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All quotes are firm for their displayed duration and are inclusive of our fees and spread. Learn more about Uphold’s fees and spread.

Quotes are temporary and non-executable. You must sign in to your Uphold account to execute a quote and start trading. The current price display refers to the median retail transaction size up to 5,000 Euros. It's important to clarify that prices may vary for very small or very large orders. Update the pricing information to accurately reflect this variance. 

Like most trading venues, our price charts display current mid-market rates. When you trade, you receive the current bid or ask price, depending on whether you are buying or selling. The difference between the mid-market rate and the bid or ask price is the spread, which is a normal feature of how exchange order books work.

Digital currencies are high risk. Do not invest money you cannot afford to lose. Please consider whether trading crypto is appropriate for your individual circumstances before investing.

About INJ

Injective is a layer-2 solution that boasts of being able to provide traders with “unparalleled access to new decentralized markets,” according to the project’s blog.

Launched in 2021, backed by Mark Cuban, the protocol allows for the permission-less replication of just about any financial market. “Options, futures, synthetics, betting dApps, or any other instrument that can leverage Injective’s matching engine, can be built on top of the chain,” Messari said.

INJ is the protocol’s native currency used for governance, CoinGecko said.

It also helps to secure the network via validator staking. Some 10% of the tokens’ total supply (10 million INJ) was initially released upon launch. 

Built with the Cosmos SDK toolkit, the Injective chain facilitates the creation of cross-chain markets, and does so with “zero gas fees, massive throughput, and instant finality thanks to the protocol’s unique technical infrastructure,” Messari said.

Unlike popular DEXs, Injective utilizes a decentralized order book model and provides trading services via its own execution layer. According to Messari, this framework allows other third-party exchanges to freely build on Injective.  

In February of 2022, INJ spiked 100% upon the release of Injective Bridge V2, an updated “bridge” service designed to facilitate cross-chain interoperability between Cosmos and Ethereum, said Cointelegraph.

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