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!

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!


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

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.

Looking to buy Solana (SOL)? Solana is a fast and [efficient](https://www.coinjar.com/global/learn/what-is-crypto) blockchain platform that is one of the fastest in the world. It is a competitor to Ethereum, Polkadot, and Cardano.

## Why buy SOL?

Solana is mainly known for its fast and efficient transactions and low fees. It also has cross-chain compatibility. This means that Solana seamlessly integrates with other blockchain networks, making it easier to build and use dApps (apps built on blockchains) that work across multiple platforms. 

Solana is also energy-efficient, which makes it more sustainable and eco-friendlier than proof-of-work (PoW) blockchains, like Bitcoin.

It uses a unique consensus mechanism called proof-of-history (PoH), which records the passage of time between events on the blockchain using hashed timestamps. 

## Solana and culture

Solana is useful because it offers a high-performance and low-cost solution for dApps and digital currencies. It supports a wide range of dApps and projects, such as [Serum](https://docs.projectserum.com/introduction/overview), a decentralised exchange; [Audius](https://audius.co/), a music streaming platform; and [Star Atlas](https://staratlas.com/), a metaverse game. 

Solana launched [Degenerate Ape Academy](https://solana.com/ecosystem/degenerateapeacademy), which sold a collection of pictures of cartoon apes. 

10,000 of them [sold](https://www.coindesk.com/business/2021/09/11/degenerate-ape-nft-sells-for-more-than-1m-on-solana/) in the first 10 minutes, which then drove the SOL token higher as people needed the cryptocurrency to buy the cartoon apes.

There is also a community of digital artists and collectors who create and trade NFTs on various marketplaces on Solana. For example, [SolSea](https://solsea.io/) is a curated [NFT](https://www.coinjar.com/global/learn/what-are-nfts) marketplace that features exclusive drops from known artists.

By the way, Solana is the name of a small Southern Californian coastal city, which the founder of the blockchain platform, Anatoly Yakovenko [took a shine to](https://www.investopedia.com/solana-5210472).

## SOL the cryptocurrency of Solana

SOL is the native cryptocurrency of the Solana network. It is used to pay for things on the Solana network, and it can be staked (which means that people can lock it up for a period of time on the network and earn more SOL as a return. (There are risks with staking, however, so do your research.)

SOL launched with a price of $0.95. It reached an all-time high (ATH) in November of 2021, with a price of $260. But at the time of writing, SOL is worth $99.40. However if you bought SOL in the early days, and HODLed (Held On for Dear Life) and kept it, then you’d still be [sitting pretty](https://www.techopedia.com/cryptocurrency/solana-price-prediction#) today. 

## How to Buy Solana

First, you'll want to find a reliable exchange. That’s where CoinJar comes in, offering an easy-to-navigate platform. 

It's essential to ensure the platform you choose is secure and user-friendly, so you can buy and sell Solana with confidence. Whether you’re a crypto newcomer or a savvy investor, CoinJar provides the tools you need. 

## How to buy Solana (SOL)?

Want to buy SOL? To buy Solana (SOL) 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 and card, among other methods.

-Buy Solana (SOL) at the market price or place a custom order.

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

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

-Welcome to the Solana club!

## Buy SOL: Conclusion

Want to buy Solana? It is a straightforward process when you choose a secure and user-friendly platform like a trusted cryptocurrency exchange. With various deposit methods including bank transfers, you can easily fund your account and start trading. 

Remember to compare trading fees and look for platforms with excellent customer support to ensure a smooth experience. With the right approach, you'll be well on your way to adding Solana (SOL) to your investment portfolio.


Currency=SOL.svg

## TLDR:

- Investors are looking to buy Solana due to the network’s impressive growth in the NFT space, expanding ecosystem, and technological innovation.
- Solana’s high throughput and low fees make it ideal for diverse projects. Its native token SOL is used on the network.
- Here's how to buy Solana easily with CoinJar.

## Buy Solana

Looking to buy Solana (SOL)? Solana is a fast and [efficient](https://www.coinjar.com/learn/what-is-crypto) blockchain platform that is one of the fastest in the world. It is a competitor to Ethereum, Polkadot, and Cardano.

## Why buy SOL?

Solana is mainly known for its fast and efficient transactions and low fees. It also has cross-chain compatibility. This means that Solana seamlessly integrates with other blockchain networks, making it easier to build and use dApps (apps built on blockchains) that work across multiple platforms. 

Solana is also energy-efficient, which makes it more sustainable and eco-friendlier than proof-of-work (PoW) blockchains, like Bitcoin.

It uses a unique consensus mechanism called proof-of-history (PoH), which records the passage of time between events on the blockchain using hashed timestamps. 

## Solana and culture

Solana is useful because it offers a high-performance and low-cost solution for dApps and digital currencies. It supports a wide range of dApps and projects, such as [Serum](https://docs.projectserum.com/introduction/overview), a decentralized exchange; [Audius](https://audius.co/), a music streaming platform; and [Star Atlas](https://staratlas.com/), a metaverse game. 

Solana launched [Degenerate Ape Academy](https://solana.com/ecosystem/degenerateapeacademy), which sold a collection of pictures of cartoon apes. 

10,000 of them [sold](https://www.coindesk.com/business/2021/09/11/degenerate-ape-nft-sells-for-more-than-1m-on-solana/) in the first 10 minutes, which then drove the SOL token higher as people needed the cryptocurrency to buy the cartoon apes.

There is also a community of digital artists and collectors who create and trade NFTs on various marketplaces on Solana. For example, [SolSea](https://solsea.io/) is a curated [NFT](https://www.coinjar.com/learn/what-are-nfts) marketplace that features exclusive drops from known artists.

By the way, Solana is the name of a small Southern Californian coastal city, which the founder of the blockchain platform, Anatoly Yakovenko [took a shine to](https://www.investopedia.com/solana-5210472).

## SOL the cryptocurrency of Solana

SOL is the native cryptocurrency of the Solana network. It is used to pay for things on the Solana network, and it can be staked (which means that people can lock it up for a period of time on the network and earn more SOL as a return. (There are risks with staking, however, so do your research.)

SOL launched with a price of $0.95. It reached an all-time high (ATH) in November of 2021, with a price of $260. 

But at the time of writing, SOL is worth $99.40 (April 2024). However if you bought SOL in the early days, and HODLed (Held On for Dear Life) and kept it, then you’d still be [sitting pretty](https://www.techopedia.com/cryptocurrency/solana-price-prediction#) today. 

## How to Buy Solana

First, you'll want to find a reliable exchange. That’s where CoinJar comes in, offering an easy-to-navigate platform. 

It's essential to ensure the platform you choose is secure and user-friendly, so you can buy and sell Solana with confidence. Whether you’re a crypto newcomer or a savvy investor, CoinJar provides the tools you need. 

## How to buy Solana (SOL)?

Want to buy SOL? To buy Solana (SOL) 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.

-Transfer money into your CoinJar account.

-Buy Solana (SOL).

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

-Welcome to the Solana club!

## Buy SOL: Conclusion

Want to buy Solana? It is a straightforward process when you choose a secure and user-friendly platform like a trusted cryptocurrency exchange. With various deposit methods including bank transfers, you can easily fund your account and start trading. 

Remember to compare trading fees and look for platforms with excellent customer support to ensure a smooth experience. With the right approach, you'll be well on your way to adding Solana (SOL) to your investment portfolio.


Solana

Looking to buy Solana (SOL)? Solana is a fast and efficient blockchain platform that is one of the fastest in the world. It is a competitor to [Ethereum](https://www.coinjar.com/uk/learn/what-is-ethereum), Polkadot, and Cardano.

## Why buy SOL?

Solana is mainly known as being a highly scalable blockchain protocol. It also has cross-chain compatibility. This means that Solana seamlessly integrates with other blockchain networks, making it convenient  to build and use dApps (apps built on blockchains) that work across multiple platforms. 

Solana is also energy-efficient, which makes it more sustainable and eco-friendlier than proof-of-work (PoW) blockchains, like Bitcoin.

It uses a unique consensus mechanism called proof-of-history (PoH), which records the passage of time between events on the blockchain using hashed timestamps. 

## Solana and culture

Solana is useful because it offers a high-performance for dApps and digital currencies. It supports a wide range of dApps and projects, such as [Serum](https://docs.projectserum.com/introduction/overview), a decentralised exchange; [Audius](https://audius.co/), a music streaming platform; and [Star Atlas](https://staratlas.com/), a metaverse game. 

Solana launched [Degenerate Ape Academy](https://solana.com/ecosystem/degenerateapeacademy), which sold a collection of pictures of cartoon apes. 

10,000 of them [sold](https://www.coindesk.com/business/2021/09/11/degenerate-ape-nft-sells-for-more-than-1m-on-solana/) in the first 10 minutes, which then drove the SOL token higher as people needed the cryptocurrency to buy the cartoon apes.

There is also a community of digital artists and collectors who create and trade [NFTs](https://www.coinjar.com/uk/learn/what-are-nfts) on various marketplaces on Solana. For example, [SolSea](https://solsea.io/) is a curated NFT marketplace that features exclusive drops from known artists.

By the way, Solana is the name of a small Southern Californian coastal city, which the founder of the blockchain platform, Anatoly Yakovenko [took a shine to](https://www.investopedia.com/solana-5210472).

## SOL the cryptocurrency of Solana

SOL is the native cryptocurrency of the Solana network. It is used to pay for things on the Solana network, and it can be staked (which means that people can lock it up for a period of time on the network and earn more SOL as a return. (There are risks with staking, however, so do your research.)

SOL launched with a price of US$0.95. It reached an all-time high (ATH) in November of 2021, with a price of US$260. But at the time of writing, SOL is worth US$99.40. 

However if you bought SOL in the early days, and HODLed (Held On for Dear Life) and kept it, then you’d still be sitting pretty today. 

Please note that past performance is not a guarantee of [future results](https://www.techopedia.com/cryptocurrency/solana-price-prediction#). The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise.

## How to Buy Solana

First, you'll want to find a reliable exchange. That’s where CoinJar comes in, offering an convenient-to-navigate platform that investors trust. 

It's essential to ensure the platform you choose is secure and user-friendly, so you can buy and sell Solana with confidence. Whether you’re a crypto newcomer or a savvy investor, CoinJar provides the tools you need. 

Please note that in the event that a U.S. court determines that SOL is a security or there are other material developments affecting the treatment of SOL under securities laws, we may cease to support SOL and/or the market for SOL may be adversely affected.

## How to buy Solana (SOL)?

Want to buy SOL? To buy Solana (SOL) 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 are required to do 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 payment method that suits you best. You can use bank transfers or a card, among other methods.

-Buy Solana (SOL) at the market price or place a custom order.

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

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

-Welcome to the Solana club!




Looking to buy Solana (SOL)? Solana is a fast and efficient [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain) platform that is one of the fastest in the world. It is a competitor to Ethereum, Polkadot, and Cardano.

## Why buy SOL?

Solana is mainly known for its fast and efficient transactions and low fees. It also has cross-chain compatibility. This means that Solana seamlessly integrates with other blockchain networks, making it easier to build and use dApps (apps built on blockchains) that work across multiple platforms. 

Solana is also energy-efficient, which makes it more sustainable and eco-friendlier than proof-of-work (PoW) blockchains, like Bitcoin.

It uses a unique consensus mechanism called proof-of-history (PoH), which records the passage of time between events on the blockchain using hashed timestamps. 

## Solana and culture

Solana is useful because it offers a high-performance and low-cost solution for dApps and digital currencies. It supports a wide range of dApps and projects, such as [Serum](https://docs.projectserum.com/introduction/overview), a decentralised exchange; [Audius](https://audius.co/), a music streaming platform; and [Star Atlas](https://staratlas.com/), a metaverse game. 

Solana launched [Degenerate Ape Academy](https://solana.com/ecosystem/degenerateapeacademy), which sold a collection of pictures of cartoon apes. 

10,000 of them [sold](https://www.coindesk.com/business/2021/09/11/degenerate-ape-nft-sells-for-more-than-1m-on-solana/) in the first 10 minutes, which then drove the SOL token higher as people needed the cryptocurrency to buy the cartoon apes.

There is also a community of digital artists and collectors who create and trade NFTs on various marketplaces on Solana. For example, [SolSea](https://solsea.io/) is a curated [NFT](https://www.coinjar.com/au/learn/what-are-nfts) marketplace that features exclusive drops from known artists.

By the way, Solana is the name of a small Southern Californian coastal city, which the founder of the blockchain platform, Anatoly Yakovenko [took a shine to](https://www.investopedia.com/solana-5210472).

## SOL the cryptocurrency of Solana

SOL is the native cryptocurrency of the Solana network. It is used to pay for things on the Solana network, and it can be staked (which means that people can lock it up for a period of time on the network and earn more SOL as a return. (There are risks with staking, however, so do your research.)

SOL launched with a price of US$0.95. It reached an all-time high (ATH) in November of 2021, with a price of US$260. But at the time of writing, SOL is worth US$99.40. However if you bought SOL in the early days, and HODLed (Held On for Dear Life) and kept it, then you’d still be [sitting pretty](https://www.techopedia.com/cryptocurrency/solana-price-prediction#) today. 

## How to Buy Solana

First, you'll want to find a reliable exchange. That’s where CoinJar comes in, offering an easy-to-navigate platform. 

It's essential to ensure the platform you choose is secure and user-friendly, so you can buy and sell Solana with confidence. Whether you’re a crypto newcomer or a savvy investor, CoinJar provides the tools you need. 

## How to buy Solana (SOL)?

Want to buy SOL? To buy Solana (SOL) 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 and card, among other methods.

-Buy Solana (SOL) at the market price or place a custom order.

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

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

-Welcome to the Solana club!

## Buy SOL: Conclusion

Want to buy Solana in Australia? It is a straightforward process when you choose a secure and user-friendly platform like a trusted cryptocurrency exchange. With various deposit methods including bank transfers, you can easily fund your account and start trading. 

Remember to compare trading fees and look for platforms with excellent customer support to ensure a smooth experience. With the right approach, you'll be well on your way to adding Solana (SOL) to your investment portfolio.


USD Coin, now rebranded to USDC (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 USDC 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 USDC?

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 USDC?

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 USDC 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?

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

## Uses of USDC

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

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

-USDC 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.

-USDC 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. USDC can be faster, cheaper, and more convenient than traditional methods, such as wire transfers, or using banks.

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

## USDC in popular culture

In September 2021, Twitter announced that it would enable users to tip each other with cryptocurrencies, including USDC, 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 USDC: Conclusion

USDC 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.

Whether you're looking to buy crypto with Apple Pay or Google Pay, trade USDC, or withdraw AUD, the solid market cap makes USDC a sturdy choice.

## How to buy USDC on CoinJar?

Want to buy USDC?

-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. 

-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 USDC.

-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.



Currency_USDC_7453263fb4.svg

USD Coin, now rebranded to USDC (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 USDC 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 USDC?

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 USDC?

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 USDC 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?

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

## Uses of USDC

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

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

-USDC 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.

-USDC 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. USDC can be faster, cheaper, and more convenient than traditional methods, such as wire transfers, or using banks.

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

## USDC in popular culture

In September 2021, Twitter announced that it would enable users to tip each other with cryptocurrencies, including USDC, 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 USDC: Conclusion

USDC 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.

Whether you're looking to buy crypto with Apple Pay or Google Pay, trade USDC, or withdraw AUD, the solid market cap makes USDC a sturdy choice.

## How to buy USDC on CoinJar?

Want to buy USDC?

-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. 

-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 USDC.

-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.



USDC

USD Coin, now rebranded to USDC (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, 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 USDC 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 USDC?

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 USDC?

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 USDC 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?

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

## Uses of USDC

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

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

-USDC 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.

-USDC 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. USDC can be faster, cheaper, and more convenient than traditional methods, such as wire transfers, or using banks.

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

## USDC in popular culture

In September 2021, Twitter announced that it would enable users to tip each other with cryptocurrencies, including USDC, 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 USDC: Conclusion

USDC 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.

Whether you're looking to buy crypto with Apple Pay or Google Pay, trade USDC, or withdraw AUD, the solid market cap makes USDC a sturdy choice.

## How to buy USDC on CoinJar?

Want to buy USDC?

-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. 

-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 USDC.

-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.



USDC (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 USDC 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 USDC?

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 USDC?

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 USDC 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 USDC popular and what is it used for?

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

## Uses

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

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

-It 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.

-It 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. It can be faster, cheaper, and more convenient than traditional methods, such as wire transfers, or using banks.

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

## USDC in popular culture

In September 2021, Twitter announced that it would enable users to tip each other with cryptocurrencies, including USDC, 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.

## Conclusion

USDC 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. 

USDC 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 USDC on CoinJar?

Want to buy USDC?

-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 USDC 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 USDC 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.




Want to buy Ripple (XRP)? But what is XRP? And how is it connected to Ripple? How do I buy it? 

XRP (Ripple) 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 capitalisation. 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. While Bitcoin is also handy for international payments with low 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.  The XRP Ledger is an open-source, decentralised blockchain technology.

Many people invest in XRP because they believe in its potential to change the future of finance. 

## Risks: 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.

## 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.

## 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.

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. 

On the 8th August 2024, a federal judge ordered Ripple Labs to pay a $125 million civil penalty in the long-running case brought by the Securities and Exchange Commission (SEC). The judge denied the SEC's request for a penalty of $2 billion.

Following the ruling, the value of the XRP token rose significantly.

## 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 from your bank account and you can buy it with a credit or debit card.

## Ripple XRP: Conclusion

In summary, Ripple XRP has the potential to revolutionise the way we think about money and payments. 

Created by Ripple, XRP is a native token of the XRP Ledger that you can purchase using Australian Dollars. After you purchase XRP or buy crypto, be sure to store your XRP and other crypto securely.

Currency_XRP_7877ac94de.svg

Want to buy Ripple (XRP)? But what is XRP? And how is it connected to Ripple? How do I buy it? 

XRP (Ripple) 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 capitalisation. 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. While Bitcoin is also handy for international payments with low 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.  The XRP Ledger is an open-source, decentralised blockchain technology.

Many people invest in XRP because they believe in its potential to change the future of finance. 

## Risks: 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.

## 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.

## 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.

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. 

On the 8th August 2024, a federal judge ordered Ripple Labs to pay a $125 million civil penalty in the long-running case brought by the Securities and Exchange Commission (SEC). The judge denied the SEC's request for a penalty of $2 billion.

Following the ruling, the value of the XRP token rose significantly.

## 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 from your bank account and you can buy it with a credit or debit card.

## Ripple XRP: Conclusion

In summary, Ripple XRP has the potential to revolutionise the way we think about money and payments. 

Created by Ripple, XRP is a native token of the XRP Ledger that you can purchase using Australian Dollars. After you purchase XRP or buy crypto, be sure to store your XRP and other crypto securely.

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? 

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. 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. While Bitcoin is also handy for international payments with low 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.  The XRP Ledger is an open-source, decentralised blockchain technology.

Many people invest in XRP because they believe in its potential to change the future of finance. 

## Risks: 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.

## 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.

## 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.

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. 

On the 8th August 2024, a federal judge ordered Ripple Labs to pay a $125 million civil penalty in the long-running case brought by the Securities and Exchange Commission (SEC). The judge denied the SEC's request for a penalty of $2 billion.

Following the ruling, the value of the XRP token rose significantly.

## 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 from your bank account and you can buy it with a credit or debit card.

## Ripple XRP: Conclusion

In summary, Ripple XRP has the potential to revolutionise the way we think about money and payments. 

Created by Ripple, XRP is a native token of the XRP Ledger that you can purchase using Australian Dollars. After you purchase XRP or buy crypto, be sure to store your XRP and other crypto securely.

Buy Dogecoin: Dogecoin is a [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) (or digital currency) that was created in 2013 as a joke, and it was based on a dog meme that was famous at time. However, strangely, it now is the cryptocurrency with the 8th-highest [market capitalisation](https://coinmarketcap.com/) (at the time of writing, August 2024).

## What is DOGE? What is Dogecoin? 

DOGE is a [memecoin](https://www.coinjar.com/global/learn/memecoin-pepe-dogwifhat-shib-bonk-doge). The branding of the cryptocurrency is based around a viral internet meme of a Shiba Inu dog, nicknamed “Doge”, who speaks in broken English and expresses various emotions. DOGE runs on the Ethereum blockchain.

## The History of Dogecoin

Dogecoin was launched on December 6, 2013, by two software engineers, Billy Markus and Jackson Palmer. They wanted to create a parody of Bitcoin and other cryptocurrencies, that would appeal to a wider audience and make fun of the hype and speculation in the crypto space. 

Markus and Palmer chose the DOGE meme as the inspiration for their coin. Dogecoin quickly gained popularity and attention, thanks to its funny and friendly nature, and its active and supportive community. 

Dogecoin also became a popular way of tipping and rewarding content creators and users on social media platforms, such as Reddit, Twitter, and Twitch.

## Where Did the DOGE Come From?

The doge meme originated from a 2010 photo of a Shiba Inu dog named Kabosu, who was adopted by a Japanese kindergarten teacher named Atsuko Sato. Sato posted several photos of Kabosu on her blog, and one of them showed the dog looking sideways at the camera with a curious expression. 

This photo became viral on the internet, and people started adding captions to it in Comic Sans font, using broken English and modifiers like “so”, “such”, “many”, “much”, and “very”. 

## Why is Dogecoin Popular?

-It has a loyal and enthusiastic community, which is active and supportive on various online platforms.

-It has a low price and high supply, which make it accessible and affordable.

-It is high speed and has low fees.

But: 

-Dogecoin was originally created as a joke and has no use case or innovation that can't be met by other existing coins. 

## What are the Uses of Dogecoin?

-Tipping and r[ewarding](https://bitpay.com/blog/where-can-i-spend-dogecoin/) content creators and users on social media platforms, such as Reddit, Twitter, and Twitch, for providing interesting or valuable content.

-Donating and fundraising for various causes and projects, such as supporting athletes, artists, charities, and communities around the world.

-Buying and selling goods and services [online](https://www.techopedia.com/cryptocurrency/who-accepts-dogecoin), including real estate.

-Trading and investing in the cryptocurrency market, as Dogecoin is widely available and accepted on many exchanges and platforms. It has shown high volatility however.	

## Dogecoin and Popular Culture

Dogecoin has over [3.9 million followers](https://twitter.com/dogecoin) on X, at the time of writing. Dogecoin is often referenced in various media outlets, platforms, and events.

-Saturday Night Live: Dogecoin was the [subject of a skit](https://www.youtube.com/watch?v=Lk_epB7s-w0&ab_channel=BloombergQuicktake) on the popular comedy show, where Elon Musk played a character called “The Dogefather”, who tried to explain what Dogecoin is, and ended up saying that it is “a hustle”.  This actually caused the price of DOGE to go down afterwards. 

-Time Magazine: Dogecoin was mentioned and praised by Elon Musk in his [interview](https://www.cnbc.com/2021/12/13/elon-musk-says-dogecoin-is-better-to-buy-things-with-than-bitcoin.html) with Time Magazine, where he was named the Person of the Year for 2023.

-TikTok: Dogecoin was the subject of a [viral challenge](https://cointelegraph.com/news/dogecoin-gains-20-amidst-tiktok-pumping-challenge) on the popular video-sharing app, where users encouraged each other to buy Dogecoin and push its price to $1. 

## How to buy Dogecoin? How to buy DOGE?

-Download the CoinJar app on iOS or Android. Create an account and verify your ID. 

-Upload funds into your CoinJar account. This can be done using a bank transfer, debit card or a credit card, among other methods. Then purchase Dogecoin. You can keep your Dogecoin in your CoinJar wallet or move it to another wallet. 

## Ready to start buying Dogecoin (DOGE)? 

Many cryptocurrency exchanges allow you to trade Dogecoin, using methods including linking your Australian bank account as a payment method. You could be buying Dogecoin (DOGE) in minutes. 

Most crypto exchanges will list Dogecoin. If you encounter any issues along the way, remember that most platforms offer customer support to assist you.





Currency=DOGE.svg

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## What is DOGE? What is Dogecoin? 

DOGE is a [memecoin](https://www.coinjar.com/learn/memecoin-pepe-dogwifhat-shib-bonk-doge). The branding of the cryptocurrency is based around a viral internet meme of a Shiba Inu dog, nicknamed “Doge”, who speaks in broken English and expresses various emotions. DOGE runs on the Ethereum blockchain.

## The History of Dogecoin

Dogecoin was launched on December 6, 2013, by two software engineers, Billy Markus and Jackson Palmer. They wanted to create a parody of Bitcoin and other cryptocurrencies, that would appeal to a wider audience and make fun of the hype and speculation in the crypto space. 

Markus and Palmer chose the DOGE meme as the inspiration for their coin. Dogecoin quickly gained popularity and attention, thanks to its funny and friendly nature, and its active and supportive community. 

Dogecoin also became a popular way of tipping and rewarding content creators and users on social media platforms, such as Reddit, Twitter, and Twitch.

## Where Did the DOGE Come From?

The doge meme originated from a 2010 photo of a Shiba Inu dog named Kabosu, who was adopted by a Japanese kindergarten teacher named Atsuko Sato. Sato posted several photos of Kabosu on her blog, and one of them showed the dog looking sideways at the camera with a curious expression. 

This photo became viral on the internet, and people started adding captions to it in Comic Sans font, using broken English and modifiers like “so”, “such”, “many”, “much”, and “very”. 

## Why is Dogecoin Popular?

-It has a loyal and enthusiastic community, which is active and supportive on various online platforms.

-It has a low price and high supply, which make it accessible and affordable.

-It is high speed and has low fees.

But: 

-Dogecoin was originally created as a joke and has no use case or innovation that can't be met by other existing coins. 

## What are the Uses of Dogecoin?

-Tipping and r[ewarding](https://bitpay.com/blog/where-can-i-spend-dogecoin/) content creators and users on social media platforms, such as Reddit, Twitter, and Twitch, for providing interesting or valuable content.

-Donating and fundraising for various causes and projects, such as supporting athletes, artists, charities, and communities around the world.

-Buying and selling goods and services [online](https://www.techopedia.com/cryptocurrency/who-accepts-dogecoin), including real estate.

-Trading and investing in the cryptocurrency market, as Dogecoin is widely available and accepted on many exchanges and platforms. It has shown high volatility however.	

## Dogecoin and Popular Culture

Dogecoin has over [3.9 million followers](https://twitter.com/dogecoin) on X, at the time of writing. Dogecoin is often referenced in various media outlets, platforms, and events.

-Saturday Night Live: Dogecoin was the [subject of a skit](https://www.youtube.com/watch?v=Lk_epB7s-w0&ab_channel=BloombergQuicktake) on the popular comedy show, where Elon Musk played a character called “The Dogefather”, who tried to explain what Dogecoin is, and ended up saying that it is “a hustle”.  This actually caused the price of DOGE to go down afterwards. 

-Time Magazine: Dogecoin was mentioned and praised by Elon Musk in his [interview](https://www.cnbc.com/2021/12/13/elon-musk-says-dogecoin-is-better-to-buy-things-with-than-bitcoin.html) with Time Magazine, where he was named the Person of the Year for 2023.

-TikTok: Dogecoin was the subject of a [viral challenge](https://cointelegraph.com/news/dogecoin-gains-20-amidst-tiktok-pumping-challenge) on the popular video-sharing app, where users encouraged each other to buy Dogecoin and push its price to $1. 

## How to buy Dogecoin? How to buy DOGE?

-Download the CoinJar app on iOS or Android. Create an account and verify your ID. 

-Upload funds into your CoinJar account. This can be done using a bank transfer, debit card or a credit card, among other methods. Then purchase Dogecoin. You can keep your Dogecoin in your CoinJar wallet or move it to another wallet. 

## Ready to start buying Dogecoin (DOGE)? 

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Dogecoin

What is Dogecoin? How to buy Doge? These are the "much wow" questions we are here to answer! Dogecoin is a [cryptocurrency](https://www.coinjar.com/uk/learn/what-is-crypto) (or digital currency) that was [created in 2013](https://dogecoin.com/dogepedia/articles/history-of-dogecoin/) as a joke, and it was based on a [dog meme](https://edition.cnn.com/2021/04/17/investing/what-is-dogecoin/index.html) that was famous at the time. However, strangely, it now is the cryptocurrency with the [11th-highest market capitalisation](https://coinmarketcap.com/) (at the time of writing, April of 2024).

## What is Doge?

Doge is a memecoin. The branding of the cryptocurrency is based around a viral internet meme of a Shiba Inu dog, nicknamed “Doge”, who speaks in broken English and expresses various emotions. Doge runs on the Ethereum blockchain.

Dogecoin has a loyal and enthusiastic [community](https://dogecoin.com/#community) of fans, who use it for tipping, donating, and trading online. 

## What is a memecoin?

Dogecoin is known as a memecoin. A memecoin is a term used to describe a cryptocurrency that is based on or inspired by an internet meme, a humorous or catchy image, video, or phrase that spreads online.

Memecoins are usually created as jokes or parodies, but some of them have gained serious value and recognition over time. 

Memecoins are often supported by passionate and loyal communities, who use them for fun, entertainment, and social interaction. Some examples of memecoins are Dogecoin, [Shiba Inu](https://www.coinjar.com/uk/buy/shiba-inu), and [Pepe Coin](https://www.coinjar.com/uk/buy/pepe).

It could also be considered an altcoin, which is any coin other than Bitcoin.

## The history of Dogecoin

Dogecoin was [launched](https://dogecoin.com/dogepedia/articles/history-of-dogecoin/) on December 6, 2013, by two software engineers, Billy Markus and Jackson Palmer. They wanted to create a parody of Bitcoin and other cryptocurrencies, that would appeal to a wider audience and make fun of the hype and speculation in the crypto space. 

Markus and Palmer chose the doge meme as the inspiration for their coin. Dogecoin quickly gained popularity and attention, thanks to its funny and friendly nature, and its active and supportive community. 

Dogecoin also became a popular way of [tipping and rewarding content creators](https://fastercapital.com/content/Spreading-the-Love--Dogecoin-as-the-Ultimate-Tipping-Currency.html) and users on social media platforms, such as Reddit, Twitter, and Twitch.

## Where did the Doge come from?

The doge meme originated from a [2010 photo](https://www.theguardian.com/lifeandstyle/2022/dec/28/dog-doge-meme-kabosu-leukemia-liver-disease) of a Shiba Inu dog named Kabosu, who was adopted by a Japanese kindergarten teacher named Atsuko Sato. Sato posted several photos of Kabosu on her blog, and one of them showed the dog looking sideways at the camera with a curious expression. 

This photo became viral on the internet, and people started adding captions to it in Comic Sans font, using broken English and modifiers like “so”, “such”, “many”, “much”, and “very”. 

The captions were meant to represent the dog’s inner thoughts and feelings, and often included words related to dogs, such as “wow”, “bark”, and “bone”. 

The doge meme became one of the most popular and recognisable memes of the 2010s, and spawned many variations and spin-offs.

## Why is Dogecoin popular?

Dogecoin is popular for many reasons.

-It has a humorous and light-hearted origin and nature, which make it stand out from other cryptocurrencies, and it appeals to a wider and more diverse audience.

-It has a loyal and enthusiastic community, which is active and supportive on various online platforms, and engages in various social and charitable activities using Dogecoin.

It has a competitive price and figuratively high supply, which make it accessible and affordable.

-It is high speed and has competitive fees, which make it convenient and efficient for transferring value over the internet, and suitable for microtransactions and tipping.

## Is Dogecoin a good investment? 

Yes and no. 

Here are the pros and cons. 

### Pros

-Dogecoin has a loyal and enthusiastic fan base that enjoys the humour and positivity of the coin. They often promote and support Dogecoin on social media, creating viral trends and increasing its exposure.

-Dogecoin has some influential fans, such as Tesla CEO Elon Musk, who has repeatedly tweeted about the coin and boosted its price. Musk has also expressed interest in improving Dogecoin’s technology and making it more environmentally friendly.

-Dogecoin transactions are efficient and competitive, making it suitable for microtransactions and everyday purchases. 

-Dogecoin has a large and growing supply, which makes it more accessible and affordable than other cryptocurrencies. There is no hard cap on the number of Dogecoins that can be created, unlike Bitcoin, which has a limit of 21 million coins.

### Cons

-Dogecoin was originally created as a joke and has no serious use case or innovation. It does not add value to any financial system, such as [Ethereum](https://www.coinjar.com/uk/buy/ethereum). Dogecoin’s biggest asset, aside from its entertainment value, is its community.

-Dogecoin is highly volatile and dependent on market sentiment and hype. Its price can change dramatically due to various factors, such as celebrity endorsements, media attention, or meme trends. 

-Dogecoin faces strong competition from other cryptocurrencies. Dogecoin is not as widely accepted as cryptocurrencies like Bitcoin.

Crypto is not for everyone. Be sure to do your own research and buy according to what is right for you, and not what is right for other people. 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. 

## What are the uses of Dogecoin?

Dogecoin can be used for [various purposes](https://bitpay.com/blog/where-can-i-spend-dogecoin/).

-Tipping and rewarding content creators and users on social media platforms, such as Reddit, Twitter, and Twitch, for providing interesting or valuable content.

-Donating and fundraising for various causes and projects, such as supporting athletes, artists, charities, and communities around the world.

-Buying and selling goods and services [online](https://www.techopedia.com/cryptocurrency/who-accepts-dogecoin), including real estate.

-Trading and investing in the cryptocurrency market, as Dogecoin is widely available and accepted on many exchanges and platforms. It has shown high volatility as the value can drop as quickly as it can rise.Y

ou should be prepared to lose all the money you invest in cryptoassets.	

## Dogecoin and opular culture

Dogecoin has over [3.9 million followers on X](https://twitter.com/dogecoin), at the time of writing. 

Dogecoin is often referenced in various media outlets, platforms, and events.

-Saturday Night Live: Dogecoin was the subject of a [skit](https://www.youtube.com/watch?v=Lk_epB7s-w0&ab_channel=BloombergQuicktake) on the popular comedy show, where Elon Musk played a character called “The Dogefather”, who tried to explain what Dogecoin is, and ended up saying that it is “a hustle”. 

This actually caused the price of Doge to go down afterwards. 

Time Magazine: Dogecoin was mentioned and [praised](https://www.cnbc.com/2021/12/13/elon-musk-says-dogecoin-is-better-to-buy-things-with-than-bitcoin.html) by Elon Musk in his interview with Time Magazine, where he was named the Person of the Year for 2023.

-TikTok: Dogecoin was the subject of a [viral challenge](https://cointelegraph.com/news/dogecoin-gains-20-amidst-tiktok-pumping-challenge) on the popular video-sharing app, where users encouraged each other to buy Dogecoin and push its price to $1. 

## Other pop culture appearances

-NBA: Dogecoin was adopted as a [form of payment](https://www.coindesk.com/markets/2021/03/04/doge-adoption-on-the-rise-dallas-mavericks-to-accept-dogecoin-for-tickets-merchandise/) for tickets and merchandise across several teams, following the example of the Dallas Mavericks, who were the first to do so in 2021. 

Music: Dogecoin was featured and referenced in several songs and albums by various artists, who expressed their support or interest in the cryptocurrency. Some of the examples are:

“D is for Dogecoin”, a [song](https://www.youtube.com/watch?v=cbI31x3FpS0&ab_channel=ReasonTV) by Remy, a comedian and rapper, who made a parody of the Sesame Street theme song, and explained what Dogecoin is and how to use it. 

“Dogecoin Anthem”, a [song](https://www.youtube.com/watch?v=2bMU2pk8siQ&ab_channel=LilMook) by Lil Mook, a rapper and producer, who made a tribute to Dogecoin.

## How to buy Dogecoin?

To buy Dogecoin on CoinJar, you need to follow these 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 take 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 Dogecoin. 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 you 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 Dogecoin investment.

## Conclusion
Dogecoin is a cryptocurrency that started as a joke, but has become a phenomenon that has captured the attention of people around the world. It is based on a meme of a dog, and has a fun and friendly culture. 


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Buy Dogecoin Australia: Dogecoin is a [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) (or digital currency) that was created in 2013 as a joke, and it was based on a dog meme that was famous at time. However, strangely, it now is the cryptocurrency with the 8th-highest [market capitalisation](https://coinmarketcap.com/) (at the time of writing, August 2024).

## What is DOGE? What is Dogecoin? 

DOGE is a [memecoin](https://www.coinjar.com/au/learn/memecoin-pepe-dogwifhat-shib-bonk-doge). The branding of the cryptocurrency is based around a viral internet meme of a Shiba Inu dog, nicknamed “Doge”, who speaks in broken English and expresses various emotions. DOGE runs on the Ethereum blockchain.

## The History of Dogecoin

Dogecoin was launched on December 6, 2013, by two software engineers, Billy Markus and Jackson Palmer. They wanted to create a parody of Bitcoin and other cryptocurrencies, that would appeal to a wider audience and make fun of the hype and speculation in the crypto space. 

Markus and Palmer chose the DOGE meme as the inspiration for their coin. Dogecoin quickly gained popularity and attention, thanks to its funny and friendly nature, and its active and supportive community. 

Dogecoin also became a popular way of tipping and rewarding content creators and users on social media platforms, such as Reddit, Twitter, and Twitch.

## Where Did the DOGE Come From?

The doge meme originated from a 2010 photo of a Shiba Inu dog named Kabosu, who was adopted by a Japanese kindergarten teacher named Atsuko Sato. Sato posted several photos of Kabosu on her blog, and one of them showed the dog looking sideways at the camera with a curious expression. 

This photo became viral on the internet, and people started adding captions to it in Comic Sans font, using broken English and modifiers like “so”, “such”, “many”, “much”, and “very”. 

## Why is Dogecoin Popular?

-It has a loyal and enthusiastic community, which is active and supportive on various online platforms.

-It has a low price and high supply, which make it accessible and affordable.

-It is high speed and has low fees.

But: 

-Dogecoin was originally created as a joke and has no use case or innovation that can't be met by other existing coins. 

## What are the Uses of Dogecoin?

-Tipping and r[ewarding](https://bitpay.com/blog/where-can-i-spend-dogecoin/) content creators and users on social media platforms, such as Reddit, Twitter, and Twitch, for providing interesting or valuable content.

-Donating and fundraising for various causes and projects, such as supporting athletes, artists, charities, and communities around the world.

-Buying and selling goods and services [online](https://www.techopedia.com/cryptocurrency/who-accepts-dogecoin), including real estate.

-Trading and investing in the cryptocurrency market, as Dogecoin is widely available and accepted on many exchanges and platforms. It has shown high volatility however.	

## Dogecoin and Popular Culture

Dogecoin has over [3.9 million followers](https://twitter.com/dogecoin) on X, at the time of writing. Dogecoin is often referenced in various media outlets, platforms, and events.

-Saturday Night Live: Dogecoin was the [subject of a skit](https://www.youtube.com/watch?v=Lk_epB7s-w0&ab_channel=BloombergQuicktake) on the popular comedy show, where Elon Musk played a character called “The Dogefather”, who tried to explain what Dogecoin is, and ended up saying that it is “a hustle”.  This actually caused the price of DOGE to go down afterwards. 

-Time Magazine: Dogecoin was mentioned and praised by Elon Musk in his [interview](https://www.cnbc.com/2021/12/13/elon-musk-says-dogecoin-is-better-to-buy-things-with-than-bitcoin.html) with Time Magazine, where he was named the Person of the Year for 2023.

-TikTok: Dogecoin was the subject of a [viral challenge](https://cointelegraph.com/news/dogecoin-gains-20-amidst-tiktok-pumping-challenge) on the popular video-sharing app, where users encouraged each other to buy Dogecoin and push its price to $1. 

## How to buy Dogecoin? How to buy DOGE?

-Download the CoinJar app on iOS or Android. Create an account and verify your ID. 

-Upload funds into your CoinJar account. This can be done using a bank transfer, debit card or a credit card, among other methods. Then purchase Dogecoin. You can keep your Dogecoin in your CoinJar wallet or move it to another wallet. 

## Ready to start buying Dogecoin (DOGE)? 

Many cryptocurrency exchanges allow you to trade Dogecoin, using methods including linking your Australian bank account as a payment method and using Australian dollars (AUD) as your fiat currency. You could be buying Dogecoin (DOGE) in minutes. 

Most crypto exchanges will list Dogecoin. If you encounter any issues along the way, remember that most platforms offer customer support to assist you.





Want to buy Tron? Tron is a blockchain-based platform that originally aimed to revolutionise the entertainment and content-sharing industry. TRX (TRONIX) is the native token, or [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) of the TRON blockchain. It’s like the “money” within the TRON ecosystem. 

People use TRX for transactions and various applications on the chain. Think of it as the fuel that powers TRON.

## Tron and stablecoins

While Tron was started for a different use case, it has taken off on another plane of existence. Tron has quietly become the [most heavily-used](https://hfaresearch.substack.com/p/the-bull-case-for-tron-the-usdt-chain) blockchain for [stablecoin activity](https://www.coinjar.com/global/learn/what-are-altcoins).

Tron now serves as a global network for settling offshore dollars. With over half of all [USDT](https://www.coinjar.com/global/buy/tether) supply sitting on Tron and significant transactional activity, perhaps Tron is now THE global settlement network.

Recently, Tron’s transaction volume surpassed Ethereum, making it the chain with the greatest volume of stablecoin transfers. It now settles around $70 billion of weekly on-chain stablecoin volume.

This [widespread distribution and usage](https://www.fxstreet.com/cryptocurrencies/news/tron-becomes-single-largest-chain-for-usdt-settlement-with-total-value-locked-of-665-billion-202310162059) of USDT on Tron indicate Tron’s significance in the crypto landscape.

## What is Tron?

Founded by the ambitious and sometimes controversial entrepreneur [Justin Sun](https://twitter.com/justinsuntron), [Tron](https://tron.network/trx?lng=en) aimed to create a decentralised ecosystem where creators, developers, and users can interact without intermediaries. 

At the time of writing, TRX is the [11th most-popular](https://coinmarketcap.com/currencies/tron/) crypto in the world by market capitalisation.

TRON is a blockchain platform, like Ethereum, that can run smart contracts. It can also be used for building dApps (decentralized apps, which are apps built on the blockchain rather than on the internet).

It works so much like the Ethereum network that it has become a competitor. In fact, TRX started as a token that was built on Ethereum. But then, it switched to its [own blockchain](https://www.ccn.com/tron-begins-transition-to-its-own-blockchain/).

## Tron’s history

Tron was officially launched in 2017 through an Initial Coin Offering (ICO). TRX quickly gained attention due to its ambitious vision and aggressive marketing. 

Tron’s original primary goal was to challenge existing centralised platforms like YouTube, Facebook, and Netflix by providing a transparent, censorship-resistant alternative.

## Justin Sun: The controversial visionary

Justin Sun, the founder of Tron, has always been a polarising figure in the crypto world. Sun pushed Tron’s ICO just before the Chinese government banned ICOs entirely, demonstrating his willingness to take risks.

### BitTorrent

In 2018, Sun acquired BitTorrent, a popular peer-to-peer file-sharing platform. He turned the acquisition into a self-promotion machine for himself. 

However the purchase seems to make business sense: BitTorrent was once a hot project in Silicon Valley, known for allowing people to share files online. However, it lost its user base when legitimate platforms emerged, and it struggled to reach its full potential.

Sun saw an opportunity. He acquired BitTorrent for approximately US$140 million. Sun wanted to enhance TRON’s capabilities. By integrating BitTorrent, TRON could expand its reach and utility.

BitTorrent’s peer-to-peer file-sharing technology aligned with TRON’s vision of decentralization. 

TRON had substantial funds which could be used to save BitTorrent from its struggles.

Sun’s move has allowed TRON to explore innovative ways to [connect with other networks](https://news.bitcoin.com/justin-sun-unveils-tron-based-bitcoin-layer-two-roadmap/), including the Bitcoin network.

### SEC skirmishes

Sun along with Tron has had [skirmishes](https://www.coindesk.com/policy/2023/03/22/tron-founder-justin-sun-sued-by-us-sec-on-securities-market-manipulation-charges/) with US’s Securities and Exchange Commission. However, that isn’t unusual within the crypto industry in the U.S. 

### Publicity stunts

Sun has made some rather “extra” publicity stunts, including paying a stupendous amount of money for a [building-sized photo of his face](https://twitter.com/JonathanHillis/status/1577727265760317498). The ad had a very small connection to the Tron network. 

In another promo, Tron users get a chance to win a trip to space. Like, legitimately, he bought tickets on [Jeff Bezos’ spaceship](https://seaofstars.tron.network/).

### His Excellency

Sun has been known to use the title “His Excellency”. Here there is an interesting backstory.

In December 2021, the Granada Government appointed Justin Sun as its ambassador and permanent trade representative to the World Trade Organisation (WTO).

Unfortunately, the political landscape changed soon after, and the political party that appointed him lost the general election. All ambassadors were recalled, including Sun.

Despite this, he continued to assert his diplomatic status. He still uses “His Excellency” on his social media handles. While some continue to address him as “His Excellency,” others recognise that his diplomatic status was short-lived.

Regardless, the Tron Community still refer to him as an “ambassador for the blockchain”.

## Tron’s use cases

While Tron started out with a plan to decentralize content sharing, allowing creators to directly connect with their audiences, it has morphed into other uses. 

Tron hosts a growing ecosystem of DApps, including gaming, social media, and decentralized finance (DeFi) applications. These DApps use TRX for transactions and smart contracts.

Tron’s blockchain has [impressive scalability](https://developers.tron.network/v3.7/docs/getting-started), handling thousands of transactions per second. This makes it suitable for applications requiring rapid processing, such as gaming and streaming platforms.

These days, Tron’s largest use case is to settle stablecoins, especially USDT, quickly and cheaply. This is especially popular with citizens of countries with lower socio-economic status.  

## Why Tron could be a good investment

### Growing ecosystem

Tron’s ecosystem continues to expand, attracting developers and users. As more DApps and projects build on Tron, demand for TRX may increase.

### Partnerships

Tron has formed strategic partnerships with companies like [Samsung](https://www.forbes.com/sites/darrynpollock/2020/01/23/samsung-embracing-tron-and-other-cryptos-just-the-start-says-justin-sun/?sh=6608e4295275), [BitGo](https://www.bitgo.com/newsroom/press-releases/tron-and-bitgo-strategic-alliance/), and [HTX](https://www.linkedin.com/posts/justinsuntron_htx-dao-announces-htx-and-tron-as-its-ecosystem-activity-7155450651571830784-uGq7), enhancing its credibility and adoption.

### Market potential

If Tron successfully disrupts centralized platforms, its value could skyrocket. As the entertainment industry embraces blockchain, Tron’s relevance will grow. This however, is not a given. Nobody has a crystal ball to see into the future.

### Content creators 

Tron say they empower content creators by providing a decentralized platform where they can share their work directly with their audience. Users can forget intermediaries and say hola to creative freedom. 

### Peer-to-peer payments

Need to settle a debt with a friend? Tron’s peer-to-peer payment system allows you to send TRX instantly, bypassing traditional banking channels. No more waiting for days. Tron also offers a [Tron wallet](https://tron.network/wallet?lng=) but most wallets will hold TRX.

## Buying TRX: Safe and convenient

Whether you want to use a credit or debit card to buy TRX instantly, or other payment methods, platforms like CoinJar allow you to purchase TRX. It’s quick, secure, and hassle-free.

CoinJar also has Google Pay and Apple Pay integration. You can buy TRX with a simple tap on your phone. 

## How to buy Tron

To buy Tron (TRX) using CoinJar, follow these steps.

Download the CoinJar App on iOS or Android.

Create an account. Sign up and verify your ID. It only takes a couple of minutes.

Then you can buy Tron, Bitcoin, ethereum and 50 other cryptocurrencies. CoinJar offers various payment methods, including Visa, Mastercard, bank transfer, PayID, and Osko. 

Additionally, you can convert crypto-to-crypto with a single click.

Bank transfers may take a day or two, whereas credit or debit card purchases are instant. Here is the [fee structure](https://www.coinjar.com/global/fees).

CoinJar is Australia’s longest-running crypto exchange, trusted by many users.

## Conclusion: Tron’s investment potential

Tron’s blockchain supports smart contracts, allowing developers to create decentralized applications (DApps). These contracts execute automatically, ensuring transparency and security. This could be the future of how we use money and “the internet” in the future. 

You may wonder if it is safe to buy Tron. Despite controversies surrounding Justin Sun and the Tron Foundation, TRX remains a popular investment choice. But of course, conduct thorough research, assess risks, and make informed decisions. You could even get professional advice.

While no investment is risk-free, Tron’s growing ecosystem, partnerships, and disruptive vision make it an intriguing choice. Keep an eye on developments, stay informed, and consider adding TRX to your portfolio.

In summary, Tron and TRX combine innovation, accessibility, and creativity, making it more than just a native token. Whether you’re a content creator, investor, or tech enthusiast, getting up in Tron’s grill is an interesting way to explore a decentralized future.


trx, tron, best crypto exchange, buy bitcoin,

Currency=TRX.svg

Want to buy Tron? Tron is a blockchain-based platform that originally aimed to revolutionise the entertainment and content-sharing industry. TRX (TRONIX) is the native token, or [cryptocurrency](https://www.coinjar.com/learn/what-is-crypto) of the TRON blockchain. It’s like the “money” within the TRON ecosystem. 

People use TRX for transactions and various applications on the chain. Think of it as the fuel that powers TRON.

## Tron and stablecoins

While Tron was started for a different use case, it has taken off on another plane of existence. Tron has quietly become the [most heavily-used](https://hfaresearch.substack.com/p/the-bull-case-for-tron-the-usdt-chain) blockchain for [stablecoin activity](https://www.coinjar.com/learn/what-are-altcoins).

Tron now serves as a global network for settling offshore dollars. With over half of all [USDT](https://www.coinjar.com/buy/tether) supply sitting on Tron and significant transactional activity, perhaps Tron is now THE global settlement network.

Recently, Tron’s transaction volume surpassed Ethereum, making it the chain with the greatest volume of stablecoin transfers. It now settles around $70 billion of weekly on-chain stablecoin volume.

This [widespread distribution and usage](https://www.fxstreet.com/cryptocurrencies/news/tron-becomes-single-largest-chain-for-usdt-settlement-with-total-value-locked-of-665-billion-202310162059) of USDT on Tron indicate Tron’s significance in the crypto landscape.

## What is Tron?

Founded by the ambitious and sometimes controversial entrepreneur [Justin Sun](https://twitter.com/justinsuntron), [Tron](https://tron.network/trx?lng=en) aimed to create a decentralised ecosystem where creators, developers, and users can interact without intermediaries. 

At the time of writing, TRX is the [11th most-popular](https://coinmarketcap.com/currencies/tron/) crypto in the world by market capitalisation.

TRON is a blockchain platform, like Ethereum, that can run smart contracts. It can also be used for building dApps (decentralized apps, which are apps built on the blockchain rather than on the internet).

It works so much like the Ethereum network that it has become a competitor. In fact, TRX started as a token that was built on Ethereum. But then, it switched to its [own blockchain](https://www.ccn.com/tron-begins-transition-to-its-own-blockchain/).

## Tron’s history

Tron was officially launched in 2017 through an Initial Coin Offering (ICO). TRX quickly gained attention due to its ambitious vision and aggressive marketing. 

Tron’s original primary goal was to challenge existing centralised platforms like YouTube, Facebook, and Netflix by providing a transparent, censorship-resistant alternative.

## Justin Sun: The controversial visionary

Justin Sun, the founder of Tron, has always been a polarising figure in the crypto world. Sun pushed Tron’s ICO just before the Chinese government banned ICOs entirely, demonstrating his willingness to take risks.

### BitTorrent

In 2018, Sun acquired BitTorrent, a popular peer-to-peer file-sharing platform. He turned the acquisition into a self-promotion machine for himself. 

However the purchase seems to make business sense: BitTorrent was once a hot project in Silicon Valley, known for allowing people to share files online. However, it lost its user base when legitimate platforms emerged, and it struggled to reach its full potential.

Sun saw an opportunity. He acquired BitTorrent for approximately US$140 million. Sun wanted to enhance TRON’s capabilities. By integrating BitTorrent, TRON could expand its reach and utility.

BitTorrent’s peer-to-peer file-sharing technology aligned with TRON’s vision of decentralization. 

TRON had substantial funds which could be used to save BitTorrent from its struggles.

Sun’s move has allowed TRON to explore innovative ways to [connect with other networks](https://news.bitcoin.com/justin-sun-unveils-tron-based-bitcoin-layer-two-roadmap/), including the Bitcoin network.

### SEC skirmishes

Sun along with Tron has had [skirmishes](https://www.coindesk.com/policy/2023/03/22/tron-founder-justin-sun-sued-by-us-sec-on-securities-market-manipulation-charges/) with US’s Securities and Exchange Commission. However, that isn’t unusual within the crypto industry in the U.S. 

### Publicity stunts

Sun has made some rather “extra” publicity stunts, including paying a stupendous amount of money for a [building-sized photo of his face](https://twitter.com/JonathanHillis/status/1577727265760317498). The ad had a very small connection to the Tron network. 

In another promo, Tron users get a chance to win a trip to space. Like, legitimately, he bought tickets on [Jeff Bezos’ spaceship](https://seaofstars.tron.network/).

### His Excellency

Sun has been known to use the title “His Excellency”. Here there is an interesting backstory.

In December 2021, the Granada Government appointed Justin Sun as its ambassador and permanent trade representative to the World Trade Organisation (WTO).

Unfortunately, the political landscape changed soon after, and the political party that appointed him lost the general election. All ambassadors were recalled, including Sun.

Despite this, he continued to assert his diplomatic status. He still uses “His Excellency” on his social media handles. While some continue to address him as “His Excellency,” others recognise that his diplomatic status was short-lived.

Regardless, the Tron Community still refer to him as an “ambassador for the blockchain”.

## Tron’s use cases

While Tron started out with a plan to decentralize content sharing, allowing creators to directly connect with their audiences, it has morphed into other uses. 

Tron hosts a growing ecosystem of DApps, including gaming, social media, and decentralized finance (DeFi) applications. These DApps use TRX for transactions and smart contracts.

Tron’s blockchain has [impressive scalability](https://developers.tron.network/v3.7/docs/getting-started), handling thousands of transactions per second. This makes it suitable for applications requiring rapid processing, such as gaming and streaming platforms.

These days, Tron’s largest use case is to settle stablecoins, especially USDT, quickly and cheaply. This is especially popular with citizens of countries with lower socio-economic status.  

## Why Tron could be a good investment

### Growing ecosystem

Tron’s ecosystem continues to expand, attracting developers and users. As more DApps and projects build on Tron, demand for TRX may increase.

### Partnerships

Tron has formed strategic partnerships with companies like [Samsung](https://www.forbes.com/sites/darrynpollock/2020/01/23/samsung-embracing-tron-and-other-cryptos-just-the-start-says-justin-sun/?sh=6608e4295275), [BitGo](https://www.bitgo.com/newsroom/press-releases/tron-and-bitgo-strategic-alliance/), and [HTX](https://www.linkedin.com/posts/justinsuntron_htx-dao-announces-htx-and-tron-as-its-ecosystem-activity-7155450651571830784-uGq7), enhancing its credibility and adoption.

### Market potential

If Tron successfully disrupts centralized platforms, its value could skyrocket. As the entertainment industry embraces blockchain, Tron’s relevance will grow. This however, is not a given. Nobody has a crystal ball to see into the future.

### Content creators 

Tron say they empower content creators by providing a decentralized platform where they can share their work directly with their audience. Users can forget intermediaries and say hola to creative freedom. 

### Peer-to-peer payments

Need to settle a debt with a friend? Tron’s peer-to-peer payment system allows you to send TRX instantly, bypassing traditional banking channels. No more waiting for days. Tron also offers a [Tron wallet](https://tron.network/wallet?lng=) but most wallets will hold TRX.

## Buying TRX: Safe and convenient

Whether you want to use a credit or debit card to buy TRX instantly, or other payment methods, platforms like CoinJar allow you to purchase TRX. It’s quick, secure, and hassle-free.

CoinJar also has Google Pay and Apple Pay integration. You can buy TRX with a simple tap on your phone. 

## How to buy Tron

To buy Tron (TRX) using CoinJar, follow these steps.

Download the CoinJar App on iOS or Android.

Create an account. Sign up and verify your ID. It only takes a couple of minutes.

Then you can buy Tron, Bitcoin, ethereum and 50 other cryptocurrencies. CoinJar offers various payment methods, including Visa, Mastercard, bank transfer, PayID, and Osko. 

Additionally, you can convert crypto-to-crypto with a single click.

Bank transfers may take a day or two, whereas credit or debit card purchases are instant. Here is the [fee structure](https://www.coinjar.com/fees).

CoinJar is Australia’s longest-running crypto exchange, trusted by many users.

## Conclusion: Tron’s investment potential

Tron’s blockchain supports smart contracts, allowing developers to create decentralized applications (DApps). These contracts execute automatically, ensuring transparency and security. This could be the future of how we use money and “the internet” in the future. 

You may wonder if it is safe to buy Tron. Despite controversies surrounding Justin Sun and the Tron Foundation, TRX remains a popular investment choice. But of course, conduct thorough research, assess risks, and make informed decisions. You could even get professional advice.

While no investment is risk-free, Tron’s growing ecosystem, partnerships, and disruptive vision make it an intriguing choice. Keep an eye on developments, stay informed, and consider adding TRX to your portfolio.

In summary, Tron and TRX combine innovation, accessibility, and creativity, making it more than just a native token. Whether you’re a content creator, investor, or tech enthusiast, getting up in Tron’s grill is an interesting way to explore a decentralized future.


Tron

Why investors buy Tron: Tron is a blockchain-based platform that aims to revolutionise the entertainment and content-sharing industry. TRX (TRONIX) is the native token, or [cryptocurrency](https://www.coinjar.com/uk/learn/what-is-crypto) of the TRON blockchain. It’s like the “money” within the [TRON ecosystem](https://tron.network/trx?lng=en). People use TRX for transactions and various applications on the chain. Think of it as the fuel that powers TRON.

Founded by the ambitious and sometimes controversial entrepreneur [Justin Sun](https://twitter.com/justinsuntron), Tron seeks to create a decentralised ecosystem where creators, developers, and users can interact without intermediaries. 

At the time of writing (08 April 2024), Tron is the [11th most-popular crypto](https://coinmarketcap.com/currencies/tron/) in the world by market capitalisation.

## What is Tron?

TRON is a blockchain platform, like Ethereum, that can run smart contracts. It can also be used for building dApps (decentralised apps, which are apps built on the blockchain rather than on the internet).

It works so much like the Ethereum network that it has become a competitor. In fact, TRX started as a token that was built on Ethereum. But then, it [switched](https://www.ccn.com/tron-begins-transition-to-its-own-blockchain/) to its own blockchain.

## Tron and stablecoins

While Tron was started for a different use case, it has taken off on another plane of existence. Tron has reportedly become the most [heavily-used blockchain](https://hfaresearch.substack.com/p/the-bull-case-for-tron-the-usdt-chain) for [stablecoin](https://www.coinjar.com/uk/learn/what-are-altcoins) activity.

Tron now serves as a global network for settling offshore dollars. With over half of all [USDT](https://www.coinjar.com/uk/buy/tether) supply sitting on Tron and significant transactional activity, perhaps Tron is now THE global settlement network.

(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.)

Recently, Tron’s transaction volume surpassed Ethereum, making it the chain with the greatest volume of stablecoin transfers. It now settles around $70 billion of weekly on-chain stablecoin volume.

This widespread distribution and usage of [USDT](https://www.coinjar.com/uk/buy/tether) on Tron indicate Tron’s [significance](https://www.fxstreet.com/cryptocurrencies/news/tron-becomes-single-largest-chain-for-usdt-settlement-with-total-value-locked-of-665-billion-202310162059) in the crypto landscape.
 
## Tron’s history

Tron was officially launched in 2017 through an Initial Coin Offering (ICO). TRX quickly gained attention due to its ambitious vision and aggressive marketing. 

Tron’s primary goal was to challenge existing centralised platforms like YouTube, Facebook, and Netflix by providing a transparent, censorship-resistant alternative.

## Justin Sun: The controversial visionary

Justin Sun, the founder of Tron, has always been a polarising figure in the crypto world. 
Sun pushed Tron’s ICO just before the Chinese government banned ICOs entirely, demonstrating his willingness to take risks.

### BitTorrent

In 2018, Sun acquired BitTorrent, a popular peer-to-peer file-sharing platform. He turned the acquisition into a self-promotion machine for himself. 

However the purchase seems to make business sense: BitTorrent was once a hot project in Silicon Valley, known for allowing people to share files online. However, it lost its user base when legitimate platforms emerged, and it struggled to reach its full potential.

Sun saw an opportunity. He acquired BitTorrent for approximately US$140 million. Sun wanted to enhance TRON’s capabilities. By integrating BitTorrent, TRON could expand its reach and utility.

BitTorrent’s peer-to-peer file-sharing technology aligned with TRON’s vision of decentralisation. 

TRON had substantial funds which could be used to save BitTorrent from its struggles.

Sun’s move has allowed TRON to explore innovative ways [to connect with other networks](https://news.bitcoin.com/justin-sun-unveils-tron-based-bitcoin-layer-two-roadmap/), including the Bitcoin network.

### SEC skirmishes

Sun along with Tron has had [skirmishes](https://www.coindesk.com/policy/2023/03/22/tron-founder-justin-sun-sued-by-us-sec-on-securities-market-manipulation-charges/ ) with US’s Securities and Exchange Commission. However, that isn’t unusual within the crypto industry in the U.S. 

### Publicity stunts

Sun has made some rather “extra” publicity stunts, including paying a stupendous amount of money for a [building-sized photo of his face](https://twitter.com/JonathanHillis/status/1577727265760317498). The ad had a very small connection to the Tron network. 

In another promo, Tron users get a chance to win a trip to space. Like, legitimately, he [bought tickets](https://seaofstars.tron.network/) on Jeff Bezos’ spaceship.

### His Excellency

Sun has been known to use the title “His Excellency”. Here there is an interesting backstory.

In December 2021, the Granada Government appointed Justin Sun as its ambassador and permanent trade representative to the World Trade Organisation (WTO).

Unfortunately, the political landscape changed soon after, and the political party that appointed him lost the general election. All ambassadors were recalled, including Sun.

Despite this, he continued to assert his diplomatic status. He still uses “His Excellency” on his social media handles. While some continue to address him as “His Excellency,” others recognise that his diplomatic status was short-lived.

Regardless, the Tron Community still refers to him as an “ambassador for the blockchain”.

## Tron’s Use Cases

Tron aims to decentralise content sharing, allowing creators to directly connect with their audiences. By eliminating intermediaries, subsequently, artists, musicians, and content creators can retain a larger share of their earnings.

Tron hosts a growing ecosystem of DApps, including gaming, social media, and decentralised finance (DeFi) applications. These DApps use TRX for transactions and smart contracts.

Tron’s blockchain has [impressive scalability] (https://developers.tron.network/v3.7/docs/getting-started ), handling thousands of transactions per second. This makes it suitable for applications requiring rapid processing, such as gaming and streaming platforms.

## Tron as an investment

### Growing Ecosystem

Tron’s ecosystem continues to expand, attracting developers and users. As more DApps and projects build on Tron, demand for TRX may increase.

### Partnerships

Tron has formed strategic partnerships with companies like [Samsung](https://www.forbes.com/sites/darrynpollock/2020/01/23/samsung-embracing-tron-and-other-cryptos-just-the-start-says-justin-sun/?sh=6608e4295275), [BitGo](https://www.bitgo.com/newsroom/press-releases/tron-and-bitgo-strategic-alliance/), and [HTX](https://www.linkedin.com/posts/justinsuntron_htx-dao-announces-htx-and-tron-as-its-ecosystem-activity-7155450651571830784-uGq7), enhancing its credibility and adoption.

### Market potential

If Tron successfully disrupts centralised platforms, its value could skyrocket. As the entertainment industry embraces blockchain, Tron’s relevance will grow. This however, is not a given. Nobody has a crystal ball to see into the future. 

### Content creators 

Tron say they empower content creators by providing a decentralised platform where they can share their work directly with their audience. Users can forget intermediaries and say hola to creative freedom. 

### Peer-to-peer payments

Need to settle a debt with a friend? Tron’s peer-to-peer payment system allows you to send TRX instantly, bypassing traditional banking channels. No more waiting for days. Tron also offers a [Tron wallet](https://tron.network/wallet?lng=) but most wallets will hold TRX. 

## Why are investors buying TRX? Is there risk and is it convenient?

Whether you want to use a card to buy TRX instantly, or other payment methods, platforms like CoinJar allow you to purchase TRX. It’s protected, and hassle-free. 

## How to buy Tron

To buy Tron (TRX) using CoinJar, follow these steps.

Download the CoinJar App on iOS or Android.

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. 

Then you can buy Tron, Bitcoin, Ethereum and 50 other cryptocurrencies. CoinJar offers various payment methods, including card, bank transfer, PayID, and Osko. 

Additionally, you can convert crypto-to-crypto with a single click.

Bank transfers may take a day or two, whereas credit or debit card purchases are instant. [Here is the fee structure](https://www.coinjar.com/uk/fees).

CoinJar, which has been in operation since 2013, is trusted by many users.

## Conclusion: Tron’s investment potential

Tron’s blockchain supports smart contracts, allowing developers to create decentralised applications (DApps). These contracts execute automatically, ensuring transparency and protection. This could be the future of how we use money and “the internet” in the future. 

You may wonder if it is safe to buy Tron? Despite controversies surrounding Justin Sun and the Tron Foundation, TRX remains a popular investment choice. But of course, conduct thorough research, assess risks, and make informed decisions. You could even get professional advice.

While no investment is risk-free, Tron’s growing ecosystem, partnerships, and disruptive vision make it an intriguing choice. Keep an eye on developments, stay informed, and consider adding TRX to your portfolio.

In summary, Tron and TRX combine innovation, accessibility, and creativity, making it more than just a native token. Whether you’re a content creator, investor, or tech enthusiast, getting up in Tron’s grill is an interesting way to explore a decentralised future.


Want to buy Tron? Tron is a blockchain-based platform that originally aimed to revolutionise the entertainment and content-sharing industry. TRX (TRONIX) is the native token, or [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) of the TRON blockchain. It’s like the “money” within the TRON ecosystem. 

People use TRX for transactions and various applications on the chain. Think of it as the fuel that powers TRON.

## Tron and stablecoins

While Tron was started for a different use case, it has taken off on another plane of existence. Tron has quietly become the [most heavily-used](https://hfaresearch.substack.com/p/the-bull-case-for-tron-the-usdt-chain) blockchain for [stablecoin activity](https://www.coinjar.com/au/learn/what-are-altcoins).

Tron now serves as a global network for settling offshore dollars. With over half of all [USDT](https://www.coinjar.com/au/buy/tether) supply sitting on Tron and significant transactional activity, perhaps Tron is now THE global settlement network.

Recently, Tron’s transaction volume surpassed Ethereum, making it the chain with the greatest volume of stablecoin transfers. It now settles around $70 billion of weekly on-chain stablecoin volume.

This [widespread distribution and usage](https://www.fxstreet.com/cryptocurrencies/news/tron-becomes-single-largest-chain-for-usdt-settlement-with-total-value-locked-of-665-billion-202310162059) of USDT on Tron indicate Tron’s significance in the crypto landscape.

## What is Tron?

Founded by the ambitious and sometimes controversial entrepreneur [Justin Sun](https://twitter.com/justinsuntron), [Tron](https://tron.network/trx?lng=en) aimed to create a decentralised ecosystem where creators, developers, and users can interact without intermediaries. 

At the time of writing, TRX is the [11th most-popular](https://coinmarketcap.com/currencies/tron/) crypto in the world by market capitalisation.

TRON is a blockchain platform, like Ethereum, that can run smart contracts. It can also be used for building dApps (decentralised apps, which are apps built on the blockchain rather than on the internet).

It works so much like the Ethereum network that it has become a competitor. In fact, TRX started as a token that was built on Ethereum. But then, it switched to its [own blockchain](https://www.ccn.com/tron-begins-transition-to-its-own-blockchain/).

## Tron’s history

Tron was officially launched in 2017 through an Initial Coin Offering (ICO). TRX quickly gained attention due to its ambitious vision and aggressive marketing. 

Tron’s original primary goal was to challenge existing centralised platforms like YouTube, Facebook, and Netflix by providing a transparent, censorship-resistant alternative.

## Justin Sun: The controversial visionary

Justin Sun, the founder of Tron, has always been a polarising figure in the crypto world. 
Sun pushed Tron’s ICO just before the Chinese government banned ICOs entirely, demonstrating his willingness to take risks.

### BitTorrent

In 2018, Sun acquired BitTorrent, a popular peer-to-peer file-sharing platform. He turned the acquisition into a self-promotion machine for himself. 

However the purchase seems to make business sense: BitTorrent was once a hot project in Silicon Valley, known for allowing people to share files online. However, it lost its user base when legitimate platforms emerged, and it struggled to reach its full potential.

Sun saw an opportunity. He acquired BitTorrent for approximately US$140 million. Sun wanted to enhance TRON’s capabilities. By integrating BitTorrent, TRON could expand its reach and utility.

BitTorrent’s peer-to-peer file-sharing technology aligned with TRON’s vision of decentralisation. 

TRON had substantial funds which could be used to save BitTorrent from its struggles.

Sun’s move has allowed TRON to explore innovative ways to [connect with other networks](https://news.bitcoin.com/justin-sun-unveils-tron-based-bitcoin-layer-two-roadmap/), including the Bitcoin network.

### SEC skirmishes

Sun along with Tron has had [skirmishes](https://www.coindesk.com/policy/2023/03/22/tron-founder-justin-sun-sued-by-us-sec-on-securities-market-manipulation-charges/) with US’s Securities and Exchange Commission. However, that isn’t unusual within the crypto industry in the U.S. 


### Publicity stunts

Sun has made some rather “extra” publicity stunts, including paying a stupendous amount of money for a [building-sized photo of his face](https://twitter.com/JonathanHillis/status/1577727265760317498). The ad had a very small connection to the Tron network. 

In another promo, Tron users get a chance to win a trip to space. Like, legitimately, he bought tickets on [Jeff Bezos’ spaceship](https://seaofstars.tron.network/).

### His Excellency

Sun has been known to use the title “His Excellency”. Here there is an interesting backstory.

In December 2021, the Granada Government appointed Justin Sun as its ambassador and permanent trade representative to the World Trade Organisation (WTO).

Unfortunately, the political landscape changed soon after, and the political party that appointed him lost the general election. All ambassadors were recalled, including Sun.

Despite this, he continued to assert his diplomatic status. He still uses “His Excellency” on his social media handles. While some continue to address him as “His Excellency,” others recognise that his diplomatic status was short-lived.

Regardless, the Tron Community still refer to him as an “ambassador for the blockchain”.

## Tron’s use cases

While Tron started out with a plan to decentralise content sharing, allowing creators to directly connect with their audiences, it has morphed into other uses. 

Tron hosts a growing ecosystem of DApps, including gaming, social media, and decentralised finance (DeFi) applications. These DApps use TRX for transactions and smart contracts.

Tron’s blockchain has [impressive scalability](https://developers.tron.network/v3.7/docs/getting-started), handling thousands of transactions per second. This makes it suitable for applications requiring rapid processing, such as gaming and streaming platforms.

These days, Tron’s largest use case is to settle stablecoins, especially USDT, quickly and cheaply. This is especially popular with citizens of countries with lower socio-economic status.  

## Why Tron could be a good investment

### Growing ecosystem

Tron’s ecosystem continues to expand, attracting developers and users. As more DApps and projects build on Tron, demand for TRX may increase.

### Partnerships

Tron has formed strategic partnerships with companies like [Samsung](https://www.forbes.com/sites/darrynpollock/2020/01/23/samsung-embracing-tron-and-other-cryptos-just-the-start-says-justin-sun/?sh=6608e4295275), [BitGo](https://www.bitgo.com/newsroom/press-releases/tron-and-bitgo-strategic-alliance/), and [HTX](https://www.linkedin.com/posts/justinsuntron_htx-dao-announces-htx-and-tron-as-its-ecosystem-activity-7155450651571830784-uGq7), enhancing its credibility and adoption.

### Market potential

If Tron successfully disrupts centralised platforms, its value could skyrocket. As the entertainment industry embraces blockchain, Tron’s relevance will grow. This however, is not a given. Nobody has a crystal ball to see into the future.

### Content creators 

Tron say they empower content creators by providing a decentralised platform where they can share their work directly with their audience. Users can forget intermediaries and say hola to creative freedom. 

### Peer-to-peer payments

Need to settle a debt with a friend? Tron’s peer-to-peer payment system allows you to send TRX instantly, bypassing traditional banking channels. No more waiting for days. Tron also offers a [Tron wallet](https://tron.network/wallet?lng=) but most wallets will hold TRX.

## Buying TRX: Safe and convenient

Whether you want to use a credit or debit card to buy TRX instantly, or other payment methods, platforms like CoinJar allow you to purchase TRX. It’s quick, secure, and hassle-free.

CoinJar also has Google Pay integration. You can buy TRX with a simple tap on your phone. 

## How to buy Tron

To buy Tron (TRX) using CoinJar, follow these steps.

Download the CoinJar App on iOS or Android.

Create an account. Sign up and verify your ID. It only takes a couple of minutes.

Then you can buy Tron, Bitcoin, ethereum and 50 other cryptocurrencies. CoinJar offers various payment methods, including Visa, Mastercard, bank transfer, PayID, and Osko. 

Additionally, you can convert crypto-to-crypto with a single click.

Bank transfers may take a day or two, whereas credit or debit card purchases are instant. Here is the [fee structure](https://www.coinjar.com/au/fees).

CoinJar is Australia’s longest-running crypto exchange, trusted by many users.

## Conclusion: Tron’s investment potential

Tron’s blockchain supports smart contracts, allowing developers to create decentralised applications (DApps). These contracts execute automatically, ensuring transparency and security. This could be the future of how we use money and “the internet” in the future. 

You may wonder if it is safe to buy Tron. Despite controversies surrounding Justin Sun and the Tron Foundation, TRX remains a popular investment choice. But of course, conduct thorough research, assess risks, and make informed decisions. You could even get professional advice.

While no investment is risk-free, Tron’s growing ecosystem, partnerships, and disruptive vision make it an intriguing choice. Keep an eye on developments, stay informed, and consider adding TRX to your portfolio.

In summary, Tron and TRX combine innovation, accessibility, and creativity, making it more than just a native token. Whether you’re a content creator, investor, or tech enthusiast, getting up in Tron’s grill is an interesting way to explore a decentralised future.


Cardano is a [blockchain](https://www.coinjar.com/global/learn/what-is-blockchain) platform that aims, [they say](https://cardanofoundation.org/en/our-mission/), to build a secure, fair and transparent society. It is designed to be a more efficient and sustainable alternative to other proof-of-work networks, such as Bitcoin and Ethereum. 

Cardano also has the potential to support smart contracts, decentralized applications, digital identity, and governance. The [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) or token of this blockchain is called ADA. 

## History of Cardano

Cardano was founded in 2017 by Charles Hoskinson, who was also one of the co-founders of Ethereum. Hoskinson wanted to create a more scalable and interoperable blockchain platform that could address some of the limitations and challenges of existing networks. 

Hoskinson also envisioned a platform that would be based on scientific research and peer-reviewed methods, rather than trial and error.

To achieve this vision, Hoskinson established IOHK, a technology company that develops Cardano and other blockchain projects. He also partnered with Cardano Foundation, a non-profit organisation that promotes and supports Cardano, and Emurgo, a venture capital firm that fosters the adoption of Cardano. Together, these three entities form the core of the Cardano ecosystem.

## Charles Hoskinson

Charles Hoskinson, the founder of Cardano, has a diverse range of interests beyond his involvement with Cardano. One of his intriguing ventures is investing in Colossal, a startup with an ambitious mission: [Resurrecting the woolly mammoth](https://colossal.com/mammoth/), the Tasmanian Tiger and the dodo, among [other extinct creatures.](https://colossal.com/a-colossal-60-million-series-a/)

In addition to his involvement with Cardano and Colossal, Hoskinson has other ventures, including raising bison and running a health clinic. His diverse portfolio reflects his eccentric and sometimes controversial personality.

## Background of Cardano
 
Cardano is named after Gerolamo Cardano, a 16th century Italian polymath and mathematician. The ADA token is named after Ada Lovelace, a 19th-century English mathematician and computer programmer, who is considered to be the first person to write an algorithm for a machine.

## The Cardano phases

Cardano has been developed in five phases, each with a different focus and functionality. 

**Byron:** The initial phase that launched the Cardano network and enabled users to transfer and store ADA.

**Shelley:** The phase that introduced the proof-of-stake consensus mechanism, called Ouroboros, and enabled the decentralization of the network.

**Goguen:** The current phase is adding smart contract capabilities and enabling the creation of decentralised applications on Cardano.

**Basho:** The upcoming phase that will improve the scalability and performance of the network.

**Voltaire:** The final phase that will introduce governance and treasury systems, allowing users to propose and vote on changes to the protocol.

## How to buy Cardano? 

To buy Cardano (ADA) on CoinJar, follow these simple steps:

Download the CoinJar app: Get the CoinJar app on iOS or Android.
Then, you can create an account. You have to sign up and then verify your ID. 
 
Make a purchase: Buy ADA and multiple other cryptos using cash or credit / debit card. 

CoinJar offers various payment methods. You can also convert crypto-to-crypto with a single click.

## Why is Cardano Useful?

Cardano is useful because it offers several advantages over other blockchain platforms.

### Security

Cardano uses a proof-of-stake consensus protocol, called Ouroboros, which reduces the energy consumption and environmental impact of the network, compared to proof-of-work protocols.

### Scalability

Cardano is designed to handle millions of transactions per second. 

### Interoperability

Cardano aims to become the “Internet of Blockchains”, enabling seamless communication and exchange between different networks and systems. Cardano also supports various programming languages and standards, such as Haskell, Plutus, Marlowe, and Glow, making it easier for developers to build applications on the platform.

### Sustainability

Cardano has a built-in mechanism to fund its development and innovation, through a treasury system that collects a portion of the transaction fees and distributes them to the projects that are approved by the community. Cardano also has a governance system that allows users to participate in the decision-making process of the network.

## Why would you invest in Cardano?

Cardano might be a good investment because it has a strong potential to grow in value and adoption.

Cardano has a clear and ambitious vision to create a more inclusive and equitable society, by leveraging blockchain technology to empower individuals and communities. 

Cardano also has a long-term roadmap that outlines its goals and milestones for the next decade.

Cardano has a talented and experienced team of engineers, researchers, and developers, who are constantly working to improve and innovate the platform. Cardano also has a large and active community of supporters, enthusiasts, and partners, who contribute to the growth and development of the ecosystem.

Also, Cardano has a cutting-edge technology that sets it apart from other blockchain platforms, in terms of security, scalability, interoperability, and sustainability. 

## Why is Cardano Not a Good Investment?

All that said, Cardano has some risks and challenges.

Cardano faces fierce competition from other blockchain platforms, especially Ethereum, which is the leading platform for smart contracts and decentralized applications. 

Ethereum also has a large and established network effect, with thousands of developers and users. Cardano will have to prove its superiority and attract more users and developers to its platform, in order to gain a competitive edge.

Another drawback is that Cardano is a complex and ambitious project, that aims to solve some of the most difficult problems in the blockchain space. However, this also means that Cardano may encounter some technical difficulties and delays, as it tries to implement its features and functionalities. 

Cardano will have to overcome these challenges and deliver on its promises, in order to achieve its vision.

Cardano, like any other cryptocurrency, is subject to high volatility and market fluctuations. Cardano may experience significant price swings, both upwards and downwards, in a short period of time. Cardano investors will have to be prepared for these risks and uncertainties.

## Conclusion: Cardano ADA 

Cardano is a blockchain platform founded in 2017 by Charles Hoskinson, who also co-founded Ethereum. Unlike its predecessors, Cardano aims to be a third-generation blockchain — a smart contract platform that combines rigorous academic research with technological innovation. 

At its core lies the Cardano blockchain, which employs the Ouroboros Proof-of-Stake (PoS) consensus mechanism. This innovative approach significantly reduces energy consumption compared to Bitcoin’s energy-intensive Proof-of-Work model. 

Cardano’s architecture consists of two layers: the Cardano Settlement Layer (CSL) for transactions and the Cardano Computation Layer (CCL) for smart contracts and decentralised applications (dApps). 

Cardano’s native smart contract language, Plutus, offers advanced features and scalability for developers. As a leading force in the world of cryptocurrencies, Cardano continues to evolve, providing a sustainable and scientifically-driven platform for the future.

The token used on the Cardano blockchain is ADA.

Cardano may be a good investment because it has a strong potential to grow in value and adoption, due to its vision, team, and technology. Cardano however equally may not be a good investment because it also has some risks and challenges, such as competition, complexity, and volatility.



Currency=ADA.svg

Cardano is a [blockchain](https://www.coinjar.com/learn/what-is-blockchain) platform that aims, [they say](https://cardanofoundation.org/en/our-mission/), to build a secure, fair and transparent society. It is designed to be a more efficient and sustainable alternative to other networks, such as Bitcoin and Ethereum. 

Cardano also has the potential to support smart contracts, decentralized applications, digital identity, and governance. The [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) or token of this blockchain is called ADA. 

## History of Cardano

Cardano was founded in 2017 by Charles Hoskinson, who was also one of the co-founders of Ethereum. Hoskinson wanted to create a more scalable and interoperable blockchain platform that could address some of the limitations and challenges of existing networks. 

Hoskinson also envisioned a platform that would be based on scientific research and peer-reviewed methods, rather than trial and error.

To achieve this vision, Hoskinson established IOHK, a technology company that develops Cardano and other blockchain projects. 

He also partnered with Cardano Foundation, a non-profit organization that promotes and supports Cardano, and Emurgo, a venture capital firm that fosters the adoption of Cardano. 

Together, these three entities form the core of the Cardano ecosystem.

## Charles Hoskinson

Charles Hoskinson, the founder of Cardano, has a diverse range of interests beyond his involvement with Cardano. One of his intriguing ventures is investing in Colossal, a startup with an ambitious mission: [Resurrecting the woolly mammoth](https://colossal.com/mammoth/), the Tasmanian Tiger and the dodo, among [other extinct creatures.](https://colossal.com/a-colossal-60-million-series-a/)

In addition to his involvement with Cardano and Colossal, Hoskinson has other ventures, including raising bison and running a health clinic. His diverse portfolio reflects his eccentric and sometimes controversial personality.

## Background of Cardano

Cardano is named after Gerolamo Cardano, a 16th century Italian polymath and mathematician. The ADA token is named after Ada Lovelace, a 19th-century English mathematician and computer programmer, who is considered to be the first person to write an algorithm for a machine.

## How to buy Cardano? 

To buy Cardano (ADA) on CoinJar:

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

Then, you can create an account. You have to sign up and then verify your ID. 

Make a purchase: Buy ADA and multiple other cryptos using cash or credit / debit card. 

CoinJar offers various payment methods. You can also convert crypto-to-crypto with a single click.

## Why do people buy Cardano?

Cardano might be a good investment because it has a strong potential to grow in value and adoption.

Also, Cardano has a cutting-edge technology that sets it apart from other blockchain platforms, in terms of security, scalability, interoperability, and sustainability. 

## Conclusion: Buy Cardano (ADA)

Cardano is a blockchain platform founded in 2017 by Charles Hoskinson, who also co-founded Ethereum. Unlike its predecessors, Cardano aims to be a third-generation blockchain — a smart contract platform that combines rigorous academic research with technological innovation. 



Cardano

What is Cardano (ADA)? Cardano is a [blockchain](https://www.coinjar.com/uk/learn/what-is-blockchain) platform that aims, [they say](https://cardanofoundation.org/en/our-mission/), to build a secure, fair and transparent society. It is designed to be a more efficient and sustainable alternative to other proof-of-work networks, such as Bitcoin and Ethereum. 

Cardano also has the potential to support smart contracts, decentralised applications, digital identity, and governance. The [cryptocurrency](https://www.coinjar.com/uk/learn/what-is-crypto) or token of this blockchain is called ADA. 

## History of Cardano

Cardano was founded in 2017 by Charles Hoskinson, who was also one of the co-founders of Ethereum. Hoskinson wanted to create a more scalable and interoperable blockchain platform that could address some of the limitations and challenges of existing networks. 

Hoskinson also envisioned a platform that would be based on scientific research and peer-reviewed methods, rather than trial and error.

To achieve this vision, Hoskinson established IOHK, a technology company that develops Cardano and other blockchain projects. He also partnered with Cardano Foundation, a non-profit organisation that promotes and supports Cardano, and Emurgo, a venture capital firm that fosters the adoption of Cardano. Together, these three entities form the core of the Cardano ecosystem.

## Charles Hoskinson
Charles Hoskinson, the founder of Cardano, has a diverse range of interests beyond his involvement with Cardano. One of his intriguing ventures is investing in [Colossal](https://colossal.com/mammoth/), a startup with an ambitious mission: resurrecting the woolly mammoth, the Tasmanian Tiger and the dodo, among other extinct creatures.

In addition to his involvement with Cardano and Colossal, Hoskinson has other ventures, including raising bison and running a health clinic. His [diverse portfolio](https://colossal.com/a-colossal-60-million-series-a/) reflects his eccentric and sometimes controversial personality.

## Background of Cardano
 
Cardano is named after Gerolamo Cardano, a 16th century Italian polymath and mathematician. The ADA token is named after Ada Lovelace, a 19th century English mathematician and computer programmer, who is considered to be the first person to write an algorithm for a machine.

## The Cardano phases

Cardano has been developed in five phases, each with a different focus and functionality. 

Byron: The initial phase that launched the Cardano network and enabled users to transfer and store ADA.

Shelley: The phase that introduced the proof-of-stake consensus mechanism, called Ouroboros, and enabled the decentralisation of the network.

Goguen: The current phase is adding smart contract capabilities and enabling the creation of decentralised applications on Cardano.

Basho: The upcoming phase that will improve the scalability and performance of the network.

Voltaire: The final phase that will introduce governance and treasury systems, allowing users to propose and vote on changes to the protocol.

## How to buy Cardano? 

To buy Cardano (ADA) on CoinJar, follow these simple steps:

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

Then, you can create an account. You have to sign up and then verify your ID. 

UK residents are required to take an assessment and then wait 24 hours (see below).

How to make a purchase: Buy ADA and multiple other cryptos using cash or credit / debit card. UK residents cannot buy crypto with a credit card due to local regulations.

CoinJar offers various payment methods. You can also convert crypto-to-crypto with a single click.

## What is Cardano’s value proposition?

Cardano is useful because it offers several advantages over other blockchain platforms.

### Security

Cardano uses a proof-of-stake consensus protocol, called Ouroboros, which reduces the energy consumption and environmental impact of the network, compared to proof-of-work protocols.

### Scalability

Cardano is designed to handle millions of transactions per second. 

### Interoperability

Cardano aims to become the “Internet of Blockchains”, enabling seamless communication and exchange between different networks and systems. Cardano also supports various programming languages and standards, such as Haskell, Plutus, Marlowe, and Glow, making it easier for developers to build applications on the platform.

### Sustainability

Cardano has a built-in mechanism to fund its development and innovation, through a treasury system that collects a portion of the transaction fees and distributes them to the projects that are approved by the community. Cardano also has a governance system that allows users to participate in the decision-making process of the network.

## Why is Cardano not a good investment?

Cardano has some risks and challenges.

Cardano faces fierce competition from other blockchain platforms, especially Ethereum, which is the leading platform for smart contracts and decentralised applications. 

Ethereum also has a large and established network effect, with thousands of developers and users. Cardano will have to prove its superiority and attract more users and developers to its platform, in order to gain a competitive edge.

Another drawback is that Cardano is a complex and ambitious project, that aims to solve some of the most difficult problems in the blockchain space. However, this also means that Cardano may encounter some technical difficulties and delays, as it tries to implement its features and functionalities. 

Cardano will have to overcome these challenges and deliver on its promises, in order to achieve its vision.

Cardano, like any other cryptocurrency, is subject to high volatility and market fluctuations. Cardano may experience significant price swings, both upwards and downwards, in a short period of time. Cardano investors will have to be prepared for these risks and uncertainties.

## Conclusion: Cardano ADA 

Cardano is a blockchain platform founded in 2017 by Charles Hoskinson, who also co-founded Ethereum. Unlike its predecessors, Cardano aims to be a third-generation blockchain — a smart contract platform that combines rigorous academic research with technological innovation. 

At its core lies the Cardano blockchain, which employs the Ouroboros Proof-of-Stake (PoS) consensus mechanism. This innovative approach significantly reduces energy consumption compared to Bitcoin’s energy-intensive Proof-of-Work model. 

Cardano’s architecture consists of two layers: the Cardano Settlement Layer (CSL) for transactions and the Cardano Computation Layer (CCL) for smart contracts and decentralised applications (dApps). 

Cardano’s native smart contract language, Plutus, offers advanced features and scalability for developers. As a leading force in the world of cryptocurrencies, Cardano continues to evolve, providing a sustainable and scientifically-driven platform for the future.

The token used on the Cardano blockchain is ADA.

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. Take 2 mins to learn more.


Buy Cardano (ADA) Australia:  Cardano is a [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain) platform that aims, [they say](https://cardanofoundation.org/en/our-mission/), to build a secure, fair and transparent society. It is designed to be a more efficient and sustainable alternative to other proof-of-work networks, such as Bitcoin and Ethereum. 

Cardano also has the potential to support smart contracts, decentralised applications, digital identity, and governance. The [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) or token of this blockchain is called ADA. 

## History of Cardano

Cardano was founded in 2017 by Charles Hoskinson, who was also one of the co-founders of Ethereum. Hoskinson wanted to create a more scalable and interoperable blockchain platform that could address some of the limitations and challenges of existing networks. 

Hoskinson also envisioned a platform that would be based on scientific research and peer-reviewed methods, rather than trial and error.

To achieve this vision, Hoskinson established IOHK, a technology company that develops Cardano and other blockchain projects. He also partnered with Cardano Foundation, a non-profit organisation that promotes and supports Cardano, and Emurgo, a venture capital firm that fosters the adoption of Cardano. Together, these three entities form the core of the Cardano ecosystem.

## Charles Hoskinson

Charles Hoskinson, the founder of Cardano, has a diverse range of interests beyond his involvement with Cardano. One of his intriguing ventures is investing in Colossal, a startup with an ambitious mission: [Resurrecting the woolly mammoth](https://colossal.com/mammoth/), the Tasmanian Tiger and the dodo, among [other extinct creatures.](https://colossal.com/a-colossal-60-million-series-a/)

In addition to his involvement with Cardano and Colossal, Hoskinson has other ventures, including raising bison and running a health clinic. His diverse portfolio reflects his eccentric and sometimes controversial personality.

## Background of Cardano

Cardano is named after Gerolamo Cardano, a 16th century Italian polymath and mathematician. The ADA token is named after Ada Lovelace, a 19th-century English mathematician and computer programmer, who is considered to be the first person to write an algorithm for a machine.

## How to buy Cardano? 

To buy Cardano (ADA) on CoinJar, follow these simple steps:

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

Then, you can create an account. You have to sign up and then verify your ID. 

Make a purchase: Buy ADA and multiple other cryptos using cash or credit / debit card. 

CoinJar offers various payment methods. You can also convert crypto-to-crypto with a single click.

## Why would you invest in Cardano?

Cardano might be a good investment because it has a strong potential to grow in value and adoption.

Cardano has a clear and ambitious vision to create a more inclusive and equitable society, by leveraging blockchain technology to empower individuals and communities. 

Cardano also has a long-term roadmap that outlines its goals and milestones for the next decade.

Cardano, like any other cryptocurrency, is subject to high volatility and market fluctuations. 

## Conclusion: Cardano ADA 

Unlike its predecessors, Cardano aims to be a third-generation blockchain — a smart contract platform that combines rigorous academic research with technological innovation. 

# What Is Avalanche (AVAX)? A CoinJar Guide to Buying AVAX Tokens

Avalanche (AVAX) is a [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) and it is also a [blockchain](https://www.coinjar.com/global/learn/what-is-blockchain) platform. 

If you’re curious about AVAX and want to know how to buy it, you’ve come to the right place. In this article, we’ll explain what Avalanche is, how it works, and guide you through the process of buying AVAX tokens.

## What is Avalanche (AVAX)?

Avalanche is an open-source blockchain platform designed for developers to create other blockchains and decentralized applications (dApps). Launched in 2020, Avalanche has a goal of being really fast while also being affordable. 

## Cool stuff on Avalanche

Here are some real-world examples of some interesting projects being built on Avalanche. 

### Lemonade Insurance

Small farmers in Kenya can struggle to get crop insurance. Thanks to Avalanche, an app called [Lemonade](https://www.coindesk.com/business/2022/03/22/lemonade-is-working-with-avalanche-chainlink-on-weather-insurance-for-farmers/) automates policies using smart contracts and weather-tracking oracles. (Oracles connect real-world data with a blockchain.)

Farmers sign up via their smartphones, paying just a few dollars. When adverse weather hits, thousands of Kenyan farmers receive automatic payouts, providing crucial financial support.

Some insurance companies are reducing coverage to farmers due to climate change effects, leaving some communities without protection. Lemonade Insurance aims to fill that gap, and because it is an automated process, it saves time and money.

### Dreamus Ticketing

OK Cashbag is an app that runs on Avalanche. Owned by an entertainment company called Dreamus, it [revolutionizes ticketing](https://www.avax.network/blog/korean-entertainment-giant-powers-ticketing-platform-with-avalanche) in South Korea.

Using the blockchain, OK Cashbag ensures that only genuine tickets are sold, it reduces scalping, and prevents counterfeiting.

So next time you front up to a K-Pop concert in South Korea, it could be Avalanche behind the scenes, making ticket transactions more secure.

### Gunzilla

[Gunzilla](https://gunzillagames.com/en/) is an independent AAA game studio. AAA games are the blockbuster movies of the gaming world. These are high-quality video games created by big, well-established development studios and published by major companies.

When you play Gunzilla’s game, _Off The Grid_, which has been built on Avalanche, everything happens seamlessly, there are no annoying delays or waiting times. Also it has very low fees to play.

Players can save their in-game items they have earned (like guns and skins) as NFTs, or sell them on to other players. They can even rent them out! Thanks to the blockchain, players know exactly what they own.

## How to buy Avalanche (AVAX) on CoinJar

If you’re interested in buying Avalanche (AVAX), CoinJar provides a straightforward process for acquiring AVAX. Follow these simple steps to get started.

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

Create an Account: Sign up for a CoinJar account and complete the ID verification process. It only takes a few minutes.

Make a Purchase: Once your account is set up, you can buy AVAX and other cryptocurrencies using cash or a credit card.

Payment Options on CoinJar:

Visa or Mastercard: Instantly purchase AVAX using your credit card.

Bank account transfer: You can add cash to your account.

Crypto-to-Crypto Conversion: Easily convert other cryptocurrencies to AVAX with a single click.

## Buy Avalanche: Conclusion

Avalanche’s speed, scalability, and community-driven approach make AVAX a rather compelling choice for crypto enthusiasts. Whether you’re a beginner or an experienced trader, buying AVAX is worth getting on your radar.


Currency=AVAX.svg

# What Is Avalanche (AVAX)? A CoinJar Guide to Buying AVAX Tokens

Avalanche (AVAX) is a [cryptocurrency](https://www.coinjar.com/learn/what-is-crypto) and it is also a [blockchain](https://www.coinjar.com/learn/what-is-blockchain) platform. 

If you’re curious about AVAX and want to know how to buy it, you’ve come to the right place. In this article, we’ll explain what Avalanche is, how it works, and guide you through the process of buying AVAX tokens.

## What is Avalanche (AVAX)?

Avalanche is an open-source blockchain platform designed for developers to create other blockchains and decentralized applications (dApps). Launched in 2020, Avalanche has a goal of being really fast while also being affordable. 

## Cool stuff on Avalanche

Here are some real-world examples of some interesting projects being built on Avalanche. 

### Lemonade Insurance

Small farmers in Kenya can struggle to get crop insurance. Thanks to Avalanche, an app called [Lemonade](https://www.coindesk.com/business/2022/03/22/lemonade-is-working-with-avalanche-chainlink-on-weather-insurance-for-farmers/) automates policies using smart contracts and weather-tracking oracles. (Oracles connect real-world data with a blockchain.)

Farmers sign up via their smartphones, paying just a few dollars. When adverse weather hits, thousands of Kenyan farmers receive automatic payouts, providing crucial financial support.

Some insurance companies are reducing coverage to farmers due to climate change effects, leaving some communities without protection. Lemonade Insurance aims to fill that gap, and because it is an automated process, it saves time and money.

### Dreamus Ticketing

OK Cashbag is an app that runs on Avalanche. Owned by an entertainment company called Dreamus, it [revolutionizes ticketing](https://www.avax.network/blog/korean-entertainment-giant-powers-ticketing-platform-with-avalanche) in South Korea.

Using the blockchain, OK Cashbag ensures that only genuine tickets are sold, it reduces scalping, and prevents counterfeiting.

So next time you front up to a K-Pop concert in South Korea, it could be Avalanche behind the scenes, making ticket transactions more secure.

### Gunzilla

[Gunzilla](https://gunzillagames.com/en/) is an independent AAA game studio. AAA games are the blockbuster movies of the gaming world. These are high-quality video games created by big, well-established development studios and published by major companies.

When you play Gunzilla’s game, _Off The Grid_, which has been built on Avalanche, everything happens seamlessly, there are no annoying delays or waiting times. Also it has very low fees to play.

Players can save their in-game items they have earned (like guns and skins) as NFTs, or sell them on to other players. They can even rent them out! Thanks to the blockchain, players know exactly what they own.

## How to buy Avalanche (AVAX) on CoinJar

If you’re interested in buying Avalanche (AVAX), CoinJar provides a straightforward process for acquiring AVAX. Follow these simple steps to get started.

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

Create an Account: Sign up for a CoinJar account and complete the ID verification process. It only takes a few minutes.

Make a Purchase: Once your account is set up, you can buy AVAX and other cryptocurrencies using cash or a credit card.

Payment Options on CoinJar:

Visa or Mastercard: Instantly purchase AVAX using your credit card.

Bank account transfer: You can add cash to your account.

Crypto-to-Crypto Conversion: Easily convert other cryptocurrencies to AVAX with a single click.

## Buy Avalanche: Conclusion

Avalanche’s speed, scalability, and community-driven approach make AVAX a rather compelling choice for crypto enthusiasts. Whether you’re a beginner or an experienced trader, buying AVAX is worth getting on your radar.


Avalanche

UK # What Is Avalanche (AVAX)? A CoinJar Guide to Buying AVAX Tokens

Avalanche (AVAX) is a [cryptocurrency](https://www.coinjar.com/uk/learn/what-is-crypto) and it is also a [blockchain](https://www.coinjar.com/uk/learn/what-is-blockchain) platform. 

If you’re curious about AVAX and want to know how to buy it, you’ve come to the right place. In this article, we’ll explain what Avalanche is, how it works, and guide you through the process of buying AVAX tokens.

## What is Avalanche (AVAX)?

Avalanche is an open-source blockchain platform designed for developers to create other blockchains and decentralised applications (dApps). Launched in 2020, Avalanche has a goal of being really efficient while also being affordable. 

## Cool stuff on Avalanche

Here are some real-world examples of some interesting projects being built on Avalanche. 

### Lemonade Insurance

Small farmers in Kenya can struggle to get crop insurance. Thanks to Avalanche, an app called [Lemonade](https://www.coindesk.com/business/2022/03/22/lemonade-is-working-with-avalanche-chainlink-on-weather-insurance-for-farmers/) automates policies using smart contracts and weather-tracking oracles. (Oracles connect real-world data with a blockchain.)

Farmers sign up via their smartphones, paying just a few dollars. When adverse weather hits, thousands of Kenyan farmers receive automatic payouts, providing crucial financial support.

Some insurance companies are reducing coverage to farmers due to climate change effects, leaving some communities without protection. Lemonade Insurance aims to fill that gap, and because it is an automated process, it saves time and money.

### Dreamus Ticketing

OK Cashbag is an app that runs on Avalanche. Owned by an entertainment company called Dreamus, it [revolutionises ticketing](https://www.avax.network/blog/korean-entertainment-giant-powers-ticketing-platform-with-avalanche) in South Korea.

Using the blockchain, OK Cashbag ensures that only genuine tickets are sold, it reduces scalping, and prevents counterfeiting.

So next time you front up to a K-Pop concert in Korea, it could be Avalanche behind the scenes, making ticket transactions more protected.

### Gunzilla

[Gunzilla](https://gunzillagames.com/en/) is an independent AAA game studio. AAA games are the blockbuster movies of the gaming world. These are high-quality video games created by big, well-established development studios and published by major companies.

When you play Gunzilla’s game, Off The Grid, which has been built on Avalanche, everything happens seamlessly, there are no annoying delays or waiting times. Also it has very competitive  fees to play.

Players can save their in-game items they have earned (like virtual weapons and virtual skins) as NFTs, or sell them on to other players. They can even rent them out! Thanks to the blockchain, players know exactly what they own.

## Should Investors buy Avalanche? Conclusion

Avalanche’s speed, scalability, and community-driven approach make AVAX a rather compelling choice for crypto enthusiasts. Buying AVAX is worth getting on your radar.


# What Is Avalanche (AVAX)? A CoinJar Guide to Buying AVAX Tokens

Avalanche (AVAX) is a [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) and it is also a [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain) platform. 

If you’re curious about AVAX and want to know how to buy it, you’ve come to the right place. In this article, we’ll explain what Avalanche is, how it works, and guide you through the process of buying AVAX tokens.

## What is Avalanche (AVAX)?

Avalanche is an open-source blockchain platform designed for developers to create other blockchains and decentralised applications (dApps). Launched in 2020, Avalanche has a goal of being really fast while also being affordable. 

## Cool stuff on Avalanche

Here are some real-world examples of some interesting projects being built on Avalanche. 

### Lemonade Insurance

Small farmers in Kenya can struggle to get crop insurance. Thanks to Avalanche, an app called [Lemonade](https://www.coindesk.com/business/2022/03/22/lemonade-is-working-with-avalanche-chainlink-on-weather-insurance-for-farmers/) automates policies using smart contracts and weather-tracking oracles. (Oracles connect real-world data with a blockchain.)

Farmers sign up via their smartphones, paying just a few dollars. When adverse weather hits, thousands of Kenyan farmers receive automatic payouts, providing crucial financial support.

Some insurance companies are reducing coverage to farmers due to climate change effects, leaving some communities without protection. Lemonade Insurance aims to fill that gap, and because it is an automated process, it saves time and money.

### Dreamus Ticketing

OK Cashbag is an app that runs on Avalanche. Owned by an entertainment company called Dreamus, it [revolutionises ticketing](https://www.avax.network/blog/korean-entertainment-giant-powers-ticketing-platform-with-avalanche) in South Korea.

Using the blockchain, OK Cashbag ensures that only genuine tickets are sold, it reduces scalping, and prevents counterfeiting.

So next time you front up to a K-Pop concert in Korea, it could be Avalanche behind the scenes, making ticket transactions more secure.

### Gunzilla

[Gunzilla](https://gunzillagames.com/en/) is an independent AAA game studio. AAA games are the blockbuster movies of the gaming world. These are high-quality video games created by big, well-established development studios and published by major companies.

When you play Gunzilla’s game, Off The Grid, which has been built on Avalanche, everything happens seamlessly, there are no annoying delays or waiting times. Also it has very low fees to play.

Players can save their in-game items they have earned (like guns and skins) as NFTs, or sell them on to other players. They can even rent them out! Thanks to the blockchain, players know exactly what they own.

## How to buy Avalanche (AVAX) on CoinJar

If you’re interested in buying Avalanche (AVAX), CoinJar provides a straightforward process for acquiring AVAX with Australian dollars (AUD). Follow these simple steps to get started.

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

Create an Account: Sign up for a CoinJar account and complete the ID verification process. It only takes a few minutes.

Make a Purchase: Once your account is set up, you can buy AVAX and other cryptocurrencies using cash or a credit card.

Payment Options on CoinJar:

Visa or Mastercard: Instantly purchase AVAX using your credit card.

Bank account transfer, PayID, or Osko: You can add cash to your account.

Crypto-to-Crypto Conversion: Easily convert other cryptocurrencies to AVAX with a single click.

## Buy Avalanche: Conclusion

Avalanche’s speed, scalability, and community-driven approach make AVAX a rather compelling choice for crypto enthusiasts. Whether you’re a beginner or an experienced trader, buying AVAX is worth getting on your radar.


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.


Shiba Inu (SHIB) has been making waves in the cryptocurrency world for quite some time, capturing the attention of investors, meme enthusiasts, and dog lovers alike. 

## What is Shiba-Inu? How to Buy SHIB?

What exactly is SHIB, and why is it often referred to as “the Dogecoin killer”? And how can I buy it? 

## The Origins of Shiba Inu

Shiba Inu is an Ethereum-based memecoin (or [altcoin](https://www.coinjar.com/global/learn/what-are-altcoins) that features the Shiba Inu, a Japanese breed of hunting dog, as its mascot. 

Shiba Inu is often seen as an alternative to [Dogecoin](https://www.coinjar.com/global/buy/dogecoin). 

Both SHIB and Dogecoin fall into the category of meme coins, which means they are associated with a theme (in this case, the Shiba Inu dog) and often launched as a playful parody. But don’t underestimate their impact — meme coins can still pack a punch. For example, Dogecoin is is the 10th [most popular crypto](https://coinmarketcap.com/) by market capitalisation at the time of writing, beating out other cryptocurrencies that have genuinely useful features. 

Shiba Inu is 18th by market cap (at the time of writing), but again it is more popular than some cryptocurrencies that are useful for many things.

## Who created Shiba Inu?

Shiba Inu was created in August 2020 by an anonymous individual or group known as Ryoshi. The project emerged as an experiment in decentralised spontaneous community building. 

Ryoshi [believed](https://www.shibariumuniversity.com/post/a-deep-dive-into-ryoshi-s-vision-and-the-future-of-decentralized-networks) that collective decentralisation could create something stronger than a centralised team ever could.

## Key Features of Shiba Inu

### Massive supply

SHIB had an initial circulating supply of one quadrillion coins. Yes, you read that right — abundant is an understatement. But this abundance has not diminished its appeal, seemingly.

### Shibaswap and NFTs

The Shiba Inu ecosystem extends beyond the token itself. It supports projects like [Shibaswap](https://shibaswap.com/#/), a decentralised exchange, and an NFT art incubator. So, it’s not just about the coin; it’s about the entire ecosystem.

### Woof paper

Forget the traditional whitepaper — Shiba Inu has a “[woof paper](https://whitepaper.io/document/758/shiba-inu-whitepaper)”. The “white paper” outlines the project’s guiding principles. It’s all about community-driven development and the spirit of creating something out of nothing.

### Shibarium

In January 2023, the Shiba Inu community introduced [Shibarium](https://docs.shibariumtech.com/shibarium/), a layer two blockchain designed to run on top of Ethereum. Its goals include reducing congestion, introducing staking, lowering gas fees, and supporting decentralised applications.

### The SHIBArmy

The SHIBArmy, with its base of nearly 500,000 members, embraces Shiba Inu’s founding principles. These include starting from zero, not relying on an existing community or preassembled team, and, of course, a love for Shiba Inu dogs.

## How to buy Shiba Inu (SHIB)

Here's how to buy Shiba Inu on CoinJar.

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

-Create an account: Sign up and verify your ID. 

-Upload funds to your CoinJar account using bank transfer or card.

-Make a purchase: Choose “SHIB” and then it the cryptocurrency will go into your CoinJar wallet. You can keep it on this wallet, or move it to another wallet.




Currency=SHIB.svg

Shiba Inu (SHIB) has been making waves in the cryptocurrency world for quite some time, capturing the attention of investors, meme enthusiasts, and dog lovers alike. 

## What is Shiba-Inu? How to Buy SHIB?

What exactly is SHIB, and why is it often referred to as “the Dogecoin killer”? And how can I buy it? 

## The Origins of Shiba Inu

Shiba Inu is an Ethereum-based memecoin (or [altcoin](https://www.coinjar.com/learn/what-are-altcoins) that features the Shiba Inu, a Japanese breed of hunting dog, as its mascot. 

Shiba Inu is often seen as an alternative to [Dogecoin](https://www.coinjar.com/buy/dogecoin). 

Both SHIB and Dogecoin fall into the category of meme coins, which means they are associated with a theme (in this case, the Shiba Inu dog) and often launched as a playful parody. But don’t underestimate their impact — meme coins can still pack a punch. For example, Dogecoin is is the 10th [most popular crypto](https://coinmarketcap.com/) by market capitalisation at the time of writing, beating out other cryptocurrencies that have genuinely useful features. 

Shiba Inu is 18th by market cap (at the time of writing), but again it is more popular than some cryptocurrencies that are useful for many things.

## Who created Shiba Inu?

Shiba Inu was created in August 2020 by an anonymous individual or group known as Ryoshi. The project emerged as an experiment in decentralised spontaneous community building. 

Ryoshi [believed](https://www.shibariumuniversity.com/post/a-deep-dive-into-ryoshi-s-vision-and-the-future-of-decentralized-networks) that collective decentralisation could create something stronger than a centralised team ever could.

## Key Features of Shiba Inu

### Massive supply

SHIB had an initial circulating supply of one quadrillion coins. Yes, you read that right — abundant is an understatement. But this abundance has not diminished its appeal, seemingly.

### Shibaswap and NFTs

The Shiba Inu ecosystem extends beyond the token itself. It supports projects like [Shibaswap](https://shibaswap.com/#/), a decentralised exchange, and an NFT art incubator. So, it’s not just about the coin; it’s about the entire ecosystem.

### Woof paper

Forget the traditional whitepaper — Shiba Inu has a “[woof paper](https://whitepaper.io/document/758/shiba-inu-whitepaper)”. The “white paper” outlines the project’s guiding principles. It’s all about community-driven development and the spirit of creating something out of nothing.

### Shibarium

In January 2023, the Shiba Inu community introduced [Shibarium](https://docs.shibariumtech.com/shibarium/), a layer two blockchain designed to run on top of Ethereum. Its goals include reducing congestion, introducing staking, lowering gas fees, and supporting decentralised applications.

### The SHIBArmy

The SHIBArmy, with its base of nearly 500,000 members, embraces Shiba Inu’s founding principles. These include starting from zero, not relying on an existing community or preassembled team, and, of course, a love for Shiba Inu dogs.

## How to buy Shiba Inu (SHIB)

Here's how to buy Shiba Inu on CoinJar.

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

-Create an account: Sign up and verify your ID. 

-Upload funds to your CoinJar account using bank transfer or card.

-Make a purchase: Choose “SHIB” and then it the cryptocurrency will go into your CoinJar wallet. You can keep it on this wallet, or move it to another wallet.




Shiba Inu

How to Buy SHIB? Shiba Inu (SHIB) has been making waves in the cryptocurrency world for quite some time, capturing the attention of investors, meme enthusiasts, and dog lovers alike. But what exactly is SHIB, and why is it often referred to as “the Dogecoin killer”? 

## The Origins of Shiba Inu

Shiba Inu is an Ethereum-based memecoin ([or altcoin](https://www.coinjar.com/uk/learn/what-are-altcoins)) that features the Shiba Inu, a Japanese breed of hunting dog, as its mascot. 

SHIB is often seen as an alternative to [Dogecoin](https://www.coinjar.com/uk/buy/dogecoin ). 

Both SHIB and Dogecoin fall into the category of meme coins, which means they are associated with a theme (in this case, the Shiba Inu dog) and often launched as a playful parody. But don’t underestimate their impact — meme coins can still pack a punch. 

For example, Dogecoin is is the 10th most popular crypto by market capitalisation at the time of writing, beating out other cryptocurrencies that have genuinely useful features. 

SHIB is [18th by market cap](https://coinmarketcap.com/) (at the time of writing, April 2024), again it is more popular than some cryptocurrencies that are useful for many things.

## Who created Shiba Inu?

Shiba Inu was created in August 2020 by an anonymous individual or group known as Ryoshi. The project emerged as an experiment in decentralised spontaneous community building. 

Ryoshi believed that [collective decentralisation](https://www.shibariumuniversity.com/post/a-deep-dive-into-ryoshi-s-vision-and-the-future-of-decentralized-networks) could create something stronger than a centralised team ever could.

## Key Features of Shiba Inu

### Massive supply

SHIB had an initial circulating supply of one quadrillion coins. Yes, you read that right — abundant is an understatement. But this abundance has not diminished its appeal, seemingly.

### Shibaswap and NFTs

The SHIB ecosystem extends beyond the token itself. It supports projects like [Shibaswap](https://shibaswap.com/#/), a decentralised exchange, and an NFT art incubator. So, it’s not just about the coin; it’s about the entire ecosystem.

### Woof paper

Forget the traditional whitepaper — SHIB has a “[woof paper](https://whitepaper.io/coin/shiba-inu)”. The “white paper” outlines the project’s guiding principles. It’s all about community-driven development and the spirit of creating something out of nothing.

### Shibarium

In January 2023, the SHIB community introduced Shibarium, a layer two blockchain designed to run on top of Ethereum. Its goals include reducing congestion, introducing staking, ensuring competitive gas fees, and supporting decentralised applications.

### The SHIBArmy

The SHIBArmy, with its base of nearly 500,000 members, embraces Shiba Inu’s founding principles. These include starting from zero, not relying on an existing community or preassembled team, and, of course, a love for Shiba Inu dogs.

## How to buy Shiba Inu (SHIB)

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

-Create an account: Sign up and verify your ID.Complete an assessment, showing your understanding of risks involved in crypto investments and complete a 24 hour cooling off period. 

-Upload funds to your CoinJar account using bank transfer or card.

-Make a purchase: Choose “SHIB” and then it the cryptocurrency will go into your CoinJar wallet. You can keep it on this wallet, or move it to another wallet.







Shiba Inu (SHIB) has been making waves in the cryptocurrency world for quite some time, capturing the attention of investors, meme enthusiasts, and dog lovers alike. 

## What is Shiba-Inu? How to Buy SHIB?

What exactly is SHIB, and why is it often referred to as “the Dogecoin killer”? And how can I buy it? 

## The Origins of Shiba Inu

Shiba Inu is an Ethereum-based memecoin (or [altcoin](https://www.coinjar.com/au/learn/what-are-altcoins) that features the Shiba Inu, a Japanese breed of hunting dog, as its mascot. 

Shiba Inu is often seen as an alternative to [Dogecoin](https://www.coinjar.com/au/buy/dogecoin). 

Both SHIB and Dogecoin fall into the category of meme coins, which means they are associated with a theme (in this case, the Shiba Inu dog) and often launched as a playful parody. But don’t underestimate their impact — meme coins can still pack a punch. For example, Dogecoin is is the 10th [most popular crypto](https://coinmarketcap.com/) by market capitalisation at the time of writing, beating out other cryptocurrencies that have genuinely useful features. 

Shiba Inu is 18th by market cap (at the time of writing), but again it is more popular than some cryptocurrencies that are useful for many things.

## Who created Shiba Inu?

Shiba Inu was created in August 2020 by an anonymous individual or group known as Ryoshi. The project emerged as an experiment in decentralised spontaneous community building. 

Ryoshi [believed](https://www.shibariumuniversity.com/post/a-deep-dive-into-ryoshi-s-vision-and-the-future-of-decentralized-networks) that collective decentralisation could create something stronger than a centralised team ever could.

## Key Features of Shiba Inu

### Massive supply

SHIB had an initial circulating supply of one quadrillion coins. Yes, you read that right — abundant is an understatement. But this abundance has not diminished its appeal, seemingly.

### Shibaswap and NFTs

The Shiba Inu ecosystem extends beyond the token itself. It supports projects like [Shibaswap](https://shibaswap.com/#/), a decentralised exchange, and an NFT art incubator. So, it’s not just about the coin; it’s about the entire ecosystem.

### Woof paper

Forget the traditional whitepaper — Shiba Inu has a “[woof paper](https://whitepaper.io/document/758/shiba-inu-whitepaper)”. The “white paper” outlines the project’s guiding principles. It’s all about community-driven development and the spirit of creating something out of nothing.

### Shibarium

In January 2023, the Shiba Inu community introduced [Shibarium](https://docs.shibariumtech.com/shibarium/), a layer two blockchain designed to run on top of Ethereum. Its goals include reducing congestion, introducing staking, lowering gas fees, and supporting decentralised applications.

### The SHIBArmy

The SHIBArmy, with its base of nearly 500,000 members, embraces Shiba Inu’s founding principles. These include starting from zero, not relying on an existing community or preassembled team, and, of course, a love for Shiba Inu dogs.

## How to buy Shiba Inu (SHIB)

Here's how to buy Shiba Inu on CoinJar.

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

-Create an account: Sign up and verify your ID. 

-Upload funds to your CoinJar account using bank transfer or card.

-Make a purchase: Choose “SHIB” and then it the cryptocurrency will go into your CoinJar wallet. You can keep it on this wallet, or move it to another wallet.




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) 



Polkadot’s primary mission is to help multiple separate seemingly incompatible [blockchains](https://www.coinjar.com/global/learn/what-is-blockchain) all work together like they are compatible. Traditional blockchains operate pretty much all alone, limiting their ability to communicate and share data. 

Polkadot changes the game by connecting these blockchains — like a digital highway where information flows freely between different projects.

The DOT token or [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) is used in the Polkadot ecosystem.

## The relay chain and parachains

Polkadot’s architecture revolves around the Relay Chain. Around it orbit various parachains — individual blockchains with specific uses. These parachains can specialise in anything from decentralised finance (DeFi) to gaming or identity management.

Because Polkadot doesn’t have apps on it, it’s called a zero layer, because it is a foundation layer. But the parachains around it do have dApps (apps made on a blockchain rather than the internet). Here are some really [cool parachains](https://www.youtube.com/watch?v=caSQjapyroA) to look into. 

Imagine Polkadot as a bustling city with different districts, each serving a unique purpose. The Relay Chain ensures seamless communication between these districts.

## Substrate

Developers can create their own parachains using the Substrate framework. It’s like building with Lego blocks — assemble your unique blockchain, connect it to Polkadot, and benefit from the network’s security and interoperability.

This flexibility encourages innovation and rapid development.

## DOT Token 

Polkadot (DOT) was launched through its [initial coin offering](https://coincodex.com/ico/polkadot/) (ICO) in October 2017. 

During the ICO, the initial price of Polkadot was US$0.29, and a total of 2.24 million tokens were offered. Since then, Polkadot has evolved significantly, and its price has experienced [wild fluctuations](https://coinmarketcap.com/currencies/polkadot-new/). At its all-time high price, it was trading at US$55, in October of 2021, however at the time of writing the price of DOT was US$7.70. 

The native DOT token serves several purposes. It can just be a speculative investment. People buy the token at what they think is a low price, and sell when they think it won’t go much higher. (Or they buy it at the top of the market and end up having to sell after the price drops!)

### Other uses of DOT

Governance: DOT holders participate in decision-making, shaping Polkadot’s future.

Staking: Lock up DOT to secure the network and earn rewards.

Bonding: Parachains use DOT as collateral to secure a slot on the Relay Chain.

Owning DOT means being an active participant in the Polkadot ecosystem.

## Buy Polkadot: In Summary 

Polkadot (DOT)  isn’t just another cryptocurrency. It’s a multichain network designed to address scalability and interoperability issues faced by traditional blockchains. 

Polkadot was founded by the [Web3 Foundation](https://web3.foundation/). 

This open-source project brought together some of the brightest minds in the blockchain industry. Their goal? To create a platform that enables seamless interaction between different blockchains.



Currency=DOT.svg

Polkadot

Why investors buy Polkadot: Polkadot’s primary mission is to help multiple separate seemingly incompatible [blockchains](https://www.coinjar.com/uk/learn/what-is-blockchain) all work together like they are compatible, as per Polkadot's [whitepaper](https://polkadot.network/whitepaper/). 

Traditional blockchains operate pretty much all alone, limiting their ability to communicate and share data. 

[Polkadot](https://polkadot.network/) changes the game by connecting these blockchains — like a digital highway where information flows freely between different projects.

The DOT token or [cryptocurrency](https://www.coinjar.com/uk/learn/what-is-crypto) is used in the Polkadot ecosystem.

## The relay chain and parachains

Polkadot’s architecture revolves around the Relay Chain. Around it orbit various parachains — individual blockchains with specific uses. These parachains can specialise in anything from decentralised finance (DeFi) to gaming or identity management.

Because Polkadot doesn’t have apps on it, it’s called a zero layer, because it is a foundation layer. 

But the parachains around it do have dApps (apps made on a blockchain rather than the internet). Here are some [really cool](https://www.youtube.com/watch?v=caSQjapyroA) parachains to look into. 

Imagine Polkadot as a bustling city with different districts, each serving a unique purpose. It's like the Relay Chain ensures seamless communication between these districts.

## Scalability and efficiency

By spreading transactions across multiple parachains, it achieves  efficient processing and resource use. Unlike congested highways during rush hour, Polkadot’s lanes remain open and efficient.

## Substrate

Developers can create their own parachains using the Substrate framework. It’s like building with Lego blocks — assemble your unique blockchain, connect it to Polkadot, and benefit from the network’s security and interoperability.

This flexibility encourages innovation and rapid development.

## DOT Token 

Polkadot (DOT) was launched through its [initial coin offering (ICO)](https://coincodex.com/ico/polkadot/) in October 2017. 

During the ICO, the initial price of [Polkadot](https://icodrops.com/polkadot/) was US$0.29, and a total of 2.24 million tokens were offered. 

Since then, Polkadot has evolved significantly, and its price has experienced [wild](https://coinmarketcap.com/currencies/polkadot-new/) fluctuations. At its all-time high price, it was trading at US$55, in October of 2021, however at the time of writing, 28 March 2024, the price of DOT was US$9.40.

The native DOT token serves several purposes. It can just be a speculative investment. People buy the token at what they think is a competitive price, and sell when they think it won’t go much higher. (Or they buy it at the top of the market and end up having to sell after the price drops!)

### Other uses of DOT

Governance: DOT holders participate in decision-making, shaping Polkadot’s future.

Staking: Lock up DOT to secure the network and earn rewards.

Bonding: Parachains use DOT as collateral to secure a slot on the Relay Chain.

Owning DOT means being an active participant in the Polkadot ecosystem.

## Who is Gavin Wood?

Polkadot’s co-founder, Gavin Wood, played a pivotal role in Ethereum’s early days. His vision for Polkadot combines scalability, security, and innovation.

## Where is Polkadot headed?

Polkadot’s ecosystem is vibrant and [expanding](https://polkadot.network/blog/polkadot_q4_update_data). New projects, collaborations, and use cases emerge regularly. 

As more parachains join, the network becomes more popular with the possibility of growing in strategic importance within the crypto world. This may result in a positive return for speculative investors and users.

Many people who invest in Polkadot see themselves positioning their investment for tomorrow. Interoperability will be a critical factor as the crypto landscape evolves. However, although Polkadot is a promising project, no one knows for sure what will happen in the future.

## Energy efficiency

Polkadot’s proof-of-stake (NPoS) model consumes significantly [less energy](https://forum.polkadot.network/t/decentralised-futures-phyken-network-green-rwa-fractionalisation-protocol-powered-by-polkadot-and-substrate-builders-program/5605) than traditional blockchains. It’s reported to be environmentally friendly and sustainable.

How to Buy Polkadot (DOT) 

If you’re interested in buying Polkadot (DOT) through CoinJar, here’s a step-by-step guide.

### 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 Polkadot. 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 Polkadot investment.

## Polkadot: In Summary 

Polkadot (DOT)  isn’t just another cryptocurrency. It’s a multichain network designed to address scalability and interoperability issues faced by traditional blockchains. 

Polkadot was founded by the [Web3 Foundation](https://web3.foundation/). 

This open-source project brought together some of the brightest minds in the blockchain industry. Their goal? To create a platform that enables seamless interaction between different blockchains.


Polkadot’s primary mission is to help multiple separate seemingly incompatible [blockchains](https://www.coinjar.com/au/learn/what-is-blockchain) all work together like they are compatible. Traditional blockchains operate pretty much all alone, limiting their ability to communicate and share data. 

Polkadot changes the game by connecting these blockchains — like a digital highway where information flows freely between different projects.

The DOT token or [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) is used in the Polkadot ecosystem.

## The relay chain and parachains

Polkadot’s architecture revolves around the Relay Chain. Around it orbit various parachains — individual blockchains with specific uses. These parachains can specialise in anything from decentralised finance (DeFi) to gaming or identity management.

Because Polkadot doesn’t have apps on it, it’s called a zero layer, because it is a foundation layer. But the parachains around it do have dApps (apps made on a blockchain rather than the internet). Here are some really [cool parachains](https://www.youtube.com/watch?v=caSQjapyroA) to look into. 

Imagine Polkadot as a bustling city with different districts, each serving a unique purpose. The Relay Chain ensures seamless communication between these districts.

## Substrate

Developers can create their own parachains using the Substrate framework. It’s like building with Lego blocks — assemble your unique blockchain, connect it to Polkadot, and benefit from the network’s security and interoperability.

This flexibility encourages innovation and rapid development.

## DOT Token 

Polkadot (DOT) was launched through its [initial coin offering](https://coincodex.com/ico/polkadot/) (ICO) in October 2017. 

During the ICO, the initial price of Polkadot was US$0.29, and a total of 2.24 million tokens were offered. Since then, Polkadot has evolved significantly, and its price has experienced [wild fluctuations](https://coinmarketcap.com/currencies/polkadot-new/). At its all-time high price, it was trading at US$55, in October of 2021, however at the time of writing the price of DOT was US$7.70. 

The native DOT token serves several purposes. It can just be a speculative investment. People buy the token at what they think is a low price, and sell when they think it won’t go much higher. (Or they buy it at the top of the market and end up having to sell after the price drops!)

### Other uses of DOT

Governance: DOT holders participate in decision-making, shaping Polkadot’s future.

Staking: Lock up DOT to secure the network and earn rewards.

Bonding: Parachains use DOT as collateral to secure a slot on the Relay Chain.

Owning DOT means being an active participant in the Polkadot ecosystem.

## Buy Polkadot: In Summary 

Polkadot (DOT)  isn’t just another cryptocurrency. It’s a multichain network designed to address scalability and interoperability issues faced by traditional blockchains. 

Polkadot was founded by the [Web3 Foundation](https://web3.foundation/). 

This open-source project brought together some of the brightest minds in the blockchain industry. Their goal? To create a platform that enables seamless interaction between different blockchains.



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 Uniswap (UNI): Uniswap is a decentralized exchange (DEX) platform that has a  native [token](https://www.coinjar.com/global/learn/what-is-crypto) called UNI.

[Uniswap](https://uniswap.org/) is the [biggest decentralized exchange](https://www.coingecko.com/en/exchanges/decentralized). Users can buy and sell cryptocurrencies directly from their wallets without needing a middleman. 

On Uniswap, buying and selling happens automatically. Users provide funds to the platform to make trading possible, and the more funds provided, the better the prices for everyone.

Uniswap became really popular during the DeFi boom and, despite having many competitors now, it's still the top decentralized exchange with billions of dollars worth of cryptocurrency locked in its system (called Total Value Locked or TVL)

## What Is UNI?

Holders of UNI have voting rights and can participate in shaping the platform’s future. 

### 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.

## Conclusion: Buy Uniswap (UNI)

Uniswap's native token, UNI, offers holders a say in the platform's future but also provides opportunities to earn rewards. 

You can buy Uniswap (UNI) on CoinJar and then trade Uniswap on the platform. The price of Uniswap is subject to the dynamics of supply and demand, just like any other asset, and can be tracked in US dollars dollars or any other preferred currency.


UNI_825b19b46d.svg

Buy Uniswap (UNI): Uniswap is a decentralized exchange (DEX) platform that has a  native [token](https://www.coinjar.com/learn/what-is-crypto) called UNI.

[Uniswap](https://uniswap.org/) is the [biggest decentralized exchange](https://www.coingecko.com/en/exchanges/decentralized). Users can buy and sell cryptocurrencies directly from their wallets without needing a middleman. 

On Uniswap, buying and selling happens automatically. Users provide funds to the platform to make trading possible, and the more funds provided, the better the prices for everyone.

Uniswap became really popular during the DeFi boom and, despite having many competitors now, it's still the top decentralized exchange with billions of dollars worth of cryptocurrency locked in its system (called Total Value Locked or TVL)

## What Is UNI?

Holders of UNI have voting rights and can participate in shaping the platform’s future. 

### 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.

## Conclusion: Buy Uniswap (UNI)

Uniswap's native token, UNI, offers holders a say in the platform's future but also provides opportunities to earn rewards. 

You can buy Uniswap (UNI) on CoinJar and then trade Uniswap on the platform. The price of Uniswap is subject to the dynamics of supply and demand, just like any other asset, and can be tracked in US dollars or any other preferred currency.


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 (UNI): Uniswap is a decentralised exchange (DEX) platform that has a  native [token](https://www.coinjar.com/au/learn/what-is-crypto) called UNI.

[Uniswap](https://uniswap.org/) is the [biggest decentralised exchange](https://www.coingecko.com/en/exchanges/decentralized). Users can buy and sell cryptocurrencies directly from their wallets without needing a middleman. 

On Uniswap, buying and selling happens automatically. Users provide funds to the platform to make trading possible, and the more funds provided, the better the prices for everyone.

Uniswap became really popular during the DeFi boom and, despite having many competitors now, it's still the top decentralised exchange with billions of dollars worth of cryptocurrency locked in its system (called Total Value Locked or TVL)

## What Is UNI?

Holders of UNI have voting rights and can participate in shaping the platform’s future. 

### 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.

## Conclusion: Buy Uniswap (UNI)

Uniswap's native token, UNI, offers holders a say in the platform's future but also provides opportunities to earn rewards. 

You can buy Uniswap (UNI) on CoinJar and then trade Uniswap on the platform. The price of Uniswap is subject to the dynamics of supply and demand, just like any other asset, and can be tracked in Australian dollars or any other preferred currency.


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. 


What is Pepe? How to buy $PEPE [memecoin](https://www.coinjar.com/global/learn/what-are-altcoins)? Pepe ($PEPE) is a memecoin intended for entertainment purposes only, and its tokens have no intrinsic value or utility. 

But that hasn’t stopped the crypto being widely known and traded just for fun. The creators even admit that the coin is just a fun exercise, saying on their [official website](https://www.pepe.vip/) (be careful of fakes), “$PEPE is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.”

## What is Pepe? What is the meaning of Pepe lore?

Launched in April 2023 by anonymous creators, Pepe has quickly become one of the top-traded cryptocurrencies without a presale, airdrop or a marketing muscle.

Pepe ($PEPE), a meme coin built on the Ethereum blockchain, gained significant popularity shortly after its public debut in April 2023. Within just three weeks, it achieved a milestone that took Dogecoin (DOGE) almost four years to reach: A market capitalisation surpassing $1 billion. Despite its extreme price volatility, $PEPE [boasts](https://www.techopedia.com/definition/pepe-coin-pepe) an impressive number of individual holders.

While the official PepeCoin website explicitly states that $PEPE lacks intrinsic value or any expectation of financial returns, more than a hundred thousand investors have acquired $PEPE.

In contrast to the DOGE and SHIB memecoins, which took almost four years and 10 months for its market capitalization to surpass $1 billion, Pepe reached the [same milestone](https://cointelegraph.com/news/pepe-memecoin-hits-1-billion-market-cap-fueled-by-binance-listing) within three weeks of its launch. The price of $PEPE has been highly volatile since then.

## Where did the Pepe meme come from

Pepe the Frog is a cartoon character crafted by artist Matt Furie for his comic book "[Boy’s Club](https://www.fantagraphics.com/products/boys-club)". $PEPE has no association with Matt Furie or his creation Pepe the Frog. The meme, once spawned, took on a life of its own. It has a bit of a political backstory, so you may want to [read up on it](https://www.techopedia.com/definition/pepe-coin-pepe) before you buy. 

## Pay with PEPE

Imagine going to a cafe and buying your mates coffee using Pepe! This is actually a good conversation starter and you can do it using [CoinJar Card](https://www.coinjar.com/global/card). Users can nominate Pepe as their spend account and use it for in-store and online purchases everywhere Mastercard is accepted. 

## Is Pepe a memecoin?

Yes. Pepecoin ($PEPE) is now one of the most well-known memecoins. It is a new player, having burst onto the scene in 2023, which is rather recently in the timeline of crypto. But it hasn’t stopped the cryptocurrency from being one of the most talked-about offerings.

## PepeCoin: The memecoin backstory

PepeCoin ($PEPE) was created as a homage to Pepe the Frog, a popular internet meme that originated in the early 2000s. Pepe the Frog is a cartoon character that has been used to express various emotions and opinions online, sometimes in controversial ways.

It is also connected to spliff culture. The circulating supply of $PEPE  is 420 million tokens, and this is a nod to cannabis culture’s “4/20.”

Pepe is a digital currency that is based on a humorous or viral phenomenon. Memecoins are often seen as fun and lighthearted, but they can also attract a lot of attention and investment from the cryptocurrency community. Some examples of other meme coins are [Dogecoin](https://www.coinjar.com/global/buy/dogecoin) and [Shiba Inu](https://www.coinjar.com/global/buy/shiba-inu).

## Pepe: Deflationary 

Pepe is different from most meme coins because it is deflationary, which means that its supply decreases over time. This is achieved by a mechanism that burns (destroys) a small percentage of $PEPE tokens every time a transaction is made. This creates scarcity and increases the value of the remaining tokens.

Pepe coin also has a [no-tax policy](https://www.techopedia.com/definition/pepe-coin-pepe), which means that it does not charge any fees or commissions to its users. This makes it more appealing and accessible to people who want to trade or hold $PEPE tokens. 

## How did the Pepe craze start?

It is thought that just one whale (a person or company who holds a huge amount of a particular crypto) started the Pepe buying spree. This whale bought 5.9 trillion $PEPE coins for $260, using 0.125 ETH. The price of Pepe rose, and now that investor’s initial $260 is worth US$7million. 

After this [news broke](https://beincrypto.com/trader-profits-7m-investment-in-pepe/), many other people wanted to buy $PEPE coins too, hoping to make a lot of money before the price went down.

But there is a catch. The person who has 5.9 trillion $PEPE coins might not be able to [sell them easily](https://decrypt.co/resources/what-is-pepecoin-pepe), because there are not enough buyers and sellers for $PEPE in the market.

## Pepe Community

Pepe has gained a lot of popularity and support from its fans, who call themselves Pepes. They use social media platforms like Twitter to promote and celebrate their meme coin, and to interact with other Pepes. They also hope that Pepe will become one of the top meme-based cryptocurrencies in the market.

## How to buy $PEPE 

Pepe ($PEPE) is a memecoin based on Ethereum that is intended for entertainment purposes only. It has no intrinsic value or utility, and its price is very volatile. If you still want to buy Pepe on CoinJar, you can follow these steps:

-Download the CoinJar app on iOS or Android.

-Create an account and verify your ID. 

-Deposit local currency/ funds into your account using bank transfer or card.

-Enter the amount of funds you want to trade for $PEPE and click “Buy”.

-You can now see your Pepe balance in your wallet.


You can also use [CoinJar Card](https://www.coinjar.com/global/card) to spend your Pepe online and in-store wherever Mastercard is accepted. 

## What is Pepe? Conclusion

Pepecoin is one of the many memecoins that have emerged in the crypto space, inspired by the popularity of Dogecoin and other meme-based cryptocurrencies. Pepe is based on the Ethereum blockchain. The name and logo of Pepe are derived from the Pepe the Frog meme, which was created by Matt Furie in 2005 and became a viral internet phenomenon. 

Pepe is jostling for attention alongside Shiba Inu and Dogecoin their loyal community of fans. Pepe aims to be a fun and accessible way for people to get involved in the crypto world.


Currency=PEPE.svg

What is Pepe? How to buy $PEPE [memecoin](https://www.coinjar.com/learn/what-are-altcoins)? Pepe ($PEPE) is a memecoin intended for entertainment purposes only, and its tokens have no intrinsic value or utility. 

But that hasn’t stopped the crypto being widely known and traded just for fun. The creators even admit that the coin is just a fun exercise, saying on their [official website](https://www.pepe.vip/) (be careful of fakes), “$PEPE is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.”

## What is Pepe? What is the meaning of Pepe lore?

Launched in April 2023 by anonymous creators, Pepe has quickly become one of the top-traded cryptocurrencies without a presale, airdrop or a marketing muscle.

Pepe ($PEPE), a meme coin built on the Ethereum blockchain, gained significant popularity shortly after its public debut in April 2023. Within just three weeks, it achieved a milestone that took Dogecoin (DOGE) almost four years to reach: A market capitalisation surpassing $1 billion. Despite its extreme price volatility, $PEPE [boasts](https://www.techopedia.com/definition/pepe-coin-pepe) an impressive number of individual holders.

While the official PepeCoin website explicitly states that $PEPE lacks intrinsic value or any expectation of financial returns, more than a hundred thousand investors have acquired $PEPE.

In contrast to the DOGE and SHIB memecoins, which took almost four years and 10 months for its market capitalization to surpass $1 billion, Pepe reached the [same milestone](https://cointelegraph.com/news/pepe-memecoin-hits-1-billion-market-cap-fueled-by-binance-listing) within three weeks of its launch. The price of $PEPE has been highly volatile since then.

## Where did the Pepe meme come from

Pepe the Frog is a cartoon character crafted by artist Matt Furie for his comic book "[Boy’s Club](https://www.fantagraphics.com/products/boys-club)". $PEPE has no association with Matt Furie or his creation Pepe the Frog. The meme, once spawned, took on a life of its own. It has a bit of a political backstory, so you may want to [read up on it](https://www.techopedia.com/definition/pepe-coin-pepe) before you buy. 

## Pay with Pepe

Imagine going to a cafe and buying your mates coffee using Pepe! This is actually a good conversation starter and you can do it using [CoinJar Card](https://www.coinjar.com/card). Users can nominate Pepe as their spend account and use it for in-store and online purchases everywhere Mastercard is accepted. 

## Is Pepe a memecoin?

Yes. Pepecoin ($PEPE) is now one of the most well-known memecoins. It is a new player, having burst onto the scene in 2023, which is rather recently in the timeline of crypto. But it hasn’t stopped the cryptocurrency from being one of the most talked-about offerings.

## PepeCoin: The memecoin backstory

PepeCoin ($PEPE) was created as a homage to Pepe the Frog, a popular internet meme that originated in the early 2000s. Pepe the Frog is a cartoon character that has been used to express various emotions and opinions online, sometimes in controversial ways.

It is also connected to spliff culture. The circulating supply of $PEPE  is 420 million tokens, and this is a nod to cannabis culture’s “4/20.”

Pepe is a digital currency that is based on a humorous or viral phenomenon. Memecoins are often seen as fun and lighthearted, but they can also attract a lot of attention and investment from the cryptocurrency community. Some examples of other meme coins are [Dogecoin](https://www.coinjar.com/buy/dogecoin) and [Shiba Inu](https://www.coinjar.com/buy/shiba-inu).

## Pepe: Deflationary 

Pepe is different from most meme coins because it is deflationary, which means that its supply decreases over time. This is achieved by a mechanism that burns (destroys) a small percentage of $PEPE tokens every time a transaction is made. This creates scarcity and increases the value of the remaining tokens.

Pepe coin also has a [no-tax policy](https://www.techopedia.com/definition/pepe-coin-pepe), which means that it does not charge any fees or commissions to its users. This makes it more appealing and accessible to people who want to trade or hold $PEPE tokens. 

## How did the Pepe craze start?

It is thought that just one whale (a person or company who holds a huge amount of a particular crypto) started the Pepe buying spree. This whale bought 5.9 trillion $PEPE coins for $260, using 0.125 ETH. The price of Pepe rose, and now that investor’s initial $260 is worth US$7million. 

After this [news broke](https://beincrypto.com/trader-profits-7m-investment-in-pepe/), many other people wanted to buy $PEPE coins too, hoping to make a lot of money before the price went down.

But there is a catch. The person who has 5.9 trillion $PEPE coins might not be able to [sell them easily](https://decrypt.co/resources/what-is-pepecoin-pepe), because there are not enough buyers and sellers for $PEPE in the market.

## Pepe Community

Pepe has gained a lot of popularity and support from its fans, who call themselves Pepes. They use social media platforms like Twitter to promote and celebrate their meme coin, and to interact with other Pepes. They also hope that Pepe will become one of the top meme-based cryptocurrencies in the market.

## How to buy $PEPE 

Pepe ($PEPE) is a memecoin based on Ethereum that is intended for entertainment purposes only. It has no intrinsic value or utility, and its price is very volatile. If you still want to buy Pepe on CoinJar, you can follow these steps:

-Download the CoinJar app on iOS or Android.

-Create an account and verify your ID. 

-Deposit local currency/ funds into your account using bank transfer or card.

-Enter the amount of funds you want to trade for $PEPE and click “Buy”.

-You can now see your Pepe balance in your wallet.

You can also use [CoinJar Card](https://www.coinjar.com/card) to spend your Pepe online and in-store wherever Mastercard is accepted. 

## What is Pepe? Conclusion

Pepecoin is one of the many memecoins that have emerged in the crypto space, inspired by the popularity of Dogecoin and other meme-based cryptocurrencies. Pepe is based on the Ethereum blockchain. The name and logo of Pepe are derived from the Pepe the Frog meme, which was created by Matt Furie in 2005 and became a viral internet phenomenon. 

Pepe is jostling for attention alongside Shiba Inu and Dogecoin their loyal community of fans. Pepe aims to be a fun and accessible way for people to get involved in the crypto world.


Pepe

What is Pepe? How to buy $PEPE memecoin? Let's go! Pepe ($PEPE) is a [memecoin](https://www.coinjar.com/uk/learn/what-are-altcoins) intended for entertainment purposes only, and its tokens have no intrinsic value or utility. 

But that hasn’t stopped the crypto being widely known and traded just for fun. The creators even admit that the coin is just a fun exercise, [saying](https://www.pepe.vip/) on their official website (be careful of fakes), “$PEPE is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.”

## What is Pepe? What is the meaning of Pepe lore?

Launched in April 2023 by anonymous creators, Pepe has quickly become one of the top-traded cryptocurrencies without a presale, airdrop or a marketing muscle.

Pepe ($PEPE), a meme coin built on the Ethereum blockchain, gained significant popularity shortly after its public debut in April 2023. Within just [three weeks](https://www.techopedia.com/definition/pepe-coin-pepe), it achieved a milestone that took Dogecoin (DOGE) almost four years to reach: A market capitalisation surpassing $1 billion. Despite its extreme price volatility, $PEPE boasts an impressive number of individual holders.

While the official PepeCoin website explicitly states that $PEPE lacks intrinsic value or any expectation of financial returns, more than a hundred thousand investors have acquired $PEPE.

In contrast to the DOGE and SHIB memecoins, which took almost four years and 10 months for its market capitalisation to [surpass](https://cointelegraph.com/news/pepe-memecoin-hits-1-billion-market-cap-fueled-by-binance-listing) $1 billion, Pepe reached the same milestone within three weeks of its launch. The price of $PEPE has been highly volatile since then. 

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.

## Where did the Pepe meme come from?

Pepe the Frog is a cartoon character crafted by artist Matt Furie for his comic book "[Boy’s Club](https://www.fantagraphics.com/products/boys-club)". $PEPE has no association with Matt Furie or his creation Pepe the Frog. The meme, once spawned, took on a life of its own. It has a bit of a political backstory, so you may want to [read up on it](https://www.techopedia.com/definition/pepe-coin-pepe) before you buy. 

## Pay with Pepe

Imagine going to a cafe and buying your mates coffee using Pepe! This is actually a good conversation starter and you can do it using CoinJar Card. Users can nominate Pepe as their spend account and use it for in-store and online purchases everywhere Mastercard is accepted. 

##Is Pepe a memecoin?

Yes. Pepecoin ($PEPE) is now one of the most well-known memecoins. It is a new player, having burst onto the scene in 2023, which is rather recently in the timeline of crypto. But it hasn’t stopped the cryptocurrency from being one of the most talked-about offerings.

## PepeCoin: The memecoin backstory

PepeCoin ($PEPE) was created as a homage to Pepe the Frog, a popular internet meme that originated in the early 2000s. Pepe the Frog is a cartoon character that has been used to express various emotions and opinions online, sometimes in controversial ways.

It is reportedly also connected to cannabis culture. The circulating supply of $PEPE  is 420 million tokens, and this is a nod to cannabis culture’s 4/20 (a general slang term for cannabis consumption).

Pepe is a digital currency that is based on a humorous or viral phenomenon. Memecoins are often seen as fun and lighthearted, but they can also attract a lot of attention and investment from the cryptocurrency community. Some examples of other meme coins are [Dogecoin](https://www.coinjar.com/uk/buy/dogecoin) and [Shiba Inu](https://www.coinjar.com/uk/buy/shiba-inu).

## Pepe: Deflationary 

Pepe is different from most meme coins because it is deflationary, which means that its supply decreases over time. This is achieved by a mechanism that burns (destroys) a small percentage of $PEPE tokens every time a transaction is made. 

This creates scarcity and it’s primary aim is to increase the value of the remaining tokens. 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.

## How did the Pepe craze start?

It is thought that just one whale (a person or company who holds a huge amount of a particular crypto) started the Pepe buying spree. One person bought 5.9 trillion $PEPE coins for $260, using 0.125 ETH. The price of Pepe rose, and now that investor’s initial US$260 is worth [US$7million](https://beincrypto.com/trader-profits-7m-investment-in-pepe/) at the time of writing, March 28, 2024. 

After this news broke, many other people wanted to buy $PEPE coins too, hoping to make a lot of money before the price went down.

But there is a catch. The person who has 5.9 trillion $PEPE coins might not be able to sell them easily, because there are not enough [buyers and sellers](https://decrypt.co/resources/what-is-pepecoin-pepe) for $PEPE in the market.

Crypto is not for everyone. Be sure to do your own research and buy according to what is right for you, and not what is right for other people. 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. 

## Pepe community

Pepe has gained a lot of popularity and support from its fans, who call themselves Pepes. The Pepe community  use social media platforms like Twitter to promote and celebrate their meme coin, and to interact with other Pepes. The Pepe community also hope that Pepe will become one of the top meme-based cryptocurrencies in the market.

How to buy $PEPE 

Pepe ($PEPE) is a memecoin based on Ethereum that is intended for entertainment purposes only. It has no intrinsic value or utility, and its price is very volatile. If you still want to buy Pepe on CoinJar, you can follow these 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 Pepe ($PEPE). 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 Pepe ($PEPE) investment.

## What is Pepe? Conclusion

Pepecoin is one of the many memecoins that have emerged in the crypto space, inspired by the popularity of Dogecoin and other meme-based cryptocurrencies. 

Pepe is based on the Ethereum blockchain. The name and logo of Pepe are derived from the Pepe the Frog meme, which was created by Matt Furie in 2005 and became a viral internet phenomenon. 

Pepe is jostling for attention alongside Shiba Inu and Dogecoin their loyal community of fans. Pepecoin aims to be a fun and accessible way for people to get involved in the crypto world.


What is Pepe? How to buy $PEPE [memecoin](https://www.coinjar.com/au/learn/what-are-altcoins)? Pepe ($PEPE) is a memecoin intended for entertainment purposes only, and its tokens have no intrinsic value or utility. 

But that hasn’t stopped the crypto being widely known and traded just for fun. The creators even admit that the coin is just a fun exercise, saying on their [official website](https://www.pepe.vip/) (be careful of fakes), “$PEPE is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.”

## What is Pepe? What is the meaning of Pepe lore?

Launched in April 2023 by anonymous creators, Pepe has quickly become one of the top-traded cryptocurrencies without a presale, airdrop or a marketing muscle.

Pepe ($PEPE), a meme coin built on the Ethereum blockchain, gained significant popularity shortly after its public debut in April 2023. Within just three weeks, it achieved a milestone that took Dogecoin (DOGE) almost four years to reach: A market capitalisation surpassing $1 billion. Despite its extreme price volatility, $PEPE [boasts](https://www.techopedia.com/definition/pepe-coin-pepe) an impressive number of individual holders.

While the official PepeCoin website explicitly states that $PEPE lacks intrinsic value or any expectation of financial returns, more than a hundred thousand investors have acquired $PEPE.

In contrast to the DOGE and SHIB memecoins, which took almost four years and 10 months for its market capitalisation to surpass $1 billion, Pepe reached the [same milestone](https://cointelegraph.com/news/pepe-memecoin-hits-1-billion-market-cap-fueled-by-binance-listing) within three weeks of its launch. The price of $PEPE has been highly volatile since then.

## Where did the Pepe meme come from

Pepe the Frog is a cartoon character crafted by artist Matt Furie for his comic book "[Boy’s Club](https://www.fantagraphics.com/products/boys-club)". $PEPE has no association with Matt Furie or his creation Pepe the Frog. The meme, once spawned, took on a life of its own. It has a bit of a political backstory, so you may want to [read up on it](https://www.techopedia.com/definition/pepe-coin-pepe) before you buy. 

## Pay with Pepe

Imagine going to a cafe and buying your mates coffee using Pepe! This is actually a good conversation starter and you can do it using [CoinJar Card](https://www.coinjar.com/au/card). Users can nominate Pepe as their spend account and use it for in-store and online purchases everywhere Mastercard is accepted. 

## Is Pepe a memecoin?

Yes. Pepecoin ($PEPE) is now one of the most well-known memecoins. It is a new player, having burst onto the scene in 2023, which is rather recently in the timeline of crypto. But it hasn’t stopped the cryptocurrency from being one of the most talked-about offerings.

## PepeCoin: The memecoin backstory

PepeCoin ($PEPE) was created as a homage to Pepe the Frog, a popular internet meme that originated in the early 2000s. Pepe the Frog is a cartoon character that has been used to express various emotions and opinions online, sometimes in controversial ways.

It is also connected to spliff culture. The circulating supply of $PEPE  is 420 million tokens, and this is a nod to cannabis culture’s “4/20.”

Pepe is a digital currency that is based on a humorous or viral phenomenon. Memecoins are often seen as fun and lighthearted, but they can also attract a lot of attention and investment from the cryptocurrency community. Some examples of other meme coins are [Dogecoin](https://www.coinjar.com/au/buy/dogecoin) and [Shiba Inu](https://www.coinjar.com/au/buy/shiba-inu).

## Pepe: Deflationary 

Pepe is different from most meme coins because it is deflationary, which means that its supply decreases over time. This is achieved by a mechanism that burns (destroys) a small percentage of $PEPE tokens every time a transaction is made. This creates scarcity and increases the value of the remaining tokens.

Pepe coin also has a [no-tax policy](https://www.techopedia.com/definition/pepe-coin-pepe), which means that it does not charge any fees or commissions to its users. This makes it more appealing and accessible to people who want to trade or hold $PEPE tokens. 

## How did the Pepe craze start?

It is thought that just one whale (a person or company who holds a huge amount of a particular crypto) started the Pepe buying spree. This whale bought 5.9 trillion $PEPE coins for $260, using 0.125 ETH. The price of Pepe rose, and now that investor’s initial $260 is worth US$7million. 

After this [news broke](https://beincrypto.com/trader-profits-7m-investment-in-pepe/), many other people wanted to buy $PEPE coins too, hoping to make a lot of money before the price went down.

But there is a catch. The person who has 5.9 trillion $PEPE coins might not be able to [sell them easily](https://decrypt.co/resources/what-is-pepecoin-pepe), because there are not enough buyers and sellers for $PEPE in the market.

## Pepe Community

Pepe has gained a lot of popularity and support from its fans, who call themselves Pepes. They use social media platforms like Twitter to promote and celebrate their meme coin, and to interact with other Pepes. They also hope that Pepe will become one of the top meme-based cryptocurrencies in the market.

## How to buy $PEPE 

Pepe ($PEPE) is a memecoin based on Ethereum that is intended for entertainment purposes only. It has no intrinsic value or utility, and its price is very volatile. If you still want to buy Pepe on CoinJar, you can follow these steps:

-Download the CoinJar app on iOS or Android.

-Create an account and verify your ID. 

-Deposit local currency/ funds into your account using bank transfer or card.

-Enter the amount of funds you want to trade for $PEPE and click “Buy”.

-You can now see your Pepe balance in your wallet.


You can also use [CoinJar Card](https://www.coinjar.com/au/card) to spend your Pepe online and in-store wherever Mastercard is accepted. 

## What is Pepe? Conclusion

Pepecoin is one of the many memecoins that have emerged in the crypto space, inspired by the popularity of Dogecoin and other meme-based cryptocurrencies. Pepe is based on the Ethereum blockchain. The name and logo of Pepe are derived from the Pepe the Frog meme, which was created by Matt Furie in 2005 and became a viral internet phenomenon. 

Pepe is jostling for attention alongside Shiba Inu and Dogecoin their loyal community of fans. Pepe aims to be a fun and accessible way for people to get involved in the crypto world.


What Is Ethereum Classic (ETC)? It is a smart contract network, where developers build and run apps (called dApps, which are apps built on the [blockchain](https://www.coinjar.com/global/learn/what-is-blockchain) rather than on the internet). The native token of this network is ETC.

Let’s break it down.

## Understanding Ethereum Classic (ETC)

### The origins: Ethereum Classic’s birth

Ethereum Classic was born in 2016 as a result of a significant event in the crypto world. To understand it, we need to rewind a bit.

### The DAO hack

Imagine a digital organisation called The DAO (Decentralised Autonomous Organisation). 

It was like a venture capital fund run by code on the Ethereum blockchain. People invested their money in The DAO, hoping for great returns. But then, disaster struck! A hacker [exploited a flaw](https://www.coindesk.com/consensus-magazine/2023/05/09/coindesk-turns-10-how-the-dao-hack-changed-ethereum-and-crypto/) in The DAO’s smart contract and drained a massive amount of Ether (ETH).

### The great divide
The Ethereum community faced a dilemma. Should they reverse the hack and return the stolen funds (like hitting the “undo” button)? Or should they stick to the principle that “Code is Law,” meaning that once a smart contract executes, its outcome is final?

### The split

The community split into two camps: Majority Opinion and the Rebels. 

**Majority Opinion**

Most people chose to reverse the hack, creating a new version of Ethereum (which we now know as Ethereum or ETH).

**The Rebels**

A smaller group believed in the original Ethereum vision. They stood by the unaltered history and the Proof-of-Work (PoW) consensus mechanism. This group became Ethereum Classic (ETC).

## What makes Ethereum Classic unique?

### Code Is Law

ETC sticks to the idea that smart contracts are like legal contracts. Once they execute, there’s no turning back. If you invest in a flawed project, you bear the consequences.

### Decentralized governance

ETC’s smart contracts operate without intermediaries. No lawyers, no judges — just code. If conditions are met, the contract self-executes. If not, penalties apply.

### Blockchain twins

Think of Ethereum as the older twin and Ethereum Classic as the younger one. They share DNA (the same codebase) but have different personalities. ETC retains the original [Ethereum](https://www.coinjar.com/global/learn/what-is-ethereum) blockchain, while ETH has moved to Proof-of-Stake (PoS).

## Smart contracts

What Are Smart Contracts? Imagine if contracts could execute themselves. They automatically enforce agreements when specific conditions are met. 

Here are some everyday examples. Take real estate for example. 

If the buyer pays the deposit by a certain date, the contract proceeds.

No lawyers are needed, the code does the job.

Smart contracts live on a distributed ledger (a fancy term for a shared database). No central authority controls them. They’re tamper-proof and transparent.

## Conclusion: Ethereum Classic

Ethereum Classic is like the rebel sibling. It clings to the original Ethereum principles, even when the majority went a different way. 
So, next time you hear about ETC, remember, it’s the blockchain that believes in “Code is Law.” 

## How to Buy Ethereum Classic

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

Create an Account: Sign up and verify your ID. 

Make a Purchase: CoinJar allows you to buy Ethereum Classic instantly using Visa or Mastercard. You can also get cash in your account with bank transfer, PayID, or Osko. You can also buy crypto with other crypto on CoinJar. 



Currency=ETC.svg

What Is Ethereum Classic (ETC)? It is a smart contract network, where developers build and run apps (called dApps, which are apps built on the [blockchain](https://www.coinjar.com/learn/what-is-blockchain) rather than on the internet). The native token of this network is ETC.

Let’s break it down.

## Understanding Ethereum Classic (ETC)

### The origins: Ethereum Classic’s birth

Ethereum Classic was born in 2016 as a result of a significant event in the crypto world. To understand it, we need to rewind a bit.

### The DAO hack

Imagine a digital organisation called The DAO (Decentralised Autonomous Organisation). 

It was like a venture capital fund run by code on the Ethereum blockchain. People invested their money in The DAO, hoping for great returns. But then, disaster struck! A hacker [exploited a flaw](https://www.coindesk.com/consensus-magazine/2023/05/09/coindesk-turns-10-how-the-dao-hack-changed-ethereum-and-crypto/) in The DAO’s smart contract and drained a massive amount of Ether (ETH).

### The great divide
The Ethereum community faced a dilemma. Should they reverse the hack and return the stolen funds (like hitting the “undo” button)? Or should they stick to the principle that “Code is Law,” meaning that once a smart contract executes, its outcome is final?

### The split

The community split into two camps: Majority Opinion and the Rebels. 

**Majority Opinion**

Most people chose to reverse the hack, creating a new version of Ethereum (which we now know as Ethereum or ETH).

**The Rebels**

A smaller group believed in the original Ethereum vision. They stood by the unaltered history and the Proof-of-Work (PoW) consensus mechanism. This group became Ethereum Classic (ETC).

## What makes Ethereum Classic unique?

### Code Is Law

ETC sticks to the idea that smart contracts are like legal contracts. Once they execute, there’s no turning back. If you invest in a flawed project, you bear the consequences.

### Decentralized governance

ETC’s smart contracts operate without intermediaries. No lawyers, no judges — just code. If conditions are met, the contract self-executes. If not, penalties apply.

### Blockchain twins

Think of Ethereum as the older twin and Ethereum Classic as the younger one. They share DNA (the same codebase) but have different personalities. ETC retains the original [Ethereum](https://www.coinjar.com/learn/what-is-ethereum) blockchain, while ETH has moved to Proof-of-Stake (PoS).

## Smart contracts

What Are Smart Contracts? Imagine if contracts could execute themselves. They automatically enforce agreements when specific conditions are met. 

Here are some everyday examples. Take real estate for example. 

If the buyer pays the deposit by a certain date, the contract proceeds.

No lawyers are needed, the code does the job.

Smart contracts live on a distributed ledger (a fancy term for a shared database). No central authority controls them. They’re tamper-proof and transparent.

## Conclusion: Ethereum Classic

Ethereum Classic is like the rebel sibling. It clings to the original Ethereum principles, even when the majority went a different way. 
So, next time you hear about ETC, remember, it’s the blockchain that believes in “Code is Law.” 

## How to Buy Ethereum Classic

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

Create an Account: Sign up and verify your ID. 

Make a Purchase: CoinJar allows you to buy Ethereum Classic instantly using Visa or Mastercard. You can also get cash in your account with bank transfer, PayID, or Osko. You can also buy crypto with other crypto on CoinJar. 



Ethereum Classic

How to buy Ethereum Classic (ETC). What is ETC? It is a smart contract network, where developers build and run apps (called dApps, which are apps built on the blockchain rather than on the internet). The native token of this network is ETC.
Let’s break it down.

## Understanding Ethereum Classic (ETC)

### The origins: Ethereum Classic’s birth

Ethereum Classic was born in 2016 as a result of a significant event in the crypto world. To understand it, we need to rewind a bit.

### The DAO hack

Imagine a digital organisation called The DAO (Decentralised Autonomous Organisation). 

It was like a venture capital fund run by code on the Ethereum blockchain. People invested their money in The DAO, hoping for positive investment returns. But then, disaster struck! A hacker exploited a flaw in The DAO’s smart contract and drained a massive amount of Ether (ETH).

### The great divide

The Ethereum community faced a dilemma. Should they reverse the hack and return the stolen funds (like hitting the “undo” button)? Or should they stick to the principle that “Code is Law,” meaning that once a smart contract executes, its outcome is final?

### The split

The community split into two camps: Majority Opinion and the Rebels. 

### Majority opinion

Most people chose to reverse the hack, creating a new version of Ethereum (which we now know as Ethereum or ETH).

### The rebels

A smaller group believed in the original Ethereum vision. They stood by the unaltered history and the Proof-of-Work (PoW) consensus mechanism. This group became Ethereum Classic (ETC).

## What makes Ethereum Classic unique?

### Code Is Law

ETC sticks to the idea that smart contracts are like legal contracts. Once they execute, there’s no turning back. If you invest in a flawed project, you bear the consequences.

### Decentralised governance

ETC’s smart contracts operate without intermediaries. No lawyers, no judges — just code. If conditions are met, the contract self-executes. If not, penalties apply.

### Blockchain twins

Think of Ethereum as the older twin and Ethereum Classic as the younger one. They share DNA (the same codebase) but have different personalities. ETC retains the original Ethereum blockchain, while ETH has moved to Proof-of-Stake (PoS).

## Smart contracts

What Are Smart Contracts? Imagine if contracts could execute themselves. They automatically enforce agreements when specific conditions are met. 

Here are some everyday examples. Take real estate for example. 

If the buyer pays the deposit by a certain date, the contract proceeds.
No lawyers are needed, the code does the job.

Smart contracts live on a distributed ledger (a fancy term for a shared database). No central authority controls them. They’re immutable and transparent.

## Conclusion: Ethereum Classic

Ethereum Classic is like the rebel sibling. It clings to the original Ethereum principles, even when the majority went a different way. 

So, next time you hear about ETC, remember, it’s the blockchain that believes in “Code is Law.” 


What Is Ethereum Classic (ETC)? It is a smart contract network, where developers build and run apps (called dApps, which are apps built on the [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain) rather than on the internet). The native token of this network is ETC.

Let’s break it down.

## Understanding Ethereum Classic (ETC)

### The origins: Ethereum Classic’s birth

Ethereum Classic was born in 2016 as a result of a significant event in the crypto world. To understand it, we need to rewind a bit.

### The DAO hack

Imagine a digital organisation called The DAO (Decentralised Autonomous Organisation). 

It was like a venture capital fund run by code on the Ethereum blockchain. People invested their money in The DAO, hoping for great returns. But then, disaster struck! A hacker [exploited a flaw](https://www.coindesk.com/consensus-magazine/2023/05/09/coindesk-turns-10-how-the-dao-hack-changed-ethereum-and-crypto/) in The DAO’s smart contract and drained a massive amount of Ether (ETH).

### The great divide
The Ethereum community faced a dilemma. Should they reverse the hack and return the stolen funds (like hitting the “undo” button)? Or should they stick to the principle that “Code is Law,” meaning that once a smart contract executes, its outcome is final?

### The split

The community split into two camps: Majority Opinion and the Rebels. 

**Majority Opinion**

Most people chose to reverse the hack, creating a new version of Ethereum (which we now know as Ethereum or ETH).

**The Rebels**

A smaller group believed in the original Ethereum vision. They stood by the unaltered history and the Proof-of-Work (PoW) consensus mechanism. This group became Ethereum Classic (ETC).

## What makes Ethereum Classic unique?

### Code Is Law

ETC sticks to the idea that smart contracts are like legal contracts. Once they execute, there’s no turning back. If you invest in a flawed project, you bear the consequences.

### Decentralised governance

ETC’s smart contracts operate without intermediaries. No lawyers, no judges — just code. If conditions are met, the contract self-executes. If not, penalties apply.

### Blockchain twins

Think of Ethereum as the older twin and Ethereum Classic as the younger one. They share DNA (the same codebase) but have different personalities. ETC retains the original [Ethereum](https://www.coinjar.com/au/learn/what-is-ethereum) blockchain, while ETH has moved to Proof-of-Stake (PoS).

## Smart contracts

What Are Smart Contracts? Imagine if contracts could execute themselves. They automatically enforce agreements when specific conditions are met. 

Here are some everyday examples. Take real estate for example. 

If the buyer pays the deposit by a certain date, the contract proceeds.

No lawyers are needed, the code does the job.

Smart contracts live on a distributed ledger (a fancy term for a shared database). No central authority controls them. They’re tamper-proof and transparent.

## Conclusion: Ethereum Classic

Ethereum Classic is like the rebel sibling. It clings to the original Ethereum principles, even when the majority went a different way. 
So, next time you hear about ETC, remember, it’s the blockchain that believes in “Code is Law.” 

## How to Buy Ethereum Classic

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

Create an Account: Sign up and verify your ID. 

Make a Purchase: CoinJar allows you to buy Ethereum Classic instantly using Visa or Mastercard. You can also get cash in your account with bank transfer, PayID, or Osko. You can also buy crypto with other crypto on CoinJar. 



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

Why do investors buy Stellar (XLM)? How to buy Stellar Lumens? Stellar (XLM) is a decentralised [digital currency](https://www.coinjar.com/au/learn/what-is-crypto) network that aims to improve 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 efficient and minimal-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](https://beincrypto.com/stellar-the-one-global-currency-xlm-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. 

## Why was it invented?

It was designed to address several key challenges:

### Uncompetitive 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. 

### 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 smoother, minimal-cost international money transfers. Whether you’re sending money to family abroad or conducting business transactions, it aims to make the end to end process less complex.

### 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 efficient and protected infrastructure.

## Storage of Stellar (XLM)

After buying XLM on CoinJar, consider these storage options:

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 keeps 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 maintains full currency reserves at all times.

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

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. 


Buy Sui: Why do people buy the SUI token? What is the SUI [blockchain](https://www.coinjar.com/global/learn/what-is-blockchain)? How does this technology work? Let’s dig in.

Cryptocurrency, or digital money, isn't just about Bitcoin anymore. That's the idea behind the [Sui blockchain](https://sui.io/), a cutting-edge platform designed for the next generation of cryptocurrency and applications.

## What is SUI all about?

The Sui blockchain is like a super-fast, super-efficient highway for digital information and value. Here’s what they aim for.

### Speed

Sui can handle tons of transactions really quickly, making it perfect for busy applications like games and financial tools.

### Security

It uses advanced cryptography to keep your digital assets safe and sound.

### Flexibility

Developers can create all sorts of cool things on Sui, from unique digital collectibles (NFTs) to entirely new ways of managing money.

## Cool stuff on Sui

### Cosmocadia

This is a strategy game where players explore, colonise, and build empires. [Cosmocadians](https://www.cosmocadia.io/) gather resources and build the ultimate utopia. Players can catch the critters roaming the island and build them a home to help them on their quest.

(CoinJar accepts no responsibility for the content on third-party websites.)

### Project Eluüne

This is a [fantasy-themed open world](https://www.playstargarden.com/) MMORPG with a focus on exploration, crafting, and social interaction.

There are also DeFi dApps, and NFT marketplaces like [Clutchy](https://clutchy.io/marketplace), an NFT marketplace for sports collectibles.

And there’s even a SocialFi dApp, called Suia. This is a decentralised social media platform that allows users to earn rewards for their content.

## Why are people buying Sui's token?

The Sui blockchain has its own digital money called the SUI token. People buy SUI for a few reasons:

### Investing

They think the value of SUI will go up as the Sui blockchain becomes more popular. It's like buying stock in a promising company.

### Using apps

Some apps on the Sui blockchain require SUI to work. It's like needing tokens to play games at an arcade.

### Supporting the network

Owning SUI lets you participate in decisions about the future of the blockchain.

## How does Sui work?

The Sui blockchain is built on some clever technology:

### Objects

Everything on Sui, from money to game items, is represented as a digital object with unique properties.

### Smart contracts

These are like self-executing agreements that make transactions automatic and trustworthy.

### Move programming language

Sui has its own special language called Move, designed to make building secure applications easier.

## Buy SUI

The Sui blockchain is still pretty new, but it's attracting a lot of attention. If you're interested in the future of crypto, it's worth learning more about. Just remember, investing in crypto is risky, so do your research and never invest more than you can afford to lose.

## The future of Sui

With its focus on speed, security, and flexibility, the Sui blockchain aims to play a big role in shaping the future of crypto. 

## How to buy SUI on CoinJar

Buying SUI on CoinJar is a straightforward process, even if you're new to crypto.

If you don't have one already, sign up on the CoinJar website or download their app. You'll need to provide some personal information and complete identity verification as required by Australian regulations.

Once your account is verified, deposit funds into your CoinJar via bank transfer or credit / debit card etc.

Navigate to Sui (SUI). Enter the amount of funds you want to spend or the amount of SUI you want to buy. CoinJar will display the current exchange rate and any applicable fees. Review the details and confirm your purchase.

The purchased SUI will be credited to your CoinJar wallet almost instantly. You can now hold it as an investment, use it for apps on the Sui network, or even send it to other wallets.


Currency=SUI.png

Buy Sui: Why do people buy the SUI token? What is the SUI [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain)? How does this technology work? Let’s dig in.

Cryptocurrency, or digital money, isn't just about Bitcoin anymore. That's the idea behind the [Sui blockchain](https://sui.io/), a platform designed for the next generation of cryptocurrency and applications.

## What is SUI all about?

The Sui blockchain is like a highway for digital information and value. Here’s what they aim for.

### Speed

Sui can handle tons of transactions really quickly, making it perfect for busy applications like games and financial tools.

### Protection

It uses advanced cryptography to keep your digital assets protected.

### Flexibility

Developers can create all sorts of cool things on Sui, from unique digital collectibles (NFTs) to entirely new ways of managing money.

## Cool stuff on Sui

### Cosmocadia

[Cosmocadia](https://www.cosmocadia.io/) is a strategy game where players explore, colonise, and build empires. Cosmocadians gather resources and build the ultimate utopia. Players can catch the critters roaming the island and build them a home to help them on their quest.

### Project Eluüne

[Project Eluüne](https://www.playstargarden.com/) is a fantasy-themed open world MMORPG with a focus on exploration, crafting, and social interaction.

There are also DeFi dApps, and NFT marketplaces like [Clutchy](https://clutchy.io/marketplace), an NFT marketplace for sports collectibles.

And there’s even a SocialFi dApp, called Suia. This is a decentralised social media platform that allows users to earn rewards for their content.

## Why are people buying Sui's token?

The Sui blockchain has its own digital money called the SUI token. People buy SUI for a few reasons.

### Investing

They think the value of SUI will go up as the Sui blockchain becomes more popular. It's like buying stock in a promising company.

### Using apps

Some apps on the Sui blockchain require SUI to work. It's like needing tokens to play games at an arcade.

### Supporting the network

Owning SUI lets you participate in decisions about the future of the blockchain.

## How does Sui work?

The Sui blockchain is built on some clever technology.

### Objects

Everything on Sui, from money to game items, is represented as a digital object with unique properties.

### Smart contracts

These are like self-executing agreements that make transactions automatic and trustworthy.

### Move programming language

Sui has its own special language called Move, designed to smoothen the process involved in  building protective applications.

## Why investors buy SUI

The Sui blockchain is still pretty new, but it's attracting a lot of attention. If you're interested in the future of crypto, it's worth learning more about. Just remember, investing in crypto is risky, so do your research and never invest more than you can afford to lose.

## The future of Sui

With its focus on speed, protection, and flexibility, the Sui blockchain aims to impact how crypto is used. 

## How to buy SUI on CoinJar

If you don't have one already, sign up on the CoinJar website or download their app. You'll need to provide some personal information and complete identity verification as required by UK regulations. UK residents are required (in accordance with local legislation) to complete an assessment and to wait 24-hours (see below).

Once your account is verified, deposit British pounds (GBP) into your CoinJar. You can do this via bank transfer or even using a debit/credit card.

Navigate to Sui (SUI). Enter the amount of GBP you want to spend or the amount of SUI you want to buy. CoinJar will display the current exchange rate and any applicable fees. Review the details and confirm your purchase.

The purchased SUI will be credited to your CoinJar wallet almost instantly. You can now hold it as an investment, use it for apps on the Sui network, or even send it to other wallets.


Buy Sui: Why do people buy the SUI token? What is the SUI [blockchain](https://www.coinjar.com/learn/what-is-blockchain)? How does this technology work? Let’s dig in.

Cryptocurrency, or digital money, isn't just about Bitcoin anymore. That's the idea behind the [Sui blockchain](https://sui.io/), a cutting-edge platform designed for the next generation of cryptocurrency and applications.

## What is SUI all about?

The Sui blockchain is like a super-fast, super-efficient highway for digital information and value. Here’s what they aim for.

### Speed

Sui can handle tons of transactions really quickly, making it perfect for busy applications like games and financial tools.

### Security

It uses advanced cryptography to keep your digital assets safe and sound.

### Flexibility

Developers can create all sorts of cool things on Sui, from unique digital collectibles (NFTs) to entirely new ways of managing money.

## Cool stuff on Sui

### Cosmocadia

This is a strategy game where players explore, colonise, and build empires. [Cosmocadians](https://www.cosmocadia.io/) gather resources and build the ultimate utopia. Players can catch the critters roaming the island and build them a home to help them on their quest.

(CoinJar accepts no responsibility for the content on third-party websites.)

### Project Eluüne

This is a [fantasy-themed open world](https://www.playstargarden.com/) MMORPG with a focus on exploration, crafting, and social interaction.

There are also DeFi dApps, and NFT marketplaces like [Clutchy](https://clutchy.io/marketplace), an NFT marketplace for sports collectibles.

And there’s even a SocialFi dApp, called Suia. This is a decentralised social media platform that allows users to earn rewards for their content.

## Why are people buying Sui's token?

The Sui blockchain has its own digital money called the SUI token. People buy SUI for a few reasons:

### Investing

They think the value of SUI will go up as the Sui blockchain becomes more popular. It's like buying stock in a promising company.

### Using apps

Some apps on the Sui blockchain require SUI to work. It's like needing tokens to play games at an arcade.

### Supporting the network

Owning SUI lets you participate in decisions about the future of the blockchain.

## How does Sui work?

The Sui blockchain is built on some clever technology:

### Objects

Everything on Sui, from money to game items, is represented as a digital object with unique properties.

### Smart contracts

These are like self-executing agreements that make transactions automatic and trustworthy.

### Move programming language

Sui has its own special language called Move, designed to make building secure applications easier.

## Buy SUI

The Sui blockchain is still pretty new, but it's attracting a lot of attention. If you're interested in the future of crypto, it's worth learning more about. Just remember, investing in crypto is risky, so do your research and never invest more than you can afford to lose.

## The future of Sui

With its focus on speed, security, and flexibility, the Sui blockchain aims to play a big role in shaping the future of crypto. 

## How to buy SUI on CoinJar

Buying SUI on CoinJar is a straightforward process, even if you're new to crypto.

If you don't have one already, sign up on the CoinJar website or download their app. You'll need to provide some personal information and complete identity verification as required by Australian regulations.

Once your account is verified, deposit funds into your CoinJar via bank transfer or credit / debit card etc.

Navigate to Sui (SUI). Enter the amount of funds you want to spend or the amount of SUI you want to buy. CoinJar will display the current exchange rate and any applicable fees. Review the details and confirm your purchase.

The purchased SUI will be credited to your CoinJar wallet almost instantly. You can now hold it as an investment, use it for apps on the Sui network, or even send it to other wallets.


Buy Sui: Why do people buy the SUI token? What is the SUI [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain)? How does this technology work? Let’s dig in.

Cryptocurrency, or digital money, isn't just about Bitcoin anymore. That's the idea behind the [Sui blockchain](https://sui.io/), a cutting-edge platform designed for the next generation of cryptocurrency and applications.

## What is SUI all about?

The Sui blockchain is like a super-fast, super-efficient highway for digital information and value. Here’s what they aim for.

### Speed

Sui can handle tons of transactions really quickly, making it perfect for busy applications like games and financial tools.

### Security

It uses advanced cryptography to keep your digital assets safe and sound.

### Flexibility

Developers can create all sorts of cool things on Sui, from unique digital collectibles (NFTs) to entirely new ways of managing money.

## Cool stuff on Sui

### Cosmocadia

This is a strategy game where players explore, colonise, and build empires. [Cosmocadians](https://www.cosmocadia.io/) gather resources and build the ultimate utopia. Players can catch the critters roaming the island and build them a home to help them on their quest.

(CoinJar accepts no responsibility for the content on third-party websites.)

### Project Eluüne

This is a [fantasy-themed open world](https://www.playstargarden.com/) MMORPG with a focus on exploration, crafting, and social interaction.

There are also DeFi dApps, and NFT marketplaces like [Clutchy](https://clutchy.io/marketplace), an NFT marketplace for sports collectibles.

And there’s even a SocialFi dApp, called Suia. This is a decentralised social media platform that allows users to earn rewards for their content.

## Why are people buying Sui's token?

The Sui blockchain has its own digital money called the SUI token. People buy SUI for a few reasons:

### Investing

They think the value of SUI will go up as the Sui blockchain becomes more popular. It's like buying stock in a promising company.

### Using apps

Some apps on the Sui blockchain require SUI to work. It's like needing tokens to play games at an arcade.

### Supporting the network

Owning SUI lets you participate in decisions about the future of the blockchain.

## How does Sui work?

The Sui blockchain is built on some clever technology:

### Objects

Everything on Sui, from money to game items, is represented as a digital object with unique properties.

### Smart contracts

These are like self-executing agreements that make transactions automatic and trustworthy.

### Move programming language

Sui has its own special language called Move, designed to make building secure applications easier.

## Buy SUI

The Sui blockchain is still pretty new, but it's attracting a lot of attention. If you're interested in the future of crypto, it's worth learning more about. Just remember, investing in crypto is risky, so do your research and never invest more than you can afford to lose.

## The future of Sui

With its focus on speed, security, and flexibility, the Sui blockchain aims to play a big role in shaping the future of crypto. 

## How to buy SUI on CoinJar

Buying SUI on CoinJar is a straightforward process, even if you're new to crypto.

If you don't have one already, sign up on the CoinJar website or download their app. You'll need to provide some personal information and complete identity verification as required by Australian regulations.

Once your account is verified, deposit Australian dollars (AUD) into your CoinJar. You can do this via bank transfer, PayID, Osko, or even using a debit/credit card.

Navigate to Sui (SUI). Enter the amount of AUD you want to spend or the amount of SUI you want to buy. CoinJar will display the current exchange rate and any applicable fees. Review the details and confirm your purchase.

The purchased SUI will be credited to your CoinJar wallet almost instantly. You can now hold it as an investment, use it for apps on the Sui network, or even send it to other wallets.


Formerly MATIC, POL is the native [cryptocurrency](https://www.coinjar.com/global/learn/what-is-crypto) of the Polygon ecosystem. 

## What is Polygon (POL)?

So what is [POL](https://polygon.technology/blog/polygon-2-0-implementation-officially-begins-the-first-set-of-pips-polygon-improvement-proposals-released) and what is it used for?

## How does Polygon and POL 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.

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 POL? Is it a cryptocurrency?

POL is Polygon’s own cryptocurrency. When you use Polygon, you pay with POL.
Holders of POL can 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 POL tokens.

POL holders also get to vote on changes to Polygon. 

Polygon (POL) 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.

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 POL in the Polygon Ecosystem

There are a lot of ways to use POL in the Polygon ecosystem. First, users have to connect to the POL 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 POL to pay for transaction fees (gas) within the Polygon ecosystem.

## Is Polygon (POL) a good investment?

Polygon is a growing ecosystem of dApps, NFT projects, and DeFi platforms. Many projects are integrating with Polygon to leverage its benefits. In this way, POL is expected to grow in usage, but always do your own research to ascertain if POL is right for you.


Currency=MATIC.svg

Formerly MATIC, POL is the native [cryptocurrency](https://www.coinjar.com/learn/what-is-crypto) of the Polygon ecosystem. 

## What is Polygon (POL)?

So what is [POL](https://polygon.technology/blog/polygon-2-0-implementation-officially-begins-the-first-set-of-pips-polygon-improvement-proposals-released) and what is it used for?

## How does Polygon and POL 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.

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 POL? Is it a cryptocurrency?

POL is Polygon’s own cryptocurrency. When you use Polygon, you pay with POL.
Holders of POL can 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 POL tokens.

POL holders also get to vote on changes to Polygon. 

Polygon (POL) 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.

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 POL in the Polygon Ecosystem

There are a lot of ways to use POL in the Polygon ecosystem. First, users have to connect to the POL 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 POL to pay for transaction fees (gas) within the Polygon ecosystem.

## Is Polygon (POL) a good investment?

Polygon is a growing ecosystem of dApps, NFT projects, and DeFi platforms. Many projects are integrating with Polygon to leverage its benefits. In this way, POL is expected to grow in usage, but always do your own research to ascertain if POL is right for you.


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.


Formerly MATIC, POL is the native [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) of the Polygon ecosystem. 

## What is Polygon (POL)?

So what is [POL](https://polygon.technology/blog/polygon-2-0-implementation-officially-begins-the-first-set-of-pips-polygon-improvement-proposals-released) and what is it used for?

## How does Polygon and POL 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.

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 POL? Is it a cryptocurrency?

POL is Polygon’s own cryptocurrency. When you use Polygon, you pay with POL.
Holders of POL can 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 POL tokens.

POL holders also get to vote on changes to Polygon. 

Polygon (POL) 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.

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 POL in the Polygon Ecosystem

There are a lot of ways to use POL in the Polygon ecosystem. First, users have to connect to the POL 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 POL to pay for transaction fees (gas) within the Polygon ecosystem.

## Is Polygon (POL) a good investment?

Polygon is a growing ecosystem of dApps, NFT projects, and DeFi platforms. Many projects are integrating with Polygon to leverage its benefits. In this way, POL is expected to grow in usage, but always do your own research to ascertain if POL is right for you.


Buy Immutable X (IMX): As more people use decentralized applications (dApps) and non-fungible tokens ([NFTs](https://www.coinjar.com/global/learn/what-are-nfts)), the Ethereum network faces congestion and high gas fees. 

Enter [Immutable X](https://www.immutable.com/), a layer-2 solution designed to address these pain points. 

Immutable X (IMX) has its own [token](https://www.coinjar.com/global/learn/what-is-crypto) called IMX. It can be used to pay fees on the Immutable X platform. It can also be used for staking, and gives holders voting rights to how the network is run.

One of the features of Immutable X is its zero gas fees. Unlike Ethereum’s mainnet, where transaction costs can sometimes be prohibitively high, Immutable X allows users to mint, transfer, and trade NFTs without paying any gas fees. 

## Web3 gaming and beyond

Imagine a web3 game where players can buy, sell, and trade virtual assets instantly, all while enjoying gas-free interactions.

[The Gods Unchained trading card game](https://godsunchained.com/) is a prime example of Immutable X in action. Players can collect rare cards, trade them seamlessly, and participate in tournaments — all without worrying about gas fees.

## Buy IMX: Conclusion

Immutable X represents a significant leap forward for NFTs and web3 gaming with scalability, security, and user-friendly experiences.



Currency=IMX.svg

Buy Immutable X (IMX): As more people use decentralized applications (dApps) and non-fungible tokens ([NFTs](https://www.coinjar.com/learn/what-are-nfts)), the Ethereum network faces congestion and high gas fees. 

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Immutable X (IMX) has its own [token](https://www.coinjar.com/learn/what-is-crypto) called IMX. It can be used to pay fees on the Immutable X platform. It can also be used for staking, and gives holders voting rights to how the network is run.

One of the features of Immutable X is its zero gas fees. Unlike Ethereum’s mainnet, where transaction costs can sometimes be prohibitively high, Immutable X allows users to mint, transfer, and trade NFTs without paying any gas fees. 

## Web3 gaming and beyond

Imagine a web3 game where players can buy, sell, and trade virtual assets instantly, all while enjoying gas-free interactions.

[The Gods Unchained trading card game](https://godsunchained.com/) is a prime example of Immutable X in action. Players can collect rare cards, trade them seamlessly, and participate in tournaments — all without worrying about gas fees.

## Buy IMX: Conclusion

Immutable X represents a significant leap forward for NFTs and web3 gaming with scalability, security, and user-friendly experiences.



Immutable X

What Is Immutable X (IMX)? Here is a deep dive into Ethereum’s Layer-2 scaling solution
As more users flock to decentralised applications (dApps) and non-fungible tokens ([NFTs](https://www.coinjar.com/uk/learn/what-are-nfts)), the Ethereum network faces congestion and uncompetitive gas fees. 

Enter Immutable X, a groundbreaking layer-2 solution designed to address these pain points. 

Immutable X (IMX) has its own special [token](https://www.coinjar.com/uk/learn/what-is-crypto) called IMX. It can be used to pay fees on the Immutable X platform. It can also be used for staking, and gives holders voting rights to how the network is run.

In this article, we’ll explore what Immutable X is, how it works, and its impact on the NFT ecosystem.

## What Is Immutable X?

[Immutable X](https://www.immutable.com/) is a Layer 2 scaling solution specifically tailored for NFTs on the Ethereum blockchain. Founded in 2018 by James and Robbie Ferguson, and Alex Connolly, Immutable X aims to revolutionise NFT trading by combining scalability, asset protection, and user experience.

## Zero gas fees and carbon neutrality

One of the standout features of Immutable X is its zero gas fees. Unlike Ethereum’s mainnet, where transaction costs can be prohibitively uncompetitive, Immutable X allows users to mint, transfer, and trade NFTs without paying any gas fees. 

This is a game-changer for both creators and collectors, as it eliminates the financial barrier associated with NFT transactions. 

Also Immutable X claims to be carbon-neutral, making it an environmentally friendly choice for NFT enthusiasts. By leveraging zk-rollup technology, it achieves scalability without compromising the planet.

##How does Immutable X work?

Let’s dive into the technical details.

### ZK-Rollups

Immutable X is a technology that helps make Ethereum more efficient. So how does it do that? It uses StarkWare’s zero-knowledge proofs (specifically, Starkey).

Think of this as a smart way to prove something without revealing all the details. It’s like saying, “I know the answer, but I won’t show you how I got it.”

It does this by using ZK-rollups. Imagine you have a bunch of small tasks to do. Instead of doing each task one by one, you group them together and finish them all at once. 

ZK-rollups do something similar with transactions on Ethereum — they bundle them up and send them together.

This happens off-chain, which is like doing some work behind the scenes without bothering everyone else. Off-chain transactions happen away from the main Ethereum network.

Because this is so much more efficient, it reduces the fees (called gas fees) you pay to use Ethereum. So, in user friendly terms, Immutable X uses some tricks to make Ethereum perform better and more competitive.

### EVM compatibility

EVM stands for Ethereum Virtual Machine. It’s like the brain of the Ethereum network — a mega computer that runs all the programs (called smart contracts) and keeps everything in order.

Immutable X is the first chain for games that offers EVM compatibility. 

Game developers can build on Immutable X without the need for Solidity expertise (the programming language of Ethereum). So, game creators can use the same tools they already know, without needing any extra skills.

When game developers create new games on Immutable X, they can easily connect them to the existing games on Ethereum.

When game devs build a game on Immutable X, it’s like adding a new piece to the big Ethereum puzzle. And it fits perfectly. The new game can talk to other games and share resources without any hiccups.  

### Global order book

The platform features a global order book. When someone wants to send an NFT (Non-Fungible Token) to another person, the blockchain needs to check if everything is okay. Is the NFT real? Is the sender allowed to do this? Once the blockchain is sure, it adds this transaction to a block. 

Using the Immutable X platform, the buyers and sellers can interact without waiting for block confirmations, resulting in a smoother experience. It makes NFT trading across various marketplaces way more efficient. 

## Web3 gaming and beyond

Immutable X caters to game developers seeking enhanced performance and competitive costs. While it doesn’t support complex smart contracts, it enables streamlined gameplay mechanics. Imagine a web3 game where players can buy, sell, and trade assets instantly, all while enjoying gas-free interactions.

[The Gods Unchained trading card game](https://godsunchained.com/) is a prime example of Immutable X in action. 

Players can collect rare cards, trade them seamlessly, and participate in tournaments — all without worrying about gas fees.

## How to buy Immutable X (IMX)

If you’re interested in acquiring IMX tokens, here’s how you do it on CoinJar.

### Download the CoinJar App

Download the CoinJar app using your iOS or Android device. You can find it on app stores.

### Create an Account

Sign up for a CoinJar account within the app. Ensure you follow the user friendly steps to verify your identity. UK residents are required to do an assessment and then wait 24 hours (see below).

## Payment method

Once the verification of your account is a success, the assessment is completed and the cooling off period has passed, your CoinJar account is created on the exchange. 

After this is done, you can deposit/transfer normal everyday money into your CoinJar account, such as sterling using your chosen payment method including card or bank transfer. 

CoinJar supports various payment methods, so choose the one that suits your investment risk appetite. 

### Make a Purchase

Once your account is funded, you’re ready to buy Immutable X (IMX).  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 Immutable X (IMX) investment. 

## Some Reasons why investors buy IMX: Conclusion

Immutable X represents a significant leap forward for NFTs and web3 gaming. Its commitment to scalability, asset protection, and user-friendly experiences positions it as a key player in the evolving blockchain landscape. 

As the NFT market continues to flourish, solutions like Immutable X pave the way for a more accessible and sustainable digital future.

So, whether you’re a game developer, collector, or NFT enthusiast, or just want to hold the tokens, keep an eye on Immutable X.



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. [Take 2 mins to learn more.](https://www.coinjar.com/uk/risk-summary)

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.

Crypto is not for everyone. Be sure to do your own research and buy according to what is right for you, and not what is right for other people. 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. 

Buy Immutable X (IMX): As more people use decentralised applications (dApps) and non-fungible tokens ([NFTs](https://www.coinjar.com/au/learn/what-are-nfts)), the Ethereum network faces congestion and high gas fees. 

Enter [Immutable X](https://www.immutable.com/), a layer-2 solution designed to address these pain points. 

Immutable X (IMX) has its own [token](https://www.coinjar.com/au/learn/what-is-crypto) called IMX. It can be used to pay fees on the Immutable X platform. It can also be used for staking, and gives holders voting rights to how the network is run.

One of the features of Immutable X is its zero gas fees. Unlike Ethereum’s mainnet, where transaction costs can sometimes be prohibitively high, Immutable X allows users to mint, transfer, and trade NFTs without paying any gas fees. 

## Web3 gaming and beyond

Imagine a web3 game where players can buy, sell, and trade virtual assets instantly, all while enjoying gas-free interactions.

[The Gods Unchained trading card game](https://godsunchained.com/) is a prime example of Immutable X in action. Players can collect rare cards, trade them seamlessly, and participate in tournaments — all without worrying about gas fees.

## Buy IMX: Conclusion

Immutable X represents a significant leap forward for NFTs and web3 gaming with scalability, security, and user-friendly experiences.



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## Render (RENDER): The future of digital creation

Ever spent hours waiting for a video to render or a complex 3D model to load? That's where [Render (RENDER)](https://rendernetwork.com/) comes in, transforming the way digital content is created.

## What is Render?

Render is a network that connects people who need powerful computers to create digital art, videos, or special effects (think artists, animators, game developers) with people who own powerful computers with Graphics Processing Units (GPUs).

## Why GPUs? 

GPUs are like supercharged engines for computers. They're awesome at handling the complex calculations needed for digital content creation.

So how does it work?

### Creators connect

Artists and creators who need GPU power join the Render Network.

### Node operators share

People with powerful GPUs rent out their computer power to the network. Think of it like an AirBnB, but for computer power instead of rooms.

### Jobs get done faster

Creators send their projects to the network, and the GPU power is used to render them much faster than they could on their own computers.

### Everyone gets rewarded

Node operators earn RENDER tokens for providing their GPU power, and creators pay in RENDER for the service.

## Why buy RENDER tokens?

### You're a creator

You need GPU power for your projects and want to pay for it efficiently.

### You're a node operator

You want to earn rewards for sharing your computer power.

### You're an investor

You believe in the future of digital content creation and think Render is a smart bet.

## Buy RENDER: Conclusion

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If you're into digital art, animation, or gaming, RENDER is worth learning about. Whether you're a budding artist, a tech enthusiast, or just curious about crypto, Render is a fascinating project that's shaping the future of digital creation. 

## How to Buy Render on CoinJar

CoinJar makes it easy to get your hands on Render tokens). Here's how to do it:

Download the CoinJar app (iOS or Android) or visit their website. Sign up with your email and create a secure password. Verify your identity – this is a standard security measure for all crypto exchanges.

Fund your account with bank transfer or using credit or debit cards. Once your funds are in your CoinJar account, search for "Render" and select it. Enter the amount of RENDER you want to buy (you can also choose to buy a specific dollar amount). Review the transaction details, including fees, and confirm your purchase.

The purchased RENDER tokens will be added to your CoinJar wallet. You can hold them, trade them, or use them within the Render Network for creative projects.


Currency=RNDR.png

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## What is Render?

Render is a network that connects people who need powerful computers to create digital art, videos, or special effects (think artists, animators, game developers) with people who own powerful computers with Graphics Processing Units (GPUs).

## Why GPUs? 

GPUs are like supercharged engines for computers. They're awesome at handling the complex calculations needed for digital content creation.

## So how does it work?

### Creators connect

Artists and creators who need GPU power join the Render Network.

### Node operators share

People with powerful GPUs rent out their computer power to the network. Think of it like an AirBnB, but for computer power instead of rooms.

### Jobs get done effectively

Creators send their projects to the network, and the GPU power is used to render them much more effective than they could be on their own computers.

### Node operators

Node operators earn RNDR tokens for providing their GPU power, and creators pay in RNDR for the service.

Why buy RENDER tokens?

### You're a creator

You need GPU power for your projects and want to pay for it efficiently.

### You're a node operator

You want to earn rewards for sharing your computer power.

### You're an investor

You believe in the future of digital content creation and think Render is a smart bet.

## Why investors buy RENDER: Conclusion

Think of RENDER like a digital currency specifically for the creative world. 

If you're into digital art, animation, or gaming, RENDER is worth learning about. 

Whether you're a budding artist, a tech enthusiast, or just curious about crypto.




Render

Buy Render (RENDER): Render is revolutionizing the digital art and video industry. The RENDER [cryptocurrency](https://www.coinjar.com/learn/what-is-crypto) connects creators and GPUs for faster, more efficient rendering. Let’s break it down!

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Ever spent hours waiting for a video to render or a complex 3D model to load? That's where [Render (RENDER)](https://rendernetwork.com/) comes in, transforming the way digital content is created.

## What is Render?

Render is a network that connects people who need powerful computers to create digital art, videos, or special effects (think artists, animators, game developers) with people who own powerful computers with Graphics Processing Units (GPUs).

## Why GPUs? 

GPUs are like supercharged engines for computers. They're awesome at handling the complex calculations needed for digital content creation.

So how does it work?

### Creators connect

Artists and creators who need GPU power join the Render Network.

### Node operators share

People with powerful GPUs rent out their computer power to the network. Think of it like an AirBnB, but for computer power instead of rooms.

### Jobs get done faster

Creators send their projects to the network, and the GPU power is used to render them much faster than they could on their own computers.

### Everyone gets rewarded

Node operators earn RENDER tokens for providing their GPU power, and creators pay in RENDER for the service.

## Why buy RENDER tokens?

### You're a creator

You need GPU power for your projects and want to pay for it efficiently.

### You're a node operator

You want to earn rewards for sharing your computer power.

### You're an investor

You believe in the future of digital content creation and think Render is a smart bet.

## Buy RENDER: Conclusion

Think of RENDER like a digital currency specifically for the creative world. It's a win-win for creators who need power and people with powerful computers to share. 

If you're into digital art, animation, or gaming, RENDER is worth learning about. Whether you're a budding artist, a tech enthusiast, or just curious about crypto, Render is a fascinating project that's shaping the future of digital creation. 

## How to Buy Render on CoinJar

CoinJar makes it easy to get your hands on Render tokens). Here's how to do it:

Download the CoinJar app (iOS or Android) or visit their website. Sign up with your email and create a secure password. Verify your identity – this is a standard security measure for all crypto exchanges.

Fund your account with bank transfer or using credit or debit cards. Once your funds are in your CoinJar account, search for "Render" and select it. Enter the amount of RENDER you want to buy (you can also choose to buy a specific dollar amount). Review the transaction details, including fees, and confirm your purchase.

The purchased RENDER tokens will be added to your CoinJar wallet. You can hold them, trade them, or use them within the Render Network for creative projects.


Buy Render (RENDER): Render is revolutionising the digital art and video industry. The RENDER [cryptocurrency](https://www.coinjar.com/au/learn/what-is-crypto) connects creators and GPUs for faster, more efficient rendering. Let’s break it down!

## Render (RENDER): The future of digital creation

Ever spent hours waiting for a video to render or a complex 3D model to load? That's where [Render (RENDER)](https://rendernetwork.com/) comes in, transforming the way digital content is created.

## What is Render?

Render is a network that connects people who need powerful computers to create digital art, videos, or special effects (think artists, animators, game developers) with people who own powerful computers with Graphics Processing Units (GPUs).

## Why GPUs? 

GPUs are like supercharged engines for computers. They're awesome at handling the complex calculations needed for digital content creation.

So how does it work?

### Creators connect

Artists and creators who need GPU power join the Render Network.

### Node operators share

People with powerful GPUs rent out their computer power to the network. Think of it like an AirBnB, but for computer power instead of rooms.

### Jobs get done faster

Creators send their projects to the network, and the GPU power is used to render them much faster than they could on their own computers.

### Everyone gets rewarded

Node operators earn RENDER tokens for providing their GPU power, and creators pay in RENDER for the service.

## Why buy RENDER tokens?

### You're a creator

You need GPU power for your projects and want to pay for it efficiently.

### You're a node operator

You want to earn rewards for sharing your computer power.

### You're an investor

You believe in the future of digital content creation and think Render is a smart bet.

## Buy RENDER: Conclusion

Think of RENDER like a digital currency specifically for the creative world. It's a win-win for creators who need power and people with powerful computers to share. 

If you're into digital art, animation, or gaming, RENDER is worth learning about. Whether you're a budding artist, a tech enthusiast, or just curious about crypto, Render is a fascinating project that's shaping the future of digital creation. 

## How to Buy Render on CoinJar

CoinJar makes it easy to get your hands on Render tokens). Here's how to do it:

Download the CoinJar app (iOS or Android) or visit their website. Sign up with your email and create a secure password. Verify your identity – this is a standard security measure for all crypto exchanges.

Fund your account with bank transfer or using credit or debit cards. Once your funds are in your CoinJar account, search for "Render" and select it. Enter the amount of RENDER you want to buy (you can also choose to buy a specific dollar amount). Review the transaction details, including fees, and confirm your purchase.

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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.



Buy Injective Token (INJ): Injective Protocol is a decentralized layer-2 exchange protocol built on [Ethereum](https://www.coinjar.com/global/learn/what-is-ethereum). It aims to provide fast, secure, and permissionless trading for various assets, including cryptocurrencies, synthetic assets, and more. The Injective Token (INJ) is the native utility token of the Injective Protocol ecosystem.

There are some very [interesting projects](https://explorer.injective.network/featured-dapps/) on Injective. Most are financial like DeFi or crypto exchanges, but some games and other things are starting to appear. For example, [XNinja](https://xninja.tech/) is a SocialFi game that plays out on X (formerly Twitter).

## Cool stuff on Injective

### xNinja.Tech

xNinja.Tech is where players become a crypto ninja.

xNinja.Tech is the first SocialFi 2.0 dApp built on the Injective Protocol. SocialFi combines social media (like Twitter) with crypto. It’s tweeting and earning rewards at the same time.

When players interact with tweets on their Twitter feed (like, retweet, or reply), they unlock treasure chests on xNinja.Tech. Inside these chests, they find crypto tokens, ninja food, and other valuable items.

xNinja.Tech has created a community of crypto enthusiasts as they follow the journey of the elemental ninjas (Earth, Fire, Water, Air, and Lightning). 

### Talis Art 

[Talis Art](https://injective.talis.art/ ) is an [NFT](https://www.coinjar.com/global/learn/what-are-nfts) (non-fungible token) marketplace that empowers artists and bridges the gap between physical and digital art within the Injective ecosystem. 

Talis serves as a virtual hub for NFT exchanges. Artists can create, sell, and buy NFTs on this platform. Things people seem to like about it are:

Launchpad Sales: Where new NFT collections are introduced.

Peer-to-Peer Trades: Direct exchanges between users.

Secondary Market Acquisitions: Purchasing NFTs from other users.

Floor Sweeping: Acquiring NFTs at the lowest available price.

## INJ and developers

Injective is a special type of blockchain designed specifically for the financial industry. It’s a digital platform where developers can build cool stuff related to money, trading, and other financial activities. Here’s why developers like it:

Speed: For financial apps, speed matters a lot, and Injective delivers.

Web3 Modules: These are like building blocks for creating different types of financial apps. You can use them to build apps for trading, lending, saving, and more. It’s like having a toolbox with all the tools you need to build your idea.

Interoperability: Injective can talk to other blockchains, like Ethereum, Cosmos, and Solana. This makes it easier for developers to connect their apps to other cool stuff on the internet.

## Why do investors buy INJ?

### Utility token

INJ serves multiple purposes within the Injective ecosystem. Holders can use it for governance, staking, and participating in network upgrades.

### Staking rewards

Users who stake their INJ tokens can earn rewards by participating in network validation and governance. Staking helps secure the network and ensures its smooth operation.

### Trading fee discounts

INJ holders receive discounts on trading fees when using the Injective exchange. This encourages adoption and liquidity on the platform.

### Participation in governance

Those interested in shaping the future of Injective Protocol buy INJ to participate in governance decisions. Their votes influence protocol upgrades and changes.

### Access to platform features

INJ holders benefit from reduced trading fees, giving them an advantage when using the Injective exchange.

### Conclusion: Buy Injective Token 

Injective Token (INJ) plays a crucial role in the Injective Protocol ecosystem. Whether you’re an investor, trader, or DeFi enthusiast, you will find the token an interesting proposition.

## How to buy Injective Token (INJ) on CoinJar

Follow these simple steps to buy INJ using CoinJar.

-Download the CoinJar app on iOS or Android.

-Create an account and verify your ID. This process takes only a couple of minutes.

-Transfer funds from your bank account to CoinJar.

-Choose INJ and select “buy”.

-Enter the amount of INJ you’d like to purchase.

Welcome to the INJ club!



Currency=INJ.svg

Buy Injective Token (INJ): Injective Protocol is a decentralised layer-2 exchange protocol built on [Ethereum](https://www.coinjar.com/learn/what-is-ethereum). It aims to provide efficient, protected, and permissionless trading for various assets, including cryptocurrencies, synthetic assets, and more. The Injective Token (INJ) is the native utility token of the Injective Protocol ecosystem.

There are some very [interesting projects](https://explorer.injective.network/featured-dapps/) on Injective. Most are financial like DeFi or crypto exchanges, but some games and other things are starting to appear. For example, [XNinja](https://xninja.tech/) is a SocialFi game that plays out on X (formerly Twitter).

## Cool stuff on Injective

[xNinja.Tech](### xNinja.Tech) is where players become a crypto ninja.

xNinja.Tech is the first SocialFi 2.0 dApp built on the Injective Protocol. SocialFi combines social media (like Twitter) with crypto. It’s tweeting and earning rewards at the same time.

When players interact with tweets on their Twitter feed (like, retweet, or reply), they unlock treasure chests on xNinja.Tech. Inside these chests, they find crypto tokens, ninja food, and other valuable items.

xNinja.Tech has created a community of crypto enthusiasts as they follow the journey of the elemental ninjas (Earth, Fire, Water, Air, and Lightning). 

### Talis Art 

[Talis Art](https://injective.talis.art/) is an NFT (non-fungible token) marketplace that empowers artists and bridges the gap between physical and digital art within the Injective ecosystem. 

Talis serves as a virtual hub for [NFT](https://www.coinjar.com/learn/what-are-nfts) exchanges. Artists can create, sell, and buy NFTs on this platform. Things people seem to like about it are:

Launchpad Sales: Where new NFT collections are introduced.

Peer-to-Peer Trades: Direct exchanges between users.

Secondary Market Acquisitions: Purchasing NFTs from other users.

Floor Sweeping: Acquiring NFTs at the most competitive price.


## ENJ and developers

Injective is a special type of blockchain designed specifically for the financial industry. It’s a digital platform where developers can build cool stuff related to money, trading, and other financial activities. Here’s why developers like it:

Speed: For financial apps, speed matters a lot, and Injective delivers.

Web3 Modules: These are like building blocks for creating different types of financial apps. You can use them to build apps for trading, lending, saving, and more. It’s like having a toolbox with all the tools you need to build your idea.

Interoperability: Injective can talk to other blockchains, like Ethereum, Cosmos, and Solana. This makes it convenient for developers to connect their apps to other cool stuff on the internet.

## Why do investors buy INJ?

### Utility token

INJ serves multiple purposes within the Injective ecosystem. Holders can use it for governance, staking, and participating in network upgrades.

### Staking rewards

Users who stake their INJ tokens can earn rewards by participating in network validation and governance. Staking helps protect the network and ensures its smooth operation.

### Trading fee discounts

INJ holders receive discounts on trading fees when using the Injective exchange. This encourages adoption and liquidity on the platform.

### Decentralised governance

INJ holders can propose and vote on protocol changes, making it a truly community-driven project.

## Why Buy INJ?

### Investment opportunity

Some people buy INJ as an investment, hoping that its value will appreciate over time. As the Injective ecosystem grows, demand for the token may increase.

### Staking rewards

Staking INJ allows users to earn additional tokens as rewards. This passive income attracts investors looking for yield.

### Participation in governance

Those interested in shaping the future of Injective Protocol buy INJ to participate in governance decisions. Their votes influence protocol upgrades and changes.

### Access to platform features

INJ holders benefit from reduced trading fees, giving them an advantage when using the Injective exchange.

### Conclusion: Why Investors buy Injective Token 

Injective Token (INJ) plays a crucial role in the Injective Protocol ecosystem. Whether you’re an investor, trader, or DeFi enthusiast, you may find the token a noteworthyproposition.

## How to buy Injective Token (INJ) on CoinJar

Follow these convenient steps to buy INJ using CoinJar.

- -Download the CoinJar app on iOS or Android.
- -Create an account and verify your ID. 
- -Transfer funds from your bank account to CoinJar.
- -Choose INJ and select “buy”.
- -Enter the amount of INJ you’d like to purchase.



Injective

Buy Injective Token (INJ): Injective Protocol is a decentralised layer-2 exchange protocol built on [Ethereum](https://www.coinjar.com/uk/learn/what-is-ethereum). It aims to provide efficient, protected, and permissionless trading for various assets, including cryptocurrencies, synthetic assets, and more. The Injective Token (INJ) is the native utility token of the Injective Protocol ecosystem.

There are some very [interesting projects](https://explorer.injective.network/featured-dapps/) on Injective. Most are financial like DeFi or crypto exchanges, but some games and other things are starting to appear. For example, [XNinja](https://xninja.tech/) is a SocialFi game that plays out on X (formerly Twitter).

## Cool stuff on Injective

[xNinja.Tech](### xNinja.Tech) is where players become a crypto ninja.

xNinja.Tech is the first SocialFi 2.0 dApp built on the Injective Protocol. SocialFi combines social media (like Twitter) with crypto. It’s tweeting and earning rewards at the same time.

When players interact with tweets on their Twitter feed (like, retweet, or reply), they unlock treasure chests on xNinja.Tech. Inside these chests, they find crypto tokens, ninja food, and other valuable items.

xNinja.Tech has created a community of crypto enthusiasts as they follow the journey of the elemental ninjas (Earth, Fire, Water, Air, and Lightning). 

### Talis Art 

[Talis Art](https://injective.talis.art/) is an NFT (non-fungible token) marketplace that empowers artists and bridges the gap between physical and digital art within the Injective ecosystem. 

Talis serves as a virtual hub for [NFT](https://www.coinjar.com/uk/learn/what-are-nfts) exchanges. Artists can create, sell, and buy NFTs on this platform. Things people seem to like about it are:

Launchpad Sales: Where new NFT collections are introduced.

Peer-to-Peer Trades: Direct exchanges between users.

Secondary Market Acquisitions: Purchasing NFTs from other users.

Floor Sweeping: Acquiring NFTs at the most competitive price.


## ENJ and developers

Injective is a special type of blockchain designed specifically for the financial industry. It’s a digital platform where developers can build cool stuff related to money, trading, and other financial activities. Here’s why developers like it:

Speed: For financial apps, speed matters a lot, and Injective delivers.

Web3 Modules: These are like building blocks for creating different types of financial apps. You can use them to build apps for trading, lending, saving, and more. It’s like having a toolbox with all the tools you need to build your idea.

Interoperability: Injective can talk to other blockchains, like Ethereum, Cosmos, and Solana. This makes it convenient for developers to connect their apps to other cool stuff on the internet.

## Why do investors buy INJ?

### Utility token

INJ serves multiple purposes within the Injective ecosystem. Holders can use it for governance, staking, and participating in network upgrades.

### Staking rewards

Users who stake their INJ tokens can earn rewards by participating in network validation and governance. Staking helps protect the network and ensures its smooth operation.

### Trading fee discounts

INJ holders receive discounts on trading fees when using the Injective exchange. This encourages adoption and liquidity on the platform.

### Decentralised governance

INJ holders can propose and vote on protocol changes, making it a truly community-driven project.

## Why Buy INJ?

### Investment opportunity

Some people buy INJ as an investment, hoping that its value will appreciate over time. As the Injective ecosystem grows, demand for the token may increase.

### Staking rewards

Staking INJ allows users to earn additional tokens as rewards. This passive income attracts investors looking for yield.

### Participation in governance

Those interested in shaping the future of Injective Protocol buy INJ to participate in governance decisions. Their votes influence protocol upgrades and changes.

### Access to platform features

INJ holders benefit from reduced trading fees, giving them an advantage when using the Injective exchange.

### Conclusion: Why Investors buy Injective Token 

Injective Token (INJ) plays a crucial role in the Injective Protocol ecosystem. Whether you’re an investor, trader, or DeFi enthusiast, you may find the token a noteworthyproposition.

## How to buy Injective Token (INJ) on CoinJar

Follow these convenient steps to buy INJ using CoinJar.

- -Download the CoinJar app on iOS or Android.
- -Create an account and verify your ID. This process takes only a couple of minutes.UK residents are required (in accordance with local legislation) to complete an assessment and to wait 24-hours (see below).
- -Transfer funds from your bank account to CoinJar.
- -Choose INJ and select “buy”.
- -Enter the amount of INJ you’d like to purchase.



Buy Injective Token (INJ): Injective Protocol is a decentralised layer-2 exchange protocol built on Ethereum. It aims to provide fast, secure, and permissionless trading for various assets, including cryptocurrencies, synthetic assets, and more. The Injective Token (INJ) is the native utility token of the Injective Protocol ecosystem.

There are some very [interesting projects](https://explorer.injective.network/featured-dapps/) on Injective. Most are financial like DeFi or crypto exchanges, but some games and other things are starting to appear. For example, [XNinja](https://xninja.tech/) is a SocialFi game that plays out on X (formerly Twitter).

## Cool stuff on Injective

### xNinja.Tech

xNinja.Tech is where players become a crypto ninja.

xNinja.Tech is the first SocialFi 2.0 dApp built on the Injective Protocol. SocialFi combines social media (like Twitter) with crypto. It’s tweeting and earning rewards at the same time.

When players interact with tweets on their Twitter feed (like, retweet, or reply), they unlock treasure chests on xNinja.Tech. Inside these chests, they find crypto tokens, ninja food, and other valuable items.

xNinja.Tech has created a community of crypto enthusiasts as they follow the journey of the elemental ninjas (Earth, Fire, Water, Air, and Lightning). 

### Talis Art 

[Talis Art](https://injective.talis.art/ ) is an [NFT](https://www.coinjar.com/au/learn/what-are-nfts) (non-fungible token) marketplace that empowers artists and bridges the gap between physical and digital art within the Injective ecosystem. 

Talis serves as a virtual hub for NFT exchanges. Artists can create, sell, and buy NFTs on this platform. Things people seem to like about it are:

Launchpad Sales: Where new NFT collections are introduced.

Peer-to-Peer Trades: Direct exchanges between users.

Secondary Market Acquisitions: Purchasing NFTs from other users.

Floor Sweeping: Acquiring NFTs at the lowest available price.

## INJ and developers

Injective is a special type of blockchain designed specifically for the financial industry. It’s a digital platform where developers can build cool stuff related to money, trading, and other financial activities. Here’s why developers like it:

Speed: For financial apps, speed matters a lot, and Injective delivers.

Web3 Modules: These are like building blocks for creating different types of financial apps. You can use them to build apps for trading, lending, saving, and more. It’s like having a toolbox with all the tools you need to build your idea.

Interoperability: Injective can talk to other blockchains, like Ethereum, Cosmos, and Solana. This makes it easier for developers to connect their apps to other cool stuff on the internet.

## Why do investors buy INJ?

### Utility token

INJ serves multiple purposes within the Injective ecosystem. Holders can use it for governance, staking, and participating in network upgrades.

### Staking rewards

Users who stake their INJ tokens can earn rewards by participating in network validation and governance. Staking helps secure the network and ensures its smooth operation.

### Trading fee discounts

INJ holders receive discounts on trading fees when using the Injective exchange. This encourages adoption and liquidity on the platform.

### Participation in governance

Those interested in shaping the future of Injective Protocol buy INJ to participate in governance decisions. Their votes influence protocol upgrades and changes.

### Access to platform features

INJ holders benefit from reduced trading fees, giving them an advantage when using the Injective exchange.

### Conclusion: Buy Injective Token 

Injective Token (INJ) plays a crucial role in the Injective Protocol ecosystem. Whether you’re an investor, trader, or DeFi enthusiast, you will find the token an interesting proposition.

## How to buy Injective Token (INJ) on CoinJar

Follow these simple steps to buy INJ using CoinJar.

-Download the CoinJar app on iOS or Android.

-Create an account and verify your ID. This process takes only a couple of minutes.

-Transfer funds from your bank account to CoinJar.

-Choose INJ and select “buy”.

-Enter the amount of INJ you’d like to purchase.

Welcome to the INJ club!



Buy dogwifhat (WIF): Why buy dogwifhat? This is all about the newest canine [memecoin](https://www.coinjar.com/global/learn/what-are-altcoins) on the block. WIF is a playful and quirky meme coin that has taken the crypto world by storm. But what exactly is it? Let’s break it down for you:

[dogwifhat](https://dogwifcoin.org/) is based on one of the many Shiba Inu dog memes. If you’re familiar with the original meme cryptocurrency, Dogecoin (DOGE), established back in 2013, you’ll recognise the Shiba Inu’s iconic face. These adorable doggos have become a symbol of internet culture and digital assets.

WIF operates on the Solana blockchain, which provides fast transactions and low fees. It’s like a digital playground for meme coins, where creativity and community drive the action.

The heart of dogwifhat is a real-life Shiba Inu puppy named Achi. Achi gained fame as the star of a meme wearing a pink beanie hat. 

## Why do people buy dogwifhat?

So you may be wondering, why do people buy dogwifhat? Let's dig in. 

### Community Engagement

Unlike traditional cryptocurrencies with specific use cases, meme coins like WIF thrive on community engagement. The more people talk about it, the more it gains value. It’s like a digital game of fetch — everyone wants to join in.

### Internet hype

dogwifhat rides the waves of social media hype. Memes, tweets, and TikTok videos spread the word faster than a greyhound chasing a squirrel. When the internet gets excited, so does WIF.

### Meme appeal

Let’s face it — people love cute dogs. Add a pink hat, and you’ve got a recipe for success. WIF's charm draws in investors who want to be part of something fun and lighthearted.

## How does dogwifhat work?

### Tokenomics

WIF keeps it simple. It’s an SPL token (similar to Ethereum’s ERC-20 tokens) on the Solana blockchain. 

### Mission statement

According to the project, WIF isn’t just a cryptocurrency; it’s a symbol of progress. It represents futuristic transactions, breaking boundaries, and paving the way for a new era in finance and technology. 

## Conclusion: WIF

WIF is more than just a meme — it’s a digital tail-wagging sensation. It may just go the way of Dogecoin, Shiba Inu and Pepe, and become a huge success. Or it could fall away to die at the bottom on the cryptocharts like so many others. But for now, enjoy the ride!



Currency=WIF@500w.svg

Buy dogwifhat (WIF): Why buy dogwifhat? This is all about the newest canine [memecoin](https://www.coinjar.com/uk/learn/what-are-altcoins) on the block. WIF is a playful and quirky meme coin. But what exactly is it? Let’s break it down for you:

[dogwifhat](https://dogwifcoin.org/) is based on one of the many Shiba Inu dog memes. If you’re familiar with the original meme cryptocurrency, Dogecoin (DOGE), established back in 2013, you’ll recognise the Shiba Inu’s iconic face. These adorable doggos have become a symbol of internet culture and digital assets.

WIF operates on the Solana blockchain, which provides efficient transactions and competitive fees. It’s like a digital playground for meme coins, where creativity and community is likely to drive the action.

The heart of dogwifhat is a real-life Shiba Inu puppy named Achi. Achi gained fame as the star of a meme wearing a pink beanie hat. 

## Why do people buy dogwifhat?

### Community Engagement

Unlike traditional cryptocurrencies with specific use cases, meme coins like WIF thrive on community engagement. The more people talk about it, the more the investment value may be impacted. 

### Internet hype

dogwifhat rides the waves of social media hype. Memes, tweets, and TikTok videos spread the word faster than a greyhound chasing a squirrel.

### Meme appeal

Let’s face it — people love cute dogs. Add a pink hat, and you’ve got a recipe for success. WIF's charm draws in investors who want to be part of something fun and lighthearted.

## How does dogwifhat work?

### Tokenomics

WIF keeps it user-friendly. It’s an SPL token (similar to Ethereum’s ERC-20 tokens) on the Solana blockchain.

## Conclusion: WIF

WIF may have started out as a meme, but it could get traction and become as well-known as Dogecoin, Shiba Inu and Pepe. Or it could fall away and die at the bottom of the crypto charts like so many others before it. While it has no utility, it is literally just a dog wif a hat, this may turn out to be as fun as the other memecoins with their colourful communities.

## How to buy WIF on CoinJar

Download the CoinJar App. Create an account.

Sign up and verify your ID (takes just a couple of minutes). UK residents are required to complete an appropriateness assessment and wait 24-hours as a “cooling off” period (see below).

Upload funds into your CoinJar account. You can do this using a bank transfer or a card, among other methods.

Once your account is funded, navigate to the WIF section within the app.

Choose the amount you want to buy and confirm the transaction.



dogwifhat

Buy dogwifhat (WIF): Why buy dogwifhat? This is all about the newest canine [memecoin](https://www.coinjar.com/learn/what-are-altcoins) on the block. WIF is a playful and quirky meme coin that has taken the crypto world by storm. But what exactly is it? Let’s break it down for you:

[dogwifhat](https://dogwifcoin.org/) is based on one of the many Shiba Inu dog memes. If you’re familiar with the original meme cryptocurrency, Dogecoin (DOGE), established back in 2013, you’ll recognise the Shiba Inu’s iconic face. These adorable doggos have become a symbol of internet culture and digital assets.

WIF operates on the Solana blockchain, which provides fast transactions and low fees. It’s like a digital playground for meme coins, where creativity and community drive the action.

The heart of dogwifhat is a real-life Shiba Inu puppy named Achi. Achi gained fame as the star of a meme wearing a pink beanie hat. 

## Why do people buy dogwifhat?

Why DO people buy dogwifhat?

### Community Engagement

Unlike traditional cryptocurrencies with specific use cases, meme coins like WIF thrive on community engagement. The more people talk about it, the more it gains value. It’s like a digital game of fetch — everyone wants to join in.

### Internet hype

dogwifhat rides the waves of social media hype. Memes, tweets, and TikTok videos spread the word faster than a greyhound chasing a squirrel. When the internet gets excited, so does WIF.

### Meme appeal

Let’s face it — people love cute dogs. Add a pink hat, and you’ve got a recipe for success. WIF's charm draws in investors who want to be part of something fun and lighthearted.

## How does dogwifhat work?

### Tokenomics

WIF keeps it simple. It’s an SPL token (similar to Ethereum’s ERC-20 tokens) on the Solana blockchain. 

### Mission statement

According to the project, WIF isn’t just a cryptocurrency; it’s a symbol of progress. It represents futuristic transactions, breaking boundaries, and paving the way for a new era in finance and technology. 

## Conclusion: WIF

WIF is more than just a meme — it’s a digital tail-wagging sensation. It may just go the way of Dogecoin, Shiba Inu and Pepe, and become a huge success. Or it could fall away to die at the bottom on the cryptocharts like so many others. But for now, enjoy the ride!


Buy dogwifhat (WIF): Why buy dogwifhat? This is all about the newest canine [memecoin](https://www.coinjar.com/au/learn/what-are-altcoins) on the block. WIF is a playful and quirky meme coin that has taken the crypto world by storm. But what exactly is it? Let’s break it down for you:

[Dogwifhat](https://dogwifcoin.org/) is based on one of the many Shiba Inu dog memes. If you’re familiar with the original meme cryptocurrency, Dogecoin (DOGE), established back in 2013, you’ll recognise the Shiba Inu’s iconic face. These adorable doggos have become a symbol of internet culture and digital assets.

WIF operates on the Solana blockchain, which provides fast transactions and low fees. It’s like a digital playground for meme coins, where creativity and community drive the action.

The heart of dogwifhat is a real-life Shiba Inu puppy named Achi. Achi gained fame as the star of a meme wearing a pink beanie hat. 

## Why do people buy dogwifhat?

Why DO people buy dogwifhat?

### Community Engagement

Unlike traditional cryptocurrencies with specific use cases, meme coins like WIF thrive on community engagement. The more people talk about it, the more it gains value. It’s like a digital game of fetch — everyone wants to join in.


### Internet hype

dogwifhat rides the waves of social media hype. Memes, tweets, and TikTok videos spread the word faster than a greyhound chasing a squirrel. When the internet gets excited, so does WIF.

### Meme appeal

Let’s face it — people love cute dogs. Add a pink hat, and you’ve got a recipe for success. WIF's charm draws in investors who want to be part of something fun and lighthearted.

## How does dogwifhat work?

### Tokenomics

WIF keeps it simple. It’s an SPL token (similar to Ethereum’s ERC-20 tokens) on the Solana blockchain. 

### Mission statement

According to the project, WIF isn’t just a cryptocurrency; it’s a symbol of progress. It represents futuristic transactions, breaking boundaries, and paving the way for a new era in finance and technology. 

## Conclusion: WIF

WIF is more than just a meme — it’s a digital tail-wagging sensation. It may just go the way of Dogecoin, Shiba Inu and Pepe, and become a huge success. Or it could fall away to die at the bottom on the cryptocharts like so many others. But for now, enjoy the ride!



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.

## Conclusion: Buy Maker (MKR) 

As the DeFi space grows and more people understand it, Maker (MKR) becomes more interesting for its stability and innovation. 


Fetch.ai (FET) holders: If you own Fetch.ai's cryptocurrency token (FET), it will be [replaced](https://www.coinjar.com/global/learn/fet-asi-merger-fetch-ai) with ASI mid to late July. You'll need to swap your FET tokens for the new ASI tokens through a process the issuing companies claim will be smooth.

## What is happening with Fetch.ai (FET)?

Fetch.ai, Ocean Protocol, and SingularityNET, three prominent AI companies, have merged to form the Artificial Superintelligence Alliance (ASI). This move aims to create a decentralised artificial intelligence (AI) ecosystem and challenge the dominance of big tech.

The New ASI Token will be the currency of the new ASI ecosystem.

The companies involved believe the [merger](https://fetch.ai/blog/june-13-merger) will accelerate AI development and create a decentralized system where AI isn't controlled by a few large entities.

## Should you be excited?

If you're already invested in these companies, the merger might seem promising. However, remember that the crypto world is volatile, and mergers don't always guarantee success. Do your research and understand the risks before making any decisions.

## Key points to remember

Swap timing: The FET to ASI swap will start probably in the second half of July.
CoinJar's decision: CoinJar has not yet decided whether we will automatically swap FET for ASI on behalf of users. 

Taxes: This swap might be a taxable event. Consult a tax advisor.

Stay informed: Keep an eye on Fetch.ai’s blog [here](https://fetch.ai/blog/june-13-merger). 

## Expert advice

Dominic Gluchowski, a CoinJar executive, says, "If your crypto tokens are undergoing changes on the blockchain, like getting a new name or being swapped for different ones, it's smarter to keep them in your own digital wallet (like MetaMask) rather than leaving them on an exchange. This way, you won't risk missing out on any new tokens that might come your way.

“To be extra safe, always start by transferring a small number of tokens as a test run. Once you're sure it worked, you can transfer the rest with more confidence."
The ASI Alliance has ambitious goals for a more open and accessible AI future. Whether they can deliver remains to be seen. As always, be cautious and informed about your investments.

## Projected events

According to the [Fetch.ai blog,](https://fetch.ai/blog/artificial_superintelligence_alliance_update_ASI_token_merger) the Artificial Superintelligence Alliance will merge Fetch.ai, SingularityNET, and Ocean Protocol.

### Phase I

-Project rebranding to Artificial Superintelligence Alliance
-AGIX and OCEAN tokens merged into FET
-Trading continues under the FET ticker

### Phase II:

-ASI token deployed across multiple blockchains

-FET network upgraded to ASI network

-FET token holders can swap FET for ASI on the official websites of both Fetch.ai and the ASI website.

This strategy aims for a smooth transition, with a focus on transparency and efficiency.

## Fetch.ai (FET) and your SMSF

If you have FET tokens in a Self-Managed Super Fund (SMSF), it's crucial to confirm with your professional adviser that your trust deed permits storing cryptocurrency in self-hosted wallets. You might need to use a specific self-hosted wallet designated for your SMSF.

This wallet should have Ethereum to cover transaction fees.

Fetch.ai hasn't specified how long the FET to ASI swap will be available. It's important to complete the swap before it closes, which could happen before CoinJar lists ASI.



Currency=FET.svg

Fetch.ai (FET) holders: If you own Fetch.ai's cryptocurrency token (FET), it will be [replaced](https://www.coinjar.com/learn/fet-asi-merger-fetch-ai) with ASI mid to late July. You'll need to swap your FET tokens for the new ASI tokens through a process the issuing companies claim will be smooth.

## What is happening with Fetch.ai (FET)?

Fetch.ai, Ocean Protocol, and SingularityNET, three prominent AI companies, have merged to form the Artificial Superintelligence Alliance (ASI). This move aims to create a decentralised artificial intelligence (AI) ecosystem and challenge the dominance of big tech.

The New ASI Token will be the currency of the new ASI ecosystem.

The companies involved believe the [merger](https://fetch.ai/blog/june-13-merger) will accelerate AI development and create a decentralized system where AI isn't controlled by a few large entities.

## Should you be excited?

If you're already invested in these companies, the merger might seem promising. However, remember that the crypto world is volatile, and mergers don't always guarantee success. Do your research and understand the risks before making any decisions.

## Key points to remember

Swap timing: The FET to ASI swap will start probably in the second half of July.
CoinJar's decision: CoinJar has not yet decided whether we will automatically swap FET for ASI on behalf of users. 

Taxes: This swap might be a taxable event. Consult a tax advisor.

Stay informed: Keep an eye on Fetch.ai’s blog [here](https://fetch.ai/blog/june-13-merger). 

## Expert advice

Dominic Gluchowski, a CoinJar executive, says, "If your crypto tokens are undergoing changes on the blockchain, like getting a new name or being swapped for different ones, it's smarter to keep them in your own digital wallet (like MetaMask) rather than leaving them on an exchange. This way, you won't risk missing out on any new tokens that might come your way.

“To be extra safe, always start by transferring a small number of tokens as a test run. Once you're sure it worked, you can transfer the rest with more confidence."
The ASI Alliance has ambitious goals for a more open and accessible AI future. Whether they can deliver remains to be seen. As always, be cautious and informed about your investments.

## Projected events

According to the [Fetch.ai blog,](https://fetch.ai/blog/artificial_superintelligence_alliance_update_ASI_token_merger) the Artificial Superintelligence Alliance will merge Fetch.ai, SingularityNET, and Ocean Protocol.

### Phase I

-Project rebranding to Artificial Superintelligence Alliance
-AGIX and OCEAN tokens merged into FET
-Trading continues under the FET ticker

### Phase II:

-ASI token deployed across multiple blockchains

-FET network upgraded to ASI network

-FET token holders can swap FET for ASI on the official websites of both Fetch.ai and the ASI website.

This strategy aims for a smooth transition, with a focus on transparency and efficiency.

## Fetch.ai (FET) and your SMSF

If you have FET tokens in a Self-Managed Super Fund (SMSF), it's crucial to confirm with your professional adviser that your trust deed permits storing cryptocurrency in self-hosted wallets. You might need to use a specific self-hosted wallet designated for your SMSF.

This wallet should have Ethereum to cover transaction fees.

Fetch.ai hasn't specified how long the FET to ASI swap will be available. It's important to complete the swap before it closes, which could happen before CoinJar lists ASI.



Fetch.ai

Fetch.ai (FET) holders: If you own Fetch.ai's cryptocurrency token (FET), it will be [renamed](https://www.coinjar.com/au/learn/fet-asi-merger-fetch-ai) ASI mid to late July. You'll need to swap your FET tokens for the new ASI tokens.

## What is happening with Fetch.ai (FET)?

Fetch.ai, Ocean Protocol, and SingularityNET, three prominent AI companies, have merged to form the Artificial Superintelligence Alliance (ASI). This move aims to create a decentralised artificial intelligence (AI) ecosystem and challenge the dominance of big tech.

The companies involved believe the [merger](https://fetch.ai/blog/june-13-merger) will accelerate AI development and create a decentralised system where AI isn't controlled by a few large entities.

## Should you be excited?

If you're already invested in these companies, the merger might seem promising. However, remember that the crypto world is volatile, and mergers don't always guarantee success. Do your research and understand the risks before making any decisions.

## Key points to remember

Swap timing: The FET to ASI swap will start probably in the second half of July.
CoinJar's decision: CoinJar has not yet decided whether we will automatically swap FET for ASI on behalf of users. 

Taxes: This swap might be a taxable event. Consult a tax advisor.
Stay informed: Keep an eye on Fetch.ai’s blog [here](https://fetch.ai/blog/june-13-merger). 

## Expert view

Dominic Gluchowski, a CoinJar executive, says, "If your crypto tokens are undergoing changes on the blockchain, like getting a new name or being swapped for different ones, it's smarter to keep them in your own digital wallet (like MetaMask) rather than leaving them on an exchange. This way, you won't risk missing out on any new tokens that might come your way.

“To be extra safe, always start by transferring a small number of tokens as a test run. Once you're sure it worked, you can transfer the rest with more confidence."

The ASI Alliance has plans for a more open and accessible AI future. Whether they can deliver remains to be seen. As always, be cautious and informed about your investments.

## Projected events

According to the [Fetch.ai blog,](https://fetch.ai/blog/artificial_superintelligence_alliance_update_ASI_token_merger) the Artificial Superintelligence Alliance will merge Fetch.ai, SingularityNET, and Ocean Protocol.

### Phase I

-Project rebranding to Artificial Superintelligence Alliance

-AGIX and OCEAN tokens merged into FET

-Trading continues under the FET ticker

### Phase II:

-ASI token deployed across multiple blockchains

-FET network upgraded to ASI network

-FET token holders can swap FET for ASI on the official websites of both Fetch.ai and the ASI website.

This strategy aims for a smooth transition, with a focus on transparency and efficiency.



Fetch.ai (FET) holders: If you own Fetch.ai's cryptocurrency token (FET), it will be [replaced](https://www.coinjar.com/au/learn/fet-asi-merger-fetch-ai) with ASI mid to late July. You'll need to swap your FET tokens for the new ASI tokens through a process the issuing companies claim will be smooth.

## What is happening with Fetch.ai (FET)?

Fetch.ai, Ocean Protocol, and SingularityNET, three prominent AI companies, have merged to form the Artificial Superintelligence Alliance (ASI). This move aims to create a decentralised artificial intelligence (AI) ecosystem and challenge the dominance of big tech.

The New ASI Token will be the currency of the new ASI ecosystem.

The companies involved believe the [merger](https://fetch.ai/blog/june-13-merger) will accelerate AI development and create a decentralised system where AI isn't controlled by a few large entities.

## Should you be excited?

If you're already invested in these companies, the merger might seem promising. However, remember that the crypto world is volatile, and mergers don't always guarantee success. Do your research and understand the risks before making any decisions.

## Key points to remember

Swap timing: The FET to ASI swap will start probably in the second half of July.
CoinJar's decision: CoinJar has not yet decided whether we will automatically swap FET for ASI on behalf of users. 

Taxes: This swap might be a taxable event. Consult a tax advisor.

Stay informed: Keep an eye on Fetch.ai’s blog [here](https://fetch.ai/blog/june-13-merger). 

## Expert advice

Dominic Gluchowski, a CoinJar executive, says, "If your crypto tokens are undergoing changes on the blockchain, like getting a new name or being swapped for different ones, it's smarter to keep them in your own digital wallet (like MetaMask) rather than leaving them on an exchange. This way, you won't risk missing out on any new tokens that might come your way.

“To be extra safe, always start by transferring a small number of tokens as a test run. Once you're sure it worked, you can transfer the rest with more confidence."
The ASI Alliance has ambitious goals for a more open and accessible AI future. Whether they can deliver remains to be seen. As always, be cautious and informed about your investments.

## Projected events

According to the [Fetch.ai blog,](https://fetch.ai/blog/artificial_superintelligence_alliance_update_ASI_token_merger) the Artificial Superintelligence Alliance will merge Fetch.ai, SingularityNET, and Ocean Protocol.

### Phase I

-Project rebranding to Artificial Superintelligence Alliance
-AGIX and OCEAN tokens merged into FET
-Trading continues under the FET ticker

### Phase II:

-ASI token deployed across multiple blockchains

-FET network upgraded to ASI network

-FET token holders can swap FET for ASI on the official websites of both Fetch.ai and the ASI website.

This strategy aims for a smooth transition, with a focus on transparency and efficiency.

## Fetch.ai (FET) and your SMSF

If you have FET tokens in a Self-Managed Super Fund (SMSF), it's crucial to confirm with your professional adviser that your trust deed permits storing cryptocurrency in self-hosted wallets. You might need to use a specific self-hosted wallet designated for your SMSF.

This wallet should have Ethereum to cover transaction fees.

Fetch.ai hasn't specified how long the FET to ASI swap will be available. It's important to complete the swap before it closes, which could happen before CoinJar lists ASI.



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.


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.


_
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.

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.

_
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.



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.

_
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 Bonk (BONK): This is the crypto token that’s by the people, for the people. Why do people buy BONK? It’s another [memecoin](https://www.coinjar.com/global/learn/what-are-altcoins) set for memecoin glory, capturing the hearts and wallets of the digital community.

## What is BONK?

But what exactly is this token, and why has it become the talk of the crypto town? It is a dog-themed cryptocurrency, often referred to as “[Bonk Inu](https://bonkcoin.com/),” built on the Solana blockchain. 

It’s a memecoin, which means it’s inspired by internet culture and designed to be fun and accessible. Unlike other cryptocurrencies that might seem complex, it is all about simplicity and community.

## Why do people buy Bonk?

People are flocking to this memecoin for several reasons. Firstly, it’s a token for the people, by the people. With 50% of the total supply airdropped to the Solana community, Bonk has a unique approach to distribution that’s all about fairness and inclusivity. 

It’s also a response to the “toxic tokenomics” of the past, offering a fresh start for those disillusioned with traditional crypto models.

## How does Bonk work? 

Bonk operates on the Solana blockchain, known for its speed and low transaction costs. As an SPL token, it’s similar to Ethereum’s ERC-20 tokens but with the added benefits of Solana’s efficiency. This makes Bonk not just a fun meme coin but also a practical choice for digital transactions.

## Conclusion: Bonk 

BONK is a token that’s easy to understand, fun to be a part of, and has a strong sense of community at its core. For those looking to dip their toes into the world of crypto, this memecoin could be a good place to start.


Currency=BONK.svg

Buy Bonk (BONK): This is the crypto token that’s by the people, for the people. Why do people buy BONK? It’s another [memecoin](https://www.coinjar.com/uk/learn/what-are-altcoins) set for memecoin glory, capturing the hearts and wallets of the digital community.

## What is BONK?

But what exactly is this token, and why has it become the talk of the crypto town? It is a dog-themed cryptocurrency, often referred to as “[Bonk Inu](https://bonkcoin.com/),” built on the Solana blockchain. 

It’s a memecoin, which means it’s inspired by internet culture and designed to be fun and accessible. Unlike other cryptocurrencies that might seem complex, it is all about understanding and community.

## Why do people buy Bonk?

With 50% of the total supply airdropped to the Solana community, Bonk has a unique approach to distribution that’s all about inclusivity. 

## How does Bonk work? 

Bonk operates on the Solana blockchain, known for its speed and competitive transaction costs. As an SPL token, it’s similar to Ethereum’s ERC-20 tokens but with the added benefits of Solana’s efficiency. 

This makes Bonk not just a fun meme coin but also a practical choice for digital transactions.

## Conclusion: Bonk 

"Bonk Inu" is a dog-themed cryptocurrency, built on the Solana blockchain, inspired by internet culture. It's a memecoin, designed for fun, accessibility, and community.


Bonk

Buy Bonk (BONK): This is the crypto token that’s by the people, for the people. Why do people buy BONK? It’s another [memecoin](https://www.coinjar.com/learn/what-are-altcoins) set for memecoin glory, capturing the hearts and wallets of the digital community.

## What is BONK?

But what exactly is this token, and why has it become the talk of the crypto town? It is a dog-themed cryptocurrency, often referred to as “[Bonk Inu](https://bonkcoin.com/),” built on the Solana blockchain. 

It’s a memecoin, which means it’s inspired by internet culture and designed to be fun and accessible. Unlike other cryptocurrencies that might seem complex, it is all about simplicity and community.

## Why do people buy Bonk?

People are flocking to this memecoin for several reasons. Firstly, it’s a token for the people, by the people. With 50% of the total supply airdropped to the Solana community, Bonk has a unique approach to distribution that’s all about fairness and inclusivity. 

It’s also a response to the “toxic tokenomics” of the past, offering a fresh start for those disillusioned with traditional crypto models.

## How does Bonk work? 

Bonk operates on the Solana blockchain, known for its speed and low transaction costs. As an SPL token, it’s similar to Ethereum’s ERC-20 tokens but with the added benefits of Solana’s efficiency. This makes Bonk not just a fun meme coin but also a practical choice for digital transactions.

## Conclusion: Bonk 

BONK is a token that’s easy to understand, fun to be a part of, and has a strong sense of community at its core. For those looking to dip their toes into the world of crypto, this memecoin could be a good place to start.


Buy Bonk (BONK): This is the crypto token that’s by the people, for the people. Why do people buy BONK? It’s another [memecoin](https://www.coinjar.com/au/learn/what-are-altcoins) set for memecoin glory, capturing the hearts and wallets of the digital community.

## What is BONK?

But what exactly is this token, and why has it become the talk of the crypto town? It is a dog-themed cryptocurrency, often referred to as “[Bonk Inu](https://bonkcoin.com/),” built on the Solana blockchain. 

It’s a memecoin, which means it’s inspired by internet culture and designed to be fun and accessible. Unlike other cryptocurrencies that might seem complex, it is all about simplicity and community.

## Why do people buy Bonk?

People are flocking to this memecoin for several reasons. Firstly, it’s a token for the people, by the people. With 50% of the total supply airdropped to the Solana community, Bonk has a unique approach to distribution that’s all about fairness and inclusivity. 

It’s also a response to the “toxic tokenomics” of the past, offering a fresh start for those disillusioned with traditional crypto models.

## How does Bonk work? 

Bonk operates on the Solana blockchain, known for its speed and low transaction costs. As an SPL token, it’s similar to Ethereum’s ERC-20 tokens but with the added benefits of Solana’s efficiency. This makes Bonk not just a fun meme coin but also a practical choice for digital transactions.

## Conclusion: Bonk 

BONK is a token that’s easy to understand, fun to be a part of, and has a strong sense of community at its core. For those looking to dip their toes into the world of crypto, this memecoin could be a good place to start.


Buy Quant Network (QNT): Quant Network and its QNT token are simplifying [blockchain](https://www.coinjar.com/global/learn/what-is-blockchain) connections for businesses and everyday users. How? Imagine if all video game consoles could play together. That's what Quant Network is trying to do, but for blockchains (the technology behind cryptocurrencies like Bitcoin).

## Why should blockchains talk?

Blockchains are great for security, but they often work alone. This means it's hard to share information or use different cryptocurrencies together. [Quant Network](https://quant.network/) is like a universal translator, making it easier for different blockchains to understand each other.

## QNT token: The fuel of the network

QNT is the special token that powers Quant Network. It's like the coins you need to play arcade games. Developers buy QNT to build new apps on the network, and users can hold QNT as an investment.

If you use cryptocurrency, Quant Network could make things easier in the future. It might mean faster transactions, more options for trading, and even new apps that use different blockchains together. Think of it like being able to use your phone anywhere in the world without worrying about roaming charges.

## Important points about QNT

The network is a project that aims to connect different blockchains.

The QNT token is the digital currency that powers the Quant Network.

It means easier interaction between blockchains, and there is potential for new apps and services.

## Is it worth investing in QNT?

Do your own research and understand the technology before buying QNT.

## How to buy QNT on CoinJar

Create a CoinJar Account: If you don't have one, sign up for a free account on CoinJar.

Verify Your Identity: For security, you'll need to verify your identity with some personal details.

Deposit Funds: Add money to your CoinJar account using a bank transfer or debit card.

Search for QNT: In the CoinJar marketplace, type "QNT" in the search bar.

Buy QNT: Select the amount of QNT you want to buy and click "Buy."

Store Your QNT: Your QNT will be safely stored in your CoinJar wallet.


Currency=QNT.svg

Buy Quant Network (QNT): Quant Network and its QNT token are simplifying [blockchain](https://www.coinjar.com/learn/what-is-blockchain) connections for businesses and everyday users. How? Imagine if all video game consoles could play together. That's what Quant Network is trying to do, but for blockchains (the technology behind cryptocurrencies like Bitcoin).

## Why should blockchains talk?

Blockchains are great for security, but they often work alone. This means it's hard to share information or use different cryptocurrencies together. [Quant Network](https://quant.network/) is like a universal translator, making it easier for different blockchains to understand each other.

## QNT token: The fuel of the network

QNT is the special token that powers Quant Network. It's like the coins you need to play arcade games. Developers buy QNT to build new apps on the network, and users can hold QNT as an investment.

If you use cryptocurrency, Quant Network could make things easier in the future. It might mean faster transactions, more options for trading, and even new apps that use different blockchains together. Think of it like being able to use your phone anywhere in the world without worrying about roaming charges.

## Important points about QNT

The network is a project that aims to connect different blockchains.

The QNT token is the digital currency that powers the Quant Network.

It means easier interaction between blockchains, and there is potential for new apps and services.

## Is it worth investing in QNT?

Do your own research and understand the technology before buying QNT.

## How to buy QNT on CoinJar

Create a CoinJar Account: If you don't have one, sign up for a free account on CoinJar.

Verify Your Identity: For security, you'll need to verify your identity with some personal details.

Deposit Funds: Add money to your CoinJar account using a bank transfer or debit card.

Search for QNT: In the CoinJar marketplace, type "QNT" in the search bar.

Buy QNT: Select the amount of QNT you want to buy and click "Buy."

Store Your QNT: Your QNT will be safely stored in your CoinJar wallet.


Quant

Buy Quant Network (QNT): Quant Network and its QNT token are simplifying [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain) connections for businesses and everyday users. How? Imagine if all video game consoles could play together. That's what Quant Network is trying to do, but for blockchains (the technology behind cryptocurrencies like Bitcoin).

## Why should blockchains talk?

Blockchains are great for protection, but they often work alone. This means it's hard to share information or use different cryptocurrencies together. [Quant Network](https://quant.network/) is like a universal translator, helping to make it less complex for different blockchains to understand each other.

## QNT token: The fuel of the network

QNT is the special token that powers Quant Network. It's like the coins you need to play arcade games. Developers buy QNT to build new apps on the network, and users can hold QNT as an investment.

If you use cryptocurrency, Quant Network could improve the process in the future. It might mean new apps can use different blockchains together. Think of it like being able to use your phone anywhere in the world without worrying about roaming charges.

## Important points about QNT

The network is a project that aims to connect different blockchains. The QNT token is the digital currency that powers the Quant Network.
It means smoother interaction between blockchains, and there is potential for new apps and services.

## Is it worth investing in QNT?

Do your own research and understand the technology before buying QNT.

## How to Buy QNT on CoinJar

Create a CoinJar Account: If you don't have one, sign up for an account on CoinJar.

Verify Your Identity: For protection, you'll need to verify your identity with some personal details. UK residents are required (in accordance with local legislation) to complete an assessment and to wait 24-hours (see below).

Deposit Funds: Add money to your CoinJar account using a bank transfer or debit card.

Search for QNT: In the CoinJar marketplace, type "QNT" in the search bar.

Buy QNT: Select the amount of QNT you want to buy and click "Buy."

Store Your QNT: After buying crypto on CoinJar, consider these [storage](https://www.coinjar.com/au/learn/how-to-store-crypto) options:

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 keeps the vast majority of customer assets in cold storage or private multi-sig wallets and maintains full currency reserves at all times.



Buy Quant Network (QNT): Quant Network and its QNT token are simplifying [blockchain](https://www.coinjar.com/au/learn/what-is-blockchain) connections for businesses and everyday users. How? Imagine if all video game consoles could play together. That's what Quant Network is trying to do, but for blockchains (the technology behind cryptocurrencies like Bitcoin).

## Why should blockchains talk?

Blockchains are great for security, but they often work alone. This means it's hard to share information or use different cryptocurrencies together. [Quant Network](https://quant.network/) is like a universal translator, making it easier for different blockchains to understand each other.

## QNT token: The fuel of the network

QNT is the special token that powers Quant Network. It's like the coins you need to play arcade games. Developers buy QNT to build new apps on the network, and users can hold QNT as an investment.

If you use cryptocurrency, Quant Network could make things easier in the future. It might mean faster transactions, more options for trading, and even new apps that use different blockchains together. Think of it like being able to use your phone anywhere in the world without worrying about roaming charges.

## Important points about QNT

The network is a project that aims to connect different blockchains.

The QNT token is the digital currency that powers the Quant Network.

It means easier interaction between blockchains, and there is potential for new apps and services.

## Is it worth investing in QNT?

Do your own research and understand the technology before buying QNT.

## How to buy QNT on CoinJar

Create a CoinJar Account: If you don't have one, sign up for a free account on CoinJar.

Verify Your Identity: For security, you'll need to verify your identity with some personal details.

Deposit Funds: Add money to your CoinJar account using a bank transfer or debit card.

Search for QNT: In the CoinJar marketplace, type "QNT" in the search bar.

Buy QNT: Select the amount of QNT you want to buy and click "Buy."

Store Your QNT: Your QNT will be safely stored in your CoinJar wallet.


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. 



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