Perform Aragon exchange at BestRate. Aragon is an Ethereum-based system for community members that lets them run different campaigns, such as accounting, fundraising, governance, etc. Moreover, it helps companies find new employees, investors and other partners all around the world.
The main purpose of the project is to serve as an online decentralized court system that is not restricted by the barriers that we all are used to, such as country borders or national jurisdictions. In fact, it is a decentralized court system that can help different parties solve disputes and other issues.
The tokens that power the platform are called ANT and they give the people that participate in the Network the power to govern the whole project.
In order to exchange Bitcoin to Aragon you need to set up a wallet for both of these currencies first. We recommend to use the wallet named Jaxx.
Set up Jaxx wallet on your PC
1. First, you need to install the Jaxx application on your PC. You can do it by the link below:
2. If you have multiple alternative currencies select the custom wallet:
3. Select the virtual currencies you possess:
4. Select the fiat currencies you possess, including Aragon:
5. On the next step, Jaxx will ask you if you want to backup your wallet. Agree, as this is very important in terms of security of your digital funds.
6. Jaxx will generate a mix of 12 words that are not related with each other, which makes it really difficult to remember. Write down this word set somewhere in a paper notebook or any other item that can’t be hacked via internet.
7. Type this word mix on the next step:
8. Then Jaxx will ask you if you want to set up a security PIN. Agree and proceed to the next step. Set up your 4-digit PIN-code and verify it:
That’s it, now you have a Jaxx wallet on your PC.
How to exchange BTC to ANT
If you want to buy Aragon digital currency using Bitcoin or some other currency you own, first select the currency you have and put in the amount.
Select the Aragon price rate that works best for you.
Type your Aragon wallet address.
After that BestRate.org will generate the address for you. Copy this address.
Then you will see that the transaction was created, its status will be displayed on your screen.
How to sell Aragon
If you want to sell Aragon and buy another type of cryptocoin, first select the currency you want to buy and put in the amount. Then repeat all the steps described above.
BestRate.org provides you with the best Aragon exchange rates so that you could maximize your profits.
Advantages of using Aragon
Designed for business uses, Aragon platform gives developers a number of advantages. The Aragon coin has a number of advantages in comparison with traditional ways of payment, too.
Aragon offers developers several core features, such as identity management, ownership and access control. It also offers such modules as voting, fundraising through token generation, HR onboarding and payroll. All together these modules cover companies’ needs for accounting, governance, and identity.
Aragon coin is based on the blockchain technology, that’s why it is much more secure than all the traditional ways of payment. There’s no central authority to govern your funds, to block them or to take them away.
The Aragon coins are transferred much faster than traditional banking system can offer.
An asset protected by cryptography is named a cryptoasset. An example of a cryptoasset is Bitcoin which was the first cryptoasset that has ever been presented in the space.
An exchange platform is a special website where you can switch cryptocurrencies between each other and trade them for profits.
This is the name of a public ledger where all the crypto transaction history is kept.
Market capitalization is one of the most important parameters when you estimate a cryptoasset. It is the multiplication of the total value of the coin supply by the price per coin.
Aragon investment strategy
Cryptocurrency trading can be much more profitable than trading funds due to the high volatility of the market. You can make good profits both on short-term and long-term run.
However, if you don’t want to spend too much time on crypto trading the best strategy for you would be “buy&hold”. In this case, you just buy the coins, hold them on your wallets till their price grows and then sell them off for profits.
Such strategy can be applied to Aragon as its price has a good chance to grow in the future.
Use the service TradingView for notifications. You can receive email notifications once ANT price reaches a certain level.
Please, note that we don’t give any financial advice here, This article is for information purposes.
Where to keep REP coin
If you’ve decided to include Aragon into your long-term crypto portfolio you shoud find a safe way for storing your digital funds. You are the only one to take care of your coins’ security and if a hacker steals them no authority will help you get them back.
In this article, we’re going to review the most popular and secure wallets that support Aragon.
Ledger Nano S
This is a hardware wallet that is considered one of the most secure ones for storing cryptos. Nobody else but you has the access to it and only you can control the private keys. It’s fully compatible with Mac, Windows, Linux and Android and gives you freedom to keep as many REP coins on it as you wish.
One more hardware wallet that is also very secure. It has a 2-factor-authentication feature and is integrated with popular password management tools, so you don’t have to memorize a difficult password.
Desktop / Mobile wallets
Aragon is based on smart contracts and can be stored on MyEtherWallet together with similar altcoins.
How to transfer ANT securely
Perhaps, the best thing that cryptocurrencies have granted their users is the decentralization. As there is no central authority to govern your transactions the fees are much lower than traditional financial institutions can offer. The bank cannot withdraw your funds for any reason and you are the only one to have access to them.
However, decentralization has its downturns, too. In case you send your coins to the wrong address you will lose them forever as no one will help you to retrieve them. So paying attention is crucial when you send ANT or any other crypto to somebody else.
Here are some best practices for making payments with Aragon.
Never type a wallet address manually
The cryptocurrency wallet addresses are very complex as they consist of many numbers and letters. If you try to type such an address manually you will surely make a mistake and lose your funds after you hit a ‘send’ button. That’s why you must always copy and paste your recipient’s address and never type it by hand.
Look up the transaction fee
As we’ve already stated above, transaction fees are much lower when you pay with cryptocurrencies, but still some wallets may charge you quite a big amount. Always check the fee before you send ANT and make sure that the amount is reasonable.
Double check the address
Even if you copy-paste and address you may still lose your coins as it may be replaced by an evil virus. There are tons of viruses on the web that are designed to steal digital funds from unwary users. Such viruses replace the address you use to the one that belongs to a hacker and thus your funds go to him.
To avoid such a loss always check the address before sending. Look up the first and the last few digits and numbers, ensure that they are the same as in the address you need.
Test before sending
If you are about to send your recipient a really huge amount of ANT coins you should make a test transaction first. Try to send a small amount first and if everything works smoothly send the rest.