Amp
About Amp
Amp is an open-source, decentralized protocol that provides collateral as a service. It offers instant, verifiable assurances for any kind of value transfer. Amp presents a versatile interface for verifiable collateralization with a reliable system of collateral partitions and managers. It supports a broad spectrum of use cases for collateralization, with the concept of predefined partition strategies.
In the last hour, Amp's price has seen a change of +0.57%, and over the past 24 hours, its price has moved by +2.32%. Over the previous week, Amp's price has moved by +11.47%. The current price of Amp is ₺0.02401, accompanied by a trading volume of 199.4M in the last day. Amp's price is currently 99.59% below its all-time high of ₺5.9108, which remains the highest price Amp has achieved since its launch. The circulating supply of Amp stands at 89.78B, translating to a total market capitalization of 2.155B.
Market stats
Frequently asked questions
How to invest in Amp?
Rain offers you a number of ways to start investing in Amp, including buying Amp through bank transfers or by using your bank card. To purchase Amp on Rain, you can select Amp in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy Amp with card?
Once you add your bank card to your Rain account, you can use it to buy Amp directly. You can start by adding your card to your payment options on your Rain account. To purchase Amp using your bank card, you can select Amp, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy Amp through bank deposit?
Rain enables you to buy Amp using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing Amp. To do that, you can select Amp in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell Amp?
This is an easy process that requires only a few clicks. Here are the steps needed to sell Amp successfully:
On your Rain account, select Amp then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert Amp into cash?
Rain gives you the opportunity to sell Amp and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell Amp and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive Amp?
If you would like to receive Amp in your Rain account, simply click on Receive and select Amp from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving Amp to avoid possible loss of funds.
How to send Amp?
You can easily send your Amp from your Rain account to any external wallet by clicking on Send and selecting Amp from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy Amp with Rain?
When you buy Amp with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing Amp on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What is a Amp wallet?
A Amp wallet is where you can securely store Amp. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a Amp address?
A Amp address is a string of unique characters that is tied to your Amp wallet. The address functions just like a bank account number and it is what you use in order to send Amp from your wallet, or to receive Amp to your wallet.
What trading pairs available for Amp?
There are over 200 currency pairs available on Rain for you to trade with. You can trade Amp with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap Amp with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What is the minimum order size to buy Amp?
You can trade Amp with any amount above $30 or equivalent in your account's currency. You can start trading Amp now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides Amp?
Besides Amp, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What blockchain is Amp built on?
Amp is built on the ETH blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my Amp safe?
To keep your Amp safe, make sure to use trusted wallets that support ETH. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of Amp be in next 5 years?
Price predictions for Amp over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Amp taxable?
Trading Amp may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Amp's ATH?
Amp’s all-time high (ATH) was ₺ 5.9108 on 16 Jun 2021. This represents the highest recorded market price of the asset to date.
What is the market cap of Amp?
With a market capitalization of 2.155B, Amp is ranked 251 among other crypto assets.
What is the all-time high of Amp?
The highest valuation of Amp since its launch was at ₺5.9108, marking its all-time high.
What is the 24-hour trading volume of Amp?
The trading activity of Amp over the last 24 hours was at 199.4M, highlighting its liquidity in the market.
How many Amp are there in circulation?
There are approximately 89.78B units of Amp currently in circulation, affecting its market dynamics.
What is the relative popularity of Amp?
Amp market cap is around 2.155B.
When was Amp created?
Amp was introduced on 06 Sept 2020.
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