Ampleforth Price, News and Analysis (AMPL)

Ampleforth (AMPL) Frequently Asked Questions

What is Ampleforth?

Ampleforth is a digital-asset-protocol for smart commodity-money. The Ampleforth protocol receives exchange-rate information from trusted oracles and propagates that to holders of its units (Amples) by proportionally increasing or decreasing the number of tokens each individual holds. For traders, these changes in exchange-rate and quantity translate into changes in Ample’s market capitalization. Traders with short time horizons, especially those using automated or algorithmic approaches, will thus have to devise new strategies to trade Amples. Ultimately, unique trader behavior in response to the protocol’s incentives is expected to produce a step-function-like movement pattern with lower correlation to Bitcoin than existing digital assets. This makes Amples uniquely suited for the following near, medium, and long term uses. (Description provided by CryptoCompare)

How do I buy Ampleforth?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Ampleforth.

Where can I get Ampleforth wallet?

Ampleforth produces its own wallet software that is available for download on its website, which allows you to store Ampleforth on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Ampleforth?

One Ampleforth (AMPL) is currently worth $1.11 on major cryptocurrency exchanges. You can also exchange one Ampleforth for 0.00001836 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Ampleforth in U.S. dollars is $101.02 million.

What hashing algorithm does Ampleforth use?

Ampleforth is a coin that uses the ETH Token algorithm.

What coins are similar to Ampleforth?

The following coins use Ampleforth's ETH Token algorithm and proof-type: Starname, Binance USD, Chainlink, Polygon, Polygon, Axie Infinity, FTX Token, DREP, DREP [old], Dai, THETA, Fantom, Crypto.com Coin, PancakeSwap and Aave.

What is the Reddit page for Ampleforth?

The official Reddit community (subreddit) for Ampleforth is r/ampleforthcrypto.