Details about sTSLA cryptocurrency
sTSLA
STSLA
Unknown for now
€477,572 ( 0%)
€4,301
516
516
0
Unknown
https://synthetix.io/
@synthetix_io
3365990x
€2153800000
sTSLA price charts
STSLA exchanges
sTSLA, the crypto
sTSLA (STSLA) is a crypto token that is designed to track the value of Tesla stock. It is built on the Ethereum blockchain and is part of the growing trend of "synthetic assets" in the crypto world.
The point
The main point of sTSLA is to allow investors to gain exposure to the price movements of Tesla stock without actually owning the shares themselves. This can be useful for investors who want to hold TSLA as part of a diversified portfolio, but don't want to deal with the complexities and fees of traditional brokerage accounts.
The problem
sTSLA is designed to solve the problem of limited access to the stock market for retail investors. By creating a crypto token that is tied to the price of Tesla stock, anyone can easily buy and sell sTSLA on crypto exchanges without having to go through a traditional brokerage. This can lower the barriers to entry for investors and allow more people to participate in the stock market.
Compare STSLA and BTC performance
Timeframe | STSLA | BTC |
---|---|---|
1h change | 0 % | -1.43009 % |
24h change | 0 % | 1.57361 % |
7 day change | 0 % | -10.7838 % |
14 day change | 0 % | -7.66452 % |
30 day change | 0 % | 0.926941 % |
200 day change | 5.47 % | 121.423 % |
Year change | 0 % | 111.689 % |