icon; It is a cross-chain blockchain platform that connects different blockchains like Bitcoin, Ethereum, QTUM. The platform’s digital currency, token, is the ICON coin, also known as ICX. ICON (ICX) has two main functions: Firstly, it is an exchange tool that enables transactions between different cryptocurrencies by determining the exchange rate on the platform via DEX Reserve, and secondly, it is the native token of the South Korean University Consortium and serves many purposes. To buy and sell U-Coins.
The aim of the Icon project is to solve the difficulties faced by the blockchain market due to the heavy data load in the system and to remove the obstacles in front of structures such as banks, charities, insurance companies, hospitals and educational institutions on the way to digitalization of the world.
ICON (ICX) is also seen as a long-term investment tool for cryptocurrency investors, rather than a token used to quickly and seamlessly share data on blockchains in its network with institutions on the network.
591 million of the total supply of ICON (ICX), announced as 800 million, is currently on the market. This figure creates a market capitalization of approximately $1 Billion, while ICON (ICX) ranks 67th in the crypto market market. As of the time of publication of the article, 1 ICON (ICX) is worth 1.74 US Dollars and reached its historical peak with 12.64 Dollars in January 2018. While Icon Coin (ICX) is listed only in Paribu among Turkish exchanges, it can be bought and sold abroad from major exchanges such as Binance, Coinex, Upbit, Kraken, Huobi Global, Bithumb, Bitrex and Crypto.com.
