$ 0.114 USD
$ 0.114 USD
$ 154.585 million USD
$ 154.585m USD
$ 1.751 million USD
$ 1.751m USD
$ 11.686 million USD
$ 11.686m USD
98.554 million ABT
Issue Time
2018-02-27
Platform pertained to
--
Current price
$0.114USD
Market Cap
$154.585mUSD
Volume of Transaction
24h
$1.751mUSD
Circulating supply
98.554mABT
Volume of Transaction
7d
$11.686mUSD
Change
24h
+4.58%
Number of Markets
35
More
Warehouse
ArcBlock Public Repo
Github's IP Address
[Copy]
Codebase Size
106
Last Updated Time
2020-04-29 23:30:22
Language Involved
--
Agreement
--
Current Rate0
0.00USD
3H
-0.96%
1D
+4.58%
1W
+8.05%
1M
+11%
1Y
-29.63%
All
-46.48%
Aspect | Information |
Ecosystem | ABT |
Full Name | Arcblock |
Founded Year | 2017 |
Support Exchanges | Coinbase Exchange, Kraken, Bitkub, Gate.io, BingX, LATOKEN, Bitget, Uniswap V3, Cofinex, and Binance. |
Storage Wallet | Hardware Wallet,Software Wallet,Paper Wallet,Online Wallet,Desktop Wallet,Mobile Wallet.etc |
Customer Support | https://x.com/ArcBlock_io?locale=en |
Overview of Arcblock(ABT)
The Arcblock (ABT) token is an ERC-20 utility token that plays a vital role within the Arcblock ecosystem. It is used to facilitate various operations such as transaction fees, service payments, and rewards within the platform.
The ABT token enables users to access and utilize Arcblock's blockchain infrastructure and services, including the Blocklet framework, decentralized identity solutions, and other development tools. Its value and utility are driven by the adoption and use of Arcblock's technologies in creating decentralized applications and managing digital identities.
Pros and Cons
Pros | Cons |
Thorough Ecosystem | Complexity for New Users |
Innovative Identity Solutions | Adoption Rates |
Versatile Development Platform | Competitive Market |
Ease of Integration | Dependency on Blockchain Growth |
Active Community and Support | Technical Challenges |
Crypto Wallet
ArcBlock (ABT) tokens can be securely stored in the DID Wallet, a decentralized digital wallet developed by ArcBlock that utilizes W3C Decentralized Identifiers (DIDs) to manage both digital identities and assets.
The DID Wallet supports multiple blockchain protocols and digital assets, and is compatible with DID Connect and Wallet Connect protocols. The latest version, 5.1, enhances the QR code scanning experience, improves the user interface for application details, and includes features like identifying Ethereum addresses and warning users about blacklisted addresses.
What Makes Arcblock(ABT) Unique?
Arcblock stands out in blockchain space with its unique approach to decentralized application development, emphasizing user-friendly design and enterprise-grade solutions.
Its distinctive Blocklet Technology allows for the creation of modular, reusable components, which significantly speeds up development time and flexibility. Arcblock also integrates decentralized identity protocols (DID), which provide a more secure and verifiable identity management system, enhancing trust and usability across various applications.
How Does Arcblock(ABT) Work?
Arcblock operates through a network of interconnected services and components designed to facilitate the development and deployment of decentralized applications.
At its core is the Blocklet Framework, which serves as the foundation for creating and managing blocklets—small, reusable components that can function independently or together. These blocklets are hosted on the Arcblock platform, utilizing cloud services for scalability and performance.
Additionally, Arcblock's Open Chain Access Protocol (OCAP) allows developers to interact easily with multiple blockchain technologies, ensuring that applications are not limited to a single blockchain. This framework not only simplifies the development process but also enhances interoperability and scalability within the blockchain ecosystem.
Exchanges to Buy Arcblock(ABT)
You can purchase Arcblock (ABT) from the following exchanges:
Coinbase - Known for its user-friendly interface and regulatory compliance, making it a reliable choice for traders.
See this link to buy ABT:https://www.coinbase.com/zh-cn/how-to-buy/arcblock
Kraken - Offers a wide range of cryptocurrencies and is well-regarded for its security features and user experience.
See this link to buy ABT:https://www.kraken.com/prices/arcblock
To buy Arcblock (ABT) on Kraken, follow these steps:
Create and Verify Your Account: Sign up on Kraken's website and complete the verification process by providing the necessary identification documents.
Deposit Funds: Log in to your account, navigate to the “Funding” tab, and deposit funds using your preferred method, such as a bank transfer or cryptocurrency transfer.
Buy Arcblock (ABT): Go to the “Trade” tab, select the ABT trading pair (e.g., ABT/USD), enter the amount of ABT you wish to purchase, and confirm the transaction.
Secure Your ABT: Transfer your purchased ABT tokens to a secure wallet, such as a hardware or reputable software wallet, to ensure their safety.
Bitkub - A leading exchange in Thailand, providing an option to trade ABT with the Thai Baht.
Gate.io - Provides multiple trading pairs for ABT, including USDT and ETH, and is known for its wide selection of cryptocurrencies.
BingX - Features ABT trading against USDT and is recognized for its easy-to-use platform
How to Store Arcblock(ABT)?
Storing Arcblock (ABT) securely involves choosing the right type of wallet that suits your needs for security, accessibility, and convenience. Here are common methods to store your ABT tokens:
Hardware Wallets: These provide the highest security for storing your ABT as they keep your private keys offline, making them immune to hacking and malware. Popular hardware wallets that support ABT include Ledger and Trezor.
Software Wallets: These are applications you can download to your computer or smartphone. They offer convenience for frequent access and transactions. For ABT, you can use wallets like Trust Wallet or MetaMask, which support ERC-20 tokens.
Mobile Wallets: Similar to software wallets, mobile wallets are apps installed on your mobile device. They provide easy access for on-the-go transactions and can be secured with biometric features like fingerprint or face recognition. Examples include Trust Wallet and Coinbase Wallet.
Web Wallets: These wallets run on browsers and do not require any downloads. They offer quick access and ease of use but are generally less secure than hardware and software wallets. They are best for small amounts or temporary storage. MyEtherWallet is an example that supports ABT.
Paper Wallets: For those who prefer a cold storage option away from digital devices, paper wallets can be used. This involves printing out your public and private keys on paper and storing them in a safe place. Paper wallets require careful handling to avoid loss or damage.
Is It Safe?
The safety of Arcblock (ABT) depends on several factors, including its technological framework, security features, and community trust. Here are some key points to consider:
Blockchain Technology: ABT operates on the Ethereum blockchain as an ERC-20 token, benefiting from Ethereums robust security features and widespread use. Ethereum's security is well-regarded in the blockchain community.
Smart Contract Security: The security of ABT also relies on the integrity of its smart contracts. While there have been no widely reported security breaches specific to Arcblock, its crucial to ensure the smart contracts are regularly audited and updated.
Storage Security: How you store your ABT tokens significantly impacts their safety. Using hardware wallets (like Ledger or Trezor) provides the highest security by keeping private keys offline, thereby protecting against hacks and malware. Software and mobile wallets also offer good security but require careful management of private keys and device security.
Community and Developer Support: Arcblock has an active community and a team that continuously works on improving the platform. Active development and community engagement are positive indicators of a project's reliability and responsiveness to potential security issues.
Market Trust and Reputation: Arcblock has partnerships and integrations with various other blockchain projects, adding to its credibility. However, as with any investment, its crucial to conduct thorough research and stay updated with the latest information from reliable sources.
How To Earn Arcblock(ABT)?
Earning Arcblock (ABT) tokens can be accomplished through several methods, depending on your involvement in the ecosystem and your expertise. Here are some common ways to earn ABT:
Staking: Some platforms will offer staking opportunities where you can lock up your ABT tokens in a wallet to help secure the network. In return, you earn rewards in the form of additional ABT tokens.
Providing Services and Development: If you are a developer, you can earn ABT by building and deploying decentralized applications (dApps) using Arcblock's platform. This can include creating and selling blocklets, which are reusable components within the Arcblock ecosystem.
Participating in Bounties and Grants: Arcblock or related projects will offer bounties and grants for developers who contribute to their ecosystem by identifying bugs, improving code, or developing new features. Participating in these programs can reward you with ABT tokens.
Liquidity Mining: Some decentralized exchanges (DEXs) will offer liquidity mining programs where you can provide liquidity to ABT trading pairs and earn rewards in ABT or other tokens. This involves depositing ABT and another token into a liquidity pool to facilitate trading on the platform.
Airdrops and Giveaways: Occasionally, Arcblock will conduct airdrops or giveaways to distribute tokens to its community. These events are typically announced on their official channels, and participating or holding certain amounts of ABT can qualify you for these distributions.
Trading: Engaging in trading ABT on cryptocurrency exchanges can also be a way to earn tokens. By buying low and selling high, you can potentially profit from market fluctuations. However, this method involves significant risk and requires market knowledge and experience.
FAQs
How can I buy Arcblock (ABT)?
You can purchase Arcblock (ABT) on several cryptocurrency exchanges, including Coinbase Exchange, Kraken, Bitkub, Gate.io, BingX, LATOKEN, Bitget, Uniswap V3, Cofinex, and Binance.
What are the main uses of ABT tokens?
ABT tokens are used within the Arcblock ecosystem to pay for services such as smart contract execution, transaction fees, and accessing various tools and services provided by the platform, including the Blocklet Store and identity management solutions.
Is Arcblock (ABT) a good investment?
As with any investment, the potential of Arcblock (ABT) depends on various factors, including market conditions, the platform's development progress, and broader adoption of its technology.
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