Buy ARK
What is ARK?
ARK is a blockchain ecosystem that focuses on interoperability and ease of use for developers to create their own blockchains. It functions as an ecosystem designed to popularise and simplify various interactions and transactions within the virtual space, aiming for mass cryptocurrency adoption.
How does ARK work?
ARK operates through a lean and efficient blockchain structure, utilising a main chain and multiple side chains to ensure high scalability. Its SmartBridge technology enables communication and interoperability between different blockchains. The platform uses a Delegated Proof-of-Stake (DPoS) consensus mechanism where network users elect delegates to validate transactions, providing scalability and efficiency. ARK also introduces ARK Logic, a suite of development tools that reinvents smart contracts, allowing for customizable blockchain applications.
What are the potential use cases for ARK?
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Interoperability and Cross-Chain Transactions: ARK's SmartBridge technology facilitates seamless communication between blockchains, enabling cross-chain transactions.
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Decentralized Applications (dApps): ARK supports the development of dApps with its smart contract capabilities, offering enhanced scalability and speed.
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E-commerce and Retail: Through platforms like ARKShop, ARK tokens can be used for purchasing products and services.
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Financial Services: ARK tokens can be utilised in voting for delegates and for investment purposes, enhancing decentralised governance.
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Blockchain Development: Its modular design supports developers in creating customised blockchains.
What is the history of ARK?
ARK was launched in February 2017 by a global team of developers. Founded by François-Xavier Thoorens, who previously worked on Lisk, it drew inspiration from Bitshares, Lisk, and Crypti. In 2018, ARK underwent a significant upgrade through a hard fork to ARK Core V2, enhancing its efficiency and security. Focused on interoperability, ARK has evolved into a notable player in the blockchain industry, offering a versatile platform for various applications and fostering cross-chain transactions.
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The information presented in this comparison table is for educational purposes only and is not an investment recommendation for your personal circumstances. Past performance is not an indicator of future performance.
The data points in this table are sourced as follows: ASX200 from Google’s ASX200 index price, Gold from ABC Bullion’s website (abc bullion.com.au), and BTC from CoinGecko (coingecko.com.au). All data is recorded at 10 am AEST on the first day of each calendar month.
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Frequently Asked Questions (FAQs)
What is the current price of ARK (ARK)?
The ARK price is $0.84799046 AUD, representing a +0.9% from the day prior.
Where is the best place to buy ARK (ARK) in Australia?
The best place to buy ARK (ARK) 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 ARK (ARK) 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 ARK (ARK)?
The trading volume of ARK (ARK) is $17.2M AUD in the last 24hrs, representing a +0.9% from the day prior.
How can I buy ARK (ARK)?
ARK (ARK) 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 ARK (ARK)?
The current market cap of ARK (ARK) is $153.6M AUD.
Can I convert ARK (ARK) to cash?
Yes - With Coinstash you can convert your ARK (ARK) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many ARK (ARK) are there?
The current circulating supply of ARK (ARK) is 185.7M.
Is Coinstash a safe place to buy ARK (ARK) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling ARK (ARK) 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.