The most common way to buy Acala is usually through the most popular exchanges and platforms that can be used. However, almost all of them have a similar operation. It is essential to register and make a transfer or link a card in order to be able to buy Acala. Once you log in to the platform, just choose the cryptocurrency you are interested in and proceed to buy it with the exchange rate you have at that precise moment.
Where to buy Acala
To buy Acala, the best option is to use the Binance platform. Although there are other exchanges where you can also buy Acala, Binance offers the best options and the largest variety of cryptocurrencies.
If you don’t have an account with Binance, you can create one here. Now I leave you with a video, so you can see how to buy Acala in the best and easiest way, step by step, so you don’t have any doubts.
Step by Step
To buy Acala, the first thing you need to do is to log in to your Binance account, deposit your funds, either Euro, USD or another currency.
Once you have funds in your account, go to markets, and select your currency pair against USDT (Tether). You will then be able to buy Acala. Once you choose the pair, you have to go to sell, and indicate the amount you want to exchange your currency for USDT, and then buy Acala.
With the USDT purchased, you can go back to the main menu to see that you already have it in your account and the order has been executed. Go back to the market, and look for the ACA/USDT pair, and click on it.
Here, you will see again the same buy and sell panel, where you have to go to buy, to exchange your USDT for the amount of Acala you want. Once you have chosen the amount, click on buy and you will have it.
If you go back to the dashboard, you can see how much Acala you have. Now, you can keep it in Binance to sell it whenever you want, or take it to a wallet for more security.
The most popular digital wallet is Metamask, where you can withdraw your Acala from Binance to keep it in Metamask for extra security. You can also use them in DEFI exchanges.
If you follow these steps, you can have ACA in less than 5 minutes. Register today with Binance so you don’t miss your chance.
What is Alcala?
Polkadot’s DeFi hub
Scale your DApp to Polkadot with Acala, an Ethereum-compatible smart contract platform optimized for DeFi.
Acala is Polkadot’s decentralized financial network and liquidity hub. It is a layer 1 smart contract platform that is scalable, Ethereum-compatible and optimized for DeFi with built-in liquidity and ready-made financial applications. With its trustless exchange, decentralized stablecoin (aUSD), Liquid Staking DOT (LDOT), and EVM+, Acala allows developers to access the best of Ethereum and the full power of Substrate.
Polkadot Economic Hub.
Access DOT-based assets and derivatives, Polkadot’s native decentralized stablecoin, Polkadot ecosystem assets, and cross-chain assets from Bitcoin, Ethereum, and beyond.
The Acala blockchain is customized for DeFi and can continue to be updated without forking to integrate new features requested from developers. For example, blockchain “guardians” automate protocol execution to better manage risk and improve user experience, or transaction fees payable with virtually any token to reduce user friction.
Acala Dollar Stablecoin
Acala Dollar (aUSD) is the programmable primitive built into the Acala network. aUSD is Polkadot’s native decentralized stablecoin backed by DOT, DOT derivatives and cross-chain assets such as BTC.
Acala’s Layer 1 platform offers the best of both Ethereum and Substrate environments. Compatible with established technology stacks, tools and wallets such as MetaMask.
Micro gas tariffs
Acala settles transactions for a fraction of the gas required on other networks.
Thanks to Polkadot’s weight-based fee model, you can count on micro gas fees that vary only slightly depending on the complexity of the transaction.
Accepted on any token
Pay for your gas with virtually any token.
With Acala’s flexible fee tokens, you can settle transactions with USDT, USDC, aUSD, DOT, BTC, ETH and more.
Drive micro gas fees and smart contract execution.
Incentivizes network nodes to monitor and transmit messages to Polkadot.
Empowers the community to vote, elect board members and drive Acala’s development.
Algorithmic risk adjustment
Automatically adjusts risk parameters such as interest rates or collateral ratio.
Allows teams to deploy new substrate palettes on the Acala blockchain via ACA Stake.