What is Apollo Currency (APL)? Apollo Currency is a blockchain project established with an airdrop made available to NXT holders in early 2017. As Kriptokoin.com, we have answered the questions for you, such as what is Apollo Currency, what it offers, what is APL coin, what is it used for, how to get Apollo coin.
What is Apollo Currency (APL)?
Apollo Currency is a blockchain project that provides privacy-focused blockchain services. The native cryptocurrency of the project is APL coin. The project provides its users with services such as IP masking, smart contracts, asset system. The platform is built on the Hermes blockchain. The Apollo Foundation, which developed the project, aims to offer an all-in-one cryptocurrency with features equal to or better than all other cryptocurrencies on the market. The team aims to replace cryptocurrencies with similar features in the market with a single platform and cryptocurrency that combines all the good features.
The platform includes security and privacy-oriented systems and mechanisms such as pseudonyms, encrypted messaging and progressive transactions. The platform allows its users to participate in decentralized financial transactions and transact in a completely anonymous manner through its high-level privacy protocol. In addition, the project has a decentralized market called Decentralized. Services and products bought and sold through this market cannot be followed by anyone.
What is Apollo? What is APL coin used for?
Apollo (APL) is the native cryptocurrency of Apollo Currency. APL coin works with the Proof-of-Stake protocol. Inspired by the proven cryptocurrency NXT, the Apollo Foundation created the APL coin with the aim of creating an “all-in-one” cryptocurrency. This means that all services of the project are utilized with APL. Also, APL can be used as the platform’s governance token. Using Apollo (APL), users can vote on decisions on the future of the platform.
How to get APL coin?
Investors interested in the Apollo Currency project can invest in the Apollo token. Users who want to buy APL coin must first find an exchange where the token is listed. These exchanges include BitMart and DigiFinex. Users who are members of a listing exchange can purchase APL tokens by depositing funds into their wallets.