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Conflux Network Price in India (CFX)

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CFX to INR Converter

As per last price at 00:00:00, 01/01/70

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CFX

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CFX Performance

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CFX Market Information

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CFX Price Today

The live price of Conflux Network is ₹ 0 per (CFX / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. CFX to INR price is updated in real-time. Conflux Network is +0% in the last 24 hours with a circulating supply of .

About Conflux Network (CFX)

What is Conflux (CFX)?

Conflux is a spectacular blockchain platform designed to counter the issues faced by blockchain, also known as the blockchain trilemma. It uses a unique consensus mechanism called the Tree-Graph algorithm, which enables high transaction speeds and scalability without compromising security. The network is powered by its native token CFX which plays a vital role in the network’s ecosystem.

Who founded Conflux (CFX)?

Conflux (CFX) was founded by Dr. Andrew Yao in 2018 in his research lab at Tsinghua University. 

Primary features of Conflux (CFX)

• Tree-Graph consensus mechanism: The network uses the Tree-Graph, a consensus mechanism that optimizes security and scalability, ensuring high throughput and efficiency without compromising on decentralization.

• CFX token: CFX token plays an important role in maintaining the Conflux ecosystem with utilities like gas for transaction fees transaction, incentivizing network participants, rewarding stakers, and governance.

• Interoperability: Conflux supports cross-chain interoperability with ShuttleFlow, a cross-chain asset bridge built on Conflux that enables seamless communication between different blockchain networks.

• High transaction speed: The network offers high transaction speed, supporting up to 3,000 transactions per second (TPS) at a low cost. Conflux offers minimal transaction fees, ensuring cost-effective operations for users and developers.

Is CFX a promising cryptocurrency?

CFX has shown strong potential since its initial days and has positioned itself as a top crypto. The Conflux network caters to traders interested in projects with unique technological features and strong use cases. The token has a total supply of CFX is 5.07B tokens and holds an all-time high of $1.70 recorded on March 27, 2021. As of November 2024, CFX ranks #111 in the overall market with a market cap of $706.23M. The token is estimated to be worth $1.73 by 2030, making it a promising crypto.

To invest in CFX, download the CoinSwitch app.

How do I use CFX?

• CFX can be bought and sold from a crypto exchange like CoinSwitch to leverage the price fluctuations.

• The token is used to incentivize users for their contribution to the network upkeep.

• The Conflux network also rewards stakers with a fixed rate of 4%.

• CFX token holders hold voting rights and can participate in the network governance.

Pros & Cons of Conflux (CFX)

Pros

• Conflux is one of the few blockchain projects officially approved for development in China.

• Conflux offers low transaction fees, making it suitable for traders of all levels.

• The platform fosters a strong ecosystem supporting DeFi, NFTs, and enterprise blockchain solutions.

Cons

• CFX is subject to market volatility which may impact its price.

• Conflux’s competitors include other high-performance blockchain networks such as Solana, Avalanche, and Polygon.

• The project has yet to hit the mainstream and faces challenges in attracting developers and users.

How to trade Conflux (CFX) on CoinSwitch?

• To trade Conflux (CFX) on CoinSwitch, download the app. 

• Users can start trading in CFX with just ₹100.

• CoinSwitch offers a secure and friendly environment for trading in cryptos like CFX.

Conflux (CFX) ICO summary

Conflux (CFX) Initial Coin Offering (ICO) was held in October 2018, when CFX tokens were sold for $0.10 per token, raising about $35 million. The project received significant support from private investors, including Sequoia China, DWF Labs, HTX Ventures, and other prominent venture capital firms. Of the 5.07B total supply of CFX tokens, 40% is reserved for the ecosystem fund, 36% for the genesis team, 12% for private equity investors, 8% for the community fund, and 4% for foundation holdings.

Bitcoin Resources

1. How do I buy Conflux Network?
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To buy Conflux Network, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find Conflux Network.

Step 3:

Once you find Conflux Network and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of Conflux Network?
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The price of 1 Conflux Network is ₹0.

Note: Conflux Network prices are subject to change in the future based on market trends.

3. What is the price of Conflux Network today?
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The current price of 1 Conflux Network is ₹0.

Note: Conflux Network prices are subject to change in the future based on market trends.

4. Can I buy Conflux Network for ₹100?
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Yes! You can buy Conflux Network for as low as ₹100 on the CoinSwitch app.
5. How much is 1 Conflux Network in rupees?
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The current value of 1 CFX is ₹0.
6. What is the current trend in Conflux Network?
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CFX has been NaN% in the last 24 hours.

CFX to INR Converter

As per last price at 00:00:00, 01/01/70

INR

CFX

TRADE CFX NOW

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.