What is Centrifuge (CFG)?

Centrifuge (CFG) is a cryptocurrency that operates within the Ethereum ecosystem, designed to facilitate the use of real-world assets in decentralized finance.

What are the risks associated with transferring Centrifuge (CFG)?

Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets and handle private keys.

How can I verify the acquisition of Centrifuge (CFG)?

Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct before sending.

Where can I find official resources for Centrifuge?

Official resources for Centrifuge can be found on their website at https://centrifuge.io/, their technical documentation at https://docs.centrifuge.io/, and their source code on GitHub at https://github.com/centrifuge/.

Centrifuge (CFG)

Rank #198

Market snapshot

Price: $0.141557
Market cap: $81.7M
24h volume: $10.1M
Circulating supply: 577,154,551
Total supply: 697,164,473
Max supply: N/A

What is Centrifuge?

Centrifuge is a cryptocurrency that operates within the Ethereum ecosystem. It aims to bridge real-world assets with decentralized finance, enabling users to tokenize physical assets and use them in financial applications. This integration allows for increased liquidity and access to capital for asset owners by leveraging blockchain technology.

Key information

Symbol: CFG
CMC rank: #198
Network / platforms: Ethereum
Categories: N/A
Date added: Aug 28, 2020

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Ethereum
0xcccccccccc33d538dbc2ee4feab0a7a1ff4e8a94

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Centrifuge (CFG)?: Centrifuge (CFG) is a cryptocurrency that operates within the Ethereum ecosystem, designed to facilitate the use of real-world assets in decentralized finance.
What are the risks associated with transferring Centrifuge (CFG)?: Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets and handle private keys.
How can I verify the acquisition of Centrifuge (CFG)?: Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct before sending.
Where can I find official resources for Centrifuge?: Official resources for Centrifuge can be found on their website at https://centrifuge.io/, their technical documentation at https://docs.centrifuge.io/, and their source code on GitHub at https://github.com/centrifuge/.

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