XELS to USD Converter
How much US Dollar ( USD) is 1 XELS ( XELS)?
![change](https://assets.coingecko.com/coins/images/14729/small/Xels_logo_square_%281%29.png?1696514398)
XELS
XELS
US Dollar
USD
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How does it work?
The Morpher currency calculator allows you to convert a currency from XELS (XELS)
to US Dollar (USD) in just a few clicks at live exchange rates.
Simply enter the amount of XELS you wish to convert to USD and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 XELS, 5 XELS, 10 XELS, 50 XELS etc.
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Quick facts about XELS
XELS is an eco-conscious blockchain platform enabling corporations and individuals alike the ability to easily and transparently offset their carbon footprint by purchasing tokenized carbon offset credits.
Since the birth of carbon offset markets in the wake of the Kyoto and Paris agreements, fraud has been a serious problem.
Bad actors have been known to sell fake or expired carbon credits, and credit “recycling” fraud can lead to double spending of unretired carbon credits (see here for an example of one of the biggest fraud cases to hit carbon credits, which even ensnared Deutsche Bank.
Blockchain’s distributed ledger technology is the perfect use case for carbon credits, as it cannot be changed, reversed, or double spent.
Digital assets can also be “burned,” along with a transaction hash that proves the associated credit has been retired forever.
We’re initially launching the eponymous XELS token as a “platform token” to access a future suite of stable tokens pegged 1:1 to various industry-standard voluntary carbon offset credits – think of those as being the “USDT” of carbon credits.
Bad actors have been known to sell fake or expired carbon credits, and credit “recycling” fraud can lead to double spending of unretired carbon credits (see here for an example of one of the biggest fraud cases to hit carbon credits, which even ensnared Deutsche Bank.
Blockchain’s distributed ledger technology is the perfect use case for carbon credits, as it cannot be changed, reversed, or double spent.
Digital assets can also be “burned,” along with a transaction hash that proves the associated credit has been retired forever.
We’re initially launching the eponymous XELS token as a “platform token” to access a future suite of stable tokens pegged 1:1 to various industry-standard voluntary carbon offset credits – think of those as being the “USDT” of carbon credits.
XELS Price Chart
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XELS to USD price stats
24hr
4.51%
7d
-40.51%
30d
-46.41%
Over the past 30 days, XELS has dropped -46.41% to USD. The trend and price charts for the past
week shows that XELS has dropped -40.51% to USD and over the past 24 hours, XELS has gained 4.51% to
USD.