Welcome to this post, where we will see how you can buy Astar in the best possible way using reliable platforms and paying low commissions. In a simple and easy way, so you can get your cryptocurrencies as soon as possible, without wasting much time in the process.Â
You can find more information about the project after the step-by-step guide to get more information before buying the cryptocurrency, with a brief summary and information about what the project behind the token is.
Where to buy Astar
To buy this cryptocurrency, we will use two platforms, Binance and gate.io, where you can create an account just below if you don’t already have one to follow the steps. Below you will also find a step-by-step video that explains how to proceed so you can see more clearly and not miss any steps.
In case you can’t see the video, we will now go through the more detailed steps so you don’t get lost until you buy your cryptocurrencies.Â
Step by step
Astar is not currently available on many platforms where you can buy and sell it. You can buy it decentrally on uniswap, although the fees are much higher and it is more complex if you are new to cryptocurrencies and have never used a wallet before. Fortunately, we can use gate.io to buy this cryptocurrency with lower fees and in a much simpler way.Â
The first step is to deposit funds into your gate.io account. For this, the best and most viable option is to send them from another Exchange, since the platform does not have the ability to buy cryptocurrencies via credit card or bank transfer, or if it does, the fees are usually higher than with this method. I recommend checking to see if there is a credit card deposit option at gate.io and what fees they charge for this. If the fees are low, you can save yourself the step of using Binance. If not, just follow the steps we are going to look at now.
To do this, we will use Binance, and send tether (USDT), since this is the cryptocurrency used and needed to buy Astar.
In our case, we already have USDT in our deposit account, if you don’t know how to buy USDT, after you have deposited your currency, in our case euros, you will have to look for the eur/usdt pair or your currency. Click on this pair, on your computer go to markets and fiat markets, and with your cell phone go to markets, next to the house.Â
Once in this pair, we must go sell, indicating the amount we want to exchange our currency, eur, dollars or the currency you have for USDT. Indicate the amount, click sell, and in this simple way you will have USDT in your balance.Â
With the usdt, go to the folder, the spot folder and click withdraw.
Now we have to go to gate.io, and go to the depository. In the depository, we will look for the USDT. Here we click on the tron/TRC-20 network, of all the networks, because it has the lowest commissions and only costs a dollar commission. We copy the address and paste it into Binance. Once in Binance, we enter the address, tron network, trc-20 and the amount to withdraw usdt. We confirm with our email and cell phone, and that’s it. Don’t forget to indicate the trc-20 network to save commissions and not have any problems.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
Then you’ll have to wait until you can see the USDTs on your gate. For the balance, it can usually take a few minutes before you have them ready to use. Once they appear, go to my funds and search for usdt or tether and click trade.
You will see the buy and sell cryptocurrency panel, here look for ASTR, and you will see the ASTR/usdt pair. Scroll down and enter the amount you want to buy from Astar. Here, if you want to use all your usdt, just click on the number above and the total will be placed. At the top of the Pricing page, you will see the current cryptocurrency price. Once you have the amount, all you have to do is click the buy button.
In some cases the order may take some time to be executed, if you want to buy immediately I suggest you click on the price and indicate +1%, and likewise when you want to sell and want the transaction to be executed instantly. If +1% still has the same problem, try switching to +3%, keeping in mind that you will pay 3% more than the market price.
So now you own Astar, and to see this, go back to my fund or spot account to see how much we have. As you can see, your balance now shows the cryptocurrency you just purchased.
Once you want to sell it, we will go to the same panel as the previous one, but this time we will go to the red sell button. We will indicate the amount we want to sell and click on sell. This way, you can have USDT again and send it to Binance to withdraw it from your bank account. You can also use USDT to buy another cryptocurrency you are interested in.
If you don’t want to sell your cryptocurrencies, you can always remove them from the platform and send them to your wallet for safekeeping or use them on other platforms.
Platform: Gate.io
Min. Deposit: $10
License: Cysec
New cryptocurrencies (ICO’s)
Growing exchange
What is Astar?
Multi Chain Polkadot DApp Hub
Formerly known as Plasm Network
Astar is Polkadot’s native dApp hub that supports Ethereum, WebAssembly, dApp Staking, and Layer2 solutions.
Building the leading multi-chain smart contract hub that supports: NFT, DEFI and DAO.
The heart of the multi-chain future
Astar Network is the gateway to the future of multi-chain. We connect multiple Layer 1 blockchains to Polkadot through the Astar Network.
Transaction
All transactions on the chain have commissions.
Government on the chain
The ASTR token is used to facilitate governance activities such as voting and referendums.
putting into play
ASTR token holders can stake ASTR tokens both in the dApp and on the network. By doing so, the punter can earn ASTR tokens
Layer2
Layer 2 app developers make a deposit to their Layer 1 smart contract and build Layer 2 apps.
Astar Network is a scalable and interoperable infrastructure for Web3.0. Since the Astar Network is built on Parity’s Substrate framework, it may be a future Polkadot parachain that also acts as a scalable smart contract platform. The Polkadot Relaychain, by design, does not support smart contracts. This allows Astar the opportunity to fill this void. Scalability is obviously one of the most crucial demands that dApp developers have. Ideally, developers can build any application on the Astar Network without having to consider its scalability.
The community work is held under a public domain license at
https://github.com/PlasmNetwork
Astar Network is an open source project. There are many opportunities to get involved in our ecosystem.
Astar Network’s mission is to provide a scalable, interoperable and decentralized application platform that defines and realizes the new form of the web: Web3.0.
The traditional social structure allows people in authority to monopolize information, and history has shown that these people will bend the rules to their advantage. Although people claim that their system is fair, it still lacks transparency, which shows that everything is still built on pillars of sand called trust. In contrast to this, blockchain provides a decentralized system that does not require a single point of failure and makes the system transparent and trustless. This is possible because blockchain is a system that allows anyone to view, test and host with a highly fault-tolerant consensus mechanism.
For end users to fully utilize the strengths of the blockchain protocol, there must be an application that provides an interface for them. Applications that run on top of blockchains are called decentralized applications (dApps). There are countless dApps developed in the form of smart contracts and chain codes that are deployed on a blockchain, providing utility to various people. However, due to the decentralized nature of dApps, the processing speed is far from fast.
Astar Network has implemented some functions that can be accessed from the following links to solve this problem.
Platform: Gate.io
Min. Deposit: $10
License: Cysec
New cryptocurrencies (ICO’s)
Growing exchange
