The LIBRA token aims to change how small businesses in Argentina get funding, and this project responds to the rising interest in digital currencies for economic growth. It offers a decentralized way to allocate capital. LIBRA uses blockchain technology to create a better funding option for entrepreneurs. This approach helps in a country where traditional finance often presents challenges.
This article examines the LIBRA token, covering its unique features, background, and history. It also discusses the token’s impact on Argentina’s economy, explains how it is distributed, and explains why its market has been fluctuating lately. This article will help you find more information on buying and trading LIBRA on CoinEx.
Event Track
The cryptocurrency market has grown with many projects aimed at economic development. This is especially true in decentralized finance (DeFi). LIBRA joins this trend, seeking to provide alternative funding solutions for small businesses.
Other notable projects in this space include those facilitating cryptocurrency-backed loans. These projects aim to bypass traditional financial institutions, offering greater accessibility and efficiency.
What Is LIBRA Token?
LIBRA is a cryptocurrency token that aims to boost economic growth in Argentina by funding small businesses and ventures. The Viva La Libertad Project supports entrepreneurship and innovation in Argentina and offers funding to small businesses. The token runs on the Solana network and aims to fund projects decentralized and efficiently. This allows investors and citizens to participate in Argentina’s economic growth.
Digital currencies like LIBRA can be beneficial. They allow borderless transactions and boost financial inclusion. However, they also come with risks. Market volatility, regulatory uncertainty, and security vulnerabilities are common concerns. Community support, transparency, and meeting goals are key to project success.
Key Features of LIBRA
- Decentralized Funding: LIBRA wants to create a platform for decentralized funding. It focuses on helping small businesses and ventures in Argentina. This feature aims to avoid traditional financial systems, which often have barriers like high interest rates and complicated application processes.
LIBRA uses blockchain technology to help entrepreneurs access capital quickly. This simplifies the growth of businesses and boosts the Argentine economy. The decentralized method also increases transparency and eliminates intermediaries, creating a direct link between investors and the companies they back.
- Viva La Libertad Project: LIBRA shows the project’s support for Argentine entrepreneurs. This connection signifies a commitment to fostering innovation and economic freedom within Argentina.
The token’s link to the project boosts its credibility. It also fits into the larger goal of economic growth. Supporting LIBRA helps investors and users promote the Viva La Libertad Project, which empowers local businesses and drives economic growth from the ground up.
- Economic Growth: LIBRA plans to strengthen Argentina’s economy by financing practical local projects. This feature shows that the token is a tool for economic growth, not just a way to speculate.
LIBRA supports small businesses in boosting the economy, which promotes innovation and creates jobs. Thus, the token does well when the businesses it supports do well, helping both token holders and the Argentine economy thrive.
- Community Engagement: LIBRA aims to involve people and investors in Argentina’s economic growth. This feature highlights how crucial community participation is to accomplishing the token’s objectives.
LIBRA fosters a sense of shared ownership. It allows people to support and invest in local businesses. This community-based approach boosts knowledge, encourages adoption, and promotes fair, sustainable economic growth.
Background and History of LIBRA
LIBRA launched with the Viva la Libertad Project. This initiative aims to boost economic freedom and growth in Argentina. The project started because small businesses are key to the Argentine economy. They often struggle to get the funding they need to succeed.
Since its launch, LIBRA has reached significant milestones. It has distributed its first token supply and formed partnerships with local businesses. LIBRA’s tokenomics focus on long-term sustainability. It allocates 20% to the treasury, 50% to growth in Argentina, and 30% to liquidity.
LIBRA is gaining popularity in the cryptocurrency market. Its value shows that more people are interested in community-driven projects. Its focus on real-world impact makes it stand out from other cryptocurrencies. This quality makes it a smart investment for anyone who believes blockchain can bring positive change.
The Price Change of LIBRA Token on CoinEx
As of February 18, 2025, the LIBRA token trades at USD 0.3450. Recent data from CoinEx shows significant price changes. Over the past 24 hours, the price has decreased by 0.71%. Looking at a broader timeframe, the token has experienced a 42.68% drop over the last 7 days.
These figures show significant volatility in LIBRA’s market performance. Before making any decisions, investors should research and consider the risks of this cryptocurrency. For more detailed and up-to-date information, visit CoinEx’s LIBRA information page.
How to Buy and Trade LIBRA Tokens?
CoinEx is an efficient and reliable trading platform that provides users access to various trading pairs and features. It supports over 1,800 trading pairs with over 1,300 cryptocurrencies and serves over 10 million registered users across more than 200 countries and regions. CoinEx’s dedication to user satisfaction and steady rise have solidified its position as a trusted and enduring player in the crypto world. To purchase LIBRA tokens on CoinEx, follow the steps below.
- Create an account: Start by signing up for a CoinEx account.
- Deposit Funds: After logging in, deposit funds into your CoinEx account using any supported cryptocurrencies or deposit methods available on the exchange. Having funds in your account enables you to execute trades seamlessly.
- Navigate to the LIBRA Trading Page: Once your account is funded, go to the dedicated LIBRA trading page on CoinEx. You can find a search box and enter LIBRA Token to locate the trading pair associated with LIBRA.
- Choose a Trading Pair: Select the LIBRA/USDT trading pair if you want to trade LIBRA against USDT (Tether).
- Specify the Purchase Amount: Determine the quantity of LIBRA tokens you want to purchase. Input the amount into the trading interface, which will calculate the corresponding cost based on the current market price.
- Execute the Trade: Proceed to execute the trade with the specified amount. Confirm the details, and if you are satisfied, submit the order.
Following these comprehensive steps, you can easily trade LIBRA tokens on CoinEx using the available trading pairs.
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Overview
- Name: LIBRA (LIBRA)
- Project Website: LIBRA Website
- Explorer: LIBRA Token on Solscan
- Contract Address: Bo9jh3wsmcC2AjakLWzNmKJ3SgtZmXEcSaW7L2FAvUsU
- Total supply: 1.00Billion
- Twitter: LIBRA Token X
- Category: Solana
- Top 10 Holder (%): ≥95%(This coin is not fully unlocked)
- Total Holders: Over thirty thousand
- Supported CEX: CoinEx
- Supported DEX: Raydium, Meteora
- Convenient for users to know in time: https://www.coinex.com/en/info/LIBRA
Frequently Asked Questions about LIBRA
What is the LIBRA token?
LIBRA is a cryptocurrency token associated with the Viva La Libertad Project. Its goal is to support the Argentine economy by funding small businesses.
Where can I find more information about LIBRA and how to trade it?
You can discover LIBRA (LIBRA) prices, live charts, price changes, market stats, and more. You can also trade LIBRA on the CoinEx cryptocurrency exchange.
What are the risks associated with investing in LIBRA?
Investing in LIBRA has risks. These include market volatility, possible market manipulation, and uncertain regulations.
This article does not constitute investment advice.
About CoinEx
Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services,including spot and futures trading, margin trading, swap, automated market maker (AMM), and financial management services for over 10 million users across 200+ countries and regions.Since its establishment, CoinEx has steadfastly adhered to a “user-first” service principle. With the sincere intention of nurturing an equitable, respectful and secure crypto trading environment, CoinEx enables individuals with varying levels of experience to effortlessly access the world of cryptocurrency by offering easy-to-use products.
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