Buy Premia
What is Premia?
Premia is a decentralised token that aims to be the next-generation options automated market maker (AMM) provider and metavaults on the Ethereum blockchain. It facilitates the buying and selling of options, allowing users to earn market yield on DeFi assets and offers protection through risk hedging.
How does Premia work?
Premia operates on the Ethereum blockchain, employing a set of smart contracts for peer-to-peer market making and trading of options on ERC-20 tokens. It utilises a bonding curve mechanism for liquidity and price discovery. The platform consists of the Premia Protocol, Premia Vault Depot, and the Premia Interface, with governance enabled through staking.
What are the potential use cases for Premia?
Potential use cases for Premia include decentralised options trading, peer-to-peer market making, hedging risks in DeFi assets, earning yield on DeFi assets, and participating in liquidity mining programs. The platform also serves governance purposes, enabling users to participate in decision-making.
What is the history of Premia?
Premia started as a peer-to-peer options exchange in early 2021 with its first version and has since evolved through multiple versions. Premia v1 was deprecated in late 2021 in favour of an AMM-based approach in Premia v2. The most recent update, Premia v3, launched in Q3 2023, introducing a concentrated AMM-based framework with a peer-to-peer order network.
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Frequently Asked Questions (FAQs)
What is the current price of Premia (PREMIA)?
The Premia price is $0.24687342 AUD, representing a +0.33% from the day prior.
Where is the best place to buy Premia (PREMIA) in Australia?
The best place to buy Premia (PREMIA) 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 Premia (PREMIA) 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 Premia (PREMIA)?
The trading volume of Premia (PREMIA) is $187 AUD in the last 24hrs, representing a +0.33% from the day prior.
How can I buy Premia (PREMIA)?
Premia (PREMIA) 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 Premia (PREMIA)?
The current market cap of Premia (PREMIA) is $10.8M AUD.
Can I convert Premia (PREMIA) to cash?
Yes - With Coinstash you can convert your Premia (PREMIA) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Premia (PREMIA) are there?
The current circulating supply of Premia (PREMIA) is 46.0M.
Is Coinstash a safe place to buy Premia (PREMIA) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Premia (PREMIA) 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.