Myro coin total circulation and introduction to online exchanges

Myro Coin's total circulation stands at 500 million tokens, distributed among circulating supply, team and advisors, marketing and development, and reserve holdings.

Dec 30, 2024 at 09:34 am

Myro Coin Total Circulation and Introduction to Online Exchanges

Key Points:

• Myro Coin's total circulation
• Major online exchanges that support Myro Coin
• Trading pairs available for Myro Coin
• Fees and KYC requirements of each exchange
• Advantages and disadvantages of using each exchange

Myro Coin's Total Circulation

Myro Coin (MYRO) has a total circulation of 500 million tokens. The token distribution is as follows:

• 50% - Circulating supply
• 25% - Team and advisors
• 15% - Marketing and development
• 10% - Reserve

Major Online Exchanges That Support Myro Coin

• Binance
• Huobi Global
• KuCoin
• Gate.io
• OKEx

Trading Pairs Available for Myro Coin

• MYRO/USDT
• MYRO/BTC
• MYRO/ETH

Fees and KYC Requirements of Each Exchange

Binance

• Trading fees: 0.1% (maker), 0.1% (taker)
• KYC requirements: Optional

Huobi Global

• Trading fees: 0.2% (maker), 0.2% (taker)
• KYC requirements: Optional

KuCoin

• Trading fees: 0.1% (maker), 0.1% (taker)
• KYC requirements: Optional

Gate.io

• Trading fees: 0.2% (maker), 0.2% (taker)
• KYC requirements: Optional

OKEx

• Trading fees: 0.15% (maker), 0.15% (taker)
• KYC requirements: Mandatory

Advantages and Disadvantages of Using Each Exchange

Binance

• Advantages:

  • Largest cryptocurrency exchange by trading volume
  • High liquidity
  • Supports a wide range of trading pairs

• Disadvantages:

  • KYC requirements may deter some users
  • Trading fees can be high

Huobi Global

• Advantages:

  • Second largest cryptocurrency exchange by trading volume
  • High liquidity
  • Supports a wide range of trading pairs

• Disadvantages:

  • Not as user-friendly as Binance
  • Trading fees can be slightly higher than Binance

KuCoin

• Advantages:

  • Supports a wide range of altcoins
  • Lower trading fees than Binance and Huobi
  • No KYC requirements for most users

• Disadvantages:

  • Lower liquidity than Binance and Huobi
  • Not as well-known as Binance and Huobi

Gate.io

• Advantages:

  • Supports over 1,000 cryptocurrencies
  • Low trading fees
  • No KYC requirements for most users

• Disadvantages:

  • Lower liquidity than Binance and Huobi
  • UI can be confusing for new users

OKEx

• Advantages:

  • High liquidity
  • Supports a wide range of trading pairs
  • Low trading fees

• Disadvantages:

  • KYC requirements
  • Can be difficult for new users to navigate

FAQs

What is the difference between a maker and a taker?

• A maker is a trader who places a limit order that adds liquidity to the order book.
• A taker is a trader who places a market order that removes liquidity from the order book.

What are KYC requirements?

• KYC (Know Your Customer) requirements are a set of regulations that require exchanges to collect certain personal information from their users.
• This information typically includes name, address, date of birth, and government-issued ID.

Why is it important to choose a reputable exchange?

• A reputable exchange is one that is secure, transparent, and has a good reputation.
• Choosing a reputable exchange is important to protect your funds and personal information.