What is Litentry Coin
Litentry Coin is a decentralized identity linking module based on Polkadot Coin. With Polkadot‘s framework technology, substrate-based identity verification is the key to Litentry. Currently, Decentralized Identity, DID has a credit rating system so that identity information can be verified immediately.
In the early days of digital identity authentication technology, it took a long time to collect identity information with the existing systems on the blockchain. Also, there were many issues on verifying exact identity due to errors occurring in the process of the verification.
Thankfully, Litentry aids in accurately collecting blockchain parts and identifying them correctly. It also provides an environment for easy-to use financial information identifying systems for smart devices and PCs.
In addition, those who hold the Litentry Coin will obtain the right to vote for governance, and institutions that verify identity will be able to use Litentry Coin as a fee.
Who founded Litentry Protocol?
Litentry was developed by Hanwen Cheng. He is a developer of a number of software and has a high level of knowledge about full stack and blockchain coding. Hanwen, who learned about the existence of blockchain in 2015, moved to Berlin a year later and started coding himself. Subsequently, he became the Vice President of Jingtum Blockchain, where he became a part of a global project.
Recently, he took an important position in the Genesis Space project. Hanwen believes that with the development of the fourth industry, plastic ID cards will disappear, and most will be transformed into digital identification systems.
We Coin-Labs provides only objective information about Litentry Coin.
Therefore, we are not responsible for the investment decision in Litentry Coin and the resulting loss.
Litentry Coin Basics
The primary characteristics of Litentry Coin are as follows.
| Cryptocurrency Features | Litentry Coin (LIT) |
|---|---|
| Publisher or Developers | Litentry (CEO.Hanwen Cheng) |
| Jurisdiction of Incorporation (Registration Number) | EU |
| Symbol | LIT |
| Platform | ETH |
| Published Date (CMC Registration) | 2020-09-01 |
| Max Supply | 100,000,000 LIT |
Investment Suitability of Litentry Coin in 2023
The results of the Litentry Coin investment suitability evaluation conducted by Coin-Labs are as follows.
| Investment Suitability Rating Items | Scores and Current Status |
|---|---|
| Company Activation Rate | 8.3 / 10.0 CAR |
| Communication Rate | 2.1 / 10.0 CR |
| Technology Transparency Rate | 1.4 / 10.0 TTR |
| Development Participation Rate | 5.0 / 10.0 DPR |
| Listing Status on the Top 4 Exchanges in Korea | Listed on 1 Exchanges |
| Listing Status on the World's Top 10 Exchanges | Listed on 3 Exchanges |
| Number of Available Pairs Worldwide | 54 Pairs |
| Market Cap of the Cryptocurrency | 52,526,471,320 KRW (Rank #415) |
The table above shows the result of investment suitability evaluation for Litentry Coin.
More descriptions about the rating items can be found here.
Litentry Coin Price
The price and recent trading volume of Litentry Coin are as follows. (Data of 2023-01-27 16:50:24)
| Price Items | Price and Trading Volume of Litentry Coin |
|---|---|
| Litentry Coin Price | 1,325.777 KRW |
| Price Change 24h | -6.09% |
| Price Change 7d | 24.61% |
| Trading Volume 24h | 73,661,931,501 KRW |
| Trading Volume Change 24h | 81.06% |
Cryptocurrency Metadata
You can check the development status and social media information of Litentry Coin through the links in the table below.
| Metadata Source | URL |
|---|---|
| 🌎 Official Website | |
| 📖 White Paper | |
| 🛰️ Source Code (GitHub) | |
| 🎺 Message Board |
Korean Crypto Exchanges where Litentry Coin is Listed
Korean crypto exchanges where Litentry Coin is listed in 2023 are as follows.
| Top4 Exchanges | Listed Status | Page URL |
|---|---|---|
| Upbit | Not listed | |
| Coinone | Listed | https://coinone.co.kr/exchange/trade/lit/krw |
| Korbit | Not listed | |
| Bithumb | Not listed |
World Crypto Exchanges where Litentry Coin is Listed
World crypto exchanges where Litentry Coin is listed in 2023 are as follows.
| Top10 Exchanges | Listed Status | Page URL |
|---|---|---|
| Binance | Listed | https://www.binance.com/en/trade/LIT_BTC |
| Huobi | Not listed | |
| Coinbase | Listed | https://pro.coinbase.com/trade/LIT-USD |
| FTX | Not listed | |
| Kraken | Not listed | |
| KuCoin | Listed | https://trade.kucoin.com/LIT-USDT |
| Bitfinex | Not listed | |
| Bithumb | Not listed | |
| Gate.io | Not listed | |
| Bitstamp | Not listed |
Frequently Asked Questions
What is the current price of Litentry Coin?
Litentry Coin price today is 1,325.777 KRW. Furthermore, the price of Litentry Coin has fluctuated by -6.09% from 24 hours ago, and by 24.61% from a week ago.
Where is Litentry Coin listed?
Currently, it is listed on a total of 1 among the 4 largest exchanges in Korea, and is listed on a total of 3 among the world top 10 exchanges.
What is the market cap of Litentry Coin now?
Currently, Litentry Coin has a market cap of 52,526,471,320 KRW, which is ranking 415 among cryptocurrencies worldwide.
How much is the trade volume of Litentry Coin?
Currently, 39,619,383 LIT coins are circulating through 54 market pairs. As a result, in the last 24 hours, 73,661,931,501 KRW of LIT coins were traded in the market.
