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What is Carbon Credit? Carbon Credit is a digital climate project that democratizes access to regulated carbon credits. CCT is the first cryptocurrency backed by European Union Allowance (EUA) - the most traded carbon credits in the world.
What is CCT? Each CCT represents 0.001 EUA or 1 kilogram of Carbon. By buying and holding CCTs, you can influence the business practices of major polluters. The appreciation in Carbon Allowances price will incentivize carbon-emitting firms to source energy from more environmentally friendly sources. CCT is revolutionizing consumer access to carbon markets, making it easier for everyone to participate in the fight against climate change.
Where can you buy CCT? CCT was created in March 2022 and was first listed on BitMart in the same month. Currently, CCT is available for trading on BitMart, MEXC Global, and Algofi. More exchanges will soon offer CCT.
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What is the description of Coin?
Carbon Credit Token (CC Token) is a cryptocurrency that is backed by regulated carbon credit.CC Tokens are collateralized by European Union Allowance (EUA) Futures – the most traded carbon credits in the world. Operating in regulated rather than voluntary carbon markets, CC Token acquires EUA Futures and releases equal numbers of CC Tokens with an asking price reflecting the acquisition price.
Through these mechanisms, 1 CC Token represents approximately 1 Kilogram of Carbon Emission. Price appreciation in Carbon Allowances will help to incentivise Carbon Emitting firms to acquire energy from more environmentally friendly sources.
By revolutionizing how consumers can access carbon markets, CC Token is making it easier than ever for ordinary people to offset their own carbon emissions.
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