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 founded in mid 2016, running a Token Exchange Campain (TEC) later that year which raised $800K in Bitcoin and other exchanged cryptos. Sound financial planning has allowed the team to become a well-funded entity since its inception. On March 21, 2017, the ARK Public Network went live, hosting the native ARK crypto asset. The ARK business entity formed shortly after, called ARK ECOSYSTEM SCIC. The business entity is commonly referred to as 'ARK.io' which is part of the teams branding as well as the teams website.
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Frequently Asked Questions (FAQs)
What is the current price of ARK (ARK)?
The ARK price is $0.65966012 AUD, representing a -10.57% 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 $39.9M AUD in the last 24hrs, representing a -10.57% 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 $114.3M 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.