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COINTURK NEWS > Altcoin News > How to Buy Automata Coin?
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How to Buy Automata Coin?

In Brief

  • Automata Network is a decentralized service protocol that provides middleware-like privacy services for dApps on Ethereum and Polkadot, enabling users to achieve privacy, high certainty, and seamless computation.

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COINTURK NEWS 1 year ago
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Automata Network is a decentralized service protocol that provides middleware-like privacy services for dApps on Ethereum $2,262 and Polkadot, enabling users to achieve privacy, high certainty, and seamless computation.

Contents
What is Automata (ATA)?Where to Buy ATA Coin?

What is Automata (ATA)?

Automata Network was founded by industry professionals and researchers with experience from Zilliqa, LongHash, and the National University of Singapore. Established in 2019, Automata Network received a Web3 Grant (2020) and participated in Web 3.0 Bootcamp (2020), Berkeley Blockchain Xcelerator (2021), and presented at Polkadot Decoding Mainstage (2021). Its investors include KR1, Alameda Research, IOSG Ventures, Divergence Capital, Genesis Block Ventures, and Jump Trading.

Automata Network acts as a decentralized service protocol that provides a privacy middleware layer for decentralized applications (dApps) running on various blockchains. It enables multiple privacy use cases, such as Anonymous Voting and Miner Extractable Value (MEV) reduction, using the latest cryptography, privacy-preserving techniques, and trusted execution environments.

Conveyor, an MEV method developed by Automata Network, aims to create a front-running free zone by taking transactions in a predetermined order and outputting them accordingly.

Proposals, platform upgrades, and network settings can all be created and voted on by ATA token holders. Miners, computation, and storage miners earn ATA tokens by running applications and processing transactions for network users. Additionally, users pay miners with ATA tokens for tasks like data storage and computation.

The platform’s storage solution, Witness, currently supported by Plasm, Clover Finance, Crust, Bounce Finance, MathWallet, and Celer Network, was launched in April 2021.

Where to Buy ATA Coin?

Automata Coin can be securely traded on Binance, the world’s largest cryptocurrency exchange by trading volume. Automata Coin is available on Binance under the pairs ATA/BTC, ATA/USDT, ATA/BNB, and ATA/BUSD.

To purchase ATA, first register on the Binance exchange. After completing registration, transfer cryptocurrency or fiat currency to your Binance wallet. Once the transfer is complete, you can purchase ATA Coin from any of the three pairs listed above. For purchasing with the ATA/USDT trading pair, go to this pair’s interface. In the interface, enter the desired amount in the limit section, and then confirm the purchase by placing a Buy ATA order.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 8 November, 2024 - 2:00 pm 8 November, 2024 - 2:00 pm
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