Linear Protocol Creates Synthetic Assets

Posted by BH NEWS 5 months ago

Linear is a decentralized delta-1 asset protocol designed to generate instant synthetic assets, providing unlimited liquidity options for investors. The protocol enables the creation of synthetic tokens, known as “liquids,” which represent traditional assets like commodities, forex, and market indices, thus bridging the gap between traditional finance and cryptocurrency.

Contents hide
1 What is Linear (LINA)?
2 Where to Buy LINA Coin?
3 Practical Steps for Users

What is Linear (LINA)?

Linear (LINA) operates as an ERC-20 token on the Ethereum network, serving as collateral in the creation of synthetic assets. The protocol features products such as Linear.Buildr, a decentralized application (dApp) that manages liquids using LINA and other tokens. The exchange within the protocol allows for swift and secure trading of these synthetic assets.

LINA token holders are integral to the protocol’s governance through the Linear DAO, enabling them to influence initiatives and proposals that drive the ecosystem’s growth. Linear aims to enhance user experience by ensuring scalability and speed, leveraging cross-chain functionality to simplify asset trading for users familiar with traditional financial instruments.

Where to Buy LINA Coin?

LINA Coin is available for trading on Binance, the leading cryptocurrency exchange by volume. Users can trade LINA against pairs like LINA/BTC, LINA/BUSD, and LINA/USDT. At the time of this writing, LINA is priced around $0.354.

To purchase LINA Coin, users must first register on Binance. After completing the registration, they need to deposit either cryptocurrency or fiat into their account. Once the funds are available, users can buy LINA by selecting the appropriate trading pair, entering the amount, and placing a buy order.

Practical Steps for Users

To maximize user experience, consider these steps:

  • Register and verify your account on Binance for secure trading.
  • Fund your Binance wallet with fiat or other cryptocurrencies.
  • Select the trading pair (LINA/BTC, LINA/BUSD, LINA/USDT) suitable for your needs.
  • Use the limit order feature to set your desired purchase price for better control.
  • Keep track of market trends to optimize buying and selling decisions.

Following these steps can help users seamlessly integrate LINA Coin into their investment portfolios.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.