What is a powr token?

The POWR token is a unique digital asset designed to function as a license granting access to Powerledger's innovative platform. This ERC-20 token is compatible with the Ethereum network, ensuring seamless integration and interoperability with other blockchain-based systems.

Powerledger is a revolutionary platform that harnesses the power of blockchain technology to facilitate peer-to-peer energy trading. By leveraging blockchain's immutability and transparency, Powerledger enables individuals and businesses to securely trade renewable energy credits, promoting a more sustainable and decentralized energy ecosystem.

BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the diverse needs of the blockchain community. Among its offerings, BTCC provides spot and futures trading, enabling users to buy, sell, and trade a wide range of digital assets, including the POWR token.

The core functionality of Powerledger is facilitated by its operation on two distinct blockchain networks: the public Ethereum blockchain and a proprietary private consortium blockchain known as EcoChain™. This dual-chain architecture allows Powerledger to offer a balance of security, scalability, and efficiency.

In addition to its trading services, BTCC also offers a secure and user-friendly wallet solution for storing digital assets. This wallet supports multiple cryptocurrencies, including ERC-20 tokens like POWR, and employs advanced security measures to protect users' funds from theft or unauthorized access.