Introduction to FCH (Freecash)

FCH, short for Freecash, is a cryptocurrency based on the X13 algorithm. It was originally a fork of Sperocoin, designed to provide a secure and efficient transaction network.The FCH network employs a hybrid mining mechanism combining Proof-of-Stake (PoS) and Proof-of-Work (PoW) to enhance network security and transaction processing speed. Its features include low transaction fees, fast transaction confirmations (with an adaptive block time of approximately 180 seconds), and protection against 51% attacks.FCH is planned to become the official payment currency of Fanáticos Criptos in the future.

How to Trade FCH

FCH币（Freecash）买卖交易指南及上线交易所情况

FCH trading is primarily conducted through the following two methods:

  • Through centralized exchanges (CEX): Currently, according to some market tracking data, CoinEx is listed as one of the active exchanges supporting FCH spot trading, typically offering the FCH/USDT trading pair.Users must first purchase USDT on CoinEx or another platform, then exchange USDT for FCH. However, some sources indicate that FCH market data may not be fully available, and not all major exchanges directly support trading of FCH.
  • Through decentralized exchanges (DEX) and Web3 wallets:
    1. Obtain a crypto wallet: Users need to download and set up a compatible Web3 wallet, such as MetaMask or the Binance Web3 Wallet.
    2. Purchase a base currency: Buy USDT or another commonly used base currency on a major centralized exchange (such as WEEX, KuCoin, Binance, etc.).
    3. Send the base currency to your wallet: Withdraw the purchased base currency from the centralized exchange to your Web3 wallet address.
    4. Connect Your Wallet to the DEX: Select a decentralized exchange that supports FCH trading and connect your Web3 wallet to that DEX.
    5. Exchange for FCH: Select the appropriate trading pair (e.g., USDT/FCH) on the DEX, enter the amount to exchange, and confirm the trade.

For large transactions, some users may consider over-the-counter (OTC) trading to avoid the slippage and fees that may occur on decentralized exchanges.

FCH Listing Status on Exchanges

FCH币（Freecash）买卖交易指南及上线交易所情况

As of this writing, there are some discrepancies regarding FCH’s exchange listings:

  • CoinEx: According to data sources such as CoinLore, CoinEx is listed as an active spot trading platform for FCH, supporting the USDT trading pair.
  • Other Major Platforms: Major centralized exchanges such as Binance (Binance), KuCoin, and WEEX do not currently offer direct spot trading for FCH. However, they can serve as a starting point for users to purchase base currencies (such as USDT) for subsequent FCH trading on decentralized exchanges.
  • Conflicting Information: It is worth noting that platforms such as CoinCodex have previously indicated that FCH market data was unavailable and that no exchanges supported fiat or cryptocurrency trading for FCH. This may reflect low market liquidity for FCH or a delay in information updates.

FCH Trading Data Overview

Based on recent market data (as of this writing), some key metrics for FCH are as follows:

FCH币（Freecash）买卖交易指南及上线交易所情况

  • Current Price: Fluctuating in the range of approximately $0.0026 to $0.0027.
  • 24-Hour Price Change: Recently saw an increase of approximately 64%.
  • 7-Day Price Change: It has recently experienced a pullback of about 20%.
  • Total Supply: Approximately 4,979,700 FCH.
  • 24-hour trading volume: Approximately $29,765.
  • Market Cap: Data shows $0.00.
  • Circulating Supply: Data shows 0 FCH.

Please note: A market capitalization and circulating supply of zero may indicate that FCH has very low market visibility or a very limited active circulating supply, which typically implies low market liquidity and relatively high trading risk.