What is FRED Energy (FRED)?
"UK based and founded in 2018, FRED Energy aims to promote and facilitate greater adoption and generation of alternative energy by consumers and Fund Research into Energy Devices (FRED). Rising energy costs, fuel poverty, and access to support and funding for energy device innovators are some of the problems FRED Energy aims to help solve. Development of green energy related projects and an eco focussed marketplace that went live in Q1 2020, shop.fredenergy.org is one of the earliest adoptors of crypto payments for real world products.
How does FRED Energy work?
Further projects scheduled for 2021 include a JV product development with battery pack tracking to enable reuse and recycling on the Stellar blockchain using our token FACT, a non-tradeable token. The project launched FREDx on the Ethereum blockchain in January 2021 in an effort to increase awareness and liquidity of its green energy related projects making FRED Energy a dual blockchain project."
Where can you buy FRED Energy?
FRED Energy (FRED) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for FRED sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting FRED, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of FRED Energy (FRED)?
The reported 24-hour trading volume of FRED Energy is $35.13. Volume is a live reading of how much FRED changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
