What is Injective crypto?

Injective Protocol (INJ) is an Ethereum-compatible front-running resistant completely decentralized cross-chain protocol. It not only supports existing Ethereum users but is also intended to help connect users from various blockchain networks together into a single crypto community.

Is Injective protocol crypto a good investment?

Injective Protocol Price Predictions 2022-2026

At the same time, when it was listed with Binance in October 2020, the price was just 0.4 USD. Hence there has been a remarkable growth in the value of the Injective Protocol in the past few months, and it has given a good return to its investors.

Should I invest in INJ?

Wallet Investor’s INJ prediction was bearish and considered the coin a “bad” long-term investment. The average price of INJ could be $4.73 by the end of 2022, $3.88 by the end of 2023, $3.28 by the end of 2024, $3.88 by the end of 2025 and $2.47 by the end of 2026.21 Mar 2022

What is the price of Injective coin?

The current price is $2.082084 per INJ. Injective is 91.67% below the all time high of $25.01.

WHAT IS INJECTIVE PROTOCOL? INJ EXPLAINED

How do I buy an INJ coin?

  1. Download Coinbase Wallet. …
  2. Choose a Coinbase Wallet username. …
  3. Securely store your recovery phrase. …
  4. Understand and plan for Ethereum network fees. …
  5. Buy and transfer ETH to Coinbase Wallet. …
  6. Use your ETH to buy Injective in the trade tab.

How do I get an INJ token?

Injective Protocol (INJ) tokens are available on most major exchanges. Binance has the highest INJ/USD trading volume at $12,687,084. This is the most popular exchange for purchasing INJ. Other good options include Bilaxy, Huobi Global and Uniswap.

How does Injective protocol make money?

  1. Auction – allows token holders to bid on baskets of tokens that have been accumulated from exchange trading fees. …
  2. Exchange – helps traders create and trade new spot and derivatives markets. …
  3. Insurance – supports underwriters who back the derivatives markets hosted on the exchange.

Who is behind Injective protocol?

Eric Chen

What is Injective Protocol and Why You Should Pay Attention TODAY (Urgent)

Can I buy INJ on Binance?

Binance is excited to announce the 16th project on Binance Launchpad – Injective Protocol (INJ). The token sale for Injective Protocol will follow a lottery format, with the recording of user BNB balances starting at 2020/10/13 0:00 AM (UTC).12 Oct 2020

Does Coinbase have Injective protocol?

Injective Protocol has been added to Coinbase Custody. Institutional investors will now be able to deposit and withdraw the exchange’s native INJ token via the service.23 Dec 2020

Can I buy inj on Gemini?

You can buy INJ on Gemini. Perhaps one of the largest problems with blockchain technology is interoperability, in which distinct blockchains cannot communicate with each other.12 Jan 2022

How do you stake an Injective protocol?

Open the Validators page by clicking Validators from the top menu bar. Find Staked in the list of validators, and click on the Delegate button. This will open up a modal where you can enter the amount of INJ to delegate. Enter the amount to stake, click Delegate, and sign the delegation transaction via MetaMask.

What Is Injective Protocol Crypto (INJ)?

When was Injective protocol launch?

16, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) Injective Protocol, the first universal DeFi protocol for cross-chain derivatives trading, has announced the successful public launch of its main network alongside a $120 million protocol incentive program named Astro for traders, market makers and DeFi projects.16 Nov 2021

Is inj in Binance?

Binance will suspend INJ/BUSD, INJ/USDT and INJ/BTC isolated margin borrowing on 2022-04-11 02:00 (UTC). We will reopen isolated margin borrowing for INJ once we deem the Injective Protocol (INJ) mainnet to be stable, and we will not notify users in a further announcement.1 Apr 2022

Is Injective protocol an erc20 token?

INJ is an ERC-20 utility token that has a variety of use cases on the Injective Protocol, which includes providing market making incentives, governance, and block validator rewards. INJ can be stored in a crypto wallet and custodian like Gemini.

How do I add Injective protocol to MetaMask?

  1. Click “Wallet”
  2. Approve the transfer of ERC-20 tokens to the Injective Chain by clicking on the “lock” and confirm the transaction in your wallet.

What Is Injective (INJ) Crypto?

Where can I buy Injective protocols?

  • Download Coinbase Wallet. …
  • Choose a Coinbase Wallet username. …
  • Securely store your recovery phrase. …
  • Understand and plan for Ethereum network fees. …
  • Buy and transfer ETH to Coinbase Wallet. …
  • Use your ETH to buy Injective in the trade tab.

Where can I buy Injective protocols?

  • Download Coinbase Wallet. …
  • Choose a Coinbase Wallet username. …
  • Securely store your recovery phrase. …
  • Understand and plan for Ethereum network fees. …
  • Buy and transfer ETH to Coinbase Wallet. …
  • Use your ETH to buy Injective in the trade tab.