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OctaPay

OctaPay (OCTA)

$ 0.10
-3.55 %
Main info
News
Comments
Markets
Analytics
Market cap
$4.52M
-3.55 %
Volume (24h)
$6K
-3.55 %
Circulating supply
39,001,951 OCTA
Total supply
39,001,951 OCTA
Max. supply
48,000,000 OCTA

Key data

updated $0
Market cap$4.52M
Volume 24h$6K
Circulating supply39M81% of max 48M
All-time high$2.39-96% from peak · 2024-07-08

OctaPay (ticker OCTA) is a cryptocurrency project that positions itself as a digital payment solution. In simple terms, it's a coin designed to be used for transferring value online, like many other digital currencies. Its key fixed parameter is a hard cap of 48,000,000 coins, meaning no more than that amount will ever exist.

Frequently asked questions

What is OctaPay and how is it different from Bitcoin?

OctaPay (OCTA) is a cryptocurrency focused on payment use cases, whereas Bitcoin was created primarily as a decentralized store of value. The main technical distinction is supply: OCTA has a hard cap of 48,000,000 coins, which is significantly lower than Bitcoin's 21,000,000 — wait, actually higher, roughly double. Like most altcoins, it aims to offer faster or cheaper everyday transactions than the biggest networks.

How does OctaPay's technology and consensus work?

Specific consensus details depend on the version of the project's documentation, so always check the official whitepaper for the current specs. Many payment-focused coins use proof-of-stake or similar mechanisms to validate transactions without expensive mining hardware. Understanding the consensus model matters because it affects transaction speed, fees, and network security.

How is OCTA's emission and supply structured?

OctaPay has a hard cap of 48,000,000 coins, meaning the total supply can never exceed that number. This fixed limit is built into the protocol and is designed to prevent unlimited inflation of the supply. How those coins were initially distributed — mining, staking, or pre-mine — is described in the project's official documentation.

How can I store and use OCTA coins?

Like most cryptocurrencies, OCTA can be stored in wallets that support its blockchain — typically the official project wallet or compatible third-party options. Always verify wallet compatibility before transferring, because sending coins to an unsupported address can result in permanent loss. For usage, check which services and platforms the project officially lists as accepting OCTA.