Question 1

What is Thorchain?

Accepted Answer

Created in 2018 by CEO and founder Chad Barraford, Thorchain (RUNE) is a decentralized liquidity network for cross-chain cryptocurrency swaps, allowing users to trade their digital assets across various blockchain networks without the need for centralized exchanges. The platform is non-custodial, allowing users to maintain control of their assets. 
Thorchain aims to create a trustless and decentralized trading ecosystem with a unique "chaosnet" mechanism that facilitates quick and efficient trades. It also allows users to participate in liquidity pools, earning rewards for providing liquidity to the platform, ensuring that there is always sufficient liquidity available for trading.

Question 2

Who created Thorchain?

Accepted Answer

Thorchain was created by its founding team and developers. For detailed information about the project's origins and team, please refer to the official documentation and whitepaper.

Question 3

How do I buy Thorchain?

Accepted Answer

You can buy Thorchain on various cryptocurrency exchanges. First, create an account on a reputable exchange, complete the verification process, deposit funds, and then place an order for Thorchain.

Question 4

Is Thorchain a good investment?

Accepted Answer

The value of Thorchain, like all cryptocurrencies, can be volatile. Before investing, research thoroughly, understand the risks, and never invest more than you can afford to lose. Consider consulting a financial advisor.

Question 5

How do I store Thorchain?

Accepted Answer

You can store Thorchain in cryptocurrency wallets. Options include hardware wallets (most secure for long-term storage), software wallets, and exchange wallets. Always backup your wallet and keep your private keys secure.

Question 6

What makes Thorchain unique?

Accepted Answer

Thorchain has unique features and technology that differentiate it from other cryptocurrencies. These may include its consensus mechanism, transaction speed, scalability solutions, or specific use cases within its ecosystem.

Question 7

What is the current price of Thorchain?

Accepted Answer

The current price of Thorchain is displayed at the top of this page and updates in real-time. You can also view historical price charts and market data including 24-hour trading volume and market capitalization.

Question 8

How is the Thorchain network secured?

Accepted Answer

The Thorchain network is secured through its consensus mechanism, which may include Proof of Work, Proof of Stake, or other validation methods. This ensures transaction integrity and prevents double-spending.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	RUNE-USDT RUNEUSDT	binance	AA	0.3520USDT	6,34%	1.667.823,40RUNE	11.381	0.3310USDT	0.3550USDT
2	RUNE-USDC RUNEUSDC	binance	AA	0.3530USDC	6,65%	910.112,80RUNE	2706	0.3310USDC	0.3550USDC
3	RUNE-USDT RUNEUSDT	bybit	A	0.3530USDT	6,74%	380.724,29RUNE	2991	0.3307USDT	0.3548USDT
4	RUNE-USDT RUNE_USDT	whitebit	BB	0.3530USDT	7,29%	285.041,10RUNE	8123	0.3290USDT	0.3560USDT
5	RUNE-USDT RUNE-USDT	kucoin	BB	0.3531USDT	6,58%	171.978,41RUNE	1067	0.3313USDT	0.3549USDT
6	RUNE-USD RUNEUSD	kraken	AA	0.3530USD	6,33%	165.063,66RUNE	480	0.3320USD	0.3600USD
7	RUNE-USDT RUNE_USDT	gateio	A	0.3527USDT	6,56%	137.532,97RUNE	843	0.3310USDT	0.3544USDT
8	RUNE-EUR RUNEEUR	kraken	AA	0.3070EUR	6,60%	95.213,10RUNE	76	0.2880EUR	0.3070EUR
9	RUNE-USDC RUNE_USDC	gateio	A	0.3522USDC	6,47%	91.906,61RUNE	198	0.3308USDC	0.3539USDC
10	RUNE-USDT RUNEUSDT_SPBL	bitget	BB	0.3530USDT	6,33%	37.113,57RUNE	656	0.3320USDT	0.3540USDT
11	RUNE-BTC RUNEBTC	binance	AA	0.0₅5550BTC	3,16%	20.756,30RUNE	122	0.0₅5380BTC	0.0₅5580BTC
12	RUNE-USDC RUNE-USDC	kucoin	BB	0.3541USDC	6,69%	9700,69RUNE	73	0.3318USDC	0.3541USDC
13	RUNE-USD RUNE_USD	cryptodotcom	AA	0.3561USD	5,82%	8016,00RUNE	38	0.3365USD	0.3561USD
14	RUNE-USDT RUNE_USDT	cryptodotcom	AA	0.3522USDT	4,67%	7510,30RUNE	23	0.3365USDT	0.3522USDT
15	RUNE-USDC RUNE_USDC	whitebit	BB	0.3489USDC	5,44%	2774,50RUNE	69	0.3310USDC	0.3540USDC
16	RUNE-BTC RUNE-BTC	kucoin	BB	0.0₅5530BTC	2,03%	2261,87RUNE	66	0.0₅5420BTC	0.0₅5680BTC
17	RUNE-USDT RUNEUSDT	cexio	BB	0.3412USDT	7,06%	100,63RUNE	4	0.3187USDT	0.3470USDT
18	RUNE-USD RUNEUSD	cexio	BB	0.3394USD	0,000	0RUNE	0	0.3394USD	0.3394USD
19	RUNE-USDC RUNEUSDC	cexio	BB	0.3385USDC	-0,88%	45,64RUNE	1	0.3415USDC	0.3415USDC
20	RUNE-USDT sRUNEUSDT	phemex	C	0.3530USDT	6,97%	796.576,31RUNE	6905	0.3300USDT	0.3570USDT
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Thorchain

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Thorchain

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