What is Electra Protocol?

What is Electra Protocol？
Electra Protocol is a proof-of-stake open-source platform that runs on an ever-developing and improving blockchain. Its core purpose is to build a fast and secure cryptocurrency that allows transactions to occur at a considerably lower than average processing fee rate. With a team of coordinators and developers from across the globe, this community-based project aims to be the first and most widely used cryptocurrency on the market. With its native coin XEP, Electra Protocol perceives itself as becoming a popular payment processing option, using data money without the complexities of the current forms of payment infrastructures.

Electra Protocol features
Electra Protocol by itself is a standalone, ultra-fast, and secure form of data money with near-zero processing fees. When placed together with its flagship product, ElectaPay, one can witness its true potential.Buy XEP with mexc.com

ElectraPay is a payment solution for e-commerce merchants who are looking for the alternative payment methods that cryptocurrency provides. In other words, it is a complete financial management system that will allow merchants to quickly adopt an alternative payment method that is not dependent upon payment service providers, banks, or credit card companies to complete transactions. This unique payment solution will offer many advantages that traditional payment platforms fail to give merchants. These benefits include lower transaction fees, immediate access to funds, and state-of-the-art security provided by the Electra Protocol blockchain, all while maintaining an incredibly fast transaction speed.

In regards to the client end, ElectraPay will offer the same advantages of speed and security. In the event there is a problem with the transaction, ElectraPay will automatically refund the customer, which is an unusual feature in the crypto world.

XEP token
XEP was first tradable on 8th Jan, 2021. It has a total supply of 17,764,656,765. As of right now XEP has a market capitalization of USD $35,821,356.57. The current price of XEP is $0.00119 and is ranked 623 on Coinmarketcap and has recently surged 44.37 percent at the time of writing.

Electra Protocol (XEP/USDT) has launched on MEXC new M-Day on May 19. The total reward pool allocated 80,000,000 XEP, with 550 winning tickets. Since listed in Innovation Zone with an opening price of 0.0002 USDT, the highest price hit 0.0048 USDT, recording 2400% growth.