Buy Arweave AR
What is Arweave (AR)?
Arweave is a decentralised storage network designed to store data permanently and securely. It uses a blockchain-like structure called the blockweave, enabling users to pay a one-time fee for lifetime data storage that remains accessible and resilient against censorship or loss.
How does Arweave (AR) work?
Arweave leverages its unique blockweave technology and a consensus mechanism called Proof of Access (PoA), which incentivizes miners to store and efficiently retrieve data. Unlike traditional blockchains, the blockweave ensures scalable and cost-effective permanent storage across a decentralised network of nodes.
What are the potential use cases for Arweave (AR)?
- Archiving: Permanent storage of web pages, digital content, and scientific data.
- Decentralised Applications: Reliable data storage for dApps.
- Cultural Preservation: Safeguarding historical documents and cultural heritage.
- Industries: Data storage, web development, and cultural preservation benefit from Arweave's unique capabilities.
What is the history of Arweave (AR)?
Arweave was created to address the challenges of data permanence and accessibility in traditional storage solutions. While specific details about its origins and milestones are limited, it has gained recognition as a reliable platform for decentralised and permanent data storage, supporting a range of applications and industries.
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Frequently Asked Questions (FAQs)
What is the current price of Arweave (AR)?
The Arweave price is $27.62 AUD, representing a +3.22% from the day prior.
Where is the best place to buy Arweave (AR) in Australia?
The best place to buy Arweave (AR) 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 Arweave (AR) 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 Arweave (AR)?
The trading volume of Arweave (AR) is $263.4M AUD in the last 24hrs, representing a +3.22% from the day prior.
How can I buy Arweave (AR)?
Arweave (AR) 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 Arweave (AR)?
The current market cap of Arweave (AR) is $1.8B AUD.
Can I convert Arweave (AR) to cash?
Yes - With Coinstash you can convert your Arweave (AR) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Arweave (AR) are there?
The current circulating supply of Arweave (AR) is 65.5M.
Is Coinstash a safe place to buy Arweave (AR) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Arweave (AR) 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.