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Mina Protocol (MINA)

Purpose: Zero Knowledge (ZK)
Website: https://minaprotocol.com/
Coingecko Infos

Price for 1 MINA

0,000000 $

0,00 %

Rank: - Market Cap: 0,00 bn $

Mina Protocol is a blockchain protocol that uses advanced cryptography to create a lightweight, secure, and scalable network moreMina Protocol is a blockchain protocol that uses advanced cryptography to create a lightweight, secure, and scalable network. The protocol is designed to solve some of the most significant challenges facing the blockchain industry, including scalability, accessibility, and decentralization. Here are some of the potential benefits of Mina Protocol:

1. Scalability - Mina Protocol uses recursive zk-SNARKs to create a constant-sized blockchain that can be stored and verified in a matter of seconds. This approach ensures that the network can handle an infinite number of transactions, making it highly scalable.

2. Accessibility - As the world's first lightweight blockchain, Mina Protocol requires only 22kb to verify the entire blockchain history. This feature makes it accessible to a wide range of devices and networks, including mobile devices and low-end computers.

3. Decentralization - Mina Protocol is designed to be truly decentralized, with no central authorities or intermediaries controlling the network. This approach ensures that the network remains secure and transparent, even in the face of external threats.

4. Community Governance - The Mina Protocol is governed by a decentralized community that has a say in the network's development and decision-making through the MINA token. This approach ensures that the network is responsive to the needs and interests of its users.

The MINA token plays a vital role in the Mina Protocol ecosystem. It serves as the network's native currency, used to pay transaction fees and incentivize network participation. Additionally, MINA token holders have a say in the network's governance and decision-making, making them key stakeholders in the protocol's success.

Sources:

1. "Introducing Mina Protocol (formerly Coda Protocol)." Mina Protocol Blog. https://blog.minaprotocol.com/introducing-mina-protocol-formerly-coda-protocol/
2. "A beginner's guide to Mina Protocol." Decrypt. https://decrypt.co/76398/a-beginners-guide-to-mina-protocol
3. "Mina Protocol Whitepaper." Mina Protocol. https://minaprotocol.com/static/pdf/whitepaper.pdf (AI generated summary)

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Amount (optional) EUR

Payment methods:

Credit Card

Bank Wire

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Usability:

Mobile App

Beginner friendly

Easy crypto withdrawal

No KYC needed

Features:

Crypto Credit Card

Lending/Interest

DCA Service

Crypto Index

Stocks/ETFs

Many Coins

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Recommended

Recommended
Price

Biggest Exchange

Usability

90%

Features

95%

Fees

94%

Trust

74%

Support

73%

Biggest crypto exchange

Hundreds of cryptocurrencies
Low fees
many Features (Staking, Futures, Options, Margin trading...)
Ethereum Staking

for US customers use binance.us

Price for 1 MINA

0,747 $

Fees included

Number of Coins: 0 Payment methods:

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Usability

85%

Features

45%

Fees

100%

Trust

93%

Support

80%

Kraken is one of the longest running crypto exchanges

security proven over many years
Lightning integrated
many coins
low fees

unterstützt das Lightning Netzwerk

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OKX is one of the top exchanges world wide

Low fees
Long standing exchange (2017) with no hacks, security issues
Proof of Reserves & regular financial Audits

based in Seychelles, not available for US customers

Price for 1 MINA

0,748 $

Fees included

Number of Coins: 0 Payment methods:

Large crypto exchange with many coins

Up to 1 BTC withdrawal limit no verification required
Margin trading possible
SEPA deposit possible

No SEPA withdrawals (cryptocurrencies only)

Number of Coins: 0 Payment methods:

No KYC (below 10 BTC)

Usability

85%

Features

60%

Fees

89%

Trust

47%

Support

59%

Crypto Exchange without KYC (below 10BTC)

No KYC below 10BTC/day necessary
Many coins, new project listed fast
Usability (comparable to Binance)

credit card (max 10.000 dollar) only way to buy with dollar

Price for 1 MINA

0,772 $

Fees included

Number of Coins: 0 Payment methods:

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Usability

95%

Features

95%

Fees

83%

Trust

89%

Support

93%

Crypto.com is a crypto app with lots of services (trade, earn, credit card, DEFI,...)

simple app with lots of features
good physical credit card with cash back and added benefits
Defi integrations

Price for 1 MINA

0,748 $

Fees included

Number of Coins: 0 Payment methods:

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