Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs
CS

CREDITS Price

CS
#5194

$0.00114

11.79%

฿0.00000001

Market Cap
$254.67K
FDV
$284.31K
Volume 24h
$37.59K
Vol/Mkt Cap 24h
14.76%
Total Supply
249,471,071
Circulating Supply
223,456,423

Contracts

Contract

0x46b...9d31

Community

Track In

Price Change

24h

Low

High

1h Change

0%

24h Change

11.79%

7d Change

38.87%

All Time High

$0.93

May 1, 2018

99.88%

All Time Low

$0

Apr 8, 2025

42.75%

CREDITS price is $0.00114, down -11.79% in the last 24 hours, and the live market cap is $254,673.29. It has circulating supply of 223,456,423 CS coins and a max supply of 249,471,071 CS alongside $37.59K 24h trading volume. Now, you can view this coin price in INR.

Price
TradingView
Market Cap
Available Supply
1h24h1w1m3m6m1yAll







Logo

Swap

My Notes

Crypto Converter

CS

CS

Holdings

About CREDITS

What is Credits?

Credits is a blockchain platform designed to create and manage financial services. It provides an open-source, decentralized protocol for digital assets and transactions, allowing users to securely store, transfer and trade digital assets without the need for third-party intermediaries. The platform also features smart contracts, which are computer protocols that facilitate the execution of digital agreements between two or more parties. Credits' goal is to provide a secure, reliable and cost-effective infrastructure for businesses and individuals to use in their daily operations.

The Credits platform is powered by its native cryptocurrency token called CREDITS (CS). This token can be used as a medium of exchange on the network, as well as a way to pay transaction fees associated with using the platform. Additionally, it can be used to incentivize miners who help maintain the network's security.

The Credits platform offers several advantages over traditional payment systems. For one thing, it eliminates the need for third-party intermediaries such as banks or credit card companies. This reduces costs associated with processing payments and makes transactions faster and more secure. Additionally, because all transactions are recorded on a public ledger known as a blockchain, they are immutable and cannot be reversed or tampered with.

In addition to providing an efficient payment system, Credits also offers other features such as smart contracts that allow users to automate certain processes within their business operations. This helps streamline operations while reducing costs associated with manual labor.

Overall, Credits is an innovative blockchain platform that provides users with secure and cost-effective solutions for managing digital assets and conducting financial transactions. With its wide range of features and benefits, it has become increasingly popular among businesses looking for an alternative payment system.

Read More

Influence Metrics

ByCookie DAO

Related Assets

Trending Cryptocurrencies

Assets with the largest change in unique page views on CoinStats in the last 24 hours.

Similar Market Cap

Among all the assets available on CoinStats, these have the most similar market capitalization to CREDITS.

CREDITS Markets

#ExchangePairVolume (24H)Volume (%)PriceLast Updated
1
Gate.io
Gate.io

CS/USDT

$75K200%

$0.00114

11d ago

2
Mercatox
Mercatox

CS/BTC

N/AN/A

$0.7056

7M ago

3
Mercatox
Mercatox

CS/ETH

N/AN/A

$1.703

7M ago

4
Poloniex
Poloniex

CS/USDT

N/AN/A

$10.59

Recently

CREDITS News

Reddit ...

Grayscale next to fall? Withholding proof of reserves and trading almost at 50% discount compared to the bitcoin equilavent.

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/yz94eg/grayscale_next_to_fall_withholding_proof_of/"> <img src="https://a.thumbs.redditmedia.com/dYwVO34Hjs3s0VsaPQ2DChmSV2vajqRErgew9GK8xy0.jpg" alt="Grayscale next to fall? Withholding proof of reserves and trading almost at 50% discount compared to the bitcoin equilavent." title="Grayscale next to fall? Withholding proof of reserves and trading almost at 50% discount compared to the bitcoin equilavent." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>For a disclaimer this is too much for me to understand or wrap up fully but I want people to be up to date on what's happening, I'll be citing tweets and articles but if someone in the comments can provide more information about the situation it would be awesome.</p> <p>Ok, so first of all. What is GBTC?</p> <p>"GBTC (Grayscale Bitcoin Trust) is a Bitcoin fund launched by Grayscale in 2013 as a Bitcoin Investment Trust. GBTC allows investors to gain BTC exposure through a private trust that trades directly on the U.S. stock market. "</p> <p>How GBTC works, credits to @ lookonchain on twitter for explaining this:</p> <p><a href="https://preview.redd.it/d157l5pvuv0a1.png?width=589&format=png&auto=webp&s=b8191fc415d084ced2b828ea5d920c1edc7cd177">https://preview.redd.it/d157l5pvuv0a1.png?width=589&format=png&auto=webp&s=b8191fc415d084ced2b828ea5d920c1edc7cd177</a></p> <p><a href="https://preview.redd.it/cxjdmkkiyv0a1.png?width=467&format=png&auto=webp&s=c3b89877190a9439a4565875f07cccf75aa9bdc5">As of right now 1GBTC is $8,35 while bitcoin is trading at $16 613</a></p> <p>As of recently after the FTX crash there has been concerns about Grayscale having to dissolve their Bitcoin trust:</p> <p><a href="https://preview.redd.it/hxg8w77hvv0a1.png?width=571&format=png&auto=webp&s=7e95ba960247cf85b40520aa259ec3edeb979b4e">https://preview.redd.it/hxg8w77hvv0a1.png?width=571&format=png&auto=webp&s=7e95ba960247cf85b40520aa259ec3edeb979b4e</a></p> <p><a href="https://preview.redd.it/hzsbsnf00w0a1.png?width=678&format=png&auto=webp&s=8c7ac89193c07b04a91850d3bd1d3b20125f55d9">https://preview.redd.it/hzsbsnf00w0a1.png?width=678&format=png&auto=webp&s=8c7ac89193c07b04a91850d3bd1d3b20125f55d9</a></p> <p>The parent company DCG aka Digital Currency Group is now requesting a 1 billion emergency loan due to the recent Genesis situation</p> <p><a href="https://preview.redd.it/n6d7n6q2wv0a1.png?width=601&format=png&auto=webp&s=7d45e857f2b172cf64995bc513e4bc9ceaac0977">https://preview.redd.it/n6d7n6q2wv0a1.png?width=601&format=png&auto=webp&s=7d45e857f2b172cf64995bc513e4bc9ceaac0977</a></p> <p><a href="https://preview.redd.it/1ojc7tc9yv0a1.png?width=589&format=png&auto=webp&s=35598345ef9c0e1b651d0bdf4fc4b0aaa1a1e197">https://preview.redd.it/1ojc7tc9yv0a1.png?width=589&format=png&auto=webp&s=35598345ef9c0e1b651d0bdf4fc4b0aaa1a1e197</a></p> <p>One of the most concerning things about this is that GBTC is refusing to give proof of reserves information due to it being a "security concern":</p> <p><a href="https://preview.redd.it/uedk0ykowv0a1.png?width=573&format=png&auto=webp&s=d966e67554d831779b477687a00d281cbad834ed">https://preview.redd.it/uedk0ykowv0a1.png?width=573&format=png&auto=webp&s=d966e67554d831779b477687a00d281cbad834ed</a></p> <p>The GBTC bitcoin fund is trading at a 40% discount right now like i said earlier, 1GBTC being $8.35 while bitcoin $16 613:</p> <p><a href="https://preview.redd.it/pjoxelh1xv0a1.png?width=562&format=png&auto=webp&s=eb8b46a24cffc6f1d3e86af23a160637e124f030">https://preview.redd.it/pjoxelh1xv0a1.png?width=562&format=png&auto=webp&s=eb8b46a24cffc6f1d3e86af23a160637e124f030</a></p> <p><a href="https://preview.redd.it/78iehq60yv0a1.png?width=569&format=png&auto=webp&s=56ff4dbfdc560c7e06ed27ef96f659228af67ab6">https://preview.redd.it/78iehq60yv0a1.png?width=569&format=png&auto=webp&s=56ff4dbfdc560c7e06ed27ef96f659228af67ab6</a></p> <p><a href="https://preview.redd.it/mgsc9d5wzv0a1.png?width=735&format=png&auto=webp&s=aa5774eed1b03e41330c96eca68f90e30a607278">https://preview.redd.it/mgsc9d5wzv0a1.png?width=735&format=png&auto=webp&s=aa5774eed1b03e41330c96eca68f90e30a607278</a></p> <p>This could end horribly since they presumably hold over $10 billion worth of bitcoin. Let's just hope we get more clarification to what's happening with them over the upcoming days.</p> <p>​</p> <p>Topping this off with an infographic too hard for me to understand about how they operate:</p> <p><a href="https://preview.redd.it/knjosyiozv0a1.png?width=490&format=png&auto=webp&s=a83ef8e06edd841da94b86a324057d09e0b69044">credits to @ statelayer on twitter for this</a></p> </div><!-- SC_ON -->   submitted by   <a href="https://www.reddit.com/user/LuckyLeverageTrader"> /u/LuckyLeverageTrader </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yz94eg/grayscale_next_to_fall_withholding_proof_of/">[link]</a></span>   <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yz94eg/grayscale_next_to_fall_withholding_proof_of/">[comments]</a></span> </td></tr></table>

bullish:

0

bearish:

0

Share

Also Check CREDITS Price On

Disclaimer. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion.