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Newton makes it fast and easy to buy, sell and hold 65+ cryptocurrencies in Canada.
Injective is a blockchain purposefully built for finance without traditional banks. It's part of what's called decentralized finance, or DeFi, which means it's open for anyone to use and isn't controlled by a single company. With Injective, you can do things like trade stocks, bet on future prices of assets, borrow money, and much more, all done in a secure and transparent way.
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One unique trait of Injective is that it has its own built-in system to handle different types of financial markets, like regular buying and selling, long-term bets, and options trading, and it does all this directly on its blockchain, which is like its own digital ledger. Plus, it's designed to work with other popular blockchains like Ethereum and Solana, making it easy to move assets between different systems.
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Injective also has its own currency called INJ, which is used for things like making decisions about how the platform works, keeping track of fees, and rewarding people who help make Injective better. For example, people who hold INJ can vote on changes to the platform, and a portion of the fees collected from users goes back into the system to reward developers who build new features for Injective. It's all about giving power and incentives to the people who are part of the Injective community.
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*Â Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
Because stablecoins* are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
*Â Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
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