This week’s AMP crypto asset will be listed on Indodax. Open deposit will start on Wednesday, July 8th, 2021 at 14:00 WIB (GMT+7) and open trading will start on Thursday, July 9th, 2021 also at 14:00 WIB (GMT+7).
The AMP platform is very unique. AMP provides crypto assets such as USDC, ALGO, BCH, ZEC, and many more to become instantly verifiable collateral for any real-world application.
Still confused? Don’t worry, because, before buying, it is important for you to find the background of a project so that you can have the most suitable crypto asset. And this time, Indodax Academy will share and you can read this article to get to know more about AMP.
What is AMP?
AMP is described as a new digital collateral token that offers instant and verifiable guarantees for any kind of value transfer. Using AMP, networks like Flexa can secure transactions quickly and permanently for a variety of asset-related use cases. AMP helps you decentralize risk for users with smart contract features built specifically for collateral.
AMPs are designed to be as flexible and durable as possible into the future. The AMP open source license makes it possible to create and deploy a custom assurance manager for your application in order to interact with AMP on your own terms.
AMP can guarantee any type of asset transfer, whether digital or physical. Today, $AMP provides assurance for instant and anti-fraud transactions made using over 25 different digital assets.
Amp can collateralize any type of asset transfer, whether digital or physical. Today, $AMP is providing the collateral for instant, fraud-proof transactions made using more than 25 different digital assets. #Amp101 pic.twitter.com/v5Dzfg4F5B
— Amp (@amptoken) June 7, 2021
How does it work?
AMP claims to offer a simple yet versatile interface for collateral which can be verified via the collateral partitioning system and collateral manager. Where a collateral partition can be designated to collateralize any account, application or even transaction, and carry a verifiable balance directly on the Ethereum blockchain, a collateral manager is a smart contract that can lock, release, and redirect collateral in this partition as needed. to support value transfer activities.
AMP supports a wide variety of use cases for collateral, and also introduces the concept of a predefined partition strategy, which can enable special capabilities such as a collateral model where tokens can be staked without ever leaving their original address.
AMP Coin Price Based on Coinmarketcap
Last 24 hour AMP trading volume was $24,877,240 USD, prior to listing on Indodax. His current ranking on CoinMarketCap is #80, with an immediate market cap of $1,137,622,087 USD.
AMP has an outstanding supply of 42,227,702,186 AMPs and max. supply of 99,213,408,535 AMPs. AMP uses the AMP/IDR pair with the last price of 386 IDR on Indodax.
How to Buy AMP Crypto Coin Assets on Indodax
For those of you who want to buy AMP crypto assets, you can buy them on Indodax starting July 8, 2021 at 14:00 WIB. Here’s how to buy AMP crypto assets:
- For those of you who are not yet a member, you can click the link here
- After that, make a deposit. For those of you who are confused about how to deposit, click on this link
- After your deposit and balance come in, you can return to the market
- Look for AMP in the Rupiah market then click
- After logging in, you just have to buy by filling in your balance and at what price you want to buy AMP. You can also buy it instantly or directly at the current price
- After that, you need to patiently wait for the price to increase for some time
- After the price increases, you can sell it at a higher price with the instant method
- If you sell with the limit method, you can place orders after buying. Make sure you enter a higher number when selling.
