How to Buy LINA with INR on KoinBX

This write-up explains how to buy Linear (LINA) with INR & Linear (LINA) with USDT on KoinBX a global crypto exchange Apps (Android & iOS).

LINA is a multi-utility governance token that is utilised as the native token and economic incentives to encourage users to contribute and participate in the Linear ecosystem. This results in a mutually beneficial system in which each person is adequately paid for their contributions.

LINA is a fundamental and necessary component of Linear since there would be no motivation for users to distribute resources to engage in activities or perform services for the benefit of the whole Linear ecosystem without LINA. Furthermore, LINA will be rewarded to a user depending on their real usage, contributing efforts, and/or transaction frequency and volume; users and holders who did not actively engage would not earn any LINA rewards.

LINA is an ERC-20 token that runs on the Ethereum blockchain. LINA's main goal is to be utilised as collateral as well as for community governance of the Linear Network protocol. All LINA holders have access to the Linear DAO and may vote on various ideas and projects, helping to influence the Linear ecosystem's evolution.

Founders:

Drey Ng and Kevin Tai cofounded Linear Finance with a small team in 2020. Drey Ng is the Chief Product Officer of Liquefy, a crypto platform that provides low-barrier access to tokenized collaterals. Drey is a blockchain lecturer in Hong Kong and has several years of expertise in the financial business. Kevin Tai was an investment banker and vice president of Credit Suisse Bank in Hong Kong. Kevin graduated from Harvard Business School and has over a decade of experience in the economy.

Uniqueness:

Linear provides consumers with access to conventional assets in addition to digital assets via dynamic price feeds, addressing systemic concerns with Decentralised Exchange (DEX) protocols. LINA tokens serve as the primary collateral for the creation of Liquids. Customers can, however, cover 20% of this basic collateral with other digital assets.

The Linear Exchange offers Liquids with limitless liquidity and cuts the settlement duration to one second per block, making it ideal for high-frequency traders and users using algorithmic trading tools. Linear Finance users may soon be able to access synthetic conventional assets including shares. The cross-chain approach helps Linear networks minimise costs and eliminates the Oracle frontrunning problem that exists with present Ethereum protocols.

Linear Finance is distinguished by its suggested liquidation method based on community governance. Through voting, LINA holders can choose the transaction costs and the amount owing to the insurance fund.

Security:

Linear uses Proof-of-Work (POW) mining networks to protect its tokens as an ERC-20 token established on the Ethereum Network. The LinearDAO was designed to provide LINA holders with the ability to vote on ideas that would ensure the growth of the Linear Finance ecosystem along the route that its users desire. The real Linear Finance protocol is trustless and may be modified at any time using Ethereum smart contracts.

Tokenomics:

Token Name: Linear Finance

Ticker Name: LINA

Total Supply: 10 Billion

Circulating Supply: 4.1 Billion

Max Supply: 10 Billion

Market Cap: 6.5 Billion

How to Buy LINA?

Follow the below steps to buy LINA coins,

1. Signup with KoinBX.

2. Fill in the required details to create an account.

3. Complete your KYC verification process.