Elite Price, News and Analysis (1337)

1337 coin was created as an experimental Proof-of-Stake coin, with high rewards and inflation control system. It's a fun driven cryptocurrency that develops games for users and plans to be used as an ingame currency for online games. (Description provided by CryptoCompare)

Elite can be purchased or sold on the following cryptocurrency exchanges: Cryptopia, CoinExchange, YoBit and Trade Satoshi.

It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Elite.

Elite produces its own wallet software that is available for download on its website, which allows you to store Elite on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.

One Elite (1337) is currently worth $0.00 on major cryptocurrency exchanges. You can also exchange one Elite for 0.00000001 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Elite in U.S. dollars is $3.08 million.

Elite is a proof of work (PoW) and proof of stake (PoS) coin that uses the X13 algorithm.

Elite can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a Elite and access to a mining pool that pools your effort with other miners and a wallet to store the Elite that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

The following coins use Elite's X13 algorithm and proof of work (PoW) and proof of stake (PoS) proof-type: Stratis, Bitcoin Diamond, NavCoin, CloakCoin, DeepOnion, 1337, Stealthcoin, Kore, Bitcoin Plus, Vsync, BlitzPredict, Opal, Triangles, Stress and Visio.

The official Reddit community (subreddit) for Elite is r/1337Foundation.