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Libra Price (LIBRA)
Libra (LIBRA) Chart
Libra (LIBRA) Return On Investment(ROI)
What is Libra (LIBRA)
Libra cryptocurrency is a native coin as part of the open-source blockchain protocol, the Libra Blockchain, a consortium spearheaded by Facebook, the social media company. It was earlier dubbed as the FacebookCoin or the GlobalCoin. The initial plan for Libra is to start off as a permission system called the Libra Association in which the validators are large institutions such as Visa, Mastercard, Paypal, Ebay, Coinbase, Lyft, Uber, and more. The objective of this project is to transform the digital economy by bringing financial technology and banking services to the global population particularly the unbanked. The Libra coin at this juncture will be a stable currency, backed by multiple stable assets such as bonds and national fiat currencies. It will be however not be peg to a specific national currency such as USD stablecoins that we are accustomed with. It will use the proof-of-stake consensus based on the BFT (Byzantine Fault Tolerant) algorithm; in which it will support smart contracts like Ethereum. The Libra blockchain testnet will be launched at the end of 2019, and the mainnet will be deployed by 2020.
Libra (LIBRA) Community
- FaceBook: https://www.facebook.com/LibraAssociation/
- Twitter: https://twitter.com/libra
Libra FAQ
What is the price of Libra coin?
CoinCarp does not currently have price data for Libra as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Libra is live on an exchange, CoinCarp will provide real-time Libra coin prices from different exchanges.
Is Libra coin a good investment?
It depends on your personal risk tolerance and investment goals. Libra is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Libra investing, you will also need to understand the Libra project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy Libra coin crypto?
CoinCarp's tracking data suggests that the Libra is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase Libra from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for Libra.
How to short Libra coin?
According to CoinCarp's tracking data, no crypto exchange yet supports Libra contracts or ETF trading. so you can't short Libra
What will Libra coin be worth in 5 years?
It is impossible to predict what Libra will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Libra's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Libra 5 years from now.
LIBRA Price Statistics
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