Abyss price, charts, marketcap and other stats

$ 0.016293
0.00000080 BTC
$ 3,733,439
Volume (24h)
$ 183,920
Circulating Supply
229,054,790 ABYSS
Total Supply
508,628,132 ABYSS

What is Abyss?

What is an Abyss Token?
Abyss token is the native cryptocurrency used on the Abyss finance platforms. This token is currently used as the medium of exchange on the various platforms run by Abyss finance, including their Gaming platform (theabyss.com and the Non-Fungible Token (NFT) Marketplace.

Community members who own this token can earn extra income by staking the token for a certain period or setting up master nodes that offer computing resources. This token was introduced to the market in 2019 when the platform launched. Its price has been fluctuating between $0.02 and 0.09 in the last few years. The all-time high for abyss token was $0.132 in April 2021.

How does Abyss token work?
To understand how Abyss token is used, it is essential to know how Abyss as a platform works. Abyss finance has two major platforms, including the decentralized Gaming platform and the NFT marketplace.

On the Gaming platform, users can get involved in the games and earn Abyss tokens through referrals. They can then use these tokens within the platform or exchange them on several decentralized exchange platforms for other tokens of their choice. Gamers are also rewarded with Abyss tokens when they participate in tournaments and win.

Users of the platform will also earn abyss tokens when they refer more people to join and subscribe to the games. Players can also earn Abyss tokens in the NFT marketplace, where players can sell several in-game items as NFTs. The medium of exchange for buying and selling NFTs is Abyss tokens. So, you will need to have these tokens to buy any NFT on Abyss’ marketplace.

The good news is you can trade Abyss tokens on several exchange platforms including, UniSwap, BitForex, Hotbit, Bittrex, and many more. It is not available on popular centralized exchange platforms, so you won’t be able to convert it to fiat and vice-versa.

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