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![Open Custody Protocol](https://img.bitgetimg.com/multiLang/coinPriceLogo/4a0c592dd44ed30c675c0688f606e1171710349501005.png)
Open Custody Protocol priceOPEN
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About Open Custody Protocol(OPEN)
What is Qredo (QRDO)?
According to the website, Qredo is enabling technology to create the future of digital asset business and allowing stakeholders to participate. The Qredo protocol and code cannot be held by any one party, as the token's foundation is based on community. The Qredo network is powered by an open and decentralized web of Qredo validators that utilize multiparty computation (MPC) protocols. These protocols oversee user market activity, verify transactions, and vote on new blocks.
How does Qredo (QRDO) Work?
Qredo is a network that aims to address the challenges faced by established financial firms when entering the DeFi space. It offers an open protocol that is continuously updated with the help of its DAO and community. Qredo seeks to provide a decentralized infrastructure with programmable management to promote asset custodian acceptance or allow easy self-custody for digital asset dealers.
The key point is that Qredo is not a threat to the centralized custodian's business standards. Instead, it aims to provide an option for centralized custodians to expand their business and remain relevant as the world adopts decentralized infrastructure. Qredo developers work with a 'network is the vault' ethos in mind, which means that the token's protocol aims to support asset ownership privileges on a decentralized ledger.
This decentralized ledger ensures that data is stored in a safe and secure place and cannot be modified. Governance officers can have operational confidence that business assets are secure because compliance regulations that control trade flows are written into Qredo's blockchain. This action is similar to the ownership information, thereby seeking to provide more data integrity by utilizing an immutable and durable data store.
OPEN to local currency
Crypto calculator- 1 OPEN to USD$0.01
- 1 OPEN to JPY0.011050573
- 1 OPEN to VND0.011050573
- 1 OPEN to RUB0.011050573
- 1 OPEN to EUR (Español)0.011050573
- 1 OPEN to TRY0.011050573
- 1 OPEN to EUR (Italiano)0.011050573
- 1 OPEN to EUR (Français)0.011050573
- 1 OPEN to EUR (Deutsch)0.011050573
- 1 OPEN to CNY0.011050573
- 1 OPEN to TWD0.011050573
- 1 OPEN to EUR (Português)0.011050573
- 1 OPEN to IDR0.011050573
- 1 OPEN to THB0.011050573
- 1 OPEN to PLN0.011050573
- 1 OPEN to UAH0.011050573
- 1 OPEN to UZS0.011050573
- 1 OPEN to SAR0.011050573
- 1 OPEN to PHP0.011050573
How to Buy Open Custody Protocol(OPEN)
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Trade OPEN perpetual futures
After having successfully signed up on Bitget and purchased USDT or OPEN tokens, you can start trading derivatives, including OPEN futures and margin trading to increase your income.
The current price of OPEN is $0.01105, with a 24h price change of -7.12%. Traders can profit by either going long or short onOPEN futures.
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