CoralPay is a Proof of Stake cryptocurrency. It uses the x13 algorithm and has a 5% APY in staking rewards.

Although 'CORAL' was the ticker assigned at the deployment of the CoralPay token's smart contract, it is in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this association and to avoid confusion in the marketplace, the alternative ticker 'CORALPAY' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.*