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Flow (FLOW)

Not staking

€ 0,35493

-0,81 % € -0,00287
24h 1w 1m 1y All

Flow Price in Euros

(FLOW to EUR)

€ 0,35493

Flow Volume

(24h)

€ 16.61 M

Market Cap

(Flow)

€561.73 M
BTC

What is Flow

Flow has several functionalities, and can be compared to Ethereum's blockchain. Yet Flow has a number of features that make the blockchain unique, and distinguishable from Ethereum, for example. This most important feature is scalability. The consensus mechanism used by Flow ensures that the blockchain can process a large number of transactions quickly. Users therefore do not have to wait long for their transaction to be successfully executed, and they often pay very low fees for this.

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How does Flow work?

Flow's blockchain has its own cryptocurrency called FLOW. This is a token that has a number of functions within the project. For example, it can first be used as collateral to run a node. This is, therefore, staking out FLOW in order to receive rewards with the work done. Users of the Flow blockchain also pay their transaction fees with this token. This is because in order to use the blockchain, fees must be paid. These fees are then given as rewards to the validators. In future, the FLOW token will also be used to vote with. In this way, users will have the opportunity to determine what the future of FLOW will look like.

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How to buy Flow?

If you want to buy FLOW tokens, you can do so at Coinmerce. On our website it is possible to buy FLOW safely, quickly and with payment methods like iDeal. First, you'll need to have an account with us, after which you can search for FLOW via the search bar on the Coins page.

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How to buy Flow?

If you want to buy FLOW tokens, you can do so at Coinmerce. On our website it is possible to buy FLOW safely, quickly and with payment methods like iDeal. First, you'll need to have an account with us, after which you can search for FLOW via the search bar on the Coins page. Once you arrive at the right page, you can choose to buy FLOW with iDeal, SEPA, GiroPay, Sofort, EPS and MyBank. If you don't have an account with us yet, you can create one quite easily. You can do so by clicking here and then filling in all your details. Once your account is validated, you can immediately purchase your FLOW tokens from Coinmerce!

Proof of Stake Proof of Stake

1,50%

Est. Yearly rewards

28,17474 FLOW

Minimum holding Minimum holding

Not staking

Status
How much? *
FLOW FLOW
How long? *
*For calculating purposes only. If you start staking, you will stake the full amount in your FLOW wallet.
Estimated earning **
Based on 1000 euro the estimated annual earning will be:

€ 0,00 *

Approx 0,00 FLOW
Stake
*Rewards are calculated weekly and may vary from time to time, and the rates presented are not guaranteed.

More info

When you purchase FLOW from Coinmerce, you can store these tokens in the wallet associated with your account. This wallet is very secure because we store a large portion on a hardware wallet. This way we ensure that no one but you can access these tokens. If you have your own hardware wallet, such as Ledger or Trezor, it is possible to connect it to Coinmerce and move your FLOW tokens to this wallet. To do so, you must first verify your hardware wallet on Coinmerce's platform.

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About Flow

Flow's most important feature is scalability. The consensus mechanism used by Flow ensures that the blockchain can process a large number of transactions quickly. Users, therefore, do not have to wait long for their transaction to be successfully executed, and they often pay very low fees for this. The consensus mechanism is a way in which the network of a blockchain works together. There are several such mechanisms, and each kind has its own rules and protocols. Flow uses the Proof of Stake (PoS) mechanism. This means that the network consists of validators who must put up money to be chosen as a validator. First, the validator will have to send money to a special address, and it stores the validator's money. It can be seen as a kind of deposit. If the validator does his work well, he will receive rewards, and he will get his deposit back when he stops. If he does his work badly, he receives a fine that is paid from the deposit.

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Video Video
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Founder Roham Gharegozlou
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Founder Dieter Shirley
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Founder Mikhael Naayem
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Founder
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Founded 2019
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Industry dApp
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Website Website
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Network Ethereum
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Location Canada
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Rank 98
euro
Market Cap 561.73 M
euro
Trading volume 16.61 M
euro
Maximum coins
euro
Circulating 1.58 B
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