How to buy Ampleforth (AMPL) in Australia
A beginner's guide to buying and selling AMPL in Australia.
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How to buy Ampleforth
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Ampleforth.
- Open an account on an exchange that supports AMPL.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Ampleforth.
- Buy Ampleforth.
Complete your Ampleforth purchase and then find the best wallet to store AMPL.
What is Ampleforth?
Ampleforth is a digital-asset protocol that makes use of unique token distribution and production design such that it adjusts the value of its native AMPL cryptocurrency as per its market demand at any given point. So for example, when there is more consumer demand for AMPL, the system automatically starts to increase the overall supply of the token and vice versa. And while on paper, AMPL seems to serve the exact same function as various stablecoins much like USDT, USDC — since it always maintains its value in relation to the American dollar — it bears mentioning that the token is not backed by any fiat asset nor is its value supported by a crypto-pegged currency such as MakerDAO’s DAI stablecoin.
Ampleforth (AMPL) is the 194th largest cryptocurrency in the world by market cap, valued at $188,854,957. The current price of Ampleforth is $0.864003, which is 4.003% higher than yesterday. Prices have ranged between $0.876941 and $0.822327 over the past 24 hours. All prices are listed in US dollars and accurate as of June 14, 2021 01:06 UTC.
Where to buy AmpleforthFind an exchange to buy, sell and trade AMPL by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Ampleforth at a glance
|Total AMPL supply||248,993,571|
|All time high||US$4.07|
|Notable team members||Evan Kuo, Brandon Iles|
|Partnerships||NEAR, Polkadot, TRON, Compound Finance, Chainlink|
Ampleforth price performance over time
How to sell Ampleforth
You can cash out your AMPL with the same exchange you bought it through:
- Sign in to the exchange you have AMPL on.
If you store your Ampleforth in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of AMPL you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Ampleforth.
What to consider when buying cryptocurrencyBuying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:
- Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
- Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
- Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.
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