What Is Space ID (ID)? 
Cryptocurrency
With the evolution of the digital world, Web3 domain names, which have replaced complex wallet addresses, are no longer a luxury but a necessity. Space ID, one of the pioneers of this transformation, aims to end the confusion by enabling users to manage their digital identities from a single point.
So,
what is Space ID Coin, which is on the radar of investors and tech enthusiasts?
What is ID Coin?
ID Coin is the native cryptocurrency of the SPACE ID network, which provides digital identity and domain name services in the
Web3 ecosystem. The project aims to enable users to manage their digital identities and domain names across different blockchains under one roof. The ID token plays a fundamental role in both the economic functioning and administrative processes of this structure.
ID Coin was launched in March 2023 through a Binance Launchpad sale and saw high demand during its launch. The token's launch enabled the SPACE ID ecosystem to reach a wider user base and paved the way for the question “
What is ID Coin?” to be evaluated within the framework of an ecosystem token focused on Web3 infrastructure.
Who are the founders of Space ID?
The founders of the SPACE ID project are Xu Nuo and Xu Wei. While detailed information about the founders' individual backgrounds and roles in the project is limited, it is known that they played a critical role in creating SPACE ID's multi-chain name services and Web3 Name SDK & API infrastructure for developers.
What Makes the Space ID Project Unique?
The standout feature of Space ID is that it allows users to interact with multiple Web3 applications through a single domain name. The SPACE ID network has a broad integration structure in the Web3 ecosystem; it is compatible with over 100 Web3 applications, including Trust Wallet, NFTScan, and PancakeSwap.
Domain names supported by the platform include
Ethereum,
BNB Chain, and
Arbitrum extensions, allowing users to create a single Web3 identity across different blockchains.
How does SPACE ID work?
SPACE ID functions as an identity platform that enables the management of Web3 domain names from a single hub. Users can perform domain name search, registration, buying, selling, and management operations through a single interface. This structure facilitates the creation and management of Web3 identities used across different blockchains.
The platform allows domain names to be integrated into decentralized applications (DApps) thanks to the Web3 Name SDK and API it offers to developers. This enables Web3 domain names to be used seamlessly across applications on different chains.
Thanks to SPACE ID's multi-chain structure, users can manage their Web3 identities through a single system, regardless of which blockchain they prefer. This structure reduces technical requirements, making the process more accessible, especially for users new to the Web3 world.
The ID token, the ecosystem's native asset, is used for governance,
staking, and payment transactions within the platform. Token holders can participate in decision-making processes through the DAO and benefit from various advantages in domain name transactions.
How to Buy ID Coin?
A
reliable cryptocurrency exchange should be preferred for ID Coin transactions. With CoinTR, one of the platforms where users in Türkiye can easily trade, you can buy and sell cryptocurrency in three steps. The three steps to follow are as follows:
-
Create an account and complete the Identity Verification (KYC) step.
-
Deposit TL into your account.
Where to Buy ID Coin?
Transactions related to ID Coin can be carried out through crypto asset service providers. These types of platforms offer different trading pairs and infrastructures for buying, selling, and tracking crypto assets. It is important for users to consider factors such as security, regulatory compliance, transparency, and transaction conditions when evaluating the platforms they will use for transactions.
CoinTR is among the crypto asset service providers operating in Türkiye. ID Coin is listed on CoinTR through the trading pairs offered on the platform. Users can trade after completing the procedures specified by the platform.
ID Coin Review
In
ID Coin review evaluations, the platform's structure focused on simplifying Web3 identity management and its token economy stand out. SPACE ID adopts a comprehensive model that offers users various advantages within the ecosystem through its native ID token.
The ID token encourages platform usage through core functions such as staking, payments, and governance. Token holders can benefit from discounts on domain name registration and marketplace transactions, while also participating in governance processes and having a say in the development of the ecosystem. The use and tracking of such digital assets is often carried out through
reliable crypto exchanges.
The fact that the
token distribution is planned to cover different user groups indicates that community-based growth is targeted. Airdrop applications targeting early-stage users and privileges provided to domain owners can be considered steps towards increasing the platform's adoption.
In general, when considered alongside its multi-chain Web3 domain name infrastructure, SPACE ID offers an ecosystem centered on user participation and long-term sustainability. This approach is among the key elements highlighted in comments about the project.
ID Coin Future
When evaluating the technical outlook and market trends together, the
future of ID Coin presents a multifaceted picture. In the short term, technical indicators point to the market adopting a cautious stance, while price movements suggest that volatility may continue. This situation indicates that investors are being more selective in their decision-making processes.
Although there are signals that pressure will continue in the medium term, expectations for the SPACE ID ecosystem paint a more balanced picture in the long term. The growing interest in Web3 domain names and digital identity solutions is among the factors highlighting the project's infrastructural value. Long-term scenarios indicate that such use cases may have the potential for broader adoption over time.
When following projects such as SPACE ID, investors can contribute to healthier assessments by monitoring market data and analyses through
reliable crypto sites. In the overall assessment, SPACE ID's future presents a volatile structure in the short term and one with potential in the long term.
FAQ
What is SPACE ID Coin?
ID Token is the native governance token of the Space ID project. In addition to being the governance token of the Space ID network, it also has use cases such as staking and payment transactions.
Which country does ID Coin belong to?
ID Coin does not belong to any country. It is a decentralized and global cryptocurrency used in the SPACE ID ecosystem.
When was ID Coin launched?
ID Coin began trading on the cryptocurrency market in March 2023.
On which exchanges is ID Coin available?
ID Coin is a digital asset listed and available for trading on international cryptocurrency exchanges with high trading volumes.
How much is ID Coin worth in dollars?
The dollar value of ID Coin can fluctuate constantly depending on the supply-demand balance in cryptocurrency markets, general market conditions, and investor interest. Therefore, it is not possible to state a fixed price for ID Coin. Current price information should be tracked through cryptocurrency platforms that provide real-time market data.
How much is ID Coin in Turkish Lira?
The Turkish Lira equivalent of ID Coin is directly related not only to the token's market value but also to exchange rate movements. Therefore, the TL-based price may vary over time.
Users trading in Türkiye can view
ID Coin price
information in real-time via CoinTR trading screens.
2025-12-30Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
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