Circuits of Value is a company that has developed “Vault of Emblems”. This platform offers services allowing the creation of what the company calls composite tokens. A composite token is a digital asset that is made up of/represents multiple others.
Emblem Vault, the company service that makes this possible, uses what are known as COVAL tokens. These COVAL tokens can be composed of NFTs, cryptocurrencies, utility tokens, etc. The value circuits indicate that COVAL tokens support the underlying assets of any blockchain and offer the following functionalities.
- Swap multiple tokens at the same time as a single token
- Don’t just trade tokens, but also digital files
- Create covered tokens by creating chests containing multiple tokens
Holders of COVAL can benefit not only from the capabilities inherent in the tokens, but also from staking opportunities on various platforms. COVAL tokens have a total supply of 2 billion, with 60% already in circulation.
To learn more, see our Investing in Value Channels guide.
We list the 3 main exchanges that offer the possibility to buy circuits of value (COVAL) cryptocurrency with a credit card, debit card or bitcoin (BTC).
Coinbase is a publicly traded crypto exchange listed on NASDAQ. It is one of the most widely used exchanges in the United States and accepts clients from over 100 countries, including Australia, Canada, Singapore, and the United Kingdom.
Over $460 billion in volume has been traded by over 70 million users on Coinbase. Security is a key feature, with 98% of customer funds stored in secure offline storage. The platform is simple to use and is available on desktop, Android and iOS, offering trading opportunities in over 140 cryptocurrencies, including value circuits (COVAL).
This exchange currently accepts US residents outside Hawaii.
Read our Coinbase review or visit Coinbase.
Uniswap is a decentralized exchange (DEX) for trading tokens, which uses an automated market maker (AMM) model that allows users to trade against a pool of liquidity. While this is obviously a good option for buying value tours (COVAL), we only recommend this platform for advanced users. Due to the fact that this exchange is decentralized, you are responsible for any loss due to mistakes made.
Learning to use decentralized exchanges is not for the faint of heart. We recommend Coinbase.com instead.
Launched in 2020, QuickSwap is a decentralized exchange built on top of the Ethereum network. Notably, this DEX uses a layer two solution (Polygon Network) to ensure scalability – which means ‘ultra-fast speeds with near-zero gas costs’.
In addition to offering asset trading like Circuits of Value (COVAL), Quickswap offers services like yield farming and liquidity mining, and permissionless listings of ERC-20 tokens.
Although various advantageous features are offered, QuickSwap remains a DEX. This means that if an error occurs, there is little or no recourse. As such, we recommend considering exchanges such as Coinbase.com.