trading feature, which allows you to automatically mirror the trades of successful API3 traders, benefiting from their expertise and strategies without the need for constant market monitoring.
Unlimited Sending and Receiving Addresses
Create and manage an unlimited number of sending and receiving addresses within your UEEx account, providing you with unparalleled flexibility and convenience in managing your API3 transactions.
24/7 Customer Support
Our dedicated support team is available round the clock to assist you with any questions or concerns related to buying, selling, or trading API3 on UEEx, ensuring that you have a smooth and hassle-free experience.
Easy Withdrawal Options
Withdraw your funds seamlessly after selling API3, with support for various payment methods like bank transfer, credit/debit card, or crypto wallet, and low withdrawal fees.
Unlimited Sending and Receiving Addresses
Create and manage an unlimited number of sending and receiving addresses within your UEEx account, providing you with unparalleled flexibility and convenience in managing your 1INCH transactions.
How to Buy API3 on UEEx
Step-by-Step Guide to Purchasing API3
1
Sign up for a UEEx account
2
Navigate to the 'Markets' section and select API3
3
Choose your desired trading pair (e.g., API3/USDT) and Enter the amount you wish to buy or sell
4
Confirm the transaction details and execute your trade
5
Trade Pairs for API3 and also Trade API3/USD on UEEx
Selling API3 on UEEx
Maximize Your Returns with Flexible Selling Options
Limit Orders
Set your desired selling price and have your order automatically executed when the market reaches your target.
Market Orders
Sell your API3 instantly at the best available market price for immediate liquidity.
Stop-Limit Orders
Minimize potential losses by setting a stop price, triggering a limit order when the stop price is reached.
Trailing Stop Orders
Sell API3 dynamically with a trailing stop order that adjusts according to price fluctuations, locking in profits while limiting downside risk.
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FAQs about API3 on UEEx
The minimum trading amount for API3 on UEEx is 10 API3 tokens.
You can deposit funds via bank transfer, credit/debit card, or by transferring crypto from another wallet.
UEEx offers some of the lowest trading fees in the market, at just 0.09%. Higher trading volumes qualify for further fee reductions.
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API3 enables API providers to operate their own oracles using Airnode, allowing them to serve their data directly to blockchain applications without intermediaries, increasing security and reducing costs.
Airnode is a first-party oracle that API providers can deploy with minimal setup to connect their APIs to blockchain applications, requiring no blockchain knowledge or cryptocurrency holdings.
API3 features a decentralized insurance protocol where dAPI users can purchase coverage against oracle failures, with claims processed through the decentralized governance system.