Buy Blur
What is Blur?
Blur (BLUR) is a decentralized cryptocurrency and an NFT (Non-Fungible Token) marketplace aimed at professional traders. It operates on the Ethereum blockchain, utilising a Proof-of-Stake consensus mechanism. Blur focuses on providing feeless transactions and supports crypto lending with NFTs as collateral. The platform offers advanced features like real-time analytics, high-speed transactions, and portfolio management tools.
How does Blur work?
Blur functions as a platform on the Ethereum blockchain, leveraging its infrastructure for security and smart contract capabilities. Through a Proof-of-Stake consensus mechanism, it offers reduced computational requirements compared to Proof-of-Work systems. It employs smart contracts to automate processes like tokenization and ownership transfers. The platform also supports a DAO structure, allowing BLUR token holders to partake in governance decisions.
What are the potential use cases for Blur?
The potential use cases for Blur include facilitating NFT purchases and trades, contributing to community governance, and enhancing NFT marketplace trading through its aggregator platform. Additionally, its lending feature through NFTs as collateral expands financial options for users. The platform primarily serves the digital art and collectibles sector, providing essential tools for traders and collectors.
What is the history of Blur?
Blur was co-founded by Tieshun Roquerre and Anthony Liu, leveraging their experience from previous ventures in the crypto space. Initially introduced in early 2022, the platform secured $11 million in seed funding and formally launched in October 2022. It quickly rose to prominence, exceeding competitor platforms in weekly trading volume by the end of 2022. In May 2023, Blur expanded its offerings with the introduction of a perpetual lending protocol called Blend.
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Frequently Asked Questions (FAQs)
What is the current price of Blur (BLUR)?
The Blur price is $0.40810067 AUD, representing a -11.02% from the day prior.
Where is the best place to buy Blur (BLUR) in Australia?
The best place to buy Blur (BLUR) 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 Blur (BLUR) 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 Blur (BLUR)?
The trading volume of Blur (BLUR) is $113.7M AUD in the last 24hrs, representing a -11.02% from the day prior.
How can I buy Blur (BLUR)?
Blur (BLUR) 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 Blur (BLUR)?
The current market cap of Blur (BLUR) is $846.0M AUD.
Can I convert Blur (BLUR) to cash?
Yes - With Coinstash you can convert your Blur (BLUR) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Blur (BLUR) are there?
The current circulating supply of Blur (BLUR) is 2.1B.
Is Coinstash a safe place to buy Blur (BLUR) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Blur (BLUR) 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.