AirSwap defines itself as a decentralized, peer-to-peer token trading network supported by Ethereum. AirSwap aims to make token trading secure, simple, and free. Its mission is to empower people with global transactions. AirSwap implements the Swap protocol and currently has three products: Instant, Spaces, and DexIndex.
What is Airswap (AST)?
The AirSwap platform operates by enabling users to communicate about which tokens they want to exchange and at what price. When both parties are ready to complete the exchange, the Swap Protocol, an Ethereum smart contract, executes the transactions.
The platform has the advantage of being a decentralized exchange because users have full control over their funds until the transaction is executed, giving both parties control over the transaction.
In addition, AirSwap’s founding partners are Michael Oved, Sam Tabar, and Don Mosites, who are also the founding partners of Fluidity, the parent company of AirSwap.
Unlike most exchanges, there is no fee to use AirSwap, so AST is not used to pay trading fees. Instead, it functions as a way to broadcast trades on the AirSwap network. Investors can also use AST for staking transactions.
At the time of preparing this article, AST Coin, trading at 0.1444 USD, is also trading at 0.000004603 BTC in the AST BTC trading pair. According to CoinMarketCap data, AST Coin ranks 422nd with a trading volume of 21,529,982 USD and it’s worth noting that its trading volume in the last 24 hours was 2,654,211 USD.
Additionally, AST Coin, which hit a record high of 2.08 USD on January 10, 2018, saw its lowest level at 0.0070 USD on March 13, 2020. Currently, there are 150,000,000 AST coins in circulation.
AST coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.
Where to Buy AST Coin?
After creating an account on the Binance exchange, you can quickly purchase AST coin by following the steps below. It’s beneficial to note that the main factors for investors choosing Binance are liquidity, security, and speed.
- To buy AST Coin, first send USD to the exchange or alternatively buy a cryptocurrency that can be used instead. For this, first go to the Binance homepage, click on the “Buy Crypto” option at the top left, and then click on the “Credit/Bank Card” tab.
- In the opened tab, select how much USD you want to transact with, and mark Bitcoin, i.e., BTC, in the Coin section.
- After buying BTC, preview the “Buy-Sell” option at the top left again and click on the “Classic” tab.
- In the opened section, select the BTC tab from the top right, enter AST in the search button, and select the opened AST/BTC pair below.
- Then come to the middle “BUY AST” tab and enter the amount you want to buy.
- Enter the amount you want and complete the AST Coin purchase process by confirming the transaction.
In addition, on Binance, you can create a purchase order at a lower price than the current price by entering the amount you want to buy. For this, use the Limit tab and simply enter the amount you want to buy and the price you want to buy at.
