Astar Network can be described as a scalable and interoperable infrastructure for Web3.0. Since Astar Network is built with Parity’s Substrate framework, it may also function as a future Polkadot parachain, serving as a scalable smart contract platform.
What is Astar (ASTR)?
Astar Network is defined as a dApp hub on Polkadot, supporting layer 2 solutions like Ethereum $2,654, WebAssembly, and ZK Rollups. Astar aims to be a multi-chain smart contract platform supporting multiple blockchains and virtual machines.
According to the team, the Polkadot Relay Chain does not support smart contracts. Therefore, it’s essential to have a parachain for all developers looking to build their projects within the Polkadot ecosystem.
Astar states that it was created to provide the best solution for all developers by supporting the EVM and creating a parachain where EVM and WASM smart contracts can coexist and communicate with each other.
Additionally, according to the explanations, the smart contract feature combined with the Layer 2 architecture enables many interesting dApps on the Astar Network.
ASTR emerges as Astar’s native cryptocurrency and includes staking capabilities. Furthermore, ASTR also functions as a governance token.
Where to Buy ASTR Coin?
Astar Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. On Binance, Astar Coin trades in ASTR/BTC, ASTR/USDT, ASTR/ETH, and ASTR/BUSD pairs.
To purchase ASTR, you must first register on the Binance exchange. Once the registration is complete, you should transfer cryptocurrency or fiat currency to your Binance account wallet. After the transfer, you can buy ASTRCoin from any of the pairs mentioned above. For buying through the ASTR/USDT trading pair, go to this pair’s interface. Enter the amount you wish to purchase in the limit section of the ASTR/USDT interface. After specifying the amount, complete the purchase by placing an ASTR Buy order.