
What is Aptos?
Aptos is an innovative blockchain platform created with a view to developing the Web 3.0 ecosystem. A unique feature of the project is the Parallel Execution technology, which significantly increases the speed of data processing and scalability of the network. The heads of development are Mo Shaik and Avery Ching, who previously participated in the Diem wallet project. An international team of more than 350 experts, including programmers, engineers and design specialists, is involved in the development of the platform.
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Aptos blockchain device
The Aptos blockchain is built on a combination of Proof of Stake (PoS) and the modernized Byzantine Fault Tolerance (BFT) consensus algorithm. This model allows the system to function stably even if up to 30% of validators fail. Validators are responsible for processing and verifying transactions, which contributes to the reliable and smooth operation of the blockchain.
Network users are able to delegate their tokens to validators, thereby increasing their influence in the decision-making process. This mechanism promotes distributed management and supports decentralization.
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In the Aptos system, there are two types of nodes that perform different tasks:
- Lightweight nodes: are designed to perform basic checks on operations. They request data from full nodes and use it to ensure that transactions are correct.
- Full nodes: store a complete archive of blockchain data starting from the very first block, which guarantees the absolute authenticity of the information.
The core of smart contract development at Aptos is the Move programming language. Created earlier within the Diem project, Move has the following key features:
- Maximize security: Strict access control and resource management reduce the likelihood of vulnerabilities.
- Automate analysis: Move Prover helps you identify and fix bugs in your code.
- Intuitive development: Move is designed to simplify and accelerate the process of writing and testing blockchain applications.
Move eliminates the possibility of double spending and other unauthorized actions, ensuring the safe and secure operation of smart contracts.
One of the main advantages of Aptos is its support for parallel processing of transactions. This allows a large number of transactions to be executed simultaneously, which has a positive impact on the scalability and speed of the network. In addition, the system supports atomic transactions, which guarantee that a transaction will either be fully executed or canceled, which minimizes error risks and makes network operation more reliable.
When’s the listing?
The Aptos token (APT) first appeared on major cryptocurrency exchanges on October 19, 2022. Among the platforms that added it to the listing are such well-known ones as Binance, OKX, Coinbase and Huobi Global.
Since its initial listing, Aptos has continued to strengthen its presence in the cryptocurrency market. For example, on October 25, 2024, the Bitunix exchange announced the addition of APT with support for the APT/USDT trading pair.
Token price
The current price of the Aptos token (APT) is around $9.22. Since listing on October 19, 2022, the price of APT has undergone significant changes. Initially, the rate was set at $7.26. Within the first week, the value increased by more than 30%, reaching $9.76. However, in November 2022, the price fell sharply to $3.93, and reached an all-time low of $3.09 in late December.
At the beginning of 2023 there was a rapid growth: in less than a month the price rose from the historical minimum to the absolute maximum of $19.906. A correction followed, and by October 2023, the price had fallen to $4.83. In November 2023, the rate recovered to $7.79, and by the end of the year it reached $10.73. In March 2024, the price rose to $18.09, but more than halved again in April to $8.77.
In August 2024, the cost of APT fell to a one-year low of $4.99. However, by October 2024, the rate rose to $10.46, and after the U.S. presidential election in November, it climbed to $12.19
How to buy Aptos tokens (APT)
Since the release of Aptos in 2022, the APT token is available for trading on popular centralized exchanges such as Binance and Bybit. It is available in pairs with currencies USDT, ETH, BTC, TRY, and EUR. To purchase the token via CEX, follow the instructions:
- Account creation
Register on the exchange and confirm your identity through the verification procedure. - Funding your account
Open an account and deposit funds. Many platforms allow you to deposit from bank cards. - Search APT
Go to the trading section (“Spot”) and enter “Aptos” in the search bar. You will see a list of available trading pairs. - Order selection
Select the order type: market (buy at the current price) or limit (with the desired price). - Place an order
Specify the amount to buy and place an order. As soon as the price reaches the specified level, the transaction will be executed and APT tokens will appear in your wallet. - Withdrawal to an external wallet (if necessary)
You can transfer APT to an external wallet. There is a fee for this operation, payable in tokens.
To purchase an Aptos token on decentralized platforms, follow the steps below:
- Connecting a wallet
Use a compatible wallet, such as Petra or Martian, that supports Aptos tokens. - DEX setup
Go to the trading interface and select the “Trade” option. - Enter data for the transaction
Specify the number of tokens you wish to purchase. - Confirm Swap
Click the “Swap” button to confirm the swap. - Completing a transaction
Sign the transaction in your wallet to finalize the transaction.
At the current stage, Aptos provides users with traditional methods of making money from cryptocurrency:
- Short-term trading
Earnings on token rate changes. - Long-term investments
Holding coins for the purpose of profiting from their growth. - Token Stacking
Placing APTs to support the network and earn rewards. - Lending
Placing coins on deposit to accrue interest.
Users receive Tortuga Staked Aptos (tAPT) for placing tokens in staking. These tokens can be used to trade, participate in lending, or exchange. Aptos also provides the ability to purchase NFTs, and the network’s functionality is expected to expand in the future, opening up new opportunities for token holders.
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