List of Streamr (DATA) coin issuance and listed trading platforms

Streamr DATA is widely available for trading on centralized exchanges like Binance, Coinbase, and Kraken, as well as decentralized exchanges, providing traders with ample liquidity and flexibility.

Jan 03, 2025 at 10:02 am

List of Streamr (DATA) Coin Issuance and Listed Trading Platforms

Key Points:

• Coin Issuance: Streamr DATA launched with a supply of 960 million tokens, with 50% released to the public during the initial coin offering (ICO).
• Trading Platforms: DATA is listed on various exchanges, including Binance, Coinbase, and Kraken, providing ample liquidity and accessibility to traders.
• Centralized Exchanges: Streamr DATA can be traded on centralized exchanges that provide a regulated and user-friendly environment for buying and selling tokens.
• Decentralized Exchanges: DATA is also available on decentralized exchanges (DEXs), allowing for peer-to-peer trading without intermediaries.
• Cross-Chain Compatibility: Some DEXs support cross-chain trading, enabling DATA holders to trade across different blockchain networks.

Coin Issuance

• Total Supply: 960 million DATA tokens were initially minted, with 50% allocated to the public ICO.
• Token Distribution: The remaining 50% of tokens are distributed among the Streamr team, advisors, and ecosystem development fund.
• Vesting Schedule: A portion of the team and advisor tokens are subject to vesting periods to ensure long-term commitment to the project.
• Token Use Cases: DATA is primarily used to reward contributors who provide data to the Streamr network, staking for governance participation, and paying for access to premium features.
• Governance: DATA holders participate in the Streamr governance process by voting on proposals and electing delegates to represent their interests.

Listed Trading Platforms

Centralized Exchanges

• Binance: Binance is one of the largest and most popular cryptocurrency exchanges globally, offering a wide range of trading pairs for DATA.
• Coinbase: Coinbase is a leading US-based exchange known for its user-friendly platform and high security standards.
• Kraken: Kraken is a well-established exchange that provides a robust trading platform with advanced features.

Decentralized Exchanges

• Uniswap: Uniswap is a popular DEX that allows for automated token swaps on the Ethereum network.
• KyberSwap: KyberSwap is a decentralized exchange aggregator that integrates multiple DEXs to offer the best rates for DATA trading.
• dYdX: dYdX is a hybrid exchange that combines the functionality of a DEX with the features of a centralized exchange, providing advanced order types and low latency.

Cross-Chain Compatibility

• Binance DEX: Binance operates a separate decentralized exchange that supports trading between different blockchain networks.
• THORChain: THORChain is a cross-chain DEX that enables direct token swaps between various blockchains.

FAQs

• Can I buy DATA directly with fiat currency?

  • Yes, some centralized exchanges allow direct purchases of DATA with fiat currencies like USD and EUR.

• What is the liquidity of DATA on different exchanges?

  • The liquidity of DATA varies across exchanges depending on the trading volume and order book depth. Binance and Coinbase typically have higher liquidity.

• Is it safe to trade DATA on decentralized exchanges?

  • DEXs generally have smart contract risks, so it's important to research and verify the security measures of each platform before trading.

• Can I stake DATA to earn rewards?

  • Yes, you can stake DATA to support the Streamr network and earn rewards in the form of additional DATA tokens.

• How can I participate in Streamr governance?

  • To participate in governance, you need to hold DATA tokens and vote on proposals or delegate your voting power to a representative.