What currency is Artrade (ATR)?

Artrade (ATR), founded in 2019, is an Ethereum-based cryptocurrency with various use cases, including medium of exchange, store of value, and cross-border remittances.

Jan 03, 2025 at 02:27 am

Key Points:

• Overview of Artrade (ATR)
• Origin and Founders
• Technical Specifications
• Use Cases
• Trading Fees
• Wallets and Storage
• Market Performance

What is Artrade (ATR)?

Artrade (ATR) is a decentralized cryptocurrency designed for use as a medium of exchange and a store of value. It operates on the Ethereum blockchain and leverages the ERC-20 token standard. ATR aims to provide users with a secure, transparent, and efficient crypto experience.

Origin and Founders

Artrade was founded in 2019 by a team of experienced blockchain developers and entrepreneurs. The project's mission is to make decentralized finance accessible to the masses by creating an ecosystem that encourages adoption and economic growth.

Technical Specifications

• Token Name: Artrade
• Token Symbol: ATR
• Blockchain: Ethereum
• Token Standard: ERC-20
• Supply: 100 million ATR
• Decimal Precision: 18

Use Cases

Artrade serves various use cases, including:

• Medium of Exchange: ATR can be used to purchase goods and services from merchants that accept cryptocurrencies.
• Store of Value: ATR's limited supply and decentralized nature make it an attractive store of value for long-term investors.
• Staking: ATR holders can stake their tokens to earn passive rewards and participate in the network's governance.
• Cross-Border Remittances: ATR offers a low-cost and efficient alternative to traditional remittance services.

Trading Fees

When trading ATR on exchanges, users may incur fees such as:

• Maker Fees: Paid by users who submit orders that add liquidity to the market.
• Taker Fees: Paid by users who submit orders that remove liquidity from the market.
• Withdrawal Fees: Charged by exchanges when users withdraw ATR to external wallets.

Wallets and Storage

ATR can be stored in various software and hardware wallets that support ERC-20 tokens. Some popular options include:

• Software Wallets: MetaMask, Trust Wallet, Coinbase Wallet
• Hardware Wallets: Ledger Nano X, Trezor Model T

Market Performance

ATR's price is influenced by factors such as market sentiment, adoption rates, and overall cryptocurrency trends. The token has seen significant price fluctuations since its launch.

FAQs

• What is the purpose of Artrade?

  • Artrade aims to provide a secure, transparent, and efficient medium of exchange and store of value for users.

• Is Artrade a reliable cryptocurrency?

  • Artrade is based on the robust Ethereum blockchain, providing it with a high level of security and reliability.

• Where can I buy ATR?

  • ATR is available for trading on several cryptocurrency exchanges, including Uniswap, and Binance.

• Is ATR a good investment?

  • Like all cryptocurrencies, ATR's investment potential depends on market factors and individual risk tolerance.