Blur, an NFT marketplace aimed at creating a fair and community-focused platform for NFT investors and collectors, was launched in October 2022. Blur has rapidly progressed to become one of the top NFT marketplaces on Ethereum $3,238, even surpassing OpenSea in trading volume. The platform gained significant attention with its AirDrop, a strategy that was part of its challenge to OpenSea. In this article, you will find answers to many questions, including what Blur is and how to buy BLUR coin, which was recently listed on the major cryptocurrency exchange Binance.
What Is Blur?
Blur’s primary goal is to empower the NFT trading community. To achieve this, it uses its own cryptocurrency called BLUR. BLUR functions as the platform’s native governance token, enabling holders to participate in governance decisions, earn rewards, and access exclusive features.
Blur is built on Polygon, Ethereum’s Layer 2 scaling solution. It also acts as an NFT aggregator, collecting NFTs from various sources. Future plans include operating an NFT minting platform that allows users to mint their NFTs on Polygon. Additionally, Blur aims to integrate more NFT platforms and protocols, such as SolSea and Metaplex, which are based on Solana $186. Lastly, more social features enhancing user experience and interaction, such as chat rooms, leaderboards, profiles, badges, and more, are part of its future development for a more engaging and inclusive user experience.
BLUR Coin serves as the governance token of the platform, with a total supply capped at 3 billion. Of this supply, 1.1 billion BLUR coins are in circulation. Coin holders can contribute to platform governance by voting on Blur Improvement Proposals (BIPs).
With its user-friendly interface, features like gas fee presets, and fair trading principles, Blur holds a prominent position in the NFT world. Its listing on Binance has further strengthened its steps toward becoming a successful project.
Where to Buy BLUR Coin?
BLUR coin can be purchased on Binance, one of the world’s largest cryptocurrency exchanges. BLUR coin became available for trading on Binance on November 24, listed under the BLUR/BTC, BLUR/USDT, and BLUR/TRY trading pairs.
To buy BLUR coin, users must first sign up for a Binance account if they don’t already have one. After completing the registration process, funds such as cryptocurrency or fiat money like USD must be transferred to the Binance wallet. Once the transfer is complete, BLUR coins can be purchased using any of the three trading pairs mentioned above.
To purchase using the BLUR/USDT trading pair, users need to navigate to the trading interface of this pair. From the limit tab in the trading interface, the desired amount to be purchased is entered into the specified field. Once the amount is entered, the purchase is finalized with a “Buy BLUR” order.