Aeternity (AE) is a blockchain technology which aims to improve upon the competition by being faster, more secure, highly efficient and globally scalable. Similar to Ethereum in its implementation the technology revolves around smart contracts; building and running applications on the blockchain. Aeternity introduces state channels which allows applications to run off-chain and only communicate with the public blockchain if a dispute occurs.
Aeternity has the potential to solve real problems in the cryptocurrency world. It introduces unique innovations which could change the way we utilise blockchain technology. It’s governance system gives the power of the network back to the users which has always been the original intention of blockchain technology.
Aeternity’s flexibility and usefulness provide a strong case for its future moving forward.
CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Aeternity no matter what your trading experience is. Unlike other international and Australian Aeternity exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.
CoinSpot provides layered security and advanced support systems so you can buy Aeternity with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Aeternity how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.
Storing on CoinSpot
Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Aeternity for free.
If you are holding Aeternity as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.