Where to Buy Augur (REP) Coin

What is Augur (REP) Coin

Augur (REP) is meant to harness the wisdom of the crowd through prediction markets on a protocol owned and operated by holders of the Ethereum-based Reputation token. In these markets users are said to be able to bet on the outcomes of events such as company performance, election results or even natural phenomena by purchasing shares that would either support or refute the proposed outcomes of such specified events. By design, the user-created markets could return fees to market participants while automating payouts using software meant to be fair, open to all, and completely decentralized.

  • Augur is a trustless, decentralized oracle and prediction market platform running on the Ethereum blockchain. On the platform, anyone can create, monitor or trade in prediction markets about any topic.
  • The system relies on the “Wisdom of Crowds” (i.e., collective intelligence’) via market incentives, “long-tail” dynamics and blockchain technology to securely generate a more accurate, robust and unfiltered array of dynamic event forecasts than any alternative can match.
  • Augur is comprised of a set of smart contracts perpetually deployed on Ethereum, which enables applications deployed to be immune to local outages and censorship from third-parties.
  • The REP token is used for the resolution of markets. Specifically, it is staked for an outcome of a market for anyone wishing to report the correct outcome of a market. It also powers the distributed oracle with the outcomes of events.

How To Buy Augur (REP) Coin

1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Rep coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.

2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.

3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.

4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Augur coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.

How Much is a Augur (REP) Coin

Augur (REP) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.

$ 7.65
Augur (REP)

Augur (REP) Coin Review

You can learn more about Augur (REP) coin reviews and information on cryptocurrencies by visiting their official page available in the following.