Cryptocurrencies

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What kind of currency is APT coin? Introduction to the official website, circulation and trading platform of APT coins

The Move virtual machine on Aptos utilizes the Move programming language for secure smart contract development.

Oct 13, 2024 at 07:06 am

1. Overview of APT Coin

Aptos (APT) is a native cryptocurrency of the Aptos blockchain network, which is a layer 1 blockchain platform for decentralized applications (dApps).

2. Official Website of APT Coin

The official website of Aptos is: https://aptoslabs.com/

3. Circulation of APT Coins

As of August 2023, the circulating supply of APT coins is approximately 130 million. The total supply of APT is 1 billion coins.

4. Trading Platforms for APT Coins

APT coins are traded on various cryptocurrency exchanges, including:

Binance
FTX
Coinbase
Huobi

5. Use Cases of APT Coins

APT coins are used for the following purposes:

Transaction fees on the Aptos network
Gas fees for executing dApp operations
Staking to secure the network and earn rewards
Governance, allowing holders to vote on changes to the network protocol

6. Key Features of APT Coin

High throughput and low latency: Aptos blockchain can process up to 160,000 transactions per second with negligible latency.
Parallel execution: Aptos employs a parallel execution model that allows multiple transactions to be processed simultaneously, increasing transaction speed and efficiency.
Move programming language: The Aptos virtual machine uses the Move programming language, specifically designed for secure smart contract development.
Low gas fees: Transaction fees on Aptos are significantly lower than other comparable blockchains, making it more affordable to use for dApp development.

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