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Rupee (RUP)

$ 0.00
0.29 %
Main info
News
Comments
Markets
Analytics
Market cap
$52.49K
0.29 %
Circulating supply
42,924,300 RUP
Total supply
42,924,300 RUP
Max. supply
84,000,000 RUP

About Rupee

Mission and Purpose

Rupee’s mission is to be the go-to Cryptocurrency for the people of South Asia. Rupee aims to facilitate money remittances and enable merchants to accept a fast Cryptocurrency for goods and services. Rupee will enable the people of South Asia to cut out traditional middlemen such as banks.

Earning Opportunities

For users with over 20,000 RUP the Masternode platform will earn a 65% block reward earning up to 60% interest on Rupee holdings. Staking payouts are perfectly simple and easy to achieve, you simply leave the coins in a wallet that is open for staking and you will receive a 35% block reward.

User Experience

Sending money to friends and family could not be any easier than with the Rupee mobile application.

Payments can be sent instantly using the Rupee InstantSend feature with very low fees. Owners of Rupee keep their digital coins in Rupee digital wallet. The Rupee coin wallet can be encrypted so that the user has full control over it.

Marketplace and Fees

The RupeeBase marketplace will allow merchants to sell their products with low fees.

Key data

updated $0
Market cap$52.49K
Volume 24h$0
Circulating supply42.92M51% of max 84M

Rupee (RUP) is a cryptocurrency designed to facilitate secure and efficient transactions. Operating on a Proof of Stake (PoS) consensus mechanism, it emphasizes energy efficiency and decentralization. Its ticker symbol is RUP, and it’s mineable, allowing users to participate in network validation.

Frequently asked questions

What is Rupee (RUP) and how is it different?

Rupee (RUP) is a cryptocurrency focused on secure transactions and decentralization. Unlike Proof of Work (PoW) coins, it uses Proof of Stake (PoS), which is more energy-efficient and allows users to earn rewards by staking their coins.

How does Rupee's technology work?

Rupee operates on a Proof of Stake (PoS) consensus mechanism, where validators are chosen based on the number of coins they stake. This ensures network security and reduces energy consumption compared to traditional mining.

How is Rupee (RUP) created or distributed?

Rupee (RUP) is mineable, meaning new coins are generated through network validation by staking. This process incentivizes users to maintain the blockchain while controlling the coin supply.

How can I store or use Rupee (RUP)?

Rupee (RUP) can be stored in compatible wallets that support PoS coins. It can be used for transactions, staking, or as a store of value, depending on your goals.