Bitcoin is the most famous [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto), and probably always will be. It has the highest market capitalisation, which is another way of saying that more people own Bitcoin than any other cryptocurrency. It was also the [first cryptocurrency](https://www.bitcoin.com/satoshi-archive/whitepaper/) to be created, and this happened in 2009.

So who created this “digital gold” that now is becoming a mainstream store of value? Strangely, the creators of Bitcoin, even to this day, remain anonymous.

The cryptocurrency was created by one person or perhaps a group of people who called themselves “Satoshi Nakamoto”. They have not been heard of [since 2010,](https://bitcoinmagazine.com/technical/what-happened-when-bitcoin-creator-satoshi-nakamoto-disappeared) and it may be a mystery that is never solved.

Bitcoin (also known as BTC) was the first digital asset to be built on a blockchain, which means that every transaction that takes place using BTC is recorded on that blockchain. These transactions can be viewed by the public at any time. While we can’t know who is using the BTC to make these transactions, it is still a public ledger that is viewable by anyone.

#### Culture

Bitcoin started its life just 13 years ago, but already there is an established culture and lore that keeps media outlets buzzing. Even in the early days, the idea of Bitcoin captivated people.

For example, the first Bitcoin purchase was for pizza. However, this has blown up into “[Bitcoin Pizza Day](https://www.techopedia.com/definition/bitcoin-pizza-day)” and is a really fun theme on the internet. 

On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas, which was worth about US$41 at the time. Today, that Bitcoin would be worth over US$500 million. Keep in mind that the performance of Bitcoin can be highly volatile, with the value dropping as quickly as it can rise. Past performance is not a guide to the future.

These days, you can buy a lot of stuff with Bitcoin. Besides pizza, you can use Bitcoin to buy things like travel, gift cards, games, art, and even [space flights](https://spaceperspective.com/).

There are also many charities that accept Bitcoin donations.

#### Other interesting Bitcoin facts

Bitcoin is legal tender in El Salvador. On September 7, 2021, El Salvador became the first country to accept Bitcoin as legal tender, meaning that people can use it to pay taxes, debts, and goods and services. The government also gave every citizen US$30 worth of Bitcoin to encourage adoption.

In other interesting Bitcoin news, Bitcoin has a finite supply of 21 million coins, but not all of them are in circulation. Some of them are totally lost. Sometimes this is due to forgotten passwords, lost wallets, or the death of the owners. According to crypto data firm Chainalysis, around 20% of Bitcoin has been lost or is stuck in wallets that can’t be accessed.

Bitcoin is not only a currency, but also a network of computers that run the Bitcoin software and validate transactions. These computers are called nodes, and anyone can run one. There are tens of thousands of nodes distributed across the world, with the highest concentration in the United States, Germany, and France.

#### Blockchain

By using a [blockchain](https://www.coinjar.com/global/learn/what-is-blockchain), it means that transactions are checked as they happen. Because the blockchain is made up of a huge network of computers across the globe, and they all have to agree with one another when a transaction takes place, it means that it is probably impossible to cheat the system. This means that trust in the system is built in, so people using Bitcoin don’t need the bank or the government to act as an intermediary.

#### How many Bitcoin exist?

There will only ever be 21 million Bitcoin in circulation, but they have not all been “released” yet. At the time of writing, [19.6 million Bitcoin](https://www.blockchain.com/explorer/charts/total-bitcoins) have been mined so far. 
When 21 million Bitcoin have been mined, that’s the end of the road for new Bitcoin. It’s still a long way off yet and is predicted to happen in 2140.

#### What is mining?

To mine a Bitcoin, miners use hugely complex computers to compete with each other to solve cryptographic problems. The winner is rewarded with a Bitcoin, but more importantly, the winner adds a new “block” of transactions onto the blockchain, keeping the network healthy. This process is called a [Proof-of-Work](https://bitcoinmagazine.com/guides/proof-of-work) consensus mechanism.
The mining life isn’t always easy. For example, every four years, the Bitcoin network hits the “Halving” time.

The Halving is a time when the reward given to miners literally gets cut in half. This means that some miners will bow out of the race to mine Bitcoin, as the reward won’t be worth their efforts. The Halving is designed to make Bitcoin more scarce and subsequently put upward pressure on its price.

#### Trading pairs

Bitcoin is often used as a trading pair for other cryptocurrencies. Crypto enthusiasts use trading pairs to exchange one cryptocurrency for another, and they can do this without having to use normal money.

#### Bitcoin forks

A Bitcoin ‘fork’ is when a new cryptocurrency is created using new rules, while Bitcoin still follows the old rules. They split away the main blockchain and are then known as independent cryptocurrencies. Examples are Bitcoin Cash (BCH), Bitcoin Satoshi’s Vision (BSV), Bitcoin Diamond (BTCD) and Bitcoin Gold (BTCG).

When buying Bitcoin, be sure to check that you are buying coins on the original blockchain.

## How to buy Bitcoin (BTC): Steps

Wondering how to buy Bitcoin online? Haven’t bought Bitcoin before? Wondering where to buy Bitcoin? Don’t be overwhelmed. Using CoinJar to buy Bitcoin is somewhat similar to any other app that you use to purchase things you want. It’s very user friendly, so here's how to get Bitcoin in your possession!

#### 1. Download the CoinJar app on your iOS or Android device.

#### 2. Create an account and verify your ID. 

While you wait, you can get a coffee and doomscroll your phone endlessly and get on with your interesting life. 

#### 3. Once your ID is verified, you are free to buy some Bitcoin! 

Choose how much Bitcoin you want to buy and how you want to pay for it. There are several ways to do this, so choose the one that suits you best. You can transfer money from your bank account, or use other methods to pay. In this step, you are changing fiat currency (everyday money) to cryptocurrency. 

The thing to remember here is that you don't have to buy a whole Bitcoin. You can check the price of Bitcoin [here](https://www.coinjar.com/global/buy/bitcoin).

You can actually buy part of a Bitcoin. You can invest in a whole Bitcoin if you want, but you can also just buy a part of a Bitcoin too!

#### 4. Confirm your purchase. 

After this, you will receive your Bitcoin in your CoinJar wallet. You now have your favourite asset! You can spend your Bitcoin, sell it, buy more, or convert it into other cryptocurrencies, like Ethereum.

That’s it! You have successfully bought Bitcoin from CoinJar. You are now part of the crypto club!

So, if you have been asking yourself, how do beginners buy Bitcoin? Now you know!

Currency_BTC_c456efc11f.svg

### TLDR:
- Buy Bitcoin: A potential way to grow your wealth and participate in the future of finance.
- Why do investors buy Bitcoin? It is a digital asset with increasing global recognition and adoption. Read the fascinating backstory.
- Here's how to buy Bitcoin easily with CoinJar.

## What is Bitcoin?

Bitcoin is the most famous [cryptocurrency](https://www.coinjar.com/learn/what-is-crypto), and probably always will be. It has the highest market capitalization, which is another way of saying that more people own or buy Bitcoin than any other cryptocurrency. 
It was also the [first cryptocurrency](https://www.bitcoin.com/satoshi-archive/whitepaper/) to be created, and this happened in 2009.

So who created this “digital gold” that now is becoming a mainstream store of value? Strangely, the creators of Bitcoin, even to this day, remain anonymous.

The cryptocurrency was created by one person or perhaps a group of people who called themselves “Satoshi Nakamoto”. They have not been heard of [since 2010,](https://bitcoinmagazine.com/technical/what-happened-when-bitcoin-creator-satoshi-nakamoto-disappeared) and it may be a mystery that is never solved.

Bitcoin (also known as BTC) was the first digital asset to be built on a blockchain, which means that every transaction that takes place using BTC is recorded on that blockchain.
These transactions can be viewed by the public at any time. While we can’t know who is using the BTC to make these transactions, it is still a public ledger that is viewable by anyone.

## Why buy Bitcoin?

Investors are dram to Bitcoin for many reasons.

### Bitcoin culture

Bitcoin started its life just 13 years ago, but already there is an established culture and lore that keeps media outlets buzzing. Even in the early days, the idea of Bitcoin captivated people.

For example, the first Bitcoin purchase was for pizza. However, this has blown up into “[Bitcoin Pizza Day](https://www.techopedia.com/definition/bitcoin-pizza-day)” and is a really fun theme on the internet. 

On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas, which was worth about US$41 at the time. 

Today, that Bitcoin would be worth over US$500 million.

These days, you can buy a lot of stuff with Bitcoin. Besides pizza, you can use Bitcoin to buy things like travel, gift cards, games, art, and even [space flights](https://spaceperspective.com/).

There are also many charities that accept Bitcoin donations.

### Other interesting Bitcoin facts

Bitcoin is legal tender in El Salvador. On September 7, 2021, El Salvador became the first country to accept Bitcoin as legal tender, meaning that people can use it to pay taxes, debts, and goods and services. 

The government also gave every citizen US$30 worth of Bitcoin to encourage adoption.
In other interesting Bitcoin news, Bitcoin has a finite supply of 21 million coins, but not all of them are in circulation. Some of them are totally lost. Sometimes this is due to forgotten passwords, lost wallets, or the death of the owners. 

According to crypto data firm Chainalysis, around 20% of Bitcoin has been lost or is stuck in wallets that can’t be accessed.

Bitcoin is not only a currency, but also a network of computers that run the Bitcoin software and validate transactions. These computers are called nodes, and anyone can run one. 
There are tens of thousands of nodes distributed across the world, with the highest concentration in the United States, Germany, and France.

## How many Bitcoin exist?

There will only ever be 21 million Bitcoin in circulation, but they have not all been “released” yet. At the time of writing, [19.6 million Bitcoin](https://www.blockchain.com/explorer/charts/total-bitcoins) have been mined so far. 

When 21 million Bitcoin have been mined, that’s the end of the road for new Bitcoin. It’s still a long way off yet and is predicted to happen in 2140.

### Trading pairs

Bitcoin is often used as a trading pair for other cryptocurrencies. Crypto enthusiasts use trading pairs to exchange one cryptocurrency for another, and they can do this without having to use normal money.

## How to buy Bitcoin (BTC): Steps

Wondering how to buy Bitcoin online? Using CoinJar to buy Bitcoin is somewhat similar to any other app that you use to purchase things you want. 

Download the CoinJar app on your iOS or Android device.

Create an account and verify your ID. 

Once your ID is verified, you are free to buy some Bitcoin! 

You can transfer money from your bank account, or use other methods to pay. You can even use a credit card as a payment method.

The thing to remember here is that you don't have to buy a whole Bitcoin. You can actually buy part of a Bitcoin. You can check the price of Bitcoin [here](https://www.coinjar.com/buy/bitcoin).

Confirm your purchase. 

After this, you will receive your Bitcoin in your CoinJar wallet.


Bitcoin

Bitcoin is the most famous [cryptocurrency](https://www.coinjar.com/uk/learn/what-is-crypto), and probably always will be. It has the highest market capitalisation, which is another way of saying that more people own Bitcoin than any other cryptocurrency. It was also the [first cryptocurrency](https://www.bitcoin.com/satoshi-archive/whitepaper/) to be created, and this happened in 2009.

So who created this “digital gold” that now is becoming a mainstream store of value? Strangely, the creators of Bitcoin, even to this day, remain anonymous.

The cryptocurrency was created by one person or perhaps a group of people who called themselves “Satoshi Nakamoto”. They have not been heard of [since 2010,](https://bitcoinmagazine.com/technical/what-happened-when-bitcoin-creator-satoshi-nakamoto-disappeared) and it may be a mystery that is never solved.

Bitcoin (also known as BTC) was the first digital asset to be built on a blockchain, which means that every transaction that takes place using BTC is recorded on that blockchain. These transactions can be viewed by the public at any time. While we can’t know who is using the BTC to make these transactions, it is still a public ledger that is viewable by anyone.

#### Culture

Bitcoin started its life just 13 years ago, but already there is an established culture and lore that keeps media outlets buzzing. Even in the early days, the idea of Bitcoin captivated people.

For example, the first Bitcoin purchase was for pizza. However, this has blown up into “[Bitcoin Pizza Day](https://www.techopedia.com/definition/bitcoin-pizza-day)” and is a really fun theme on the internet. 

On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas, which was worth about US$41 at the time. Today, that Bitcoin would be worth over US$500 million. Keep in mind that the performance of bitcoin can be highly volatile, with the value dropping as quickly as it can rise. Past performance is not a guide to the future.

These days, you can buy a lot of stuff with Bitcoin. Besides pizza, you can use Bitcoin to buy things like travel, gift cards, games, art, and even [space flights](https://spaceperspective.com/).

There are also many charities that accept Bitcoin donations.

#### Other interesting Bitcoin facts

Bitcoin is legal tender in El Salvador. On September 7, 2021, El Salvador became the first country to accept Bitcoin as legal tender, meaning that people can use it to pay taxes, debts, and goods and services. The government also gave every citizen US$30 worth of Bitcoin to encourage adoption.

In other interesting Bitcoin news, Bitcoin has a finite supply of 21 million coins, but not all of them are in circulation. Some of them are totally lost. Sometimes this is due to forgotten passwords, lost wallets, or the death of the owners. According to crypto data firm Chainalysis, around 20% of Bitcoin has been lost or is stuck in wallets that can’t be accessed.

Bitcoin is not only a currency, but also a network of computers that run the Bitcoin software and validate transactions. These computers are called nodes, and anyone can run one. There are tens of thousands of nodes distributed across the world, with the highest concentration in the United States, Germany, and France.

#### Blockchain

By using a [blockchain](https://www.coinjar.com/uk/learn/what-is-blockchain), it means that transactions are checked as they happen. Because the blockchain is made up of a huge network of computers across the globe, and they all have to agree with one another when a transaction takes place, it means that it is probably impossible to cheat the system. This means that trust in the system is built in, so people using Bitcoin don’t need the bank or the government to act as an intermediary.

#### How many Bitcoin exist?

There will only ever be 21 million Bitcoin in circulation, but they have not all been “released” yet. At the time of writing, [19.6 million Bitcoin](https://www.blockchain.com/explorer/charts/total-bitcoins) have been mined so far. 
When 21 million Bitcoin have been mined, that’s the end of the road for new Bitcoin. It’s still a long way off yet and is predicted to happen in 2140.

#### What is mining?

To mine a Bitcoin, miners use hugely complex computers to compete with each other to solve cryptographic problems. The winner is rewarded with a Bitcoin, but more importantly, the winner adds a new “block” of transactions onto the blockchain, keeping the network healthy. This process is called a [Proof-of-Work](https://bitcoinmagazine.com/guides/proof-of-work) consensus mechanism.
The mining life isn’t always easy. For example, every four years, the Bitcoin network hits the “Halving” time.

The Halving is a time when the reward given to miners literally gets cut in half. This means that some miners will bow out of the race to mine Bitcoin, as the reward won’t be worth their efforts. The Halving is designed to make Bitcoin more scarce and subsequently put upwards pressure on its price.

#### Trading pairs

Bitcoin is often used as a trading pair for other cryptocurrencies. Crypto enthusiasts use trading pairs to exchange one cryptocurrency for another, and they can do this without having to use normal money.

#### Bitcoin forks

A Bitcoin ‘fork’ is when a new cryptocurrency is created using new rules, while Bitcoin still follows the old rules. They split away the main blockchain and are then known as independent cryptocurrencies. Examples are Bitcoin Cash (BCH), Bitcoin Satoshi’s Vision (BSV), Bitcoin Diamond (BTCD) and Bitcoin Gold (BTCG).

When buying Bitcoin, be sure to check that you are buying coins on the original blockchain.

## How to buy Bitcoin (BTC): Steps

Wondering how to buy Bitcoin online? Haven’t bought Bitcoin before? Wondering where to buy Bitcoin? Don’t be overwhelmed. Using CoinJar to buy Bitcoin is somewhat similar to any other app that you use to purchase things you want. It’s very user friendly, so here's how to get Bitcoin in your possession!

#### 1. Download the CoinJar app on your iOS or Android device.

#### 2. Create an account and verify your ID. 

While you wait, you can get a coffee and doomscroll your phone endlessly and get on with your interesting life. 

UK customers are required by law to complete a questionnaire that shows the risk is understood, plus UK customers are required to wait 24 hours before verification to adhere to a “cooling off period” stipulated by law.

#### 3. Once your ID is verified, you are free to buy some Bitcoin! 

Choose how much Bitcoin you want to buy and how you want to pay for it. There are several ways to do this, so choose the one that suits you best. You can transfer money from your bank account, or use other methods to pay. In this step, you are changing fiat currency (everyday money) to cryptocurrency. 

The thing to remember here is that you don't have to buy a whole Bitcoin. You can check the price of Bitcoin [here](https://www.coinjar.com/uk/buy/bitcoin).

You can actually buy part of a Bitcoin. You can invest in a whole Bitcoin if you want, but you can also just buy a part of a Bitcoin too!

#### 4. Confirm your purchase. 

After this, you will receive your Bitcoin in your CoinJar wallet. You now have your favourite asset! You can spend your Bitcoin, sell it, buy more, or convert it into other cryptocurrencies, like Ethereum.

That’s it! You have successfully bought Bitcoin from CoinJar. You are now part of the crypto club!

So, if you have been asking yourself, how do beginners buy Bitcoin? Now you know!
 


Bitcoin is the most famous [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto), and probably always will be. It has the highest market capitalisation, which is another way of saying that more people own Bitcoin than any other cryptocurrency. It was also the [first cryptocurrency](https://www.bitcoin.com/satoshi-archive/whitepaper/) to be created, and this happened in 2009.

So who created this “digital gold” that now is becoming a mainstream store of value? Strangely, the creators of Bitcoin, even to this day, remain anonymous.

The cryptocurrency was created by one person or perhaps a group of people who called themselves “Satoshi Nakamoto”. They have not been heard of [since 2010,](https://bitcoinmagazine.com/technical/what-happened-when-bitcoin-creator-satoshi-nakamoto-disappeared) and it may be a mystery that is never solved.

Bitcoin (also known as BTC) was the first digital asset to be built on a blockchain, which means that every transaction that takes place using BTC is recorded on that blockchain. These transactions can be viewed by the public at any time. While we can’t know who is using the BTC to make these transactions, it is still a public ledger that is viewable by anyone.

#### Culture

Bitcoin started its life just 13 years ago, but already there is an established culture and lore that keeps media outlets buzzing. Even in the early days, the idea of Bitcoin captivated people.

For example, the first Bitcoin purchase was for pizza. However, this has blown up into “[Bitcoin Pizza Day](https://www.techopedia.com/definition/bitcoin-pizza-day)” and is a really fun theme on the internet. 

On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas, which was worth about US$41 at the time. Today, that Bitcoin would be worth over US$500 million. Keep in mind that the performance of bitcoin can be highly volatile, with the value dropping as quickly as it can rise. Past performance is not a guide to the future.

These days, you can buy a lot of stuff with Bitcoin. Besides pizza, you can use Bitcoin to buy things like travel, gift cards, games, art, and even [space flights](https://spaceperspective.com/).

There are also many charities that accept Bitcoin donations.

#### Other interesting Bitcoin facts

Bitcoin is legal tender in El Salvador. On September 7, 2021, El Salvador became the first country to accept Bitcoin as legal tender, meaning that people can use it to pay taxes, debts, and goods and services. The government also gave every citizen US$30 worth of Bitcoin to encourage adoption.

In other interesting Bitcoin news, Bitcoin has a finite supply of 21 million coins, but not all of them are in circulation. Some of them are totally lost. Sometimes this is due to forgotten passwords, lost wallets, or the death of the owners. According to crypto data firm Chainalysis, around 20% of Bitcoin has been lost or is stuck in wallets that can’t be accessed.

Bitcoin is not only a currency, but also a network of computers that run the Bitcoin software and validate transactions. These computers are called nodes, and anyone can run one. There are tens of thousands of nodes distributed across the world, with the highest concentration in the United States, Germany, and France.

#### Blockchain

By using a [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain), it means that transactions are checked as they happen. Because the blockchain is made up of a huge network of computers across the globe, and they all have to agree with one another when a transaction takes place, it means that it is probably impossible to cheat the system. This means that trust in the system is built in, so people using Bitcoin don’t need the bank or the government to act as an intermediary.

#### How many Bitcoin exist?

There will only ever be 21 million Bitcoin in circulation, but they have not all been “released” yet. At the time of writing, [19.6 million Bitcoin](https://www.blockchain.com/explorer/charts/total-bitcoins) have been mined so far. 
When 21 million Bitcoin have been mined, that’s the end of the road for new Bitcoin. It’s still a long way off yet and is predicted to happen in 2140.

#### What is mining?

To mine a Bitcoin, miners use hugely complex computers to compete with each other to solve cryptographic problems. The winner is rewarded with a Bitcoin, but more importantly, the winner adds a new “block” of transactions onto the blockchain, keeping the network healthy. This process is called a [Proof-of-Work](https://bitcoinmagazine.com/guides/proof-of-work) consensus mechanism.
The mining life isn’t always easy. For example, every four years, the Bitcoin network hits the “Halving” time.

The Halving is a time when the reward given to miners literally gets cut in half. This means that some miners will bow out of the race to mine Bitcoin, as the reward won’t be worth their efforts. The Halving is designed to make Bitcoin more scarce and subsequently put upwards pressure on its price.

#### Trading pairs

Bitcoin is often used as a trading pair for other cryptocurrencies. Crypto enthusiasts use trading pairs to exchange one cryptocurrency for another, and they can do this without having to use normal money.

#### Bitcoin forks

A Bitcoin ‘fork’ is when a new cryptocurrency is created using new rules, while Bitcoin still follows the old rules. They split away the main blockchain and are then known as independent cryptocurrencies. Examples are Bitcoin Cash (BCH), Bitcoin Satoshi’s Vision (BSV), Bitcoin Diamond (BTCD) and Bitcoin Gold (BTCG).

When buying Bitcoin, be sure to check that you are buying coins on the original blockchain.

## How to buy Bitcoin (BTC): Steps

Wondering how to buy Bitcoin online? Haven’t bought Bitcoin before? Wondering where to buy Bitcoin? Don’t be overwhelmed. Using CoinJar to buy Bitcoin is somewhat similar to any other app that you use to purchase things you want. It’s very user friendly, so here's how to get Bitcoin in your possession!

#### 1. Download the CoinJar app on your iOS or Android device.

#### 2. Create an account and verify your ID. 

While you wait, you can get a coffee and doomscroll your phone endlessly and get on with your interesting life. 

UK customers are required by law to complete a questionnaire that shows the risk is understood, plus UK customers are required to wait 24 hours before verification to adhere to a “cooling off period” stipulated by law.

#### 3. Once your ID is verified, you are free to buy some Bitcoin! 

Choose how much Bitcoin you want to buy and how you want to pay for it. There are several ways to do this, so choose the one that suits you best. You can transfer money from your bank account, or use other methods to pay. In this step, you are changing fiat currency (everyday money) to cryptocurrency. 

The thing to remember here is that you don't have to buy a whole Bitcoin. You can check the price of Bitcoin [here](https://www.coinjar.com/au/buy/bitcoin).

You can actually buy part of a Bitcoin. You can invest in a whole Bitcoin if you want, but you can also just buy a part of a Bitcoin too!

#### 4. Confirm your purchase. 

After this, you will receive your Bitcoin in your CoinJar wallet. You now have your favourite asset! You can spend your Bitcoin, sell it, buy more, or convert it into other cryptocurrencies, like Ethereum.

That’s it! You have successfully bought Bitcoin from CoinJar. You are now part of the crypto club!

So, if you have been asking yourself, how do beginners buy Bitcoin? Now you know!
 


Ethereum is the second-biggest [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) by market capitalization and the crypto that pioneered the broader use of blockchain as a technology.

Created in 2015 by 19-year-old prodigy Vitalik Buterin, Ethereum inverted the Bitcoin model, emphasising the blockchain over the currency itself. If blockchains could verify monetary transactions, then why not shipping manifests, airline bookings, website code or home ownership?

## Ethereum in popular culture 

### Buy ETH because it's cool? How pop culture is absorbing Ethereum

Ethereum and its related concepts have started to seep into pop culture. If you were considering a crypto that the cool kids like, buying Ethereum might interest you.

### Futurama and Ether

Futurama, the animated sci-fi comedy series, has [mentioned Ethereum](https://www.youtube.com/watch?v=nJ45a3y-8Oc) more than once.

And of course, you can buy an NFT of [Viterlik Buterin’s head](https://opensea.io/assets/ethereum/0xe68e16178f51f84d60863fd7f06bcd1cbbc853a9/3 ) in a Futurama-style vase. 

### Celebs and Ether

Celebs are also deep into Ethereum. For example, Paris Hilton got into Ethereum in 2016, and [claims](https://www.cnbc.com/2022/01/26/paris-hilton-has-invested-in-crypto-since-2016-heres-why-shes-betting-big-on-nfts-and-the-metaverse.html) to have made a tidy profit from her early investment.

Vitalik Buterin, founder of Ethereum, has become a celebrity in his own right. And, he is becoming known as [quite the fashion leader](https://beincrypto.com/vitalik-buterin-wears-dinosaur-costume-becomes-fashion-god/). 

These kinds of pop culture appearances helped to raise awareness and interest in Ethereum and other cryptocurrencies among the general public, especially the younger generation. And this just makes buying ETH seem like a fun thing to do!

## Buying ETH because of the developers behind it

Ethereum’s biggest innovation in this respect was what Buterin termed ‘smart contracts’ – programmable and unalterable contracts that would auto-execute when certain conditions were met. 

This simple idea meant Ethereum could become the first true blockchain platform: A blockchain upon which decentralized apps and blockchains could be built.

Participants pay so-called “gas” fees to use the network, which are denominated in Ethereum’s native cryptocurrency, Ether (ETH). The more demand there is, the higher the gas fees.

While there’s no hardcoded upper limit on the amount of ETH to be created like there is with Bitcoin, Ethereum has introduced a mechanism that means a certain amount of ETH is burnt in every transaction, helping to reduce inflationary pressures. It’s predicted that over time this will lead to more ETH being destroyed than created.

The network is powered by a Proof-of-Stake consensus model that requires 99.95% less energy than Proof-of-Work models like Bitcoin. This means that people who hold a certain amount of ETH can stake it to help verify transactions, receiving newly issued ETH in the process.

Many of the biggest and most exciting projects in the crypto space are built on Ethereum. The platform’s ERC-20 standard is the architecture that powers more than 20 of the coins on CoinJar – including all the major DeFi projects – while NFTs (non-fungible tokens) came into being thanks to ERC-721.

## How to buy Ethereum: Buy ETH on CoinJar

Are you asking yourself, "How can I buy Ethereum?" Here are the steps.

-Download the CoinJar app on iOS or Android. This is the easiest way to access CoinJar’s services and features. You can also use the web version of CoinJar, but the app has a more user-friendly interface.

-Create an account with CoinJar and verify your ID. This is required to comply with the regulations and laws in your country. You will need to provide some personal information, such as your name, email, phone number, and address. 

You will also need to upload a photo of your ID document, such as a passport or driver’s license. The verification process may take a few minutes or hours, depending on the volume of requests.

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the method that suits you best. You can use a bank transfer, or a card payment, among other methods.

-You can then use the funds in your account to buy Ethereum at the market price or place a custom order.

-CoinJar provides a secure and convenient wallet for storing your Ethereum and other cryptocurrencies. You can access your wallet from the app or the web. 

You can also send and receive Ethereum from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your Ethereum from CoinJar to any other compatible wallet.

-Welcome to the Ethereum club!


ETH_33758a8450.svg

## TLDR:
- Investors are looking to buy Ethereum due to its potential for growth, here’s why.
- Ethereum is the second-most popular cryptocurrency in the world.
- Here's how to buy Ethereum easily with CoinJar. 

## Why investors buy Ethereum

Ethereum is the second-biggest [cryptocurrency](https://www.coinjar.com/learn/what-is-crypto) by market capitalization and the crypto that pioneered the broader use of blockchain as a technology.

Created in 2015 by 19-year-old prodigy Vitalik Buterin, Ethereum inverted the Bitcoin model, emphasizing the blockchain over the currency itself. If blockchains could verify monetary transactions, then why not shipping manifests, airline bookings, website code or home ownership?

These days, Ethereum, a digital asset with the second-largest market cap after Bitcoin, can be bought and sold using various fiat currencies on cryptocurrency exchanges.

## Ethereum in popular culture 

### Buy ETH because it's cool? How pop culture is absorbing Ethereum

Ethereum and its related concepts have started to seep into pop culture. If you were considering a crypto that the cool kids like, buying Ethereum might interest you.

### Futurama and Ether

Futurama, the animated sci-fi comedy series, has [mentioned Ethereum](https://www.youtube.com/watch?v=nJ45a3y-8Oc) more than once.

And of course, you can buy an NFT of [Viterlik Buterin’s head](https://opensea.io/assets/ethereum/0xe68e16178f51f84d60863fd7f06bcd1cbbc853a9/3 ) in a Futurama-style vase. 

### Celebs and Ether

Celebs are also deep into Ethereum. For example, Paris Hilton got into Ethereum in 2016, and [claims](https://www.cnbc.com/2022/01/26/paris-hilton-has-invested-in-crypto-since-2016-heres-why-shes-betting-big-on-nfts-and-the-metaverse.html) to have made a tidy profit from her early investment.

Vitalik Buterin, founder of Ethereum, has become a celebrity in his own right. And, he is becoming known as [quite the fashion leader](https://beincrypto.com/vitalik-buterin-wears-dinosaur-costume-becomes-fashion-god/). 

These kinds of pop culture appearances helped to raise awareness and interest in Ethereum and other cryptocurrencies among the general public, especially the younger generation. And this just makes buying ETH seem like a fun thing to do!

## Buying ETH because of the developers behind it

Ethereum’s biggest innovation in this respect was what Buterin termed ‘smart contracts’ – programmable and unalterable contracts that would auto-execute when certain conditions were met. 

This simple idea meant Ethereum could become the first true blockchain platform: A blockchain upon which decentralized apps and blockchains could be built.

Participants pay so-called “gas” fees to use the network, which are denominated in Ethereum’s native cryptocurrency, Ether (ETH). The more demand there is, the higher the gas fees.

While there’s no hardcoded upper limit on the amount of ETH to be created like there is with Bitcoin, Ethereum has introduced a mechanism that means a certain amount of ETH is burnt in every transaction, helping to reduce inflationary pressures. 

It’s predicted that over time this will lead to more ETH being destroyed than created.

The network is powered by a Proof-of-Stake consensus model that requires 99.95% less energy than Proof-of-Work models like Bitcoin. 

This means that people who hold a certain amount of ETH can stake it to help verify transactions, receiving newly issued ETH in the process.

Many of the biggest and most exciting projects in the crypto space are built on Ethereum. The platform’s ERC-20 standard is the architecture that powers more than 20 of the coins on CoinJar – including all the major DeFi projects – while NFTs (non-fungible tokens) came into being thanks to ERC-721.

## How to buy Ethereum: Buy ETH on CoinJar

Are you asking yourself, "How can I buy Ethereum?" Here are the steps.

-Download the CoinJar app on iOS or Android. This is the easiest way to access CoinJar’s services and features. You can also use the web version of CoinJar, but the app has a more user-friendly interface.

-Create an account with CoinJar and verify your ID. This is required to comply with the regulations and laws in your country. You will need to provide some personal information, such as your name, email, phone number, and address. 

You will also need to upload a photo of your ID document, such as a passport or driver’s license. The verification process may take a few minutes or hours, depending on the volume of requests.

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the method that suits you best. You can use a bank transfer, or a card payment, among other methods.

-You can then use the funds in your account to buy Ethereum at the market price or place a custom order.

-CoinJar provides a secure and convenient wallet for storing your Ethereum and other cryptocurrencies. You can access your wallet from the app or the web. 

You can also send and receive Ethereum from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your Ethereum from CoinJar to any other compatible wallet.

-Welcome to the Ethereum club!


Ethereum

Ethereum is the second-biggest [cryptocurrency](https://www.coinjar.com/uk/learn/what-is-crypto) by [market cap](https://coinmarketcap.com/) and the crypto that pioneered the broader use of blockchain as a technology.

Created in 2015 by 19-year-old prodigy Vitalik Buterin, Ethereum inverted the Bitcoin model, emphasising the blockchain over the currency itself. If blockchains could verify monetary transactions, then why not shipping manifests, airline bookings, website code or home ownership?

## Ethereum in popular culture 

### Buy ETH because it's cool? How pop culture is absorbing Ethereum

Ethereum and its related concepts have started to seep into pop culture. If you were considering a crypto that the cool kids like, buying Ethereum might interest you.

### Futurama and Ether

Futurama, the animated sci-fi comedy series, has [mentioned Ethereum](https://www.youtube.com/watch?v=nJ45a3y-8Oc) more than once.

And of course, you can buy an NFT of [Viterlik Buterin’s head](https://opensea.io/assets/ethereum/0xe68e16178f51f84d60863fd7f06bcd1cbbc853a9/3 ) in a Futurama-style vase. 


### Culture and Ether

Vitalik Buterin, founder of Ethereum, has become a celebrity in his own right. And, he is becoming known as [quite the fashion leader](https://beincrypto.com/vitalik-buterin-wears-dinosaur-costume-becomes-fashion-god/). 

These kinds of pop culture appearances helped to raise awareness and interest in Ethereum and other cryptocurrencies among the general public, especially the younger generation. And this just makes buying ETH seem like a fun thing to do!

## Buying ETH because of the developers behind it

Ethereum’s biggest innovation in this respect was what Buterin termed ‘smart contracts’ – programmable and unalterable contracts that would auto-execute when certain conditions were met. 

This idea meant Ethereum could become the first true blockchain platform: A blockchain upon which decentralised apps and blockchains could be built.

Participants pay so-called “gas” fees to use the network, which are denominated in Ethereum’s native cryptocurrency, Ether (ETH). The more demand there is, the higher the gas fees.

While there’s no hardcoded upper limit on the amount of ETH to be created like there is with Bitcoin, Ethereum has introduced a mechanism that means a certain amount of ETH is burnt in every transaction, helping to reduce inflationary pressures. It’s predicted that over time this will lead to more ETH being destroyed than created.

The network is powered by a Proof-of-Stake consensus model that requires 99.95% less energy than Proof-of-Work models like Bitcoin. This means that people who hold a certain amount of ETH can stake it to help verify transactions, receiving newly issued ETH in the process.

Many of the biggest and most exciting projects in the crypto space are built on Ethereum. The platform’s ERC-20 standard is the architecture that powers more than 20 of the coins on CoinJar – including all the major DeFi projects – while NFTs (non-fungible tokens) came into being thanks to ERC-721.

## How to buy Ethereum: Buy ETH on CoinJar

Are you asking yourself, "How can I buy Ethereum?" Here are the steps.

-Download the CoinJar app on iOS or Android. This is the most convenient t way to access CoinJar’s services and features. You can also use the web version of CoinJar, but the app has a more user-friendly interface.

-Create an account with CoinJar and verify your ID. This is required to comply with the regulations and laws in your country. You will need to provide some personal information, such as your name, email, phone number, and address. 

You will also need to upload a photo of your ID document, such as a passport or driver’s license and in some cases a proof of your address such as a utility bill or bank statement. The verification process may take a few minutes or hours, depending on the volume of requests.

Due to UK regulations, UK customers will need to answer a questionnaire about understanding the risks. UK residents are required to take an assessment and then wait 24 hours (see below).

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the method that suits you best. You can use a bank transfer or make a purchase using a card among other methods.

-You can then use the funds in your account to buy Ethereum at the market price or place a custom order.

-CoinJar provides a secure and convenient wallet for storing your Ethereum and other cryptocurrencies. You can access your wallet from the app or the web. 

You can also send and receive Ethereum from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your Ethereum from CoinJar to any other compatible wallet.

-Welcome to the Ethereum club!





Buy Ethereum in Australia: Ethereum is the second-biggest [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) and the crypto that pioneered the broader use of blockchain as a technology.

Created in 2015 by 19-year-old prodigy Vitalik Buterin, Ethereum inverted the Bitcoin model, emphasising the blockchain over the currency itself. If blockchains could verify monetary transactions, then why not shipping manifests, airline bookings, website code or home ownership?

## Ethereum in popular culture 

### Buy ETH because it's cool? How pop culture is absorbing Ethereum

Ethereum and its related concepts have started to seep into pop culture. If you were considering a crypto that the cool kids like, buying Ethereum might interest you.

### Futurama and Ether

Futurama, the animated sci-fi comedy series, has [mentioned Ethereum](https://www.youtube.com/watch?v=nJ45a3y-8Oc) more than once.

And of course, you can buy an NFT of [Viterlik Buterin’s head](https://opensea.io/assets/ethereum/0xe68e16178f51f84d60863fd7f06bcd1cbbc853a9/3 ) in a Futurama-style vase. 

### Celebs and Ether

Celebs are also deep into Ethereum. For example, Paris Hilton got into Ethereum in 2016, and [claims](https://www.cnbc.com/2022/01/26/paris-hilton-has-invested-in-crypto-since-2016-heres-why-shes-betting-big-on-nfts-and-the-metaverse.html) to have made a tidy profit from her early investment.

Vitalik Buterin, founder of Ethereum, has become a celebrity in his own right. And, he is becoming known as [quite the fashion leader](https://beincrypto.com/vitalik-buterin-wears-dinosaur-costume-becomes-fashion-god/). 

These kinds of pop culture appearances helped to raise awareness and interest in Ethereum and other cryptocurrencies among the general public, especially the younger generation. And this just makes buying ETH seem like a fun thing to do!

## Buying ETH because of the developers behind it

Ethereum’s biggest innovation in this respect was what Buterin termed ‘smart contracts’ – programmable and unalterable contracts that would auto-execute when certain conditions were met. 

This simple idea meant Ethereum could become the first true blockchain platform: A blockchain upon which decentralised apps and blockchains could be built.

Participants pay so-called “gas” fees to use the network, which are denominated in Ethereum’s native cryptocurrency, Ether (ETH). The more demand there is, the higher the gas fees.

While there’s no hardcoded upper limit on the amount of ETH to be created like there is with Bitcoin, Ethereum has introduced a mechanism that means a certain amount of ETH is burnt in every transaction, helping to reduce inflationary pressures. It’s predicted that over time this will lead to more ETH being destroyed than created.

The network is powered by a Proof-of-Stake consensus model that requires 99.95% less energy than Proof-of-Work models like Bitcoin. This means that people who hold a certain amount of ETH can stake it to help verify transactions, receiving newly issued ETH in the process.

Many of the biggest and most exciting projects in the crypto space are built on Ethereum. The platform’s ERC-20 standard is the architecture that powers more than 20 of the coins on CoinJar – including all the major DeFi projects – while NFTs (non-fungible tokens) came into being thanks to ERC-721.

## How to buy Ethereum: Buy ETH on CoinJar

Are you asking yourself, "How can I buy Ethereum?" Here are the steps.

-Download the CoinJar app on iOS or Android. This is the easiest way to access CoinJar’s services and features. You can also use the web version of CoinJar, but the app has a more user-friendly interface.

-Create an account with CoinJar and verify your ID. 

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the method that suits you best. You can use a bank transfer, or a card payment, among other methods.

-You can then use the funds in your account to buy Ethereum at the market price or place a custom order.

-CoinJar provides a secure and convenient wallet for storing your Ethereum and other cryptocurrencies. You can access your wallet from the app or the web. 

You can also send and receive Ethereum from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your Ethereum from CoinJar to any other compatible wallet.

-Welcome to the Ethereum club!

Want to buy XRP? But what is XRP? And how is it connected to Ripple? How do I buy it? Here's everything you need to know about it.

XRP is a [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) that you can use to send and receive payments across the world. It is different from regular money because it is not controlled by any government or bank. Instead, it runs on a network owned by a company called Ripple. This network is called the [XRP Ledger.](https://xrpl.org/index.html)

XRP is the native crypto token of the Ripple network, and it consistently lists among the top 10 cryptocurrencies by market capitalization (if a crypto has the highest market cap, it means that more money has been invested by people in that crypto than any other). At the time of writing, XRP was the [6th](https://coinmarketcap.com/) most-popular cryptocurrency. It can be bought at pretty much every crypto exchange.

## What is XRP?

XRP is designed to be fast, cheap, and reliable. It can handle thousands of transactions per second, and it only takes a few seconds to confirm a payment. It also has very low fees, which means you can send money to anyone without losing much value. While Bitcoin is also handy for international payments with no fees, XRP is less energy intensive. 

XRP can also be exchanged for other types of fiat currency or crypto, such as dollars, euro, or Bitcoin. This makes it easier to move money across different countries and currencies.

## Who owns XRP?

XRP is created and managed by a company called Ripple Labs. Ripple’s goal is to improve the way money moves around the world, especially for international payments, using a blockchain. 

Ripple offers various products and services that use XRP and the XRP Ledger to connect banks, payment providers, and other financial institutions. By using XRP, these institutions can save time and money, and offer better services to their customers.

XRP is one of the most popular and valuable cryptocurrencies in the world. Many people invest in XRP because they believe in its potential to change the future of finance. 
However, XRP also faces some challenges and risks, such as regulation, competition, and security. 

Ripple has had some [famous stoushes](https://cointelegraph.com/learn/the-sec-vs-ripple-lawsuit-everything-you-need-to-know) with regulators in the USA, and in early 2024, an executive of Ripple, Chris Larsen, had his private [wallet hacked](https://twitter.com/chrislarsensf/status/1752702297971532258 ) for a reported US$112.5m in XRP. 

The price of XRP fell after this news, and Larsen quickly claimed on X that the funds were frozen and everything is fine… but it is something to keep on your radar.

The main point of XRP’s existence however is to make international payments between banks almost instant and cheaper. In fact it is set to totally disrupt the existing SWIFT system.

## Why Ripple is better than existing systems like SWIFT

XRP is superior to the SWIFT system for several reasons.

-Faster transactions: XRP can settle payments in 3 to 5 seconds, while SWIFT can take up to 5 business days.

-Lower costs: XRP has a very low transaction fee of 0.0001 XRP, while SWIFT charges a percentage of the transaction value, which can be very expensive for large amounts.

-Greater transparency: XRP uses a distributed ledger that records every transaction and can be verified by anyone, while SWIFT relies on a network of intermediaries that can cause delays, errors, and fraud.

-Higher scalability: XRP can handle thousands of transactions per second, while SWIFT has a limited capacity and can face congestion and downtime.

These advantages make XRP a more efficient and reliable way to send and receive money across the world, especially for international payments. 

## Ripple legal dramas

The drama Ripple had with regulators began in late 2020 when the U.S. Securities and Exchange Commission (SEC) charged Ripple with selling unregistered securities in the form of XRP on cryptocurrency exchanges. 

After years of litigation, on July 13, 2023, a federal judge handed the company a partial victory by ruling that XRP sales on public crypto exchanges were not offers of securities under the law. 

## How to buy XRP?

If you’re interested in buying Ripple XRP, you can buy it on CoinJar. There are also several brokers and exchanges available that also offer it. Before buying and trading, it’s important to do your research and read reviews to find a reputable company. 

To buy Ripple XRP, you’ll need to create an account with CoinJar, verify your identity, and deposit money into your account. There are several ways to do this, including bank transfer and you can buy it with a card.

Once you have funds available, you can purchase XRP directly with your local currency or trade it for other cryptocurrencies like Bitcoin.

After buying XRP, you can store it in a wallet, send it to other users on the network, or trade it on a cryptocurrency exchange. 

Keep in mind that the price of XRP is highly volatile and subject to change.

## Ripple XRP: Conclusion

In summary, Ripple XRP is a payment settlement system and currency exchange network that can process transactions globally. XRP is the cryptocurrency that is used on the XRP Ledger. It is more cost-effective, has faster transaction times, and is less energy-intensive than Bitcoin. 

XRP is better than the way SWIFT and banks do it now because it is faster, cheaper, and more secure. 

In summary, Ripple XRP has the potential to revolutionise the way we think about money and payments. If you’re interested in buying XRP, make sure to do your research and choose a reputable exchange like CoinJar. 



Currency_XRP_7877ac94de.svg

Want to buy Ripple (XRP)? But what is XRP? And how is it connected to Ripple? How do I buy XRP? Here's everything you need to know about it.

XRP is a [cryptocurrency](https://www.coinjar.com/learn/what-is-crypto) that you can use to send and receive payments across the world. It is different from regular money because it is not controlled by any government or bank. Instead, it runs on a network owned by a company called Ripple. This network is called the [XRP Ledger.](https://xrpl.org/index.html)

XRP is the native crypto token of the Ripple network, and it consistently lists among the top 10 cryptocurrencies by market capitalization (if a crypto has the highest market cap, it means that more money has been invested by people in that crypto than any other). At the time of writing, XRP was the [6th](https://coinmarketcap.com/) most-popular cryptocurrency. It can be bought at pretty much every crypto exchange.

## What is XRP?

XRP is designed to be fast, cheap, and reliable. It can handle thousands of transactions per second, and it only takes a few seconds to confirm a payment. It also has very low fees, which means you can send money to anyone without losing much value. While Bitcoin is also handy for international payments with no fees, XRP is less energy intensive. 

XRP can also be exchanged for other types of fiat currency or crypto, such as dollars, euro, or Bitcoin. This makes it easier to move money across different countries and currencies.

## Who owns XRP?

XRP is created and managed by a company called Ripple Labs. Ripple’s goal is to improve the way money moves around the world, especially for international payments, using a blockchain. 

Ripple offers various products and services that use XRP and the XRP Ledger to connect banks, payment providers, and other financial institutions. By using XRP, these institutions can save time and money, and offer better services to their customers.

XRP is one of the most popular and valuable cryptocurrencies in the world. Many people invest in XRP because they believe in its potential to change the future of finance. 

However, XRP also faces some challenges and risks, such as regulation, competition, and security. 

Ripple has had some [famous stoushes](https://cointelegraph.com/learn/the-sec-vs-ripple-lawsuit-everything-you-need-to-know) with regulators in the USA, and in early 2024, an executive of Ripple, Chris Larsen, had his private [wallet hacked](https://twitter.com/chrislarsensf/status/1752702297971532258 ) for a reported $112.5m in XRP. 

The price of XRP fell after this news, and Larsen quickly claimed on X that the funds were frozen and everything is fine… but it is something to keep on your radar.

The main point of XRP’s existence however is to make international payments between banks almost instant and cheaper. In fact it is set to totally disrupt the existing SWIFT system.

## Why Ripple is better than existing systems like SWIFT

XRP is superior to the SWIFT system for several reasons.

-Faster transactions: XRP can settle payments in 3 to 5 seconds, while SWIFT can take up to 5 business days.

-Lower costs: XRP has a very low transaction fee of 0.0001 XRP, while SWIFT charges a percentage of the transaction value, which can be very expensive for large amounts.

-Greater transparency: XRP uses a distributed ledger that records every transaction and can be verified by anyone, while SWIFT relies on a network of intermediaries that can cause delays, errors, and fraud.

-Higher scalability: XRP can handle thousands of transactions per second, while SWIFT has a limited capacity and can face congestion and downtime.

These advantages make XRP a more efficient and reliable way to send and receive money across the world, especially for international payments. 

## Ripple legal dramas

The drama Ripple had with regulators began in late 2020 when the U.S. Securities and Exchange Commission (SEC) charged Ripple with selling unregistered securities in the form of XRP on cryptocurrency exchanges. 

After years of litigation, on July 13, 2023, a federal judge handed the company a partial victory by ruling that XRP sales on public crypto exchanges were not offers of securities under the law. 

## How to buy XRP?

If you’re interested in buying Ripple XRP, you can buy it on CoinJar. 

To buy Ripple XRP, you’ll need to create an account with CoinJar, verify your identity, and deposit money into your account. There are several ways to do this, including bank transfer and you can buy it with a card.

Once you have funds available, you can purchase XRP directly with your local currency or trade it for other cryptocurrencies like Bitcoin.

After buying XRP, you can store it in a wallet, send it to other users on the network, or trade it on a cryptocurrency exchange. 

## Ripple XRP: Conclusion

In summary, Ripple XRP is a payment settlement system and currency exchange network that can process transactions globally. XRP is the cryptocurrency that is used on the XRP Ledger. It is more cost-effective, has faster transaction times, and is less energy-intensive than Bitcoin. 

XRP is better than the way SWIFT and banks do it now because it is faster, cheaper, and more secure. 



Why investors buy XRP: XRP is a [cryptocurrency ](https://www.coinjar.com/au/learn/what-is-crypto) that you can use to send and receive payments across the world. It is different from regular money because it is not controlled by any government or bank. 

Instead, it runs on a network owned by a company called Ripple. This network is called the [XRP Ledger](https://xrpl.org/index.html ).

XRP is the native crypto token of the Ripple network, and it consistently lists among the top 10 cryptocurrencies by market capitalisation (if a crypto has the highest market cap, it means that more money has been invested by people in that crypto than any other). 

At the time of writing, XRP was the [6th most-popular cryptocurrency](https://coinmarketcap.com/). It can be bought at pretty much every crypto exchange.

## What is XRP?

XRP has low fees. While Bitcoin is also handy for international payments with no fees, XRP is less energy intensive. 

XRP can also be exchanged for other types of fiat currency or crypto, such as dollars, euro, or Bitcoin. This makes it easier to move money across different countries and currencies.

## Who owns XRP?

XRP is created and managed by a company called Ripple Labs. Ripple’s goal is to improve the way money moves around the world, especially for international payments, using a blockchain. Ripple offers various products and services that use XRP and the XRP Ledger to connect banks, payment providers, and other financial institutions. 

XRP may present concentration risk due to its initial distribution split between its founders and Ripple Labs.

XRP also faces some challenges and risks, such as regulation, competition, and security. 

Ripple has had some [famous stoushes](https://cointelegraph.com/learn/the-sec-vs-ripple-lawsuit-everything-you-need-to-know) with regulators in the USA, and recently, an executive of Ripple, Chris Larsen, had his private wallet hacked for a reported US$112.5m in XRP. 

The price of XRP fell after this news, and Larsen [quickly claimed](https://twitter.com/chrislarsensf/status/1752702297971532258) on X that the funds were frozen and everything is fine… but it is something to keep on your radar.

The main point of XRP’s existence however is to make international payments between banks almost instant and cheaper. In fact it is set to totally disrupt the existing SWIFT system.

## Why Ripple is better than existing systems like SWIFT

XRP is superior to the SWIFT system for several reasons.

-Faster transactions: XRP can settle payments in 3 to 5 seconds, while SWIFT can take up to 5 business days.

-Lower costs: XRP has a very low transaction fee of 0.0001 XRP, while SWIFT charges a percentage of the transaction value, which can be very expensive for large amounts.

-Greater transparency: XRP uses a distributed ledger that records every transaction and can be verified by anyone, while SWIFT relies on a network of intermediaries that can cause delays, errors, and fraud.

-Higher scalability: XRP can handle thousands of transactions per second, while SWIFT has a limited capacity and can face congestion and downtime.

These advantages make XRP a more efficient and reliable way to send and receive money across the world, especially for international payments. 

## Ripple legal dramas

The drama Ripple had with regulators began in late 2020 when the U.S. Securities and Exchange Commission (SEC) charged Ripple with selling unregistered securities in the form of XRP on cryptocurrency exchanges. 

After years of litigation, on July 13, 2023, a federal judge handed the company a partial victory by ruling that XRP sales on public crypto exchanges were not offers of securities under the law. 

Ongoing litigation may lead to higher legal and regulatory risks associated with XRP. Crypto exchanges may suspend trading or end support for XRP due to developments in the litigation. Investors should assess their risk level for their personal circumstances.

## How to buy XRP?

If you’re interested in buying Ripple XRP, you can buy it on CoinJar. There are also several brokers and exchanges available that also offer it. Before buying and trading, it’s important to do your research and read reviews to find a reputable company. 

To buy Ripple XRP, you’ll need to create an account with CoinJar, verify your identity, and deposit money into your account. There are several ways to do this, including bank transfer and you can buy it with a card.

UK residents must complete an assessment and wait for 24 hours (see more details below).

Once you have funds available, you can purchase XRP directly with your local currency or trade it for other cryptocurrencies like Bitcoin.

After buying XRP, you can store it in a wallet, send it to other users on the network, or trade it on a cryptocurrency exchange. 

Keep in mind that the price of XRP is highly volatile and subject to change.

## Ripple XRP: Conclusion

In summary, Ripple XRP is a payment settlement system and currency exchange network that can process transactions globally. XRP is the cryptocurrency that is used on the XRP Ledger. It is more cost-effective, has faster transaction times, and is less energy-intensive than Bitcoin. 

XRP is better than the way SWIFT and banks do it now because it is faster, cheaper, and more secure. 

In summary, Ripple XRP has the potential to revolutionise the way we think about money and payments. If you’re interested in buying XRP, make sure to do your research and choose a reputable exchange like CoinJar.  


Want to buy Ripple (XRP)? But what is XRP? And how is it connected to Ripple? How do I buy it? Here's everything you need to know about it.

XRP (Ripple) is a [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) that you can use to send and receive payments across the world. 

It is different from regular money because it is not controlled by any government or bank. Instead, it runs on a network owned by a company called Ripple. This network is called the [XRP Ledger.](https://xrpl.org/index.html)

XRP is the native crypto token of the Ripple network, and it consistently lists among the top 10 cryptocurrencies by market capitalisation (if a crypto has the highest market cap, it means that more money has been invested by people in that crypto than any other). At the time of writing, XRP was the [6th](https://coinmarketcap.com/) most-popular cryptocurrency. It can be bought at pretty much every crypto exchange.

## What is XRP?

XRP is designed to be fast, cheap, and reliable. It can handle thousands of transactions per second, and it only takes a few seconds to confirm a payment. It also has very low fees, which means you can send money to anyone without losing much value. While Bitcoin is also handy for international payments with no fees, XRP is less energy intensive. 

XRP can also be exchanged for other types of fiat currency or crypto, such as dollars, euro, or Bitcoin. This makes it easier to move money across different countries and currencies.

## Who owns XRP?

XRP is created and managed by a company called Ripple Labs. Ripple’s goal is to improve the way money moves around the world, especially for international payments, using a blockchain. 

Ripple offers various products and services that use XRP and the XRP Ledger to connect banks, payment providers, and other financial institutions. By using XRP, these institutions can save time and money, and offer better services to their customers.

XRP is one of the most popular and valuable cryptocurrencies in the world. Many people invest in XRP because they believe in its potential to change the future of finance. 

However, XRP also faces some challenges and risks, such as regulation, competition, and security. 

Ripple has had some [famous stoushes](https://cointelegraph.com/learn/the-sec-vs-ripple-lawsuit-everything-you-need-to-know) with regulators in the USA, and in early 2024, an executive of Ripple, Chris Larsen, had his private [wallet hacked](https://twitter.com/chrislarsensf/status/1752702297971532258 ) for a reported US$112.5m in XRP. 

The price of XRP fell after this news, and Larsen quickly claimed on X that the funds were frozen and everything is fine… but it is something to keep on your radar.

The main point of XRP’s existence however is to make international payments between banks almost instant and cheaper. In fact it is set to totally disrupt the existing SWIFT system.

## Why Ripple is better than existing systems like SWIFT

XRP is superior to the SWIFT system for several reasons.

-Faster transactions: XRP can settle payments in 3 to 5 seconds, while SWIFT can take up to 5 business days.

-Lower costs: XRP has a very low transaction fee of 0.0001 XRP, while SWIFT charges a percentage of the transaction value, which can be very expensive for large amounts.

-Greater transparency: XRP uses a distributed ledger that records every transaction and can be verified by anyone, while SWIFT relies on a network of intermediaries that can cause delays, errors, and fraud.

-Higher scalability: XRP can handle thousands of transactions per second, while SWIFT has a limited capacity and can face congestion and downtime.

These advantages make XRP a more efficient and reliable way to send and receive money across the world, especially for international payments. 

## Ripple legal dramas

The drama Ripple had with regulators began in late 2020 when the U.S. Securities and Exchange Commission (SEC) charged Ripple with selling unregistered securities in the form of XRP on cryptocurrency exchanges. 

After years of litigation, on July 13, 2023, a federal judge handed the company a partial victory by ruling that XRP sales on public crypto exchanges were not offers of securities under the law. 

## How to buy XRP?

If you’re interested in buying Ripple XRP, you can buy it on CoinJar. There are also several brokers and exchanges available that also offer it. Before buying and trading, it’s important to do your research and read reviews to find a reputable company. 

To buy Ripple XRP, you’ll need to create an account with CoinJar, verify your identity, and deposit money into your account. There are several ways to do this, including bank transfer from your bank account and you can buy it with a credit or debit card.

Once you have funds available, you can purchase XRP directly with your local currency or trade it for other cryptocurrencies like Bitcoin.

After buying XRP, you can store it in a wallet, send it to other users on the network, or trade it on a cryptocurrency exchange. 

Keep in mind that the price of XRP is highly volatile and subject to change.

## Ripple XRP: Conclusion

In summary, Ripple XRP has the potential to revolutionise the way we think about money and payments. If you’re interested in buying XRP, make sure to do your research and choose a reputable exchange like CoinJar. 



What is Chainlink (LINK)? Buy Chainlink on CoinJar: Chainlink is a [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) that plays a crucial role in the world of decentralized finance (DeFi). In this article, we explain what Chainlink is, how to buy it, and what it is used for.

## What is Chainlink?

[Chainlink](https://chain.link/) is a decentralized oracle network that bridges the gap between smart contracts and real-world data. 

But what on earth does that mean? 

### Decentralized oracle networks

Smart contracts on blockchains can’t access external data directly. Chainlink solves this problem by providing a decentralized network of oracles. 

These oracles gather real-world data (such as stock prices, weather conditions, or sports scores) and feed it into smart contracts.

Imagine a smart contract that triggers a payment when a specific event occurs (e.g., a flight delay). To execute this, the contract needs accurate external data. Oracles act as trusted intermediaries, ensuring that smart contracts receive reliable information. This makes it a good solution for DeFi applications.

## How does Chainlink solve the Oracle Problem?

The oracle problem arises because smart contracts cannot directly access external data. Chainlink addresses this by creating an incentive system for oracles. These oracles provide reliable data, gain a positive reputation, and are rewarded with LINK tokens. As they accumulate reputation, their accuracy and reliability increase.

## How to Buy Chainlink

If you’re interested in acquiring LINK tokens, follow these steps.

-Choose a cryptocurrency [exchange](https://www.coinjar.com/global/learn/what-is-a-crypto-exchange-broker): Start by selecting a reputable exchange. One such platform is CoinJar.

-Create an account: Sign up on CoinJar or any other exchange that supports LINK.

-Verify your identity: Complete the necessary procedures to prove who you are.

-Deposit funds: Deposit local money via your preferred method into your exchange account.

-Search for “LINK” and execute your purchase.

-Your LINK will appear in your CoinJar account / CoinJar wallet. From here you can move it into another [wallet](https://www.coinjar.com/global/learn/how-to-store-crypto) if you prefer. 

## Is Chainlink a good investment?

LINK has gained growing attention since its introduction in September 2017. Here are some factors to consider.

### Real-world adoption

The technology is actively used by various projects, including DeFi platforms, gaming, and supply chain management.

### White paper and vision

The [white paper](https://chain.link/whitepaper) outlines its purpose and technical details. It’s essential reading for potential investors.

### Team

Co-founded by Sergey Nazarov and Steve Ellis, both are experienced in blockchain technology.

### Market demand

As blockchain networks expand, the need for reliable oracles grows. Chainlink decentralises this critical service.

### Amount of LINK

Keep an eye on the circulating supply of LINK tokens. Scarcity can impact its value.

## Conclusion: Buy Chainlink

Chainlink’s decentralised oracle network addresses a fundamental problem in blockchain-based smart contracts. While no investment is risk-free, LINK’s strong fundamentals make it an interesting choice for those interested in DeFi and real-world data integration.


Currency_LINK_3a20621a77.svg

What is Chainlink (LINK)? Buy Chainlink on CoinJar: Chainlink is a [cryptocurrency](https://www.coinjar.com/learn/what-is-crypto) that plays a crucial role in the world of decentralized finance (DeFi). In this article, we explain what Chainlink is, how to buy it, and what it is used for.

## What is Chainlink?

[Chainlink](https://chain.link/) is a decentralized oracle network that bridges the gap between smart contracts and real-world data. 

But what on earth does that mean? 

### Decentralized oracle networks

Smart contracts on blockchains can’t access external data directly. Chainlink solves this problem by providing a decentralized network of oracles. 

These oracles gather real-world data (such as stock prices, weather conditions, or sports scores) and feed it into smart contracts.

Imagine a smart contract that triggers a payment when a specific event occurs (e.g., a flight delay). To execute this, the contract needs accurate external data. Oracles act as trusted intermediaries, ensuring that smart contracts receive reliable information. This makes it a good solution for DeFi applications.

## How does Chainlink solve the Oracle Problem?

The oracle problem arises because smart contracts cannot directly access external data. Chainlink addresses this by creating an incentive system for oracles. These oracles provide reliable data, gain a positive reputation, and are rewarded with LINK tokens. As they accumulate reputation, their accuracy and reliability increase.

## How to Buy Chainlink

If you’re interested in acquiring LINK tokens, follow these steps.

-Choose a cryptocurrency [exchange](https://www.coinjar.com/learn/what-is-a-crypto-exchange-broker): Start by selecting a reputable exchange. One such platform is CoinJar.

-Create an account: Sign up on CoinJar or any other exchange that supports LINK.

-Verify your identity: Complete the necessary procedures to prove who you are.

-Deposit funds: Deposit local money via your preferred method into your exchange account.

-Search for “LINK” and execute your purchase.

-Your LINK will appear in your CoinJar account / CoinJar wallet. From here you can move it into another [wallet](https://www.coinjar.com/learn/how-to-store-crypto) if you prefer. 

## Is Chainlink a good investment?

LINK has gained growing attention since its introduction in September 2017. Here are some factors to consider.

### Real-world adoption

The technology is actively used by various projects, including DeFi platforms, gaming, and supply chain management.

### White paper and vision

The [white paper](https://chain.link/whitepaper) outlines its purpose and technical details. It’s essential reading for potential investors.

### Team

Co-founded by Sergey Nazarov and Steve Ellis, both are experienced in blockchain technology.

### Market demand

As blockchain networks expand, the need for reliable oracles grows. Chainlink decentralises this critical service.

### Amount of LINK

Keep an eye on the circulating supply of LINK tokens. Scarcity can impact its value.

## Conclusion: Buy Chainlink

Chainlink’s decentralised oracle network addresses a fundamental problem in blockchain-based smart contracts. While no investment is risk-free, LINK’s strong fundamentals make it an interesting choice for those interested in DeFi and real-world data integration.


Chainlink

What is Chainlink (LINK)? Buy Chainlink on CoinJar: Chainlink is a [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) that plays a crucial role in the world of decentralised finance (DeFi). In this article, we explain what Chainlink is, how to buy it, and what it is used for.

## What is Chainlink?

[Chainlink](https://chain.link/) is a decentralised oracle network that bridges the gap between smart contracts and real-world data. 

But what on earth does that mean? 

### Decentralised oracle networks

Smart contracts on blockchains can’t access external data directly. Chainlink solves this problem by providing a decentralised network of oracles. 

These oracles gather real-world data (such as stock prices, weather conditions, or sports scores) and feed it into smart contracts.

Imagine a smart contract that triggers a payment when a specific event occurs (e.g., a flight delay). To execute this, the contract needs accurate external data. Oracles act as trusted intermediaries, ensuring that smart contracts receive reliable information. This makes it a good solution for DeFi applications.

## How does Chainlink solve the Oracle Problem?

The oracle problem arises because smart contracts cannot directly access external data. Chainlink addresses this by creating an incentive system for oracles. These oracles provide reliable data, gain a positive reputation, and are rewarded with LINK tokens. As they accumulate reputation, their accuracy and reliability increase.

## How to Buy Chainlink

If you’re interested in acquiring LINK tokens, follow these steps.

-Choose a cryptocurrency [exchange](https://www.coinjar.com/au/learn/what-is-a-crypto-exchange-broker): Start by selecting a reputable exchange. One such platform is CoinJar.

-Create an account: Sign up on CoinJar or any other exchange that supports LINK.

-Verify your identity: Complete the necessary procedures to prove who you are.

-Deposit funds: Deposit local money via your preferred method into your exchange account.

-Search for “LINK” and execute your purchase.

-Your LINK will appear in your CoinJar account / CoinJar wallet. From here you can move it into another [wallet](https://www.coinjar.com/au/learn/how-to-store-crypto) if you prefer. 

## Is Chainlink a good investment?

LINK has gained growing attention since its introduction in September 2017. Here are some factors to consider.

### Real-world adoption

The technology is actively used by various projects, including DeFi platforms, gaming, and supply chain management.

### White paper and vision

The [white paper](https://chain.link/whitepaper) outlines its purpose and technical details. It’s essential reading for potential investors.

### Team

Co-founded by Sergey Nazarov and Steve Ellis, both are experienced in blockchain technology.

### Market demand

As blockchain networks expand, the need for reliable oracles grows. Chainlink decentralises this critical service.

### Amount of LINK

Keep an eye on the circulating supply of LINK tokens. Scarcity can impact its value.

## Conclusion: Buy Chainlink

Chainlink’s decentralised oracle network addresses a fundamental problem in blockchain-based smart contracts. While no investment is risk-free, LINK’s strong fundamentals make it an interesting choice for those interested in DeFi and real-world data integration.


What is Chainlink (LINK)? And how do investors buy Chainlink on CoinJar? Chainlink is a [cryptocurrency](https://www.coinjar.com/uk/learn/what-is-crypto) that plays a crucial role in the world of decentralised finance (DeFi). In this article, we explain what Chainlink is, how to buy it, and what it is used for.

## What is Chainlink?

[Chainlink](https://chain.link/) is a decentralised oracle network that bridges the gap between smart contracts and real-world data. 

But what on earth does that mean? 

### Decentralised oracle networks

Smart contracts on blockchains can’t access external data directly. Chainlink solves this problem by providing a decentralised network of oracles. 

These oracles gather real-world data (such as stock prices, weather conditions, or sports scores) and feed it into smart contracts.

Imagine a smart contract that triggers a payment when a specific event occurs (e.g., a flight delay). To execute this, the contract needs accurate external data. Oracles act as trusted intermediaries, ensuring that smart contracts receive reliable information. This makes it a good solution for DeFi applications.

## How does Chainlink solve the Oracle Problem?

The oracle problem arises because smart contracts cannot directly access external data. Chainlink addresses this by creating an incentive system for oracles. These oracles provide reliable data, gain a positive reputation, and are rewarded with LINK tokens. As they accumulate reputation, their accuracy and reliability increase.

## How to Buy Chainlink

If you’re interested in acquiring LINK tokens, follow these steps.

### Choose a cryptocurrency exchange

Start by selecting a [reputable exchange](https://www.coinjar.com/uk/learn/what-is-a-crypto-exchange-broker). One such platform is CoinJar.

### Create an Account

Sign up on CoinJar or any other exchange of your choice. Verify your identity as required. UK residents are required to take an assessment and then wait 24 hours (see below).

### Deposit Funds

Deposit Sterling (GBP) into your exchange account using methods such as a bank transfer or debit card.

-Search for “LINK” and execute your purchase

-Your LINK will appear in your CoinJar account / CoinJar wallet. From here you can move it into another [wallet](https://www.coinjar.com/uk/learn/how-to-store-crypto) if you prefer. 

Crypto is generally very volatile, with the risk of abrupt market changes, corporate collapse, inadequate client fund segregation, and cyberattacks. 

Don’t invest anything you aren’t prepared to lose. You should not expect to be protected if something goes wrong as you would have no recourse to the Financial Ombudsman scheme or the Financial services compensation scheme.

## Is Chainlink a good investment?

LINK has gained growing attention since its introduction in September 2017. Here are some factors to consider. 

(Crypto is generally very volatile, with the risk of abrupt market changes, corporate collapse, inadequate client fund segregation, and cyberattacks. Don't invest anything you aren’t prepared to lose.)

### Real-world adoption

The technology is actively used by various projects, including DeFi platforms, gaming, and supply chain management.

### White paper and vision

The [white paper](https://chain.link/whitepaper) outlines its purpose and technical details. It’s essential reading for potential investors.

### Team

Co-founded by Sergey Nazarov and Steve Ellis, both are experienced in blockchain technology.

### Market demand

As blockchain networks expand, the need for reliable oracles grows. Chainlink decentralises this critical service.

### Amount of LINK

Keep an eye on the circulating supply of LINK tokens. Scarcity can impact its value.

## Conclusion: Why investors buy Chainlink

Chainlink’s decentralised oracle network addresses a fundamental problem in blockchain-based smart contracts. While no investment is risk-free, LINK’s strong fundamentals make it an interesting choice for those interested in DeFi and real-world data integration.

The performance of crypto can be highly volatile, value can drop as quickly as it can rise. Past performance is not a guide to the future.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. T[ake 2 mins to learn more.](https://www.coinjar.com/uk/risk-summary) 



What Is Stellar (XLM)? How to buy Stellar Lumens? [Stellar (XLM)]

(https://www.coinjar.com/global/learn/what-is-crypto) is a decentralized digital currency network that aims to revolutionize cross-border transactions and empower financial inclusion. So what is Stellar? And how can you buy Stellar Lumens (XLM) on CoinJar? Let’s find out.

## What Is Stellar (XLM)?

Stellar emerged in 2014, founded by Jed McCaleb, one of the co-founders of Ripple. Unlike Ripple, which targets traditional banking systems, Stellar operates as an open-source, not-for-profit network. Its mission? To connect people worldwide, regardless of their access to traditional banking services.

At its core, it is a blockchain-based platform that facilitates fast and low-cost cross-border payments. It allows users to transact in various currencies, both fiat and digital. 
The native token, Lumens (XLM), plays a crucial role in powering transactions on the network.

## Stellar conspiracy theories

There is a fascinating conspiracy theory going around that Lumens will be the one global currency. People who make this claim say that humans have been getting conditioned for this for quite some time. [Read about this wild story here](https://beincrypto.com/stellar-the-one-global-currency-xlm-conspiracy-theory/). 

## Why was it invented?

It was designed to address several key challenges:

### High transaction costs

Traditional cross-border transactions are expensive due to intermediary banks and fees. It aims to reduce these costs significantly.

### Financial inclusion

Millions of people lack access to banking services. Stellar aims to provide an inclusive platform for everyone, especially the unbanked. All they need to participate is a phone.

### Speed and efficiency

The platform processes transactions rapidly (thousands per second) and uses less energy than traditional systems.

## Interesting uses

### Cross-border payments

Stellar enables seamless, low-cost international money transfers. Whether you’re sending money to family abroad or conducting business transactions, it simplifies the process.

### Digital assets issuance

Companies can create tokens representing real-world assets (like stocks or real estate) on the network. These tokens can be traded globally.

### Decentralized applications (DApps)

Developers can build DApps on the platform, using its fast and secure infrastructure.

## How to buy Stellar Lumens on CoinJar

Download the CoinJar app: Get the CoinJar app on iOS or Android.

Create an account: Sign up and verify your ID.

Purchase Lumens: You can buy using cash, credit card, or other cryptocurrencies. 

CoinJar supports Visa, Mastercard, and bank transfers.

Store securely: You can keep the XLM in your CoinJar account, or move it to a [hardware wallet or digital wallet](https://www.coinjar.com/global/learn/how-to-store-crypto).


Holding Lumens is essential for using the Stellar platform. Lumens pay for transaction fees and provide liquidity. 


Currency_XLM_d000ad0a6a.svg

What Is Stellar (XLM)? How to buy Stellar Lumens? [Stellar (XLM)]

(https://www.coinjar.com/learn/what-is-crypto) is a decentralized digital currency network that aims to revolutionize cross-border transactions and empower financial inclusion. So what is Stellar? And how can you buy Stellar Lumens (XLM) on CoinJar? Let’s find out.

## What Is Stellar (XLM)?

Stellar emerged in 2014, founded by Jed McCaleb, one of the co-founders of Ripple. Unlike Ripple, which targets traditional banking systems, Stellar operates as an open-source, not-for-profit network. Its mission? To connect people worldwide, regardless of their access to traditional banking services.

At its core, it is a blockchain-based platform that facilitates fast and low-cost cross-border payments. It allows users to transact in various currencies, both fiat and digital. 
The native token, Lumens (XLM), plays a crucial role in powering transactions on the network.

## Stellar conspiracy theories

There is a fascinating conspiracy theory going around that Lumens will be the one global currency. People who make this claim say that humans have been getting conditioned for this for quite some time. [Read about this wild story here](https://beincrypto.com/stellar-the-one-global-currency-xlm-conspiracy-theory/). 

## Why was it invented?

It was designed to address several key challenges:

### High transaction costs

Traditional cross-border transactions are expensive due to intermediary banks and fees. It aims to reduce these costs significantly.

### Financial inclusion

Millions of people lack access to banking services. Stellar aims to provide an inclusive platform for everyone, especially the unbanked. All they need to participate is a phone.

### Speed and efficiency

The platform processes transactions rapidly (thousands per second) and uses less energy than traditional systems.

## Interesting uses

### Cross-border payments

Stellar enables seamless, low-cost international money transfers. Whether you’re sending money to family abroad or conducting business transactions, it simplifies the process.

### Digital assets issuance

Companies can create tokens representing real-world assets (like stocks or real estate) on the network. These tokens can be traded globally.

### Decentralized applications (DApps)

Developers can build DApps on the platform, using its fast and secure infrastructure.

## How to buy Stellar Lumens on CoinJar

Download the CoinJar app: Get the CoinJar app on iOS or Android.

Create an account: Sign up and verify your ID.

Purchase Lumens: You can buy using cash, credit card, or other cryptocurrencies. 

CoinJar supports Visa, Mastercard, and bank transfers.

Store securely: You can keep the XLM in your CoinJar account, or move it to a [hardware wallet or digital wallet](https://www.coinjar.com/learn/how-to-store-crypto).


Holding Lumens is essential for using the Stellar platform. Lumens pay for transaction fees and provide liquidity. 


Stellar

Stellar was started in 2014 by one of the founders of Ripple and operates in a very similar fashion to Ripple itself. 

However, where Ripple is a product of Ripple Labs, a private company, aimed at the traditional banking system, Stellar is overseen by the not-for-profit Stellar Development Foundation and is designed to be an open and freely accessible system for transacting and exchanging both fiat and digital currencies by everyday people all over the world. (Stellar is often linked to the crypto drive to ‘bank the unbanked’).

Like Ripple, Stellar relies on a global network of trust nodes to continually check and re-check transactions on the ledger to ensure their accuracy. The Stellar network can process tens of thousands of transactions per second and uses less energy per transaction than Visa.

The native token of the Stellar network is the lumen (XLM). Lumens are used to cover the network’s minimal transaction fees and can also be used to provide extra liquidity if required to reconcile differences between two currency pools.

What Is Stellar (XLM)? How to buy Stellar Lumens? [Stellar (XLM)](https://www.coinjar.com/au/learn/what-is-crypto) is a decentralised digital currency network that aims to revolutionise cross-border transactions and empower financial inclusion. So what is Stellar? And how can you buy Stellar Lumens (XLM) on CoinJar? Let’s find out.

## What Is Stellar (XLM)?

Stellar emerged in 2014, founded by Jed McCaleb, one of the co-founders of Ripple. Unlike Ripple, which targets traditional banking systems, Stellar operates as an open-source, not-for-profit network. Its mission? To connect people worldwide, regardless of their access to traditional banking services.

At its core, it is a blockchain-based platform that facilitates fast and low-cost cross-border payments. It allows users to transact in various currencies, both fiat and digital. 
The native token, Lumens (XLM), plays a crucial role in powering transactions on the network.

## Stellar conspiracy theories

There is a fascinating conspiracy theory going around that Lumens will be the one global currency. People who make this claim say that humans have been getting conditioned for this for quite some time. [Read about this wild story here](https://beincrypto.com/stellar-the-one-global-currency-xlm-conspiracy-theory/). 

## Why was it invented?

It was designed to address several key challenges:

### High transaction costs

Traditional cross-border transactions are expensive due to intermediary banks and fees. It aims to reduce these costs significantly.

### Financial inclusion

Millions of people lack access to banking services. Stellar aims to provide an inclusive platform for everyone, especially the unbanked. All they need to participate is a phone.

### Speed and efficiency

The platform processes transactions rapidly (thousands per second) and uses less energy than traditional systems.

## Interesting uses

### Cross-border payments

Stellar enables seamless, low-cost international money transfers. Whether you’re sending money to family abroad or conducting business transactions, it simplifies the process.

### Digital assets issuance

Companies can create tokens representing real-world assets (like stocks or real estate) on the network. These tokens can be traded globally.

### Decentralised applications (DApps)

Developers can build DApps on the platform, using its fast and secure infrastructure.

## How to buy Stellar Lumens on CoinJar

Download the CoinJar app: Get the CoinJar app on iOS or Android.

Create an account: Sign up and verify your ID.

Purchase Lumens: You can buy using cash, credit card, or other cryptocurrencies. 

CoinJar supports Visa, Mastercard, and bank transfers.

Store securely: You can keep the XLM in your CoinJar account, or move it to a [hardware wallet or digital wallet](https://www.coinjar.com/au/learn/how-to-store-crypto).


Holding Lumens is essential for using the Stellar platform. Lumens pay for transaction fees and provide liquidity. 


USD Coin (USDC) is a type of cryptocurrency that is backed by the U.S. dollar. Unlike other [cryptocurrencies](https://www.coinjar.com/global/learn/what-are-altcoins) that have volatile prices, USDC is designed to maintain a stable value of one USDC equal to one U.S. dollar. 

This makes USDC a stablecoin, a digital currency that aims to provide a reliable and convenient way to store and transfer value using blockchain technology.

## How does USD Coin work?

USDC is issued by a private company called [Circle](www.circle.com/en/usdc).

Circle claims that every USDC in circulation is backed by a corresponding U.S. dollar or other approved assets held in segregated accounts with regulated U.S. financial institutions. These accounts are regularly [audited](https://www.forbes.com/advisor/investing/cryptocurrency/usd-coin/) by an independent accounting firm to ensure that the USDC supply matches the reserve assets.

You can buy USDC with fiat currency (such as Australian dollars, Pound Sterling, USD or EUR) or other cryptocurrencies (such as Bitcoin or Ethereum) on various platforms, including CoinJar. You can also sell USDC for fiat currency or other cryptocurrencies on CoinJar.

## What are the benefits and risks of USD Coin?

One of the main benefits of USDC is that it seemingly offers low price volatility, meaning that its value does not fluctuate significantly over time. This makes USDC suitable for storing and transferring value without worrying about losing purchasing power due to market fluctuations. 

USDC can also be used as a hedge against inflation, as it is pegged to the U.S. dollar, which is considered a relatively stable currency.

This however means that the value won’t rise, it will stay stable. Customers may expect that these coins will always maintain their value with the US Dollar. However, you must always keep in mind that unforeseen events or operational issues could lead to a particular stablecoin failing to maintain its pegged value to its designated asset or currency. Such an occurrence could cause the stablecoin to rapidly fall in value and never recover. 

USDC is backed by U.S.-regulated reserve assets. Unlike some other stablecoins that have faced controversies over their reserve management and compliance, USDC provides regular and verifiable reports on its reserves and operations. 

However, after successful audits in 2019, 2020 and 2021, there was a failed audit in 2022. 

Circle hired Deloitte for the 2023 audit, and the results are [here](https://www.circle.com/hubfs/USDCAttestationReports/2023%2520USDC_Circle%2520Examination%2520Report%2520January%25202023.pdf). 

## Risks

USDC risks include no guarantee of price stability (stablecoins have “[unpegged](https://www.cnbc.com/2023/03/11/stablecoin-usdc-breaks-dollar-peg-after-firm-reveals-it-has-3point3-billion-in-svb-exposure.html)” before). 

Value-referenced crypto assets such as USDC present risks distinct from other crypto assets. The mechanism by which a stablecoin seeks to maintain its value is not guaranteed and can present systemic market risk, capital risk, and security risk. 

USDC’s reserve assets are held at insured financial institutions but USDC accounts themselves are not insured and thus USDC holders do not have an insured claim to their USDC. 

A value-referenced crypto assets such as USDC is not the same as and is riskier than a deposit in a bank or holding cash with a crypto trading platform.

There might be “encumbrances” or things that can affect the smooth transfer or use of the tokens. There is irreversibility of on-chain transactions, which means that, like most transactions, if you send it to the wrong address you won’t get it back. 

Also the laws could change in the future around its use. And there are third-party platforms that people use with the coin that Circle has no control over. You can see the risks [here](https://www.circle.com/en/legal/usdc-risk-factors). 

A lot of these risks are the same for most cryptocurrencies, however. Be sure to do your research on any digital asset that you want to buy.

## Why own USD Coin?

A benefit of USDC is that it can be used as a medium of exchange for various purposes, such as buying and selling other cryptocurrencies, paying for goods and services, sending remittances, and accessing decentralised applications (DApps). 

USDC can be transferred 24/7 and is [faster and cheaper](https://www.forbes.com/sites/forbesbooksauthors/2023/04/05/the-power-of-stablecoinsenabling-fast-and-efficient-cross-border-transactions/?sh%3D28fb8cbd47c3) than traditional payment methods, such as bank transfers or credit cards. 

USDC can also be integrated with various platforms and protocols that support blockchain technology, such as Visa, which [announced](https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.19881.html) that it would allow USDC to settle transactions on its network.

## Who started USD Coin and why?

USDC was launched in September 2018 by Centre. The main goal of Centre was to create a global and open standard for fiat-backed stablecoins that could enable interoperability and innovation across the cryptocurrency ecosystem. 

Centre aimed to change the global financial landscape by connecting every person, merchant, financial service, and currency worldwide.

## Is USD Coin popular and what is it used for?

USD Coin is currently the [second-largest](https://coinmarketcap.com) stablecoin in the world, after Tether (USDT) in terms of market capitalisation.

## Uses of USD Coin

While USDC isn’t ideal as a speculative investment, as its value is stable, it has some uses that make it worth having.

-USD Coin can be used as a bridge currency to trade other cryptocurrencies on various platforms, including CoinJar.

-USD Coin can be used as a payment method for goods and services that accept cryptocurrencies, such as online shopping, gaming, travel, and entertainment. USD Coin can also be used to pay for fees and subscriptions on various platforms and services that support cryptocurrencies.

-USD Coin can be used as a remittance tool to send money across borders and regions, especially to countries with limited access to banking and financial services. All users need is a phone. USD Coin can be faster, cheaper, and more convenient than traditional methods, such as wire transfers, or using banks.

-USD Coin can be used as a gateway to access various DApps that run on blockchain technology, such as gaming platforms. 

## USD Coin in popular culture

In September 2021, Twitter announced that it would enable users to tip each other with cryptocurrencies, including USD Coin, through a [partnership](www.forbesindia.com/article/crypto-made-easy/twitter-to-allow-crypto-payments-backed-by-stripe/75663/1) with Stripe, a payment platform. 

This made Twitter the first major social media platform to support cryptocurrency [tipping](https://help.twitter.com/en/using-x/tips), allowing users to reward each other for their content and engagement.

## Buy USD Coin: Conclusion

USD Coin is a stablecoin. It is backed by the U.S. dollar and runs on blockchain technology. USD Coin offers low price volatility, high transparency, and wide usability, making it a popular and convenient choice for cryptocurrency users and enthusiasts. 

USD Coin is one of the most influential stablecoins in the world, and is experiencing growing adoption and integration in the global financial landscape.

## How to buy USD Coin (USDC) on CoinJar?

Want to buy USDC? To buy USD Coin on CoinJar, you need to follow these steps:

-Download the CoinJar app on iOS or Android. You can also use the web version of CoinJar.

-Create an account with CoinJar and verify your ID. This is required to comply with the regulations and laws in your country. You must provide some personal information, such as your name, email, phone number, and address. You must also upload a photo of your ID document, such as a passport or driver’s license.

-The verification process may take a few minutes or hours, depending on the volume of requests.

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the payment method that suits you best. You can use bank transfers, or pay with card.

-Buy USD Coin at the market price or place a custom order.

-CoinJar provides a secure and convenient wallet for storing your USDC and other cryptocurrencies. You can access your wallet from the app or the web.

You can also send and receive USD Coin from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your USD Coin from CoinJar to any other compatible wallet.

-Welcome to the USD Coin club!


Currency_USDC_7453263fb4.svg

USD Coin (USDC) is a type of cryptocurrency that is backed by the U.S. dollar. Unlike other [cryptocurrencies](https://www.coinjar.com/learn/what-are-altcoins) that have volatile prices, USDC is designed to maintain a stable value of one USDC equal to one U.S. dollar. 

This makes USDC a stablecoin, a digital currency that aims to provide a reliable and convenient way to store and transfer value using blockchain technology.

## How does USD Coin work?

USDC is issued by a private company called [Circle](www.circle.com/en/usdc).

Circle claims that every USDC in circulation is backed by a corresponding U.S. dollar or other approved assets held in segregated accounts with regulated U.S. financial institutions. These accounts are regularly [audited](https://www.forbes.com/advisor/investing/cryptocurrency/usd-coin/) by an independent accounting firm to ensure that the USDC supply matches the reserve assets.

You can buy USDC with fiat currency (like USD or EUR) or other cryptocurrencies (such as Bitcoin or Ethereum) on various platforms, including CoinJar. You can also sell USDC for fiat currency or other cryptocurrencies on CoinJar.

## What are the benefits and risks of USD Coin?

One of the main benefits of USDC is that it seemingly offers low price volatility, meaning that its value does not fluctuate significantly over time. This makes USDC suitable for storing and transferring value without worrying about losing purchasing power due to market fluctuations. 

USDC can also be used as a hedge against inflation, as it is pegged to the U.S. dollar, which is considered a relatively stable currency.

This however means that the value won’t rise, it aims to stay stable. However, stablecoins have “[unpegged](https://www.cnbc.com/2023/03/11/stablecoin-usdc-breaks-dollar-peg-after-firm-reveals-it-has-3point3-billion-in-svb-exposure.html)” before. 

## USD audits

USDC provides regular and verifiable reports on its reserves and operations. However, after successful audits in 2019, 2020 and 2021, there was a failed audit in 2022. 

Circle hired Deloitte for the 2023 audit, and the results are [here](https://www.circle.com/hubfs/USDCAttestationReports/2023%2520USDC_Circle%2520Examination%2520Report%2520January%25202023.pdf). 

## Why own USD Coin?

A benefit of USDC is that it can be used as a medium of exchange for various purposes, such as buying and selling other cryptocurrencies, paying for goods and services, sending remittances, and accessing decentralized applications (DApps). 

USDC can be transferred 24/7 and is [faster and cheaper](https://www.forbes.com/sites/forbesbooksauthors/2023/04/05/the-power-of-stablecoinsenabling-fast-and-efficient-cross-border-transactions/?sh%3D28fb8cbd47c3) than traditional payment methods, such as bank transfers or credit cards. 

USDC can also be integrated with various platforms and protocols that support blockchain technology, such as Visa, which [announced](https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.19881.html) that it would allow USDC to settle transactions on its network.

## Who started USD Coin and why?

USDC was launched in September 2018 by Centre. The main goal of Centre was to create a global and open standard for fiat-backed stablecoins that could enable interoperability and innovation across the cryptocurrency ecosystem. 

Centre aimed to change the global financial landscape by connecting every person, merchant, financial service, and currency worldwide.

## Is USD Coin popular and what is it used for?

USD Coin is currently the [second-largest](https://coinmarketcap.com) stablecoin in the world, after Tether (USDT) in terms of market capitalisation.

## Uses of USD Coin

While USDC isn’t ideal as a speculative investment, as its value is stable, it has some uses that make it worth having.

-USD Coin can be used as a bridge currency to trade other cryptocurrencies on various platforms, including CoinJar.

-USD Coin can be used as a payment method for goods and services that accept cryptocurrencies, such as online shopping, gaming, travel, and entertainment. USD Coin can also be used to pay for fees and subscriptions on various platforms and services that support cryptocurrencies.

-USD Coin can be used as a remittance tool to send money across borders and regions, especially to countries with limited access to banking and financial services. All users need is a phone. USD Coin can be faster, cheaper, and more convenient than traditional methods, such as wire transfers, or using banks.

-USD Coin can be used as a gateway to access various DApps that run on blockchain technology, such as gaming platforms. 

## USD Coin in popular culture

In September 2021, Twitter announced that it would enable users to tip each other with cryptocurrencies, including USD Coin, through a [partnership](www.forbesindia.com/article/crypto-made-easy/twitter-to-allow-crypto-payments-backed-by-stripe/75663/1) with Stripe, a payment platform. 

This made Twitter the first major social media platform to support cryptocurrency [tipping](https://help.twitter.com/en/using-x/tips), allowing users to reward each other for their content and engagement.

## Buy USD Coin: Conclusion

USD Coin is one of the most influential stablecoins in the world, and is experiencing growing adoption and integration in the global financial landscape.

## How to buy USD Coin (USDC) on CoinJar?

Want to buy USDC? To buy USD Coin on CoinJar, you need to follow these steps:

-Download the CoinJar app on iOS or Android.

-Create an account with CoinJar and verify your ID. 

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the payment method that suits you best. You can purchase USDC with use bank transfer, or pay with a credit or debit card. There is also Google pay and Apple pay available in some countries.

-Buy USD Coin. CoinJar provides a secure and convenient wallet for storing your USDC and other cryptocurrencies. 

-Welcome to the USD Coin club!

https://www.coinjar.com/uk/risk-summary-stablecoins

USD Coin

USD Coin (USDC) is a type of cryptocurrency that is backed by the U.S. dollar. Unlike other [cryptocurrencies](https://www.coinjar.com/au/learn/what-are-altcoins) that have volatile prices, USD Coin is designed to maintain a stable value of one USDC equal to one U.S. dollar. 

This makes USDC a stablecoin, a digital currency that aims to provide a reliable and convenient way to store and transfer value using blockchain technology.

## How does USD Coin work?

USDC is issued by a private company called [Circle](www.circle.com/en/usdc). Circle claims that every USDC in circulation is backed by a corresponding U.S. dollar or other approved assets held in segregated accounts with regulated U.S. financial institutions. 

These accounts are regularly [audited](https://www.forbes.com/advisor/investing/cryptocurrency/usd-coin/) by an independent accounting firm to ensure that the USDC supply matches the reserve assets.

You can buy USDC with fiat currency (such as Australian dollars, Pound Sterling, USD or EUR) or other cryptocurrencies (such as Bitcoin or Ethereum) on various platforms, including CoinJar. You can also sell USDC for fiat currency or other cryptocurrencies on CoinJar.

## What are the benefits of USD Coin?

One of the main benefits of USDC is that it seemingly offers low price volatility, meaning that its value does not fluctuate significantly over time. This makes USDC suitable for storing and transferring value without worrying about losing purchasing power due to market fluctuations. 

USDC can also be used as a hedge against inflation, as it is pegged to the U.S. dollar, which is considered a relatively stable currency.

This however means that the value won’t rise, it will stay stable. Customers may expect that these coins will always maintain their value with the US Dollar. 

USDC is backed by U.S.-regulated reserve assets. Unlike some other stablecoins that have faced controversies over their reserve management and compliance, USDC provides regular and verifiable reports on its reserves and operations. 

However, after successful audits in 2019, 2020 and 2021, there was a failed audit in 2022. Circle hired Deloitte for the 2023 audit, and the results are [here](https://www.circle.com/hubfs/USDCAttestationReports/2023%2520USDC_Circle%2520Examination%2520Report%2520January%25202023.pdf). 

## Things to note

USDC, despite being a stablecoin, is not guarateed price stability (stablecoins have “[unpegged](https://www.cnbc.com/2023/03/11/stablecoin-usdc-breaks-dollar-peg-after-firm-reveals-it-has-3point3-billion-in-svb-exposure.html)” before). 

## Why own USD Coin?

A benefit of USDC is that it can be used as a medium of exchange for various purposes, such as buying and selling other cryptocurrencies, paying for goods and services, sending remittances, and accessing decentralised applications (DApps). 

USDC can be transferred 24/7 and is [faster and cheaper](https://www.forbes.com/sites/forbesbooksauthors/2023/04/05/the-power-of-stablecoinsenabling-fast-and-efficient-cross-border-transactions/?sh%3D28fb8cbd47c3) than traditional payment methods, such as bank transfers or credit cards. 

USDC can also be integrated with various platforms and protocols that support blockchain technology, such as Visa, which [announced](https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.19881.html) that it would allow USDC to settle transactions on its network.

## Is USD Coin popular and what is it used for?

USD Coin is currently the [second-largest](https://coinmarketcap.com) stablecoin in the world, after Tether (USDT) in terms of market capitalisation.

## Uses of USD Coin

While USDC as a digital asset isn’t ideal as a speculative investment, as its value is stable, it has some uses that make it worth having.

-USD Coin can be used as a bridge currency to trade other cryptocurrencies on various platforms, including CoinJar.

-USD Coin can be used as a payment method for goods and services that accept cryptocurrencies, such as online shopping, gaming, travel, and entertainment. USD Coin can also be used to pay for fees and subscriptions on various platforms and services that support cryptocurrencies.

-USD Coin can be used as a remittance tool to send money across borders and regions, especially to countries with limited access to banking and financial services. All users need is a phone. USD Coin can be faster, cheaper, and more convenient than traditional methods, such as wire transfers, or using banks.

-USD Coin can be used as a gateway to access various DApps that run on blockchain technology, such as gaming platforms. 

## USD Coin in popular culture

In September 2021, Twitter announced that it would enable users to tip each other with cryptocurrencies, including USD Coin, through a [partnership](www.forbesindia.com/article/crypto-made-easy/twitter-to-allow-crypto-payments-backed-by-stripe/75663/1) with Stripe, a payment platform. 

This made Twitter the first major social media platform to support cryptocurrency [tipping](https://help.twitter.com/en/using-x/tips), allowing users to reward each other for their content and engagement.

## Buy USD Coin: Conclusion

USD Coin is a stablecoin. It is backed by the U.S. dollar and runs on blockchain technology. USD Coin offers low price volatility, high transparency, and wide usability, making it a popular and convenient choice for cryptocurrency users and enthusiasts. 



USD Coin (USDC) is a type of cryptocurrency that is backed by the U.S. dollar. Unlike other cryptocurrencies that have volatile prices, USDC is designed to maintain a stable value of one USDC equal to one U.S. dollar. This makes USDC a stablecoin, a digital currency that aims to provide a reliable and convenient way to store and transfer value using blockchain technology.

## How does USD Coin work?

USDC is issued by a private company called [Circle](www.circle.com/en/usdc). 

Circle claims that every USDC in circulation is backed by a corresponding U.S. dollar or other approved assets held in segregated accounts with regulated U.S. financial institutions. These accounts are regularly [audited](https://www.forbes.com/advisor/investing/cryptocurrency/usd-coin/) by an independent accounting firm to ensure that the USDC supply matches the reserve assets.

You can buy USDC with fiat currency (such as Pound Sterling, USD or EUR) or other cryptocurrencies (such as Bitcoin or Ethereum) on various platforms, including CoinJar. You can also sell USDC for fiat currency or other cryptocurrencies on CoinJar.

## What are the benefits and risks of USD Coin?

One of the main benefits of USDC is that it seemingly offers low price volatility, meaning that its value does not fluctuate significantly over time. This makes USDC suitable for storing and transferring value without worrying about losing purchasing power due to market fluctuations. 

USDC can also be used as a hedge against inflation, as it is pegged to the U.S. dollar, which is considered a relatively stable currency.

This however means that the value won’t rise, it will stay stable. Customers may expect that these coins will always maintain their value with the US Dollar. However, you must always keep in mind that unforeseen events or operational issues could lead to a particular stablecoin failing to maintain its pegged value to its designated asset or currency. Such an occurrence could cause the stablecoin to rapidly fall in value and never recover. 

USDC is backed by U.S.-regulated reserve assets. Unlike some other stablecoins that have faced controversies over their reserve management and compliance, USDC provides regular and verifiable reports on its reserves and operations. 

However, after successful audits in 2019, 2020 and 2021, there was a failed audit in 2022. 

Circle hired Deloitte for the 2023 audit, and the results are [here](https://www.circle.com/hubfs/USDCAttestationReports/2023%2520USDC_Circle%2520Examination%2520Report%2520January%25202023.pdf). 

## Risks

USDC risks include no guarantee of price stability (stablecoins have “[unpegged](https://www.cnbc.com/2023/03/11/stablecoin-usdc-breaks-dollar-peg-after-firm-reveals-it-has-3point3-billion-in-svb-exposure.html)” before). 

Value-referenced crypto assets such as USDC present risks distinct from other crypto assets. The mechanism by which a stablecoin seeks to maintain its value is not guaranteed and can present systemic market risk, capital risk, and security risk. 

Also the laws could change in the future around its use. And there are third-party platforms that people use with the coin that Circle has [no control](https://www.circle.com/en/legal/usdc-terms) over. You can see the risks [here](https://www.circle.com/en/legal/usdc-risk-factors). 

A lot of these risks are the same for most cryptocurrencies, however. Be sure to do your research on any digital asset that you want to buy.

## Why own USD Coin?

A benefit of USDC is that it can be used as a medium of exchange for various purposes, such as buying and selling other cryptocurrencies, paying for goods and services, sending remittances, and accessing decentralised applications (DApps). 

USDC can be transferred 24/7 and is [faster and cheaper](https://www.forbes.com/sites/forbesbooksauthors/2023/04/05/the-power-of-stablecoinsenabling-fast-and-efficient-cross-border-transactions/?sh%3D28fb8cbd47c3) than traditional payment methods, such as bank transfers or credit cards. 

USDC can also be integrated with various platforms and protocols that support blockchain technology, such as Visa, which [recently announced](https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.19881.html) that it would allow USDC to settle transactions on its network.

## Who started USD Coin and why?

USDC was launched in September 2018 by Centre. The main goal of Centre was to create a global and open standard for fiat-backed stablecoins that could enable interoperability and innovation across the cryptocurrency ecosystem. 

Centre aimed to change the global financial landscape by connecting every person, merchant, financial service, and currency worldwide.

## Is USD Coin popular and what is it used for?

USD Coin is currently the [second-largest](https://coinmarketcap.com) stablecoin in the world, after Tether (USDT) in terms of market capitalisation.

## Uses of USD Coin

While USDC isn’t ideal as a speculative investment, as its value is stable, it has some uses that make it worth having.

-USD Coin can be used as a bridge currency to trade other cryptocurrencies on various platforms, including CoinJar.

-USD Coin can be used as a payment method for goods and services that accept cryptocurrencies, such as online shopping, gaming, travel, and entertainment. USD Coin can also be used to pay for fees and subscriptions on various platforms and services that support cryptocurrencies.

-USD Coin can be used as a remittance tool to send money across borders and regions, especially to countries with limited access to banking and financial services. All users need is a phone. USD Coin can be faster, cheaper, and more convenient than traditional methods, such as wire transfers, or using banks.

-USD Coin can be used as a gateway to access various DApps that run on blockchain technology, such as gaming platforms. 

## USD Coin in popular culture

In September 2021, Twitter announced that it would enable users to tip each other with cryptocurrencies, including USD Coin, through a partnership with [Stripe](www.forbesindia.com/article/crypto-made-easy/twitter-to-allow-crypto-payments-backed-by-stripe/75663/1), a payment platform. 

This made Twitter the first major social media platform to support [cryptocurrency tipping](https://help.twitter.com/en/using-x/tips), allowing users to reward each other for their content and engagement.

## Buy USD Coin: Conclusion

USD Coin is a stablecoin. It is backed by the U.S. dollar and runs on blockchain technology. USD Coin offers low price volatility, high transparency, and wide usability, making it a popular and convenient choice for cryptocurrency users and enthusiasts. 

USD Coin is one of the most influential stablecoins in the world, and is experiencing growing adoption and integration in the global financial landscape.

## How to buy USD Coin (USDC) on CoinJar?

Want to buy USDC? To buy USD Coin on CoinJar, you need to follow these steps:

-Download the CoinJar app on iOS or Android. You can also use the web version of CoinJar.

-Create an account with CoinJar and verify your ID. This is required to comply with the regulations and laws in your country. You must provide some personal information, such as your name, email, phone number, and address. You must also upload a photo of your ID document, such as a passport or driver’s license.

The verification process may take a few minutes or hours, depending on the volume of requests. UK residents must complete an assessment and wait for 24 hours (see more details below).

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the payment method that suits you best. You can use bank transfers, or pay with card.

-Buy USD Coin at the market price or place a custom order.

-CoinJar provides a secure and convenient wallet for storing your USDC and other cryptocurrencies. You can access your wallet from the app or the web.

You can also send and receive USD Coin from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your USD Coin from CoinJar to any other compatible wallet.

-Welcome to the USD Coin club!


Buy Uniswap: What Is Uniswap (UNI) and what is it used for? Uniswap is a decentralized exchange (DEX) platform. We are going to dive into what Uniswap is, how to buy UNI [tokens](https://www.coinjar.com/global/learn/what-is-crypto), and explore the functionalities of this innovative platform.

## What Is Uniswap?

UNI is the native token of the world’s largest decentralized exchange, [Uniswap](https://uniswap.org/). An ERC-20 token built on top of the Ethereum network, UNI is a governance token, which means holders can vote on the funding of grants, partnerships, liquidity mining pools and other proposals.

A decentralized exchange is one where matching between buyers and sellers is entirely automated, facilitated by users who stake their tokens in trading pair ‘liquidity pools’. The deeper the liquidity pool, the better the prices available to potential buyers.

During the DeFi boom of mid-2020, Uniswap became the go-to platform for listing and trading DeFi tokens. While its success spawned numerous competitors on a number of different platforms, Uniswap remains the most widely used dedicated exchange with billions of dollars in Total Value Locked (TVL) – a measure of how much capital is locked into the protocol’s liquidity pools.

## How does Uniswap work?

Uniswap is an automated market maker (AMM) built on the Ethereum blockchain. Unlike traditional centralized exchanges, Uniswap operates without order books. 

Instead, it relies on liquidity pools to facilitate cryptocurrency trading. 

Here are the key features of Uniswap.

### Decentralized exchange 

Uniswap is a DEX, meaning it operates without a central authority. Users can trade directly from their wallets.

### Liquidity Pools

Uniswap’s liquidity pools are created by users who deposit funds into smart contracts. These pools enable seamless token swaps and provide liquidity for various trading pairs.

### UNI token

UNI is Uniswap’s native governance token. Holders of UNI have voting rights and can participate in shaping the platform’s future.

### ERC-20 Tokens

Uniswap supports a wide range of ERC-20 tokens, making it a versatile platform for trading digital assets.

## How to Buy UNI

If you’re interested in buying UNI tokens, follow these steps.

### Choose a Cryptocurrency Exchange

Start by selecting a reputable cryptocurrency exchange that supports UNI. CoinJar is one such exchange.

### Create an Account

Sign up on CoinJar or any other exchange of your choice. Verify your identity as required.

### Deposit Funds

Deposit Australian dollars (AUD) into your exchange account using methods like bank transfers or debit cards.

### Buy UNI

Once your account is funded, navigate to UNI. Place an order to buy UNI tokens. They can stay in your CoinJar wallet (in your account) or you can move them to a software or hardware wallet.

## What does UNI do?

UNI serves several purposes within the Uniswap ecosystem.

### Governance

UNI holders can vote on proposals related to platform upgrades, fee structures, and other governance matters.

### Liquidity Provision

Users who contribute to liquidity pools earn UNI tokens as rewards.

### Incentives

UNI incentivises liquidity providers and traders to participate actively on the Uniswap platform.

## Is It safe to buy UNI?

Uniswap’s decentralized nature enhances security, but always exercise caution. Research thoroughly, use reputable exchanges, and store your UNI tokens securely.

## Conclusion: Buy Uniswap (UNI)

Uniswap is a powerful platform that empowers users to trade digital currencies efficiently. Whether you’re a seasoned trader or a newcomer, exploring Uniswap can open up exciting opportunities in the crypto space. 

Supply and demand drive Uniswap’s liquidity pools, making it a dynamic marketplace for digital currency enthusiasts. 


UNI_825b19b46d.svg

Buy Uniswap: What Is Uniswap (UNI) and what is it used for? Uniswap is a decentralized exchange (DEX) platform. We are going to dive into what Uniswap is, how to buy UNI [tokens](https://www.coinjar.com/learn/what-is-crypto), and explore the functionalities of this innovative platform.

## What Is Uniswap?

UNI is the native token of the world’s largest decentralized exchange, [Uniswap](https://uniswap.org/). An ERC-20 token built on top of the Ethereum network, UNI is a governance token, which means holders can vote on the funding of grants, partnerships, liquidity mining pools and other proposals.

A decentralized exchange is one where matching between buyers and sellers is entirely automated, facilitated by users who stake their tokens in trading pair ‘liquidity pools’. The deeper the liquidity pool, the better the prices available to potential buyers.

During the DeFi boom of mid-2020, Uniswap became the go-to platform for listing and trading DeFi tokens. While its success spawned numerous competitors on a number of different platforms, Uniswap remains the most widely used dedicated exchange with billions of dollars in Total Value Locked (TVL) – a measure of how much capital is locked into the protocol’s liquidity pools.

## How does Uniswap work?

Uniswap is an automated market maker (AMM) built on the Ethereum blockchain. Unlike traditional centralized exchanges, Uniswap operates without order books. 

Instead, it relies on liquidity pools to facilitate cryptocurrency trading. 

Here are the key features of Uniswap.

### Decentralized exchange 

Uniswap is a DEX, meaning it operates without a central authority. Users can trade directly from their wallets.

### Liquidity Pools

Uniswap’s liquidity pools are created by users who deposit funds into smart contracts. These pools enable seamless token swaps and provide liquidity for various trading pairs.

### UNI token

UNI is Uniswap’s native governance token. Holders of UNI have voting rights and can participate in shaping the platform’s future.

### ERC-20 Tokens

Uniswap supports a wide range of ERC-20 tokens, making it a versatile platform for trading digital assets.

## How to Buy UNI

If you’re interested in buying UNI tokens, follow these steps.

### Choose a Cryptocurrency Exchange

Start by selecting a reputable cryptocurrency exchange that supports UNI. CoinJar is one such exchange.

### Create an Account

Sign up on CoinJar or any other exchange of your choice. Verify your identity as required.

### Deposit Funds

Deposit Australian dollars (AUD) into your exchange account using methods like bank transfers or debit cards.

### Buy UNI

Once your account is funded, navigate to UNI. Place an order to buy UNI tokens. They can stay in your CoinJar wallet (in your account) or you can move them to a software or hardware wallet.

## What does UNI do?

UNI serves several purposes within the Uniswap ecosystem.

### Governance

UNI holders can vote on proposals related to platform upgrades, fee structures, and other governance matters.

### Liquidity Provision

Users who contribute to liquidity pools earn UNI tokens as rewards.

### Incentives

UNI incentivises liquidity providers and traders to participate actively on the Uniswap platform.

## Is It safe to buy UNI?

Uniswap’s decentralized nature enhances security, but always exercise caution. Research thoroughly, use reputable exchanges, and store your UNI tokens securely.

## Conclusion: Buy Uniswap (UNI)

Uniswap is a powerful platform that empowers users to trade digital currencies efficiently. Whether you’re a seasoned trader or a newcomer, exploring Uniswap can open up exciting opportunities in the crypto space. 

Supply and demand drive Uniswap’s liquidity pools, making it a dynamic marketplace for digital currency enthusiasts. 


Uniswap

Why Investors buy Uniswap: What Is Uniswap (UNI) and what is it used for? Uniswap is a decentralised exchange (DEX) platform. In this article, we’ll dive into what Uniswap is, how to buy UNI tokens, and explore the functionalities of this innovative platform.

## What Is Uniswap?

UNI is the native [token](https://www.coinjar.com/au/learn/what-is-crypto) of the world’s largest decentralised exchange, [Uniswap](https://uniswap.org/). An ERC-20 token built on top of the Ethereum network, UNI is a governance token, which means holders can vote on the funding of grants, partnerships, liquidity mining pools and other proposals.

A decentralised exchange is one where matching between buyers and sellers is entirely automated, facilitated by users who stake their tokens in trading pair ‘liquidity pools’. 

The deeper the liquidity pool, the better the prices available to potential buyers. 

## Uniswap rises

During the DeFi boom of mid-2020, Uniswap became the go-to platform for listing and trading DeFi tokens. 

While its success spawned numerous competitors on a number of different platforms, Uniswap remains the most widely used dedicated exchange with billions of dollars in Total Value Locked (TVL) – a measure of how much capital is locked into the protocol’s liquidity pools. 

## How does Uniswap work?

Uniswap is an automated market maker (AMM) built on the Ethereum blockchain. Unlike traditional centralised exchanges, Uniswap operates without order books. 

Instead, it relies on liquidity pools to facilitate cryptocurrency trading. 

Here are the key features of Uniswap.

### Decentralised exchange

Uniswap is a DEX, meaning it operates without a central authority. Users can trade directly from their wallets.

### Liquidity Pools

Uniswap’s liquidity pools are created by users who deposit funds into smart contracts. These pools enable seamless token swaps and provide liquidity for various trading pairs.

### UNI token

UNI is Uniswap’s native governance token. Holders of UNI have voting rights and can participate in shaping the platform’s future.

### ERC-20 Tokens

Uniswap supports a wide range of ERC-20 tokens, making it a versatile platform for trading digital assets.

## How to Buy UNI

If you’re interested in buying UNI tokens, follow these steps.

### Choose a Cryptocurrency Exchange

Start by selecting a reputable cryptocurrency exchange that supports UNI. CoinJar is one such exchange.

### Create an Account

Sign up on CoinJar or any other exchange of your choice. 

Verify your identity as required. 

UK residents must complete an assessment and wait for 24 hours (see more details below).

### Deposit Funds

Deposit Sterling (GBP) into your exchange account using methods like bank transfers or debit cards.

### Able to buy UNI

Once your account is funded, navigate to UNI. Place an order to buy UNI tokens. They can stay in your CoinJar wallet (in your account) or you can move them to a software or hardware wallet. 

## What does UNI do?

UNI serves several purposes within the Uniswap ecosystem.

### Governance

UNI holders can vote on proposals related to platform upgrades, fee structures, and other governance matters.

### Liquidity Provision

Users who contribute to liquidity pools earn UNI tokens as rewards.

Crypto is generally very volatile, with the risk of abrupt market changes, corporate collapse, inadequate client fund segregation, and cyberattacks. Don't invest anything you aren’t prepared to lose. 

### Incentives

UNI incentivises liquidity providers and traders to participate actively on the Uniswap platform. 

## Is there risk associated with  buying UNI?

Uniswap’s decentralised nature enhances asset protection, but always exercise caution. Research thoroughly, use reputable exchanges, and store your UNI tokens in a manner that prioritises their protection. 

## Conclusion: Can you invest in Uniswap (UNI)

Uniswap is a powerful platform that empowers users to trade digital currencies efficiently. Whether you’re a seasoned trader or a newcomer, exploring Uniswap can open up exciting opportunities in the crypto space. 

Supply and demand drive Uniswap’s liquidity pools, making it a dynamic marketplace for digital currency enthusiasts. 



https://www.coinjar.com/uk/risk-summary-defi-tokens

Buy Uniswap: What Is Uniswap (UNI) and what is it used for? Uniswap is a decentralised exchange (DEX) platform. We are going to dive into what Uniswap is, how to buy UNI [tokens](https://www.coinjar.com/au/learn/what-is-crypto), and explore the functionalities of this innovative platform.

## What Is Uniswap?

UNI is the native token of the world’s largest decentralised exchange, [Uniswap](https://uniswap.org/). An ERC-20 token built on top of the Ethereum network, UNI is a governance token, which means holders can vote on the funding of grants, partnerships, liquidity mining pools and other proposals.

A decentralised exchange is one where matching between buyers and sellers is entirely automated, facilitated by users who stake their tokens in trading pair ‘liquidity pools’. The deeper the liquidity pool, the better the prices available to potential buyers.

During the DeFi boom of mid-2020, Uniswap became the go-to platform for listing and trading DeFi tokens. While its success spawned numerous competitors on a number of different platforms, Uniswap remains the most widely used dedicated exchange with billions of dollars in Total Value Locked (TVL) – a measure of how much capital is locked into the protocol’s liquidity pools.

## How does Uniswap work?

Uniswap is an automated market maker (AMM) built on the Ethereum blockchain. Unlike traditional centralised exchanges, Uniswap operates without order books. 

Instead, it relies on liquidity pools to facilitate cryptocurrency trading. 

Here are the key features of Uniswap.

### Decentralised exchange 

Uniswap is a DEX, meaning it operates without a central authority. Users can trade directly from their wallets.

### Liquidity Pools

Uniswap’s liquidity pools are created by users who deposit funds into smart contracts. These pools enable seamless token swaps and provide liquidity for various trading pairs.

### UNI token

UNI is Uniswap’s native governance token. Holders of UNI have voting rights and can participate in shaping the platform’s future.

### ERC-20 Tokens

Uniswap supports a wide range of ERC-20 tokens, making it a versatile platform for trading digital assets.

## How to Buy UNI

If you’re interested in buying UNI tokens, follow these steps.

### Choose a Cryptocurrency Exchange

Start by selecting a reputable cryptocurrency exchange that supports UNI. CoinJar is one such exchange.

### Create an Account

Sign up on CoinJar or any other exchange of your choice. Verify your identity as required.

### Deposit Funds

Deposit Australian dollars (AUD) into your exchange account using methods like bank transfers or debit cards.

### Buy UNI

Once your account is funded, navigate to UNI. Place an order to buy UNI tokens. They can stay in your CoinJar wallet (in your account) or you can move them to a software or hardware wallet.

## What does UNI do?

UNI serves several purposes within the Uniswap ecosystem.

### Governance

UNI holders can vote on proposals related to platform upgrades, fee structures, and other governance matters.

### Liquidity Provision

Users who contribute to liquidity pools earn UNI tokens as rewards.

### Incentives

UNI incentivises liquidity providers and traders to participate actively on the Uniswap platform.

## Is It safe to buy UNI?

Uniswap’s decentralised nature enhances security, but always exercise caution. Research thoroughly, use reputable exchanges, and store your UNI tokens securely.

## Conclusion: Buy Uniswap (UNI)

Uniswap is a powerful platform that empowers users to trade digital currencies efficiently. Whether you’re a seasoned trader or a newcomer, exploring Uniswap can open up exciting opportunities in the crypto space. 

Supply and demand drive Uniswap’s liquidity pools, making it a dynamic marketplace for digital currency enthusiasts. 


Why do investors buy Yearn.finance (YFI)? Yearn.finance, also known as Yearn, is a ‘toolbox’ for people who use cryptocurrencies. It helps them earn interest from their digital assets.

## What Is Yearn.finance? How does it work? 

Yearn operates on the Ethereum blockchain. It also works with other decentralised exchanges like Balancer and Curve. Its main job is to help people make more money from their crypto assets by using [DeFi](https://www.coinjar.com/global/learn/what-is-defi) (which stands for Decentralised Finance).

## Vaults: Maximising yield

[Yearn.finance](https://yearn.fi/) offers a range of vaults where users can deposit their tokens to earn yield. These vaults automatically move assets between different DeFi lending protocols (such as Aave and Compound) to maximise returns. 

By doing so, users benefit from higher yields without actively managing their assets.

## Governance participation

Yearn.finance’s native token is YFI. Holders of YFI have the opportunity to participate in governance decisions. This means they can vote on proposals related to the protocol’s development, changes, and upgrades. YFI holders play a crucial role in shaping the future of Yearn.finance.

## yCRV and yETH Strategies

yCRV: Yearn.finance provides a strategy called yCRV, which aims to achieve the best CRV (Curve) yields in DeFi. CRV is a stablecoin liquidity pool token, and Yearn optimises its returns for users.

yETH: For those holding Ethereum (ETH), Yearn.finance offers a straightforward, risk-adjusted liquid staking yield strategy. Users can stake their ETH and earn rewards without locking it up for an extended period.

[yPrisma:](https://docs.yearn.fi/getting-started/products/ylockers/yprisma/overview) This is a protocol designed to enhance yield opportunities for digital assets. While the details of yPrisma are continually evolving, it aims to provide additional ways for users to earn yield within the Yearn ecosystem.

## Why Is Yearn.finance worth looking at?

### Automated optimisation

Yearn.finance’s vaults automatically manage assets, ensuring users get the best returns without active intervention.

### Community governance

YFI holders actively participate in shaping the protocol, fostering a decentralised decision-making process.

### Diverse strategies

Yearn offers various strategies (like yCRV and yETH) to cater to different risk appetites and asset types.

### Innovation

The introduction of yPrisma demonstrates Yearn’s commitment to continuous improvement and innovation.

## How to Use Yearn.finance

Connect Wallet: Visit the Yearn.finance website and connect your wallet.

Explore Vaults: Browse the available vaults, choose one that suits your preferences, and deposit your tokens.

Earn Yield: Let Yearn.finance’s automated strategies do the work for you. Monitor your earnings and participate in governance if you hold YFI.

## Conclusion: Buy Yearn.Finance (YFI)

Yearn.finance is a DeFi protocol that optimises yield, is run by its community, and offers innovative strategies for crypto enthusiasts. Whether you’re a yield seeker or a governance enthusiast, Yearn is worth looking into.

## How to Buy Yearn.finance (YFI) on CoinJar

If you’re interested in acquiring Yearn.finance (YFI), CoinJar provides a straightforward process to get started. 

Follow these simple steps:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android.Create an account and complete the ID verification process.

Deposit Funds: Transfer funds from your bank account using bank transfer, PayID, or Osko.

Purchase YFI:Once your account is funded, you can buy YFI directly using cash or credit card.


Currency_YFI_ea0d91a8d8.svg

Why do investors buy Yearn.finance (YFI)? Yearn.finance, also known as Yearn, is a ‘toolbox’ for people who use cryptocurrencies. It helps them earn interest from their digital assets.

## What Is Yearn.finance? How does it work? 

Yearn operates on the Ethereum blockchain. It also works with other decentralised exchanges like Balancer and Curve. Its main job is to help people make more money from their crypto assets by using [DeFi](https://www.coinjar.com/learn/what-is-defi) (which stands for Decentralised Finance).

## Vaults: Maximising yield

[Yearn.finance](https://yearn.fi/) offers a range of vaults where users can deposit their tokens to earn yield. These vaults automatically move assets between different DeFi lending protocols (such as Aave and Compound) to maximise returns. 

By doing so, users benefit from higher yields without actively managing their assets.

## Governance participation

Yearn.finance’s native token is YFI. Holders of YFI have the opportunity to participate in governance decisions. This means they can vote on proposals related to the protocol’s development, changes, and upgrades. YFI holders play a crucial role in shaping the future of Yearn.finance.

## yCRV and yETH Strategies

yCRV: Yearn.finance provides a strategy called yCRV, which aims to achieve the best CRV (Curve) yields in DeFi. CRV is a stablecoin liquidity pool token, and Yearn optimises its returns for users.

yETH: For those holding Ethereum (ETH), Yearn.finance offers a straightforward, risk-adjusted liquid staking yield strategy. Users can stake their ETH and earn rewards without locking it up for an extended period.

[yPrisma:](https://docs.yearn.fi/getting-started/products/ylockers/yprisma/overview) This is a protocol designed to enhance yield opportunities for digital assets. While the details of yPrisma are continually evolving, it aims to provide additional ways for users to earn yield within the Yearn ecosystem.

## Why Is Yearn.finance worth looking at?

### Automated optimisation

Yearn.finance’s vaults automatically manage assets, ensuring users get the best returns without active intervention.

### Community governance

YFI holders actively participate in shaping the protocol, fostering a decentralised decision-making process.

### Diverse strategies

Yearn offers various strategies (like yCRV and yETH) to cater to different risk appetites and asset types.

### Innovation

The introduction of yPrisma demonstrates Yearn’s commitment to continuous improvement and innovation.

## How to Use Yearn.finance

Connect Wallet: Visit the Yearn.finance website and connect your wallet.

Explore Vaults: Browse the available vaults, choose one that suits your preferences, and deposit your tokens.

Earn Yield: Let Yearn.finance’s automated strategies do the work for you. Monitor your earnings and participate in governance if you hold YFI.

## Conclusion: Buy Yearn.Finance (YFI)

Yearn.finance is a DeFi protocol that optimises yield, is run by its community, and offers innovative strategies for crypto enthusiasts. Whether you’re a yield seeker or a governance enthusiast, Yearn is worth looking into.

## How to Buy Yearn.finance (YFI) on CoinJar

Download the CoinJar app on iOS or Android.Create an account and complete the ID verification process.

Transfer funds from your bank account using bank transfer, PayID, or Osko.

Once your account is funded, you can buy YFI directly using cash or credit card.





yearn.finance

Why do investors buy Yearn.finance (YFI)? Yearn.finance, also known as Yearn, is a ‘toolbox’ for people who use cryptocurrencies. It helps them earn interest from their digital assets.

## What Is Yearn.finance? How does it work? 

Yearn operates on the Ethereum blockchain. It also works with other decentralised exchanges like Balancer and Curve. Its main job is to help people make more money from their crypto assets by using [DeFi](https://www.coinjar.com/au/learn/what-is-defi) (which stands for Decentralised Finance).

## Vaults: Maximising yield

[Yearn.finance](https://yearn.fi/) offers a range of vaults where users can deposit their tokens to earn yield. These vaults automatically move assets between different DeFi lending protocols (such as Aave and Compound) to maximise returns. 

By doing so, users benefit from higher yields without actively managing their assets.

## Governance participation

Yearn.finance’s native token is YFI. Holders of YFI have the opportunity to participate in governance decisions. This means they can vote on proposals related to the protocol’s development, changes, and upgrades. YFI holders play a crucial role in shaping the future of Yearn.finance.

## yCRV and yETH Strategies

yCRV: Yearn.finance provides a strategy called yCRV, which aims to achieve the best CRV (Curve) yields in DeFi. CRV is a stablecoin liquidity pool token, and Yearn optimises its returns for users.

yETH: For those holding Ethereum (ETH), Yearn.finance offers a straightforward, risk-adjusted liquid staking yield strategy. Users can stake their ETH and earn rewards without locking it up for an extended period.

[yPrisma:](https://docs.yearn.fi/getting-started/products/ylockers/yprisma/overview) This is a protocol designed to enhance yield opportunities for digital assets. While the details of yPrisma are continually evolving, it aims to provide additional ways for users to earn yield within the Yearn ecosystem.

## Why Is Yearn.finance worth looking at?

### Automated optimisation

Yearn.finance’s vaults automatically manage assets, ensuring users get the best returns without active intervention.

### Community governance

YFI holders actively participate in shaping the protocol, fostering a decentralised decision-making process.

### Diverse strategies

Yearn offers various strategies (like yCRV and yETH) to cater to different risk appetites and asset types.

### Innovation

The introduction of yPrisma demonstrates Yearn’s commitment to continuous improvement and innovation.

## How to Use Yearn.finance

Connect Wallet: Visit the Yearn.finance website and connect your wallet.

Explore Vaults: Browse the available vaults, choose one that suits your preferences, and deposit your tokens.

Earn Yield: Let Yearn.finance’s automated strategies do the work for you. Monitor your earnings and participate in governance if you hold YFI.

## Conclusion: Buy Yearn.Finance (YFI)

Yearn.finance is a DeFi protocol that optimises yield, is run by its community, and offers innovative strategies for crypto enthusiasts. Whether you’re a yield seeker or a governance enthusiast, Yearn is worth looking into.

## How to Buy Yearn.finance (YFI) on CoinJar

If you’re interested in acquiring Yearn.finance (YFI), CoinJar provides a straightforward process to get started. 

Follow these simple steps:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android.Create an account and complete the ID verification process.

Deposit Funds: Transfer funds from your bank account using bank transfer, PayID, or Osko.

Purchase YFI:Once your account is funded, you can buy YFI directly using cash or credit card.


Why do investors buy Yearn.finance (YFI)? Yearn.finance, also known as Yearn, is a ‘toolbox’ for people who use cryptocurrencies. It helps them earn interest from their [digital assets](https://www.coinjar.com/uk/learn/what-is-defi).

## What Is Yearn.finance? How does it work? 

Yearn operates on the Ethereum blockchain. It also works with other decentralised exchanges like Balancer and Curve. Its main job is to help people make more money from their crypto assets by using DeFi (which stands for Decentralised Finance).

## Vaults: Maximising yield

[Yearn.finance](https://yearn.fi/) offers a range of vaults where users can deposit their tokens to earn yield. These vaults automatically move assets between different DeFi lending protocols (such as Aave and Compound) to maximise returns. By doing so, users benefit from competitive yields without actively managing their assets.

## Governance participation

Yearn.finance’s native token is YFI. Holders of YFI have the opportunity to participate in governance decisions. This means they can vote on proposals related to the protocol’s development, changes, and upgrades. YFI holders play a crucial role in shaping the future of Yearn.finance.

## yCRV and yETH Strategies

yCRV: Yearn.finance provides a strategy called yCRV, which aims to achieve maximum CRV (Curve) yields in DeFi. CRV is a stablecoin liquidity pool token, and Yearn optimises its returns for users.

yETH: For those holding Ethereum (ETH), Yearn.finance offers a user-friendly, risk-adjusted liquid staking yield strategy. Users can stake their ETH and earn rewards without locking it up for an extended period.

yPrisma: This is a protocol designed to enhance yield opportunities for digital assets. While the details of [yPrisma](https://docs.yearn.fi/getting-started/products/ylockers/yprisma/overview) are continually evolving, it aims to provide additional ways for users to earn yield within the Yearn ecosystem.

## Why Is Yearn.finance worth looking at?

### Automated optimisation

Yearn.finance’s vaults automatically manage assets, ensuring users get maximum returns (per your chosen strategy) without active intervention.

### Community governance

YFI holders actively participate in shaping the protocol, fostering a decentralised decision-making process.

### Diverse strategies

Yearn offers various strategies (like yCRV and yETH) to cater to different risk appetites and asset types.

### Innovation

The introduction of yPrisma demonstrates Yearn’s commitment to continuous improvement and innovation.

## How to Use Yearn.finance

Connect Wallet: Visit the Yearn.finance website and connect your wallet.

Explore Vaults: Browse the available vaults, choose one that suits your preferences, and deposit your tokens.

Earn Yield: Let Yearn.finance’s automated strategies do the work for you. Monitor your earnings and participate in governance if you hold YFI.

## Conclusion: Why Investors buy Yearn.Finance (YFI)

Yearn.finance is a DeFi protocol that optimises yield, is run by its community, and offers innovative strategies for crypto enthusiasts. Whether you’re a yield seeker or a governance enthusiast, Yearn is worth looking into.

## How to Buy Yearn.finance (YFI) on CoinJar

If you’re interested in acquiring Yearn.finance (YFI), CoinJar provides a user-friendly process to get started. 

Follow these steps:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android.Create an account and complete the ID verification process. 

UK residents are required (in accordance with local legislation) to complete an appropriateness assessment to show they understand the risks associated with what crypto/investment they are about to buy and enabling CoinJar to categorise them as an investor. 

New customers are also required under local regulations to wait 24-hours as a “cooling off” period (from account creation), before their account is active (i.e. to deposit, trade, withdraw etc.).

Deposit Funds: Transfer funds from your bank account using bank transfer, PayID, or Osko.
Purchase YFI:Once your account is funded, you can buy YFI directly using cash or credit card.


What is Maker DAI? Want to buy DAI on CoinJar? Here’s what you need to know.

## Understanding MakerDAO and the DAI Stablecoin

MakerDAO is a decentralized autonomous organisation (DAO) built on the Ethereum blockchain. Its mission is to create a stable and decentralized digital currency. Let’s dive into the details of what Maker DAI is and how you can acquire it.

## What is DAI: The simple explanation

Here’s a simple way to describe how it works. Imagine you have a coin called “DAI.” It’s like a regular coin, but it always tries to stay worth the same as one U.S. dollar.

So how does it stay stable? It is created using something called a “smart contract” on the Ethereum blockchain. Think of this smart contract as a set of rules that govern how the crypto works.

Say you have some Ethereum (ETH). You can use it as a kind of security deposit to create Dai. This is done through a platform called the Maker Protocol.

Think of it like this: You put your ETH in a digital vault called a “Collateralized Debt Position (CDP)”. It's like putting your ETH in a safe. Then, the Maker Protocol gives you Dai in return, based on how much ETH you put in.

Now, here's the catch: Because the value of cryptocurrencies can change a lot, you have to put in more ETH than the value of the Dai you want to get. This is called over-collateralization.

For example, if you want $100 worth of Dai, you might need to put in $200 worth of ETH. This is to make sure that even if the value of ETH goes down, there's still enough value to cover the Dai.

When you want to get your ETH back, you have to return the Dai you borrowed, plus a small fee for using the Maker Protocol. It's like paying rent for using the vault.

So, in simple terms, Dai is digital money you can get by trading it for Ethereum, or by using Ethereum as a deposit in a special digital vault called a CDP.

## What stability means for users

DAI ideally offers stability (but nothing is guaranteed in stablecoin world!). This is good for things like [online shopping](https://blog.makerdao.com/why-online-merchants-should-accept-dai-for-crypto-payments/) (mostly with merchants accepting funds via payment companies that enable crypto payments). You can theoretically use it to buy things online, just like using dollars.

Regular cryptocurrencies (like Bitcoin) can swing up and down a lot in price. DAI aims to stay steady in price. 

When you send DAI to someone in another country, they should get the same value without worrying about exchange rates. 

Say your cousin in America needs some cash. Instead of dealing with exchange rates and bank fees, you send them DAI instead. This is without all the bank fees and then the banks converting currency in their favour.

Because the price theoretically stays stable, people use it in decentralised finance (DeFi) apps. These apps let you lend, borrow, and earn interest.

## Other uses

It has other uses. Imagine you’re a crypto trader. When other coins swing wildly, you can switch your existing crypto into DAI to keep stability.

You can lend your DAI on platforms like [Compound](https://www.coinjar.com/global/buy/compound) or [Aave.](https://www.coinjar.com/global/buy/aave) Your DAI earns interest, and you don’t lose sleep over price fluctuations.

## What is DAI? A more technical explanation

It is a stablecoin pegged to the US dollar. Unlike other cryptocurrencies, its value remains relatively stable, making it suitable for everyday transactions.

It is created through a system of collateralised debt positions (CDPs). Users lock up crypto assets (such as Ethereum) as collateral to generate DAI.

The collateralization ratio determines how much of it can be minted against the locked assets. 

If the value of the collateral drops, users may need to add more assets or repay part of their debt.

Outstanding debt refers to the total amount of DAI in circulation.

## MakerDAO components

### Smart contracts

MakerDAO relies on smart contracts to manage the creation and redemption of DAI. These contracts ensure transparency and security.

### MKR tokens

MKR is the governance token of MakerDAO. MKR holders participate in decision-making processes, including voting on stability fees and other protocol changes.

### Stability fee

When users create DAI, they pay a stability fee. This fee compensates MKR holders and helps maintain the stability of the system.

### DAI Savings Rate (DSR)

The DSR allows users to earn interest by holding the crypto in a savings account within the MakerDAO ecosystem.

## How to Buy Maker Dai on CoinJar

Sign Up: If you don’t have a CoinJar account, sign up at CoinJar.

Deposit Funds: Deposit funds (such as AUD or BTC) into your CoinJar account.

Choose DAI: It will arrive in your CoinJar account. From there you can move it into another wallet.

#### What risks should I be aware of?

DAI is backed by collateral who can themselves be volatile, such as Ethereum (ETH). If the value of the collateral drops significantly, it could trigger automatic liquidation of the collateral and cause the value of DAI to fluctuate.

It uses algorithmic smart contracts to maintain price stability and to ensure that the tokens are always kept fully collateralized. Users should be aware that other tokens which have used algorithmic smart contracts to maintain their value, such as Terra (LUNA) have failed, leading to total loss of value.


Currency_DAI_058429d5ea.svg

What is Maker DAI? Want to buy DAI on CoinJar? Here’s what you need to know.

## Understanding MakerDAO and the DAI Stablecoin

MakerDAO is a decentralized autonomous organisation (DAO) built on the Ethereum blockchain. Its mission is to create a stable and decentralized digital currency. Let’s dive into the details of what Maker DAI is and how you can acquire it.

## What is DAI: The simple explanation

Here’s a simple way to describe how it works. Imagine you have a coin called “DAI.” It’s like a regular coin, but it always tries to stay worth the same as one U.S. dollar.

So how does it stay stable? It is created using something called a “smart contract” on the Ethereum blockchain. Think of this smart contract as a set of rules that govern how the crypto works.

Say you have some Ethereum (ETH). You can use it as a kind of security deposit to create Dai. This is done through a platform called the Maker Protocol.

Think of it like this: You put your ETH in a digital vault called a “Collateralized Debt Position (CDP)”. It's like putting your ETH in a safe. Then, the Maker Protocol gives you Dai in return, based on how much ETH you put in.

Now, here's the catch: Because the value of cryptocurrencies can change a lot, you have to put in more ETH than the value of the Dai you want to get. This is called over-collateralization.

For example, if you want $100 worth of Dai, you might need to put in $200 worth of ETH. This is to make sure that even if the value of ETH goes down, there's still enough value to cover the Dai.

When you want to get your ETH back, you have to return the Dai you borrowed, plus a small fee for using the Maker Protocol. It's like paying rent for using the vault.

So, in simple terms, Dai is digital money you can get by trading it for Ethereum, or by using Ethereum as a deposit in a special digital vault called a CDP.

## What stability means for users

DAI ideally offers stability (but nothing is guaranteed in stablecoin world!). This is good for things like [online shopping](https://blog.makerdao.com/why-online-merchants-should-accept-dai-for-crypto-payments/) (mostly with merchants accepting funds via payment companies that enable crypto payments). You can theoretically use it to buy things online, just like using dollars.

Regular cryptocurrencies (like Bitcoin) can swing up and down a lot in price. DAI aims to stay steady in price. 

When you send DAI to someone in another country, they should get the same value without worrying about exchange rates. 

Say your cousin in America needs some cash. Instead of dealing with exchange rates and bank fees, you send them DAI instead. This is without all the bank fees and then the banks converting currency in their favour.

Because the price theoretically stays stable, people use it in decentralised finance (DeFi) apps. These apps let you lend, borrow, and earn interest.

## Other uses

It has other uses. Imagine you’re a crypto trader. When other coins swing wildly, you can switch your existing crypto into DAI to keep stability.

You can lend your DAI on platforms like [Compound](https://www.coinjar.com/buy/compound) or [Aave.](https://www.coinjar.com/buy/aave) Your DAI earns interest, and you don’t lose sleep over price fluctuations.

## What is DAI? A more technical explanation

It is a stablecoin pegged to the US dollar. Unlike other cryptocurrencies, its value remains relatively stable, making it suitable for everyday transactions.

It is created through a system of collateralised debt positions (CDPs). Users lock up crypto assets (such as Ethereum) as collateral to generate DAI.

The collateralization ratio determines how much of it can be minted against the locked assets. 

If the value of the collateral drops, users may need to add more assets or repay part of their debt.

Outstanding debt refers to the total amount of DAI in circulation.

## MakerDAO components

### Smart contracts

MakerDAO relies on smart contracts to manage the creation and redemption of DAI. These contracts ensure transparency and security.

### MKR tokens

MKR is the governance token of MakerDAO. MKR holders participate in decision-making processes, including voting on stability fees and other protocol changes.

### Stability fee

When users create DAI, they pay a stability fee. This fee compensates MKR holders and helps maintain the stability of the system.

### DAI Savings Rate (DSR)

The DSR allows users to earn interest by holding the crypto in a savings account within the MakerDAO ecosystem.

## How to Buy Maker Dai on CoinJar

Sign Up: If you don’t have a CoinJar account, sign up at CoinJar.

Deposit Funds: Deposit funds (such as AUD or BTC) into your CoinJar account.

Choose DAI: It will arrive in your CoinJar account. From there you can move it into another wallet.

#### What risks should I be aware of?

DAI is backed by collateral who can themselves be volatile, such as Ethereum (ETH). If the value of the collateral drops significantly, it could trigger automatic liquidation of the collateral and cause the value of DAI to fluctuate.

It uses algorithmic smart contracts to maintain price stability and to ensure that the tokens are always kept fully collateralized. Users should be aware that other tokens which have used algorithmic smart contracts to maintain their value, such as Terra (LUNA) have failed, leading to total loss of value.


Maker Dai

Why investors buy DAI: What is Maker DAI? Want to buy DAI on CoinJar? Here’s what you need to know.

## Understanding MakerDAO and the DAI Stablecoin

MakerDAO is a decentralised autonomous organisation (DAO) built on the Ethereum blockchain. Its mission is to create a stable and decentralised digital currency. Let’s dive into the details of what Maker DAI is and how you can acquire it.

##cWhat is DAI: The user-friendly explanation

Here’s a user-friendly way to describe how it works. Imagine you have a virtual coin called “DAI.” It’s similar to a regular coin, but it always tries to stay worth the same as one U.S. dollar.

So how does it stay stable? It is created using something called a “smart contract” on the Ethereum blockchain. Think of this smart contract as a set of rules that govern how the crypto works.

Say you have some Ethereum (ETH). You can use it as a kind of security deposit to create Dai. This is done through a platform called the Maker Protocol.

Think of it like this: You put your ETH in a digital vault called a “Collateralised Debt Position (CDP)”. It's like putting your ETH in a safety deposit box. Then, the Maker Protocol gives you Dai in return, based on how much ETH you put in.

Now, here's the catch: Because the value of cryptocurrencies can change a lot, you have to put in more ETH than the value of the Dai you want to get. This is called over-collateralisation.

For example, if you want £100 worth of Dai, you might need to put in £200 worth of ETH. This is to make sure that even if the value of ETH goes down, there's still enough value to cover the Dai.

When you want to get your ETH back, you have to return the Dai you borrowed, plus a small fee for using the Maker Protocol. It's like paying rent for using the vault.

So, in user friendly terms, Dai is digital money you can get by trading it for Ethereum, or by using Ethereum as a deposit in a special digital vault called a CDP.

The performance of most cryptocurrency can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets.

### What stability means for users

DAI ideally offers stability (but nothing is guaranteed in stablecoin world!). This is good for things like [online shopping](https://blog.makerdao.com/why-online-merchants-should-accept-dai-for-crypto-payments/) (mostly with merchants accepting funds via payment companies that enable crypto payments). 

You can theoretically use it to buy things online, just like using Sterling.

Regular cryptocurrencies (like Bitcoin) can swing up and down a lot in price. DAI aims to stay steady in price (“[soft pegged](https://www.charliedefi.com/stable-coins/dai)” to the US dollar).

When you send DAI to someone in another country, they should get the same value without worrying about exchange rates.

Say your cousin in America needs some cash. Instead of dealing with exchange rates and bank fees, you send them DAI instead. This is without all the bank fees and then the banks converting currency in their favour.

Because the price theoretically [stays stable](https://www.charliedefi.com/stable-coins/dai) (“soft pegged” to the US dollar), people use it in decentralised finance (DeFi) apps. These apps let you lend, borrow, and earn interest.

## Other uses

It has other uses. Imagine you’re a crypto trader. When other coins swing wildly, you can switch your existing crypto into DAI to keep stability.

You can lend your DAI on platforms like [Compound](https://www.coinjar.com/uk/buy/compound) or [Aave](https://www.coinjar.com/uk/buy/aave). Your DAI earns interest, and you don’t lose sleep over price fluctuations as it is “soft pegged” to the US dollar.

## What is DAI? A more technical explanation

It is a stablecoin pegged to the US dollar. Unlike other cryptocurrencies, its value remains relatively stable, making it suitable for everyday transactions.

It is created through a system of collateralised debt positions (CDPs). Users lock up crypto assets (such as Ethereum) as collateral to generate DAI.

The collateralisation ratio determines how much of it can be minted against the locked assets.

If the value of the collateral drops, users may need to add more assets or repay part of their debt.

Outstanding debt refers to the total amount of DAI in circulation.

## MakerDAO components

### Smart contracts

MakerDAO relies on smart contracts to manage the creation and redemption of DAI. These contracts aim to ensure transparency and protection.

### MKR tokens

MKR is the governance token of MakerDAO. MKR holders participate in decision-making processes, including voting on stability fees and other protocol changes.

### Stability fee

When users create DAI, they pay a stability fee. This fee compensates MKR holders and helps maintain the stability of the system.

### DAI Savings Rate (DSR)

The DSR allows users to earn interest by holding the crypto in a savings account within the MakerDAO ecosystem.

## How to Buy Maker Dai on CoinJar

Sign Up: If you don’t have a CoinJar account, you can sign up at CoinJar. 

Verify your identity as required. UK residents are required to do an assessment and then wait 24 hours (see below).

Deposit Funds: Deposit funds (such as GBP or BTC) into your CoinJar account. 

Choose DAI: It will arrive in your CoinJar account. From there you can move it into another wallet.

## What risks should I be aware of?

DAI is backed by collateral which can itself be volatile, such as Ethereum (ETH). If the value of the collateral drops significantly, it could trigger automatic liquidation of the collateral and cause the value of DAI to fluctuate.

It uses algorithmic smart contracts to maintain price stability (“soft pegged” to the US dollar) and to ensure that the tokens are always kept fully collateralised. 

Users should be aware that other tokens which have used algorithmic smart contracts to maintain their value, such as Terra (LUNA) have failed, leading to total loss of value.





What is Maker DAI? Want to buy DAI on CoinJar? Here’s what you need to know.

## Understanding MakerDAO and the DAI Stablecoin

MakerDAO is a decentralised autonomous organisation (DAO) built on the Ethereum blockchain. Its mission is to create a stable and decentralised digital currency. Let’s dive into the details of what Maker DAI is and how you can acquire it.

## What is DAI: The simple explanation

Here’s a simple way to describe how it works. Imagine you have a coin called “DAI.” It’s like a regular coin, but it always tries to stay worth the same as one U.S. dollar.

So how does it stay stable? It is created using something called a “smart contract” on the Ethereum blockchain. Think of this smart contract as a set of rules that govern how the crypto works.

Say you have some Ethereum (ETH). You can use it as a kind of security deposit to create Dai. This is done through a platform called the Maker Protocol.

Think of it like this: You put your ETH in a digital vault called a “Collateralised Debt Position (CDP)”. It's like putting your ETH in a safe. Then, the Maker Protocol gives you Dai in return, based on how much ETH you put in.

Now, here's the catch: because the value of cryptocurrencies can change a lot, you have to put in more ETH than the value of the Dai you want to get. This is called over-collateralisation.

For example, if you want $100 worth of Dai, you might need to put in $200 worth of ETH. This is to make sure that even if the value of ETH goes down, there's still enough value to cover the Dai.

When you want to get your ETH back, you have to return the Dai you borrowed, plus a small fee for using the Maker Protocol. It's like paying rent for using the vault.

So, in simple terms, Dai is digital money you can get by trading it for Ethereum, or by using Ethereum as a deposit in a special digital vault called a CDP.

## What stability means for users

DAI ideally offers stability (but nothing is guaranteed in stablecoin world!). This is good for things like [online shopping](https://blog.makerdao.com/why-online-merchants-should-accept-dai-for-crypto-payments/) (mostly with merchants accepting funds via payment companies that enable crypto payments). You can theoretically use it to buy things online, just like using dollars.

Regular cryptocurrencies (like Bitcoin) can swing up and down a lot in price. DAI aims to stay steady in price. 

When you send DAI to someone in another country, they should get the same value without worrying about exchange rates. 

Say your cousin in America needs some cash. Instead of dealing with exchange rates and bank fees, you send them DAI instead. This is without all the bank fees and then the banks converting currency in their favour.

Because the price theoretically stays stable, people use it in decentralised finance (DeFi) apps. These apps let you lend, borrow, and earn interest.

## Other uses

It has other uses. Imagine you’re a crypto trader. When other coins swing wildly, you can switch your existing crypto into DAI to keep stability.

You can lend your DAI on platforms like [Compound](https://www.coinjar.com/au/buy/compound) or [Aave.](https://www.coinjar.com/au/buy/aave) Your DAI earns interest, and you don’t lose sleep over price fluctuations.

## What is DAI? A more technical explanation

It is a stablecoin pegged to the US dollar. Unlike other cryptocurrencies, its value remains relatively stable, making it suitable for everyday transactions.

It is created through a system of collateralised debt positions (CDPs). Users lock up crypto assets (such as Ethereum) as collateral to generate DAI.

The collateralisation ratio determines how much of it can be minted against the locked assets. 

If the value of the collateral drops, users may need to add more assets or repay part of their debt.

Outstanding debt refers to the total amount of DAI in circulation.

## MakerDAO components

### Smart contracts

MakerDAO relies on smart contracts to manage the creation and redemption of DAI. These contracts ensure transparency and security.

### MKR tokens

MKR is the governance token of MakerDAO. MKR holders participate in decision-making processes, including voting on stability fees and other protocol changes.

### Stability fee

When users create DAI, they pay a stability fee. This fee compensates MKR holders and helps maintain the stability of the system.

### DAI Savings Rate (DSR)

The DSR allows users to earn interest by holding the crypto in a savings account within the MakerDAO ecosystem.

## How to Buy Maker Dai on CoinJar

Sign Up: If you don’t have a CoinJar account, sign up at CoinJar.
Deposit Funds: Deposit funds (such as AUD or BTC) into your CoinJar account.
Choose DAI: It will arrive in your CoinJar account. From there you can move it into another wallet.

#### What risks should I be aware of?

DAI is backed by collateral who can themselves be volatile, such as Ethereum (ETH). If the value of the collateral drops significantly, it could trigger automatic liquidation of the collateral and cause the value of DAI to fluctuate.

It uses algorithmic smart contracts to maintain price stability and to ensure that the tokens are always kept fully collateralised. Users should be aware that other tokens which have used algorithmic smart contracts to maintain their value, such as Terra (LUNA) have failed, leading to total loss of value.


Buy Aave: Why do investors buy Aave? On Planet [Crypto](https://www.coinjar.com/global/learn/what-is-crypto), Aave is an interesting decentralised lending platform that is worth investigating. So here’s the skinny on what you can do on the protocol.

## What Is Aave?

[Aave](https://aave.com/) emerged from the brain of Stani Kulechov, who founded a venture called ETHLend in 2017. 

Inspired by Ethereum’s capabilities, Kulechov aimed to create a peer-to-peer lending and borrowing platform. 

In January 2020, he rebranded ETHLend as Aave and launched it on the Ethereum mainnet. Since then, Aave has expanded to other blockchain networks, including Avalanche, Fantom, Harmony, Arbitrum, Polygon, and Optimism.

## What you can do on the platform

### Decentralised lending

The platform allows users to lend and borrow digital assets without intermediaries like banks. It’s a trustless system where smart contracts handle transactions transparently.

### Liquidity pools

Users deposit into liquidity pools. These pools serve as the source of funds for borrowers. Lenders earn interest by contributing to these pools.

### Flash loans

Flash loans are a unique type of loan available on the platform. 

Flash loans are lightning-fast loans that don’t require any collateral. Unlike traditional loans, where you need to put up assets as security, flash loans allow you to borrow without providing collateral upfront.

The catch is that you must repay the entire loan amount within the same transaction. If you fail to do so, the entire transaction is reversed, and the loan is canceled. This tight timeframe ensures that flash loans are used for specific purposes and don’t linger indefinitely.

Flash loans are popular among traders and arbitrageurs. They can borrow funds instantly, execute profitable trades across different platforms, and then repay the loan — all within a single transaction. For example, if there’s a price discrepancy between two exchanges, a trader can exploit it using a flash loan.

By eliminating the need for collateral, flash loans free up capital that would otherwise be tied up. Traders can leverage this efficiency to maximise their profits.

## The native token (AAVE)

AAVE is the native governance token. Holders can participate in decision-making and propose changes to the protocol.

## How Aave works

### Deposits and borrowing

Users deposit their crypto assets (e.g., ETH, stablecoins) into the liquidity pools. Borrowers can then take out loans by collateralizing their assets. The interest rates vary based on supply and demand.

### Interest rates

The dynamic interest rates adjust in real-time. Users can choose between stable or variable rates. Stable rates provide predictability, while variable rates respond to market conditions.

### Collateralisation

Borrowers must over-collateralise their loans. If the value of their collateral drops, they risk liquidation.

### Governance 

AAVE holders participate in governance proposals, voting on protocol changes, and deciding the platform’s future.

## What Aave is aiming to do

### Financial inclusion

The platform aims to democratise access to financial services. Anyone with an internet connection can participate, regardless of their location or background.

### Earn interest
Lenders earn interest by providing liquidity. It’s a way to passively grow your crypto holdings.

### Flash loans

Aave’s flash loans are used mainly by developers and traders, enabling complex strategies and efficient capital utilisation.

### DeFi innovation

Aave’s success has inspired other DeFi projects, contributing to the broader ecosystem’s growth.

## Conclusion

Aave is more than just a lending platform; it’s a catalyst for financial innovation. Exploring the platform can deepen your understanding of blockchain, DeFi, and the future of finance. 

#How to buy Aave (AAVE) on CoinJar

Download the CoinJar App: Get the CoinJar app on iOS or Android.

Create an Account: Sign up and verify your ID. The process takes just a couple of minutes.

Make a Purchase: Buy AAVE or any of the other 50 cryptocurrencies available using cash or credit card.



Currency=AAVE.svg

Buy Aave: Why do investors buy Aave? On Planet [Crypto](https://www.coinjar.com/learn/what-is-crypto), Aave is an interesting decentralised lending platform that is worth investigating. So here’s the skinny on what you can do on the protocol.

## What Is Aave?

[Aave](https://aave.com/) emerged from the brain of Stani Kulechov, who founded a venture called ETHLend in 2017. 

Inspired by Ethereum’s capabilities, Kulechov aimed to create a peer-to-peer lending and borrowing platform. 

In January 2020, he rebranded ETHLend as Aave and launched it on the Ethereum mainnet. Since then, Aave has expanded to other blockchain networks, including Avalanche, Fantom, Harmony, Arbitrum, Polygon, and Optimism.

## What you can do on the platform

### Decentralised lending

The platform allows users to lend and borrow digital assets without intermediaries like banks. It’s a trustless system where smart contracts handle transactions transparently.

### Liquidity pools

Users deposit into liquidity pools. These pools serve as the source of funds for borrowers. Lenders earn interest by contributing to these pools.

### Flash loans

Flash loans are a unique type of loan available on the platform. 

Flash loans are lightning-fast loans that don’t require any collateral. Unlike traditional loans, where you need to put up assets as security, flash loans allow you to borrow without providing collateral upfront.

The catch is that you must repay the entire loan amount within the same transaction. If you fail to do so, the entire transaction is reversed, and the loan is canceled. This tight timeframe ensures that flash loans are used for specific purposes and don’t linger indefinitely.

Flash loans are popular among traders and arbitrageurs. They can borrow funds instantly, execute profitable trades across different platforms, and then repay the loan — all within a single transaction. For example, if there’s a price discrepancy between two exchanges, a trader can exploit it using a flash loan.

By eliminating the need for collateral, flash loans free up capital that would otherwise be tied up. Traders can leverage this efficiency to maximise their profits.

## The native token (AAVE)

AAVE is the native governance token. Holders can participate in decision-making and propose changes to the protocol.

## How Aave works

### Deposits and borrowing

Users deposit their crypto assets (e.g., ETH, stablecoins) into the liquidity pools. Borrowers can then take out loans by collateralizing their assets. The interest rates vary based on supply and demand.

### Interest rates

The dynamic interest rates adjust in real-time. Users can choose between stable or variable rates. Stable rates provide predictability, while variable rates respond to market conditions.

### Collateralisation

Borrowers must over-collateralise their loans. If the value of their collateral drops, they risk liquidation.

### Governance 

AAVE holders participate in governance proposals, voting on protocol changes, and deciding the platform’s future.

## What Aave is aiming to do

### Financial inclusion

The platform aims to democratise access to financial services. Anyone with an internet connection can participate, regardless of their location or background.

### Earn interest
Lenders earn interest by providing liquidity. It’s a way to passively grow your crypto holdings.

### Flash loans

Aave’s flash loans are used mainly by developers and traders, enabling complex strategies and efficient capital utilisation.

### DeFi innovation

Aave’s success has inspired other DeFi projects, contributing to the broader ecosystem’s growth.

## Conclusion

Aave is more than just a lending platform; it’s a catalyst for financial innovation. Exploring the platform can deepen your understanding of blockchain, DeFi, and the future of finance. 

#How to buy Aave (AAVE) on CoinJar

Download the CoinJar App: Get the CoinJar app on iOS or Android.

Create an Account: Sign up and verify your ID. The process takes just a couple of minutes.

Make a Purchase: Buy AAVE or any of the other 50 cryptocurrencies available using cash or credit card.



Aave

Why do investors buy Aave? On [Planet Crypto](https://www.coinjar.com/uk/learn/what-is-crypto), Aave is an interesting decentralised lending platform that is worth investigating. So here’s the skinny on what you can do on the protocol.

## What Is Aave?

[Aave](https://aave.com/) emerged from the brain of Stani Kulechov, who founded a venture called ETHLend in 2017. 

Inspired by Ethereum’s capabilities, Kulechov aimed to create a peer-to-peer lending and borrowing platform. 

In January 2020, he rebranded ETHLend as Aave and launched it on the Ethereum mainnet. Since then, Aave has expanded to other blockchain networks, including Avalanche, Fantom, Harmony, Arbitrum, Polygon, and Optimism.

## What you can do on the platform

### Decentralised lending

The platform allows users to lend and borrow digital assets without intermediaries like banks. It’s a trustless system where smart contracts handle transactions transparently.

### Liquidity pools

Users deposit into liquidity pools. These pools serve as the source of funds for borrowers. Lenders earn interest by contributing to these pools.*

### Flash loans

Flash loans are a unique type of loan available on the platform. 

Flash loans are lightning-efficient loans that don’t require any collateral. Unlike traditional loans, where you need to put up assets as collateral, flash loans allow you to borrow without providing collateral upfront.

The catch is that you must repay the entire loan amount within the same transaction. If you fail to do so, the entire transaction is reversed, and the loan is canceled. This tight timeframe ensures that flash loans are used for specific purposes and don’t linger indefinitely.

Flash loans are popular among traders and arbitrageurs. They can borrow funds instantly, execute trades (with possible investor returns) across different platforms, and then repay the loan — all within a single transaction. For example, if there’s a price discrepancy between two exchanges, a trader can exploit it using a flash loan.

By eliminating the need for collateral, flash loans free up capital that would otherwise be tied up. Traders can leverage this efficiency to possibly maximise their investment returns.

## The native token (AAVE)

AAVE is the native governance token. Holders can participate in decision-making and propose changes to the protocol.

## How Aave works

### Deposits and borrowing

Users deposit their crypto assets (e.g., ETH, stablecoins) into the liquidity pools. Borrowers can then take out loans by collateralising their assets. The interest rates vary based on supply and demand.

### Interest rates

The dynamic interest rates adjust in real-time. Users can choose between fixed or variable rates. fixed rates provide a level of predictability, while variable rates respond to market conditions.

### Collateralisation

Borrowers must over-collateralise their loans. If the value of their collateral drops, they risk liquidation.

### Governance 

AAVE holders participate in governance proposals, voting on protocol changes, and deciding the platform’s future.

## What Aave is aiming to do

### Financial inclusion

The platform aims to democratise access to financial services. Anyone with an internet connection can participate, regardless of their location or background.

### Earn interest

Lenders earn interest by providing liquidity. It’s a way to passively grow your crypto holdings.

### Flash loans

Aave’s flash loans are used mainly by developers and traders, enabling complex strategies and efficient capital utilisation.

### DeFi innovation

Aave’s success has inspired other DeFi projects, contributing to the broader ecosystem’s growth.

## Conclusion

Aave is more than just a lending platform; it’s a catalyst for financial innovation. Exploring the platform can deepen your understanding of blockchain, DeFi, and the future of finance.

#How to buy Aave (AAVE) on CoinJar

Download the CoinJar App: Get the CoinJar app on iOS or Android.

Create an Account: Sign up and verify your ID. The process takes just a couple of minutes. UK residents are required to do an assessment and then wait 24 hours (see below).

Make a Purchase: Buy AAVE or any of the other 50 cryptocurrencies available using cash or credit card.



Buy Aave: Why do investors buy Aave? On Planet [Crypto](https://www.coinjar.com/au/learn/what-is-crypto), Aave is an interesting decentralised lending platform that is worth investigating. So here’s the skinny on what you can do on the protocol.

## What Is Aave?

[Aave](https://aave.com/) emerged from the brain of Stani Kulechov, who founded a venture called ETHLend in 2017. 

Inspired by Ethereum’s capabilities, Kulechov aimed to create a peer-to-peer lending and borrowing platform. 

In January 2020, he rebranded ETHLend as Aave and launched it on the Ethereum mainnet. Since then, Aave has expanded to other blockchain networks, including Avalanche, Fantom, Harmony, Arbitrum, Polygon, and Optimism.

## What you can do on the platform

### Decentralised lending

The platform allows users to lend and borrow digital assets without intermediaries like banks. It’s a trustless system where smart contracts handle transactions transparently.

### Liquidity pools

Users deposit into liquidity pools. These pools serve as the source of funds for borrowers. Lenders earn interest by contributing to these pools.

### Flash loans

Flash loans are a unique type of loan available on the platform. 

Flash loans are lightning-fast loans that don’t require any collateral. Unlike traditional loans, where you need to put up assets as security, flash loans allow you to borrow without providing collateral upfront.

The catch is that you must repay the entire loan amount within the same transaction. If you fail to do so, the entire transaction is reversed, and the loan is canceled. This tight timeframe ensures that flash loans are used for specific purposes and don’t linger indefinitely.

Flash loans are popular among traders and arbitrageurs. They can borrow funds instantly, execute profitable trades across different platforms, and then repay the loan — all within a single transaction. For example, if there’s a price discrepancy between two exchanges, a trader can exploit it using a flash loan.

By eliminating the need for collateral, flash loans free up capital that would otherwise be tied up. Traders can leverage this efficiency to maximise their profits.

## The native token (AAVE)

AAVE is the native governance token. Holders can participate in decision-making and propose changes to the protocol.

## How Aave works

### Deposits and borrowing

Users deposit their crypto assets (e.g., ETH, stablecoins) into the liquidity pools. Borrowers can then take out loans by collateralizing their assets. The interest rates vary based on supply and demand.

### Interest rates

The dynamic interest rates adjust in real-time. Users can choose between stable or variable rates. Stable rates provide predictability, while variable rates respond to market conditions.

### Collateralisation

Borrowers must over-collateralise their loans. If the value of their collateral drops, they risk liquidation.

### Governance 

AAVE holders participate in governance proposals, voting on protocol changes, and deciding the platform’s future.

## What Aave is aiming to do

### Financial inclusion

The platform aims to democratise access to financial services. Anyone with an internet connection can participate, regardless of their location or background.

### Earn interest
Lenders earn interest by providing liquidity. It’s a way to passively grow your crypto holdings.

### Flash loans

Aave’s flash loans are used mainly by developers and traders, enabling complex strategies and efficient capital utilisation.

### DeFi innovation

Aave’s success has inspired other DeFi projects, contributing to the broader ecosystem’s growth.

## Conclusion

Aave is more than just a lending platform; it’s a catalyst for financial innovation. Exploring the platform can deepen your understanding of blockchain, DeFi, and the future of finance. 

#How to buy Aave (AAVE) on CoinJar

Download the CoinJar App: Get the CoinJar app on iOS or Android.

Create an Account: Sign up and verify your ID. The process takes just a couple of minutes.

Make a Purchase: Buy AAVE or any of the other 50 cryptocurrencies available using cash or credit card.



Why do investors buy Compound (COMP)? Because it is [decentralized lending](https://www.coinjar.com/global/learn/what-is-defi) made simple. [Cryptocurrencies](https://www.coinjar.com/global/learn/what-is-crypto) have revolutionized the financial landscape, and decentralized finance (DeFi) platforms play a pivotal role in this transformation. 

One such platform is Compound. But what is the platform Compound? And what about its token, COMP?

## What is Compound?

Compound (COMP) is a [DeFi platform](https://www.coinjar.com/global/learn/what-is-defi) that uses blockchain. 

It is designed to give cryptocurrency users access to borrowed funds in an efficient, automated way. 

Think of it as a decentralized lending marketplace where users can interact with smart contracts to access funds or earn interest on their holdings.

## How does Compound work?

### Liquidity pools 

[Compound](https://compound.finance/) operates on the Ethereum blockchain. It creates liquidity pools for various cryptocurrencies (like ETH, DAI, USDC, etc.). 

A liquidity pool in crypto is like a digital central swimming pool where people throw in their coins. These coins help make trading faster and smoother on platforms like decentralized exchanges (DEXs).

When users want to trade one coin for another (say, swap [Bitcoin](https://www.coinjar.com/global/buy/bitcoin) for [Ethereum](https://www.coinjar.com/global/buy/ethereum)), the liquidity pool helps make it happen instantly. 

If someone wants to trade Bitcoin for Ethereum, but there is no Ethereum in the pool, then the trade will have to wait until there is Ethereum in the pool, and this slows everything down. 

The more coins in the pool, the faster the trades can occur.

### Supply and borrowing

Users can supply their crypto assets to these pools, becoming lenders. In return, they earn interest on their deposits. 

And on the other side of the coin, users can borrow from these pools by putting assets down as collateral. The interest rates are dynamic and adjust based on supply and demand.

### Interest rates

Compound uses an algorithm to set interest rates. When more users borrow a specific asset, its interest rate increases. But if supply is more than demand, the interest rate decreases. This ensures efficient allocation of capital.

### Collateralization

Borrowers must maintain a collateral ratio (usually 150%) to secure their loans. If the value of their collateral falls below this threshold, their assets are liquidated to repay the loan.

### COMP token

Here’s where COMP comes into play. It’s the native token of the Compound ecosystem. Holders of COMP have governance rights, allowing them to propose and vote on protocol changes. Additionally, they receive a share of the platform’s fees.

## Why would anyone want to borrow against their crypto holdings?

Imagine you bought some Ethereum (ETH) a while ago, and now its value has increased by 20 times. Instead of selling your ETH and paying taxes on the gains, you have another option. 

You can borrow money against your ETH holdings without triggering any taxes. This borrowed money is tax-free in most places (but it’s always a good idea to get advice from your accountant).

While this loan is ongoing, if your ETH rises in value, you can still benefit from this. If you had sold your ETH instead of borrowing, you would have reduced your exposure to the underlying asset. So, borrowing against your ETH allows you to access funds while maintaining your investment position.

## House deposit scenario

Alex owns 20 ETH (worth say $60,000) and dreams of buying a house. However, he doesn’t want to sell his ETH because he believes its value will increase over time. Instead, Alex decides to use their ETH as collateral to borrow funds for the house deposit.

Using Compound, Alex follows these steps:

Deposit Collateral: Alex interacts with the Compound protocol. He deposits his 20 ETH into a liquidity pool on Compound. This ETH serves as collateral for the loan.

Borrowing Funds: Alex borrows $50,000 worth of stablecoin (e.g., DAI) from Compound. The borrowed funds are used as the house deposit. The loan is secured by Alex’s ETH collateral.

Loan Terms: Compound sets an interest rate (let’s say 6%) for the borrowed DAI. Alex agrees to repay the loan over time, making regular payments. If Alex fails to repay, their ETH collateral could be sold to pay for the balance of the loan.

Advantages: Alex avoids selling his ETH, allowing him to benefit from potential future price increases. By using Compound, Alex can access funds without going through traditional banks or revealing personal information. If the price of ETH rises, Alex’s investment pays off even more.

Risks: If the value of their ETH falls significantly, Compound may liquidate part of it to repay the loan.

In summary, Alex leverages his crypto holdings as collateral through Compound, securing a house deposit while keeping their long-term investment intact.

## What are the advantages of the Compound DeFi platform?

### Decentralization

Compound operates without intermediaries. Users interact directly with smart contracts, reducing reliance on traditional banks.

### Efficiency

The algorithmic interest rate model ensures efficient capital allocation, benefiting both lenders and borrowers.

### Incentives

COMP incentivises participation. Users earn COMP tokens for supplying assets or borrowing. This aligns interests and encourages network growth.

### Transparency

All transactions are publicly recorded on the Ethereum blockchain, ensuring transparency and auditability.

## Conclusion: What investors buy Compound (COMP)

Compound simplifies lending and borrowing, making DeFi accessible to everyone. 

Understanding Compound opens doors to a new financial horizon, creating new options for those that want to try an alternative to traditional banking. 

##How to buy COMP on CoinJar

If you’re interested in buying Compound (COMP) through CoinJar, here’s a step-by-step guide to get you started:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android. Create an account and verify your ID.

Deposit Funds: Transfer funds from your bank account using bank transfer, PayID, or Osko.

Buy Your First Crypto: Once your account is funded, you can buy Compound (COMP) along with other cryptocurrencies using cash or credit card.


Currency=COMP.svg

Why do investors buy Compound (COMP)? Because it is [decentralized lending](https://www.coinjar.com/learn/what-is-defi) made simple. [Cryptocurrencies](https://www.coinjar.com/learn/what-is-crypto) have revolutionized the financial landscape, and decentralized finance (DeFi) platforms play a pivotal role in this transformation. 

One such platform is Compound. But what is the platform Compound? And what about its token, COMP?

## What is Compound?

Compound (COMP) is a [DeFi platform](https://www.coinjar.com/learn/what-is-defi) that uses blockchain. 

It is designed to give cryptocurrency users access to borrowed funds in an efficient, automated way. 

Think of it as a decentralized lending marketplace where users can interact with smart contracts to access funds or earn interest on their holdings.

## How does Compound work?

### Liquidity pools 

[Compound](https://compound.finance/) operates on the Ethereum blockchain. It creates liquidity pools for various cryptocurrencies (like ETH, DAI, USDC, etc.). 

A liquidity pool in crypto is like a digital central swimming pool where people throw in their coins. These coins help make trading faster and smoother on platforms like decentralized exchanges (DEXs).

When users want to trade one coin for another (say, swap [Bitcoin](https://www.coinjar.com/buy/bitcoin) for [Ethereum](https://www.coinjar.com/buy/ethereum)), the liquidity pool helps make it happen instantly. 

If someone wants to trade Bitcoin for Ethereum, but there is no Ethereum in the pool, then the trade will have to wait until there is Ethereum in the pool, and this slows everything down. 

The more coins in the pool, the faster the trades can occur.

### Supply and borrowing

Users can supply their crypto assets to these pools, becoming lenders. In return, they earn interest on their deposits. 

And on the other side of the coin, users can borrow from these pools by putting assets down as collateral. The interest rates are dynamic and adjust based on supply and demand.

### Interest rates

Compound uses an algorithm to set interest rates. When more users borrow a specific asset, its interest rate increases. But if supply is more than demand, the interest rate decreases. This ensures efficient allocation of capital.

### Collateralization

Borrowers must maintain a collateral ratio (usually 150%) to secure their loans. If the value of their collateral falls below this threshold, their assets are liquidated to repay the loan.

### COMP token

Here’s where COMP comes into play. It’s the native token of the Compound ecosystem. Holders of COMP have governance rights, allowing them to propose and vote on protocol changes. Additionally, they receive a share of the platform’s fees.

## Why would anyone want to borrow against their crypto holdings?

Imagine you bought some Ethereum (ETH) a while ago, and now its value has increased by 20 times. Instead of selling your ETH and paying taxes on the gains, you have another option. 

You can borrow money against your ETH holdings without triggering any taxes. This borrowed money is tax-free in most places (but it’s always a good idea to get advice from your accountant).

While this loan is ongoing, if your ETH rises in value, you can still benefit from this. If you had sold your ETH instead of borrowing, you would have reduced your exposure to the underlying asset. So, borrowing against your ETH allows you to access funds while maintaining your investment position.

## House deposit scenario

Alex owns 20 ETH (worth say $60,000) and dreams of buying a house. However, he doesn’t want to sell his ETH because he believes its value will increase over time. Instead, Alex decides to use their ETH as collateral to borrow funds for the house deposit.

Using Compound, Alex follows these steps:

Deposit Collateral: Alex interacts with the Compound protocol. He deposits his 20 ETH into a liquidity pool on Compound. This ETH serves as collateral for the loan.

Borrowing Funds: Alex borrows $50,000 worth of stablecoin (e.g., DAI) from Compound. The borrowed funds are used as the house deposit. The loan is secured by Alex’s ETH collateral.

Loan Terms: Compound sets an interest rate (let’s say 6%) for the borrowed DAI. Alex agrees to repay the loan over time, making regular payments. If Alex fails to repay, their ETH collateral could be sold to pay for the balance of the loan.

Advantages: Alex avoids selling his ETH, allowing him to benefit from potential future price increases. By using Compound, Alex can access funds without going through traditional banks or revealing personal information. If the price of ETH rises, Alex’s investment pays off even more.

Risks: If the value of their ETH falls significantly, Compound may liquidate part of it to repay the loan.

In summary, Alex leverages his crypto holdings as collateral through Compound, securing a house deposit while keeping their long-term investment intact.

## What are the advantages of the Compound DeFi platform?

### Decentralization

Compound operates without intermediaries. Users interact directly with smart contracts, reducing reliance on traditional banks.

### Efficiency

The algorithmic interest rate model ensures efficient capital allocation, benefiting both lenders and borrowers.

### Incentives

COMP incentivises participation. Users earn COMP tokens for supplying assets or borrowing. This aligns interests and encourages network growth.

### Transparency

All transactions are publicly recorded on the Ethereum blockchain, ensuring transparency and auditability.

## Conclusion: What investors buy Compound (COMP)

Compound simplifies lending and borrowing, making DeFi accessible to everyone. 

Understanding Compound opens doors to a new financial horizon, creating new options for those that want to try an alternative to traditional banking. 

##How to buy COMP on CoinJar

If you’re interested in buying Compound (COMP) through CoinJar, here’s a step-by-step guide to get you started:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android. Create an account and verify your ID.

Deposit Funds: Transfer funds from your bank account using bank transfer, PayID, or Osko.

Buy Your First Crypto: Once your account is funded, you can buy Compound (COMP) along with other cryptocurrencies using cash or credit card.


Compound

Why do investors buy Compound (COMP)? Because it is decentralised lending made convenient. Cryptocurrencies have revolutionised the financial landscape, and decentralised finance (DeFi) platforms play a pivotal role in this transformation. One such platform is Compound. But what is the platform Compound? And what about its token, COMP?

## What is Compound?

Compound (COMP) is a [DeFi platform](https://www.coinjar.com/uk/learn/what-is-defi) that uses blockchain. 

It is designed to give cryptocurrency users access to borrowed funds in an efficient, automated way.

Think of it as a decentralised lending marketplace where users can interact with smart contracts to access funds or earn interest on their holdings.

## How does Compound work?

### Liquidity pools 

[Compound](https://compound.finance/) operates on the Ethereum blockchain. It creates liquidity pools for various cryptocurrencies (like ETH, DAI, USDC, etc.). A liquidity pool in crypto is like a digital central swimming pool where people throw in their coins. These coins help make trading efficient and smoother on platforms like decentralised exchanges (DEXs).

When users want to trade one coin for another (say, swap Bitcoin for Ethereum), the liquidity pool helps make it happen instantly. If someone wants to trade [Bitcoin](https://www.coinjar.com/uk/buy/bitcoin) for [Ethereum](https://www.coinjar.com/uk/buy/ethereum), but there is no Ethereum in the pool, then the trade will have to wait until there is Ethereum in the pool, and this slows everything down. 
The more coins in the pool, the more efficient  the trades will be.

### Supply and borrowing

Users can supply their crypto assets to these pools, becoming lenders. In return, they earn interest on their deposits. 

And on the other side of the coin, users can borrow from these pools by putting assets down as collateral. The interest rates are dynamic and adjust based on supply and demand.

### Interest rates

Compound uses an algorithm to set interest rates. When more users borrow a specific asset, its interest rate increases. But if supply is more than demand, the interest rate decreases. This ensures efficient allocation of capital.

### Collateralisation

Borrowers must maintain a collateral ratio (usually 150%) for e their loans. If the value of their collateral falls below this threshold, their assets are liquidated to repay the loan.

### COMP token

Here’s where COMP comes into play. It’s the native token of the Compound ecosystem. Holders of COMP have governance rights, allowing them to propose and vote on protocol changes. Additionally, they receive a share of the platform’s fees.

## Why would anyone want to borrow against their crypto holdings?

Imagine you bought some Ethereum (ETH) a while ago, and now its value has increased by 20 times. Instead of selling your ETH and paying taxes on the gains, you have another option. You can borrow money against your ETH holdings without triggering any taxes. This borrowed money is tax-free in most places (but it’s always a good idea to get independent tax advice).

While this loan is ongoing, if your ETH rises in value, you can still benefit from this. If you had sold your ETH instead of borrowing, you would have reduced your exposure to the underlying asset. So, borrowing against your ETH allows you to access funds while maintaining your investment position.

## House deposit scenario

Alex owns 20 ETH (worth $60,000) and dreams of buying a house. However, he doesn’t want to sell his ETH because he believes its value will increase over time. Instead, Alex decides to use their ETH as collateral to borrow funds for the house deposit.

Using Compound, Alex follows these steps:

Deposit Collateral: Alex interacts with the Compound protocol. He deposits his 20 ETH into a liquidity pool on Compound. This ETH serves as collateral for the loan.

Borrowing Funds: Alex borrows $50,000 worth of stablecoin (e.g., DAI) from Compound. The borrowed funds are used as the house deposit. The collateral used for this loan is Alex’s ETH collateral.

Loan Terms: Compound sets an interest rate (let’s say 6%) for the borrowed DAI. Alex agrees to repay the loan over time, making regular payments. If Alex fails to repay, their ETH collateral could be sold to pay for the balance of the loan.

Advantages: Alex avoids selling his ETH, allowing them to benefit from potential future price increases. By using Compound, Alex can access funds without going through traditional banks or revealing personal information. If the price of ETH rises, Alex’s investment pays off even more.

Risks: If the value of their ETH falls significantly, Compound may liquidate part of it to repay the loan.

In summary, Alex leverages his crypto holdings as collateral through Compound, enabling access to a house deposit while keeping their long-term investment intact.

## What are the advantages of the Compound DeFi platform?

### Decentralisation

Compound operates without intermediaries. Users interact directly with smart contracts, reducing reliance on traditional banks.

### Efficiency

The algorithmic interest rate model ensures efficient capital allocation, benefiting both lenders and borrowers.

### Incentives

COMP incentivises participation. Users earn COMP tokens for supplying assets or borrowing. This aligns interests and encourages network growth.

### Transparency

All transactions are publicly recorded on the Ethereum blockchain, ensuring transparency and auditability.

## Conclusion: What investors buy Compound (COMP)

Compound simplifies lending and borrowing, making DeFi accessible to everyone. Understanding Compound opens doors to a new financial horizon, creating new options for those that want to try an alternative to traditional banking.

## How to buy COMP on CoinJar

If you’re interested in buying Compound (COMP) through CoinJar, here’s a step-by-step guide to get you started:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android. Create an account and verify your ID. 

UK residents are required to take an assessment and then wait 24 hours (see below).

Deposit Funds: Transfer funds from your bank account using bank transfer, PayID, or Osko.
Buy Your First Crypto: Once your account is funded, you can buy Compound (COMP) along with other cryptocurrencies using cash or credit card.*


Why do investors buy Compound (COMP)? Because it is [decentralised lending](https://www.coinjar.com/au/learn/what-is-defi) made simple. [Cryptocurrencies](https://www.coinjar.com/au/learn/what-is-crypto) have revolutionised the financial landscape, and decentralised finance (DeFi) platforms play a pivotal role in this transformation. 

One such platform is Compound. But what is the platform Compound? And what about its token, COMP?

## What is Compound?

Compound (COMP) is a [DeFi platform](https://www.coinjar.com/au/learn/what-is-defi) that uses blockchain. 

It is designed to give cryptocurrency users access to borrowed funds in an efficient, automated way. 

Think of it as a decentralised lending marketplace where users can interact with smart contracts to access funds or earn interest on their holdings.

## How does Compound work?

### Liquidity pools 

[Compound](https://compound.finance/) operates on the Ethereum blockchain. It creates liquidity pools for various cryptocurrencies (like ETH, DAI, USDC, etc.). 

A liquidity pool in crypto is like a digital central swimming pool where people throw in their coins. These coins help make trading faster and smoother on platforms like decentralised exchanges (DEXs).

When users want to trade one coin for another (say, swap [Bitcoin](https://www.coinjar.com/au/buy/bitcoin) for [Ethereum](https://www.coinjar.com/au/buy/ethereum)), the liquidity pool helps make it happen instantly. 

If someone wants to trade Bitcoin for Ethereum, but there is no Ethereum in the pool, then the trade will have to wait until there is Ethereum in the pool, and this slows everything down. 

The more coins in the pool, the faster the trades can occur.

### Supply and borrowing

Users can supply their crypto assets to these pools, becoming lenders. In return, they earn interest on their deposits. 

And on the other side of the coin, users can borrow from these pools by putting assets down as collateral. The interest rates are dynamic and adjust based on supply and demand.

### Interest rates

Compound uses an algorithm to set interest rates. When more users borrow a specific asset, its interest rate increases. But if supply is more than demand, the interest rate decreases. This ensures efficient allocation of capital.

### Collateralisation

Borrowers must maintain a collateral ratio (usually 150%) to secure their loans. If the value of their collateral falls below this threshold, their assets are liquidated to repay the loan.

### COMP token

Here’s where COMP comes into play. It’s the native token of the Compound ecosystem. Holders of COMP have governance rights, allowing them to propose and vote on protocol changes. Additionally, they receive a share of the platform’s fees.

## Why would anyone want to borrow against their crypto holdings?

Imagine you bought some Ethereum (ETH) a while ago, and now its value has increased by 20 times. Instead of selling your ETH and paying taxes on the gains, you have another option. 

You can borrow money against your ETH holdings without triggering any taxes. This borrowed money is tax-free in most places (but it’s always a good idea to get advice from your accountant).

While this loan is ongoing, if your ETH rises in value, you can still benefit from this. If you had sold your ETH instead of borrowing, you would have reduced your exposure to the underlying asset. So, borrowing against your ETH allows you to access funds while maintaining your investment position.

## House deposit scenario

Alex owns 20 ETH (worth $60,000) and dreams of buying a house. However, he doesn’t want to sell his ETH because he believes its value will increase over time. Instead, Alex decides to use their ETH as collateral to borrow funds for the house deposit.

Using Compound, Alex follows these steps:

Deposit Collateral: Alex interacts with the Compound protocol. He deposits his 20 ETH into a liquidity pool on Compound. This ETH serves as collateral for the loan.

Borrowing Funds: Alex borrows $50,000 worth of stablecoin (e.g., DAI) from Compound. The borrowed funds are used as the house deposit. The loan is secured by Alex’s ETH collateral.

Loan Terms: Compound sets an interest rate (let’s say 6%) for the borrowed DAI. Alex agrees to repay the loan over time, making regular payments. If Alex fails to repay, their ETH collateral could be sold to pay for the balance of the loan.

Advantages: Alex avoids selling his ETH, allowing them to benefit from potential future price increases. By using Compound, Alex can access funds without going through traditional banks or revealing personal information. If the price of ETH rises, Alex’s investment pays off even more.

Risks: If the value of their ETH falls significantly, Compound may liquidate part of it to repay the loan.

In summary, Alex leverages his crypto holdings as collateral through Compound, securing a house deposit while keeping their long-term investment intact.

## What are the advantages of the Compound DeFi platform?

### Decentralisation

Compound operates without intermediaries. Users interact directly with smart contracts, reducing reliance on traditional banks.

### Efficiency

The algorithmic interest rate model ensures efficient capital allocation, benefiting both lenders and borrowers.

### Incentives

COMP incentivises participation. Users earn COMP tokens for supplying assets or borrowing. This aligns interests and encourages network growth.

### Transparency

All transactions are publicly recorded on the Ethereum blockchain, ensuring transparency and auditability.

## Conclusion: What investors buy Compound (COMP)

Compound simplifies lending and borrowing, making DeFi accessible to everyone. 

Understanding Compound opens doors to a new financial horizon, creating new options for those that want to try an alternative to traditional banking. 

##How to buy COMP on CoinJar

If you’re interested in buying Compound (COMP) through CoinJar, here’s a step-by-step guide to get you started:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android. Create an account and verify your ID.

Deposit Funds: Transfer funds from your bank account using bank transfer, PayID, or Osko.

Buy Your First Crypto: Once your account is funded, you can buy Compound (COMP) along with other cryptocurrencies using cash or credit card.


Buy 0x Token: An interesting project in the [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) space is the 0x (ZRX) token. But what exactly is it, and how does it work? Let’s break it down in simple terms.

## What Is 0x Token?

[0x](https://0x.org/) is a decentralised protocol built on the Ethereum blockchain. The 0x platform provides the building blocks for making exchanges. It gives developers the tools to create their own trading platforms. 

0x gathers liquidity (digital assets to trade) from lots of different places. This helps people get better prices when they trade.

All of this enables users to do peer-to-peer (P2P) trading of digital assets, including tokens and cryptocurrencies. Think of it as a bridge that connects buyers and sellers directly.

ZRX tokens play a crucial role in providing liquidity for decentralised exchanges (DEXs).
Liquidity providers use ZRX to facilitate trading by adding funds to the order books.
This ensures that buyers and sellers can easily find each other and execute trades.

## How Does 0x Work?

In simple terms, 0x helps people trade digital assets without relying on big exchanges.

### Liquidity aggregation

0x aggregates liquidity from over 100 other exchanges, including [Uniswap](https://www.coinjar.com/global/buy/uniswap) and [Curve](https://www.coinjar.com/global/buy/curve-dao). 

This aggregation ensures that users can swap assets at the best possible price, minimising slippage (price impact) during trades.

### ZRX uses

The ZRX token serves two main purposes within the 0x protocol. First, there's governance. ZRX holders participate in protocol upgrades and decisions. And then there's rewards. Participants (such as relayers) earn ZRX tokens for their contributions.

### Decentralisation

Unlike traditional exchanges, 0x operates without a central authority. It allows users to trade directly from their wallets, maintaining control over their funds.

### Smart contracts

0x uses smart contracts to automate trades. These contracts execute predefined rules when specific conditions are met. For example, if Joanne wants to sell her ZRX tokens at a certain price, the smart contract ensures a seamless transaction with Mike, who wants to buy ZRX.

### Off-chain order books

Instead of storing all trade orders on the blockchain (which can be slow and expensive), 0x uses off-chain order books. These order books keep track of buy and sell orders, making trading more efficient.

### Relayers

Relayers are platforms that host order books and match buyers with sellers. They earn fees for facilitating trades. Users can choose from various relayers based on their preferences.

## Why Use 0x?

### Lower fees

By eliminating intermediaries, 0x reduces transaction fees. Traders pay only gas fees for executing smart contracts.

### Increased liquidity

0x aggregates liquidity from various sources, making it easier to find others for trades.

### Security

Since 0x operates on Ethereum, it benefits from the security and transparency of the blockchain.


## Buy 0x Token (ZRX) on CoinJar

If you’re interested in adding 0x (ZRX) to your cryptocurrency portfolio, CoinJar makes it simple. Follow these straightforward steps to get started:

-Sign up to CoinJar. Download the CoinJar app on iOS or Android.

-Create an account and verify your ID.

-Transfer funds from your bank account using bank transfer, or credit or debit card.

-Once your funds are deposited, you can buy ZRX along with almost 50 other cryptocurrencies using cash or [credit card](https://www.coinjar.com/global/instant-buy).

CoinJar offers a user-friendly experience, and you’ll be on your way to owning some ZRX in no time.

## Conclusion: 0x Token 

0x token is a decentralised protocol that enables efficient and secure P2P trading of digital assets. Whether you’re a crypto enthusiast or just crypto curious, understanding 0x opens doors to the fascinating world of decentralised finance (DeFi).


Currency=ZRX.svg

Buy 0x Token: An interesting project in the [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) space is the 0x (ZRX) token. But what exactly is it, and how does it work? Let’s break it down in simple terms.

## What Is 0x Token?

[0x](https://0x.org/) is a decentralised protocol built on the Ethereum blockchain. The 0x platform provides the building blocks for making exchanges. It gives developers the tools to create their own trading platforms. 

0x gathers liquidity (digital assets to trade) from lots of different places. This helps people get better prices when they trade.

All of this enables users to do peer-to-peer (P2P) trading of digital assets, including tokens and cryptocurrencies. Think of it as a bridge that connects buyers and sellers directly.

ZRX tokens play a crucial role in providing liquidity for decentralised exchanges (DEXs).

Liquidity providers use ZRX to facilitate trading by adding funds to the order books.

This ensures that buyers and sellers can easily find each other and execute trades.

## How Does 0x Work?

In simple terms, 0x helps people trade digital assets without relying on big exchanges.

### Liquidity aggregation

0x aggregates liquidity from over 100 other exchanges, including [Uniswap](https://www.coinjar.com/global/buy/uniswap) and [Curve](https://www.coinjar.com/global/buy/curve-dao). 

This aggregation ensures that users can swap assets at the best possible price, minimising slippage (price impact) during trades.

### ZRX uses

The ZRX token serves two main purposes within the 0x protocol. First, there's governance. ZRX holders participate in protocol upgrades and decisions. And then there's rewards. Participants (such as relayers) earn ZRX tokens for their contributions.

### Decentralisation

Unlike traditional exchanges, 0x operates without a central authority. It allows users to trade directly from their wallets, maintaining control over their funds.

### Smart contracts

0x uses smart contracts to automate trades. These contracts execute predefined rules when specific conditions are met. For example, if Joanne wants to sell her ZRX tokens at a certain price, the smart contract ensures a seamless transaction with Mike, who wants to buy ZRX.

### Off-chain order books

Instead of storing all trade orders on the blockchain (which can be slow and expensive), 0x uses off-chain order books. These order books keep track of buy and sell orders, making trading more efficient.

### Relayers

Relayers are platforms that host order books and match buyers with sellers. They earn fees for facilitating trades. Users can choose from various relayers based on their preferences.

## Why Use 0x?

### Lower fees

By eliminating intermediaries, 0x reduces transaction fees. Traders pay only gas fees for executing smart contracts.

### Increased liquidity

0x aggregates liquidity from various sources, making it easier to find others for trades.

### Security

Since 0x operates on Ethereum, it benefits from the security and transparency of the blockchain.

## Buy 0x Token (ZRX) on CoinJar

If you’re interested in adding 0x (ZRX) to your cryptocurrency portfolio, CoinJar makes it simple. Follow these straightforward steps to get started:

-Sign up to CoinJar. Download the CoinJar app on iOS or Android.

-Create an account and verify your ID.

-Transfer funds from your bank account using bank transfer, or credit or debit card.

-Once your funds are deposited, you can buy ZRX along with almost 50 other cryptocurrencies using cash or [credit card](https://www.coinjar.com/global/instant-buy).

## Conclusion: 0x Token 

0x token is a decentralised protocol that enables efficient and secure P2P trading of digital assets. Whether you’re a crypto enthusiast or just crypto curious, understanding 0x opens doors to the fascinating world of decentralised finance (DeFi).

0x Token

Why investors buy 0x Token: An interesting project in the [crypto](https://www.coinjar.com/au/learn/what-is-crypto) space is the [0x (ZRX) token](https://0x.org/). But what exactly is it, and how does it work? Let’s break it down into user-friendly terms.

## What Is 0x Token?

0x is a decentralised protocol built on the Ethereum blockchain. The 0x platform provides the building blocks for making exchanges. It gives developers the tools to create their own trading platforms. 

0x gathers liquidity (digital assets to trade) from lots of different places. This helps people get better prices when they trade.

All of this enables users to do peer-to-peer (P2P) trading of digital assets, including tokens and cryptocurrencies. Think of it as a bridge that connects buyers and sellers directly.

ZRX tokens play a crucial role in providing liquidity for decentralised exchanges (DEXs).

Liquidity providers use ZRX to facilitate trading by adding funds to the order books.

This ensures that buyers and sellers can easily find each other and execute trades.

## How Does 0x Work?

In user-friendly terms, 0x helps people trade digital assets without relying on big exchanges.

### Liquidity aggregation

0x aggregates liquidity from over 100 other exchanges, including [Uniswap](https://www.coinjar.com/au/buy/uniswap) and [Curve](https://www.coinjar.com/au/buy/curve-dao). 

This aggregation ensures that users can swap assets at the most competitive price, minimising slippage (price impact) during trades.

### ZRX uses

The ZRX token serves two main purposes within the 0x protocol. First, there's governance. ZRX holders participate in protocol upgrades and decisions. And then there's rewards. Participants (such as relayers) earn ZRX tokens for their contributions.

### Decentralisation

Unlike traditional exchanges, 0x operates without a central authority. It allows users to trade directly from their wallets, maintaining control over their funds.

### Smart contracts

0x uses smart contracts to automate trades. These contracts execute predefined rules when specific conditions are met. For example, if Joanne wants to sell her ZRX tokens at a certain price, the smart contract ensures a seamless transaction with Mike, who wants to buy ZRX.

### Off-chain order books

Instead of storing all trade orders on the blockchain (which can be slow and expensive), 0x uses off-chain order books. These order books keep track of buy and sell orders, making trading more efficient.

### Relayers

Relayers are platforms that host order books and match buyers with sellers. They earn fees for facilitating trades. Users can choose from various relayers based on their preferences.

## Why Use 0x?

### Competitive fees

By eliminating intermediaries, 0x reduces transaction fees. Traders only pay gas fees for executing smart contracts.

### Increased liquidity

0x aggregates liquidity from various sources, making it easier to find others for trades.

### Security

Since 0x operates on Ethereum, it benefits from the protective measures  and transparency of the blockchain.

## How to buy 0x Token (ZRX) on CoinJar

If you’re interested in adding 0x (ZRX) to your cryptocurrency portfolio, CoinJar makes it convenient. Follow these steps to get started:

-Sign up to CoinJar. Download the CoinJar app on iOS or Android.

-Create an account and verify your ID. UK residents must complete an assessment and wait for 24 hours (see more details below).

-Transfer funds from your bank account using bank transfer, or credit or debit card.

-Once your funds are deposited, you can buy ZRX along with almost 50 other cryptocurrencies using cash or [credit card](https://www.coinjar.com/au/instant-buy).

CoinJar offers a user-friendly experience, and you’ll be on your way to owning some ZRX in no time.

## Conclusion: 0x Token 

0x token is a decentralised protocol that enables efficient and protected P2P trading of digital assets. Whether you’re a crypto enthusiast or just crypto curious, understanding 0x opens doors to the fascinating world of decentralised finance (DeFi).


Buy 0x Token: An interesting project in the [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) space is the 0x (ZRX) token. But what exactly is it, and how does it work? Let’s break it down in simple terms.

## What Is 0x Token?

[0x](https://0x.org/) is a decentralised protocol built on the Ethereum blockchain. The 0x platform provides the building blocks for making exchanges. It gives developers the tools to create their own trading platforms. 

0x gathers liquidity (digital assets to trade) from lots of different places. This helps people get better prices when they trade.

All of this enables users to do peer-to-peer (P2P) trading of digital assets, including tokens and cryptocurrencies. Think of it as a bridge that connects buyers and sellers directly.

ZRX tokens play a crucial role in providing liquidity for decentralised exchanges (DEXs).
Liquidity providers use ZRX to facilitate trading by adding funds to the order books.
This ensures that buyers and sellers can easily find each other and execute trades.

## How Does 0x Work?

In simple terms, 0x helps people trade digital assets without relying on big exchanges.

### Liquidity aggregation

0x aggregates liquidity from over 100 other exchanges, including [Uniswap](https://www.coinjar.com/au/buy/uniswap) and [Curve](https://www.coinjar.com/au/buy/curve-dao). 

This aggregation ensures that users can swap assets at the best possible price, minimising slippage (price impact) during trades.

### ZRX uses

The ZRX token serves two main purposes within the 0x protocol. First, there's governance. ZRX holders participate in protocol upgrades and decisions. And then there's rewards. Participants (such as relayers) earn ZRX tokens for their contributions.

### Decentralisation

Unlike traditional exchanges, 0x operates without a central authority. It allows users to trade directly from their wallets, maintaining control over their funds.

### Smart contracts

0x uses smart contracts to automate trades. These contracts execute predefined rules when specific conditions are met. For example, if Joanne wants to sell her ZRX tokens at a certain price, the smart contract ensures a seamless transaction with Mike, who wants to buy ZRX.

### Off-chain order books

Instead of storing all trade orders on the blockchain (which can be slow and expensive), 0x uses off-chain order books. These order books keep track of buy and sell orders, making trading more efficient.

### Relayers

Relayers are platforms that host order books and match buyers with sellers. They earn fees for facilitating trades. Users can choose from various relayers based on their preferences.

## Why Use 0x?

### Lower fees

By eliminating intermediaries, 0x reduces transaction fees. Traders pay only gas fees for executing smart contracts.

### Increased liquidity

0x aggregates liquidity from various sources, making it easier to find others for trades.

### Security

Since 0x operates on Ethereum, it benefits from the security and transparency of the blockchain.


## Buy 0x Token (ZRX) on CoinJar

If you’re interested in adding 0x (ZRX) to your cryptocurrency portfolio, CoinJar makes it simple. Follow these straightforward steps to get started:

-Sign up to CoinJar. Download the CoinJar app on iOS or Android.

-Create an account and verify your ID.

-Transfer funds from your bank account using bank transfer, or credit or debit card.

-Once your funds are deposited, you can buy ZRX along with almost 50 other cryptocurrencies using cash or [credit card](https://www.coinjar.com/au/instant-buy).

CoinJar offers a user-friendly experience, and you’ll be on your way to owning some ZRX in no time.

## Conclusion: 0x Token 

0x token is a decentralised protocol that enables efficient and secure P2P trading of digital assets. Whether you’re a crypto enthusiast or just crypto curious, understanding 0x opens doors to the fascinating world of decentralised finance (DeFi).


Buy Basic Attention Token (BAT): This [token](https://www.coinjar.com/global/learn/what-is-crypto) is all about making digital advertising better for everyone, and it does this by using blockchain tech. 

## What Is Basic Attention Token (BAT)

Created by Brendan Eich, the mastermind behind JavaScript and [Mozilla/Firefox](https://www.mozilla.org/en-US/firefox/new/), the main goal with [BAT](https://basicattentiontoken.org/) is to create a fairer and more transparent advertising ecosystem for advertisers, content creators, and users.

Pretty much, Basic Attention Token (BAT) is a token designed to revolutionise digital advertising. 

Here are the critical issues within the digital advertising landscape that BAT was designed to tackle. 

### Privacy 

In the current advertising ecosystem, user privacy is often compromised. Advertisers and trackers collect vast amounts of personal data without explicit consent. BAT seeks to protect user privacy by enabling anonymous monitoring of attention without compromising sensitive information.

### Intrusive advertising

Traditional online ads can be super annoying. They slow down browsing experiences and stop user engagement. BAT aims to provide an alternative by promoting non-intrusive, consent-based ads that respect users’ preferences and browsing flow.

### Inefficient ads

Advertisers aren’t necessarily having a great time either. Users are bombarded with irrelevant ads, which means that a lot of advertising budgets are wasted.

BAT aims to create a more targeted and efficient ad delivery mechanism, benefiting both viewers and advertisers.

### Fair payment

BAT aims to use a fair compensation model. Users receive BAT tokens for their attention, while publishers are rewarded based on user engagement. This equitable distribution of value is designed to offer a more balanced ecosystem, at least theoretically anyway. 

### Spending BAT

BAT is designed for use within the Brave ecosystem, however, it is starting to escape into other areas of life. For example, it can be used in games like [Splinterlands](https://www.youtube.com/watch?v=oI0KvFiszPY).

## Origins of BAT crypto

The story of BAT begins with the launch of the Brave Browser in 2016. The privacy-focused browser blocks unsolicited ads, trackers, and malware. 

Brave also rewards users with BAT for voluntarily viewing privacy-preserving ads. Brendan Eich’s commitment to user privacy and valuing attention played a central role in the conception of both Brave Browser and the BAT project.

## How does BAT work?

### User attention rewards

When users opt in to view ads, they earn BAT directly. This crypto-native browser ensures that users’ attention is compensated.

### Advertiser-publisher interaction

Advertisers pay BAT to publishers for posting ads. Users’ data is compiled and shared with verified advertisers, allowing them to create targeted campaigns.

Brave says that 70% of advertising revenue is distributed to users as compensation for their time spent viewing ads.

## Integration with the Brave browser

Since its integration into the Brave browser’s global private ad platform, BAT claims it has: 

-60 million monthly active users

-23 million daily active users

-1.8 million verified creators accepting BAT

-Creation of millions of wallets

-Thousands of ad campaigns with leading brands

-Growing utility in innovative blockchain gaming projects.

### Bridging Ethereum and Solana

BAT now spans both Ethereum and Solana blockchains, offering utility to both ecosystems.

## Impressive stats

Brave [claims](https://basicattentiontoken.org/) that BAT is the first crypto application with over one million users.

They have 4.1 million on-chain transactions, 10.62 million wallets have been created, and they have 1.7 million verified creators.

There are 67.1 million monthly active users, 25.3 million daily users, and 233,000 verified creators. 

There are nearly 1 million participants that accept BAT, including major internet and crypto companies.

## Why Own BAT?

### Privacy

Brave Browser lets users control the ads they view and how their data is used. No more intrusive ads or data commodification without consent.

### Crypto-native ecosystem

BAT aligns with the blockchain ethos of compensating end users directly, bypassing centralised entities.

### Support of content creators

Users can also support their favorite content creators by automatically sending them BAT tokens based on engagement.

## How to Buy BAT on CoinJar

-Download the CoinJar App: Get the CoinJar app on iOS or Android.

-Create an Account: Sign up and verify your ID — it only takes a few minutes.

-Make a Purchase: Buy BAT using cash or credit card. CoinJar supports Visa, Mastercard, bank transfers, PayID, and Osko.

## Basic Attention Token (BAT): Conclusion

BAT’s innovative approach to digital advertising empowers users, rewards attention, and disrupts the status quo. Whether you’re passionate about privacy, supporting content creators, or simply want to explore the crypto world, BAT is something you need to dig into!



Currency=BAT.svg

Buy Basic Attention Token (BAT): This [token](https://www.coinjar.com/learn/what-is-crypto) is all about making digital advertising better for everyone, and it does this by using blockchain tech. 

## What Is Basic Attention Token (BAT)

Created by Brendan Eich, the mastermind behind JavaScript and [Mozilla/Firefox](https://www.mozilla.org/en-US/firefox/new/), the main goal with [BAT](https://basicattentiontoken.org/) is to create a fairer and more transparent advertising ecosystem for advertisers, content creators, and users.

Pretty much, Basic Attention Token (BAT) is a token designed to revolutionise digital advertising. 

Here are the critical issues within the digital advertising landscape that BAT was designed to tackle. 

### Privacy 

In the current advertising ecosystem, user privacy is often compromised. Advertisers and trackers collect vast amounts of personal data without explicit consent. BAT seeks to protect user privacy by enabling anonymous monitoring of attention without compromising sensitive information.

### Intrusive advertising

Traditional online ads can be super annoying. They slow down browsing experiences and stop user engagement. BAT aims to provide an alternative by promoting non-intrusive, consent-based ads that respect users’ preferences and browsing flow.

### Inefficient ads

Advertisers aren’t necessarily having a great time either. Users are bombarded with irrelevant ads, which means that a lot of advertising budgets are wasted.

BAT aims to create a more targeted and efficient ad delivery mechanism, benefiting both viewers and advertisers.

### Fair payment

BAT aims to use a fair compensation model. Users receive BAT tokens for their attention, while publishers are rewarded based on user engagement. This equitable distribution of value is designed to offer a more balanced ecosystem, at least theoretically anyway. 

### Spending BAT

BAT is designed for use within the Brave ecosystem, however, it is starting to escape into other areas of life. For example, it can be used in games like [Splinterlands](https://www.youtube.com/watch?v=oI0KvFiszPY).

## How does BAT work?

### User attention rewards

When users opt in to view ads, they earn BAT directly. This crypto-native browser ensures that users’ attention is compensated.

### Advertiser-publisher interaction

Advertisers pay BAT to publishers for posting ads. Users’ data is compiled and shared with verified advertisers, allowing them to create targeted campaigns.

Brave says that 70% of advertising revenue is distributed to users as compensation for their time spent viewing ads.

## Integration with the Brave browser

Since its integration into the Brave browser’s global private ad platform, BAT claims it has: 

-60 million monthly active users

-23 million daily active users

-1.8 million verified creators accepting BAT

-Creation of millions of wallets

-Thousands of ad campaigns with leading brands

-Growing utility in innovative blockchain gaming projects.

### Bridging Ethereum and Solana

BAT now spans both Ethereum and Solana blockchains, offering utility to both ecosystems.

## How to Buy BAT on CoinJar

-Get the CoinJar app on iOS or Android.

-Sign up and verify your ID — it only takes a few minutes.

-Buy BAT using cash or credit card. CoinJar supports Visa, Mastercard, bank transfers, PayID, and Osko.

## Basic Attention Token (BAT): Conclusion

BAT’s innovative approach to digital advertising empowers users, rewards attention, and disrupts the status quo. Whether you’re passionate about privacy, supporting content creators, or simply want to explore the crypto world, BAT is something you need to dig into!


Basic Attention Token

Why investors buy Basic Attention Token (BAT): This [token](https://www.coinjar.com/au/learn/what-is-crypto) is all about making digital advertising better for everyone, and it does this by using blockchain tech.

## What Is Basic Attention Token (BAT)

Created by Brendan Eich, the mastermind behind JavaScript and [Mozilla/Firefox](https://www.mozilla.org/en-US/firefox/new/), the main goal with [BAT](https://basicattentiontoken.org/) is to create a fairer and more transparent advertising ecosystem for advertisers, content creators, and users.

Pretty much, Basic Attention Token (BAT) is a token designed to revolutionise digital advertising. 

Here are the critical issues within the digital advertising landscape that BAT was designed to tackle. 

### Privacy 

In the current advertising ecosystem, user privacy is often compromised. Advertisers and trackers collect vast amounts of personal data without explicit consent. BAT seeks to protect user privacy by enabling anonymous monitoring of attention without compromising sensitive information.

### Intrusive advertising

Traditional online ads can be super annoying. They slow down browsing experiences and stop user engagement. BAT aims to provide an alternative by promoting non-intrusive, consent-based ads that respect users’ preferences and browsing flow.

### Inefficient ads

Advertisers aren’t necessarily having a great time either. Users are bombarded with irrelevant ads, which means that a lot of advertising budgets are wasted.

BAT aims to create a more targeted and efficient ad delivery mechanism, benefiting both viewers and advertisers.

### Fair payment

BAT aims to use a fair compensation model. Users receive BAT tokens for their attention, while publishers are rewarded based on user engagement. This equitable distribution of value is designed to offer a more balanced ecosystem, at least theoretically anyway. 

### Spending BAT

BAT is designed for use within the Brave ecosystem, however, it is starting to escape into other areas of life. For example, it can be used in games like [Splinterlands](https://www.youtube.com/watch?v=oI0KvFiszPY).

## Origins of BAT crypto

The story of BAT begins with the launch of the Brave Browser in 2016. The privacy-focused browser blocks unsolicited ads, trackers, and malware. 

Brave also rewards users with BAT for voluntarily viewing privacy-preserving ads. Brendan Eich’s commitment to user privacy and valuing attention played a central role in the conception of both Brave Browser and the BAT project.

## How does BAT work?

### User attention rewards

When users opt in to view ads, they earn BAT directly. This crypto-native browser ensures that users’ attention is compensated.

### Advertiser-publisher interaction

Advertisers pay BAT to publishers for posting ads. Users’ data is compiled and shared with verified advertisers, allowing them to create targeted campaigns.

Brave says that 70% of advertising revenue is distributed to users as compensation for their time spent viewing ads.

## Integration with the Brave browser

Since its integration into the Brave browser’s global private ad platform, BAT claims it has: 

-60 million monthly active users
-23 million daily active users
-1.8 million verified creators accepting BAT
-Creation of millions of wallets
-Thousands of ad campaigns with leading brands
-Growing utility in innovative blockchain gaming projects.

### Bridging Ethereum and Solana

BAT now spans both Ethereum and Solana blockchains, offering utility to both ecosystems.

## Impressive stats

Brave [claims](https://basicattentiontoken.org/) that BAT is the first crypto application with over one million users.

They have 4.1 million on-chain transactions, 10.62 million wallets have been created, and they have 1.7 million verified creators.

There are 67.1 million monthly active users, 25.3 million daily users, and 233,000 verified creators. 

There are nearly 1 million participants that accept BAT, including major internet and crypto companies.

## Why Own BAT?

### Privacy

Brave Browser lets users control the ads they view and how their data is used. No more intrusive ads or data commodification without consent.

### Crypto-native ecosystem

BAT aligns with the blockchain ethos of compensating end users directly, bypassing centralised entities.

### Support of content creators

Users can also support their favorite content creators by automatically sending them BAT tokens based on engagement.

## How to Buy BAT on CoinJar

-Download the CoinJar App: Get the CoinJar app on iOS or Android.

-Create an Account: Sign up and verify your ID — it only takes a few minutes. UK residents are required (in accordance with local legislation) to complete an appropriateness assessment to show they understand the risks associated with what crypto/investment they are about to buy and enabling CoinJar to categorize them as an investor. 

New customers are also required under local regulations to wait 24-hours as a “cooling off” period (from account creation), before their account is active (i.e. to deposit, trade, withdraw etc.).

-Make a Purchase: Buy BAT using cash or credit card. CoinJar supports Visa, Mastercard, bank transfers, PayID, and Osko.

## Basic Attention Token (BAT): Conclusion

BAT’s innovative approach to digital advertising empowers users, rewards attention, and disrupts the status quo. Whether you’re passionate about privacy, supporting content creators, or conveniently want to explore the crypto world, BAT is something you need to dig into!


Buy Basic Attention Token (BAT): This [token](https://www.coinjar.com/au/learn/what-is-crypto) is all about making digital advertising better for everyone, and it does this by using blockchain tech. 

## What Is Basic Attention Token (BAT)

Created by Brendan Eich, the mastermind behind JavaScript and [Mozilla/Firefox](https://www.mozilla.org/en-US/firefox/new/), the main goal with [BAT](https://basicattentiontoken.org/) is to create a fairer and more transparent advertising ecosystem for advertisers, content creators, and users.

Pretty much, Basic Attention Token (BAT) is a token designed to revolutionise digital advertising. 

Here are the critical issues within the digital advertising landscape that BAT was designed to tackle. 

### Privacy 

In the current advertising ecosystem, user privacy is often compromised. Advertisers and trackers collect vast amounts of personal data without explicit consent. BAT seeks to protect user privacy by enabling anonymous monitoring of attention without compromising sensitive information.

### Intrusive advertising

Traditional online ads can be super annoying. They slow down browsing experiences and stop user engagement. BAT aims to provide an alternative by promoting non-intrusive, consent-based ads that respect users’ preferences and browsing flow.

### Inefficient ads

Advertisers aren’t necessarily having a great time either. Users are bombarded with irrelevant ads, which means that a lot of advertising budgets are wasted.

BAT aims to create a more targeted and efficient ad delivery mechanism, benefiting both viewers and advertisers.

### Fair payment

BAT aims to use a fair compensation model. Users receive BAT tokens for their attention, while publishers are rewarded based on user engagement. This equitable distribution of value is designed to offer a more balanced ecosystem, at least theoretically anyway. 

### Spending BAT

BAT is designed for use within the Brave ecosystem, however, it is starting to escape into other areas of life. For example, it can be used in games like [Splinterlands](https://www.youtube.com/watch?v=oI0KvFiszPY).

## Origins of BAT crypto

The story of BAT begins with the launch of the Brave Browser in 2016. The privacy-focused browser blocks unsolicited ads, trackers, and malware. 

Brave also rewards users with BAT for voluntarily viewing privacy-preserving ads. Brendan Eich’s commitment to user privacy and valuing attention played a central role in the conception of both Brave Browser and the BAT project.

## How does BAT work?

### User attention rewards

When users opt in to view ads, they earn BAT directly. This crypto-native browser ensures that users’ attention is compensated.

### Advertiser-publisher interaction

Advertisers pay BAT to publishers for posting ads. Users’ data is compiled and shared with verified advertisers, allowing them to create targeted campaigns.

Brave says that 70% of advertising revenue is distributed to users as compensation for their time spent viewing ads.

## Integration with the Brave browser

Since its integration into the Brave browser’s global private ad platform, BAT claims it has: 

-60 million monthly active users

-23 million daily active users

-1.8 million verified creators accepting BAT

-Creation of millions of wallets

-Thousands of ad campaigns with leading brands

-Growing utility in innovative blockchain gaming projects.

### Bridging Ethereum and Solana

BAT now spans both Ethereum and Solana blockchains, offering utility to both ecosystems.

## Impressive stats

Brave [claims](https://basicattentiontoken.org/) that BAT is the first crypto application with over one million users.

They have 4.1 million on-chain transactions, 10.62 million wallets have been created, and they have 1.7 million verified creators.

There are 67.1 million monthly active users, 25.3 million daily users, and 233,000 verified creators. 

There are nearly 1 million participants that accept BAT, including major internet and crypto companies.

## Why Own BAT?

### Privacy

Brave Browser lets users control the ads they view and how their data is used. No more intrusive ads or data commodification without consent.

### Crypto-native ecosystem

BAT aligns with the blockchain ethos of compensating end users directly, bypassing centralised entities.

### Support of content creators

Users can also support their favorite content creators by automatically sending them BAT tokens based on engagement.

## How to Buy BAT on CoinJar

-Download the CoinJar App: Get the CoinJar app on iOS or Android.

-Create an Account: Sign up and verify your ID — it only takes a few minutes.

-Make a Purchase: Buy BAT using cash or credit card. CoinJar supports Visa, Mastercard, bank transfers, PayID, and Osko.

## Basic Attention Token (BAT): Conclusion

BAT’s innovative approach to digital advertising empowers users, rewards attention, and disrupts the status quo. Whether you’re passionate about privacy, supporting content creators, or simply want to explore the crypto world, BAT is something you need to dig into!



Buy OMG Network: Here’s the backstory of why people buy OMG crypto. With a name like OMG, this [crypto](https://www.coinjar.com/global/learn/what-is-crypto) would seem like a memecoin. However, it isn’t. OMG isn’t a short version of “Oh my God!” But it is a shortened version of Omisego, its former name. 

OMG aims to revolutionise how we transact and interact with digital assets. So let’s talk about OMG, and the OMG network.

## What is OMG crypto?

OMG, formerly known as OmiseGo, is more than just a cryptocurrency. It serves as the native token of the OMG Network, a non-custodial, layer-2 scaling solution built on the Ethereum blockchain. Here’s what it is used for.

### Layer-2 Scaling Solution

[The OMG Network](https://coinmarketcap.com/currencies/omg/) addresses one of Ethereum’s major pain points — scalability. By using a Plasma sidechain, it enables faster and more cost-effective transactions for both ETH and ERC20 tokens compared to the Ethereum mainnet.

### Decentralised and trustless

Unlike traditional financial systems that rely on intermediaries, the OMG Network operates in a permissionless and trustless manner. Users can move assets directly from one blockchain to another without intermediaries like banks, making it a game-changer for cross-border transactions.

### Seamless bridge

Founded by [Jun Hasegawa](https://www.investing.com/news/cryptocurrency-news/exclusive-qa-with-jun-hasegawa-founder--ceo-of-omisego-1444183), the [OMG Network](https://docs.omg.network/) aims to create a seamless bridge between the crypto world and real-world applications. Hasegawa’s vision centres around financial inclusion and accessibility, making OMG a project with a purpose.

To expand more on this idea of financial inclusion, here is some background information as to what problems OMG Network aims to solve.
The OMG Network isn’t just about speed and cost savings. 

### The challenge

In many parts of the world, there are individuals who lack access to traditional banking services.

This could be people in rural or remote areas with limited physical bank branches. And, those without official identification or credit history. Or even just low-income households. Plus, small business owners and entrepreneurs who need to access credit in order to grow.

Traditional banks often require extensive paperwork, physical presence, and credit checks.

High fees, minimum balance requirements, and geographical limitations exclude many from participating in the formal financial system.
Lack of access to loans, savings accounts, and secure payment methods hinders economic growth and financial stability.

### OMG Network’s approach

By expanding its network and integrating with electronic wallets, the founders of OMG Network [aim](https://www.coinbureau.com/review/omg-network/) to provide inclusive financial services. (While this isn’t the main thrust of the network, this is what media tends to emphasise.)

OMG Network can enable digital identity solutions, allowing individuals without official documents to participate. This is through decentralised identifiers (DIDs) and verifiable credentials, people can prove their identity securely.

The network facilitates low-cost transactions, reducing fees associated with traditional banking.

Users can send and receive money across borders without intermediaries.OMG Network could support microfinance initiatives. Small loans for entrepreneurs, farmers, or artisans can spur economic activity.

This is what the OMG Network is aiming for. 

### Proof of Stake (PoS) consensus

The network employs a PoS consensus mechanism, allowing users to stake their OMG tokens and participate in securing the network. This energy-efficient approach aligns with the broader trend toward sustainability in blockchain technology.

### Child chains and scaling

OMG’s architecture includes child chains, which can process transactions independently. These child chains are connected to the Ethereum mainnet, enhancing scalability while maintaining security.

### Market cap and circulating supply

With a [circulating supply](https://www.coingecko.com/en/coins/omg-network) of 140 million OMG tokens, the network’s market cap stands at approximately $89 million (as at 17 April 2024). 

### OMG crypto price

As of the time of writing (April 17, 2024) the [live price](https://coinmarketcap.com/currencies/omg/) of OMG hovers around US$0.64. 

You can check the real-time price at the top of this page 24/7.

## Conclusion: Why investors buy OMG cryptocurrency

In a world where speed, security, and accessibility matter, the OMG Network aims to provide all three. OMG wants to redefine how we transact in the digital age.


Currency=OMG.svg

Buy OMG Network: Here’s the backstory of why people buy OMG crypto. With a name like OMG, this [crypto](https://www.coinjar.com/learn/what-is-crypto) would seem like a memecoin. However, it isn’t. OMG isn’t a short version of “Oh my God!” But it is a shortened version of Omisego, its former name. 

OMG aims to revolutionise how we transact and interact with digital assets. 

## What is OMG crypto?

OMG, formerly known as OmiseGo, is more than just a cryptocurrency. It serves as the native token of the network, a non-custodial, layer-2 scaling solution built on the Ethereum blockchain. Here’s what it is used for.

### Layer-2 Scaling Solution

[The OMG Network](https://coinmarketcap.com/currencies/omg/) addresses one of Ethereum’s major pain points — scalability. By using a Plasma sidechain, it enables faster and more cost-effective transactions for both ETH and ERC20 tokens compared to the Ethereum mainnet.

### Decentralised and trustless

Unlike traditional financial systems that rely on intermediaries, the Network operates in a permissionless and trustless manner. Users can move assets directly from one blockchain to another without intermediaries like banks, making it a game-changer for cross-border transactions.

### Seamless bridge

Founded by [Jun Hasegawa](https://www.investing.com/news/cryptocurrency-news/exclusive-qa-with-jun-hasegawa-founder--ceo-of-omisego-1444183), the [OMG Network](https://docs.omg.network/) aims to create a seamless bridge between the crypto world and real-world applications. 

Hasegawa’s vision centres around financial inclusion and accessibility, making this a project with a purpose.

To expand more on this idea of financial inclusion, here is some background information as to what problems the network aims to solve.

The network isn’t just about speed and cost savings. 

### The challenge

In many parts of the world, there are individuals who lack access to traditional banking services.

This could be people in rural or remote areas with limited physical bank branches. And, those without official identification or credit history. 

Or even just low-income households. Plus, small business owners and entrepreneurs who need to access credit in order to grow.

Traditional banks often require extensive paperwork, physical presence, and credit checks.

High fees, minimum balance requirements, and geographical limitations exclude many from participating in the formal financial system.

Lack of access to loans, savings accounts, and secure payment methods hinders economic growth and financial stability.

### OMG Network’s approach

By expanding its network and integrating with electronic wallets, the founders of the network [aim](https://www.coinbureau.com/review/omg-network/) to provide inclusive financial services. (While this isn’t the main thrust of the network, this is what media tends to emphasise.)

The network can enable digital identity solutions, allowing individuals without official documents to participate. This is through decentralised identifiers (DIDs) and verifiable credentials, people can prove their identity securely.

The network facilitates low-cost transactions, reducing fees associated with traditional banking.

Users can send and receive money across borders without intermediaries.The network could support microfinance initiatives. Small loans for entrepreneurs, farmers, or artisans can spur economic activity.

This is what the network is aiming for. 

### Proof of Stake (PoS) consensus

The network employs a PoS consensus mechanism, allowing users to stake their OMG tokens and participate in securing the network. This energy-efficient approach aligns with the broader trend toward sustainability in blockchain technology.

### Child chains and scaling

The network's architecture includes child chains, which can process transactions independently. These child chains are connected to the Ethereum network (Ethereum mainnet), enhancing scalability while maintaining security.

### Market cap and circulating supply

With a [circulating supply](https://www.coingecko.com/en/coins/omg-network) of 140 million tokens, the network’s market cap stands at approximately $89 million (as at 17 April 2024). 

### OMG crypto price

As of the time of writing (April 17, 2024) the [live price](https://coinmarketcap.com/currencies/omg/) of OMG hovers around US$0.64. 

You can check the real-time price at the top of this page 24/7.

## Conclusion: Why investors buy OMG cryptocurrency

In a world where speed, security, and accessibility matter, the OMG Network aims to provide all three. OMG wants to redefine how we transact in the digital age.



OMG Network

Why investors buy OMG Network: Here’s the backstory of why people buy OMG crypto. With a name like OMG, this [crypto](https://www.coinjar.com/uk/learn/what-is-crypto) would seem like a memecoin. However, it isn’t. OMG isn’t a short version of “Oh my God!” But it is a shortened version of Omisego, its former name. 

[OMG](https://docs.omg.network/#what-is-the-omg-network) aims to revolutionise how we transact and interact with digital assets. So let’s talk about OMG, and the OMG network.

## What is OMG crypto?

OMG, formerly known as OmiseGo, is more than just a cryptocurrency. It serves as the native token of the OMG Network, a non-custodial, layer-2 scaling solution built on the Ethereum blockchain. Here’s what it is used for.

### Layer-2 Scaling Solution

[The OMG Network](https://coinmarketcap.com/currencies/omg/) addresses one of Ethereum’s major pain points — scalability. By using a Plasma sidechain, it enables efficient and more cost-effective transactions for both ETH and ERC20 tokens compared to the Ethereum mainnet.

### Decentralised and trustless

Unlike traditional financial systems that rely on intermediaries, the OMG Network operates in a permissionless and trustless manner. Users can move assets directly from one blockchain to another without intermediaries like banks, making it a game-changer for cross-border transactions.

### Seamless bridge

Founded by [Jun Hasegawa](https://www.investing.com/news/cryptocurrency-news/exclusive-qa-with-jun-hasegawa-founder--ceo-of-omisego-1444183), the OMG Network aims to create a seamless bridge between the crypto world and real-world applications. 

Hasegawa’s vision centres around financial inclusion and accessibility, making OMG a project with a purpose.

To expand more on this idea of financial inclusion, here is some background information as to what problems [OMG Network](https://docs.omg.network/) aims to solve.

The OMG Network isn’t just about speed and cost savings. 

### The challenge

In many parts of the world, there are individuals who lack access to traditional banking services.

This could be people in rural or remote areas with limited physical bank branches. And, those without official identification or credit history. Or even just low-income households. Plus, small business owners and entrepreneurs who need to access credit in order to grow.

Traditional banks often require extensive paperwork, physical presence, and credit checks.
Uncompetitive fees, minimum balance requirements, and geographical limitations exclude many from participating in the formal financial system.

Lack of access to loans, savings accounts, and protected payment methods hinders economic growth and financial stability.

### OMG Network’s approach

By expanding its network and integrating with electronic wallets, the founders of OMG Network aim to provide [inclusive financial services](https://www.coinbureau.com/review/omg-network/). 

(While this isn’t the main thrust of the network, this is what media tends to emphasise.)

OMG Network can enable digital identity solutions, allowing individuals without official documents to participate. This is through decentralised identifiers (DIDs) and verifiable credentials, people can prove their identity in a protective manner.

The network facilitates competitive-cost transactions, reducing fees associated with traditional banking.

Users can send and receive money across borders without intermediaries.OMG Network could support microfinance initiatives. Small loans for entrepreneurs, farmers, or artisans can spur economic activity.

This is what the OMG Network is aiming for. 

### Proof of Stake (PoS) consensus

The network employs a PoS consensus mechanism, allowing users to stake their OMG tokens and participate in protecting the network. This energy-efficient approach aligns with the broader trend toward sustainability in blockchain technology.

### Child chains and scaling

OMG’s architecture includes child chains, which can process transactions independently. These child chains are connected to the Ethereum mainnet, enhancing scalability while maintaining protected measures.

### Market cap and circulating supply

With a circulating supply of [140 million](https://www.coingecko.com/en/coins/omg-network) OMG tokens, the network’s market cap stands at approximately $89 million (as at 17 April 2024).

### OMG crypto price

As of the time of writing (April 17, 2024) the live price of OMG hovers around US$0.64. 
You can check the real-time price at the top of this page 24/7.

## Conclusion: Why investors buy OMG cryptocurrency

In a world where speed, protection, and accessibility matter, the OMG Network aims to provide all three. OMG wants to redefine how we transact in the digital age.


Buy OMG Network: Here’s the backstory of why people buy OMG crypto. With a name like OMG, this [crypto](https://www.coinjar.com/au/learn/what-is-crypto) would seem like a memecoin. However, it isn’t. OMG isn’t a short version of “Oh my God!” But it is a shortened version of Omisego, its former name. 

OMG aims to revolutionise how we transact and interact with digital assets. So let’s talk about OMG, and the OMG network.

## What is OMG crypto?

OMG, formerly known as OmiseGo, is more than just a cryptocurrency. It serves as the native token of the OMG Network, a non-custodial, layer-2 scaling solution built on the Ethereum blockchain. Here’s what it is used for.

### Layer-2 Scaling Solution

[The OMG Network](https://coinmarketcap.com/currencies/omg/) addresses one of Ethereum’s major pain points — scalability. By using a Plasma sidechain, it enables faster and more cost-effective transactions for both ETH and ERC20 tokens compared to the Ethereum mainnet.

### Decentralised and trustless

Unlike traditional financial systems that rely on intermediaries, the OMG Network operates in a permissionless and trustless manner. Users can move assets directly from one blockchain to another without intermediaries like banks, making it a game-changer for cross-border transactions.

### Seamless bridge

Founded by [Jun Hasegawa](https://www.investing.com/news/cryptocurrency-news/exclusive-qa-with-jun-hasegawa-founder--ceo-of-omisego-1444183), the [OMG Network](https://docs.omg.network/) aims to create a seamless bridge between the crypto world and real-world applications. Hasegawa’s vision centres around financial inclusion and accessibility, making OMG a project with a purpose.

To expand more on this idea of financial inclusion, here is some background information as to what problems OMG Network aims to solve.
The OMG Network isn’t just about speed and cost savings. 

### The challenge

In many parts of the world, there are individuals who lack access to traditional banking services.

This could be people in rural or remote areas with limited physical bank branches. And, those without official identification or credit history. Or even just low-income households. Plus, small business owners and entrepreneurs who need to access credit in order to grow.

Traditional banks often require extensive paperwork, physical presence, and credit checks.

High fees, minimum balance requirements, and geographical limitations exclude many from participating in the formal financial system.
Lack of access to loans, savings accounts, and secure payment methods hinders economic growth and financial stability.

### OMG Network’s approach

By expanding its network and integrating with electronic wallets, the founders of OMG Network [aim](https://www.coinbureau.com/review/omg-network/) to provide inclusive financial services. (While this isn’t the main thrust of the network, this is what media tends to emphasise.)

OMG Network can enable digital identity solutions, allowing individuals without official documents to participate. This is through decentralised identifiers (DIDs) and verifiable credentials, people can prove their identity securely.

The network facilitates low-cost transactions, reducing fees associated with traditional banking.

Users can send and receive money across borders without intermediaries.OMG Network could support microfinance initiatives. Small loans for entrepreneurs, farmers, or artisans can spur economic activity.

This is what the OMG Network is aiming for. 

### Proof of Stake (PoS) consensus

The network employs a PoS consensus mechanism, allowing users to stake their OMG tokens and participate in securing the network. This energy-efficient approach aligns with the broader trend toward sustainability in blockchain technology.

### Child chains and scaling

OMG’s architecture includes child chains, which can process transactions independently. These child chains are connected to the Ethereum mainnet, enhancing scalability while maintaining security.

### Market cap and circulating supply

With a [circulating supply](https://www.coingecko.com/en/coins/omg-network) of 140 million OMG tokens, the network’s market cap stands at approximately $89 million (as at 17 April 2024). 

### OMG crypto price

As of the time of writing (April 17, 2024) the [live price](https://coinmarketcap.com/currencies/omg/) of OMG hovers around US$0.64. 

You can check the real-time price at the top of this page 24/7.

## Conclusion: Why investors buy OMG cryptocurrency

In a world where speed, security, and accessibility matter, the OMG Network aims to provide all three. OMG wants to redefine how we transact in the digital age.


Buy Maker (MKR): Why invest in Maker? As the [crypto market](https://www.coinjar.com/global/learn/what-is-crypto) [continues to grow](https://www.grandviewresearch.com/industry-analysis/cryptocurrency-market-report), investors are seeking opportunities beyond the usual suspects. Enter Maker (MKR), a decentralized finance (DeFi) gem that is worth looking into. 

## Why MKR?

### Stability and governance

Maker is the backbone of the [Dai stablecoin](https://www.coinjar.com/global/buy/maker-dai), which is soft-pegged to the US dollar. It stays at around $1 using smart contracts. As a MKR holder, you can participate in the governance of the MakerDAO ecosystem.

When Dai deviates from the US$1 value, MKR holders can vote on adjustments to stability fees or other mechanisms to bring it back in line.

## Collateralised Debt Positions (CDPs)

MKR plays a crucial role in managing CDPs. These allow users to lock up collateral (usually Ethereum) and mint Dai. MKR holders vote on critical decisions related to CDP management.

## Profit potential

MKR’s scarcity and utility make it attractive to some investors. As the [DeFi space grows](https://www.statista.com/outlook/fmo/digital-assets/defi/worldwide), demand for Maker’s services increases, potentially driving up MKR’s value.

### Innovation

MakerDAO [constantly improves](https://medium.com/@samoeljun/top-things-you-should-know-about-makerdao-dai-sai-cfa2f9e8e586) its ecosystem, making MKR a forward-thinking investment.

### Community

There is an active community of DeFi enthusiasts who believe in Maker’s mission. This makes it a fun crypto to be involved with. 

### Risk management

MKR acts as a buffer against system losses. In extreme scenarios where the value of collateral drops significantly, MKR is auctioned to cover the deficit and ensure the stability of the Maker system.

### Incentives for stability

MKR holders are rewarded with Dai rewards for participating in governance. This encourages active involvement and ensures alignment with the platform’s long-term success.

### Decentralized Finance (DeFi) ecosystem

By holding MKR, you could contribute to the growth and innovation of decentralized finance.

## How to Buy Maker (MKR)

### Choose a reliable cryptocurrency exchange

Before diving in, select a reputable exchange like CoinJar. CoinJar offers a user-friendly interface, robust security, and seamless transactions.

### Create an account

Sign up on CoinJar if you haven’t already. Verify your identity and set up two-factor authentication (2FA) for added security.

### Fund your account

Deposit funds into your CoinJar account. You can use fiat currency (AUD, USD, EUR, GBP, etc.) or other cryptocurrencies (like Bitcoin or Ethereum).

### Navigate to MKR

Search for MKR within CoinJar’s trading platform. You’ll find it listed alongside other top cryptocurrencies.

### Execute your purchase

Decide on the amount of MKR you want to buy. Click the “Buy” button, review the transaction details, and confirm. Voilà! You’re now a MKR holder!

## Conclusion: Buy Maker (MKR) 

As the DeFi space grows and more people understand it, Maker (MKR) becomes more interesting for its stability and innovation. 


Currency=MKR.svg

Buy Maker (MKR): Why invest in Maker? As the [crypto market](https://www.coinjar.com/learn/what-is-crypto) [continues to grow](https://www.grandviewresearch.com/industry-analysis/cryptocurrency-market-report), investors are seeking opportunities beyond the usual suspects. Enter Maker (MKR), a decentralized finance (DeFi) gem that is worth looking into. 

## Why Maker?

### Stability and governance

Maker is the backbone of the [Dai stablecoin](https://www.coinjar.com/buy/maker-dai), which is soft-pegged to the US dollar. It stays at around $1 using smart contracts. As a MKR holder, you can participate in the governance of the MakerDAO ecosystem.

When Dai deviates from the US$1 value, MKR holders can vote on adjustments to stability fees or other mechanisms to bring it back in line.

## Collateralised Debt Positions (CDPs)

MKR plays a crucial role in managing CDPs. These allow users to lock up collateral (usually Ethereum) and mint Dai. MKR holders vote on critical decisions related to CDP management.

## Profit potential

MKR’s scarcity and utility make it attractive to some investors. As the [DeFi space grows](https://www.statista.com/outlook/fmo/digital-assets/defi/worldwide), demand for Maker’s services increases, potentially driving up MKR’s value.

### Innovation

MakerDAO [constantly improves](https://medium.com/@samoeljun/top-things-you-should-know-about-makerdao-dai-sai-cfa2f9e8e586) its ecosystem, making MKR a forward-thinking investment.

### Community

There is an active community of DeFi enthusiasts who believe in Maker’s mission. This makes it a fun crypto to be involved with. 

### Risk management

MKR acts as a buffer against system losses. In extreme scenarios where the value of collateral drops significantly, MKR is auctioned to cover the deficit and ensure the stability of the Maker system.

### Incentives for stability

MKR holders are rewarded with Dai rewards for participating in governance. This encourages active involvement and ensures alignment with the platform’s long-term success.

### Decentralized Finance (DeFi) ecosystem

By holding Maker, you could contribute to the growth and innovation of decentralized finance.

## How to Buy Maker (MKR)

### Choose a reliable cryptocurrency exchange

Before diving in, select a reputable exchange like CoinJar. CoinJar offers a user-friendly interface, robust security, and seamless transactions.

### Create an account

Sign up on CoinJar if you haven’t already. Verify your identity and set up two-factor authentication (2FA) for added security.

### Fund your account

Deposit funds into your CoinJar account. You can use fiat currency (AUD, USD, EUR, GBP, etc.) or other cryptocurrencies (like Bitcoin or Ethereum).

### Navigate to MKR

Search for MKR within CoinJar’s trading platform. You’ll find it listed alongside other top cryptocurrencies.

### Execute your purchase

Decide on the amount you want to buy. Click the “Buy” button, review the transaction details, and confirm. Voilà! You’re now a Maker holder!

## Conclusion: Buy Maker (MKR) 

As the DeFi space grows and more people understand it, Maker becomes more interesting for its stability and innovation. 

Maker

Why do investors buy Maker (MKR)? As the [crypto](https://www.coinjar.com/uk/learn/what-is-crypto) market [continues to grow](https://www.grandviewresearch.com/industry-analysis/cryptocurrency-market-report), investors are seeking opportunities beyond the usual suspects. Enter Maker (MKR), a decentralised finance (DeFi) gem that is worth looking into. 

## Why MKR?

### “Maintenance” and governance

Maker is the backbone of the Dai stablecoin, which is soft-pegged to the US dollar. It stays at around $1 using smart contracts. As a MKR holder, you can participate in the governance of the MakerDAO ecosystem.

When Dai deviates from the US$1 value, MKR holders can vote on adjustments to “stability fees” (Collateral Asset Stability Fees are in essence fees that are used to ensure alignment to the value between DAI and the USD) or other mechanisms to bring it back in line.*

## Collateralised Debt Positions (CDPs)

MKR plays a crucial role in managing CDPs. These allow users to lock up collateral (usually Ethereum) and mint Dai. MKR holders vote on critical decisions related to CDP management.

## Positive investor return potential

MKR’s scarcity and utility make it attractive to some investors. As the DeFi space [grows](https://www.statista.com/outlook/fmo/digital-assets/defi/worldwide), demand for Maker’s services increases, potentially driving up MKR’s value.

### Innovation

MakerDAO [constantly improves](https://medium.com/@samoeljun/top-things-you-should-know-about-makerdao-dai-sai-cfa2f9e8e586) its ecosystem, making MKR a forward-thinking investment.

### Community

There is an active community of DeFi enthusiasts who believe in Maker’s mission. This makes it a fun crypto to be involved with. 

### Risk management

MKR acts as a buffer against system losses. In extreme scenarios where the value of collateral drops significantly, MKR is auctioned to cover the deficit,ensure the peg to $1 USD and ensures the maintenance of the Maker system.

### Incentives for maintenance

MKR holders are rewarded with Dai rewards for participating in governance. This encourages active involvement and ensures alignment with the platform’s long-term success.

### Decentralised Finance (DeFi) ecosystem

By holding MKR, you could contribute to the growth and innovation of decentralised finance.

## How to Buy Maker (MKR)

### Choose a reliable cryptocurrency exchange

Before diving in, select a reputable exchange like CoinJar. CoinJar offers a user-friendly interface, robust protection, and seamless transactions.

### Create an account

Sign up on CoinJar if you haven’t already. Verify your identity and set up two-factor authentication (2FA) for added protection. 

UK residents are required to do an assessment and then wait 24 hours (see below).

### Fund your account

Deposit funds into your CoinJar account. You can use fiat currency (AUD, USD, EUR, GBP, etc.) or other cryptocurrencies (like Bitcoin or Ethereum).

### Navigate to MKR

Search for MKR within CoinJar’s trading platform. You’ll find it listed alongside other top cryptocurrencies.

### Execute your purchase

Decide on the amount of MKR you want to buy. Click the “Buy” button, review the transaction details, and confirm. Voilà! You’re now a MKR holder!

## Conclusion: Why Investors buy Maker (MKR) 

As the DeFi space grows and more people understand it, Maker (MKR) becomes more interesting for its consistency and innovation.


Buy Maker (MKR) in Australia: Why invest in Maker? As the [crypto market](https://www.coinjar.com/au/learn/what-is-crypto) [continues to grow](https://www.grandviewresearch.com/industry-analysis/cryptocurrency-market-report), investors are seeking opportunities beyond the usual suspects. Enter Maker (MKR), a decentralised finance (DeFi) gem that is worth looking into. 

## Why MKR?

### Stability and governance

Maker is the backbone of the [Dai stablecoin](https://www.coinjar.com/au/buy/maker-dai), which is soft-pegged to the US dollar. It stays at around $1 using smart contracts. As a MKR holder, you can participate in the governance of the MakerDAO ecosystem.

When Dai deviates from the US$1 value, MKR holders can vote on adjustments to stability fees or other mechanisms to bring it back in line.

## Collateralised Debt Positions (CDPs)

MKR plays a crucial role in managing CDPs. These allow users to lock up collateral (usually Ethereum) and mint Dai. MKR holders vote on critical decisions related to CDP management.

## Profit potential

MKR’s scarcity and utility make it attractive to some investors. As the [DeFi space grows](https://www.statista.com/outlook/fmo/digital-assets/defi/worldwide), demand for Maker’s services increases, potentially driving up MKR’s value.

### Innovation

MakerDAO [constantly improves](https://medium.com/@samoeljun/top-things-you-should-know-about-makerdao-dai-sai-cfa2f9e8e586) its ecosystem, making MKR a forward-thinking investment.

### Community

There is an active community of DeFi enthusiasts who believe in Maker’s mission. This makes it a fun crypto to be involved with. 

### Risk management

MKR acts as a buffer against system losses. In extreme scenarios where the value of collateral drops significantly, MKR is auctioned to cover the deficit and ensure the stability of the Maker system.

### Incentives for stability

MKR holders are rewarded with Dai rewards for participating in governance. This encourages active involvement and ensures alignment with the platform’s long-term success.

### Decentralised Finance (DeFi) ecosystem

By holding MKR, you could contribute to the growth and innovation of decentralised finance.

## How to Buy Maker (MKR)

### Choose a reliable cryptocurrency exchange

Before diving in, select a reputable exchange like CoinJar. CoinJar offers a user-friendly interface, robust security, and seamless transactions.

### Create an account

Sign up on CoinJar if you haven’t already. Verify your identity and set up two-factor authentication (2FA) for added security.

### Fund your account

Deposit funds into your CoinJar account. You can use fiat currency (AUD, USD, EUR, GBP, etc.) or other cryptocurrencies (like Bitcoin or Ethereum).

### Navigate to MKR

Search for MKR within CoinJar’s trading platform. You’ll find it listed alongside other top cryptocurrencies.

### Execute your purchase

Decide on the amount of MKR you want to buy. Click the “Buy” button, review the transaction details, and confirm. Voilà! You’re now a MKR holder!

## Conclusion: Buy Maker (MKR) 

As the DeFi space grows and more people understand it, Maker (MKR) becomes more interesting for its stability and innovation. 


Buy Litecoin: What is Litecoin and how do I buy it? We break it down for you to help you assess whether it is a good investment. 

## What Is Litecoin (LTC)?

Litecoin (LTC) is often referred to as the “silver to Bitcoin’s gold.” It is a well-established [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto). [Created](https://www.sciencedirect.com/topics/computer-science/litecoin) by former Google and Coinbase engineer Charlie Lee in 2011, [Litecoin](https://litecoin.org/) was one of the earliest [altcoins](https://www.coinjar.com/global/learn/what-are-altcoins) (a term used for cryptocurrencies other than Bitcoin).

## Litecoin’s Origins and Purpose

Lee designed Litecoin to address some of Bitcoin’s limitations. Bitcoin’s slow transaction processing speed at the time (around five transactions per second) frustrated merchants who wanted to accept it as payment.

Litecoin had a transaction speed of 54 transactions per second and generated new blocks approximately every 2.5 minutes. This improvement was appealing for merchants seeking quicker settlements.

However, in 2018, the [Lightning Network ](https://lightning.network/) was developed and went live in 2018. This was a solution that made Bitcoin transactions much, much faster. 

Despite this, Litecoin has stayed popular, especially with crypto OGs. At the time of writing, [it remains](https://coinmarketcap.com/) in the top 20 most popular cryptocurrencies by market capitalisation. Considering there are now over 20,000 cryptocurrencies in the world, that’s pretty good going. 

## The Role of the Litecoin Foundation

The Litecoin Foundation actively contributes to the development and adoption of Litecoin. It forms partnerships, explores funding opportunities, and engages in initiatives that promote Litecoin’s growth. 

## Litecoin as a Market Indicator

Litecoin often serves as a leading indicator for the broader cryptocurrency market. The general vibe that gets thrown about is that “Litecoin lights the path that leads the way to alt season.”

Traders closely monitor LTC’s price, even if they don’t directly trade it. When Litecoin gains momentum, risk appetite spreads, and smaller markets prepare for potential explosive gains.

## Technical details

The computer code underlying Litecoin closely resembles that of Bitcoin. Like Bitcoin, Litecoin operates with a fixed supply and undergoes halving events. Over time, mining rewards decrease, maintaining scarcity.

Litecoin relies on a proof-of-work consensus mechanism, akin to Bitcoin. But Litecoin has four times the supply of Bitcoin, with a maximum of 84 million LTC.

Litecoin offers cost-effective transactions relative to other cryptocurrencies.

## Litecoin’s Resilience

Despite the challenges faced by the broader crypto market in 2023, Litecoin has demonstrated resilience multiple times. 

Unlike Bitcoin, which tends to surge in demand after halving events due to reduced supply, Litecoin has struggled to increase in price after events which typically work for Bitcoin’s price.

Litecoin was launched in 2011, with a price of US$4.31. From there it was a bit of [a rollercoaster ride](https://www.coinlore.com/coin/litecoin/historical-data). An all-time low of US$1.24 was hit in January 2015, and the all-time high was US$388.80 in 2021. So it has been a magical mystery tour of peaks and troughs. 

Despite growing network usage and increasing Litecoin payments, significant price surges since 2021 have been elusive. 

At the time of writing, LTC is US$70.44. While the price is down currently from its former highs, the thing to keep in mind is that Litecoin historically, has bounced back from dips in its price. 

## Fundamental strengths

There are some points of difference that keep Litecoin in the game. The number of Litecoin users [continues to expand](https://www.cryptopolitan.com/litecoins-post-halving-triumph-active-addresses-soar-to-record-heights/), evident in the growth of new wallets.

This sustained interest reflects confidence in Litecoin’s longevity and utility. Litecoin’s [low transaction fees](https://fastercapital.com/keyword/litecoin-community.html) position it as a potential token creation platform.

As decentralised finance (DeFi) and non-fungible tokens (NFTs) become more widely adopted, Litecoin’s scalability and cost-effectiveness could become valuable assets.

While still popular, Litecoin doesn’t always grab headlines like Bitcoin. Some investors prioritise other cryptocurrencies with more “buzz”. 

And keep in mind that Litecoin faces competition from newer altcoins and projects. However, as an early crypto, Litecoin remains in the top coins by market capitalisation.

## How to Buy Litecoin on CoinJar

CoinJar is one of the longest-running cryptocurrency exchanges. Here’s how you can purchase Litecoin using CoinJar.

Create an Account: If you don’t have a CoinJar account, sign up on their platform.

Verify Your Identity: Complete the necessary identity verification steps as required by regulations.

Deposit Funds: Deposit fiat (everyday money) into your CoinJar account using bank transfers or other supported methods. A bank transfer is not immediate so don’t fret. Using a credit or debit card is much faster. Fee details are [here](https://support.coinjar.com/hc/en-au/articles/202671009-CoinJar-s-Fees). 

Navigate to LTC: Once your account is funded, go to the trading section and select Litecoin (LTC).

Place an Order: Choose the amount of Litecoin you want to buy and place an order. 

After you purchase Litecoin, it will appear in your CoinJar wallet. From there you can keep it in the CoinJar wallet or move it to another wallet. 

Remember that cryptocurrency investments carry risks, so only invest what you can afford to lose. 

## Buy Litecoin: Conclusion

Litecoin (LTC), created by Charlie Lee, is a popular cryptocurrency known for its fast transaction processing and low fees. It serves as a digital silver to Bitcoin’s gold, offering a reliable alternative for everyday transactions. 

While one of the oldest cryptocurrencies, Litecoin remains a valuable cryptocurrency with practical use cases. 

To buy Litecoin, you can use various methods such as a debit card, credit card, or bank transfer. 

First, create an account on a reputable cryptocurrency exchange that supports LTC, like CoinJar. Once verified, you can deposit funds from your bank account and exchange them for Litecoin. 

Keep in mind that LTC’s trading volume can be volatile, so it’s essential to understand the risks before making a purchase. Consider securing your LTC in a personal wallet / cold wallet to protect against exchange-related risks. 


Currency=LTC.svg

Buy Litecoin: What is Litecoin and how do I buy it? We break it down for you to help you assess whether it is a good investment. 

## What Is Litecoin (LTC)?

Litecoin (LTC) is often referred to as the “silver to Bitcoin’s gold.” It is a well-established [cryptocurrency](https://www.coinjar.com/learn/what-is-crypto). [Created](https://www.sciencedirect.com/topics/computer-science/litecoin) by former Google and Coinbase engineer Charlie Lee in 2011, [Litecoin](https://litecoin.org/) was one of the earliest [altcoins](https://www.coinjar.com/learn/what-are-altcoins) (a term used for cryptocurrencies other than Bitcoin).

## Litecoin’s Origins and Purpose

Lee designed Litecoin to address some of Bitcoin’s limitations. Bitcoin’s slow transaction processing speed at the time (around five transactions per second) frustrated merchants who wanted to accept it as payment.

Litecoin had a transaction speed of 54 transactions per second and generated new blocks approximately every 2.5 minutes. This improvement was appealing for merchants seeking quicker settlements.

However, in 2018, the [Lightning Network ](https://lightning.network/) was developed and went live in 2018. This was a solution that made Bitcoin transactions much, much faster. 

Despite this, Litecoin has stayed popular, especially with crypto OGs. At the time of writing, [it remains](https://coinmarketcap.com/) in the top 20 most popular cryptocurrencies by market capitalisation. Considering there are now over 20,000 cryptocurrencies in the world, that’s pretty good going. 

## The Role of the Litecoin Foundation

The Litecoin Foundation actively contributes to the development and adoption of Litecoin. It forms partnerships, explores funding opportunities, and engages in initiatives that promote Litecoin’s growth. 

## Litecoin as a Market Indicator

Litecoin often serves as a leading indicator for the broader cryptocurrency market. The general vibe that gets thrown about is that “Litecoin lights the path that leads the way to alt season.”

Traders closely monitor LTC’s price, even if they don’t directly trade it. When Litecoin gains momentum, risk appetite spreads, and smaller markets prepare for potential explosive gains.

## Technical details

The computer code underlying Litecoin closely resembles that of Bitcoin. Like Bitcoin, Litecoin operates with a fixed supply and undergoes halving events. Over time, mining rewards decrease, maintaining scarcity.

Litecoin relies on a proof-of-work consensus mechanism, akin to Bitcoin. But Litecoin has four times the supply of Bitcoin, with a maximum of 84 million LTC.

Litecoin offers cost-effective transactions relative to other cryptocurrencies.

## Litecoin’s Resilience

Despite the challenges faced by the broader crypto market in 2023, Litecoin has demonstrated resilience multiple times. 

Unlike Bitcoin, which tends to surge in demand after halving events due to reduced supply, Litecoin has struggled to increase in price after events which typically work for Bitcoin’s price.

Litecoin was launched in 2011, with a price of US$4.31. From there it was a bit of [a rollercoaster ride](https://www.coinlore.com/coin/litecoin/historical-data). An all-time low of US$1.24 was hit in January 2015, and the all-time high was US$388.80 in 2021. So it has been a magical mystery tour of peaks and troughs. 

Despite growing network usage and increasing Litecoin payments, significant price surges since 2021 have been elusive. 

At the time of writing, LTC is US$70.44. While the price is down currently from its former highs, the thing to keep in mind is that Litecoin historically, has bounced back from dips in its price. 

## Fundamental strengths

There are some points of difference that keep Litecoin in the game. The number of Litecoin users [continues to expand](https://www.cryptopolitan.com/litecoins-post-halving-triumph-active-addresses-soar-to-record-heights/), evident in the growth of new wallets.

This sustained interest reflects confidence in Litecoin’s longevity and utility. Litecoin’s [low transaction fees](https://fastercapital.com/keyword/litecoin-community.html) position it as a potential token creation platform.

As decentralised finance (DeFi) and non-fungible tokens (NFTs) become more widely adopted, Litecoin’s scalability and cost-effectiveness could become valuable assets.

While still popular, Litecoin doesn’t always grab headlines like Bitcoin. Some investors prioritise other cryptocurrencies with more “buzz”. 

And keep in mind that Litecoin faces competition from newer altcoins and projects. However, as an early crypto, Litecoin remains in the top coins by market capitalisation.

## How to Buy Litecoin on CoinJar

CoinJar is one of the longest-running cryptocurrency exchanges. Here’s how you can purchase Litecoin using CoinJar.

Create an Account: If you don’t have a CoinJar account, sign up on their platform.

Verify Your Identity: Complete the necessary identity verification steps as required by regulations.

Deposit Funds: Deposit fiat (everyday money) into your CoinJar account using bank transfers or other supported methods. A bank transfer is not immediate so don’t fret. Using a credit or debit card is much faster. Fee details are [here](https://support.coinjar.com/hc/en-au/articles/202671009-CoinJar-s-Fees). 

Navigate to LTC: Once your account is funded, go to the trading section and select Litecoin (LTC).

Place an Order: Choose the amount of Litecoin you want to buy and place an order. 

After you purchase Litecoin, it will appear in your CoinJar wallet. From there you can keep it in the CoinJar wallet or move it to another wallet. 

Remember that cryptocurrency investments carry risks, so only invest what you can afford to lose. 

## Buy Litecoin: Conclusion

Litecoin (LTC), created by Charlie Lee, is a popular cryptocurrency known for its fast transaction processing and low fees. It serves as a digital silver to Bitcoin’s gold, offering a reliable alternative for everyday transactions. 

While one of the oldest cryptocurrencies, Litecoin remains a valuable cryptocurrency with practical use cases. 

To buy Litecoin, you can use various methods such as a debit card, credit card, or bank transfer. 

First, create an account on a reputable cryptocurrency exchange that supports LTC, like CoinJar. Once verified, you can deposit funds from your bank account and exchange them for Litecoin. 

Keep in mind that LTC’s trading volume can be volatile, so it’s essential to understand the risks before making a purchase. Consider securing your LTC in a personal wallet / cold wallet to protect against exchange-related risks. 


Litecoin

Buy Litecoin: What is Litecoin and how do I buy it? We break it down for you to help you assess whether it is a good investment. 

## What Is Litecoin (LTC)?

Litecoin (LTC) is often referred to as the “silver to Bitcoin’s gold.” It is a well-established [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto). [Created](https://www.sciencedirect.com/topics/computer-science/litecoin) by former Google and Coinbase engineer Charlie Lee in 2011, [Litecoin](https://litecoin.org/) was one of the earliest [altcoins](https://www.coinjar.com/au/learn/what-are-altcoins) (a term used for cryptocurrencies other than Bitcoin).

## Litecoin’s Origins and Purpose

Lee designed Litecoin to address some of Bitcoin’s limitations. Bitcoin’s slow transaction processing speed at the time (around five transactions per second) frustrated merchants who wanted to accept it as payment.

Litecoin had a transaction speed of 54 transactions per second and generated new blocks approximately every 2.5 minutes. This improvement was appealing for merchants seeking quicker settlements.

However, in 2018, the [Lightning Network ](https://lightning.network/) was developed and went live in 2018. This was a solution that made Bitcoin transactions much, much faster. 

Despite this, Litecoin has stayed popular, especially with crypto OGs. At the time of writing, [it remains](https://coinmarketcap.com/) in the top 20 most popular cryptocurrencies by market capitalisation. Considering there are now over 20,000 cryptocurrencies in the world, that’s pretty good going. 

## The Role of the Litecoin Foundation

The Litecoin Foundation actively contributes to the development and adoption of Litecoin. It forms partnerships, explores funding opportunities, and engages in initiatives that promote Litecoin’s growth. 

## Litecoin as a Market Indicator

Litecoin often serves as a leading indicator for the broader cryptocurrency market. The general vibe that gets thrown about is that “Litecoin lights the path that leads the way to alt season.”

Traders closely monitor LTC’s price, even if they don’t directly trade it. When Litecoin gains momentum, risk appetite spreads, and smaller markets prepare for potential explosive gains.

## Technical details

The computer code underlying Litecoin closely resembles that of Bitcoin. Like Bitcoin, Litecoin operates with a fixed supply and undergoes halving events. Over time, mining rewards decrease, maintaining scarcity.

Litecoin relies on a proof-of-work consensus mechanism, akin to Bitcoin. But Litecoin has four times the supply of Bitcoin, with a maximum of 84 million LTC.

Litecoin offers cost-effective transactions relative to other cryptocurrencies.

## Litecoin’s Resilience

Despite the challenges faced by the broader crypto market in 2023, Litecoin has demonstrated resilience multiple times. 

Unlike Bitcoin, which tends to surge in demand after halving events due to reduced supply, Litecoin has struggled to increase in price after events which typically work for Bitcoin’s price.

Litecoin was launched in 2011, with a price of US$4.31. From there it was a bit of [a rollercoaster ride](https://www.coinlore.com/coin/litecoin/historical-data). An all-time low of US$1.24 was hit in January 2015, and the all-time high was US$388.80 in 2021. So it has been a magical mystery tour of peaks and troughs. 

Despite growing network usage and increasing Litecoin payments, significant price surges since 2021 have been elusive. 

At the time of writing, LTC is US$70.44. While the price is down currently from its former highs, the thing to keep in mind is that Litecoin historically, has bounced back from dips in its price. 

## Fundamental strengths

There are some points of difference that keep Litecoin in the game. The number of Litecoin users [continues to expand](https://www.cryptopolitan.com/litecoins-post-halving-triumph-active-addresses-soar-to-record-heights/), evident in the growth of new wallets.

This sustained interest reflects confidence in Litecoin’s longevity and utility. Litecoin’s [low transaction fees](https://fastercapital.com/keyword/litecoin-community.html) position it as a potential token creation platform.

As decentralised finance (DeFi) and non-fungible tokens (NFTs) become more widely adopted, Litecoin’s scalability and cost-effectiveness could become valuable assets.

While still popular, Litecoin doesn’t always grab headlines like Bitcoin. Some investors prioritise other cryptocurrencies with more “buzz”. 

And keep in mind that Litecoin faces competition from newer altcoins and projects. However, as an early crypto, Litecoin remains in the top coins by market capitalisation.

## How to Buy Litecoin on CoinJar

CoinJar is an Australian-based cryptocurrency exchange. Here’s how you can purchase Litecoin using CoinJar.

Create an Account: If you don’t have a CoinJar account, sign up on their platform.

Verify Your Identity: Complete the necessary identity verification steps as required by regulations.

Deposit Funds: Deposit Australian dollars (AUD) into your CoinJar account using bank transfers or other supported methods. A bank transfer is not immediate so don’t fret about your Australian dollars. Using a credit or debit card is much faster. Fee details are [here](https://support.coinjar.com/hc/en-au/articles/202671009-CoinJar-s-Fees). 

Navigate to LTC: Once your account is funded, go to the trading section and select Litecoin (LTC).

Place an Order: Choose the amount of Litecoin you want to buy and place an order. 

After you purchase Litecoin, it will appear in your CoinJar wallet. From there you can keep it in the CoinJar wallet or move it to another wallet. 

Remember that cryptocurrency investments carry risks, so only invest what you can afford to lose. 

## Buy Litecoin: Conclusion

Litecoin (LTC), created by Charlie Lee, is a popular cryptocurrency known for its fast transaction processing and low fees. It serves as a digital silver to Bitcoin’s gold, offering a reliable alternative for everyday transactions. 

While one of the oldest cryptocurrencies, Litecoin remains a valuable cryptocurrency with practical use cases. 

To buy Litecoin, you can use various methods such as a debit card, credit card, or bank transfer. 

First, create an account on a reputable cryptocurrency exchange that supports LTC, like CoinJar. Once verified, you can deposit funds from your bank account and exchange them for Litecoin. 

Keep in mind that LTC’s trading volume can be volatile, so it’s essential to understand the risks before making a purchase. Consider securing your LTC in a personal wallet / cold wallet to protect against exchange-related risks. 


Why investors buy Litecoin: What is Litecoin and how do I buy it? We break it down for you. 

## What Is Litecoin (LTC)?

Litecoin (LTC) is often referred to as the “silver to Bitcoin’s gold.” It is a well-established cryptocurrency. Created by former Google and Coinbase engineer Charlie Lee in 2011, [Litecoin](https://litecoin.org/) was one of the earliest [altcoins](https://www.coinjar.com/uk/learn/what-are-altcoins) (a term used for cryptocurrencies other than Bitcoin).

## Litecoin’s Origins and Purpose

Lee designed [Litecoin](https://www.sciencedirect.com/topics/computer-science/litecoin) to address some of Bitcoin’s limitations. Bitcoin’s slow transaction processing speed at the time (around five transactions per second) frustrated merchants who wanted to accept it as payment.

Litecoin had a transaction speed of 54 transactions per second and generated new blocks approximately every 2.5 minutes. This improvement was appealing for merchants seeking quicker settlements.

However, in 2018, the [Lightning Network](https://lightning.network/) was developed and went live in 2018. This was a solution that made Bitcoin transactions much, much more effective. 

Despite this, Litecoin has stayed popular, especially with crypto OGs. At the time of writing, it remains in the top 20 [most popular cryptocurrencies](https://coinmarketcap.com/) by market capitalisation. 

Considering there are now over 20,000 cryptocurrencies in the world, that’s pretty good going. 

## The Role of the Litecoin Foundation

The Litecoin Foundation actively contributes to the development and adoption of Litecoin. It forms partnerships, explores funding opportunities, and engages in initiatives that promote Litecoin’s growth. 

## Litecoin as a Market Indicator

Litecoin often serves as a leading indicator for the broader cryptocurrency market. The general vibe that gets thrown about is that “Litecoin lights the path that leads the way to alt season.”

Traders closely monitor LTC’s price, even if they don’t directly trade it. When Litecoin gains momentum, risk appetite spreads, and smaller markets prepare for potential explosive gains.

## Technical details

The computer code underlying Litecoin closely resembles that of Bitcoin. Like Bitcoin, Litecoin operates with a fixed supply and undergoes halving events. Over time, mining rewards decrease, maintaining scarcity.

Litecoin relies on a proof-of-work consensus mechanism, like Bitcoin. But Litecoin has four times the supply of Bitcoin, with a maximum of 84 million LTC.

Litecoin offers cost-effective transactions relative to other cryptocurrencies.

## Litecoin’s resilience

Despite the challenges faced by the broader crypto market in 2023, Litecoin has demonstrated resilience multiple times. 

Unlike Bitcoin, which historically tends to surge in demand after halving events due to reduced supply, Litecoin has struggled to increase in price after events which typically work for Bitcoin’s price.

Litecoin was launched in 2011, with a price of US$4.31. From there it was a bit of a rollercoaster ride. An all-time low of US$1.24 was hit in January 2015, and the all-time high was US$388.80 in 2021. So it has been a [magical mystery tour](https://www.coinlore.com/coin/litecoin/historical-data) of peaks and troughs. 

Despite growing network usage and increasing Litecoin payments, significant price surges since 2021 have been elusive. 

At the time of writing (April 11, 2024), LTC is US$97.09. While the price is down currently from its former highs, the thing to keep in mind is that Litecoin historically, has bounced back from dips in its price. 

The performance of most cryptocurrency can be highly volatile, with their value dropping as quickly as it can rise. Past performance is not an indication of future results. You should be prepared to lose all the money you invest in cryptoassets.

## Fundamental strengths

There are some points of difference that keep Litecoin in the game. The number of Litecoin users continues to expand, evident in the [growth of new wallets](https://www.cryptopolitan.com/litecoins-post-halving-triumph-active-addresses-soar-to-record-heights/).

This sustained interest [reflects confidence](https://fastercapital.com/keyword/litecoin-community.html) in Litecoin’s longevity and utility.

Litecoin’s competitive transaction fees position it as a potential token creation platform.

As decentralised finance (DeFi) and non-fungible tokens (NFTs) become more widely adopted, Litecoin’s scalability and cost-effectiveness could become valuable assets.

While still popular, Litecoin doesn’t always grab headlines like Bitcoin. Some investors prioritise other cryptocurrencies with more “buzz”. 

And keep in mind that Litecoin faces competition from newer altcoins and projects.

However, as an early crypto, Litecoin remains in the top coins by market capitalisation.

## How to Buy Litecoin on CoinJar

Here’s how you can purchase Litecoin using CoinJar.

Create an Account: If you don’t have a CoinJar account, sign up on their platform.

Sign up on CoinJar or any other exchange of your choice. Verify your identity as required. 

UK residents are required to do an assessment and then wait 24 hours (see below).

Deposit Sterling (GBP) into your exchange account using methods such as a bank transfer or debit card. [Fee details are here](https://www.coinjar.com/uk/fees).

Navigate to LTC: Once your account is funded, go to the trading section and select Litecoin (LTC).

Place an Order: Choose the amount of Litecoin you want to buy and place an order. 

After you purchase Litecoin, it will appear in your CoinJar wallet. From there you can keep it in the CoinJar wallet or move it to another wallet. 

Why investors buy Litecoin: Conclusion

Litecoin (LTC), created by Charlie Lee, is a popular cryptocurrency known for its effective transaction processing and competitive fees. It serves as a digital silver to Bitcoin’s gold, offering a reliable alternative for everyday transactions. 

While one of the oldest cryptocurrencies, Litecoin remains a valuable cryptocurrency with practical use cases. 

To buy Litecoin, you can use various methods such as a card, Google Pay, or bank transfer. 

First, create an account on a reputable cryptocurrency exchange that supports LTC, like CoinJar. Once you are verified, have completed the assessment and finished your 24 hour cooling off period, you can deposit funds from your bank account and exchange them for Litecoin. 

Keep in mind that LTC’s trading volume can be volatile, so it’s essential to understand the risks before making a purchase. 

Consider protecting your LTC in a personal wallet / cold wallet to protect against exchange-related risks. 


Why do investors buy [Synthetix Network Token](https://synthetix.io/)? If you are interested in [cryptocurrencies](https://www.coinjar.com/global/learn/what-is-crypto) and decentralised finance (DeFi), Synthetix Network Token (SNX) is an interesting project worth looking into. But what exactly is SNX, and why should someone consider adding it to their portfolio? 

## What Is Synthetix Network Token (SNX)?

SNX is the native token of the Synthetix protocol, a decentralised platform that enables the creation and trading of synthetic assets. But what are synthetic assets? 

Think of them as digital representations of real-world assets, such as stocks, commodities, or fiat currencies. These synthetic assets mirror the price movements of their underlying counterparts without requiring direct ownership.

## How Does Synthetix Work?

Synthetix is, as the name suggests, a platform built on the Ethereum network for issuing synthetic versions of real world assets – what they call ‘synths’. This includes everything from other cryptocurrencies, to fiat currencies, commodities and real world stocks such as Netflix, Apple and Tesla.

One of the few major cryptocurrency platforms founded and based in Australia, Synthetix has developed a pooled collateral system that allows every possible synth pair to trade with the same, theoretically limitless liquidity. 

Users lock up their SNX tokens and receive their chosen synth tokens in return – for example, sETH, sBTC, sOIL, sGBP. SNX is also used to pay for each trade, with the proceeds being distributed to those staking their coins as collateral. These users also receive general staking rewards.

### Collateralisation

SNX holders can lock their tokens as collateral to mint synthetic assets. The more SNX they stake, the greater their borrowing power. This collateralisation mechanism ensures the stability and integrity of the system.

### Synthetic Assets

Users can create synthetic assets (called Synths) by staking SNX. These Synths track the value of various assets, including cryptocurrencies (e.g., sUSD, sBTC), commodities (e.g., sGold), and even stock indices (e.g., sFTSE100).

### Trading

Once minted, Synths can be traded on the Synthetix exchange. Traders can speculate on price movements without needing to hold the actual assets. For example, if you believe the price of gold will rise, you can buy sGold Synths.

## Why Consider SNX?

### Diversification

SNX allows investors to diversify their portfolios beyond traditional cryptocurrencies. By holding Synths pegged to different assets, users gain exposure to various markets without the complexities of direct ownership.

### Yield Farming

Staking SNX in the Synthetix ecosystem earns rewards in the form of SNX inflationary rewards and Synth exchange fees. Yield farmers can maximise their returns by participating in liquidity pools.

### Hedging

Synths provide an excellent hedging tool. If you’re worried about a market downturn, you can mint synthetic stablecoins (like sUSD) to protect your portfolio.

## Conclusion: Synthetix Network Token (SNX)

In summary, Synthetix Network Token (SNX) unlocks a world of synthetic assets, offering diversification, privacy, and yield opportunities. As DeFi continues to grow, SNX remains a fascinating project worth exploring.

#How to buy Synthetix (SNX)

To buy Synthetix (SNX) on CoinJar, follow these simple steps:

Sign up to CoinJar: Download the CoinJar app on iOS or Android.
Create an account and verify your ID. This process usually takes just a couple of minutes.

Deposit Funds: Transfer funds from your bank account.

Buy Your First Crypto: Once your account is funded, you can buy SNX along with almost 50 other cryptocurrencies using cash or credit card.


Currency=SNX.svg

Synthetix

Why do investors buy Synthetix Network Token? If you are interested in [cryptocurrencies](https://www.coinjar.com/au/learn/what-is-crypto) and decentralised finance (DeFi), [Synthetix Network Token (SNX)](https://synthetix.io/) is an interesting project worth looking into. But what exactly is SNX, and why would someone consider adding it to their portfolio? 

## What Is Synthetix Network Token (SNX)?

Synthetix is, as the name suggests, a platform built on the Ethereum network for issuing synthetic versions of real world assets – what they call ‘synths’. This includes everything from other cryptocurrencies, to fiat currencies, commodities and real world stocks such as Netflix, Apple and Tesla.

SNX is the native token of the Synthetix protocol, a decentralised platform that enables the creation and trading of these synthetic assets.

Think of them as digital representations of real-world assets, such as stocks, commodities, or fiat currencies. These synthetic assets aim to mirror the price movements of their underlying counterparts without requiring direct ownership.

## How Does Synthetix Work?

### Collateralisation

SNX holders can lock their tokens as collateral to mint synthetic assets. The more SNX they stake, the greater their borrowing power. This collateralisation mechanism drives the price alignment and integrity of the system.

### Synthetic Assets

Users can create synthetic assets (called Synths) by staking SNX. These Synths track the value of various assets, including cryptocurrencies (e.g., sUSD, sBTC), commodities (e.g., sGold), and even stock indices (e.g., sFTSE100)

### Trading

Once minted, Synths can be traded on the Synthetix exchange. Traders can speculate on price movements without needing to hold the actual assets. For example, if you believe the price of gold will rise, you can buy sGold Synths.

## Why Consider SNX?

### Diversification

SNX allows investors to diversify their portfolios beyond traditional cryptocurrencies. By holding Synths pegged to different assets, users gain exposure to various markets without the complexities of direct ownership.

### No KYC/AML

Unlike centralised exchanges, Synthetix has some unique features (being a decentralised crypto exchange), such as:

1. DeFi platforms are not in line with the AML legislation under FCA, in that you are not required to share personal information and transactions are not transparent or monitored.

2. You can trade with anyone, anywhere, anytime. You don’t have to follow the rules or regulations of the exchange or the government, such as the FCA. 

### Yield Farming

Staking SNX in the Synthetix ecosystem earns rewards in the form of SNX inflationary rewards and Synth exchange fees. Yield farmers can maximise their returns by participating in liquidity pools.

### Hedging

Synths provide an excellent hedging tool. If you’re worried about a market downturn, you can mint synthetic stablecoins (like sUSD) to protect your portfolio.

## Conclusion: Synthetix Network Token (SNX)

In summary, Synthetix Network Token (SNX) unlocks a world of synthetic assets, offering diversificationand yield opportunities. As DeFi continues to grow, SNX remains a fascinating project worth exploring.

## How to buy Synthetix (SNX)

To buy Synthetix (SNX) on CoinJar, follow these convenient steps:

Sign up to CoinJar: Download the CoinJar app on iOS or Android.

Create an account and verify your ID. UK residents must complete an assessment and wait for 24 hours (see more details below).

Deposit Funds: Transfer funds from your bank account.

Able to buy Your First Crypto: Once your account is funded, you can buy SNX along with almost 50 other cryptocurrencies using cash or credit card.


Why do investors buy [Synthetix Network Token](https://synthetix.io/)? If you are interested in [cryptocurrencies](https://www.coinjar.com/au/learn/what-is-crypto) and decentralised finance (DeFi), Synthetix Network Token (SNX) is an interesting project worth looking into. But what exactly is SNX, and why should someone consider adding it to their portfolio? 

## What Is Synthetix Network Token (SNX)?

SNX is the native token of the Synthetix protocol, a decentralised platform that enables the creation and trading of synthetic assets. But what are synthetic assets? 

Think of them as digital representations of real-world assets, such as stocks, commodities, or fiat currencies. These synthetic assets mirror the price movements of their underlying counterparts without requiring direct ownership.

## How Does Synthetix Work?

Synthetix is, as the name suggests, a platform built on the Ethereum network for issuing synthetic versions of real world assets – what they call ‘synths’. This includes everything from other cryptocurrencies, to fiat currencies, commodities and real world stocks such as Netflix, Apple and Tesla.

One of the few major cryptocurrency platforms founded and based in Australia, Synthetix has developed a pooled collateral system that allows every possible synth pair to trade with the same, theoretically limitless liquidity. 

Users lock up their SNX tokens and receive their chosen synth tokens in return – for example, sETH, sBTC, sOIL, sGBP. SNX is also used to pay for each trade, with the proceeds being distributed to those staking their coins as collateral. These users also receive general staking rewards.

### Collateralisation

SNX holders can lock their tokens as collateral to mint synthetic assets. The more SNX they stake, the greater their borrowing power. This collateralisation mechanism ensures the stability and integrity of the system.

### Synthetic Assets

Users can create synthetic assets (called Synths) by staking SNX. These Synths track the value of various assets, including cryptocurrencies (e.g., sUSD, sBTC), commodities (e.g., sGold), and even stock indices (e.g., sFTSE100).

### Trading

Once minted, Synths can be traded on the Synthetix exchange. Traders can speculate on price movements without needing to hold the actual assets. For example, if you believe the price of gold will rise, you can buy sGold Synths.

## Why Consider SNX?

### Diversification

SNX allows investors to diversify their portfolios beyond traditional cryptocurrencies. By holding Synths pegged to different assets, users gain exposure to various markets without the complexities of direct ownership.

### Yield Farming

Staking SNX in the Synthetix ecosystem earns rewards in the form of SNX inflationary rewards and Synth exchange fees. Yield farmers can maximise their returns by participating in liquidity pools.

### Hedging

Synths provide an excellent hedging tool. If you’re worried about a market downturn, you can mint synthetic stablecoins (like sUSD) to protect your portfolio.

## Conclusion: Synthetix Network Token (SNX)

In summary, Synthetix Network Token (SNX) unlocks a world of synthetic assets, offering diversification, privacy, and yield opportunities. As DeFi continues to grow, SNX remains a fascinating project worth exploring.

#How to buy Synthetix (SNX)

To buy Synthetix (SNX) on CoinJar, follow these simple steps:

Sign up to CoinJar: Download the CoinJar app on iOS or Android.
Create an account and verify your ID. This process usually takes just a couple of minutes.

Deposit Funds: Transfer funds from your bank account.

Buy Your First Crypto: Once your account is funded, you can buy SNX along with almost 50 other cryptocurrencies using cash or credit card.


The Kyber Network aims to solve the shallow liquidity issues that can plague DeFi protocols. It achieves this by creating cross-platform liquidity pools so users across different protocols and wallets can all trade from the same basket of assets. This results in better prices for buyers and more seamless transactions.

KNC (Kyber Network Crystal) is the native token of the Kyber Network. It’s paid out as an incentive to liquidity providers and stakers, as well as offering voting rights in the KyberDAO, the network’s decentralised governance system. Users of the Kyber Network pay transaction fees in KNC.


Currency=KNC.svg

Kyber Network

Why buy KNC? Kyber Network Crystal is a native token of the Kyber Network, a decentralised protocol that facilitates the exchange of [digital assets](https://www.coinjar.com/uk/learn/what-is-crypto), including cryptocurrencies. So what is Kyber Network? Why would you consider investing in it? Let's find out.

## What is Kyber Network?

[Kyber Network](https://kyber.network/?lang=tr) acts as a liquidity hub for crypto trading and decentralised finance (DeFi). Here are some key points:

### Liquidity aggregation

Kyber aggregates liquidity from various sources, including decentralised exchanges (DEXs) and liquidity pools. This ensures that traders can access competitive rates when swapping tokens.

### Instant swaps

Traders can instantly swap tokens without leaving their wallets. Kyber’s technology connects deep liquidity from diverse sources, providing seamless and efficient transactions.

### Liquidity providers

KNC holders can participate as liquidity providers by depositing tokens into Kyber pools. They earn swap fees and farm rewards while maintaining high capital efficiency.

### Governance

KyberDAO, a Decentralised Autonomous Organisation, allows KNC holders to vote on governance proposals. By staking KNC tokens, you can shape Kyber’s future and earn rewards from trading fees.

## Why Consider Buying KNC?

### Liquidity and efficiency

Kyber Network ensures optimal liquidity for traders. By aggregating liquidity from multiple DEX protocols, it offers competitive rates for token swaps. Whether you’re a trader or a DeFi user, KNC’s liquidity benefits are hard to ignore.

### Earning opportunities

As a liquidity provider, you can earn swap fees and rewards by depositing tokens into Kyber pools. The capital efficiency ensures that your assets work harder for you.

### Governance participation

Staking KNC tokens allows you to actively participate in Kyber’s governance. Your votes influence decisions that shape the network’s future, and you earn KNC rewards in the process.

### Battle-tested reliability

Kyber’s technology has facilitated over $7 billion in trades. Developers are able to build on Kyber with confidence.

## Conclusion

Kyber Network Crystal (KNC) plays a crucial role in DeFi liquidity and governance. Whether you’re a trader, liquidity provider, or simply interested in the DeFi space, KNC can help facilitate the exchange of digital assets.

## How to Buy KNC from CoinJar

If you’re interested in buying Kyber Network (KNC) through CoinJar, here are the steps to get started.

Sign Up to CoinJar: Download the CoinJar app on iOS or Android. Create an account and verify your ID. This process usually takes just a few minutes. 

UK residents are required to do an assessment and then wait 24 hours (see below).

Deposit Funds: Transfer funds from your bank account to CoinJar. 

How to buy Your First Crypto: Once your funds are in your CoinJar account, you can proceed to buy KNC or any other cryptocurrency.

CoinJar supports Bitcoin and nearly 70 other cryptocurrencies, so you have a wide range of options.



Buy KNC: Kyber Network Crystal is a native token of the Kyber Network, a decentralised protocol that facilitates the exchange of digital assets, including [cryptocurrencies](https://www.coinjar.com/au/learn/what-is-crypto). So what is Kyber Network? Why would you consider investing in it? Let's find out.

## What is Kyber Network?

[Kyber Network](https://kyber.network/) acts as a liquidity hub for crypto trading and decentralised finance (DeFi). Here are some key points:

### Liquidity aggregation

Kyber aggregates liquidity from various sources, including decentralised exchanges (DEXs) and liquidity pools. This ensures that traders can access the best rates when swapping tokens.

### Instant swaps

Traders can instantly swap tokens without leaving their wallets. Kyber’s technology connects deep liquidity from diverse sources, providing seamless and efficient transactions.

### Liquidity providers

KNC holders can participate as liquidity providers by depositing tokens into Kyber pools. They earn swap fees and farm rewards while maintaining high capital efficiency.

### Governance

KyberDAO, a Decentralised Autonomous Organisation, allows KNC holders to vote on governance proposals. By staking KNC tokens, you can shape Kyber’s future and earn rewards from trading fees.

## Why Consider Buying KNC?

### Liquidity and efficiency

Kyber Network ensures optimal liquidity for traders. By aggregating liquidity from multiple DEX protocols, it offers competitive rates for token swaps. Whether you’re a trader or a DeFi user, KNC’s liquidity benefits are hard to ignore.

### Earning opportunities

As a liquidity provider, you can earn swap fees and rewards by depositing tokens into Kyber pools. The capital efficiency ensures that your assets work harder for you.

### Governance participation

Staking KNC tokens allows you to actively participate in Kyber’s governance. Your votes influence decisions that shape the network’s future, and you earn KNC rewards in the process.

### Battle-tested reliability

Kyber’s technology has facilitated over $7 billion in trades. Developers should be able to build on Kyber with confidence.

## Conclusion

Kyber Network Crystal (KNC) plays a crucial role in DeFi liquidity and governance. Whether you’re a trader, liquidity provider, or simply interested in the DeFi space, KNC offers opportunities worth exploring.

## How to Buy KNC from CoinJar

If you’re interested in buying Kyber Network (KNC) through CoinJar, here are the steps to get started.

Sign Up to CoinJar: Download the CoinJar app on iOS or Android. Create an account and verify your ID. This process usually takes just a few minutes.

Deposit Funds: Transfer funds from your bank account to CoinJar. 

Buy Your First Crypto: Once your funds are in your CoinJar account, you can proceed to buy KNC or any other cryptocurrency.

CoinJar supports Bitcoin and nearly 70 other cryptocurrencies, so you have a wide range of options.



Why do investors buy Pax Dollars (USDP)? The Pax Dollar, often abbreviated as USDP, belongs to the category of [stablecoins](https://www.coinjar.com/global/learn/what-is-a-stablecoin). 

A stablecoin is a cryptocurrency that is “pegged” to an asset considered stable, like gold or a fiat currency, like the Euro or the US Dollar. The primary purpose of stablecoins is to provide stability in an otherwise volatile cryptocurrency market.

## How USDP Works

USDP is issued by [Paxos Trust Company](https://paxos.com/), a regulated financial institution. It is backed one-to-one by US Dollars. For every USDP in circulation, Paxos says that they hold an equivalent amount in cash and cash equivalents. This parity ensures the stability of the USDP, shielding it from the erratic price movements common in the crypto market.

USDP operates on blockchain technology, the same decentralized, distributed ledger system that underlies cryptocurrencies like Bitcoin and Ethereum.

USDP can be used for various financial transactions, like trading on cryptocurrency exchanges, and as a form of savings. 

## Stability and Security

The [Paxos Trust Company](https://paxos.com/stablecoin-terms-conditions/) says that Pax Dollars are fully backed by cash and cash equivalents, maintaining a 1:1 peg to the US dollar. This stability makes them an attractive choice for risk-averse investors. Unlike volatile cryptocurrencies, USDP offers a reliable store of value, especially during market downturns.

## Instant Redemption

If you ever need to convert your USDP back to US dollars, you can do so instantly through Paxos. This allows investors to move seamlessly between crypto and fiat.
## Lower Transaction Costs

Traditional banking systems often charge hefty fees for cross-border transactions. In the [USDP Whitepaper](https://424565.fs1.hubspotusercontent-na1.net/hubfs/424565/USDP-White-Paper.pdf), they say, “Pax Dollar essentially could remove cross-border transaction fees, allowing commerce and trade to occur more fluidly. This improvement alone to the current system could unlock billions in foreign exchange fees.”

Whether users are sending money to family overseas or conducting business internationally, USDP can save users money on transaction fees.

## Hedging Against Volatility

Cryptocurrencies are notorious for their price volatility. By holding Pax Dollars, users can hedge against sudden market swings when the crypto market experiences turbulence.

## Conclusion

In summary, Pax Dollars combine the advantages of blockchain technology and the stability of fiat currency. Pax Dollars is a stablecoin that maintains a 1:1 peg to the US dollar, claiming stability and regulatory compliance. Pax Dollars is subject to regulatory oversight by the New York State Department of Financial Services. 

## How to Buy Pax Dollars (USDP)

Sign Up for CoinJar: Download the CoinJar app on iOS or Android. 

Create an account and verify your identity.

Deposit Funds: Transfer funds from your bank account to CoinJar using one of the following methods:

Bank Transfer: Link your bank account and transfer funds directly.

PayID: Use your PayID to transfer funds instantly.

Osko: Make fast payments using the Osko network.

Buy Pax Dollar (USDP): Once your funds are in CoinJar, navigate to the trading section. Search for “Pax Dollar” or “USDP.” Choose the amount of USDP you want to purchase. Confirm the transaction.

Secure Storage: After buying USDP, consider transferring it to a secure wallet. Hardware wallets or non-custodial wallets provide high level of security for a crypto asset.


Currency=PAX.svg

Why do investors buy Pax Dollars (USDP)? The Pax Dollar, often abbreviated as USDP, belongs to the category of [stablecoins](https://www.coinjar.com/learn/what-is-a-stablecoin). 

A stablecoin is a cryptocurrency that is “pegged” to an asset considered stable, like gold or a fiat currency, like the Euro or the US Dollar. The primary purpose of stablecoins is to provide stability in an otherwise volatile cryptocurrency market.

## How USDP Works

USDP is issued by [Paxos Trust Company](https://paxos.com/), a regulated financial institution. It is backed one-to-one by US Dollars. For every USDP in circulation, Paxos says that they hold an equivalent amount in cash and cash equivalents. This parity ensures the stability of the USDP, shielding it from the erratic price movements common in the crypto market.

USDP operates on blockchain technology, the same decentralised, distributed ledger system that underlies cryptocurrencies like Bitcoin and Ethereum.

USDP can be used for various financial transactions, like trading on cryptocurrency exchanges, buying things, and as a form of savings. 

## Stability and Security

[The Paxos Trust Company](https://paxos.com/stablecoin-terms-conditions/) says that Pax Dollars are fully backed by cash and cash equivalents, maintaining a 1:1 peg to the US dollar. This stability makes them an attractive choice for risk-averse investors. Unlike volatile cryptocurrencies, USDP offers a reliable store of value, especially during market downturns.

## Instant Redemption

If you ever need to convert your USDP back to US dollars, you can do so instantly through Paxos. This allows investors to move seamlessly between crypto and fiat.

## Lower Transaction Costs

Traditional banking systems often charge hefty fees for cross-border transactions. In the [USDP Whitepaper](https://424565.fs1.hubspotusercontent-na1.net/hubfs/424565/USDP-White-Paper.pdf), they say, “Pax Dollar essentially could remove cross-border transaction fees, allowing commerce and trade to occur more fluidly. This improvement alone to the current system could unlock billions in foreign exchange fees.”

Whether users are sending money to family overseas or conducting business internationally, USDP can save users money on transaction fees.

## Hedging Against Volatility

Cryptocurrencies are notorious for their price volatility. By holding Pax Dollars, users can hedge against sudden market swings when the crypto market experiences turbulence.

## Conclusion

In summary, Pax Dollars combine the advantages of blockchain technology and the stability of fiat currency. Paxos Standard is a stablecoin that maintains a 1:1 peg to the US dollar, claiming stability and regulatory compliance. Paxos Dollars is regulated by the New York State Department of Financial Services. This regulatory approval helps its stability as a stablecoin pegged to the US dollar.

## How to Buy Pax Dollars (USDP)

Sign Up for CoinJar: Download the CoinJar app on iOS or Android. 

Create an account and verify your identity.

Deposit Funds: Transfer funds from your bank account to CoinJar.

Buy Pax Dollar (USDP): Once your funds are in CoinJar, navigate to the trading section. 

Search for “Pax Dollar” or “USDP.” Choose the amount of USDP you want to purchase. Confirm the transaction.

Secure Storage: After buying USDP, consider transferring it to a secure wallet. Hardware wallets or non-custodial wallets provide high level of security for a crypto asset.


Pax Dollar

Why Invest in Pax Dollars (USDP)?

Why do investors buy Pax Dollars (USDP)? The Pax Dollar, often abbreviated as USDP, belongs to the category of [stablecoins.](https://www.coinjar.com/uk/learn/what-is-a-stablecoin) 

A stablecoin is a cryptocurrency that is “pegged” to an asset considered stable, like gold or a fiat currency, like the Euro or the US Dollar. The primary purpose of stablecoins is to provide stability in an otherwise volatile cryptocurrency market.

## How USDP Works

USDP is issued by [Paxos Trust Company,](https://paxos.com/) a financial institution. Paxos Trust Company holds a charter from NYDFS, ensuring compliance with US financial regulations. It is backed one-to-one by US Dollars. 

For every USDP in circulation, Paxos says that there is an equivalent US Dollar held in reserve by them. This parity ensures the stability of the USDP, shielding it from the erratic price movements common in the crypto market.

USDP operates on blockchain technology, the same decentralised, distributed ledger system that underlies cryptocurrencies like Bitcoin and Ethereum.

USDP can be used for various financial transactions, like trading on cryptocurrency exchanges, buying things, and as a form of savings.

## Stability and Protection

The Paxos Trust Company [aims](https://paxos.com/stablecoin-terms-conditions/) to ensure that Pax Dollars are fully backed by cash and cash equivalents, maintaining a 1:1 peg to the US dollar. 

This stability makes them an attractive choice for risk-averse investors. Unlike volatile cryptocurrencies, USDP offers a reliable store of value, especially during market downturns.

## Instant Redemption

If you ever need to convert your USDP back to US dollars, you can do so instantly through Paxos. This allows investors to move seamlessly between crypto and fiat.

## Competitive Transaction Costs

Traditional banking systems often charge hefty fees for cross-border transactions. In the [USDP Whitepaper,](https://424565.fs1.hubspotusercontent-na1.net/hubfs/424565/USDP-White-Paper.pdf) they say, “Pax Dollar essentially could remove cross-border transaction fees, allowing commerce and trade to occur more fluidly. This improvement alone to the current system could unlock billions in foreign exchange fees.”

Whether users are sending money to family overseas or conducting business internationally, USDP can save users money on transaction fees.

## Hedging Against Volatility

Cryptocurrencies are notorious for their price volatility. By holding Pax Dollars, users can hedge against sudden market swings. When the crypto market experiences turbulence.

## Conclusion

In summary, Pax Dollars combine the advantages of blockchain technology and the stability of fiat currency. Paxos Standard is a stablecoin that aims to maintain a 1:1 peg to the US dollar. 

## How to Buy Pax Dollars (USDP)

Sign Up for CoinJar: Download the CoinJar app on iOS or Android. 

Create an account and verify your identity. UK residents are required to do an assessment and then wait 24 hours (see below).

New customers are also required under local regulations to wait 24-hours as a “cooling off” period (from account creation), before their account is active (i.e. to deposit, trade, withdraw etc.).

Deposit Funds: Transfer funds from your bank account to CoinJar using one of the following methods:

Bank Transfer: Link your bank account and transfer funds directly.

PayID: Use your PayID to transfer funds instantly.

Osko: Make timely payments using the Osko network.

How to buy Pax Dollar (USDP): Once your funds are in CoinJar, navigate to the trading section. Search for “Pax Dollar” or “USDP.” Choose the amount of USDP you want to purchase. Confirm the transaction.

Protected Storage: After buying USDP, consider transferring it to a wallet with a certain level of protection. 

CoinJar Wallet: CoinJar provides its own wallet service. It is convenient, however being an online wallet there is a risk that it may be a victim of a cyberattack. Online wallets are also called “hot wallets”.

External Wallets: If you want to hold on to your Bitcoin for a while, you can transfer your Bitcoin to an external wallet. 

Hardware wallets are also known as “cold wallets” (like Ledger or Trezor) and these are effective for long-term storage as they are offline and seriously difficult to hack.

CoinJar has been operating since 2013. CoinJar keep the vast majority of customer assets in cold storage or [private multi-sig wallets](https://www.coinjar.com/au/learn/how-to-store-crypto) and maintain full currency reserves at all times.




Why do investors buy Pax Dollars (USDP)? The Pax Dollar, often abbreviated as USDP, belongs to the category of [stablecoins](https://www.coinjar.com/au/learn/what-is-a-stablecoin). 

A stablecoin is a cryptocurrency that is “pegged” to an asset considered stable, like gold or a fiat currency, like the Euro or the US Dollar. The primary purpose of stablecoins is to provide stability in an otherwise volatile cryptocurrency market.

## How USDP Works

USDP is issued by [Paxos Trust Company](https://paxos.com/), a regulated financial institution. It is backed one-to-one by US Dollars. For every USDP in circulation, Paxos says that they hold an equivalent amount in cash and cash equivalents. This parity ensures the stability of the USDP, shielding it from the erratic price movements common in the crypto market.

USDP operates on blockchain technology, the same decentralised, distributed ledger system that underlies cryptocurrencies like Bitcoin and Ethereum.

USDP can be used for various financial transactions, like trading on cryptocurrency exchanges, and as a form of savings. 

## Stability and Security

The [Paxos Trust Company](https://paxos.com/stablecoin-terms-conditions/) says that Pax Dollars are fully backed by cash and cash equivalents, maintaining a 1:1 peg to the US dollar. This stability makes them an attractive choice for risk-averse investors. Unlike volatile cryptocurrencies, USDP offers a reliable store of value, especially during market downturns.

## Instant Redemption

If you ever need to convert your USDP back to US dollars, you can do so instantly through Paxos. This allows investors to move seamlessly between crypto and fiat.
## Lower Transaction Costs

Traditional banking systems often charge hefty fees for cross-border transactions. In the [USDP Whitepaper](https://424565.fs1.hubspotusercontent-na1.net/hubfs/424565/USDP-White-Paper.pdf), they say, “Pax Dollar essentially could remove cross-border transaction fees, allowing commerce and trade to occur more fluidly. This improvement alone to the current system could unlock billions in foreign exchange fees.”

Whether users are sending money to family overseas or conducting business internationally, USDP can save users money on transaction fees.

## Hedging Against Volatility

Cryptocurrencies are notorious for their price volatility. By holding Pax Dollars, users can hedge against sudden market swings when the crypto market experiences turbulence.

## Conclusion

In summary, Pax Dollars combine the advantages of blockchain technology and the stability of fiat currency. Pax Dollars is a stablecoin that maintains a 1:1 peg to the US dollar, claiming stability and regulatory compliance. Pax Dollars is subject to regulatory oversight by the New York State Department of Financial Services. 

## How to Buy Pax Dollars (USDP)

Sign Up for CoinJar: Download the CoinJar app on iOS or Android. 

Create an account and verify your identity.

Deposit Funds: Transfer funds from your bank account to CoinJar using one of the following methods:

Bank Transfer: Link your bank account and transfer funds directly.

PayID: Use your PayID to transfer funds instantly.

Osko: Make fast payments using the Osko network.

Buy Pax Dollar (USDP): Once your funds are in CoinJar, navigate to the trading section. Search for “Pax Dollar” or “USDP.” Choose the amount of USDP you want to purchase. Confirm the transaction.

Secure Storage: After buying USDP, consider transferring it to a secure wallet. Hardware wallets or non-custodial wallets provide high level of security for a crypto asset.


ALGO is a cryptocurrency which is a part of a larger ecosystem of digital currencies. It is the native token of the decentralized blockchain network of Algorand. It was created to address some of the limitations of other [cryptocurrencies](https://www.coinjar.com/global/learn/what-is-crypto), such as slow transaction speeds and high energy consumption. Want to buy ALGO? Then read on!

## What is Algorand? How does Algorand work?

Algorand uses a technology called blockchain. It is like a database that records all transactions. Each transaction is a “block,” and these blocks are linked together in a chain.

Algorand’s blockchain is designed to be fast and efficient. It can process thousands of transactions per second, which is optimal for everyday use. 

Algorand aims to be a platform for creating new financial products and services. Algorand’s architecture allows it to handle a large number of transactions without slowing down. This scalability is crucial for widespread adoption.

## What is ALGO?

ALGO (the native token of Algorand) can be used to make payments, just like using Dollars or Pounds. 

As an investment, ALGO has been on a wild ride. The all-time high price for Algorand was US$3.56, on June 20, 2019. The all-time low price for ALGO was $0.08751, in September 2023. At the time of writing (04 April 2024) the price of ALGO is US$0.24. So ALGO has had its [ups and downs.](https://www.coingecko.com/en/coins/algorand)

There’s another way to look at this though, which is that when prices are low, some people think that it is a good time to buy in case the prices shoot up again. Others, however find the volatility in price is not their thing.

## Algorand uses
 
Algorand hosts various [DeFi](https://www.coinjar.com/global/learn/what-is-defi) applications, such as lending, borrowing, and trading. Some of these are truly innovative, especially in the financial sector.

Algorand also allows users to create their own digital assets (tokens) on its platform. These tokens can represent anything from real estate to gold, to loyalty points.

## Cool stuff on Algorand

### Meld Gold

[Meld Gold](https://www.meld.gold/) is a dApp that runs on Algorand. Meld offers digital certificates backed by physical precious metals, including gold and silver. These tokens, such as GOLD$, represent real-world assets and are fully redeemable for their corresponding physical counterparts.

Each Meld Token equates to one gram of the respective precious metal. These grams are securely stored in a network of vaults and facilities.

Algorand’s technology makes sure that Meld can operate in an environment that is secure, fast, private, and uses smart contracts for seamless and transparent transactions across different asset classes, making it an ideal fit for digitizing gold.

Another advantage is low fees (around US$0.0003 per transaction at the time of writing), making it cost-effective compared to other systems like Visa or Ethereum.

In collaboration with Algorand, Meld Gold modernises the gold industry, bridging the gap between the physical and virtual worlds.

### Spindle

[Spindle](https://www.spindle-asa.com/) puts experimental fiction on the blockchain using the Algorand ecosystem. Its goal is to provide a platform for fiction authors to publish their stories in innovative ways. 

These methods include incorporating multimedia elements, enabling audience participation, and using new payment systems. 

By using Algorand, Spindle aims to give authors more control over their narratives and profits.

### Nexus

[Nexus](https://www.nexusasa.info/) is a platform for decentralized trading and marketplace activities. The platform eliminates concerns related to scams and uncertainty by requiring both parties to provide collateral before completing an exchange.

It operates on the Algorand blockchain and employs an escrow smart contract to facilitate secure transactions between buyers and sellers. 

This smart contract ensures trust and transparency during transactions, whether it is for in-game currency, services, NFTs, or physical items.

## Who founded Algorand?

It was founded by [Silvio Micali,](https://www.youtube.com/watch?v=zNdhgOk4-fE&t=319s) a Turing Award-winning cryptographer and MIT professor. He graduated in mathematics from La Sapienza University of Rome in 1978 and earned a PhD in computer science from the University of California in 1982.

## How does Algorand work?

Algorand is a decentralized blockchain network designed to address the critical challenges faced by existing blockchains: Scalability, security, and decentralization. Let’s delve into the key aspects of Algorand.

### Pure Proof of Stake (PPoS)

Algorand’s consensus mechanism, known as Pure Proof of Stake (PPoS), eliminates the need for energy-intensive mining. Unlike traditional proof-of-work (PoW) systems, Algorand achieves consensus through a Byzantine agreement protocol. This ensures fast transaction confirmation, low fees, and minimal environmental impact.

### Scalability and finality

Algorand boasts impressive transaction speeds of up to 6,000 transactions per second (TPS) with finality achieved in under 5 seconds. Whether you’re transferring assets, executing smart contracts, or participating in DeFi, Algorand’s efficiency is known as a seamless experience.

### ALGO: The native cryptocurrency

ALGO serves as Algorand’s native cryptocurrency. It plays a crucial role in securing the network, rewarding validators, and facilitating transactions. With a fixed supply of 10 billion ALGO, scarcity and anti-inflation mechanisms are built into the ecosystem.

## Why Buy ALGO?

### Innovative technology

Algorand’s PPoS consensus mechanism and layer-1 smart contract support means that it is an interesting choice for developers and businesses, and it is a viable alternative to Ethereum.

### Network participation

ALGO holders receive participation rewards, ensuring active engagement and alignment of interests. The finite supply adds scarcity, which may appeal to long-term investors.

### Energy efficiency

Algorand’s low energy consumption per transaction sets it apart from energy-intensive PoW blockchains like Bitcoin. 

## How to Buy Algorand (ALGO) on CoinJar

If you’re interested in buying some ALGO, CoinJar provides a straightforward process. 

Download the CoinJar App: First, download the CoinJar app on your iOS or Android device. You can find it on the respective app stores.

Create an Account: Sign up for a CoinJar account within the app.

Complete the verification process, which typically takes just a few minutes.

Make a Purchase: Once your account is set up, you’re ready to buy ALGO.

Choose your preferred payment method: Cash or Credit Card: CoinJar allows you to purchase ALGO instantly using Visa or Mastercard. If you prefer bank transfers, CoinJar supports these options too.

Crypto-to-Crypto: Convert other cryptocurrencies to ALGO with a single click.

Start Building Your Portfolio: You can buy Bitcoin, ALGO, and nearly 50 other cryptos directly from the app.


Currency=ALGO.svg

Buy Algorand (ALGO) in the USA: ALGO is a cryptocurrency which is a part of a larger ecosystem of digital currencies. It is the native token of the decentralized blockchain network of Algorand. 

It was created to address some of the limitations of other [cryptocurrencies](https://www.coinjar.com/learn/what-is-crypto), such as slow transaction speeds and high energy consumption. Want to buy ALGO? Then read on!

## What is Algorand? How does Algorand work?

Algorand uses a technology called blockchain. It is like a database that records all transactions. Each transaction is a “block,” and these blocks are linked together in a chain.

Algorand’s blockchain is designed to be fast and efficient. It can process thousands of transactions per second, which is optimal for everyday use. 

Algorand aims to be a platform for creating new financial products and services. Algorand’s architecture allows it to handle a large number of transactions without slowing down. This scalability is crucial for widespread adoption.

## What is ALGO?

ALGO (the native token of Algorand) can be used to make payments, just like using Dollars or Pounds. 

As an investment, ALGO has been on a wild ride. The all-time high price for Algorand was $3.56, on June 20, 2019. The all-time low price for ALGO was $0.08751, in September 2023. 

At the time of writing (04 April 2024) the price of ALGO is $0.24. So ALGO has had its [ups and downs.](https://www.coingecko.com/en/coins/algorand)

There’s another way to look at this though, which is that when prices are low, some people think that it is a good time to buy in case the prices shoot up again. Others, however find the volatility in price is not their thing.

## Algorand uses

Algorand hosts various [DeFi](https://www.coinjar.com/learn/what-is-defi) applications, such as lending, borrowing, and trading. Some of these are truly innovative, especially in the financial sector.

Algorand also allows users to create their own digital assets (tokens) on its platform. These tokens can represent anything from real estate to gold, to loyalty points.

## Cool stuff on Algorand

### Meld Gold

[Meld Gold](https://www.meld.gold/) is a dApp that runs on Algorand. Meld offers digital certificates backed by physical precious metals, including gold and silver. These tokens, such as GOLD$, represent real-world assets and are fully redeemable for their corresponding physical counterparts.

Each Meld Token equates to one gram of the respective precious metal. These grams are securely stored in a network of vaults and facilities.

Algorand’s technology makes sure that Meld can operate in an environment that is secure, fast, private, and uses smart contracts for seamless and transparent transactions across different asset classes, making it an ideal fit for digitizing gold.

Another advantage is low fees (around $0.0003 per transaction at the time of writing), making it cost-effective compared to other systems like Visa or Ethereum.

In collaboration with Algorand, Meld Gold modernises the gold industry, bridging the gap between the physical and virtual worlds.

### Spindle

[Spindle](https://www.spindle-asa.com/) puts experimental fiction on the blockchain using the Algorand ecosystem. Its goal is to provide a platform for fiction authors to publish their stories in innovative ways. 

These methods include incorporating multimedia elements, enabling audience participation, and using new payment systems. 

By using Algorand, Spindle aims to give authors more control over their narratives and profits.

### Nexus

[Nexus](https://www.nexusasa.info/) is a platform for decentralized trading and marketplace activities. The platform eliminates concerns related to scams and uncertainty by requiring both parties to provide collateral before completing an exchange.

It operates on the Algorand blockchain and employs an escrow smart contract to facilitate secure transactions between buyers and sellers. 

This smart contract ensures trust and transparency during transactions, whether it is for in-game currency, services, NFTs, or physical items.

## Who founded Algorand?

It was founded by [Silvio Micali,](https://www.youtube.com/watch?v=zNdhgOk4-fE&t=319s) a Turing Award-winning cryptographer and MIT professor. He graduated in mathematics from La Sapienza University of Rome in 1978 and earned a PhD in computer science from the University of California in 1982.

### ALGO: The native cryptocurrency

ALGO serves as Algorand’s native cryptocurrency. It plays a crucial role in securing the network, rewarding validators, and facilitating transactions. With a fixed supply of 10 billion ALGO, scarcity and anti-inflation mechanisms are built into the ecosystem.

## Why Buy ALGO?

ALGO holders receive participation rewards, ensuring active engagement and alignment of interests. The finite supply adds scarcity, which may appeal to long-term investors.

Algorand’s low energy consumption per transaction sets it apart from energy-intensive PoW blockchains like Bitcoin. 

## How to Buy Algorand (ALGO) on CoinJar

If you’re interested in the Algorand Network, and want to purchase Algorand, read on.

First, download the CoinJar app on your iOS or Android device. Sign up for a CoinJar account within the app. Complete the verification process.

Once your account is set up, you’re ready to buy ALGO. Enter the amount you want to buy.

Choose your preferred payment method: Cash or Credit Card: CoinJar allows you to purchase ALGO instantly using Visa or Mastercard. If you prefer bank transfers, you can fund your purchase via your bank account.



Algorand

Why investors buy Algorand (ALGO): ALGO is a [cryptocurrency](https://www.coinjar.com/uk/learn/what-is-crypto) which is a part of a larger ecosystem of digital currencies, and is the native token of the decentralised blockchain network of Algorand. It was created to address some of the limitations of other cryptocurrencies, such as inefficient transaction speeds and high energy consumption.

## What is Algorand? How does Algorand work?

Algorand uses a technology called blockchain. It is like a database that records all transactions. Each transaction is a “block,” and these blocks are linked together in a chain.

Algorand’s blockchain is designed to be operationally efficient. It can process thousands of transactions per second, which is optimal for everyday use. 

Algorand aims to be a platform for creating new financial products and services. Algorand’s architecture allows it to handle a large number of transactions in an efficient manner. This scalability is crucial for widespread adoption.

## What is ALGO?

ALGO (the native token of Algorand) can be used to make payments, just like using Dollars or Pounds. 

As an investment, ALGO has been on [a wild ride](https://www.coingecko.com/en/coins/algorand). The all-time high price for Algorand was US$3.56, on June 20, 2019. The all-time low price for ALGO was $0.08751, in September 2023. At the time of writing (April 04, 2024) the price of ALGO is US$0.24. So ALGO has had its ups and downs.

There’s another way to look at this though, which is that when prices are low, some people think that it is a good time to buy in case the prices shoot up again. However, others don’t prefer more volatile coins.

## Algorand uses
 
Algorand hosts various [DeFi applications](https://www.coinjar.com/uk/learn/what-is-defi), such as lending, borrowing, and trading. Some of these are truly innovative, especially in the financial sector.

Algorand also allows users to create their own digital assets (tokens) on its platform. These tokens can represent anything from real estate to gold, to loyalty points.

## Cool stuff on Algorand

### Meld Gold

[Meld Gold](https://www.meld.gold/) is a dApp that runs on Algorand. Meld offers digital certificates backed by physical precious metals, including gold and silver. These tokens, such as GOLD$, represent real-world assets and are fully redeemable for their corresponding physical counterparts.

Each Meld Token equates to one gram of the respective precious metal. These grams are protectively stored in a network of vaults and facilities.

Algorand’s technology makes sure that Meld can operate in an environment that is protected, processes transactions/movements efficiently, is private, and uses smart contracts for seamless and transparent transactions across different asset classes, making it an ideal fit for digitising gold.

Another advantage is competitive fees (around US$0.0003 per transaction at the time of writing April 04, 2024), making it cost-effective compared to other systems like Visa or Ethereum.

In collaboration with Algorand, Meld Gold modernises the gold industry, bridging the gap between the physical and virtual worlds.

###Spindle

[Spindle](https://www.spindle-asa.com/) puts experimental fiction on the blockchain using the Algorand ecosystem. Its goal is to provide a platform for fiction authors to publish their stories in innovative ways. 

These methods include incorporating multimedia elements, enabling audience participation, and using new payment systems. 

By using Algorand, Spindle aims to give authors more control over their narratives and possibly a positive investor return.

### Nexus

[Nexus](https://www.nexusasa.info/) is a platform for decentralised trading and marketplace activities. The platform eliminates concerns related to scams and uncertainty by requiring both parties to provide collateral before completing an exchange.

It operates on the Algorand blockchain and employs an escrow smart contract to facilitate protected transactions between buyers and sellers. 

This smart contract ensures trust and transparency during transactions, whether it is for in-game currency, services, NFTs, or physical items.

## Who founded Algorand?

It was founded by [Silvio Micali](https://www.youtube.com/watch?v=zNdhgOk4-fE&t=319s), a Turing Award-winning cryptographer and MIT professor. He graduated in mathematics from La Sapienza University of Rome in 1978 and earned a PhD in computer science from the University of California in 1982.

## How does Algorand work?

Algorand is a decentralised blockchain network designed to address the critical challenges faced by existing blockchains: scalability, protection, and decentralisation. Let’s delve into the key aspects of Algorand.

### Pure Proof of Stake (PPoS)

Algorand’s consensus mechanism, known as Pure Proof of Stake (PPoS), eliminates the need for energy-intensive mining. Unlike traditional proof-of-work (PoW) systems, Algorand achieves consensus through a Byzantine agreement protocol. This ensures better performing transaction confirmation, competitive fees, and minimal environmental impact.

### Scalability and finality

Algorand boasts impressive transaction speeds of up to 6,000 transactions per second (TPS) with finality achieved in under 5 seconds. Whether you’re transferring assets, executing smart contracts, or participating in DeFi, Algorand’s efficiency is known as a seamless experience.

### ALGO: The native cryptocurrency

ALGO serves as Algorand’s native cryptocurrency. It plays a crucial role in protecting the network, rewarding validators, and facilitating transactions. With a fixed supply of 10 billion ALGO, scarcity and anti-inflation mechanisms are built into the ecosystem.

## Why do investors buy ALGO?

### Innovative technology

Algorand’s PPoS consensus mechanism and layer-1 smart contract support means that it is an interesting choice for developers and businesses, and it is a viable alternative to Ethereum.

### Network participation

ALGO holders receive participation rewards, ensuring active engagement and alignment of interests. The finite supply adds scarcity, which may appeal to long-term investors.

### Energy efficiency

Algorand’s minimal energy consumption per transaction sets it apart from energy-intensive PoW blockchains like Bitcoin. 

## How to Buy Algorand (ALGO) on CoinJar

If you’re interested in buying some ALGO, CoinJar provides a user-friendly  process. 

### Download the CoinJar app

First, download the CoinJar app on your iOS or Android device. You can find it on the respective app stores.

Create an Account: Sign up for a CoinJar account within the app.

Complete the verification process, which typically takes just a few minutes. UK residents are required to take a quiz and then wait 24 hours (see below).

### Make a purchase

Once your account is set up, you’re able to buy ALGO.

Choose your preferred payment method: Cash or card. CoinJar allows you to purchase ALGO instantly using Visa or Mastercard. 

If you prefer bank transfers, CoinJar supports these options too. 

Note the standard credit card warning at the bottom of this article.

Crypto-to-Crypto: Convert other cryptocurrencies to ALGO with a single click.

Start Building Your Portfolio: You can buy Bitcoin, ALGO, and nearly 50 other cryptos directly from the app.

Note the standard risk warning at the bottom of this article.




ALGO is a cryptocurrency which is a part of a larger ecosystem of digital currencies. It is the native token of the decentralised blockchain network of Algorand. It was created to address some of the limitations of other [cryptocurrencies](https://www.coinjar.com/au/learn/what-is-crypto), such as slow transaction speeds and high energy consumption. Want to buy ALGO? Then read on!

## What is Algorand? How does Algorand work?

Algorand uses a technology called blockchain. It is like a database that records all transactions. Each transaction is a “block,” and these blocks are linked together in a chain.

Algorand’s blockchain is designed to be fast and efficient. It can process thousands of transactions per second, which is optimal for everyday use. 

Algorand aims to be a platform for creating new financial products and services. Algorand’s architecture allows it to handle a large number of transactions without slowing down. This scalability is crucial for widespread adoption.

## What is ALGO?

ALGO (the native token of Algorand) can be used to make payments, just like using Dollars or Pounds. 

As an investment, ALGO has been on a wild ride. The all-time high price for Algorand was US$3.56, on June 20, 2019. The all-time low price for ALGO was $0.08751, in September 2023. At the time of writing (04 April 2024) the price of ALGO is US$0.24. So ALGO has had its [ups and downs.](https://www.coingecko.com/en/coins/algorand)

There’s another way to look at this though, which is that when prices are low, some people think that it is a good time to buy in case the prices shoot up again. Others, however find the volatility in price is not their thing.

## Algorand uses
 
Algorand hosts various [DeFi](https://www.coinjar.com/au/learn/what-is-defi) applications, such as lending, borrowing, and trading. Some of these are truly innovative, especially in the financial sector.

Algorand also allows users to create their own digital assets (tokens) on its platform. These tokens can represent anything from real estate to gold, to loyalty points.

## Cool stuff on Algorand

### Meld Gold

[Meld Gold](https://www.meld.gold/) is a dApp that runs on Algorand. Meld offers digital certificates backed by physical precious metals, including gold and silver. These tokens, such as GOLD$, represent real-world assets and are fully redeemable for their corresponding physical counterparts.

Each Meld Token equates to one gram of the respective precious metal. These grams are securely stored in a network of vaults and facilities.

Algorand’s technology makes sure that Meld can operate in an environment that is secure, fast, private, and uses smart contracts for seamless and transparent transactions across different asset classes, making it an ideal fit for digitising gold.

Another advantage is low fees (around $0.0003 per transaction at the time of writing), making it cost-effective compared to other systems like Visa or Ethereum.

In collaboration with Algorand, Meld Gold modernises the gold industry, bridging the gap between the physical and virtual worlds.

### Spindle

[Spindle](https://www.spindle-asa.com/) puts experimental fiction on the blockchain using the Algorand ecosystem. Its goal is to provide a platform for fiction authors to publish their stories in innovative ways. 

These methods include incorporating multimedia elements, enabling audience participation, and using new payment systems. 

By using Algorand, Spindle aims to give authors more control over their narratives and profits.

### Nexus

[Nexus](https://www.nexusasa.info/) is a platform for decentralised trading and marketplace activities. The platform eliminates concerns related to scams and uncertainty by requiring both parties to provide collateral before completing an exchange.

It operates on the Algorand blockchain and employs an escrow smart contract to facilitate secure transactions between buyers and sellers. 

This smart contract ensures trust and transparency during transactions, whether it is for in-game currency, services, NFTs, or physical items.

## Who founded Algorand?

It was founded by [Silvio Micali,](https://www.youtube.com/watch?v=zNdhgOk4-fE&t=319s) a Turing Award-winning cryptographer and MIT professor. He graduated in mathematics from La Sapienza University of Rome in 1978 and earned a PhD in computer science from the University of California in 1982.

## How does Algorand work?

Algorand is a decentralised blockchain network designed to address the critical challenges faced by existing blockchains: scalability, security, and decentralisation. Let’s delve into the key aspects of Algorand:

### Pure Proof of Stake (PPoS)

Algorand’s consensus mechanism, known as Pure Proof of Stake (PPoS), eliminates the need for energy-intensive mining. Unlike traditional proof-of-work (PoW) systems, Algorand achieves consensus through a Byzantine agreement protocol. This ensures fast transaction confirmation, low fees, and minimal environmental impact.

### Scalability and finality

Algorand boasts impressive transaction speeds of up to 6,000 transactions per second (TPS) with finality achieved in under 5 seconds. Whether you’re transferring assets, executing smart contracts, or participating in DeFi, Algorand’s efficiency is known as a seamless experience.

### ALGO: The native cryptocurrency

ALGO serves as Algorand’s native cryptocurrency. It plays a crucial role in securing the network, rewarding validators, and facilitating transactions. With a fixed supply of 10 billion ALGO, scarcity and anti-inflation mechanisms are built into the ecosystem.

## Why Buy ALGO?

### Innovative technology

Algorand’s PPoS consensus mechanism and layer-1 smart contract support means that it is an interesting choice for developers and businesses, and it is a viable alternative to Ethereum.

### Network participation

ALGO holders receive participation rewards, ensuring active engagement and alignment of interests. The finite supply adds scarcity, which may appeal to long-term investors.

### Energy efficiency

Algorand’s low energy consumption per transaction sets it apart from energy-intensive PoW blockchains like Bitcoin. 

## How to Buy Algorand (ALGO) on CoinJar

If you’re interested in buying some ALGO, CoinJar provides a straightforward process. 

Download the CoinJar App: First, download the CoinJar app on your iOS or Android device. You can find it on the respective app stores.

Create an Account: Sign up for a CoinJar account within the app.

Complete the verification process, which typically takes just a few minutes.

Make a Purchase: Once your account is set up, you’re ready to buy ALGO.

Choose your preferred payment method: Cash or Credit Card: CoinJar allows you to purchase ALGO instantly using Visa or Mastercard. If you prefer bank transfers, CoinJar supports these options too.

Crypto-to-Crypto: Convert other cryptocurrencies to ALGO with a single click.

Start Building Your Portfolio: You can buy Bitcoin, ALGO, and nearly 50 other cryptos directly from the app.


EOS is a blockchain platform designed for decentralized applications (DApps) and smart contracts. Want to know how to buy [EOS](https://www.coinjar.com/global/learn/what-is-crypto)? Let’s talk about what the platform does, its native cryptocurrency, and how to buy it on CoinJar. 

## What is EOS?

EOS, short for “Enterprise Operating System,” aims to provide a scalable and user-friendly platform for dApps. It was developed by a private company called Block.one and launched in 2018. 

At the time of its launch, it was a promising smart contract platform aiming to challenge Ethereum’s dominance.

The initial coin offering (ICO) raised a [record-breaking](https://coincodex.com/ico/eos/) US$4.1 billion. (An ICO is a way for new cryptocurrency projects to raise funds.)

However, after the ICO, development did not live up to expectations. The community eagerly awaited the promised advancements but saw little progress. Some community members felt that the owner of EOS, Block.one, did not fulfil its commitments, leading to disappointment and frustration.

Despite the massive ICO, development stagnated, and the ecosystem faced challenges. 

Since then, EOS has overcome past challenges and adapted to present demands since its inception.

While it no longer holds its former top-10 position, the community has taken back control and is determined to restore the platform to its former glory.

Despite setbacks, EOS enthusiasts continue to work towards revitalising the platform.

## Cool things

A quick look through the [top dApps](https://dappradar.com/rankings/protocol/eos) on the network is an interesting read of how people are using the platform.

### Upland

A popular play-to-earn game on EOS, [Upland](https://guides.upland.me/getting-started/) lets players buy, sell, and flip virtual real estate in simulated cities. It blurs the line between a game and an alternative space for work and socialising.

### AtomicHub

A high-scale NFT platform, [AtomicHub](https://wax.atomichub.io/) is used by millions worldwide. It includes an NFT Explorer, Marketplace, Trading interface, and Creator.

### Prospectors
This is an [economic strategy game](https://prospectors.io/) set in the 19th-century Gold Rush era, where players mine resources, build structures, and trade.

### Defibox

[Defibox](https://defibox.io/) is a decentralized finance (DeFi) project offering features like lending, swapping, and staking.

## How to Buy EOS on CoinJar

Create an account: If you don’t have a CoinJar account, sign up on their website. Verify your identity as required.

Deposit funds: Deposit funds into your CoinJar account using your preferred payment method (bank transfer, credit card, etc.).

Navigate to the crypto of choice: Once your account is funded, go to the CoinJar platform and search for it.

Buy: Select the amount you want to purchase and complete the transaction. You can use dollars or other supported fiat currencies.

Secure your crypto: After buying your crypto of choice, you can transfer it to a secure wallet (but you can also just keep it on CoinJar as well). Hardware wallets or software wallets with strong security features are recommended.

### Buy EOS: Conclusion

EOS is a platform for DApps and smart contracts. By understanding its features and following the steps above, you can easily buy it on CoinJar and participate in the EOS ecosystem.


Currency=EOS.svg

EOS is a blockchain platform designed for decentralized applications (DApps) and smart contracts. Want to know how to buy [EOS](https://www.coinjar.com/learn/what-is-crypto)? Let’s talk about what the platform does, its native cryptocurrency, and how to buy it on CoinJar. 

## What is EOS?

EOS, short for “Enterprise Operating System,” aims to provide a scalable and user-friendly platform for dApps. It was developed by a private company called Block.one and launched in 2018. 

At the time of its launch, it was a promising smart contract platform aiming to challenge Ethereum’s dominance.

The initial coin offering (ICO) raised a [record-breaking](https://coincodex.com/ico/eos/) $4.1 billion. (An ICO is a way for new cryptocurrency projects to raise funds.)

However, after the ICO, development did not live up to expectations. The community eagerly awaited the promised advancements but saw little progress. Some community members felt that the owner of EOS, Block.one, did not fulfil its commitments, leading to disappointment and frustration.

Despite the massive ICO, development stagnated, and the ecosystem faced challenges. 

Since then, EOS has overcome past challenges and adapted to present demands since its inception.

While it no longer holds its former top-10 position, the community has taken back control and is determined to restore the platform to its former glory.

Despite setbacks, EOS enthusiasts continue to work towards revitalising the platform.

## Cool things

A quick look through the [top dApps](https://dappradar.com/rankings/protocol/eos) on the network is an interesting read of how people are using the platform.

### Upland

A popular play-to-earn game on EOS, [Upland](https://guides.upland.me/getting-started/) lets players buy, sell, and flip virtual real estate in simulated cities. It blurs the line between a game and an alternative space for work and socialising.

### AtomicHub

A high-scale NFT platform, [AtomicHub](https://wax.atomichub.io/) is used by millions worldwide. It includes an NFT Explorer, Marketplace, Trading interface, and Creator.

### Prospectors
This is an [economic strategy game](https://prospectors.io/) set in the 19th-century Gold Rush era, where players mine resources, build structures, and trade.

### Defibox

[Defibox](https://defibox.io/) is a decentralized finance (DeFi) project offering features like lending, swapping, and staking.

## How to Buy EOS on CoinJar

Create an account: If you don’t have a CoinJar account, sign up on their website. Verify your identity as required.

Deposit funds: Deposit funds into your CoinJar account using your preferred payment method (bank transfer, credit card, etc.).

Navigate to the crypto of choice: Once your account is funded, go to the CoinJar platform and search for it.

Buy: Select the amount you want to purchase and complete the transaction. You can use  dollars (USD) or other supported fiat currencies.

Secure your crypto: After buying your crypto of choice, you can transfer it to a secure wallet (but you can also just keep it on CoinJar as well). Hardware wallets or software wallets with strong security features are recommended.

### Buy EOS: Conclusion

EOS is a platform for DApps and smart contracts. By understanding its features and following the steps above, you can easily buy it on CoinJar and participate in the EOS ecosystem.


Why investors buy EOS: EOS is a blockchain platform designed for decentralised applications (DApps) and smart contracts. Let’s talk about what the platform does, its native [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto), and how to buy it on CoinJar.

## What is EOS?

EOS, short for “Enterprise Operating System,” aims to provide a scalable and user-friendly platform for dApps. It was developed by a private company called Block.one and launched in 2018. 

At the time of its launch, it was a promising smart contract platform aiming to challenge Ethereum’s dominance.

The initial coin offering (ICO) raised a [record-breaking](https://coincodex.com/ico/eos/) US$4.1 billion. (An ICO is a way for new cryptocurrency projects to raise funds.)

However, after the ICO, many believed development did not live up to expectations. The community eagerly awaited the promised advancements but saw little progress. Some community members felt that Block.one did not fulfil its commitments, leading to disappointment and frustration.

Despite the massive ICO, development stagnated, and the ecosystem faced challenges. 

## Challenges

Since then, EOS has overcome past challenges and adapted to present demands since its inception.

While it no longer holds its former top-10 position, the community has taken back control and is determined to restore the platform to its former glory.

See standard risk warning at the end of this article. 

Despite setbacks, EOS enthusiasts continue to work towards revitalising the platform.

## Cool things

A quick look through the [top dApps on the network](https://dappradar.com/rankings/protocol/eos) is an interesting read of how people are using the platform.

### Upland

A popular play-to-earn game on EOS, [Upland](https://guides.upland.me/getting-started/) lets players buy, sell, and flip virtual real estate in simulated cities. It blurs the line between a game and an alternative space for work and socialising.

### AtomicHub

A high-scale NFT platform, [AtomicHub](https://wax.atomichub.io/) is used by millions worldwide. It includes an NFT Explorer, Marketplace, Trading interface, and Creator.

### Prospectors

[Prospectors](https://prospectors.io/) is an economic strategy game set in the 19th-century Gold Rush era, where players mine resources, build structures, and trade.

### Defibox

This is a [decentralised finance (DeFi)](https://defibox.io/) project offering features like lending, swapping, and staking.

## How to Buy EOS on CoinJar

Create an account: Sign up for a CoinJar account using the app. 

Verify your identity: UK residents are required to take an assessment and then wait 24 hours (see below).

Deposit funds: You can move normal everyday money like Pounds (fiat) via your chosen payment method (bank transfer, debit card etc.) into your crypto account. 

Navigate to the crypto of choice: Once your account is funded, go to the CoinJar platform and search for it.

Buy: Select the amount you want to purchase and complete the transaction. You can use Sterling (GBP).


### Wallets

Protect your crypto: CoinJar provides its own wallet service. It is convenient, however it is an online wallet, so there is a risk that it may be a victim of a cyberattack. Online wallets are also called “hot wallets”.

External Wallets: If you want to hold on to your crypto for a while, you can transfer your crypto to an external wallet. Hardware wallets are also known as “cold wallets” (like Ledger or Trezor) and these are best for long-term storage as they are offline and seriously difficult to hack.

CoinJar has been operating since 2013. CoinJar keep the vast majority of customer assets in cold storage or [private multi-sig wallets](https://www.coinjar.com/au/learn/how-to-store-crypto) and maintain full currency reserves at all times.

### Why investors buy EOS: Conclusion

EOS is a platform for DApps and smart contracts. By understanding its features and following the steps above, you can buy it on CoinJar in a user-friendly environment and participate in the EOS ecosystem.


EOS is a blockchain platform designed for decentralised applications (DApps) and smart contracts. Want to know how to buy [EOS](https://www.coinjar.com/au/learn/what-is-crypto)? Let’s talk about what the platform does, its native cryptocurrency, and how to buy it on CoinJar. 

## What is EOS?

EOS, short for “Enterprise Operating System,” aims to provide a scalable and user-friendly platform for dApps. It was developed by a private company called Block.one and launched in 2018. 

At the time of its launch, it was a promising smart contract platform aiming to challenge Ethereum’s dominance.

The initial coin offering (ICO) raised a [record-breaking](https://coincodex.com/ico/eos/) US$4.1 billion. (An ICO is a way for new cryptocurrency projects to raise funds.)

However, after the ICO, development did not live up to expectations. The community eagerly awaited the promised advancements but saw little progress. Some community members felt that the owner of EOS, Block.one, did not fulfil its commitments, leading to disappointment and frustration.

Despite the massive ICO, development stagnated, and the ecosystem faced challenges. 

Since then, EOS has overcome past challenges and adapted to present demands since its inception.

While it no longer holds its former top-10 position, the community has taken back control and is determined to restore the platform to its former glory.

Despite setbacks, EOS enthusiasts continue to work towards revitalising the platform.

## Cool things

A quick look through the [top dApps](https://dappradar.com/rankings/protocol/eos) on the network is an interesting read of how people are using the platform.

### Upland

A popular play-to-earn game on EOS, [Upland](https://guides.upland.me/getting-started/) lets players buy, sell, and flip virtual real estate in simulated cities. It blurs the line between a game and an alternative space for work and socialising.

### AtomicHub

A high-scale NFT platform, [AtomicHub](https://wax.atomichub.io/) is used by millions worldwide. It includes an NFT Explorer, Marketplace, Trading interface, and Creator.

### Prospectors
This is an [economic strategy game](https://prospectors.io/) set in the 19th-century Gold Rush era, where players mine resources, build structures, and trade.

### Defibox

[Defibox](https://defibox.io/) is a decentralised finance (DeFi) project offering features like lending, swapping, and staking.

## How to Buy EOS on CoinJar

Create an account: If you don’t have a CoinJar account, sign up on their website. Verify your identity as required.

Deposit funds: Deposit funds into your CoinJar account using your preferred payment method (bank transfer, credit card, etc.).

Navigate to the crypto of choice: Once your account is funded, go to the CoinJar platform and search for it.

Buy: Select the amount you want to purchase and complete the transaction. You can use Australian dollars (AUD) or other supported fiat currencies.

Secure your crypto: After buying your crypto of choice, you can transfer it to a secure wallet (but you can also just keep it on CoinJar as well). Hardware wallets or software wallets with strong security features are recommended.

### Buy EOS: Conclusion

EOS is a platform for DApps and smart contracts. By understanding its features and following the steps above, you can easily buy it on CoinJar and participate in the EOS ecosystem.


Buy Bancor (BNT): If you are in the world of [cryptocurrencies](https://www.coinjar.com/global/learn/what-is-crypto), you’ve probably heard about Bitcoin and Ethereum. But what about Bancor? Let’s explore Bancor Network Token (BNT) and how it aims to revolutionise liquidity in the crypto market.

## What is Bancor (BNT)?

[Bancor](https://bancor.network/) is more than just another cryptocurrency. It’s a blockchain protocol designed to tackle a critical issue: liquidity. Imagine having a token that you can’t easily exchange for other tokens because there’s no active market for it. That’s where Bancor steps in.

## The liquidity problem

Most tokens face liquidity challenges. While Bitcoin and Ethereum have bustling markets, smaller tokens struggle to find buyers and sellers. Bancor aims to change this by creating a network that directly converts tokens without relying on traditional exchanges.

## Smart tokens and the Bancor Protocol

Bancor’s secret sauce lies in its Smart Tokens. These aren’t your typical coins; they’re like digital chameleons. Here’s how they work:

### No middleman exchange

Instead of going through an exchange, Smart Tokens convert directly between different ERC-20 tokens. No need to wait for buyers or sellers – it’s all done on the blockchain.

### Money that holds money
Smart Tokens hold reserves of other tokens within their smart contracts. Think of them as digital piggy banks filled with various coins. When you want to convert, they shuffle their reserves to make it happen.

### Liquidity magic

By creating Smart Tokens, Bancor ensures that even lesser-known tokens can be traded globally. Suddenly, that obscure token you’ve been holding becomes more useful.

## Real-world use case

Imagine a local community token for a sustainable farming project. It’s essential within that community, but no one outside knows about it. With Bancor, that token can gain global liquidity. Farmers can convert it to other tokens, trade it, or even use it for purchases.

## Bancor and tokens

Bancor aims to build a future where millions of tokens coexist, each serving a unique purpose. Plus, Bancor’s native currency, BNT, plays a crucial role. It’s used for governance decisions and as a reward token.

## Where can you buy and store BNT?

You can find BNT on CoinJar. Just search for “Bancor Network Token” or “BNT.” 

If you’re interested in buying Bancor Network Token (BNT) on CoinJar, here’s a step-by-step guide to get you started:

### Sign up for CoinJar

First, create an account on CoinJar by downloading the CoinJar app on iOS or Android.
Complete the account verification process by providing the necessary identification details.

### Deposit funds

Transfer funds from your bank account to CoinJar using various methods.

Bank Transfer: Use standard bank transfers.

PayID: Instantly transfer funds using PayID.

Osko: Another quick payment option.

Wire Transfer, SEPA, or Faster Payments: Choose the most convenient method for you.

### Navigate to the trading section

Log in to your CoinJar account.

Go to the trading section within the app.

Select Bancor (BNT)


### Specify the amount

Enter the amount of BNT you want to purchase.


### Confirm the transaction

Review the details of your purchase.

Confirm the transaction to buy BNT.



Currency=BNT.svg

Buy Bancor (BNT): If you are in the world of [cryptocurrencies](https://www.coinjar.com/learn/what-is-crypto), you’ve probably heard about Bitcoin and Ethereum. But what about Bancor? Let’s explore Bancor Network Token (BNT) and how it aims to revolutionise liquidity in the crypto market.

## What is Bancor (BNT)?

[Bancor](https://bancor.network/) is more than just another cryptocurrency. It’s a blockchain protocol designed to tackle a critical issue: liquidity. Imagine having a token that you can’t easily exchange for other tokens because there’s no active market for it. That’s where Bancor steps in.

## The liquidity problem

Most tokens face liquidity challenges. While Bitcoin and Ethereum have bustling markets, smaller tokens struggle to find buyers and sellers. Bancor aims to change this by creating a network that directly converts tokens without relying on traditional exchanges.

## Smart tokens and the Bancor Protocol

Bancor’s secret sauce lies in its Smart Tokens. These aren’t your typical coins; they’re like digital chameleons. Here’s how they work:

### No middleman exchange

Instead of going through an exchange, Smart Tokens convert directly between different ERC-20 tokens. No need to wait for buyers or sellers – it’s all done on the blockchain.

### Money that holds money

Smart Tokens hold reserves of other tokens within their smart contracts. Think of them as digital piggy banks filled with various coins. When you want to convert, they shuffle their reserves to make it happen.

### Liquidity magic

By creating Smart Tokens, Bancor ensures that even lesser-known tokens can be traded globally. Suddenly, that obscure token you’ve been holding becomes more useful.

## Real-world use case

Imagine a local community token for a sustainable farming project. It’s essential within that community, but no one outside knows about it. With Bancor, that token can gain global liquidity. Farmers can convert it to other tokens, trade it, or even use it for purchases.

## Bancor and tokens

Bancor aims to build a future where millions of tokens coexist, each serving a unique purpose. Plus, Bancor’s native currency, BNT, plays a crucial role. It’s used for governance decisions and as a reward token.

## How can you buy and store BNT?

First, create an account on CoinJar by downloading the CoinJar app on iOS or Android.

-Complete the account verification process.

-Transfer funds from your bank account to CoinJar. There are multiple payment methods, including credit card.

-Select Bancor and enter the amount you want to purchase.

-Review the details of your purchase. Confirm the transaction to buy BNT.

Bancor

Why investors buy Bancor (BNT): If you are in the world of [cryptocurrencies](https://www.coinjar.com/uk/learn/what-is-crypto), you’ve probably heard about Bitcoin and Ethereum. But what about [Bancor](https://bancor.network/)? Let’s explore Bancor Network Token (BNT) and how it aims to revolutionise liquidity in the crypto market.

## What is Bancor (BNT)?

Bancor is more than just another cryptocurrency. It’s a blockchain protocol designed to tackle a critical issue: liquidity. Imagine having a token that is difficult to exchange for other tokens because there’s no active market for it. That’s where Bancor steps in.

## The liquidity problem

Most tokens face liquidity challenges. While Bitcoin and Ethereum have bustling markets, smaller tokens struggle to find buyers and sellers. Bancor aims to change this by creating a network that directly converts tokens without relying on traditional exchanges.

## Smart tokens and the Bancor Protocol

Bancor’s secret sauce lies in its Smart Tokens. These aren’t your typical coins; they’re like digital chameleons. Here’s how they work:

### No middleman exchange

Instead of going through an exchange, Smart Tokens convert directly between different ERC-20 tokens. No need to wait for buyers or sellers – it’s all done on the blockchain.

### Money that holds money

Smart Tokens hold reserves of other tokens within their smart contracts. Think of them as digital piggy banks filled with various coins. When you want to convert, they shuffle their reserves to make it happen.

### Liquidity magic

By creating Smart Tokens, Bancor ensures that even lesser-known tokens can be traded globally. Suddenly, that obscure token you’ve been holding becomes more useful.

## Real-world use case

Imagine a local community token for a sustainable farming project. It’s essential within that community, but no one outside knows about it. With Bancor, that token can gain global liquidity. Farmers can convert it to other tokens, trade it, or even use it for purchases.

## Bancor and tokens

Bancor aims to build a future where millions of tokens coexist, each serving a unique purpose. Plus, Bancor’s native currency, BNT, plays a crucial role. It’s used for governance decisions and as a reward token.

## Where can you buy and store BNT?

You can find BNT on CoinJar. Just search for “Bancor Network Token” or “BNT.” 

If you’re interested in buying Bancor Network Token (BNT) on CoinJar, here’s a step-by-step guide to get you started:

### Sign up for CoinJar

First, create an account on CoinJar by downloading the CoinJar app on iOS or Android. Complete the account verification process by providing the necessary identification details. UK residents are required to take an assessment and then wait 24 hours (see below).


### Deposit funds

Transfer funds from your bank account to CoinJar using various methods.

Bank Transfer: Use standard bank transfers.

PayID: Instantly transfer funds using PayID.

Osko: Another quick payment option.

Wire Transfer, SEPA, or Faster Payments: Choose the most convenient method for you.


### Navigate to the trading section

Log in to your CoinJar account.

Go to the trading section within the app.

Select Bancor (BNT)


### Specify the amount

Enter the amount of BNT you want to purchase.


### Confirm the transaction

Review the details of your purchase.

Confirm the transaction to buy BNT.


Buy Bancor (BNT): If you are in the world of [cryptocurrencies](https://www.coinjar.com/au/learn/what-is-crypto), you’ve probably heard about Bitcoin and Ethereum. But what about Bancor? Let’s explore Bancor Network Token (BNT) and how it aims to revolutionise liquidity in the crypto market.

## What is Bancor (BNT)?

[Bancor](https://bancor.network/) is more than just another cryptocurrency. It’s a blockchain protocol designed to tackle a critical issue: liquidity. Imagine having a token that you can’t easily exchange for other tokens because there’s no active market for it. That’s where Bancor steps in.

## The liquidity problem

Most tokens face liquidity challenges. While Bitcoin and Ethereum have bustling markets, smaller tokens struggle to find buyers and sellers. Bancor aims to change this by creating a network that directly converts tokens without relying on traditional exchanges.

## Smart tokens and the Bancor Protocol

Bancor’s secret sauce lies in its Smart Tokens. These aren’t your typical coins; they’re like digital chameleons. Here’s how they work:

### No middleman exchange

Instead of going through an exchange, Smart Tokens convert directly between different ERC-20 tokens. No need to wait for buyers or sellers – it’s all done on the blockchain.

### Money that holds money
Smart Tokens hold reserves of other tokens within their smart contracts. Think of them as digital piggy banks filled with various coins. When you want to convert, they shuffle their reserves to make it happen.

### Liquidity magic

By creating Smart Tokens, Bancor ensures that even lesser-known tokens can be traded globally. Suddenly, that obscure token you’ve been holding becomes more useful.

## Real-world use case

Imagine a local community token for a sustainable farming project. It’s essential within that community, but no one outside knows about it. With Bancor, that token can gain global liquidity. Farmers can convert it to other tokens, trade it, or even use it for purchases.

## Bancor and tokens

Bancor aims to build a future where millions of tokens coexist, each serving a unique purpose. Plus, Bancor’s native currency, BNT, plays a crucial role. It’s used for governance decisions and as a reward token.

## Where can you buy and store BNT?

You can find BNT on CoinJar. Just search for “Bancor Network Token” or “BNT.” 

If you’re interested in buying Bancor Network Token (BNT) on CoinJar, here’s a step-by-step guide to get you started:

### Sign up for CoinJar

First, create an account on CoinJar by downloading the CoinJar app on iOS or Android.
Complete the account verification process by providing the necessary identification details.

### Deposit funds

Transfer funds from your bank account to CoinJar using various methods.

Bank Transfer: Use standard bank transfers.

PayID: Instantly transfer funds using PayID.

Osko: Another quick payment option.

Wire Transfer, SEPA, or Faster Payments: Choose the most convenient method for you.

### Navigate to the trading section

Log in to your CoinJar account.

Go to the trading section within the app.

Select Bancor (BNT)


### Specify the amount

Enter the amount of BNT you want to purchase.


### Confirm the transaction

Review the details of your purchase.

Confirm the transaction to buy BNT.



Why investors buy SUSHI: SushiSwap, a [decentralized](https://www.coinjar.com/global/learn/what-is-defi) exchange (DEX), has been making itself known in the crypto world. But what exactly is it, and why are investors interested in it? Let’s take a look at SushiSwap’s popularity and why its token, SUSHI, is an interesting investment choice.

## One-Stop shop for passive income

[SushiSwap](https://www.sushi.com/swap) offers a diverse range of passive income opportunities, setting it apart from other DEXs. 

Here’s how it works.

### Liquidity pools

SushiSwap allows investors to provide liquidity by participating in liquidity pools. These pools enable users to earn fees on the exchange for tokens listed on the platform. What’s unique is that SUSHI operates on 20 different blockchains.

### Yield farming

Liquidity providers receive LP tokens, which they can use for yield farming. Yield farming involves staking LP tokens to earn additional SUSHI tokens. Unlike Uniswap, SushiSwap supports this functionality, making it a go-to platform for yield-seeking investors.

### Utility token

SUSHI is not just a governance token; it’s a utility token. Investors benefit from its practical use within the ecosystem.

### Gas-efficient borrowing

The BentoBox smart contract acts as a token vault. By depositing tokens into BentoBox, users earn more tokens over time. The key advantage? Gas-efficient interactions with decentralised applications (dApps). 

Gas fees are transaction fees on the Ethereum blockchain. BentoBox minimises gas costs, making it an attractive feature for investors.

### Flexibility

The decentralised exchange operates without intermediaries. Users trade directly with liquidity pools via non-custodial wallets. This design reduces the risk of hacks and provides flexibility in coin selection. 

## Conclusion

SushiSwap’s unique features and utility token, SUSHI, make it an appealing choice for investors. As the crypto industry continues to grow, SUSHI is expected to grow in importance. 

## How to Buy SUSHI on CoinJar

Get the CoinJar app on iOS or Android.

Sign up for an account and verify your ID.

Transfer funds from your bank account using bank transfer, PayID, or Osko.

Once your funds are deposited, navigate to the trading section within the CoinJar app.

Search for SUSHI and select it.

Welcome to the SUSHI club! 



Currency=SUSHI.svg

SushiSwap

Why investors buy SushiSwap: SushiSwap, a decentralised exchange (DEX), has been making waves in the crypto world. But what exactly is it, and why are investors interested in it? Let’s take a look at SushiSwap’s popularity and why it is an interesting investment choice.

## One-Stop shop for passive income

SushiSwap offers a diverse range of passive income opportunities, setting it apart from other DEXs.

Here’s how it works.

### Liquidity pools

SushiSwap allows investors to provide liquidity by participating in liquidity pools. These pools enable users to earn fees on the exchange for tokens listed on the platform. What’s unique is that SushiSwap operates on 14 different blockchains, making it an extremely robust offering.

### Yield farming

Liquidity providers receive LP tokens, which they can use for yield farming. Yield farming involves staking LP tokens to earn additional SUSHI tokens. Unlike Uniswap, SushiSwap supports this functionality, making it a go-to platform for yield-seeking investors.

### Utility token

SUSHI is not just a governance token; it’s a utility token. Investors benefit from its practical use within the ecosystem.

### Gas-efficient borrowing

The BentoBox smart contract acts as a token vault. By depositing tokens into BentoBox, users earn more tokens over time. The key advantage? Gas-efficient interactions with decentralised applications (dApps).

Gas fees are transaction fees on the Ethereum blockchain. BentoBox minimises gas costs, making it an attractive feature for investors.

### Flexibility

The decentralised exchange operates without intermediaries. Users trade directly with liquidity pools via non-custodial wallets. This design reduces the risk of hacks and provides flexibility in coin selection.

## Conclusion

SushiSwap’s unique features and utility token make it an appealing choice for investors. As the crypto industry continues to grow, SUSHI's value is expected to rise.

## How to Buy SUSHI on CoinJar

Get the CoinJar app on iOS or Android.

Sign up for an account and verify your ID. UK residents must complete an assessment and wait for 24 hours (see more details below).

Transfer funds from your bank account using bank transfer, PayID, or Osko.
Once your funds are deposited, navigate to the trading section within the CoinJar app.
Search for SUSHI and select it.

Welcome to the SUSHI club! 



Why investors buy SUSHI: SushiSwap, a [decentralised](https://www.coinjar.com/au/learn/what-is-defi) exchange (DEX), has been making itself known in the crypto world. But what exactly is it, and why are investors interested in it? Let’s take a look at SushiSwap’s popularity and why its token, SUSHI, is an interesting investment choice.

## One-Stop shop for passive income

[SushiSwap](https://www.sushi.com/swap) offers a diverse range of passive income opportunities, setting it apart from other DEXs. 

Here’s how it works.

### Liquidity pools

SushiSwap allows investors to provide liquidity by participating in liquidity pools. These pools enable users to earn fees on the exchange for tokens listed on the platform. What’s unique is that SUSHI operates on 20 different blockchains.

### Yield farming

Liquidity providers receive LP tokens, which they can use for yield farming. Yield farming involves staking LP tokens to earn additional SUSHI tokens. Unlike Uniswap, SushiSwap supports this functionality, making it a go-to platform for yield-seeking investors.

### Utility token

SUSHI is not just a governance token; it’s a utility token. Investors benefit from its practical use within the ecosystem.

### Gas-efficient borrowing

The BentoBox smart contract acts as a token vault. By depositing tokens into BentoBox, users earn more tokens over time. The key advantage? Gas-efficient interactions with decentralised applications (dApps). 

Gas fees are transaction fees on the Ethereum blockchain. BentoBox minimises gas costs, making it an attractive feature for investors.

### Flexibility

The decentralised exchange operates without intermediaries. Users trade directly with liquidity pools via non-custodial wallets. This design reduces the risk of hacks and provides flexibility in coin selection. 

## Conclusion

SushiSwap’s unique features and utility token, SUSHI, make it an appealing choice for investors. As the crypto industry continues to grow, SUSHI is expected to grow in importance. 

## How to Buy SUSHI on CoinJar

Get the CoinJar app on iOS or Android.

Sign up for an account and verify your ID.

Transfer funds from your bank account using bank transfer, PayID, or Osko.

Once your funds are deposited, navigate to the trading section within the CoinJar app.

Search for SUSHI and select it.

Welcome to the SUSHI club! 



Want to buy Curve DAO (CRV)? CRV is the [governance token](https://www.coinjar.com/global/learn/what-is-crypto) for Curve Finance, a decentralized exchange (DEX) protocol. Unlike traditional exchanges, [Curve](https://curve.fi/#/ethereum/swap) focuses on allowing users to swap between assets that have very similar underlying values with minimal slippage.

(An example of slippage in crypto is when you check the price of a crypto, then go to buy, but in the time between deciding and buying, the price has jumped. Slippage is the difference between the price you expected and the actual price you paid.)

Curve DAO is designed for stablecoin swaps and low volatility trading to avoid slippage.

## Why does Curve DAO exist?

Curve DAO was created to give users a say in how the protocol operates. Here are some key points.

### Governance

CRV holders can vote on proposals that impact the Curve platform. These proposals can include changes to the protocol’s parameters, fee structures, and new features.

### Liquidity mining

Curve incentivizes liquidity providers by rewarding them with CRV tokens. Liquidity providers play a crucial role in maintaining stablecoin pools, which are essential for efficient trading.

### Staking and veCRV

CRV can be staked to earn veCRV (voting escrow CRV). veCRV holders have additional voting power and can participate in important decisions. The longer you stake CRV, the more veCRV you receive.

## Why would someone want to buy CRV?

### Governance influence

If you’re interested in shaping the future of Curve Finance, owning CRV gives you voting power. You can participate in governance proposals and help decide the direction of the protocol.

### Liquidity mining rewards

By providing liquidity to Curve pools, you can earn CRV tokens. These rewards incentivize users to contribute to the platform’s liquidity, which benefits all traders.

### Potential price appreciation

Like any other cryptocurrency, CRV’s price can fluctuate. Some investors buy CRV in the hope that its value will increase over time.

### Interest in DeFi

If you’re curious about decentralized finance (DeFi), CRV provides exposure to a popular DEX protocol. Learning about Curve Finance and CRV can deepen your understanding of the DeFi ecosystem.

## Conclusion: Why Buy Curve DAO (CRV)

Curve DAO plays a vital role in the DeFi landscape, offering stablecoin swaps and governance opportunities. Whether you’re a trader, liquidity provider, or simply interested in crypto, understanding CRV can enhance your knowledge of this exciting space.

## How to Buy Curve DAO (CRV) on CoinJar

### Sign up for CoinJar

Download the CoinJar app: Get the CoinJar app on iOS or Android.
Create an account: Sign up with CoinJar and verify your ID.

### Deposit funds

Transfer funds from your bank account.

### Buy CRV

Once your account is funded, follow these steps.

Search for Curve DAO Token: Look for CRV and select it.

Purchase CRV: Buy Curve DAO token directly.


Currency=CRV.svg

Want to buy Curve DAO (CRV)? CRV is the [governance token](https://www.coinjar.com/learn/what-is-crypto) for Curve Finance, a decentralized exchange (DEX) protocol. Unlike traditional exchanges, [Curve](https://curve.fi/#/ethereum/swap) focuses on allowing users to swap between assets that have very similar underlying values with minimal slippage.

(An example of slippage in crypto is when you check the price of a crypto, then go to buy, but in the time between deciding and buying, the price has jumped. Slippage is the difference between the price you expected and the actual price you paid.)

Curve DAO is designed for stablecoin swaps and low volatility trading to avoid slippage.

## Why does Curve DAO exist?

Curve DAO was created to give users a say in how the protocol operates. Here are some key points.

### Governance

CRV holders can vote on proposals that impact the Curve platform. These proposals can include changes to the protocol’s parameters, fee structures, and new features.

### Liquidity mining

Curve incentivizes liquidity providers by rewarding them with CRV tokens. Liquidity providers play a crucial role in maintaining stablecoin pools, which are essential for efficient trading.

### Staking and veCRV

CRV can be staked to earn veCRV (voting escrow CRV). veCRV holders have additional voting power and can participate in important decisions. The longer you stake CRV, the more veCRV you receive.

## Why would someone want to buy CRV?

### Governance influence

If you’re interested in shaping the future of Curve Finance, owning CRV gives you voting power. You can participate in governance proposals and help decide the direction of the protocol.

### Liquidity mining rewards

By providing liquidity to Curve pools, you can earn CRV tokens. These rewards incentivize users to contribute to the platform’s liquidity, which benefits all traders.

### Potential price appreciation

Like any other cryptocurrency, CRV’s price can fluctuate. Some investors buy CRV in the hope that its value will increase over time.

### Interest in DeFi

If you’re curious about decentralized finance (DeFi), CRV provides exposure to a popular DEX protocol. Learning about Curve Finance and CRV can deepen your understanding of the DeFi ecosystem.

## Conclusion: Why Buy Curve DAO (CRV)

Curve DAO plays a vital role in the DeFi landscape, offering stablecoin swaps and governance opportunities. Whether you’re a trader, liquidity provider, or simply interested in crypto, understanding CRV can enhance your knowledge of this exciting space.

## How to Buy Curve DAO (CRV) on CoinJar

-Get the CoinJar app on iOS or Android.

-Sign up with CoinJar and verify your ID.

-Transfer funds from your bank account. Choose a payment method, like debit card.

-Look for CRV and select it.

Curve DAO

Want to buy Curve DAO (CRV)? CRV is the governance token for Curve Finance, a [decentralised exchange](https://www.coinjar.com/uk/learn/what-is-defi) (DEX) protocol. Unlike traditional exchanges, [Curve](https://curve.fi/#/ethereum/swap) focuses on allowing users to swap between assets that have very similar underlying values with minimal slippage.

(An example of slippage in crypto is when you check the price of a crypto, then go to buy, but in the time between deciding and buying, the price has jumped. Slippage is the difference between the price you expected and the actual price you paid.)
Curve DAO is designed for stablecoin swaps and minimal volatility trading to avoid slippage.

## Why does Curve DAO exist?

Curve DAO was created to give users a say in how the protocol operates. Here are some key points:

### Governance

CRV holders can vote on proposals that impact the Curve platform. These proposals can include changes to the protocol’s parameters, fee structures, and new features.

### Liquidity mining

Curve incentivises liquidity providers by rewarding them with CRV tokens. Liquidity providers play a crucial role in maintaining stablecoin pools, which are essential for efficient trading.

### Staking and veCRV

CRV can be staked to earn veCRV (voting escrow CRV). veCRV holders have additional voting power and can participate in important decisions. The longer you stake CRV, the more veCRV you receive.

## Why would someone want to buy CRV?

### Governance influence

If you’re interested in shaping the future of Curve Finance, owning CRV gives you voting power. You can participate in governance proposals and help decide the direction of the protocol.

### Liquidity mining rewards

By providing liquidity to Curve pools, you can earn CRV tokens. These rewards incentivise users to contribute to the platform’s liquidity, which benefits all traders.

### Potential price appreciation

Like any other cryptocurrency, CRV’s price can fluctuate. Some investors buy CRV in the hope that its value will increase over time.

### Interest in DeFi

If you’re curious about decentralised finance (DeFi), CRV provides exposure to a popular DEX protocol. Learning about Curve Finance and CRV can deepen your understanding of the DeFi ecosystem.

## Conclusion: Why Buy Curve DAO (CRV)

Curve DAO plays a vital role in the DeFi landscape, offering stablecoin swaps and governance opportunities. Whether you’re a trader, liquidity provider, or simply interested in crypto, understanding CRV can enhance your knowledge of this exciting space.

## How to Buy Curve DAO (CRV) on CoinJar

### Sign up for CoinJar

Download the CoinJar app: Get the CoinJar app on iOS or Android.

Create an account: Sign up with CoinJar and verify your ID.

UK residents are required (in accordance with local legislation) to complete an appropriateness assessment to show they understand the risks associated with what crypto/investment they are about to buy and enabling CoinJar to categorise them as an investor. 

New customers are also required under local regulations to wait 24-hours as a “cooling off” period (from account creation), before their account is active (i.e. to deposit, trade, withdraw etc.).

### How to deposit funds

Transfer funds from your bank account. 

### How to buy CRV

Once your account is funded, follow these steps:

Search for Curve DAO Token: Look for CRV and select it.

Purchase CRV: Buy Curve DAO Token directly.



Want to buy Curve DAO (CRV)? CRV is the [governance token](https://www.coinjar.com/au/learn/what-is-crypto) for Curve Finance, a decentralised exchange (DEX) protocol. Unlike traditional exchanges, [Curve](https://curve.fi/#/ethereum/swap) focuses on allowing users to swap between assets that have very similar underlying values with minimal slippage.

(An example of slippage in crypto is when you check the price of a crypto, then go to buy, but in the time between deciding and buying, the price has jumped. Slippage is the difference between the price you expected and the actual price you paid.)

Curve DAO is designed for stablecoin swaps and low volatility trading to avoid slippage.

## Why does Curve DAO exist?

Curve DAO was created to give users a say in how the protocol operates. Here are some key points.

### Governance

CRV holders can vote on proposals that impact the Curve platform. These proposals can include changes to the protocol’s parameters, fee structures, and new features.

### Liquidity mining

Curve incentivises liquidity providers by rewarding them with CRV tokens. Liquidity providers play a crucial role in maintaining stablecoin pools, which are essential for efficient trading.

### Staking and veCRV

CRV can be staked to earn veCRV (voting escrow CRV). veCRV holders have additional voting power and can participate in important decisions. The longer you stake CRV, the more veCRV you receive.

## Why would someone want to buy CRV?

### Governance influence

If you’re interested in shaping the future of Curve Finance, owning CRV gives you voting power. You can participate in governance proposals and help decide the direction of the protocol.

### Liquidity mining rewards

By providing liquidity to Curve pools, you can earn CRV tokens. These rewards incentivise users to contribute to the platform’s liquidity, which benefits all traders.

### Potential price appreciation

Like any other cryptocurrency, CRV’s price can fluctuate. Some investors buy CRV in the hope that its value will increase over time.

### Interest in DeFi

If you’re curious about decentralised finance (DeFi), CRV provides exposure to a popular DEX protocol. Learning about Curve Finance and CRV can deepen your understanding of the DeFi ecosystem.

## Conclusion: Why Buy Curve DAO (CRV)

Curve DAO plays a vital role in the DeFi landscape, offering stablecoin swaps and governance opportunities. Whether you’re a trader, liquidity provider, or simply interested in crypto, understanding CRV can enhance your knowledge of this exciting space.

## How to Buy Curve DAO (CRV) on CoinJar

### Sign up for CoinJar

Download the CoinJar app: Get the CoinJar app on iOS or Android.
Create an account: Sign up with CoinJar and verify your ID.

### Deposit funds

Transfer funds from your bank account.

### Buy CRV

Once your account is funded, follow these steps.

Search for Curve DAO Token: Look for CRV and select it.

Purchase CRV: Buy Curve DAO token directly.


Buy Enjin: Why? Because it is the bridge between gaming and [blockchain](https://www.coinjar.com/global/learn/what-is-blockchain).

## What Is Enjin Coin (ENJ)?

[Enjin Coin](https://enjin.io/) (ENJ) is a token launched by Enjin in 2017, and it operates on the Enjin blockchain. Its primary purpose is to power transactions within the Enjin ecosystem.

Enjin has made big strides to integrate [blockchain technology](https://www.coinjar.com/global/learn/what-is-blockchain) with the gaming industry. 

Here are the things ENJ can be used for.

### Minting NFTs

Developers use ENJ to mint NFTs. When they create an NFT, it is backed by a certain amount of ENJ, giving it intrinsic value.

### Trading and collecting

ENJ facilitates trading and collecting rare NFTs within the Enjin marketplace.

### Paying gas fees

[Enjin Coin](https://enjin.io/enjin-coin) is used to pay for gas fees when minting NFTs, for example.

### Custom coins

Developers can create custom coins without any coding requirements using ENJ.

## ENJ and NFTs

Enjin was originally built on the Ethereum network. Since then Enjin has created its own blockchain. By the end of 2023, Enjin had [moved](https://enjin.io/news/enjin-migrates-200-million-nfts-from-ethereum-to-enjin-blockchain) 200 million NFTs across from the Ethereum Network. 

Using an NFT-centric fork of the Polkadot Network, Enjin Blockchain aims to speed up the network and offer low transaction fees of just $0.005. “This, combined with a throughput of 5,000 transactions per second and the capability to mint up to 2,000 NFTs in a single transaction, sets a new standard in NFT usability,” they said.

## Some interesting things about Enjin

### Backing digital assets

Enjin Coin backs the value of blockchain assets, particularly non-fungible tokens (NFTs). These [NFTs](https://www.coinjar.com/global/learn/what-are-nfts) represent unique digital items, such as in-game skins, collectibles, and virtual goods.

### Smart contracts

ENJ not only acts as a cryptocurrency but also has smart contract capabilities. This means that developers can create programmable assets with specific rules and behaviours using ENJ.

Enjin’s approach differs from some other solutions. Unlike traditional smart contract-based systems, Enjin Blockchain doesn’t rely solely on smart contracts for critical functions related to creating, using, and transferring non-fungible tokens (NFTs). Instead, Enjin integrates these essential features directly into its [foundational code](https://enjin.io/erc-1155).

## Why do investors buy Enjin Coin?

### Integration with gaming

Enjin has successfully integrated its technology into popular games, including [Minecraft](https://www.minecraft.net/en-us). Players can earn ENJ through in-game achievements and use it to purchase virtual items within the Enjin Marketplace.

### Real-world value 

Every asset minted with the Enjin Platform contains ENJ. This means that items in games or virtual worlds can be exchanged with real-world value. You can own a rare sword in a game that you can also trade for ENJ or convert into other cryptocurrencies.

### Community and adoption

Enjin has a strong community of gamers, developers, and blockchain enthusiasts. Its adoption [continues to grow](https://www.coinbureau.com/review/enjin-coin-enj/), making it an exciting project to watch.

##Conclusion: Buy Enjin in Australia

Enjin Coin represents a fascinating intersection of gaming, blockchain, and creativity. As the gaming industry continues to evolve, keep an eye on ENJ.

## How to buy Enjin on CoinJar

If you’re in Australia and want to buy Enjin (ENJ) using Australian dollars (AUD), you can do so through CoinJar, the longest-running cryptocurrency exchange in the country. 

Here are the simple steps to get started:

Sign Up to CoinJar: Download the CoinJar app. Create an account and verify your ID within the app.

Deposit Funds: Transfer funds from your bank account to CoinJar using bank transfer, PayID, or Osko.

Buy Enjin: Once your funds are deposited, you can buy Enjin by following these options:
Cash or Credit Card: Purchase Enjin instantly using Visa or Mastercard.

Crypto-to-Crypto: Convert other cryptocurrencies to Enjin with a single click.

Please note, CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk.



Currency=ENJ.svg

Buy Enjin: Why? Because it is the bridge between gaming and [blockchain](https://www.coinjar.com/learn/what-is-blockchain).

## What Is Enjin Coin (ENJ)?

[Enjin Coin](https://enjin.io/) (ENJ) is a token launched by Enjin in 2017, and it operates on the Enjin blockchain. Its primary purpose is to power transactions within the Enjin ecosystem.

Enjin has made big strides to integrate [blockchain technology](https://www.coinjar.com/learn/what-is-blockchain) with the gaming industry. 

Here are the things ENJ can be used for.

### Minting NFTs

Developers use ENJ to mint NFTs. When they create an NFT, it is backed by a certain amount of ENJ, giving it intrinsic value.

### Trading and collecting

ENJ facilitates trading and collecting rare NFTs within the Enjin marketplace.

### Paying gas fees

[Enjin Coin](https://enjin.io/enjin-coin) is used to pay for gas fees when minting NFTs, for example.

### Custom coins

Developers can create custom coins without any coding requirements using ENJ.

## ENJ and NFTs

Enjin was originally built on the Ethereum network. Since then Enjin has created its own blockchain. By the end of 2023, Enjin had [moved](https://enjin.io/news/enjin-migrates-200-million-nfts-from-ethereum-to-enjin-blockchain) 200 million NFTs across from the Ethereum Network. 

Using an NFT-centric fork of the Polkadot Network, Enjin Blockchain aims to speed up the network and offer low transaction fees of just $0.005. “This, combined with a throughput of 5,000 transactions per second and the capability to mint up to 2,000 NFTs in a single transaction, sets a new standard in NFT usability,” they said.

## Some interesting things about Enjin

### Backing digital assets

Enjin Coin backs the value of blockchain assets, particularly non-fungible tokens (NFTs). These [NFTs](https://www.coinjar.com/learn/what-are-nfts) represent unique digital items, such as in-game skins, collectibles, and virtual goods.

### Smart contracts

ENJ not only acts as a cryptocurrency but also has smart contract capabilities. This means that developers can create programmable assets with specific rules and behaviours using ENJ.

Enjin’s approach differs from some other solutions. Unlike traditional smart contract-based systems, Enjin Blockchain doesn’t rely solely on smart contracts for critical functions related to creating, using, and transferring non-fungible tokens (NFTs). Instead, Enjin integrates these essential features directly into its [foundational code](https://enjin.io/erc-1155).

## Why do investors buy Enjin Coin?

### Integration with gaming

Enjin has successfully integrated its technology into popular games, including [Minecraft](https://www.minecraft.net/en-us). Players can earn ENJ through in-game achievements and use it to purchase virtual items within the Enjin Marketplace.

### Real-world value 

Every asset minted with the Enjin Platform contains ENJ. This means that items in games or virtual worlds can be exchanged with real-world value. You can own a rare sword in a game that you can also trade for ENJ or convert into other cryptocurrencies.

### Community and adoption

Enjin has a strong community of gamers, developers, and blockchain enthusiasts. Its adoption [continues to grow](https://www.coinbureau.com/review/enjin-coin-enj/), making it an exciting project to watch.

##Conclusion: Buy Enjin in Australia

Enjin Coin represents a fascinating intersection of gaming, blockchain, and creativity. As the gaming industry continues to evolve, keep an eye on ENJ.

## How to buy Enjin on CoinJar

If you’re in Australia and want to buy Enjin (ENJ) using Australian dollars (AUD), you can do so through CoinJar, the longest-running cryptocurrency exchange in the country. 

Here are the simple steps to get started:

Sign Up to CoinJar: Download the CoinJar app. Create an account and verify your ID within the app.

Deposit Funds: Transfer funds from your bank account to CoinJar using bank transfer, PayID, or Osko.

Buy Enjin: Once your funds are deposited, you can buy Enjin by following these options:
Cash or Credit Card: Purchase Enjin instantly using Visa or Mastercard.

Crypto-to-Crypto: Convert other cryptocurrencies to Enjin with a single click.

Please note, CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk.



Enjin

Why investors buy Enjin: Because it is the bridge between gaming and [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain).

## What Is Enjin Coin (ENJ)?

[Enjin Coin](https://enjin.io/enjin-coin) (ENJ) is a token launched by [Enjin](https://enjin.io/) in 2017, and it operates on the Enjin blockchain. Its primary purpose is to power transactions within the Enjin ecosystem.

Enjin has made big strides to integrate blockchain technology with the gaming industry. 

Things ENJ can be used for: 

### Minting NFTs

Developers use ENJ to mint NFTs. When they create an NFT, it is backed by a certain amount of ENJ, giving it intrinsic value.

### Trading and collecting

ENJ facilitates trading and collecting rare NFTs within the Enjin marketplace.

### Paying gas fees

Enjin Coin is used to pay for gas fees  when minting NFTs, for example.

### Custom coins

Developers can create custom coins without any coding requirements using ENJ.

## ENJ and NFTs

Enjin was originally built on the Ethereum network. Since then Enjin has created its own blockchain. By the end of 2023, Enjin had [moved](https://enjin.io/news/enjin-migrates-200-million-nfts-from-ethereum-to-enjin-blockchain) 200 million NFTs across from the Ethereum Network.

Using an NFT-centric fork of the Polkadot Network, Enjin Blockchain aims to increase the speed of the network and offer competitive transaction fees of just $0.005. “This, combined with a throughput of 5,000 transactions per second and the capability to mint up to 2,000 NFTs in a single transaction, sets a new standard in NFT usability,” they said.

## Some interesting things about Enjin

### Backing digital assets

Enjin Coin backs the value of blockchain assets, particularly non-fungible tokens (NFTs). These [NFTs](https://www.coinjar.com/au/learn/what-are-nfts) represent unique digital items, such as in-game skins, collectibles, and virtual goods.

### Smart contracts

ENJ not only acts as a cryptocurrency but also has smart contract capabilities. This means that developers can create programmable assets with specific rules and behaviours using ENJ.

Enjin’s approach differs from some other solutions. Unlike traditional smart contract-based systems, Enjin Blockchain doesn’t rely solely on smart contracts for critical functions related to creating, using, and transferring non-fungible tokens (NFTs). 

Instead, Enjin integrates these essential features directly into its [foundational code](https://enjin.io/erc-1155).

## Why do investors buy Enjin Coin?

### Integration with gaming

Enjin has successfully integrated its technology into popular games, including [Minecraft](https://www.minecraft.net/en-us). Players can earn ENJ through in-game achievements and use it to purchase virtual items within the Enjin Marketplace.

### Real-world value 

Every asset minted with the Enjin Platform contains ENJ. This means that items in games or virtual worlds can be exchanged with real-world value. You can own a rare sword in a game that you can also trade for ENJ or convert into other cryptocurrencies.

### Community and adoption

Enjin has a strong community of gamers, developers, and blockchain enthusiasts. Its adoption [continues to grow](https://www.coinbureau.com/review/enjin-coin-enj/), making it an exciting project to watch.

##Conclusion: Why investors buy Enjin in the UK

[Enjin Coin](https://enjin.io/enjin-coin) represents a fascinating intersection of gaming, blockchain, and creativity. As the gaming industry continues to evolve, keep an eye on ENJ.

## How to buy Enjin on CoinJar

If you’re in the UK and want to buy Enjin (ENJ) using Pound Sterling (GBP), you can do so through CoinJar, which has been in operation since 2013. Here are the user-friendly steps to get started.

Sign Up to CoinJar: Download the CoinJar app. Create an account and verify your ID within the app.

UK residents are required to take an assessment and then wait 24 hours (see below).

Deposit Funds: Transfer funds from your bank account to CoinJar using bank transfer, PayID, or Osko.

Buy Enjin: Once your funds are deposited, you can buy Enjin by following these options:
Cash or Credit Card: Purchase Enjin instantly using Visa or Mastercard.

Crypto-to-Crypto: Convert other cryptocurrencies to Enjin with a single click.


Buy Enjin: Why? Because it is the bridge between gaming and [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain).

## What Is Enjin Coin (ENJ)?

[Enjin Coin](https://enjin.io/) (ENJ) is a token launched by Enjin in 2017, and it operates on the Enjin blockchain. Its primary purpose is to power transactions within the Enjin ecosystem.

Enjin has made big strides to integrate [blockchain technology](https://www.coinjar.com/au/learn/what-is-blockchain) with the gaming industry. 

Here are the things ENJ can be used for.

### Minting NFTs

Developers use ENJ to mint NFTs. When they create an NFT, it is backed by a certain amount of ENJ, giving it intrinsic value.

### Trading and collecting

ENJ facilitates trading and collecting rare NFTs within the Enjin marketplace.

### Paying gas fees

[Enjin Coin](https://enjin.io/enjin-coin) is used to pay for gas fees when minting NFTs, for example.

### Custom coins

Developers can create custom coins without any coding requirements using ENJ.

## ENJ and NFTs

Enjin was originally built on the Ethereum network. Since then Enjin has created its own blockchain. By the end of 2023, Enjin had [moved](https://enjin.io/news/enjin-migrates-200-million-nfts-from-ethereum-to-enjin-blockchain) 200 million NFTs across from the Ethereum Network. 

Using an NFT-centric fork of the Polkadot Network, Enjin Blockchain aims to speed up the network and offer low transaction fees of just $0.005. “This, combined with a throughput of 5,000 transactions per second and the capability to mint up to 2,000 NFTs in a single transaction, sets a new standard in NFT usability,” they said.

## Some interesting things about Enjin

### Backing digital assets

Enjin Coin backs the value of blockchain assets, particularly non-fungible tokens (NFTs). These [NFTs](https://www.coinjar.com/au/learn/what-are-nfts) represent unique digital items, such as in-game skins, collectibles, and virtual goods.

### Smart contracts

ENJ not only acts as a cryptocurrency but also has smart contract capabilities. This means that developers can create programmable assets with specific rules and behaviours using ENJ.

Enjin’s approach differs from some other solutions. Unlike traditional smart contract-based systems, Enjin Blockchain doesn’t rely solely on smart contracts for critical functions related to creating, using, and transferring non-fungible tokens (NFTs). Instead, Enjin integrates these essential features directly into its [foundational code](https://enjin.io/erc-1155).

## Why do investors buy Enjin Coin?

### Integration with gaming

Enjin has successfully integrated its technology into popular games, including [Minecraft](https://www.minecraft.net/en-us). Players can earn ENJ through in-game achievements and use it to purchase virtual items within the Enjin Marketplace.

### Real-world value 

Every asset minted with the Enjin Platform contains ENJ. This means that items in games or virtual worlds can be exchanged with real-world value. You can own a rare sword in a game that you can also trade for ENJ or convert into other cryptocurrencies.

### Community and adoption

Enjin has a strong community of gamers, developers, and blockchain enthusiasts. Its adoption [continues to grow](https://www.coinbureau.com/review/enjin-coin-enj/), making it an exciting project to watch.

##Conclusion: Buy Enjin in Australia

Enjin Coin represents a fascinating intersection of gaming, blockchain, and creativity. As the gaming industry continues to evolve, keep an eye on ENJ.

## How to buy Enjin on CoinJar

If you’re in Australia and want to buy Enjin (ENJ) using Australian dollars (AUD), you can do so through CoinJar, the longest-running cryptocurrency exchange in the country. 

Here are the simple steps to get started:

Sign Up to CoinJar: Download the CoinJar app. Create an account and verify your ID within the app.

Deposit Funds: Transfer funds from your bank account to CoinJar using bank transfer, PayID, or Osko.

Buy Enjin: Once your funds are deposited, you can buy Enjin by following these options:
Cash or Credit Card: Purchase Enjin instantly using Visa or Mastercard.

Crypto-to-Crypto: Convert other cryptocurrencies to Enjin with a single click.

Please note, CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk.



Buy Wrapped Bitcoin (wBTC): Why do investors buy Wrapped BTC? Here we explain the process in easy-to-understand language. Wrapped Bitcoin, often abbreviated as wBTC, is a fascinating concept that combines the best of both worlds: Bitcoin (BTC) and Ethereum (ETH). 

## What Is Wrapped Bitcoin?

You’ve probably heard of [Bitcoin](https://www.coinjar.com/global/learn/what-is-bitcoin) (BTC) – the pioneer cryptocurrency that started it all. It’s decentralized, secure, and widely recognized as digital gold. However, Bitcoin primarily operates on its own blockchain, which limits its compatibility with other platforms.

[Ethereum ](https://www.coinjar.com/global/learn/what-is-ethereum)(ETH), on the other hand, is a versatile blockchain that supports smart contracts, decentralized applications (dApps), and various tokens. It’s like a bustling city where developers can build all sorts of innovative projects.

Now, imagine if we could bring Bitcoin’s value and liquidity to the Ethereum ecosystem. That’s where [Wrapped Bitcoin](https://wbtc.network/) comes in.

## How does wrapped BTC (wBTC) work?

Wrapped Bitcoin is essentially tokenized Bitcoin created on the Ethereum blockchain using the ERC-20 standard. Here’s how it works.

### Tokenization

When someone wants to convert their BTC into wBTC, they deposit their Bitcoin with a custodian (a trusted entity). The custodian then mints an equivalent amount of wBTC tokens on Ethereum. Each wBTC token represents a specific amount of Bitcoin (usually 1:1).

### Backed by real BTC

The beauty of wBTC lies in its backing. For every wBTC token in circulation, there’s an actual BTC held in reserve. So, if you hold 1 wBTC, it’s backed by 1 BTC locked away somewhere.

## Wrapping and unwrapping

CoinJar simplifies the process by allowing you to buy wBTC directly without going through the complex “wrapping” process. While CoinJar doesn’t provide an “unwrapping” service, you can always convert your wBTC back to regular BTC using the CoinJar app when needed.

You can check the live Wrapped Bitcoin price at the top of this page.

## Use cases for wBTC

### DeFi (Decentralized Finance)

wBTC enables Bitcoin holders to participate in DeFi protocols. You can lend, borrow, or trade wBTC just like any other Ethereum token.

### Liquidity pools

wBTC adds liquidity to decentralized exchanges (DEXs) like Uniswap. Traders can swap wBTC for other tokens seamlessly.

### Collateral

Some lending platforms accept wBTC as collateral for borrowing stablecoins or other assets.

### Cross-chain interoperability

wBTC acts as a bridge between Bitcoin and Ethereum. You can move your BTC to Ethereum, use it in DeFi, and then convert it back to BTC when needed.

## Why do investors buy wBTC?

### Access to DeFi

If you’re a Bitcoin holder who wants to explore DeFi opportunities, wBTC allows you to do so without selling your BTC. You can earn interest, trade, and participate in yield farming.

Diversification: By holding wBTC, you diversify your crypto portfolio. Instead of being limited to Bitcoin’s ecosystem, you gain exposure to Ethereum’s vibrant DeFi space.

### Liquidity provision

Providing liquidity to DEXs by staking wBTC can earn you trading fees and rewards.

## Wrapped BTC: Conclusion

Wrapped Bitcoin bridges the gap between Bitcoin and Ethereum, unlocking new possibilities for both communities. It’s like having a portal that connects two worlds – the solidity of Bitcoin and the dynamism of Ethereum. 

Remember, each wBTC token represents real Bitcoin, making it a powerful tool for cross-chain interactions. Keep an eye on its price, as it fluctuates based on market demand and adoption.

## How to buy Wrapped Bitcoin on CoinJar

If you’re interested in buying Wrapped Bitcoin (wBTC) on CoinJar, here’s a step-by-step guide to get you started.

Sign Up for CoinJar: Download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes.

Deposit Funds: Transfer funds from your bank account. CoinJar also supports instant purchases using Visa or Mastercard debit cards.

Buy wBTC: Once your account is funded, search for “Wrapped Bitcoin” (wBTC) and select it. Choose your desired amount and execute the purchase.

Enjoy Your wBTC: Congratulations! You now own wBTC, which represents Bitcoin on the Ethereum network.


Currency=WBTC.svg

Buy Wrapped Bitcoin (wBTC): Why do investors buy Wrapped BTC? Here we explain the process in easy-to-understand language. Wrapped Bitcoin, often abbreviated as wBTC, is a fascinating concept that combines the best of both worlds: Bitcoin (BTC) and Ethereum (ETH). 

## What Is Wrapped Bitcoin?

You’ve probably heard of [Bitcoin](https://www.coinjar.com/learn/what-is-bitcoin) (BTC) – the pioneer cryptocurrency that started it all. It’s decentralized, secure, and widely recognized as digital gold. However, Bitcoin primarily operates on its own blockchain, which limits its compatibility with other platforms.

[Ethereum ](https://www.coinjar.com/learn/what-is-ethereum)(ETH), on the other hand, is a versatile blockchain that supports smart contracts, decentralized applications (dApps), and various tokens. It’s like a bustling city where developers can build all sorts of innovative projects.

Now, imagine if we could bring Bitcoin’s value and liquidity to the Ethereum ecosystem. That’s where [Wrapped Bitcoin](https://wbtc.network/) comes in.

## How does wrapped BTC (wBTC) work?

Wrapped Bitcoin is essentially tokenized Bitcoin created on the Ethereum blockchain using the ERC-20 standard. Here’s how it works.

### Tokenization

When someone wants to convert their BTC into wBTC, they deposit their Bitcoin with a custodian (a trusted entity). The custodian then mints an equivalent amount of wBTC tokens on Ethereum. Each wBTC token represents a specific amount of Bitcoin (usually 1:1).

### Backed by real BTC

The beauty of wBTC lies in its backing. For every wBTC token in circulation, there’s an actual BTC held in reserve. So, if you hold 1 wBTC, it’s backed by 1 BTC locked away somewhere.

## Wrapping and unwrapping

CoinJar simplifies the process by allowing you to buy wBTC directly without going through the complex “wrapping” process. While CoinJar doesn’t provide an “unwrapping” service, you can always convert your wBTC back to regular BTC using the CoinJar app when needed.

You can check the live Wrapped Bitcoin price at the top of this page.

## Use cases for wBTC

### DeFi (Decentralized Finance)

wBTC enables Bitcoin holders to participate in DeFi protocols. You can lend, borrow, or trade wBTC just like any other Ethereum token.

### Liquidity pools

wBTC adds liquidity to decentralized exchanges (DEXs) like Uniswap. Traders can swap wBTC for other tokens seamlessly.

### Collateral

Some lending platforms accept wBTC as collateral for borrowing stablecoins or other assets.

### Cross-chain interoperability

wBTC acts as a bridge between Bitcoin and Ethereum. You can move your BTC to Ethereum, use it in DeFi, and then convert it back to BTC when needed.

## Why do investors buy wBTC?

### Access to DeFi

If you’re a Bitcoin holder who wants to explore DeFi opportunities, wBTC allows you to do so without selling your BTC. You can earn interest, trade, and participate in yield farming.

Diversification: By holding wBTC, you diversify your crypto portfolio. Instead of being limited to Bitcoin’s ecosystem, you gain exposure to Ethereum’s vibrant DeFi space.

### Liquidity provision

Providing liquidity to DEXs by staking wBTC can earn you trading fees and rewards.

## Wrapped BTC: Conclusion

Wrapped Bitcoin bridges the gap between Bitcoin and Ethereum, unlocking new possibilities for both communities. It’s like having a portal that connects two worlds – the solidity of Bitcoin and the dynamism of Ethereum. 

Remember, each wBTC token represents real Bitcoin, making it a powerful tool for cross-chain interactions. Keep an eye on its price, as it fluctuates based on market demand and adoption.

## How to buy Wrapped Bitcoin on CoinJar

If you’re interested in buying Wrapped Bitcoin (wBTC) on CoinJar, here’s a step-by-step guide to get you started.

Sign Up for CoinJar: Download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes.

Deposit Funds: Transfer funds from your bank account. CoinJar also supports instant purchases using Visa or Mastercard debit cards.

Buy wBTC: Once your account is funded, search for “Wrapped Bitcoin” (wBTC) and select it. Choose your desired amount and execute the purchase.

Enjoy Your wBTC: Congratulations! You now own wBTC, which represents Bitcoin on the Ethereum network.


https://www.coinjar.com/uk/risk-summary-wrapped-tokens

Wrapped Bitcoin

How to buy Wrapped Bitcoin (wBTC): Why do investors buy Wrapped BTC? Here we explain the process in user-friendly language. Wrapped Bitcoin, often abbreviated as wBTC, is a fascinating concept that combines the advantages of both worlds: [Bitcoin](https://www.coinjar.com/au/learn/what-is-bitcoin) (BTC) and [Ethereum](https://www.coinjar.com/au/learn/what-is-ethereum) (ETH). 

## What Is Wrapped Bitcoin?

You’ve probably heard of Bitcoin (BTC) – the pioneer cryptocurrency that started it all. It’s decentralised, has a level of protection, and widely recognised as digital gold. However, Bitcoin primarily operates on its own blockchain, which limits its compatibility with other platforms.

Ethereum (ETH), on the other hand, is a versatile blockchain that supports smart contracts, decentralised applications (dApps), and various tokens. It’s like a bustling city where developers can build all sorts of innovative projects.

Now, imagine if we could bring Bitcoin’s value and liquidity to the Ethereum ecosystem. That’s where [Wrapped Bitcoin](https://wbtc.network/) comes in!

## How does wrapped BTC (wBTC) work?

Wrapped Bitcoin is essentially tokenised Bitcoin created on the Ethereum blockchain using the ERC-20 standard. Here’s how it works:

### Tokenisation

When someone wants to convert their BTC into wBTC, they deposit their Bitcoin with a custodian (a trusted entity). The custodian then mints an equivalent amount of wBTC tokens on Ethereum. Each wBTC token represents a specific amount of Bitcoin (usually 1:1).

### Backed by real BTC

The beauty of wBTC lies in its backing. For every wBTC token in circulation, there’s an actual BTC held in reserve. So, if you hold 1 wBTC, it’s backed by 1 BTC locked away somewhere.

## Wrapping and unwrapping

CoinJar removes the standard complexities in the process by allowing you to buy wBTC directly without going through the complex “wrapping” process. 

While CoinJar doesn’t provide an “unwrapping” service, you can always convert your wBTC back to regular BTC using the CoinJar app when needed.

You can check the live Wrapped Bitcoin price at the top of this page.

## Use cases for wBTC

### DeFi (Decentralised Finance)

wBTC enables Bitcoin holders to participate in DeFi protocols. You can lend, borrow, or trade wBTC just like any other Ethereum token.

### Liquidity pools

wBTC adds liquidity to decentralised exchanges (DEXs) like Uniswap. Traders can swap wBTC for other tokens seamlessly.

### Collateral

Some lending platforms accept wBTC as collateral for borrowing stablecoins or other assets.

### Cross-chain interoperability

wBTC acts as a bridge between Bitcoin and Ethereum. You can move your BTC to Ethereum, use it in DeFi, and then convert it back to BTC when needed.

## Why do investors buy wBTC?

### Access to DeFi

If you’re a Bitcoin holder who wants to explore DeFi opportunities, wBTC allows you to do so without selling your BTC. You can earn interest, trade, and participate in yield farming.
Diversification: By holding wBTC, you diversify your crypto portfolio. 

Instead of being limited to Bitcoin’s ecosystem, you gain exposure to Ethereum’s vibrant DeFi space.

### Liquidity provision

Providing liquidity to DEXs by staking wBTC can earn you trading fees and rewards.

## Wrapped BTC: Conclusion

Wrapped Bitcoin bridges the gap between Bitcoin and Ethereum, unlocking new possibilities for both communities. It’s like having a portal that connects two worlds – the solidity of Bitcoin and the dynamism of Ethereum. 

Remember, each wBTC token represents real Bitcoin, making it a powerful tool for cross-chain interactions. Keep an eye on its price, as it fluctuates based on market demand and adoption.

## How to buy Wrapped Bitcoin on Coinjar

If you’re interested in buying Wrapped Bitcoin (wBTC) on CoinJar, here’s a step-by-step guide to get you started.

Sign Up for CoinJar: Download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes. 


Deposit Funds: Transfer funds from your bank account. CoinJar also supports instant purchases using Visa or Mastercard debit cards.
How to buy wBTC: Once your account is funded, search for “Wrapped Bitcoin” (wBTC) and select it. Choose your desired amount and execute the purchase.
Enjoy Your wBTC: Congratulations! You now own wBTC, which represents Bitcoin on the Ethereum network.



Buy Wrapped Bitcoin (wBTC): Why do investors buy Wrapped BTC? Here we explain the process in easy-to-understand language. Wrapped Bitcoin, often abbreviated as wBTC, is a fascinating concept that combines the best of both worlds: Bitcoin (BTC) and Ethereum (ETH). 

## What Is Wrapped Bitcoin?

You’ve probably heard of [Bitcoin](https://www.coinjar.com/au/learn/what-is-bitcoin) (BTC) – the pioneer cryptocurrency that started it all. It’s decentralised, secure, and widely recognised as digital gold. However, Bitcoin primarily operates on its own blockchain, which limits its compatibility with other platforms.

[Ethereum ](https://www.coinjar.com/au/learn/what-is-ethereum)(ETH), on the other hand, is a versatile blockchain that supports smart contracts, decentralised applications (dApps), and various tokens. It’s like a bustling city where developers can build all sorts of innovative projects.

Now, imagine if we could bring Bitcoin’s value and liquidity to the Ethereum ecosystem. That’s where [Wrapped Bitcoin](https://wbtc.network/) comes in.

## How does wrapped BTC (wBTC) work?

Wrapped Bitcoin is essentially tokenised Bitcoin created on the Ethereum blockchain using the ERC-20 standard. Here’s how it works.

### Tokenisation

When someone wants to convert their BTC into wBTC, they deposit their Bitcoin with a custodian (a trusted entity). The custodian then mints an equivalent amount of wBTC tokens on Ethereum. Each wBTC token represents a specific amount of Bitcoin (usually 1:1).

### Backed by real BTC

The beauty of wBTC lies in its backing. For every wBTC token in circulation, there’s an actual BTC held in reserve. So, if you hold 1 wBTC, it’s backed by 1 BTC locked away somewhere.

## Wrapping and unwrapping

CoinJar simplifies the process by allowing you to buy wBTC directly without going through the complex “wrapping” process. While CoinJar doesn’t provide an “unwrapping” service, you can always convert your wBTC back to regular BTC using the CoinJar app when needed.

You can check the live Wrapped Bitcoin price at the top of this page.

## Use cases for wBTC

### DeFi (Decentralised Finance)

wBTC enables Bitcoin holders to participate in DeFi protocols. You can lend, borrow, or trade wBTC just like any other Ethereum token.

### Liquidity pools

wBTC adds liquidity to decentralised exchanges (DEXs) like Uniswap. Traders can swap wBTC for other tokens seamlessly.

### Collateral

Some lending platforms accept wBTC as collateral for borrowing stablecoins or other assets.

### Cross-chain interoperability

wBTC acts as a bridge between Bitcoin and Ethereum. You can move your BTC to Ethereum, use it in DeFi, and then convert it back to BTC when needed.

## Why do investors buy wBTC?

### Access to DeFi

If you’re a Bitcoin holder who wants to explore DeFi opportunities, wBTC allows you to do so without selling your BTC. You can earn interest, trade, and participate in yield farming.

Diversification: By holding wBTC, you diversify your crypto portfolio. Instead of being limited to Bitcoin’s ecosystem, you gain exposure to Ethereum’s vibrant DeFi space.

### Liquidity provision

Providing liquidity to DEXs by staking wBTC can earn you trading fees and rewards.

## Wrapped BTC: Conclusion

Wrapped Bitcoin bridges the gap between Bitcoin and Ethereum, unlocking new possibilities for both communities. It’s like having a portal that connects two worlds – the solidity of Bitcoin and the dynamism of Ethereum. 

Remember, each wBTC token represents real Bitcoin, making it a powerful tool for cross-chain interactions. Keep an eye on its price, as it fluctuates based on market demand and adoption.

## How to buy Wrapped Bitcoin on CoinJar

If you’re interested in buying Wrapped Bitcoin (wBTC) on CoinJar, here’s a step-by-step guide to get you started.

Sign Up for CoinJar: Download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes.

Deposit Funds: Transfer funds from your bank account. CoinJar also supports instant purchases using Visa or Mastercard debit cards.

Buy wBTC: Once your account is funded, search for “Wrapped Bitcoin” (wBTC) and select it. Choose your desired amount and execute the purchase.

Enjoy Your wBTC: Congratulations! You now own wBTC, which represents Bitcoin on the Ethereum network.


Polygon (MATIC)  ..soon to be POL is the native [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) of the Polygon ecosystem. At the time of writing, there is a plan to ditch MATIC and [call it POL](https://polygon.technology/blog/polygon-2-0-implementation-officially-begins-the-first-set-of-pips-polygon-improvement-proposals-released). 

## What is Polygon (MATIC / POL)? 

So what is it and what is it used for? Let’s break it down!

## How does Polygon and MATIC work?

Imagine you’re at a busy train station, waiting for your regular local train (that’s Ethereum). But right next to it, there’s an express train called Polygon. It runs on the same tracks but makes fewer stops, so it moves much faster. That’s what Polygon is: A speedy parallel blockchain that works alongside Ethereum.

This is why it is called a Layer-2 Scaling Solution. Polygon is like a sidekick to Ethereum. It helps speed up transactions and reduces fees. Think of it as a shortcut for crypto transactions.

It is also known as a multi-purpose ecosystem. Beyond just speeding things up, Polygon has become a hub for [various fun crypto apps](https://dappradar.com/rankings/protocol/polygon). It’s like a hangout spot where you can do more with your digital money.

## What is MATIC? Is it a cryptocurrency?

MATIC is Polygon’s own cryptocurrency. Here’s how it fits into the picture.

When you use Polygon, you pay with MATIC. It’s like using tokens at an arcade. MATIC keeps the Polygon train running smoothly.

Holders of MATIC can play a special role. They become validators, which means they can “work” for the ecosystem, securing the network by checking transactions. This is called “staking”. In return, they earn more MATIC tokens.

MATIC holders also get to vote on changes to Polygon. It’s like being part of a crypto democracy.

## What does Polygon do?

Polygon solves some of Ethereum’s problems. Imagine Ethereum as a crowded train with delayed stops. Polygon adds extra tracks, making the journey smoother. It’s like upgrading from a slow local train to a speedy express.

Polygon (MATIC) makes crypto life easier and faster. Polygon also claims to be carbon neutral, and [hopes](https://polygon.technology/blog/polygon-is-going-carbon-negative-in-2022-with-a-20-million-pledge) to be carbon positive soon.

 ## Fun stuff in the Polygon ecosystem

[Blockchain games](https://www.youtube.com/watch?v=gTkaaIF0xhE&t=113s ) are popular on Polygon.

At the time of writing, [Yuliverse](https://www.yuliverse.com/) was [topping the rankings](https://dappradar.com/rankings/protocol/polygon) for Polygon gaming dApps (apps on a decentalised blockchain instead of on the internet).

Yuliverse operates within a future cyberpunk world. It uses NFTs which players can buy and sell. 

Another top Polygon game is [Matr1x Fire](https://matr1x.io/). It is a mobile shooting game within the Metaverse that operates on the Polygon network. Matr1x Fire immerses players in a futuristic cyberpunk world with captivating visuals. The game’s [art style](https://www.youtube.com/watch?v=pFBsVSAqogA) combines neon lights, advanced technology, and dystopian elements.

Players take part in fast-paced shooting battles and players can combat for NFTs (non-fungible tokens) and digital art assets. These assets have appreciation potential and include avatars, weapons, profile pictures (PFPs), gloves, and other props. Collecting rare and valuable NFTs adds an interesting layer to the gameplay.

## Polygon NFTs

[NFTs](https://www.coinjar.com/global/learn/what-are-nfts) can be created directly on Polygon or moved there from other blockchains.

Generally speaking, Polygon NFTs have low transaction fees and speedy transactions compared to Ethereum’s mainnet.

More [well-known](https://www.coinbureau.com/analysis/top-polygon-projects/) NFT collections include y00ts and Hell Cats. There are NFT marketplaces like OpenSea and Magic Eden on Polygon too. They are like NFT shopping malls where users can buy and sell these digital treasures.

Over [843 million](https://www.coinbureau.com/analysis/top-polygon-projects/) NFTs have been minted (created) on the Polygon blockchain so far.

## Spending MATIC in the Polygon Ecosystem

There are a lot of ways to use MATIC in the Polygon ecosystem. First, users have to connect to the MATIC Bridge. This just means that you can move your digital assets between Ethereum and Polygon networks. 

Once funds are on Polygon, users can explore over 19,000 decentralized applications (dApps). Users will need MATIC to pay for transaction fees (gas) within the Polygon ecosystem.

## Is Polygon (MATIC) a good investment?

Polygon has gained significant attention in the crypto space due to its scalability solutions for Ethereum. Polygon aims to address Ethereum’s scalability issues by providing faster and cheaper transactions.

It is a growing ecosystem of dApps, NFT projects, and DeFi platforms. Many projects are integrating with Polygon to leverage its benefits. In this way, MATIC is expected to grow in usage.

## Price history of Polygon MATIC

Polygon MATIC was launched in 2017 with a [price](https://coinmarketcap.com/currencies/polygon/) of US$0.00263.

Since then, like all cryptos, it has experienced some wild volatility in price. 

At its all-time high price, at the end of 2021, it reached US$2.92. After that peak, the price corrected heavily to US$0.38 just 6 months later. Since then the price has risen to US$0.89 (at the time of writing). 

Current thinking, at the time of writing, is that because Ethereum is going up in price, that Polygon MATIC will follow. But that’s not a given and nothing can be certain in the volatile world of cryptocurrencies. 

## How to buy Polygon MATIC

If you want to buy Polygon (MATIC), follow these simple steps:

-Download the CoinJar App: Get the CoinJar app on your iOS or Android device.

-Create an Account: Sign up and verify your ID. This process usually takes just a couple of minutes.

-Make a Purchase: Once your account is set up, you can buy MATIC along with almost 50 other cryptocurrencies. You can use cash or credit card to make the purchase.

-Payment Options: CoinJar offers various payment methods. Choose the one that suits you best.

# Conclusion: Buy MATIC / Buy POL

In summary, Polygon is a powerful scaling solution that combines the best of Ethereum with its own unique features. 

Whether you’re interested in games, staking, NFTs, or smart contracts, Polygon offers a vibrant ecosystem for crypto enthusiasts. 

As the Polygon ecosystem grows, it is likely that the MATIC value will rise. However, nothing is certain in the world of crypto, and don’t invest anything you can’t afford to lose.



Currency=MATIC.svg

Polygon (MATIC)  ..soon to be POL is the native [cryptocurrency](https://www.coinjar.com/learn/what-is-crypto) of the Polygon ecosystem. At the time of writing, there is a plan to ditch MATIC and [call it POL](https://polygon.technology/blog/polygon-2-0-implementation-officially-begins-the-first-set-of-pips-polygon-improvement-proposals-released). 

## What is Polygon (MATIC / POL)? 

So what is it and what is it used for? Let’s break it down!

## How does Polygon and MATIC work?

Imagine you’re at a busy train station, waiting for your regular local train (that’s Ethereum). But right next to it, there’s an express train called Polygon. It runs on the same tracks but makes fewer stops, so it moves much faster. That’s what Polygon is: A speedy parallel blockchain that works alongside Ethereum.

This is why it is called a Layer-2 Scaling Solution. Polygon is like a sidekick to Ethereum. It helps speed up transactions and reduces fees. Think of it as a shortcut for crypto transactions.

It is also known as a multi-purpose ecosystem. Beyond just speeding things up, Polygon has become a hub for [various fun crypto apps](https://dappradar.com/rankings/protocol/polygon). It’s like a hangout spot where you can do more with your digital money.

## What is MATIC? Is it a cryptocurrency?

MATIC is Polygon’s own cryptocurrency. Here’s how it fits into the picture.

When you use Polygon, you pay with MATIC. It’s like using tokens at an arcade. MATIC keeps the Polygon train running smoothly.

Holders of MATIC can play a special role. They become validators, which means they can “work” for the ecosystem, securing the network by checking transactions. This is called “staking”. In return, they earn more MATIC tokens.

MATIC holders also get to vote on changes to Polygon. It’s like being part of a crypto democracy.

## What does Polygon do?

Polygon solves some of Ethereum’s problems. Imagine Ethereum as a crowded train with delayed stops. Polygon adds extra tracks, making the journey smoother. It’s like upgrading from a slow local train to a speedy express.

Polygon (MATIC) makes crypto life easier and faster. Polygon also claims to be carbon neutral, and [hopes](https://polygon.technology/blog/polygon-is-going-carbon-negative-in-2022-with-a-20-million-pledge) to be carbon positive soon.

 ## Fun stuff in the Polygon ecosystem

[Blockchain games](https://www.youtube.com/watch?v=gTkaaIF0xhE&t=113s ) are popular on Polygon.

At the time of writing, [Yuliverse](https://www.yuliverse.com/) was [topping the rankings](https://dappradar.com/rankings/protocol/polygon) for Polygon gaming dApps (apps on a decentalised blockchain instead of on the internet).

Yuliverse operates within a future cyberpunk world. It uses NFTs which players can buy and sell. 

Another top Polygon game is [Matr1x Fire](https://matr1x.io/). It is a mobile shooting game within the Metaverse that operates on the Polygon network. 

Matr1x Fire immerses players in a futuristic cyberpunk world with captivating visuals. The game’s [art style](https://www.youtube.com/watch?v=pFBsVSAqogA) combines neon lights, advanced technology, and dystopian elements.

Players take part in fast-paced shooting battles and players can combat for NFTs (non-fungible tokens) and digital art assets. These assets have appreciation potential and include avatars, weapons, profile pictures (PFPs), gloves, and other props. 

Collecting rare and valuable NFTs adds an interesting layer to the gameplay.

## Polygon NFTs

[NFTs](https://www.coinjar.com/learn/what-are-nfts) can be created directly on Polygon or moved there from other blockchains.

Generally speaking, Polygon NFTs have low transaction fees and speedy transactions compared to Ethereum’s mainnet.

More [well-known](https://www.coinbureau.com/analysis/top-polygon-projects/) NFT collections include y00ts and Hell Cats. There are NFT marketplaces like OpenSea and Magic Eden on Polygon too. They are like NFT shopping malls where users can buy and sell these digital treasures.

Over [843 million](https://www.coinbureau.com/analysis/top-polygon-projects/) NFTs have been minted (created) on the Polygon blockchain so far.

## Spending MATIC in the Polygon Ecosystem

There are a lot of ways to use MATIC in the Polygon ecosystem. First, users have to connect to the MATIC Bridge. This just means that you can move your digital assets between Ethereum and Polygon networks. 

Once funds are on Polygon, users can explore over 19,000 decentralized applications (dApps). Users will need MATIC to pay for transaction fees (gas) within the Polygon ecosystem.

## Is Polygon (MATIC) a good investment?

Polygon has gained significant attention in the crypto space due to its scalability solutions for Ethereum. Polygon aims to address Ethereum’s scalability issues by providing faster and cheaper transactions.

It is a growing ecosystem of dApps, NFT projects, and DeFi platforms. Many projects are integrating with Polygon to leverage its benefits. In this way, MATIC is expected to grow in usage.

## Price history of Polygon MATIC

Polygon MATIC was launched in 2017 with a [price](https://coinmarketcap.com/currencies/polygon/) of US$0.00263.

Since then, like all cryptos, it has experienced some wild volatility in price. 

At its all-time high price, at the end of 2021, it reached US$2.92. After that peak, the price corrected heavily to US$0.38 just 6 months later. Since then the price has risen to US$0.89 (at the time of writing). 

Current thinking, at the time of writing, is that because Ethereum is going up in price, that Polygon MATIC will follow. But that’s not a given and nothing can be certain in the volatile world of cryptocurrencies. 

## How to buy Polygon MATIC

If you want to buy Polygon (MATIC), follow these simple steps:

-Download the CoinJar App: Get the CoinJar app on your iOS or Android device.

-Create an Account: Sign up and verify your ID. This process usually takes just a couple of minutes.

-Make a Purchase: Once your account is set up, you can buy MATIC along with almost 50 other cryptocurrencies. You can use cash or credit card to make the purchase.

-Payment Options: CoinJar offers various payment methods. Choose the one that suits you best.

# Conclusion: Buy MATIC / Buy POL

In summary, Polygon is a powerful scaling solution that combines the best of Ethereum with its own unique features. 

Whether you’re interested in games, staking, NFTs, or smart contracts, Polygon offers a vibrant ecosystem for crypto enthusiasts. 

As the Polygon ecosystem grows, it is likely that the MATIC value will rise. However, nothing is certain in the world of crypto, and don’t invest anything you can’t afford to lose.



Polygon

What is Polygon (MATIC)  ..soon to be POL? MATIC / POL is the native [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) of the Polygon ecosystem. At the time of writing, there is [a plan](https://polygon.technology/blog/polygon-2-0-implementation-officially-begins-the-first-set-of-pips-polygon-improvement-proposals-released) to ditch the label MATIC and call it POL. 

So what is it and what is it used for? Let’s break it down!

## How does Polygon and Matic work?

Imagine you’re at a busy train station, waiting for your regular local train (that’s Ethereum). But right next to it, there’s an express train called Polygon. It runs on the same tracks but makes fewer stops, so it moves much more efficiently. That’s what Polygon is: A speedy parallel blockchain that works alongside Ethereum.

This is why it is called a Layer-2 Scaling Solution. Polygon is like a sidekick to Ethereum. It helps speed up transactions and reduces fees. Think of it as a shortcut for crypto transactions.

It is also known as a multi-purpose ecosystem. Beyond just speeding things up, Polygon has become a hub for [various fun crypto apps](https://dappradar.com/rankings/protocol/polygon). It’s like a hangout spot where you can do more with your digital money.

## What is MATIC? Is it a cryptocurrency?

MATIC is Polygon’s own cryptocurrency. Here’s how it fits into the picture.

When you use Polygon, you pay with MATIC. It’s like using tokens at an arcade. MATIC keeps the Polygon train running smoothly.

Holders of MATIC can play a special role. They become validators, which means they can “work” for the ecosystem, securing the network by checking transactions. This is called “staking”. In return, they earn more MATIC tokens.

MATIC holders also get to vote on changes to Polygon. It’s like being part of a crypto democracy.

## What does Polygon do?

In many people’s opinion, Polygon [solves](https://polygon.technology/blog/layer-2-demystified-how-polygon-scales-ethereum) some of Ethereum’s problems. Imagine Ethereum as a crowded train with delayed stops. 

Polygon adds extra tracks, making the journey smoother. It’s like upgrading from a slow local train to a speedy express.

Polygon (MATIC) makes crypto life more convenient and more efficient. Polygon also [claims](https://polygon.technology/blog/polygon-is-going-carbon-negative-in-2022-with-a-20-million-pledge) to be carbon neutral, and hopes to be carbon positive soon.

## Fun stuff in the Polygon ecosystem

[Blockchain games](https://www.youtube.com/watch?v=gTkaaIF0xhE&t=113s) are popular on Polygon.

At the time of writing, [Yuliverse](https://www.yuliverse.com/) was topping the [rankings](https://dappradar.com/rankings/protocol/polygon) for Polygon gaming dApps (apps on a decentalised blockchain instead of on the internet).

Yuliverse operates within a future cyberpunk world. It uses NFTs which players can buy and sell. 

Another top Polygon game is [Matr1x Fire](https://matr1x.io/).

It is a mobile shooting game within the Metaverse that operates on the Polygon network. Matr1x Fire [immerses players](https://www.youtube.com/watch?v=pFBsVSAqogA) in a futuristic cyberpunk world with captivating visuals. The game’s art style combines neon lights, advanced technology, and dystopian elements.

Players take part in fast-paced shooting battles and players can combat for NFTs (non-fungible tokens) and digital art assets. These assets have appreciation potential and include avatars, weapons, profile pictures (PFPs), gloves, and other props. Collecting rare and valuable NFTs adds an interesting layer to the gameplay.

## Polygon NFTs

[NFTs](https://www.coinjar.com/au/learn/what-are-nfts) can be created directly on Polygon or moved there from other blockchains.

Generally speaking, Polygon NFTs have competitive transaction fees and efficient  transactions compared to Ethereum’s mainnet.

More [well-known NFT collections](https://www.coinbureau.com/analysis/top-polygon-projects/) include y00ts and Hell Cats. 

There are NFT marketplaces like OpenSea and Magic Eden on Polygon too. They are like NFT shopping malls where users can buy and sell these digital treasures.

Over 843 million NFTs have been minted (created) on the Polygon blockchain so far.

## Spending MATIC in the Polygon Ecosystem

There are a lot of ways to use MATIC in the Polygon ecosystem. First, users have to connect to the MATIC Bridge. This just means that you can move your digital assets between Ethereum and Polygon networks. 

## Note about bridging 

POL stands for Polygon Ecosystem Token. It’s the new native token of the Polygon ecosystem.

MATIC is the current token, but POL is designed to gradually replace MATIC over a period of 4 years as part of Polygon 2.0.

Why bridge first? If you’re new to the Polygon ecosystem, bridge your existing funds (such as MATIC) to Polygon first. Otherwise, you won’t have any funds available to process transactions within the Polygon network.

Once funds are on Polygon, users can explore over 19,000 decentralised applications (dApps). Users will need MATIC to pay for transaction fees (gas) within the Polygon ecosystem.

## Is Polygon (MATIC) a good investment?

Polygon has gained significant attention in the crypto space due to its scalability solutions for Ethereum. Polygon aims to address Ethereum’s scalability issues by providing more efficient  and competitively priced transactions.

It is a growing ecosystem of dApps, NFT projects, and DeFi platforms. Many projects are integrating with Polygon to leverage its benefits. In this way, MATIC is expected to grow in usage.

However, no one has a crystal ball and nothing is certain in the world of cryptocurrencies! Crypto is generally very volatile, with the risk of abrupt market changes, corporate collapse, inadequate client fund segregation, and cyberattacks. Don't invest anything you aren’t prepared to lose. 

## Price history of Polygon MATIC

Polygon MATIC was [launched](https://www.coinlore.com/coin/matic-network) in April 2019 with a price of US$0.00263.

Since then, like all cryptos, it has experienced some [wild volatility](https://coinmarketcap.com/currencies/polygon/) in price. 

At its [all-time high price](https://coinmarketcap.com/currencies/polygon/), at the end of 2021, it reached US$2.92. After that peak, the price corrected heavily to US$0.38 just 6 months later. 

Since then the price has risen to US$1.01 (at the time of writing, 28 March 2024). Past performance is not a guarantee of future results.

General belief in the crypto industry is that, at the time of writing, because Ethereum is going up in price, that Polygon MATIC will follow. But that’s not a given and nothing can be certain in the volatile world of cryptocurrencies. 

## How to buy Polygon MATIC

If you want to buy Polygon (MATIC), follow these simple steps:

### Download the CoinJar App

First, download the CoinJar app on your iOS or Android device. You can find it on app stores.

### Create an Account

Sign up for a CoinJar account within the app. Verify your identity. UK residents are required to do an assessment and then wait 24 hours (see below).

## Payment method

After your ID has been accepted, you can then create an account on the exchange. After this is done, you can move normal everyday money like Pounds (fiat) via your chosen payment method into your crypto account. 

### Make a Purchase

Once your account is set up and verified, you’re ready to buy Polygon (MATIC). Use your card, or a bank transfer to deposit sterling to your account in order to make the purchase. 

CoinJar supports various payment methods, so choose the one that suits your investment risk appetite.  Remember , don’t put all your eggs in one basket. 

Putting all your money into a single type of investment is risky. A good rule of thumb is not to invest more than 10% of your money in cryptocurrency.

Congratulations! You’re now part of CoinJar, which has been in operation since 2013. Explore the app, research before you invest, manage your portfolio, and keep an eye on your Polygon (MATIC) investment. 

Please be aware that due to possible future regulatory changes CoinJar may be unable to support MATIC cryptocurrencies.

# Conclusion: Should an investor buy MATIC?

In summary, Polygon is a powerful scaling solution that combines certain features of Ethereum with its own unique features. 

Whether you’re interested in games, staking, NFTs, or smart contracts, Polygon offers a vibrant ecosystem for crypto enthusiasts. 

As the Polygon ecosystem grows, it is possible  that the MATIC value may rise. However, nothing is certain in the world of crypto, and don’t invest anything you can’t afford to lose.


Polygon (MATIC)  ..soon to be POL is the native [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) of the Polygon ecosystem. At the time of writing, there is a plan to ditch MATIC and [call it POL](https://polygon.technology/blog/polygon-2-0-implementation-officially-begins-the-first-set-of-pips-polygon-improvement-proposals-released). 

## What is Polygon (MATIC / POL)? 

So what is it and what is it used for? Let’s break it down!

## How does Polygon and MATIC work?

Imagine you’re at a busy train station, waiting for your regular local train (that’s Ethereum). But right next to it, there’s an express train called Polygon. It runs on the same tracks but makes fewer stops, so it moves much faster. That’s what Polygon is: A speedy parallel blockchain that works alongside Ethereum.

This is why it is called a Layer-2 Scaling Solution. Polygon is like a sidekick to Ethereum. It helps speed up transactions and reduces fees. Think of it as a shortcut for crypto transactions.

It is also known as a multi-purpose ecosystem. Beyond just speeding things up, Polygon has become a hub for [various fun crypto apps](https://dappradar.com/rankings/protocol/polygon). It’s like a hangout spot where you can do more with your digital money.

## What is MATIC? Is it a cryptocurrency?

MATIC is Polygon’s own cryptocurrency. Here’s how it fits into the picture.

When you use Polygon, you pay with MATIC. It’s like using tokens at an arcade. MATIC keeps the Polygon train running smoothly.

Holders of MATIC can play a special role. They become validators, which means they can “work” for the ecosystem, securing the network by checking transactions. This is called “staking”. In return, they earn more MATIC tokens.

MATIC holders also get to vote on changes to Polygon. It’s like being part of a crypto democracy.

## What does Polygon do?

Polygon solves some of Ethereum’s problems. Imagine Ethereum as a crowded train with delayed stops. Polygon adds extra tracks, making the journey smoother. It’s like upgrading from a slow local train to a speedy express.

Polygon (MATIC) makes crypto life easier and faster. Polygon also claims to be carbon neutral, and [hopes](https://polygon.technology/blog/polygon-is-going-carbon-negative-in-2022-with-a-20-million-pledge) to be carbon positive soon.

 ## Fun stuff in the Polygon ecosystem

[Blockchain games](https://www.youtube.com/watch?v=gTkaaIF0xhE&t=113s ) are popular on Polygon.

At the time of writing, [Yuliverse](https://www.yuliverse.com/) was [topping the rankings](https://dappradar.com/rankings/protocol/polygon) for Polygon gaming dApps (apps on a decentalised blockchain instead of on the internet).

Yuliverse operates within a future cyberpunk world. It uses NFTs which players can buy and sell. 

Another top Polygon game is [Matr1x Fire](https://matr1x.io/). It is a mobile shooting game within the Metaverse that operates on the Polygon network. Matr1x Fire immerses players in a futuristic cyberpunk world with captivating visuals. The game’s [art style](https://www.youtube.com/watch?v=pFBsVSAqogA) combines neon lights, advanced technology, and dystopian elements.

Players take part in fast-paced shooting battles and players can combat for NFTs (non-fungible tokens) and digital art assets. These assets have appreciation potential and include avatars, weapons, profile pictures (PFPs), gloves, and other props. Collecting rare and valuable NFTs adds an interesting layer to the gameplay.

## Polygon NFTs

[NFTs](https://www.coinjar.com/au/learn/what-are-nfts) can be created directly on Polygon or moved there from other blockchains.

Generally speaking, Polygon NFTs have low transaction fees and speedy transactions compared to Ethereum’s mainnet.

More [well-known](https://www.coinbureau.com/analysis/top-polygon-projects/) NFT collections include y00ts and Hell Cats. There are NFT marketplaces like OpenSea and Magic Eden on Polygon too. They are like NFT shopping malls where users can buy and sell these digital treasures.

Over [843 million](https://www.coinbureau.com/analysis/top-polygon-projects/) NFTs have been minted (created) on the Polygon blockchain so far.

## Spending MATIC in the Polygon Ecosystem

There are a lot of ways to use MATIC in the Polygon ecosystem. First, users have to connect to the MATIC Bridge. This just means that you can move your digital assets between Ethereum and Polygon networks. 

Once funds are on Polygon, users can explore over 19,000 decentralised applications (dApps). Users will need MATIC to pay for transaction fees (gas) within the Polygon ecosystem.

## Is Polygon (MATIC) a good investment?

Polygon has gained significant attention in the crypto space due to its scalability solutions for Ethereum. Polygon aims to address Ethereum’s scalability issues by providing faster and cheaper transactions.

It is a growing ecosystem of dApps, NFT projects, and DeFi platforms. Many projects are integrating with Polygon to leverage its benefits. In this way, MATIC is expected to grow in usage.

## Price history of Polygon MATIC

Polygon MATIC was launched in 2017 with a [price](https://coinmarketcap.com/currencies/polygon/) of US$0.00263.

Since then, like all cryptos, it has experienced some wild volatility in price. 

At its all-time high price, at the end of 2021, it reached US$2.92. After that peak, the price corrected heavily to US$0.38 just 6 months later. Since then the price has risen to US$0.89 (at the time of writing). 

Current thinking, at the time of writing, is that because Ethereum is going up in price, that Polygon MATIC will follow. But that’s not a given and nothing can be certain in the volatile world of cryptocurrencies. 

## How to buy Polygon MATIC

If you want to buy Polygon (MATIC), follow these simple steps:

-Download the CoinJar App: Get the CoinJar app on your iOS or Android device.

-Create an Account: Sign up and verify your ID. This process usually takes just a couple of minutes.

-Make a Purchase: Once your account is set up, you can buy MATIC along with almost 50 other cryptocurrencies. You can use cash or credit card to make the purchase.

-Payment Options: CoinJar offers various payment methods. Choose the one that suits you best.

# Conclusion: Buy MATIC / Buy POL

In summary, Polygon is a powerful scaling solution that combines the best of Ethereum with its own unique features. 

Whether you’re interested in games, staking, NFTs, or smart contracts, Polygon offers a vibrant ecosystem for crypto enthusiasts. 

As the Polygon ecosystem grows, it is likely that the MATIC value will rise. However, nothing is certain in the world of crypto, and don’t invest anything you can’t afford to lose.



Buy Balancer (BAL): Balancer is a decentralized finance (DeFi) protocol running on the [Ethereum blockchain](https://www.coinjar.com/global/learn/what-is-ethereum). Its primary goal is to incentivise a distributed network of computers to operate a decentralized exchange where users can buy and sell any cryptocurrency. Think of [Balancer](https://balancer.fi/) as a unique type of index fund within the crypto world.

## How Does Balancer Work?

### Balancer pools

Balancer pools are at the heart of the Balancer protocol. These pools are created by users who bundle together various cryptocurrencies from their portfolios.

Each Balancer pool can contain up to eight different tokens. The value of a pool is determined by the percentages of each token within it.

For example, a Balancer pool might start with 25% Ethereum (ETH), 25% DAI, and 50% Aave (LEND).

### Self-balancing mechanism

Balancer uses smart contracts to ensure that each pool maintains the correct proportion of assets, even as individual token prices fluctuate.

If the price of a specific token increases significantly (e.g., LEND doubles in value), the pool automatically reduces its holding of that token to maintain the original weight distribution.

Liquidity providers (those who deposit assets into the pool) continue to earn fees during this rebalancing process.

### Incentives for liquidity providers

There’s good news for users that provide liquidity to a Balancer pool. They earn part of the trading fees that are paid by traders who use their funds.

These liquidity providers are rewarded with a custom cryptocurrency called BAL.

By depositing assets into Balancer pools, they contribute essential liquidity to the network, enabling smooth trading for other users.

Why do investors buy BAL?

### Liquidity mining

Investors buy BAL tokens to participate in liquidity mining. By staking their assets in Balancer pools, they earn BAL tokens as rewards.

Liquidity mining incentivises users to provide liquidity, which is crucial for the efficient functioning of decentralised exchanges.

### Governance rights

BAL holders have governance rights within the Balancer ecosystem.

They can vote on proposals related to protocol upgrades, fee structures, and other important decisions.

This democratic governance model allows the community to shape the future of Balancer.

### Speculation

Like any other cryptocurrency, some investors buy BAL tokens speculatively, hoping that their value will appreciate over time.

As Balancer gains popularity and adoption, demand for BAL may increase.

### Conclusion: Buy Balancer (BAL)

Balancer’s innovative approach to liquidity provision and self-balancing pools sets it apart from other decentralised exchanges like Uniswap and Curve. As the DeFi space continues to evolve, Balancer remains an essential player, attracting both liquidity providers and investors seeking exposure to this dynamic ecosystem.

## How to Buy Balancer (BAL) with CoinJar

Sign up to CoinJar: Download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes.

Deposit funds: Transfer funds from your bank account to CoinJar.

Buy crypto: Once your funds are in your CoinJar account, you’re ready to buy crypto.

Choose BAL or any of the other 50 supported cryptocurrencies.

You can use cash or a credit card to make your purchase.



Currency=BAL.svg

Buy Balancer (BAL): Balancer is a decentralized finance (DeFi) protocol running on the [Ethereum blockchain](https://www.coinjar.com/learn/what-is-ethereum). Its primary goal is to incentivise a distributed network of computers to operate a decentralized exchange where users can buy and sell any cryptocurrency. Think of [Balancer](https://balancer.fi/) as a unique type of index fund within the crypto world.

## How Does Balancer Work?

### Balancer pools

Balancer pools are at the heart of the Balancer protocol. These pools are created by users who bundle together various cryptocurrencies from their portfolios.

Each Balancer pool can contain up to eight different tokens. The value of a pool is determined by the percentages of each token within it.

For example, a Balancer pool might start with 25% Ethereum (ETH), 25% DAI, and 50% Aave (LEND).

### Self-balancing mechanism

Balancer uses smart contracts to ensure that each pool maintains the correct proportion of assets, even as individual token prices fluctuate.

If the price of a specific token increases significantly (e.g., LEND doubles in value), the pool automatically reduces its holding of that token to maintain the original weight distribution.

Liquidity providers (those who deposit assets into the pool) continue to earn fees during this rebalancing process.

### Incentives for liquidity providers

There’s good news for users that provide liquidity to a Balancer pool. They earn part of the trading fees that are paid by traders who use their funds.

These liquidity providers are rewarded with a custom cryptocurrency called BAL.

By depositing assets into Balancer pools, they contribute essential liquidity to the network, enabling smooth trading for other users.

Why do investors buy BAL?

### Liquidity mining

Investors buy BAL tokens to participate in liquidity mining. By staking their assets in Balancer pools, they earn BAL tokens as rewards.

Liquidity mining incentivises users to provide liquidity, which is crucial for the efficient functioning of decentralised exchanges.

### Governance rights

BAL holders have governance rights within the Balancer ecosystem.

They can vote on proposals related to protocol upgrades, fee structures, and other important decisions.

This democratic governance model allows the community to shape the future of Balancer.

### Speculation

Like any other cryptocurrency, some investors buy BAL tokens speculatively, hoping that their value will appreciate over time.

As Balancer gains popularity and adoption, demand for BAL may increase.

### Conclusion: Buy Balancer (BAL)

Balancer’s innovative approach to liquidity provision and self-balancing pools sets it apart from other decentralised exchanges like Uniswap and Curve. As the DeFi space continues to evolve, Balancer remains an essential player, attracting both liquidity providers and investors seeking exposure to this dynamic ecosystem.

## How to Buy Balancer (BAL) with CoinJar

Sign up to CoinJar: Download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes.

Deposit funds: Transfer funds from your bank account to CoinJar.

Buy crypto: Once your funds are in your CoinJar account, you’re ready to buy crypto.

Choose BAL or any of the other 50 supported cryptocurrencies.

You can use cash or a credit card to make your purchase.



Balancer

Buy Balancer (BAL): Balancer is a decentralised finance (DeFi) protocol running on the [Ethereum blockchain](https://www.coinjar.com/au/learn/what-is-ethereum). Its primary goal is to incentivise a distributed network of computers to operate a decentralised exchange where users can buy and sell any cryptocurrency. Think of [Balancer](https://balancer.fi/) as a unique type of index fund within the crypto world.

## How Does Balancer Work?

### Balancer pools

Balancer pools are at the heart of the Balancer protocol. These pools are created by users who bundle together various cryptocurrencies from their portfolios.

Each Balancer pool can contain up to eight different tokens. The value of a pool is determined by the percentages of each token within it.

For example, a Balancer pool might start with 25% Ethereum (ETH), 25% DAI, and 50% Aave (LEND).

### Self-balancing mechanism

Balancer uses smart contracts to ensure that each pool maintains the correct proportion of assets, even as individual token prices fluctuate.

If the price of a specific token increases significantly (e.g., LEND doubles in value), the pool automatically reduces its holding of that token to maintain the original weight distribution.

Liquidity providers (those who deposit assets into the pool) continue to earn fees during this rebalancing process.

### Incentives for liquidity providers

There’s good news for users that provide liquidity to a Balancer pool. They earn part of the trading fees that are paid by traders who use their funds.

These liquidity providers are rewarded with a custom cryptocurrency called BAL.

By depositing assets into Balancer pools, they contribute essential liquidity to the network, enabling smooth trading for other users.

Why do investors buy BAL?

### Liquidity mining

Investors buy BAL tokens to participate in liquidity mining. By staking their assets in Balancer pools, they earn BAL tokens as rewards.

Liquidity mining incentivises users to provide liquidity, which is crucial for the efficient functioning of decentralised exchanges.

### Governance rights

BAL holders have governance rights within the Balancer ecosystem.

They can vote on proposals related to protocol upgrades, fee structures, and other important decisions.

This democratic governance model allows the community to shape the future of Balancer.

### Speculation

Like any other cryptocurrency, some investors buy BAL tokens speculatively, hoping that their value will appreciate over time.

As Balancer gains popularity and adoption, demand for BAL may increase.

### Conclusion: Why investors buy Balancer (BAL)

Balancer’s innovative approach to liquidity provision and self-balancing pools sets it apart from other decentralised exchanges like Uniswap and Curve. As the DeFi space continues to evolve, Balancer remains an essential player, attracting both liquidity providers and investors seeking exposure to this dynamic ecosystem.

## How to Buy Balancer (BAL) with CoinJar

Sign up to CoinJar: Download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes. UK residents are required (in accordance with local legislation) to complete an appropriateness assessment to show they understand the risks associated with what crypto/investment they are about to buy and enabling CoinJar to categorize them as an investor. 

New customers are also required under local regulations to wait 24-hours as a “cooling off” period (from account creation), before their account is active (i.e. to deposit, trade, withdraw etc.).

Deposit funds: Transfer funds from your bank account to CoinJar.

Able to buy crypto: Once your funds are in your CoinJar account, you’re ready to buy crypto. Choose BAL or any of the other 50 supported cryptocurrencies. You can use cash or a credit card to make your purchase.



Buy Balancer (BAL): Balancer is a decentralised finance (DeFi) protocol running on the [Ethereum blockchain](https://www.coinjar.com/au/learn/what-is-ethereum). Its primary goal is to incentivise a distributed network of computers to operate a decentralised exchange where users can buy and sell any cryptocurrency. Think of [Balancer](https://balancer.fi/) as a unique type of index fund within the crypto world.

## How Does Balancer Work?

### Balancer pools

Balancer pools are at the heart of the Balancer protocol. These pools are created by users who bundle together various cryptocurrencies from their portfolios.

Each Balancer pool can contain up to eight different tokens. The value of a pool is determined by the percentages of each token within it.

For example, a Balancer pool might start with 25% Ethereum (ETH), 25% DAI, and 50% Aave (LEND).

### Self-balancing mechanism

Balancer uses smart contracts to ensure that each pool maintains the correct proportion of assets, even as individual token prices fluctuate.

If the price of a specific token increases significantly (e.g., LEND doubles in value), the pool automatically reduces its holding of that token to maintain the original weight distribution.

Liquidity providers (those who deposit assets into the pool) continue to earn fees during this rebalancing process.

### Incentives for liquidity providers

There’s good news for users that provide liquidity to a Balancer pool. They earn part of the trading fees that are paid by traders who use their funds.

These liquidity providers are rewarded with a custom cryptocurrency called BAL.

By depositing assets into Balancer pools, they contribute essential liquidity to the network, enabling smooth trading for other users.

Why do investors buy BAL?

### Liquidity mining

Investors buy BAL tokens to participate in liquidity mining. By staking their assets in Balancer pools, they earn BAL tokens as rewards.

Liquidity mining incentivises users to provide liquidity, which is crucial for the efficient functioning of decentralised exchanges.

### Governance rights

BAL holders have governance rights within the Balancer ecosystem.

They can vote on proposals related to protocol upgrades, fee structures, and other important decisions.

This democratic governance model allows the community to shape the future of Balancer.

### Speculation

Like any other cryptocurrency, some investors buy BAL tokens speculatively, hoping that their value will appreciate over time.

As Balancer gains popularity and adoption, demand for BAL may increase.

### Conclusion: Buy Balancer (BAL)

Balancer’s innovative approach to liquidity provision and self-balancing pools sets it apart from other decentralised exchanges like Uniswap and Curve. As the DeFi space continues to evolve, Balancer remains an essential player, attracting both liquidity providers and investors seeking exposure to this dynamic ecosystem.

## How to Buy Balancer (BAL) with CoinJar

Sign up to CoinJar: Download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes.

Deposit funds: Transfer funds from your bank account to CoinJar.

Buy crypto: Once your funds are in your CoinJar account, you’re ready to buy crypto.

Choose BAL or any of the other 50 supported cryptocurrencies.

You can use cash or a credit card to make your purchase.



Tether (USDT) is the original [stablecoin](https://www.coinjar.com/global/learn/what-are-altcoins). The [Tether whitepaper](https://tether.to/en/whitepaper/) was first released back in 2012, although the token itself didn’t find widespread use until it was adopted by the exchange Bitfinex in 2015.

At a time when it was difficult for cryptocurrency exchanges to find reliable banking and fiat currency partners, Tether offered a way around the roadblock for the growing crypto industry. Offering a token that Tether claimed was backed 1:1 with actual US dollars, users could trade USDT without the fiat currency itself having to go anywhere.

## How does USDT maintain its value?

Tether claims that USDT is pegged at 1-to-1 with a matching fiat currency and is backed 100% by Tether’s reserves. Users can view the value of USDT tokens on issue versus its total reserves on Tether’s [Transparency Page](https://tether.to/en/transparency/#usdt).

It shows the value of USDT tokens on issue versus its total reserves.

## What risks should I be aware of when purchasing USDT?

Customers should be aware that there have been no formal independent audits of Tether’s purported reserves. Tether releases quarterly reports which contain Tether’s attestations about their consolidated assets and liabilities. 

These quarterly reports have shown that Tether’s reserves are made up of cash, cash equivalents (such as U.S. Treasury Bills), short-term deposits, corporate bonds, precious metals, Bitcoin, “other investments” and secured loans.

Tether’s [terms of service](https://tether.to/en/legal/) also allow Tether to delay the redemption or withdrawal of USDT tokens if there is illiquidity, unavailability, or loss of any reserves held by Tether.

## How to buy Tether USDT: Buy USDT on CoinJar

Wondering, “How can I buy Tether? Where to buy USDT?” Follow these steps to learn how to buy USDT on CoinJar.

-Install the CoinJar app on iOS or Android. This is the simplest way to access CoinJar’s services and features. You can also use the web version of CoinJar.

-Sign up with CoinJar and verify your ID. This is necessary to comply with the regulations and laws in your country. 

You will need to provide some personal information, such as your name, email, phone number, and address. You must also upload a photo of your ID document, such as a passport or driver’s license.

The verification process may take a few minutes or hours, depending on the volume of requests. 

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the method that suits you best. You can use bank transfers, you can buy USDT with a card, among other methods.

-You can then use the funds in your account to buy Tether at the market price or place a custom order. CoinJar provides a secure and convenient wallet for storing your Tether USDT and other cryptocurrencies. You can access your wallet from the app or the web.

You can also send and receive the cryptocurrency Tether from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your Tether USDT from CoinJar to any other compatible wallet.

-Welcome to the Tether USDT club!


Currency=USDT.svg

## TLDR:

- Investors are looking to buy Tether
- Tether is the most popular stablecoin in the world. Here's why.
- Here's how to buy Tether easily with CoinJar.

## Buy Tether

Why do people buy Tether? Tether (USDT) is the original [stablecoin](https://www.coinjar.com/learn/what-are-altcoins). The [Tether whitepaper](https://tether.to/en/whitepaper/) was first released back in 2012, although the token itself didn’t find widespread use until it was adopted by the exchange Bitfinex in 2015.

At a time when it was difficult for cryptocurrency exchanges to find reliable banking and fiat currency partners, Tether offered a way around the roadblock for the growing crypto industry. 

Offering a token that Tether claimed was backed 1:1 with actual US dollars, users could trade USDT without the fiat currency itself having to go anywhere.

Tether is a stablecoin designed to maintain a peg to the US dollar, and (at the time of writing, June 2024) USDT boasts the largest market cap among all stablecoins.
## How does USDT maintain its value?

Tether claims that USDT is pegged at 1-to-1 with a matching fiat currency and is backed 100% by Tether’s reserves. Users can view the value of USDT tokens on issue versus its total reserves on Tether’s [Transparency Page](https://tether.to/en/transparency/#usdt).
It shows the value of USDT tokens on issue versus its total reserves.

## What risks should I be aware of when purchasing Tether?

Customers should be aware that there have been no formal independent audits of Tether’s purported reserves. Tether releases quarterly reports which contain Tether’s attestations about their consolidated assets and liabilities. 

These quarterly reports have shown that Tether’s reserves are made up of cash, cash equivalents (such as U.S. Treasury Bills), short-term deposits, corporate bonds, precious metals, Bitcoin, “other investments” and secured loans.

Tether’s [terms of service](https://tether.to/en/legal/) also allow Tether to delay the redemption or withdrawal of Tether if there is illiquidity, unavailability, or loss of any reserves held by Tether.

## How to buy Tether USDT: Buy USDT on CoinJar

Wondering, “How can I buy Tether? Where to buy USDT?” Follow these steps to learn how to buy USDT on CoinJar.

-Install the CoinJar app on iOS or Android. This is the simplest way to access CoinJar’s services and features. You can also use the web version of CoinJar.

-Sign up with CoinJar and verify your ID. This is necessary to comply with the regulations and laws in your country. 

You will need to provide some personal information, such as your name, email, phone number, and address. You must also upload a photo of your ID document, such as a passport or driver’s license.

The verification process may take a few minutes or hours, depending on the volume of requests. 

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the method that suits you best. You can use bank transfers, you can buy USDT with a card, among other methods.

-You can then use the funds in your account to buy Tether at the market price or place a custom order. CoinJar provides a secure and convenient wallet for storing your Tether USDT and other cryptocurrencies. You can access your wallet from the app or the web.

You can also send and receive the cryptocurrency Tether from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your Tether USDT from CoinJar to any other compatible wallet.

-Welcome to the Tether USDT club!


Tether

Tether (USDT) is the original [stablecoin](https://www.coinjar.com/uk/learn/what-are-altcoins). The [Tether whitepaper](https://tether.to/en/whitepaper/) was first released back in 2012, although the token itself didn’t find widespread use until it was adopted by the exchange Bitfinex in 2015.

At a time when it was difficult for cryptocurrency exchanges to find reliable banking and fiat currency partners, Tether offered a way around the roadblock for the growing crypto industry. Offering a token that Tether claimed was backed 1:1 with actual US dollars, users could trade USDT without the fiat currency itself having to go anywhere. 

Customers may expect that these coins will always maintain their value with the US Dollar. However, you must always keep in mind that unforeseen events or operational issues could lead to a particular stablecoin failing to maintain its pegged value to its designated asset or currency. Such an occurrence could cause the stablecoin to rapidly fall in value and never recover. 

## How does USDT maintain its value?

Tether claims that USDT is pegged at 1-to-1 with a matching fiat currency and is backed 100% by Tether’s reserves. Users can view the value of USDT tokens on issue versus its total reserves on Tether’s [Transparency Page](https://tether.to/en/transparency/#usdt).

It shows the value of USDT tokens on issue versus its total reserves.

## What risks should I be aware of when purchasing USDT?

Value-referenced crypto assets such as USDT present risks distinct from other crypto assets. The mechanism by which a stablecoin seeks to maintain its value is not guaranteed and can present systemic market risk, capital risk, and security risk. 

Customers should be aware that there have been no formal independent audits of Tether’s purported reserves. Tether releases quarterly reports which contain Tether’s attestations about their consolidated assets and liabilities. These quarterly reports have shown that Tether’s reserves are made up of cash, cash equivalents (such as U.S. Treasury Bills), short-term deposits, corporate bonds, precious metals, Bitcoin, “other investments” and secured loans.

Tether’s [terms of service](https://tether.to/en/legal/) also allow Tether to delay the redemption or withdrawal of USDT tokens if there is illiquidity, unavailability, or loss of any reserves held by Tether.

## How to buy Tether USDT: Buy USDT on CoinJar

Wondering, “How can I buy Tether? Where to buy USDT?” Follow these steps to learn how to buy USDT on CoinJar.

-Install the CoinJar app on iOS or Android. This is the most convenient way to access CoinJar’s services and features. You can also use the web version of CoinJar.

-Sign up with CoinJar and verify your ID. This is necessary to comply with the regulations and laws in your country. You will need to provide some personal information, such as your name, email, phone number, and address. You must also upload a photo of your ID document, such as a passport or driver’s license.

UK residents must complete an assessment and wait for 24 hours (see more details below).

-Once past the verification process, transfer money into your CoinJar account. You can do this in several different ways, so choose the method that suits you best. You can use bank transfers or use a card, among other methods.

-You can then use the funds in your account to buy Tether at the market price or place a custom order. CoinJar provides a secure and convenient wallet for storing your Tether USDT and other cryptocurrencies. You can access your wallet from the app or the web.

You can also send and receive the cryptocurrency Tether from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your Tether USDT from CoinJar to any other compatible wallet.

Welcome to the Tether USDT club!


Buy Tether (USDT) in Australia: Tether (USDT) is the original [stablecoin](https://www.coinjar.com/au/learn/what-are-altcoins). The [Tether whitepaper](https://tether.to/en/whitepaper/) was first released back in 2012, although the token itself didn’t find widespread use until it was adopted by the exchange Bitfinex in 2015.

At a time when it was difficult for cryptocurrency exchanges to find reliable banking and fiat currency partners, Tether offered a way around the roadblock for the growing crypto industry. 

Offering a token that Tether claimed was backed 1:1 with actual US dollars, users could trade USDT without the fiat currency itself having to go anywhere.

## How does USDT maintain its value?

Tether claims that USDT is pegged at 1-to-1 with a matching fiat currency and is backed 100% by Tether’s reserves. Users can view the value of USDT tokens on issue versus its total reserves on Tether’s [Transparency Page](https://tether.to/en/transparency/#usdt).

It shows the value of USDT tokens on issue versus its total reserves.

## What risks should I be aware of when purchasing USDT?

Customers should be aware that there have been no formal independent audits of Tether’s purported reserves. Tether releases quarterly reports which contain Tether’s attestations about their consolidated assets and liabilities. 

These quarterly reports have shown that Tether’s reserves are made up of cash, cash equivalents (such as U.S. Treasury Bills), short-term deposits, corporate bonds, precious metals, Bitcoin, “other investments” and secured loans.

Tether’s [terms of service](https://tether.to/en/legal/) also allow Tether to delay the redemption or withdrawal of USDT tokens if there is illiquidity, unavailability, or loss of any reserves held by Tether.

## How to buy Tether USDT: Buy USDT on CoinJar

Wondering, “How can I buy Tether? Where to buy USDT?” Follow these steps to learn how to buy USDT on CoinJar.

-Install the CoinJar app on iOS or Android. This is the simplest way to access CoinJar’s services and features. You can also use the web version of CoinJar.

-Sign up with CoinJar and verify your ID. This is necessary to comply with the regulations and laws in your country. 

You will need to provide some personal information, such as your name, email, phone number, and address. You must also upload a photo of your ID document, such as a passport or driver’s license.

The verification process may take a few minutes or hours, depending on the volume of requests. 

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the method that suits you best. You can use bank transfers, you can buy USDT with a card, among other methods.

-You can then use the funds in your account to buy Tether at the market price or place a custom order. CoinJar provides a secure and convenient wallet for storing your Tether USDT and other cryptocurrencies. You can access your wallet from the app or the web.

You can also send and receive the cryptocurrency Tether from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your Tether USDT from CoinJar to any other compatible wallet.

-Welcome to the Tether USDT club!

See below for frequently asked questions.

Buy Axie Infinity (AXS): Axie Infinity is a [blockchain](https://www.coinjar.com/global/learn/what-is-blockchain)-based game. It enables players to collect and battle Axies, earn cryptocurrency, and participate in a decentralized ecosystem. 

The [Axie Infinity game](https://axieinfinity.com/) is a project that combines gaming, decentralized finance (DeFi), and [non-fungible tokens](https://www.coinjar.com/global/learn/what-are-nfts) (NFTs). 

## What Is Axie Infinity?

It is a play-to-earn blockchain game built on the Ethereum network. Inspired by the Pokémon universe, players collect and raise creatures called “Axies.” Each Axie is a unique NFT, making ownership a valuable asset. 

Axie Infinity runs on the [Ronin Network](https://roninchain.com/) with the “Axie Infinity Token” or AXS as the main gaming currency.

AXS (Axie Infinity Shards) is the governance token of Axie Infinity. It gives holders the right to vote on upgrades to the game and how to use the community treasury. It can also be used in the NFT marketplace. Users earn AXS either in-game or by staking their tokens.
Here’s why Axie Infinity stands out.

## Play-to-Earn (P2E)

Axie Infinity pioneers a system where players can earn cryptocurrency by simply playing the game. Unlike traditional games, where players spend hours without financial gain, Axie rewards victories with crypto.

Players need at least three Axies to start playing. These Axies can be purchased using cryptocurrency or obtained through scholarships.

The game balances rewards by “burning” cryptocurrency during breeding, ensuring a sustainable ecosystem.

## Global impact

Axie Infinity saw [explosive growth](https://activeplayer.io/axie-infinity/) up until January 2022, where it logged 2.8 million players per month. However at the time of writing (May 2024), there are around 344,000 players per month.

For many players, Axie earnings surpassed what they could make from traditional jobs. However interest has fallen since then. Unfortunately this whole drop in interest came about due to a hack. 

## Ronin Network

In the Ronin Network breach (March 2022) hackers exploited a security flaw in the Ethereum-based sidechain created specifically for Axie Infinity. As a result of this cyber attack, approximately US$625 million worth of cryptocurrency was [stolen](https://www.investing.com/news/cryptocurrency-news/ronin-network-breached-hackers-steal-over-600m-from-ronin-network-2794472). 

Many players had their digital assets stored on the platform, and company-owned funds were taken as well.

The breach left thousands of users out of pocket, affecting their investments and in-game holdings. This also made the price of the Axie token drop, so people had less incentive to play.

Axie Infinity is expected to rebuild its popularity and is on the way to doing that. Even now, the game provides economic opportunities, especially in countries like the Philippines and Venezuela. Players only need an internet connection and a mobile phone to join in.

## Gaming scholarships

The cost of acquiring Axies can be a barrier for new players. However, the scholarship system bridges this gap. Managers (Axie owners) lend Axies to scholars, who play the game without upfront costs. The resulting crypto rewards are split between the manager and scholar.

Scholarships democratise access, allowing more players to participate in the Axie ecosystem.

## Popularity 

Despite the challenges, Axie Infinity remains a notable blockchain-based game with a dedicated community of hundreds of thousands, and a unique play-to-earn model.

## Conclusion: Buy Axie Infinity Shards (AXS)

Axie Infinity combines entertainment, financial incentives, and community-driven governance. Dive into the Axie universe, collect your Axies, and start your play-to-earn journey.

## How to Buy Axie Infinity on CoinJar

CoinJar makes it easy to acquire Axie Infinity tokens (AXS). Follow these steps:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android. Create an account and verify your ID.

Deposit Funds: Transfer funds from your bank account. 

Buy AXS: Purchase AXS. Welcome to the Axie Infinity club! 

_Please note, CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk._


Currency=AXS.svg

Buy Axie Infinity (AXS): Axie Infinity is a [blockchain](https://www.coinjar.com/learn/what-is-blockchain)-based game. It enables players to collect and battle Axies, earn cryptocurrency, and participate in a decentralized ecosystem. 

The [Axie Infinity game](https://axieinfinity.com/) is a project that combines gaming, decentralized finance (DeFi), and [non-fungible tokens](https://www.coinjar.com/learn/what-are-nfts) (NFTs). 

## What Is Axie Infinity?

It is a play-to-earn blockchain game built on the Ethereum network. Inspired by the Pokémon universe, players collect and raise creatures called “Axies.” Each Axie is a unique NFT, making ownership a valuable asset. 

Axie Infinity runs on the [Ronin Network](https://roninchain.com/) with the “Axie Infinity Token” or AXS as the main gaming currency.

AXS (Axie Infinity Shards) is the governance token of Axie Infinity. It gives holders the right to vote on upgrades to the game and how to use the community treasury. It can also be used in the NFT marketplace. Users earn AXS either in-game or by staking their tokens.
Here’s why Axie Infinity stands out.

## Play-to-Earn (P2E)

Axie Infinity pioneers a system where players can earn cryptocurrency by simply playing the game. Unlike traditional games, where players spend hours without financial gain, Axie rewards victories with crypto.

Players need at least three Axies to start playing. These Axies can be purchased using cryptocurrency or obtained through scholarships.

The game balances rewards by “burning” cryptocurrency during breeding, ensuring a sustainable ecosystem.

## Global impact

Axie Infinity saw [explosive growth](https://activeplayer.io/axie-infinity/) up until January 2022, where it logged 2.8 million players per month. However at the time of writing (May 2024), there are around 344,000 players per month.

For many players, Axie earnings surpassed what they could make from traditional jobs. However interest has fallen since then. Unfortunately this whole drop in interest came about due to a hack. 

## Ronin Network

In the Ronin Network breach (March 2022) hackers exploited a security flaw in the Ethereum-based sidechain created specifically for Axie Infinity. As a result of this cyber attack, approximately US$625 million worth of cryptocurrency was [stolen](https://www.investing.com/news/cryptocurrency-news/ronin-network-breached-hackers-steal-over-600m-from-ronin-network-2794472). 

Many players had their digital assets stored on the platform, and company-owned funds were taken as well.

The breach left thousands of users out of pocket, affecting their investments and in-game holdings. This also made the price of the Axie token drop, so people had less incentive to play.

Axie Infinity is expected to rebuild its popularity and is on the way to doing that. Even now, the game provides economic opportunities, especially in countries like the Philippines and Venezuela. Players only need an internet connection and a mobile phone to join in.

## Gaming scholarships

The cost of acquiring Axies can be a barrier for new players. However, the scholarship system bridges this gap. Managers (Axie owners) lend Axies to scholars, who play the game without upfront costs. The resulting crypto rewards are split between the manager and scholar.

Scholarships democratise access, allowing more players to participate in the Axie ecosystem.

## Popularity 

Despite the challenges, Axie Infinity remains a notable blockchain-based game with a dedicated community of hundreds of thousands, and a unique play-to-earn model.

## Conclusion: Buy Axie Infinity Shards (AXS)

Axie Infinity combines entertainment, financial incentives, and community-driven governance. Dive into the Axie universe, collect your Axies, and start your play-to-earn journey.

## How to Buy Axie Infinity on CoinJar

CoinJar makes it easy to acquire Axie Infinity tokens (AXS). Follow these steps:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android. Create an account and verify your ID.

Deposit Funds: Transfer funds from your bank account. 

Buy AXS: Purchase AXS. Welcome to the Axie Infinity club! 

_Please note, CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk._


Axie Infinity

Buy Axie Infinity (AXS): Axie Infinity is a [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain)-based game. It enables players to collect and battle Axies, earn cryptocurrency, and participate in a decentralised ecosystem. 

The [Axie Infinity game](https://axieinfinity.com/) is a project that combines gaming, decentralised finance (DeFi), and [non-fungible tokens](https://www.coinjar.com/au/learn/what-are-nfts) (NFTs). 

## What Is Axie Infinity?

It is a play-to-earn blockchain game built on the Ethereum network. Inspired by the Pokémon universe, players collect and raise creatures called “Axies.” Each Axie is a unique NFT, making ownership a valuable asset. 

Axie Infinity runs on the [Ronin Network](https://roninchain.com/) with the “Axie Infinity Token” or AXS as the main gaming currency.

AXS (Axie Infinity Shards) is the governance token of Axie Infinity. It gives holders the right to vote on upgrades to the game and how to use the community treasury. It can also be used in the NFT marketplace. Users earn AXS either in-game or by staking their tokens.
Here’s why Axie Infinity stands out.

## Play-to-Earn (P2E)

Axie Infinity pioneers a system where players can earn cryptocurrency by simply playing the game. Unlike traditional games, where players spend hours without financial gain, Axie rewards victories with crypto.

Players need at least three Axies to start playing. These Axies can be purchased using cryptocurrency or obtained through scholarships.
The game balances rewards by “burning” cryptocurrency during breeding, ensuring a sustainable ecosystem.

## Global impact

Axie Infinity saw [explosive growth](https://activeplayer.io/axie-infinity/) up until January 2022, where it logged 2.8 million players per month. However at the time of writing (May 2024), there are around 344,000 players per month.

For many players, Axie earnings surpassed what they could make from traditional jobs. However interest has fallen since then. Unfortunately this whole drop in interest came about due to a hack. 

## Ronin Network

In the Ronin Network breach (March 2022) hackers exploited a security flaw in the Ethereum-based sidechain created specifically for Axie Infinity. As a result of this cyber attack, approximately US$625 million worth of cryptocurrency was [stolen](https://www.investing.com/news/cryptocurrency-news/ronin-network-breached-hackers-steal-over-600m-from-ronin-network-2794472). 

Many players had their digital assets stored on the platform, and company-owned funds were taken as well.

The breach left thousands of users out of pocket, affecting their investments and in-game holdings. This also made the price of the Axie token drop, so people had less incentive to play.

Axie Infinity is expected to rebuild its popularity and is on the way to doing that. Even now, the game provides economic opportunities, especially in countries like the Philippines and Venezuela. Players only need an internet connection and a mobile phone to join in.

## Gaming scholarships

The cost of acquiring Axies can be a barrier for new players. However, the scholarship system bridges this gap. Managers (Axie owners) lend Axies to scholars, who play the game without upfront costs. The resulting crypto rewards are split between the manager and scholar.
Scholarships democratise access, allowing more players to participate in the Axie ecosystem.

## Popularity 

Despite the challenges, Axie Infinity remains a notable blockchain-based game with a dedicated community of hundreds of thousands, and a unique play-to-earn model.

## Conclusion: Buy Axie Infinity Shards (AXS)

Axie Infinity combines entertainment, financial incentives, and community-driven governance. Dive into the Axie universe, collect your Axies, and start your play-to-earn journey.

## How to Buy Axie Infinity on CoinJar

CoinJar, Australia’s longest-running crypto exchange, makes it easy to acquire Axie Infinity tokens (AXS). Follow these steps:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android. Create an account and verify your ID.

Deposit Funds: Transfer funds from your bank account. 

Buy AXS: Purchase AXS. Welcome to the Axie Infinity club! 

_Please note, CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk._


How to Buy Axie Infinity (AXS): Axie Infinity is a [blockchain](https://www.coinjar.com/uk/learn/what-is-blockchain)-based game. It enables players to collect and battle Axies, earn cryptocurrency, and participate in a decentralised ecosystem. 

The [Axie Infinity game](https://axieinfinity.com/) is a project that combines gaming, decentralised finance (DeFi), and [non-fungible tokens](https://www.coinjar.com/uk/learn/what-are-nfts) (NFTs).

## What Is Axie Infinity?

It is a play-to-earn blockchain game built on the Ethereum network. Inspired by the Pokémon universe, players collect and raise creatures called “Axies.” Each Axie is a unique NFT, making ownership a valuable asset.

Axie Infinity runs on the [Ronin Network](https://roninchain.com/) with the “Axie Infinity Token” or AXS as the main gaming currency.

AXS (Axie Infinity Shards) is the governance token of Axie Infinity. It gives holders the right to vote on upgrades to the game and how to use the community treasury. It can also be used in the NFT marketplace. Users earn AXS either in-game or by staking their tokens.

Here’s why Axie Infinity stands out.

## Play-to-Earn (P2E)

Axie Infinity pioneers a system where players can earn cryptocurrency by simply playing the game. Unlike traditional games, where players spend hours without earning a financial reward, Axie rewards victories with crypto.

Players need at least three Axies to start playing. These Axies can be purchased using cryptocurrency or obtained through scholarships.

The game balances rewards by “burning” cryptocurrency during breeding, ensuring a sustainable ecosystem.

## Global impact

Axie Infinity saw [explosive growth](https://activeplayer.io/axie-infinity/) up until January 2022, where it logged 2.8 million players per month. However at the time of writing (May 2024), there are around 344,000 players per month.

For many players, Axie earnings surpassed what they could make from traditional jobs. However interest has fallen since then. Unfortunately this whole drop in interest came about due to a hack.

## Ronin Network

In the Ronin Network breach (March 2022) hackers exploited a security flaw in the Ethereum-based sidechain created specifically for Axie Infinity. As a result of this cyber attack, approximately US$625 million worth of cryptocurrency was [stolen](https://www.investing.com/news/cryptocurrency-news/ronin-network-breached-hackers-steal-over-600m-from-ronin-network-2794472). 

Many players had their digital assets stored on the platform, and company-owned funds were taken as well.

The breach left thousands of users out of pocket, affecting their investments and in-game holdings. This also made the price of the Axie token drop, so people had less incentive to play.

Axie Infinity is expected to rebuild its popularity and is on the way to doing that. Even now, the game provides economic opportunities, especially in countries like the Philippines and Venezuela. Players only need an internet connection and a mobile phone to join in.

## Gaming scholarships

The cost of acquiring Axies can be a barrier for new players. However, the scholarship system bridges this gap. Managers (Axie owners) lend Axies to scholars, who play the game without upfront costs. 

The resulting crypto rewards are split between the manager and scholar.

Scholarships democratise access, allowing more players to participate in the Axie ecosystem.

## Popularity 

Despite the challenges, Axie Infinity remains a notable blockchain-based game with a dedicated community of hundreds of thousands, and a unique play-to-earn model.
## Conclusion: Why Investors buy Axie Infinity Shards (AXS)

Axie Infinity combines entertainment, financial incentives, and community-driven governance. Decide whether to dive into the Axie universe, collect your Axies, and start your play-to-earn journey.

## How to Buy Axie Infinity on CoinJar

CoinJar, has been operating as a  crypto exchange since 2013 and  makes it convenient to acquire Axie Infinity tokens (AXS). Follow these steps:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android. Create an account and verify your ID. UK residents are required complete an assessment and wait 24 hours (see below).

Deposit Funds: Transfer funds from your bank account. 

How to buy AXS: Purchase AXS. Welcome to the Axie Infinity club!



Buy Amp (AMP): Amp is a [token](https://www.coinjar.com/global/learn/what-is-crypto) that enables instant and low-cost crypto payments. It powers the Flexa Network, a payment provider designed to enable instant and low-cost cryptocurrency transactions and also facilitates traditional payments. 

[The Flexa Network](https://flexa.network/) allows businesses to accept payment in a variety of ways including in [cryptocurrencies](https://flexa.network/currencies). It’s like a bridge between traditional payment methods and digital assets.

### Utility token

AMP is a type of cryptocurrency that serves a specific purpose within the Flexa ecosystem. 

### Flexa Network

The Flexa Network acts as a bridge between traditional payment methods (like credit cards) and digital assets (cryptocurrencies).

It allows businesses and consumers to make payments using cryptocurrencies like Bitcoin or Ethereum.

### How does AMP work?

Imagine you’re buying a product online using AMP (Flexa’s native token). When you pay with AMP, an equivalent value of AMP tokens is temporarily locked up as collateral.

The transaction is confirmed on the blockchain, and the AMP collateral is released.

## Why do investors buy AMP?

Here are a few reasons why people buy AMP.

### Instant settlements

AMP facilitates immediate settlement of payments. When you make a purchase using AMP, the transaction is confirmed quickly, allowing merchants to receive funds without delays.

### Collateralization

AMP acts as collateral for transactions. When you pay with AMP, it’s locked up as collateral until the transaction is confirmed. 

### Low transaction fees

The Flexa Network aims to minimize transaction fees. By using AMP, users can avoid high fees associated with traditional payment methods.

## How does AMP work?

Imagine you’re buying a cup of coffee using AMP.

The user initiates payment: They scan a QR code at the coffee shop to pay with AMP.

Collateralization: The equivalent value of AMP tokens is locked up as collateral in a smart contract.

Transaction confirmation: The transaction is broadcast to the network. Validators confirm it, and the coffee shop receives the payment.

Unlocking collateral: Once confirmed, the AMP collateral is released, completing the transaction.

## How to buy AMP

### 1. Choose a reliable cryptocurrency exchange

The first step in buying crypto is selecting a trustworthy exchange or trading platform. Here are some key factors to consider:

Reputation: Research the exchange’s reputation, security protocols, and history of handling user funds. CoinJar, for instance, has [great reviews](https://au.trustpilot.com/review/www.coinjar.com) from independent platforms like Trustpilot.

Ease of use: Opt for an exchange with a user-friendly interface that suits your level of experience.

Fees: Compare fees, spreads, and any hidden costs associated with transactions. CoinJar’s fees are some of the most competitive around.

Customer support: Look for exchanges that offer responsive customer service. CoinJar’s customer support has an excellent reputation.

Number of supported Coins: Consider the variety of cryptocurrencies available on the platform. CoinJar offers a seamless experience for buying, selling, and storing crypto, with over 60 cryptocurrencies to choose from.

### 2. Create an account and verify your identity

Once you’ve chosen CoinJar as your exchange, sign up for an account. You’ll need to provide personal information and undergo a verification process. This typically involves verifying your identity and linking your bank account.

### 3. Fund your account

To buy AMP, you’ll need to deposit funds into your CoinJar account. You can use various payment methods:

Bank transfer: Transfer fiat currency (such as US dollars) from your bank account to CoinJar.

Debit or credit card: CoinJar has an Instant Buy facility where you can [purchase crypto](https://www.coinjar.com/global/learn/how-to-buy-crypto) instantly with a card. Simply link your card and proceed with the purchase.

### 4. Purchase AMP

Once your account is funded, choose AMP. Specify the amount of AMP you want to purchase. Take a look at the fees associated with the transaction. Press the confirm button, and voilà! You now have AMP in your CoinJar wallet.

### 5. Secure your investment

After purchasing AMP, you have two options.

Keep it on the exchange: If you want easy access for future trades or exchanges, leave your AMP in your CoinJar wallet.

Transfer to an external wallet: For added security, consider transferring your AMP to an external digital wallet.


Currency=AMP.svg

Buy Amp (AMP): Amp is a [token](https://www.coinjar.com/learn/what-is-crypto) that enables instant and low-cost crypto payments. It powers the Flexa Network, a payment provider designed to enable instant and low-cost cryptocurrency transactions and also facilitates traditional payments. 

[The Flexa Network](https://flexa.network/) allows businesses to accept payment in a variety of ways including in [cryptocurrencies](https://flexa.network/currencies). It’s like a bridge between traditional payment methods and digital assets.

### Utility token

AMP is a type of cryptocurrency that serves a specific purpose within the Flexa ecosystem. 

### Flexa Network

The Flexa Network acts as a bridge between traditional payment methods (like credit cards) and digital assets (cryptocurrencies).

It allows businesses and consumers to make payments using cryptocurrencies like Bitcoin or Ethereum.

### How does AMP work?

Imagine you’re buying a product online using AMP (Flexa’s native token). When you pay with AMP, an equivalent value of AMP tokens is temporarily locked up as collateral.

The transaction is confirmed on the blockchain, and the AMP collateral is released.

## Why do investors buy AMP?

Here are a few reasons why people buy AMP.

### Instant settlements

AMP facilitates immediate settlement of payments. When you make a purchase using AMP, the transaction is confirmed quickly, allowing merchants to receive funds without delays.

### Collateralization

AMP acts as collateral for transactions. When you pay with AMP, it’s locked up as collateral until the transaction is confirmed. 

### Low transaction fees

The Flexa Network aims to minimize transaction fees. By using AMP, users can avoid high fees associated with traditional payment methods.

## How does AMP work?

Imagine you’re buying a cup of coffee using AMP.

The user initiates payment: They scan a QR code at the coffee shop to pay with AMP.

Collateralization: The equivalent value of AMP tokens is locked up as collateral in a smart contract.

Transaction confirmation: The transaction is broadcast to the network. Validators confirm it, and the coffee shop receives the payment.

Unlocking collateral: Once confirmed, the AMP collateral is released, completing the transaction.

## How to buy AMP

### 1. Choose a reliable cryptocurrency exchange

The first step in buying crypto is selecting a trustworthy exchange or trading platform. Here are some key factors to consider:

Reputation: Research the exchange’s reputation, security protocols, and history of handling user funds. CoinJar, for instance, has [great reviews](https://au.trustpilot.com/review/www.coinjar.com) from independent platforms like Trustpilot.

Ease of use: Opt for an exchange with a user-friendly interface that suits your level of experience.

Fees: Compare fees, spreads, and any hidden costs associated with transactions. CoinJar’s fees are some of the most competitive around.

Customer support: Look for exchanges that offer responsive customer service. CoinJar’s customer support has an excellent reputation.

Number of supported Coins: Consider the variety of cryptocurrencies available on the platform. CoinJar offers a seamless experience for buying, selling, and storing crypto, with over 60 cryptocurrencies to choose from.

### 2. Create an account and verify your identity

Once you’ve chosen CoinJar as your exchange, sign up for an account. You’ll need to provide personal information and undergo a verification process. This typically involves verifying your identity and linking your bank account.

### 3. Fund your account

To buy AMP, you’ll need to deposit funds into your CoinJar account. You can use various payment methods:

Bank transfer: Transfer fiat currency (such as US dollars) from your bank account to CoinJar.

Debit or credit card: CoinJar has an Instant Buy facility where you can [purchase crypto](https://www.coinjar.com/learn/how-to-buy-crypto) instantly with a card. Simply link your card and proceed with the purchase.

### 4. Purchase AMP

Once your account is funded, choose AMP. Specify the amount of AMP you want to purchase. Take a look at the fees associated with the transaction. Press the confirm button, and voilà! You now have AMP in your CoinJar wallet.

### 5. Secure your investment

After purchasing AMP, you have two options.

Keep it on the exchange: If you want easy access for future trades or exchanges, leave your AMP in your CoinJar wallet.

Transfer to an external wallet: For added security, consider transferring your AMP to an external digital wallet.


Buy Amp (AMP): Amp is a token that enables instant and competitive cost [crypto] (https://www.coinjar.com/uk/learn/what-is-crypto) payments. It powers the [Flexa Network] (https://flexa.network/), a payment provider designed to enable instant and low-cost cryptocurrency transactions and also facilitates traditional payments. 

The Flexa Network allows businesses to accept [payment] (https://flexa.network/currencies) in a variety of ways including in cryptocurrencies. It’s like a bridge between traditional payment methods and digital assets.

### Utility token

AMP is a type of cryptocurrency that serves a specific purpose within the Flexa ecosystem. 

### Flexa Network

The Flexa Network acts as a bridge between traditional payment methods (like credit cards) and digital assets (cryptocurrencies).

It allows businesses and consumers to make payments using cryptocurrencies like Bitcoin or Ethereum.

### How does AMP work?

Imagine you’re buying a product online using AMP (Flexa’s native token). When you pay with AMP, an equivalent value of AMP tokens is temporarily locked up as collateral.
The transaction is confirmed on the blockchain, and the AMP collateral is released.

## Why do investors buy AMP?

Here are a few reasons why people buy AMP.

### Instant settlements

AMP facilitates immediate settlement of payments. When you make a purchase using AMP, the transaction is confirmed quickly, allowing merchants to receive funds without delays.

### Collateralisation

AMP acts as collateral for transactions. When you pay with AMP, it’s locked up as collateral until the transaction is confirmed. 

### Competitive transaction fees

The Flexa Network aims to minimise transaction fees. By using AMP, users can avoid uncompetitive fees associated with traditional payment methods.

## How Does AMP Work?

Imagine you’re buying a cup of coffee using AMP.

The user initiates payment: They scan a QR code at the coffee shop to pay with AMP.

Collateralisation: The equivalent value of AMP tokens is locked up as collateral in a smart contract.

Transaction confirmation: The transaction is broadcast to the network. Validators confirm it, and the coffee shop receives the payment.

Unlocking collateral: Once confirmed, the AMP collateral is released, completing the transaction.

## How to buy AMP on CoinJar

### 1. Choose a reliable cryptocurrency exchange

The first step in buying crypto is selecting a trustworthy exchange or trading platform. 

Here are some key factors to consider:

Reputation: Research the exchange’s reputation, security protocols, and history of handling user funds. CoinJar, for instance, has positive reviews from independent platforms like Trustpilot.

Practicality: Opt for an exchange with a user-friendly interface that suits your level of experience.

Fees: Compare fees, spreads, and any hidden costs associated with transactions. CoinJar’s fees are some of the most competitive around.

Customer support: Look for exchanges that offer responsive customer service. CoinJar’s customer support has an excellent reputation.

Number of supported Coins: Consider the variety of cryptocurrencies available on the platform. CoinJar offers a seamless experience for buying, selling, and storing crypto, with over 60 cryptocurrencies to choose from.

### 2. Create an account and verify your identity

Once you’ve chosen CoinJar as your exchange, sign up for an account. You’ll need to provide personal information and undergo a verification process. This typically involves verifying your identity and linking your bank account. 

UK residents are required (in accordance with local legislation) to complete an assessment and wait 24-hours (see below).

### 3. Fund your account

To buy AMP, you’ll need to [deposit funds] (https://www.coinjar.com/uk/learn/how-to-buy-crypto)  into your CoinJar account. You can use various payment methods:

Bank transfer: Transfer fiat currency (such as Pounds Sterling) from your bank account to CoinJar.

Debit or credit card: CoinJar has an Instant Buy facility where you can purchase crypto instantly with a card. Simply link your card and proceed with the purchase.

### 4. Purchase AMP

Once your account is funded, choose AMP. Specify the amount of AMP you want to purchase. Take a look at the fees associated with the transaction. Press the confirm button, and voilà! You now have AMP in your CoinJar wallet.

### 5. Protect your investment

After purchasing AMP, you have two options.

Keep it on the exchange: If you want convenient access for future trades or exchanges, leave your AMP in your CoinJar wallet.

Transfer to an external wallet: For added protection, consider transferring your AMP to an external digital wallet.

CoinJar Wallet: CoinJar provides its own wallet service. It is convenient, however being an online wallet there is a risk that it may be a victim of a cyberattack. Online wallets are also called “hot wallets”.

External Wallets: If you want to hold on to your Bitcoin for a while, you can transfer your Bitcoin to an external wallet. Hardware wallets are also known as “cold wallets” (like Ledger or Trezor) and these are effective for long-term storage as they are offline and seriously difficult to hack.

CoinJar has been operating since 2013. CoinJar keep the vast majority of customer assets in cold storage or private [multi-sig wallets] (https://www.coinjar.com/uk/learn/how-to-store-crypto) and maintain full currency reserves at all times.


Buy Amp (AMP): Amp is a [token](https://www.coinjar.com/au/learn/what-is-crypto) that enables instant and low-cost crypto payments. It powers the Flexa Network, a payment provider designed to enable instant and low-cost cryptocurrency transactions and also facilitates traditional payments. 

[The Flexa Network](https://flexa.network/) allows businesses to accept payment in a variety of ways including in [cryptocurrencies](https://flexa.network/currencies). It’s like a bridge between traditional payment methods and digital assets.

### Utility token

AMP is a type of cryptocurrency that serves a specific purpose within the Flexa ecosystem. 

### Flexa Network

The Flexa Network acts as a bridge between traditional payment methods (like credit cards) and digital assets (cryptocurrencies).

It allows businesses and consumers to make payments using cryptocurrencies like Bitcoin or Ethereum.

### How does AMP work?

Imagine you’re buying a product online using AMP (Flexa’s native token). When you pay with AMP, an equivalent value of AMP tokens is temporarily locked up as collateral.

The transaction is confirmed on the blockchain, and the AMP collateral is released.

## Why do investors buy AMP?

Here are a few reasons why people buy AMP.

### Instant settlements

AMP facilitates immediate settlement of payments. When you make a purchase using AMP, the transaction is confirmed quickly, allowing merchants to receive funds without delays.

### Collateralisation

AMP acts as collateral for transactions. When you pay with AMP, it’s locked up as collateral until the transaction is confirmed. 

### Low transaction fees

The Flexa Network aims to minimise transaction fees. By using AMP, users can avoid high fees associated with traditional payment methods.

## How does AMP work?

Imagine you’re buying a cup of coffee using AMP.

The user initiates payment: They scan a QR code at the coffee shop to pay with AMP.

Collateralisation: The equivalent value of AMP tokens is locked up as collateral in a smart contract.

Transaction confirmation: The transaction is broadcast to the network. Validators confirm it, and the coffee shop receives the payment.

Unlocking collateral: Once confirmed, the AMP collateral is released, completing the transaction.

## How to buy AMP

### 1. Choose a reliable cryptocurrency exchange

The first step in buying crypto is selecting a trustworthy exchange or trading platform. Here are some key factors to consider:

Reputation: Research the exchange’s reputation, security protocols, and history of handling user funds. CoinJar, for instance, has [great reviews](https://au.trustpilot.com/review/www.coinjar.com) from independent platforms like Trustpilot.

Ease of use: Opt for an exchange with a user-friendly interface that suits your level of experience.

Fees: Compare fees, spreads, and any hidden costs associated with transactions. CoinJar’s fees are some of the most competitive around.

Customer support: Look for exchanges that offer responsive customer service. CoinJar’s customer support has an excellent reputation.

Number of supported Coins: Consider the variety of cryptocurrencies available on the platform. CoinJar offers a seamless experience for buying, selling, and storing crypto, with over 60 cryptocurrencies to choose from.

### 2. Create an account and verify your identity

Once you’ve chosen CoinJar as your exchange, sign up for an account. You’ll need to provide personal information and undergo a verification process. This typically involves verifying your identity and linking your bank account.

### 3. Fund your account

To buy AMP, you’ll need to deposit funds into your CoinJar account. You can use various payment methods:

Bank transfer: Transfer fiat currency (such as Australian dollars) from your bank account to CoinJar.

Debit or credit card: CoinJar has an Instant Buy facility where you can [purchase crypto](https://www.coinjar.com/au/learn/how-to-buy-crypto) instantly with a card. Simply link your card and proceed with the purchase.

### 4. Purchase AMP

Once your account is funded, choose AMP. Specify the amount of AMP you want to purchase. Take a look at the fees associated with the transaction. Press the confirm button, and voilà! You now have AMP in your CoinJar wallet.

### 5. Secure your investment

After purchasing AMP, you have two options.

Keep it on the exchange: If you want easy access for future trades or exchanges, leave your AMP in your CoinJar wallet.

Transfer to an external wallet: For added security, consider transferring your AMP to an external digital wallet.


Buy Fantom (FTM): Fantom is a native [utility token (https://www.coinjar.com/global/learn/what-is-crypto) used within the Fantom network. It can be used for paying for things in the network, voting on changes to the network, and for using DeFi apps.

[Fantom](https://fantom.foundation/) is a smart contract platform similar to Ethereum, Solana, and other platforms. It allows developers to build decentralised applications (dApps) and launch digital assets. 

Most of the [top 10 dApps](https://dappradar.com/rankings/protocol/fantom) [on Fantom](https://dappradar.com/rankings/protocol/fantom) fall into the games, DeFi and Exchange categories. 

## Cool things of Fantom

### Estfor Kingdom

[Estfor Kingdom](https://estfor.com/) is a mediaeval fantasy multiplayer browser-based blockchain game built on the Fantom Opera network. Players can immerse themselves in a world of magic, quests, and heroism. Players can select their hero and specialise in physical, ranged, or magical arts. As they progress, they’ll unlock new abilities and combat powers.

Players come across monsters, learn their weaknesses, and level up their combat skills. The more they fight, the greater the rewards. Players can loot, mine, craft, buy, sell, or even steal valuable items. Climbing the ranks in Estfor requires strategic use of these items.

Players can also incubate, upgrade, and hatch eggs to create cute and powerful pets. Players can collaborate with friends and other players by forming or joining a clan. Clans can battle each other for real money rewards.

All items in Estfor Kingdom are non-fungible tokens (NFTs) owned by players. 

### SpookySwap

[SpookySwap](https://spooky.fi/) is a digital marketplace that lives on the Fantom blockchain, where people can trade their tokens directly with each other. No central authority controls it; it’s all powered by smart contracts and the community.

### Robots.Farm

[Robots.farm](https://robots.farm/) is a play-to-earn platform that combines gaming and crypto on the Fantom blockchain. Robots work together, grow crops, and earn rewards. 
Players can go on quests which boost chances of getting airdrops (free tokens) and other goodies.

## Why Buy Fantom?

### Scalability and speed

Fantom stands out due to its focus on scalability. Unlike some other blockchains, Fantom can handle a high throughput of transactions without compromising speed or security. This makes it attractive for developers building decentralized applications (dApps) and running smart contracts.

### Proof-of-Stake (PoS) model

Fantom uses a PoS model to secure its network. Users can stake their FTM tokens to participate in consensus and earn rewards. Staking not only contributes to network security but also allows token holders to earn passive income.

### Low transaction fees

FTM tokens are used to pay for transaction fees on the Fantom network. These fees are significantly lower than those on Ethereum, making Fantom an appealing choice for cost-conscious users.

### Ecosystem growth

Fantom’s ecosystem [continues to expand](https://ambcrypto.com/fantom-dex-volume-surges-proves-one-exit-is-not-the-end/), with new projects, partnerships, and integrations. As more applications are built on Fantom, demand for FTM tokens is likely to increase.

## Fantom: How it works

Acquiring FTM: You can purchase FTM on various exchanges, including CoinJar.

Storing FTM: Store your FTM tokens in a secure wallet. 

Staking FTM: Stake your FTM tokens to participate in network consensus. Staking rewards vary based on the amount of FTM you stake and the network’s overall performance.

Using FTM: Use FTM for transactions, whether sending funds or interacting with dApps. 

Take advantage of the low fees and fast confirmation times.

## Buy Fantom (FTM): Conclusion 

Fantom offers scalability, a PoS model, low fees, and a growing ecosystem. Whether you’re a developer, investor, or crypto enthusiast, consider exploring Fantom as part of your portfolio.

## How to buy Fantom on CoinJar

Fantom is a protocol layer blockchain similar to Ethereum. It allows users to transact, launch smart contracts, and build decentralised applications (dApps), with a particular focus on DeFi projects. 

Built on top of Ethereum, Fantom employs a unique consensus mechanism (known as Lachesis) to deliver faster and cheaper transactions – typically 1-2 seconds and costing 0.001 cents. Fantom is capable of handling thousands of transactions per second.

Here’s how you can buy Fantom on CoinJar.

Sign Up: Get the CoinJar app.

Open an Account: Sign up using ID. This process usually takes just a few minutes.

Deposit Funds: Transfer funds from your bank account to CoinJar.

Buy Fantom (FTM): Once your account is funded, choose Fantom. 

Stay Informed: Keep an eye on Fantom’s ecosystem and any updates related to the protocol.
_
Please note, CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk._


Currency=FTM.svg

Buy Fantom (FTM): Fantom is a native [utility token (https://www.coinjar.com/learn/what-is-crypto) used within the Fantom network. It can be used for paying for things in the network, voting on changes to the network, and for using DeFi apps.

[Fantom](https://fantom.foundation/) is a smart contract platform similar to Ethereum, Solana, and other platforms. It allows developers to build decentralised applications (dApps) and launch digital assets. 

Most of the [top 10 dApps](https://dappradar.com/rankings/protocol/fantom) [on Fantom](https://dappradar.com/rankings/protocol/fantom) fall into the games, DeFi and Exchange categories. 

## Cool things of Fantom

### Estfor Kingdom

[Estfor Kingdom](https://estfor.com/) is a mediaeval fantasy multiplayer browser-based blockchain game built on the Fantom Opera network. Players can immerse themselves in a world of magic, quests, and heroism. Players can select their hero and specialise in physical, ranged, or magical arts. As they progress, they’ll unlock new abilities and combat powers.

Players come across monsters, learn their weaknesses, and level up their combat skills. The more they fight, the greater the rewards. Players can loot, mine, craft, buy, sell, or even steal valuable items. Climbing the ranks in Estfor requires strategic use of these items.

Players can also incubate, upgrade, and hatch eggs to create cute and powerful pets. Players can collaborate with friends and other players by forming or joining a clan. Clans can battle each other for real money rewards.

All items in Estfor Kingdom are non-fungible tokens (NFTs) owned by players. 

### SpookySwap

[SpookySwap](https://spooky.fi/) is a digital marketplace that lives on the Fantom blockchain, where people can trade their tokens directly with each other. No central authority controls it; it’s all powered by smart contracts and the community.

### Robots.Farm

[Robots.farm](https://robots.farm/) is a play-to-earn platform that combines gaming and crypto on the Fantom blockchain. Robots work together, grow crops, and earn rewards. 
Players can go on quests which boost chances of getting airdrops (free tokens) and other goodies.

## Why Buy Fantom?

### Scalability and speed

Fantom stands out due to its focus on scalability. Unlike some other blockchains, Fantom can handle a high throughput of transactions without compromising speed or security. This makes it attractive for developers building decentralized applications (dApps) and running smart contracts.

### Proof-of-Stake (PoS) model

Fantom uses a PoS model to secure its network. Users can stake their FTM tokens to participate in consensus and earn rewards. Staking not only contributes to network security but also allows token holders to earn passive income.

### Low transaction fees

FTM tokens are used to pay for transaction fees on the Fantom network. These fees are significantly lower than those on Ethereum, making Fantom an appealing choice for cost-conscious users.

### Ecosystem growth

Fantom’s ecosystem [continues to expand](https://ambcrypto.com/fantom-dex-volume-surges-proves-one-exit-is-not-the-end/), with new projects, partnerships, and integrations. As more applications are built on Fantom, demand for FTM tokens is likely to increase.

## Fantom: How it works

Acquiring FTM: You can purchase FTM on various exchanges, including CoinJar.

Storing FTM: Store your FTM tokens in a secure wallet. 

Staking FTM: Stake your FTM tokens to participate in network consensus. Staking rewards vary based on the amount of FTM you stake and the network’s overall performance.

Using FTM: Use FTM for transactions, whether sending funds or interacting with dApps. 

Take advantage of the low fees and fast confirmation times.

## Buy Fantom (FTM): Conclusion 

Fantom offers scalability, a PoS model, low fees, and a growing ecosystem. Whether you’re a developer, investor, or crypto enthusiast, consider exploring Fantom as part of your portfolio.

## How to buy Fantom on CoinJar

Fantom is a protocol layer blockchain similar to Ethereum. It allows users to transact, launch smart contracts, and build decentralised applications (dApps), with a particular focus on DeFi projects. 

Built on top of Ethereum, Fantom employs a unique consensus mechanism (known as Lachesis) to deliver faster and cheaper transactions – typically 1-2 seconds and costing 0.001 cents. Fantom is capable of handling thousands of transactions per second.

Sign Up: Get the CoinJar app.

Open an Account: Sign up using ID. This process usually takes just a few minutes.

Deposit Funds: Transfer funds from your bank account to CoinJar.

Buy Fantom (FTM): Once your account is funded, choose Fantom. 

Stay Informed: Keep an eye on Fantom’s ecosystem and any updates related to the protocol.
_
Please note, CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk._


Fantom

Buy Fantom (FTM): Fantom is a native utility [token](https://www.coinjar.com/uk/learn/what-is-crypto) used within the Fantom network. It can be used for paying for things in the network, voting on changes to the network, and for using DeFi apps.

[Fantom](https://fantom.foundation/) is a smart contract platform similar to Ethereum, Solana, and other platforms. It allows developers to build decentralised applications (dApps) and launch digital assets. 

Most of the [top 10 dApps](https://dappradar.com/rankings/protocol/fantom) on [Fantom](https://dappradar.com/rankings/protocol/fantom) fall into the games, DeFi and Exchange categories. 

## Cool things on Fantom

### Estfor Kingdom

[Estfor Kingdom](https://estfor.com/) is a mediaeval fantasy multiplayer browser-based blockchain game built on the Fantom Opera network. 

Players can immerse themselves in a world of magic, quests, and heroism. Players can select their hero and specialise in physical, ranged, or magical arts. As they progress, they’ll unlock new abilities and combat powers.

Players come across monsters, learn their weaknesses, and level up their combat skills. The more they fight, the greater the rewards. Players can loot, mine, craft, buy, sell, or even steal valuable items. Climbing the ranks in Estfor requires strategic use of these items.

Players can also incubate, upgrade, and hatch eggs to create cute and powerful pets. Players can collaborate with friends and other players by forming or joining a clan. Clans can battle each other for real money rewards.

All items in Estfor Kingdom are non-fungible tokens (NFTs) owned by players. 

### SpookySwap

[SpookySwap](https://spooky.fi/) is a digital marketplace that lives on the Fantom blockchain, where people can trade their tokens directly with each other. No central authority controls it; it’s all powered by smart contracts and the community.

### Robots.Farm

[Robots.farm](https://robots.farm/) is a play-to-earn platform that combines gaming and crypto on the Fantom blockchain. Robots work together, grow crops, and earn rewards. 
Players can go on quests which boost chances of getting airdrops (free tokens) and other goodies.

## Why do investors buy Fantom?

### Scalability and speed

Fantom stands out due to its focus on scalability. Unlike some other blockchains, Fantom can handle a high throughput of transactions without compromising speed or protection. This makes it attractive for developers building decentralised applications (dApps) and running smart contracts.

### Proof-of-Stake (PoS) model

Fantom uses a PoS model to protect its network. Users can stake their FTM tokens to participate in consensus and earn rewards. Staking not only contributes to network protection but also allows token holders to earn passive income.

### Competitive transaction fees

FTM tokens are used to pay for transaction fees on the Fantom network. These fees are significantly more competitive than those on Ethereum, making Fantom an appealing choice for cost-conscious users.

### Ecosystem growth

Fantom’s ecosystem [continues to expand](https://ambcrypto.com/fantom-dex-volume-surges-proves-one-exit-is-not-the-end/), with new projects, partnerships, and integrations. As more applications are built on Fantom, demand for FTM tokens is likely to increase.

## Fantom: How it works

Acquiring FTM: You can purchase FTM on various exchanges, including CoinJar.

Storing FTM: Store your FTM tokens in a protected wallet. 

Staking FTM: Stake your FTM tokens to participate in network consensus. Staking rewards vary based on the amount of FTM you stake and the network’s overall performance.

Using FTM: Use FTM for transactions, whether sending funds or interacting with dApps.

Take advantage of the competitive fees and better performing confirmation times.

## Why buy Fantom (FTM)? Conclusion 

Fantom offers scalability, a PoS model, competitive fees, and a growing ecosystem. Whether you’re a developer, investor, or crypto enthusiast, consider exploring Fantom as part of your portfolio.

## How to buy Fantom in the UK on CoinJar

Fantom is a protocol layer blockchain similar to Ethereum. It allows users to transact, launch smart contracts, and build decentralised applications (dApps), with a particular focus on DeFi projects. 

Built on top of Ethereum, Fantom employs a unique consensus mechanism (known as Lachesis) to deliver better performing and cost-effective transactions – typically 1-2 seconds and costing 0.001 cents. Fantom is capable of handling thousands of transactions per second.

##How to buy Fantom

Here’s how you can buy Fantom on CoinJar.

Sign Up: Get the CoinJar app.

Open an Account: Sign up using ID. This process usually takes just a few minutes.Verify your identity. UK residents are required to do an assessment and wait 24 hours (see below).

Deposit Funds: Transfer funds from your bank account to CoinJar.

Buy Fantom (FTM): Once your account is funded, choose Fantom. 

Stay Informed: Keep an eye on Fantom’s ecosystem and any updates related to the protocol.


Buy Fantom (FTM): Fantom is a native [utility token](https://www.coinjar.com/au/learn/what-is-crypto) used within the Fantom network. It can be used for paying for things in the network, voting on changes to the network, and for using DeFi apps.

[Fantom](https://fantom.foundation/) is a smart contract platform similar to Ethereum, Solana, and other platforms. It allows developers to build decentralised applications (dApps) and launch digital assets. 

Most of the [top 10 dApps](https://dappradar.com/rankings/protocol/fantom) [on Fantom](https://dappradar.com/rankings/protocol/fantom) fall into the games, DeFi and Exchange categories. 

## Cool things of Fantom

### Estfor Kingdom

[Estfor Kingdom](https://estfor.com/) is a mediaeval fantasy multiplayer browser-based blockchain game built on the Fantom Opera network. Players can immerse themselves in a world of magic, quests, and heroism. Players can select their hero and specialise in physical, ranged, or magical arts. As they progress, they’ll unlock new abilities and combat powers.

Players come across monsters, learn their weaknesses, and level up their combat skills. The more they fight, the greater the rewards. Players can loot, mine, craft, buy, sell, or even steal valuable items. Climbing the ranks in Estfor requires strategic use of these items.

Players can also incubate, upgrade, and hatch eggs to create cute and powerful pets. Players can collaborate with friends and other players by forming or joining a clan. Clans can battle each other for real money rewards.

All items in Estfor Kingdom are non-fungible tokens (NFTs) owned by players. 

### SpookySwap

[SpookySwap](https://spooky.fi/) is a digital marketplace that lives on the Fantom blockchain, where people can trade their tokens directly with each other. No central authority controls it; it’s all powered by smart contracts and the community.

### Robots.Farm

[Robots.farm](https://robots.farm/) is a play-to-earn platform that combines gaming and crypto on the Fantom blockchain. Robots work together, grow crops, and earn rewards. 
Players can go on quests which boost chances of getting airdrops (free tokens) and other goodies.

## Why Buy Fantom?

### Scalability and speed

Fantom stands out due to its focus on scalability. Unlike some other blockchains, Fantom can handle a high throughput of transactions without compromising speed or security. This makes it attractive for developers building decentralised applications (dApps) and running smart contracts.

### Proof-of-Stake (PoS) model

Fantom uses a PoS model to secure its network. Users can stake their FTM tokens to participate in consensus and earn rewards. Staking not only contributes to network security but also allows token holders to earn passive income.

### Low transaction fees

FTM tokens are used to pay for transaction fees on the Fantom network. These fees are significantly lower than those on Ethereum, making Fantom an appealing choice for cost-conscious users.

### Ecosystem growth

Fantom’s ecosystem [continues to expand](https://ambcrypto.com/fantom-dex-volume-surges-proves-one-exit-is-not-the-end/), with new projects, partnerships, and integrations. As more applications are built on Fantom, demand for FTM tokens is likely to increase.

## Fantom: How it works

Acquiring FTM: You can purchase FTM on various exchanges, including CoinJar.

Storing FTM: Store your FTM tokens in a secure wallet. 

Staking FTM: Stake your FTM tokens to participate in network consensus. Staking rewards vary based on the amount of FTM you stake and the network’s overall performance.

Using FTM: Use FTM for transactions, whether sending funds or interacting with dApps. 

Take advantage of the low fees and fast confirmation times.

## Buy Fantom (FTM): Conclusion 

Fantom offers scalability, a PoS model, low fees, and a growing ecosystem. Whether you’re a developer, investor, or crypto enthusiast, consider exploring Fantom as part of your portfolio.

## How to buy Fantom in Australia on CoinJar

Fantom is a protocol layer blockchain similar to Ethereum. It allows users to transact, launch smart contracts, and build decentralised applications (dApps), with a particular focus on DeFi projects. 

Built on top of Ethereum, Fantom employs a unique consensus mechanism (known as Lachesis) to deliver faster and cheaper transactions – typically 1-2 seconds and costing 0.001 cents. Fantom is capable of handling thousands of transactions per second.

##How to buy Fantom

Here’s how you can buy Fantom on CoinJar.

Sign Up: Get the CoinJar app.

Open an Account: Sign up using ID. This process usually takes just a few minutes.

Deposit Funds: Transfer funds from your bank account to CoinJar.

Buy Fantom (FTM): Once your account is funded, choose Fantom. 

Stay Informed: Keep an eye on Fantom’s ecosystem and any updates related to the protocol.
_
Please note, CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk._


Buy Chiliz (CHZ): Empowering sports fans with [crypto](https://www.coinjar.com/global/learn/what-is-crypto). Chiliz is a cryptocurrency token that has become popular among sports enthusiasts and fans worldwide.

## What Is Chiliz?

[Chiliz](https://www.chiliz.com/) is a blockchain-based platform that aims to revolutionize fan engagement in the sports and entertainment industry. It provides a unique way for fans to interact with their favorite sports teams and clubs. 

### Fan tokens

CHZ powers a concept called “Fan Tokens.” These tokens represent ownership in specific sports teams or clubs. When fans purchase Fan Tokens, they gain a voice and influence within the team’s ecosystem.

### Socios.com

CHZ operates on Socios.com, a platform where fans can buy, trade, and use Fan Tokens. On Socios.com, fans can participate in various activities related to their favourite teams, such as voting on team decisions, accessing exclusive content, and earning rewards.

### Blockchain voting

Fan Tokens are built on the Chiliz blockchain. Fans can vote on team-related matters using their tokens. For example, they might vote on jersey designs, player signings, or even matchday experiences.

## Why Buy Chiliz (CHZ) tokens?

### Exclusive benefits

Owning Fan Tokens grants fans access to exclusive content, merchandise, and experiences. Whether it’s a virtual meet-and-greet with players or limited-edition collectibles, Fan Tokens offer unique perks.

### Trading and speculation

Some fans buy CHZ tokens as an investment. They believe that the value of Fan Tokens will increase over time, especially as more teams and clubs join the platform. Trading CHZ tokens on exchanges allows fans to speculate on price movements.

## How Chiliz works

Token creation: CHZ generates Fan Tokens for specific teams and clubs. These tokens are minted on the Ethereum blockchain as ERC-20 tokens.

Team partnerships: CHZ collaborates with sports organizations to create Fan Tokens. Teams sign agreements with CHZ, and their tokens become available on Socios.com.

Fan participation: Fans can buy Fan Tokens using CHZ or other cryptocurrencies. Once they hold these tokens, they can participate in team-related decisions through blockchain-based voting.

Team benefits: Teams receive funding from the sale of Fan Tokens. This revenue can be used for various purposes, such as player acquisitions, stadium upgrades, or community initiatives.

## Conclusion: Buy Chiliz

CHZ bridges the gap between sports fans and their favorite teams, allowing fans to engage, influence, and be part of the action. CHZ offers a new way to connect with sports in the digital age. So, if you’re passionate about sports and crypto, Chilliz is the best of both worlds.

## How to Buy Chiliz (CHZ) on CoinJar

CoinJar makes it easy to purchase CHZ. 

Sign Up for CoinJar: Download the CoinJar app. Create an account and verify your ID (a quick process).

Deposit Funds: Transfer funds from your bank account.

Navigate to CHZ: Once your account is funded, open the CoinJar app. Search for CHZ.

Choose Your Transaction Amount: Enter the desired amount of Chiliz you wish to purchase.

CoinJar will display the current market price for CHZ.

Confirm Your Purchase: Preview the transaction details. Double-check the amount and confirm your purchase by clicking the “Buy CHZ” button.



Currency=CHZ.svg

Buy Chiliz (CHZ): Empowering sports fans with [crypto](https://www.coinjar.com/learn/what-is-crypto). Chiliz is a cryptocurrency token that has become popular among sports enthusiasts and fans worldwide.

## What Is Chiliz?

[Chiliz](https://www.chiliz.com/) is a blockchain-based platform that aims to revolutionize fan engagement in the sports and entertainment industry. It provides a unique way for fans to interact with their favorite sports teams and clubs. 

### Fan tokens

CHZ powers a concept called “Fan Tokens.” These tokens represent ownership in specific sports teams or clubs. When fans purchase Fan Tokens, they gain a voice and influence within the team’s ecosystem.

### Socios.com

CHZ operates on Socios.com, a platform where fans can buy, trade, and use Fan Tokens. On Socios.com, fans can participate in various activities related to their favourite teams, such as voting on team decisions, accessing exclusive content, and earning rewards.

### Blockchain voting

Fan Tokens are built on the Chiliz blockchain. Fans can vote on team-related matters using their tokens. For example, they might vote on jersey designs, player signings, or even matchday experiences.

## Why Buy Chiliz (CHZ) tokens?

### Exclusive benefits

Owning Fan Tokens grants fans access to exclusive content, merchandise, and experiences. Whether it’s a virtual meet-and-greet with players or limited-edition collectibles, Fan Tokens offer unique perks.

### Trading and speculation

Some fans buy CHZ tokens as an investment. They believe that the value of Fan Tokens will increase over time, especially as more teams and clubs join the platform. Trading CHZ tokens on exchanges allows fans to speculate on price movements.

## How Chiliz works

Token creation: CHZ generates Fan Tokens for specific teams and clubs. These tokens are minted on the Ethereum blockchain as ERC-20 tokens.

Team partnerships: CHZ collaborates with sports organizations to create Fan Tokens. Teams sign agreements with CHZ, and their tokens become available on Socios.com.

Fan participation: Fans can buy Fan Tokens using CHZ or other cryptocurrencies. Once they hold these tokens, they can participate in team-related decisions through blockchain-based voting.

Team benefits: Teams receive funding from the sale of Fan Tokens. This revenue can be used for various purposes, such as player acquisitions, stadium upgrades, or community initiatives.

## Conclusion: Buy Chiliz

CHZ bridges the gap between sports fans and their favorite teams, allowing fans to engage, influence, and be part of the action. CHZ offers a new way to connect with sports in the digital age. So, if you’re passionate about sports and crypto, Chilliz is the best of both worlds.

## How to Buy Chiliz (CHZ) on CoinJar

CoinJar makes it easy to purchase CHZ. 

Sign Up for CoinJar: Download the CoinJar app. Create an account and verify your ID (a quick process).

Deposit Funds: Transfer funds from your bank account.

Navigate to CHZ: Once your account is funded, open the CoinJar app. Search for CHZ.

Choose Your Transaction Amount: Enter the desired amount of Chiliz you wish to purchase.

CoinJar will display the current market price for CHZ.

Confirm Your Purchase: Preview the transaction details. Double-check the amount and confirm your purchase by clicking the “Buy CHZ” button.



Chiliz

Buy Chiliz (CHZ): Empowering sports fans with [crypto](https://www.coinjar.com/au/learn/what-is-crypto). Chiliz is a cryptocurrency token that has become popular among sports enthusiasts and fans worldwide.

## What Is Chiliz?

[Chiliz](https://www.chiliz.com/) is a blockchain-based platform that aims to revolutionise fan engagement in the sports and entertainment industry. It provides a unique way for fans to interact with their favorite sports teams and clubs. 

### Fan tokens

CHZ powers a concept called “Fan Tokens.” These tokens represent ownership in specific sports teams or clubs. When fans purchase Fan Tokens, they can have a voice and influence within the team’s ecosystem.

### Socios.com

CHZ operates Socios.com, a platform where fans can buy, trade, and use Fan Tokens. On Socios.com, fans can participate in various activities related to their favorite teams, such as voting on team decisions, accessing exclusive content, and earning rewards.

### Blockchain voting

Fan Tokens are built on the Chiliz blockchain. Fans can vote on team-related matters using their tokens. For example, they might vote on jersey designs, player signings, or even matchday experiences.

## Why Buy Chiliz (CHZ) tokens?

### Exclusive benefits

Owning Fan Tokens grants fans access to exclusive content, merchandise, and experiences. Whether it’s a virtual meet-and-greet with players or limited-edition collectibles, Fan Tokens offer unique perks.

### Trading and speculation

Some fans buy CHZ tokens as an investment. They believe that the value of Fan Tokens will increase over time, especially as more teams and clubs join the platform. Trading CHZ tokens on exchanges allows fans to speculate on price movements.

## How Chiliz Works

Token creation: CHZ generates Fan Tokens for specific teams and clubs. These tokens are minted on the Ethereum blockchain as ERC-20 tokens.

Team partnerships: CHZ collaborates with sports organisations to create Fan Tokens. Teams sign agreements with CHZ, and their tokens become available on Socios.com.

Fan participation: Fans can buy Fan Tokens using CHZ or other cryptocurrencies. Once they hold these tokens, they can participate in team-related decisions through blockchain-based voting.

Team benefits: Teams receive funding from the sale of Fan Tokens. This revenue can be used for various purposes, such as player acquisitions, stadium upgrades, or community initiatives.

## Conclusion: Why investors buy Chiliz

CHZ bridges the gap between sports fans and their favorite teams, allowing fans to engage, influence, and be part of the action. CHZ offers a new way to connect with sports in the digital age. 

So, if you’re passionate about sports and crypto, Chilliz is an option to enjoy benefits from  both worlds.

## How to Buy Chiliz (CHZ) on CoinJar

CoinJar makes it convenient to purchase CHZ.

Sign Up for CoinJar: Download the CoinJar app. Create an account and verify your ID (a quick process). UK residents are required to do an assessment and wait 24-hours (see below).

Deposit Funds: Transfer funds from your bank account.

Navigate to CHZ: Once your account is funded, open the CoinJar app. Search for CHZ.

Choose Your Transaction Amount: Enter the desired amount of Chiliz you wish to purchase. CoinJar will display the current market price for CHZ.

Confirm Your Purchase: Preview the transaction details. Double-check the amount and confirm your purchase by clicking the “Buy CHZ” button.


Buy Chiliz (CHZ): Empowering sports fans with [crypto](https://www.coinjar.com/au/learn/what-is-crypto). Chiliz is a cryptocurrency token that has become popular among sports enthusiasts and fans worldwide.

## What Is Chiliz?

[Chiliz](https://www.chiliz.com/) is a blockchain-based platform that aims to revolutionise fan engagement in the sports and entertainment industry. It provides a unique way for fans to interact with their favourite sports teams and clubs. 

### Fan tokens

CHZ powers a concept called “Fan Tokens.” These tokens represent ownership in specific sports teams or clubs. When fans purchase Fan Tokens, they gain a voice and influence within the team’s ecosystem.

### Socios.com

CHZ operates on Socios.com, a platform where fans can buy, trade, and use Fan Tokens. On Socios.com, fans can participate in various activities related to their favourite teams, such as voting on team decisions, accessing exclusive content, and earning rewards.

### Blockchain voting

Fan Tokens are built on the Chiliz blockchain. Fans can vote on team-related matters using their tokens. For example, they might vote on jersey designs, player signings, or even matchday experiences.

## Why Buy Chiliz (CHZ) tokens?

### Exclusive benefits

Owning Fan Tokens grants fans access to exclusive content, merchandise, and experiences. Whether it’s a virtual meet-and-greet with players or limited-edition collectibles, Fan Tokens offer unique perks.

### Trading and speculation

Some fans buy CHZ tokens as an investment. They believe that the value of Fan Tokens will increase over time, especially as more teams and clubs join the platform. Trading CHZ tokens on exchanges allows fans to speculate on price movements.

## How Chiliz Works

Token creation: CHZ generates Fan Tokens for specific teams and clubs. These tokens are minted on the Ethereum blockchain as ERC-20 tokens.

Team partnerships: CHZ collaborates with sports organisations to create Fan Tokens. Teams sign agreements with CHZ, and their tokens become available on Socios.com.

Fan participation: Fans can buy Fan Tokens using CHZ or other cryptocurrencies. Once they hold these tokens, they can participate in team-related decisions through blockchain-based voting.

Team benefits: Teams receive funding from the sale of Fan Tokens. This revenue can be used for various purposes, such as player acquisitions, stadium upgrades, or community initiatives.

## Conclusion: Buy Chiliz

CHZ bridges the gap between sports fans and their favourite teams, allowing fans to engage, influence, and be part of the action. CHZ offers a new way to connect with sports in the digital age. So, if you’re passionate about sports and crypto, Chilliz is the best of both worlds.

## How to Buy Chiliz (CHZ) on CoinJar

CoinJar, Australia’s longest-running cryptocurrency exchange, makes it easy to purchase CHZ with Australian dollars (AUD). 

Sign Up for CoinJar: Download the CoinJar app. Create an account and verify your ID (a quick process).

Deposit Funds: Transfer funds from your bank account.

Navigate to CHZ: Once your account is funded, open the CoinJar app. Search for CHZ.

Choose Your Transaction Amount: Enter the desired amount of Chiliz you wish to purchase.

CoinJar will display the current market price for CHZ.

Confirm Your Purchase: Preview the transaction details. Double-check the amount and confirm your purchase by clicking the “Buy CHZ” button.



Buy Graph (GRT): What is Graph and why buy The Graph in Australia? This is a complex one to explain, so stay with us. 

Firstly, The Graph is an indexing protocol. Here’s what that means. Imagine The Graph as a bridge connecting developers to [blockchain data](https://www.coinjar.com/global/learn/what-is-blockchain). 

Instead of developers having to set up their own data servers or sift through a huge pile of data, The Graph does the heavy lifting for them. It’s like having a librarian organise all the books in a library so that anyone can find the right information quickly.

## What are Subgraphs?

Think of subgraphs as specialised search engines for blockchain data. Developers create these subgraphs to focus on specific topics, like smart contracts, tokens, or other entities on a blockchain.

For example, let’s say we have a DeFi (Decentralized Finance) subgraph. It would index data from various lending protocols, token swaps, and liquidity pools. 

[The Graph](https://thegraph.com/) helps developers find the information they need without getting lost in the data jungle. 

Subgraphs are like targeted search engines that organise and serve up relevant data slices. 
The Graph is all about making blockchain data more accessible and user-friendly.

## Where is The Graph used?

The Graph originally focused on the Ethereum blockchain, but it has since expanded to support multiple blockchains, enhancing its interoperability within the blockchain ecosystem. This broadens the use cases for The Graph, allowing a wider range of decentralised applications (dApps) to benefit from its data indexing and querying capabilities.

## How Does The Graph Work?

### Creating subgraphs

Developers create subgraphs using The Graph’s tools. They define which data they want to index (e.g., events emitted by specific smart contracts).

Once a subgraph is created, it starts indexing data from the blockchain.

### Indexing data

Indexers (participants in The Graph Network) process and index blockchain data according to the subgraph’s rules.

Indexers store this indexed data in a decentralized manner, ensuring high availability and resilience.

### Querying data

Developers and applications query subgraphs using GraphQL. GraphQL allows precise and efficient data retrieval.

For example, a DeFi app might ask a subgraph to fetch the latest token prices, liquidity pool details, or historical transaction data.

## Why Would Someone Want to Buy GRT?

### Speculation

Some people buy The Graph for speculative reasons. As of time of writing (May 2024) the [all-time-high price](https://www.coingecko.com/en/coins/the-graph) was US$2.84, in February of 2021. The all-time low price was US$0.05 in November 2022. At the time of writing, the price is US$0.28.

### Data Access:

Developers building decentralized applications (dApps) need reliable and efficient access to blockchain data.

By holding GRT tokens, users can participate in the network and support the indexing of valuable subgraphs.

### Staking and earning rewards

GRT holders can stake their tokens to become Delegators or Curators.

Delegators support Indexers by staking GRT, and in return, they earn a share of the rewards earned by the Indexers.

Curators identify useful subgraphs and signal their importance by staking GRT. Successful subgraphs attract more queries and generate rewards.

### Network growth and governance

The Graph community actively participates in governance decisions. Holding GRT allows users to vote on proposals, shaping the protocol’s future.

## Conclusion: Buy The Graph

In summary, The Graph provides a crucial infrastructure layer for Web3 applications. This makes blockchain data accessible, reliable, and efficient. Whether you’re a developer or simply a crypto enthusiast, The Graph is worth looking into.

## How to Buy The Graph with CoinJar

Sign Up to CoinJar: First, download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes.

Deposit Funds: Transfer funds from your bank account to CoinJar using bank transfer, PayID, or Osko. This step ensures you have money available for purchasing crypto.

Buy The Graph: Once your funds are in CoinJar, you’re ready to buy. Choose The Graph (GRT) from the list of available cryptocurrencies.


Currency=GRT.svg

Buy Graph (GRT): What is Graph and why buy The Graph in Australia? This is a complex one to explain, so stay with us. 

Firstly, The Graph is an indexing protocol. Here’s what that means. Imagine The Graph as a bridge connecting developers to [blockchain data](https://www.coinjar.com/learn/what-is-blockchain). 

Instead of developers having to set up their own data servers or sift through a huge pile of data, The Graph does the heavy lifting for them. It’s like having a librarian organise all the books in a library so that anyone can find the right information quickly.

## What are Subgraphs?

Think of subgraphs as specialised search engines for blockchain data. Developers create these subgraphs to focus on specific topics, like smart contracts, tokens, or other entities on a blockchain.

For example, let’s say we have a DeFi (Decentralized Finance) subgraph. It would index data from various lending protocols, token swaps, and liquidity pools. 

[The Graph](https://thegraph.com/) helps developers find the information they need without getting lost in the data jungle. 

Subgraphs are like targeted search engines that organise and serve up relevant data slices. 
The Graph is all about making blockchain data more accessible and user-friendly.

## Where is The Graph used?

The Graph originally focused on the Ethereum blockchain, but it has since expanded to support multiple blockchains, enhancing its interoperability within the blockchain ecosystem. This broadens the use cases for The Graph, allowing a wider range of decentralised applications (dApps) to benefit from its data indexing and querying capabilities.

## How Does The Graph Work?

### Creating subgraphs

Developers create subgraphs using The Graph’s tools. They define which data they want to index (e.g., events emitted by specific smart contracts).

Once a subgraph is created, it starts indexing data from the blockchain.

### Indexing data

Indexers (participants in The Graph Network) process and index blockchain data according to the subgraph’s rules.

Indexers store this indexed data in a decentralized manner, ensuring high availability and resilience.

### Querying data

Developers and applications query subgraphs using GraphQL. GraphQL allows precise and efficient data retrieval.

For example, a DeFi app might ask a subgraph to fetch the latest token prices, liquidity pool details, or historical transaction data.

## Why Would Someone Want to Buy GRT?

### Speculation

Some people buy The Graph for speculative reasons. As of time of writing (May 2024) the [all-time-high price](https://www.coingecko.com/en/coins/the-graph) was US$2.84, in February of 2021. The all-time low price was US$0.05 in November 2022. At the time of writing, the price is US$0.28.

### Data Access:

Developers building decentralized applications (dApps) need reliable and efficient access to blockchain data.

By holding GRT tokens, users can participate in the network and support the indexing of valuable subgraphs.

### Staking and earning rewards

GRT holders can stake their tokens to become Delegators or Curators.

Delegators support Indexers by staking GRT, and in return, they earn a share of the rewards earned by the Indexers.

Curators identify useful subgraphs and signal their importance by staking GRT. Successful subgraphs attract more queries and generate rewards.

### Network growth and governance

The Graph community actively participates in governance decisions. Holding GRT allows users to vote on proposals, shaping the protocol’s future.

## Conclusion: Buy The Graph

In summary, The Graph provides a crucial infrastructure layer for Web3 applications. This makes blockchain data accessible, reliable, and efficient. Whether you’re a developer or simply a crypto enthusiast, The Graph is worth looking into.

## How to Buy The Graph with CoinJar

Sign Up to CoinJar: First, download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes.

Deposit Funds: Transfer funds from your bank account to CoinJar using bank transfer, PayID, or Osko. This step ensures you have money available for purchasing crypto.

Buy The Graph: Once your funds are in CoinJar, you’re ready to buy. Choose The Graph (GRT) from the list of available cryptocurrencies.


The Graph

Buy Graph (GRT): What is Graph and why buy The Graph in Australia? This is a complex one to explain, so stay with us. 

Firstly, The Graph is an indexing protocol. Here’s what that means. Imagine The Graph as a bridge connecting developers to [blockchain data](https://www.coinjar.com/au/learn/what-is-blockchain). 

Instead of developers having to set up their own data servers or sift through a huge pile of data, The Graph does the heavy lifting for them. It’s like having a librarian organise all the books in a library so that anyone can find the right information quickly.

## What are Subgraphs?

Think of subgraphs as specialised search engines for blockchain data. Developers create these subgraphs to focus on specific topics, like smart contracts, tokens, or other entities on a blockchain.

For example, let’s say we have a DeFi (Decentralised Finance) subgraph. It would index data from various lending protocols, token swaps, and liquidity pools. 

[The Graph](https://thegraph.com/) helps developers find the information they need without getting lost in the data jungle. 

Subgraphs are like targeted search engines that organise and serve up relevant data slices. 
The Graph is all about making blockchain data more accessible and user-friendly.

## Where is The Graph used?

The Graph originally focused on the Ethereum blockchain, but it has since expanded to support multiple blockchains, enhancing its interoperability within the blockchain ecosystem. This broadens the use cases for The Graph, allowing a wider range of decentralised applications (dApps) to benefit from its data indexing and querying capabilities.

## How Does The Graph Work?

### Creating subgraphs

Developers create subgraphs using The Graph’s tools. They define which data they want to index (e.g., events emitted by specific smart contracts).

Once a subgraph is created, it starts indexing data from the blockchain.

### Indexing data

Indexers (participants in The Graph Network) process and index blockchain data according to the subgraph’s rules.

Indexers store this indexed data in a decentralised manner, ensuring high availability and resilience.

### Querying data

Developers and applications query subgraphs using GraphQL. GraphQL allows precise and efficient data retrieval.

For example, a DeFi app might ask a subgraph to fetch the latest token prices, liquidity pool details, or historical transaction data.

## Why Would Someone Want to Buy GRT?

### Speculation

Some people buy The Graph for speculative reasons. As of time of writing (May 2024) the [all-time-high price](https://www.coingecko.com/en/coins/the-graph) was US$2.84, in February of 2021. The all-time low price was US$0.05 in November 2022. At the time of writing, the price is US$0.28.

### Data Access:

Developers building decentralised applications (dApps) need reliable and efficient access to blockchain data.

By holding GRT tokens, users can participate in the network and support the indexing of valuable subgraphs.

### Staking and earning rewards

GRT holders can stake their tokens to become Delegators or Curators.

Delegators support Indexers by staking GRT, and in return, they earn a share of the rewards earned by the Indexers.

Curators identify useful subgraphs and signal their importance by staking GRT. Successful subgraphs attract more queries and generate rewards.

### Network growth and governance

The Graph community actively participates in governance decisions. Holding GRT allows users to vote on proposals, shaping the protocol’s future.

## Conclusion: Buy The Graph

In summary, The Graph provides a crucial infrastructure layer for Web3 applications. This makes blockchain data accessible, reliable, and efficient. Whether you’re a developer or simply a crypto enthusiast, The Graph is worth looking into.

## How to Buy The Graph with CoinJar

Sign Up to CoinJar: First, download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes.

Deposit Funds: Transfer funds from your bank account to CoinJar using bank transfer, PayID, or Osko. This step ensures you have AUD (Australian Dollars) available for purchasing crypto.

Buy The Graph: Once your funds are in CoinJar, you’re ready to buy. Choose The Graph (GRT) from the list of available cryptocurrencies.


How to Buy Graph (GRT): Why do investors buy Graph? This is a complex one to explain, so stay with us. 

Firstly, The Graph is an indexing protocol. Here’s what that means. Imagine The Graph as a bridge connecting developers to [blockchain](https://www.coinjar.com/uk/learn/what-is-blockchain) data.

Instead of developers having to set up their own data servers or sift through a huge pile of data, [The Graph](https://thegraph.com/) does the heavy lifting for them. It’s like having a librarian organise all the books in a library so that anyone can find the right information quickly.

## What are Subgraphs?

Think of subgraphs as specialised search engines for blockchain data. Developers create these subgraphs to focus on specific topics, like smart contracts, tokens, or other entities on a blockchain.

For example, let’s say we have a DeFi (Decentralised Finance) subgraph. It would index data from various lending protocols, token swaps, and liquidity pools. 

The Graph helps developers find the information they need without getting lost in the data jungle. 

Subgraphs are like targeted search engines that organise and serve up relevant data slices. 
The Graph is all about making blockchain data more accessible and user-friendly.

## Where is The Graph used?

The Graph originally focused on the Ethereum blockchain, but it has since expanded to support multiple blockchains, enhancing its interoperability within the blockchain ecosystem. This broadens the use cases for The Graph, allowing a wider range of decentralised applications (dApps) to benefit from its data indexing and querying capabilities.

## How Does The Graph Work?

### Creating subgraphs

Developers create subgraphs using The Graph’s tools. They define which data they want to index (e.g., events emitted by specific smart contracts).

Once a subgraph is created, it starts indexing data from the blockchain.

### Indexing data

Indexers (participants in The Graph Network) process and index blockchain data according to the subgraph’s rules.

Indexers store this indexed data in a decentralised manner, ensuring availability and resilience.

### Querying data

Developers and applications query subgraphs using GraphQL. GraphQL allows precise and efficient data retrieval.

For example, a DeFi app might ask a subgraph to fetch the latest token prices, liquidity pool details, or historical transaction data.

## Why Would Someone Want to Buy GRT?

### Speculation

Some people buy The Graph for speculative reasons. As of time of writing (30 May 2024) the [all-time-high](https://www.coingecko.com/en/coins/the-graph) price was US$2.84, in February of 2021. The all-time low price was US$0.05 in November 2022. At the time of writing (30 May), the price was US$0.28.

### Data Access:

Developers building decentralised applications (dApps) need reliable and efficient access to blockchain data.

By holding GRT tokens, users can participate in the network and support the indexing of valuable subgraphs.

### Staking and earning rewards

GRT holders can stake their tokens to become Delegators or Curators.

Delegators support Indexers by staking GRT, and in return, they earn a share of the rewards earned by the Indexers.

Curators identify useful subgraphs and signal their importance by staking GRT. Successful subgraphs attract more queries and generate rewards.

### Network growth and governance

The Graph community actively participates in governance decisions. Holding GRT allows users to vote on proposals, shaping the protocol’s future.

## Conclusion: Why investors buy The Graph

In summary, The Graph provides a crucial infrastructure layer for Web3 applications. This makes blockchain data accessible. Whether you’re a developer or simply a crypto enthusiast, The Graph could help in connecting to blockchain data.

## How to Buy The Graph with CoinJar

Sign Up to CoinJar: First, download the CoinJar app on your iOS or Android device. Create an account and verify your ID. This process usually takes just a few minutes.

UK residents must complete an assessment and wait for 24 hours (see more details below).

Deposit Funds: Transfer funds from your bank account to CoinJar using bank transfer, PayID, or Osko. This step ensures you have GBP (Pounds Sterling) available for purchasing crypto.

How to buy The Graph: Once your funds are in CoinJar, you’re ready to buy. Choose The Graph (GRT) from the list of available cryptocurrencies.


Welcome to CoinJar for non-UK residents