FIO Price Live Data
The live FIO Protocol price today is $0.059346 USD with a 24-hour trading volume of $3,568,724 USD. We update our FIO to USD price in real-time. FIO Protocol is up 11.30% in the last 24 hours. The current CoinMarketCap ranking is #477, with a live market cap of $35,791,299 USD. It has a circulating supply of 603,096,153 FIO coins and a max. supply of 1,000,000,000 FIO coins.
If you would like to know where to buy FIO Protocol at the current rate, the top cryptocurrency exchanges for trading in FIO Protocol stock are currently Binance, AAX, MEXC, Gate.io, and BitMart. You can find others listed on our crypto exchanges page.
FIO Protocol (FIO) is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens. The FIO token is the native utility token of the project’s blockchain infrastructure, FIO Chain, and is used for transaction gas fees and on-chain governance. The FIO Chain uses a Delegated Proof-of-Stake (DPoS) to achieve network consensus. Block Producers are elected by FIO token holders via on-chain voting. Anyone can register to become a BP and produce blocks if they receive enough votes.
- FIO addresses act as a human-readable wallet identifier (username@domain) for users on the FIO Protocol. The registration of a FIO Address can be done through a FIO-integrated application or through a registration site. A FIO Address has a yearly fee in FIO tokens, and is bonded with 100 free transactions.
- FIO Request allows users to initiate transactions using FIO Addresses. This request is stored onchain, with metadata (e.g. currency, amount) encrypted using the Diffie-Hellman key exchange.
- FIO Data is transaction metadata. This metadata can range from a free-form memo to structured data (e.g. deposit details). The team envisages FIO Data as a means to support decentralized commerce, where transactiond data (e.g. invoices, dates) can be stored on-chain. FIO Data can also include blockchain metadata, such as transaction.