What does Coinbase custody mean?

Coinbase Custody balances safekeeping of private keys with easy online client access to holdings, allowing clients to both securely and actively participate in crypto networks . Custody services include the deposit and withdrawal of supported crypto assets into a custodial account as well as staking.

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What is XRD token?

Radix Token (XRD) XRD is the native token for the Radix Public Network . The Radix XRD token is a fixed supply token that is used to pay for transaction fees on Radix. All transaction fees on Radix are burnt, which creates a direct relationship between the frequency of token burn with the frequency of Network use.

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How many Algorand coins are there?

There is a hard supply cap of 10 billion ALGO coins, which is allocated as follows: 3 billion ALGO to be released into circulation over the first five years (including the initial auction of 25 million ALGO coins) 1.75 billion ALGO estimated to be distributed over time as rewards for participation nodes.

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How does Radix crypto work?

Radix has a native token, XRD, that holders can use to participate in the network’s Proof-of-Stake (PoS) consensus mechanism and earn inflation rewards . Radix’s current token, e-Radix or eXRD, is a placeholder ERC-20 token on Ethereum that will eventually be exchanged for mainnet XRD tokens.

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