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Latest cryptocurrency news > ALTCOIN > Ambire Simplifies Digital Advertising
ALTCOIN

Ambire Simplifies Digital Advertising

BH NEWS
Last updated: 2 August 2024 20:02
BH NEWS 1 year ago
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Ambire, formerly known as AdEx Network, has positioned itself as a next-generation solution for digital advertising and a DeFi-focused cryptocurrency wallet. Originating in 2017 as a decentralized advertising platform, Ambire has since evolved into a comprehensive protocol for the advertising sector. The company has also integrated the Ambire Wallet into its portfolio, catering to both novice and experienced crypto users.

Contents
What is Ambire AdEx (ADX)?How to Buy ADX Coin?Practical Insights for Users

What is Ambire AdEx (ADX)?

The Ambire AdEx protocol facilitates interactions among publishers, advertisers, and end-users. Utilizing Ethereum’s OUTPACE layer 2 payment channels, the platform supports micropayments and offers DeFi staking for its native ADX token. An open-source platform built on Ethereum has attracted over 16,000 users since its 2020 launch and has processed billions in micropayments.

ADX, the utility token of Ambire, incentivizes validator uptime and ensures the efficient operation of advertising campaigns. Validators manage micropayments via layer 2 channels, with staking strengthening the reliability of the network. By the end of 2021, staking Annual Percentage Yields (APY) soared above 45%.

How to Buy ADX Coin?

You can purchase ADX Coin efficiently and securely on Binance, the largest cryptocurrency trading platform by volume. Register, transfer fiat currency, and then proceed to buy ADX Coin paired with Bitcoin (BTC), Binance USD (BUSD), Ethereum (ETH), or Tether (USDT). Users can also place limit orders to buy coins at their desired price.

Practical Insights for Users

– Stake ADX tokens to earn high APYs, sometimes exceeding 45%.
– Utilize the Ambire Wallet for seamless crypto and DeFi tool management.
– Purchase ADX on Binance, using either market or limit orders for better control over spending.
– Combine staking with mining and loyalty programs for additional rewards.

In summary, Ambire continues to expand its offerings, aiming to simplify digital advertising through blockchain technology while providing tools that democratize access to decentralized finance. The platform’s diverse functionalities make it a robust option for both advertisers and crypto enthusiasts.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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