POA Market Cap Hits $5.85 Million (POA)

POA (CURRENCY:POA) traded up 1.3% against the US dollar during the 1 day period ending at 23:00 PM Eastern on January 13th. One POA coin can now be bought for about $0.0206 or 0.00000056 BTC on exchanges. POA has a market cap of $5.85 million and $191,392.00 worth of POA was traded on exchanges in the last day. Over the last week, POA has traded down 9.1% against the US dollar.

About POA

POA (CRYPTO:POA) is a PoA coin that uses the Proof-of-Authority hashing algorithm. Its genesis date was July 20th, 2017. POA’s total supply is 283,484,753 coins. The Reddit community for POA is /r/POA and the currency’s Github account can be viewed here. POA’s official website is poa.network. POA’s official message board is medium.com/poa-network. POA’s official Twitter account is @poanetwork.

According to CryptoCompare, “Poa Network is a public sidechain based on the Ethereum protocol. The blockchain will feature the Proof-of-Authority algorithm, which does not depend on the nodes solving mathematical problems, but instead uses a set of “authorities”, pre-selected validators that will be able to seal the blocks and secure the network. The validators identity will be public enabling any third party to check their identity. The Poa Network will allow organizations to build their own networks with their own validators and developers to deploy DApps. On April 28, 2018, the POA Team announced the launch of a cross-chain bridge that gives users the ability to send POA tokens back and forth between the POA Network and the Ethereum network. POA Bridge went live on May 10. The POA to Ethereum transfer will result in the creation of a newly minted token on the Ethereum blockchain known as POA20. The user will also have the ability to transfer POA20 tokens from the Ethereum network back to the POA Network, which would result in the burning of the POA20 token and subsequent unlocking of the original POA native token on the POA Network.     “

POA Coin Trading

POA can be purchased on these cryptocurrency exchanges: . It is usually not possible to buy alternative cryptocurrencies such as POA directly using U.S. dollars. Investors seeking to acquire POA should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy POA using one of the aforementioned exchanges.

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