Augur (REP)
What is the Augur token?
Augur is a decentralized platform with a cryptocurrency of the same name (denoted as REP), based on the Ethereum blockchain. The peculiarity of this project is that users can earn a REP coin for predictions. That is, people are asked to predict the outcome of any event on the principle of a casino, for which they can earn a certain amount of REP. By the way, to ask a question at the site, you also need to spend a certain amount of crypto coins. If you are interested in the question of how to mine the Augur coin, we have great news for you. Augur coin mining works on the principle of Proof-of-Work. Mining of the Augur coin is carried out by the same hardware and software, as well as of the other coins based on Ethereum.
What are the advantages of the Augur crypto?
Paradise for gamblers Augur allows you to earn on the predictions of the outcome of any event. If you have a good intuition or knowledge in a certain area, you can convert it into money.
Investment appeal. The idea of the Augur platform is interesting for bookmakers and various casinos. Therefore, they will invest in it for further use. So, the Augur coin price will gradually grow.
Reliable base. The Augur cryptocurrency operates on the Ethereum platform. This is one of the best blockchains known to date. Therefore, the platform is stable, and the cryptocurrency may cause interest of investors working with Ethereum.
Where to store the Augur token?
An important advantage of Augur is that It can be stored on many wallets. REP can be stored in any wallet that supports coins on the Ethereum blockchain. For example, MyEtherWallet can be named as the Augur coin wallet. Wallets for Ethereum can be both mobile and desktop, and online. In addition, there are hardware devices.
How to buy the Augur?
The Augur cryptourrency is traded on many well-known exchanges. It can be purchased at Bitfinex, Poloniex, Kraken, HitBTC, Cryptopia and many other sites. Augur is traded in currency pairs with bitcoin, Ethereum and fiat currencies such as the dollar and the euro. To monitor the price we suggest you read the Augur hot crypto news and the Augur coin market cap at a well-known website - CoinMarketCap.
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Read more about REP price prediction 2020.