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Easily convert TSLAX to CELR with ConvertOnline's efficient tool.
Tesla tokenized stock (xStock) (TSLAX) is a digital asset that represents a fraction of ownership in Tesla Inc. shares, allowing investors to trade and hold Tesla stock in a decentralized manner using blockchain technology. This tokenization facilitates easier access for investors, enabling them to buy, sell, or hold shares without the complexities of traditional stock trading platforms.
Celer Network (CELR) is a layer-2 scaling platform that aims to enhance the performance and usability of decentralized applications (dApps) by providing fast, secure, and low-cost transactions. It utilizes a unique technology called state channels, which allows off-chain transactions to be executed instantly while ensuring the security and integrity of the underlying blockchain.