Get to know Aelf (ELF), Now Available on Indodax
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Get to know Aelf (ELF), Now Available on Indodax

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Get to know Aelf (ELF), Now Available on Indodax

Yield Farming: Cara Kerja, Risiko, dan Cara Menghitungnya

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This week, the Aelf (ELF) crypto asset will be listed on Indodax. Open deposit will start on April 20th, 2022 at 14:00 WIB (UTC +7) and open trading will start on April 21st, 2022 also at 14:00 WI (UTC +7).

One of the crypto assets that works on the BEP20 network, aelf Enterprise provides flexible yet practical modularized blockchain solutions for enterprise-level users. Curious? Let’s read more here!

What is Aelf (ELF)?

Aelf (ELF) is a distributed cloud network built on the enterprise blockchain platform lf consisting of a group of blockchain experts from China. ELF coins are used to pay for system fees, such as using smart contracts, operating systems and upgrades, or are used by the public to vote for important decisions and many other services.

aelf addresses the governance needs of various applications by providing different models, including the Parliamentary Governance Model, the Association Governance Model, and the Referendum Governance Model. Through the incentive model, the network is equipped with a self-sustaining system and can carry out self-development in a practical way. Simultaneously, developers can debug, develop and deploy applications based on the mature IDE, provided by aelf.

Aelf (ELF) Team

Aelf was founded by Haobo Ma. Haobo Ma was previously the founder/CEO of Hoopox as well as CTO of GemPay and AllCoin. He is also a member of the China Electronics Institute Committee.

What makes Aelf (ELF) unique?

Following are the interesting and different features of the Aelf blockchain platform:

  • Increased scalability

Currently, legacy blockchain platforms cannot extend the exchange process, the power of owning a node or miner will determine the strength of the network. Hence the appearance of the AELF Blockchain can be extended to a commercial scale.

  • Extensive self-development

Thanks to the cross-blockchain protocol and its own built-in computing platform, it is possible to connect more blockchains, which makes building customized blockchains easy.

  • Separate resources and cross-chain communication

The current Blockchain system of Bitcoin or Ethereum cannot segregate resources for various smart contracts, which impacts the performance of the system.

Aelf (ELF) Crypto Assets

The current CoinMarketCap ranking is #272, with a live market cap of $183,483,117 USD. It has a circulating supply of 544,480,200 ELF coins and a max. supply of 1,000,000,000 ELF coins.

How to Buy Aelf (ELF) Crypto Assets on Indodax

For those of you who want to buy Aelf (ELF) crypto assets, you can buy them on Indodax starting April 21st, 2022 at 14:00 WI (UTC +7).

Here’s how to buy it:

  1. For those of you who are not yet a member, you can click the link here
  2. After that, make a deposit. For those of you who are confused about how to deposit, click on this link
  3. After your deposit and balance come in, you can return to the market
  4. Look for Aelf (ELF) in the Rupiah market then click
  5. After entering, all you have to do is buy by filling in the balance and at what price you want to buy Aelf (ELF). You can also buy it instantly or directly at the current price
  6. After that, you need to patiently wait for the price to increase for some time
  7. After the price increases, you can sell it at a higher price with the instant method
  8. If you sell with the limit method, you can place orders after buying. Make sure you enter a higher number when selling.
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