What is the current price of Alephium (ALPH)?

The current price of Alephium (ALPH) is 0.5578692506315531 AUD, representing a -3.25 from the day prior.

Can I buy Alephium (ALPH) on Coinstash?

Yes - you can easily buy and sell Alephium (ALPH) on Coinstash. Simply login or sign up, to start buying Alephium (ALPH) in minutes.

Where is the best place to buy Alephium (ALPH) in Australia?

The best place to buy Alephium (ALPH) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Alephium (ALPH) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Alephium (ALPH)?

The trading volume of Alephium (ALPH) is 588.4K AUD in the last 24hrs, representing a -3.25 from the day prior.

How can I buy Alephium (ALPH)?

Alephium (ALPH) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Alephium (ALPH)?

The current market cap of Alephium (ALPH) is 60.1M AUD.

Can I convert Alephium (ALPH) to cash?

Yes - With Coinstash you can convert your Alephium (ALPH) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Alephium (ALPH) are there?

The current circulating supply of Alephium (ALPH) is 106.9M.

Is Coinstash a safe place to buy Alephium (ALPH) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Alephium (ALPH) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Alephium (ALPH)

What is Alephium?

Alephium is a layer one blockchain designed to address common challenges in traditional blockchains, including scalability, programmability, decentralization, and security. It uses an innovative algorithm known as Proof-of-Less-Work (PoLW) and sharding techniques to enhance throughput and scalability, ensuring rapid transactions and reduced network congestion while maintaining efficiency and security.

How does Alephium work?

Alephium operates on blockchain technology featuring sharding and uses a novel algorithm called BlockFlow. This technology improves scalability through shard division, allowing parallel transaction processing and higher throughput. Alephium employs the Unspent Transaction Output (UTXO) model combined with a Directed Acyclic Graph (DAG) for consensus across shards. Its consensus mechanism, Proof-of-Less-Work (PoLW), reduces energy usage by dynamically adjusting mining requirements. The platform also supports smart contracts via its custom virtual machine, Alphred, and programming language Ralph, enhancing scalability and security.

What are the potential use cases for Alephium?

Alephium's scalable and secure infrastructure is particularly suited for:

Decentralised Finance (DeFi): Enabling secure and efficient smart contracts and decentralized applications.
Financial Services: Secure platforms for lending, borrowing, and trading.
Supply Chain Management: Improving transactional transparency and trust.
Partnerships: Collaborating with entities like DIA for real-time on-chain price feeds and developing cross-chain interoperability solutions.

What is the history of Alephium?

Alephium was founded by Cheng Wang, a cryptography and distributed computing expert, alongside co-founder Alois Cochard. Its development milestones include the whitepaper release in 2019, alpha testing of its protocol in 2020, and its mainnet launch in 2021. Significant advancements include the Leman Network Upgrade, aimed at enhancing performance and developer experience, and ongoing development of cross-chain solutions like the Alephium-Ethereum bridge. Alephium continues to evolve with a focus on scalability and sustainability through advanced technologies.