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View ChartEkta (EKTA) is a cryptocurrency token that powers a Layer 1 blockchain project focused on bridging the physical world with Web3. Ekta launched on December 20, 2021, and was listed on CoinMarketCap on August 31, 2021. Ekta describes itself as one of the earlier blockchains focused on bringing physical assets and communities on-chain. The project is built around the concept of tokenizing real-world assets (RWA), integrating traditional businesses with blockchain technology to unlock new economic opportunities. EKTA is issued as an ERC-20 token on Ethereum, with a bridged BEP-20 version on BNB Chain, while the project also describes its own EktaChain as a Layer 1 blockchain with a cross-chain mainnet. In January 2022, Ekta raised US$5 million in a seed round at a US$20 million valuation; the investors were not disclosed. With a maximum supply of 420,000,000 EKTA and a total supply of 220,500,000 EKTA, the token is designed to support a range of decentralized applications including an NFT marketplace, a DEX, and a decentralized credit platform.
The Ekta project was co-founded by Sarang Joshi, who serves as Chief Executive Officer, and a co-founder who holds the position of Chief Technology Officer. Divyesh Balamurali serves as Chief Operating Officer. The team page for Ekta provides these roles and names. Sarang Joshi is listed as co-founder and CEO on the official team page. A separate Medium article refers to Berwin Tanco as Ekta CEO; the relationship between the two roles is not clarified in public sources. Ekta is headquartered in Indonesia, was founded in 2021, operates in the fintech sector, and lists fewer than 100 employees.
Ekta operates as a Layer 1 blockchain with a cross-chain mainnet, utilizing a Proof of Stake (PoS) consensus mechanism as detailed in the Ekta whitepaper. The network is designed to bring tangible, real-world assets on-chain, connecting profit with purpose to create a new economy. The Ekta mainnet features several self-developed applications, including an NFT marketplace, a decentralized exchange (DEX), and a decentralized credit platform. These components work together to remove barriers that prevent everyday people from accessing capital and assets. The Ekta Portal, announced on May 31, 2022, is described by the project as its first self-developed endpoint node. It allows operators to earn crypto rewards automatically. Additionally, each project launched on EktaChain will burn EKTA tokens collected to reduce the supply of EKTA according to their specific use cases.
Ekta distinguishes itself through its focus on tokenizing real-world assets (RWA) and bridging the gap between traditional businesses and blockchain technology. The project aims to create "profit with purpose" by integrating physical assets and communities on-chain. This approach unlocks new economic opportunities for everyday people who may have previously been excluded from accessing capital and assets. The Ekta ecosystem offers a comprehensive suite of products, including a self-developed NFT market, DEX, and decentralized credit platform, all built on its Layer 1 blockchain. The cross-chain mainnet capability further enhances its value by enabling interoperability. In January 2022, Ekta raised US$5 million in a seed round at a US$20 million valuation; the investors were not disclosed. In June 2022, Ekta announced a US$60 million investment commitment from Global Emerging Markets during a crypto bear market.
EKTA is the native token of the Ekta ecosystem and serves multiple purposes within the network. It is used to power transactions and operations on the EktaChain Layer 1 blockchain. Token holders can participate in the ecosystem through staking and earning rewards via the Ekta Portal, which allows operators to earn crypto rewards automatically. The token is also integral to the various applications built on the mainnet, including the NFT marketplace, DEX, and decentralized credit platform. According to the Ekta whitepaper, EKTA serves three purposes: it is the native token of EktaChain, it is used for purchases, and it is used in retail. Furthermore, EKTA has a deflationary mechanism: each project launched on EktaChain burns EKTA tokens collected to reduce the overall supply according to their specific use cases. Each project launched on EktaChain burns the EKTA tokens it collects, reducing supply according to that project's use case.
The Ekta ecosystem is centered around EktaChain, a Layer 1 blockchain with a cross-chain mainnet. Key developments include the launch of the Ekta Portal on May 31, 2022, which was described by the project as its first self-developed endpoint node. It allows operators to earn crypto rewards automatically. The mainnet also features a self-developed NFT market, a DEX, and a decentralized credit platform. The project announced its cross-chain mainnet on January 11, 2022, on the back of a US$5 million seed round at a US$20 million valuation; the investors were not disclosed. In June 2022, Ekta announced a US$60 million investment commitment from Global Emerging Markets during a crypto bear market. Ekta Portal NFTs grant owners access to future Ekta NFTs, including Ekta Real Estate and Asset NFTs, MetaTrees, and Ekta Island. The project also operates a real estate marketplace that lets developers access liquidity from a global audience and lets buyers transact with lower barriers and fees. The ecosystem continues to focus on bringing real-world assets on-chain and expanding its suite of decentralized applications to create a new economy that connects profit with purpose.
Ekta (EKTA) is not a mineable cryptocurrency, as indicated by its asset profile. Instead of traditional mining, Ekta utilizes a Proof of Stake (PoS) consensus mechanism. This means that network participants can stake their EKTA tokens to support the security and operation of the blockchain. The Ekta Portal, described by the project as its first self-developed endpoint node, allows operators to earn crypto rewards automatically. EktaChain is described as a plug-and-earn node that lets users earn EKTA around the clock; the hardware is shipped directly to customers, and the project lists node sales as one of its revenue sources. By running an endpoint node or participating in staking, users can contribute to the network and potentially earn rewards. Ekta uses Proof of Stake rather than Proof of Work; the whitepaper describes PoS as the consensus method of the main network.
Keeping your Ekta (EKTA) tokens safe requires following standard cryptocurrency security practices. Since EKTA operates on the Ethereum platform and is associated with BNB Chain, it can be stored in compatible wallets that support ERC-20 and BEP-20 tokens. Hardware wallets provide an extra layer of security by keeping private keys offline. Always ensure you are using the official contract addresses: 0x2f75113b13D136F861d212Fa9b572F2C79Ac81C4 for Ethereum and 0x45808Ce43eb2D7685fF0242631f0FeB6f3D8701a for BSC. Be aware that Ekta has migrated its contract address from v1 to v2, so verify you are interacting with the correct version. Never share your private keys or seed phrases, and be cautious of phishing attempts. Regularly update your wallet software and consider using multi-signature wallets for large holdings. Ekta provides an official app at ekta.app, and the project has moved to phone-number login for connecting to an organization and its history. EKTA can also be acquired through a Web3 wallet connected to decentralized exchanges.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for EKTA are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Ekta (EKTA) is $0.000039. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated EKTA to USD rate at the top of BTCC’s price page. In terms of market scope, Ekta records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $1.372124K. Its current circulating supply stands at 34.77M out of a maximum supply cap of 420M.
The price volatility of Ekta (EKTA) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (34.77M) to max supply (420M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Ekta (EKTA) hit an all-time high (ATH) of $10.422789 on 2021-09-18 08:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at -- on 2021-11-01 18:35. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading EKTA futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s EKTAUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Ekta, simply log into your BTCC account with USDT margin available, navigate to the EKTAUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for EKTAUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000039), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for EKTAUSDT with zero financial risk.
Trading Ekta (EKTA) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for EKTAUSDT, and review its live price ($0.000039) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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