Flare (FLR)
Rank #72
Market snapshot
- Price
- $0.0063991
- Market cap
- $556.4M
- 24h volume
- $3.6M
- Circulating supply
- 86,953,861,794.935
- Total supply
- 106,384,560,889.3032
- Max supply
- N/A
What is Flare?
Flare is designed to facilitate the integration of various blockchain ecosystems. It operates as a layer-1 blockchain, aiming to provide a platform that enhances connectivity and interoperability among different networks.
Key information
- Symbol
- FLR
- CMC rank
- #72
- Network / platforms
- N/A
- Categories
- N/A
- Date added
- Dec 11, 2020
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 the destination 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 Flare (FLR)?
- Flare (FLR) is a cryptocurrency that operates as a layer-1 blockchain, aimed at enhancing interoperability between different blockchain networks.
- What are the risks associated with transferring Flare (FLR)?
- Digital asset prices can be volatile. Users should verify asset and network before transferring assets, and be aware of custody risks when using centralized platforms.
- How can I verify the acquisition of Flare (FLR)?
- Verify the asset name, network, and destination details before transferring. Ensure the destination address and network are correct.
- Where can I find official resources for Flare (FLR)?
- Official resources for Flare can be found at their website: https://flare.network and their technical documentation at https://docs.flare.network.
