Observer (OBSR)

Observer (OBSR) Cryptocurrency Coin Observer (OBSR) is a cryptocurrency coin first released and traded in April 2020 as an Ethereum token on the Ethereum blockchain. It is an Ethereum stablecoin that offers trading, staking, and a host of other activities on the blockchain. The core mission of OBSR is to increase efficiency, transparency, and trust in the cryptocurrency markets, whilst providing low fees, strong security and fast transaction times. Who Founded Observer? Observer was founded by a team of experienced blockchain developers, cryptocurrency experts, industry veterans, and professionals. The team is led by CEO and Co-Founder Patrick Connolly and have a number of experts within their team contributing to its development. What Makes it Unique? The main feature that sets OBSR apart from other coins is its stablecoin technology which helps to peg its value to that of the US dollar. This makes it an ideal trading asset as it will provide users with a hedge against volatility in the markets. Additionally, Observer is the first token to utilize a layer-2 blockchain technology, utilizing a process called ‘staking’. This not only allows traders to manage the risk associated with traditional cryptocurrency markets, but also allows them to earn rewards while trading. Where Does it Used? Observer is used primarily for trading, staking, and lending on decentralized exchanges. Due to its stablecoin technology, traders can trade using OBSR as a hedge against volatility. Additionally, users can earn rewards through its staking process, allowing them to increase their exposure to the cryptocurrency markets without increasing their exposure to price volatility. Furthermore, it is an excellent asset for users looking to lend their tokens at low interest rates. Where to Buy/Sell Observer? Observer can be bought and sold on any major cryptocurrency exchange offering ETH/OBSR trading pairs. The most popular exchanges currently offering OBSR trading pairs include Binance, Huobi Global, BitFinex, and KuCoin. Conclusion Observer is an Ethereum token and a stablecoin, providing a great way to effectively secure and cover against crypto assets or traditional crypto trading markets. With low fees, strong security and fast transaction times, it can be a great asset to hold and trade. Furthermore, its layer-2 blockchain technology (staking) allows users to earn rewards while trading, greatly increasing their total exposure. With OBSR available on a number of major exchanges, it is now easier than ever to buy and sell this asset.