Details about Coinbase Tokenized Stock Defichain cryptocurrency
Coinbase Tokenized Stock Defichain
DCOIN
1+ (click to see list)
€24,399
15.12
Unknown
https://defichain.com/
@defichain
Coinbase Tokenized Stock Defichain price charts
DCOIN exchanges
Coinbase Tokenized Stock Defichain, the crypto
Coinbase Tokenized Stock Defichain (DCOIN) is a cryptocurrency token that is a type of stock token introduced by Coinbase, which can be purchased or traded on Coinbase exchange. DCOIN is a token representing the shares of the DeFi Blockchain company, Defichain, and it allows investors to buy fractional ownership of Defichain's stock without needing to buy a whole share. DCOIN value tracks the actual stock price of Defichain company on the German stock exchange Börse Stuttgart.
The point
The main point of Coinbase Tokenized Stock Defichain (DCOIN) is to provide an easy and efficient way for investors to invest in traditional stocks using cryptocurrency. DCOIN allows investors to purchase fractional shares of Defichain's stock via the blockchain, which can potentially reduce trading fees and provide greater liquidity as compared to traditional stock markets.
The problem
Coinbase Tokenized Stock Defichain (DCOIN) tries to solve the problem of traditional stock investing, which can be complicated, expensive, and inaccessible to many investors. By tokenizing and digitizing traditional stocks, DCOIN aims to make it easier and cheaper for investors to access traditional stocks using cryptocurrency, thereby broadening the range of investment opportunities available to people around the world.
Compare DCOIN and BTC performance
| Timeframe | DCOIN | BTC |
|---|---|---|
| 1h change | -0.362355 % | -0.294715 % |
| 24h change | -4.26 % | -1.19248 % |
| 7 day change | -2.24 % | 5.30366 % |
| 14 day change | -15.87 % | -3.27009 % |
| 30 day change | -35.51 % | -12.4444 % |
| 200 day change | 582.43 % | 103.467 % |
| Year change | 327.89 % | 131.936 % |