Launched in September 2023, EURO Token (EUROT) is an asset-backed token redeemable 1:1 for 1 euro. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by euro on the blockchain at a 1:1 ratio and indexed to the price of EUR. For every EUROT created, an equivalent amount of EUR is held as collateral in the company's reserves. EUROT provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike fiat euro transaction limits in the market, there are no minimum transaction limits for EUROT. EUROT transactions are executed instantly and any amount of EUROT tokens can be converted to fiat currencies, ensuring quick and efficient transactions. EUROT is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As the demand for EUROT tokens increases, Token Teknoloji Anonim Şirketi will add the equivalent amount of euros to its reserves for each EUROT token upon request from institutions wishing to meet their demand. This ensures that the 1:1 ratio between euro and EUROT is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of EUROT tokens from circulation when needed, ensuring a balance between EUROT and the euro. Thanks to this mint-and-burn mechanism, the price of EUROT is always in equilibrium with the price of the euro.
Daily trade volume is 2,242.12 USD.
The Token Teknoloji A.Ş. EURO price today in USD is 1.098. Through the Token Teknoloji A.Ş. EURO price history, the price ranges from 1.21 USD (all time high) to 1.051 USD (all time low). Token Teknoloji A.Ş. EURO price last 24 hours fluctuated from 1.098 USD (24h high) to 1.074 USD (24h low).
Check the Token Teknoloji A.Ş. EURO value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.token.com.tr/en/reserve-tokens/euro-token-eurot/
Block explorers: https://avascan.info/blockchain/c/address/0x14Eb40fb7900185C01ADC6a5b8ac506d8a600e3c/token https://polygonscan.com/token/0x14eb40fb7900185c01adc6a5b8ac506d8a600e3c
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Token Teknoloji A.Ş. EURO live price may differ in various exchanges. Check EUROT real-time data to make informed decisions.
You can buy Token Teknoloji A.Ş. EURO on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell EUROT at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Token Teknoloji A.Ş. EURO trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Token Teknoloji A.Ş. EURO and trade with REVENUEBOT in less than a second.
In short, only if the current value of Token Teknoloji A.Ş. EURO will be less than the value of Token Teknoloji A.Ş. EURO at the moment of selling in the future. The Token Teknoloji A.Ş. EURO chart can only assist the Token Teknoloji A.Ş. EURO value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Token Teknoloji A.Ş. EURO value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the EUROT supply. Check the Token Teknoloji A.Ş. EURO live chart to see the current supply and predict how long it will take for the coins to run out.
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