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Due to recent regulatory changes in Australia, CoinSpot can no longer offer their trading services to Unverified International Accounts.

Please note, you have not lost access to your CoinSpot account or your current balance, but there are restrictions in place whereby Buying, Selling and Trading activity has now been disabled.

You are still able to withdraw your holdings from your CoinSpot account. Please arrange to withdraw your balance to your own personal wallet or alternative exchange as soon as you are able to.

If you have any further questions or require assistance with your withdrawals, please contact helpme@coinspot.com.au.

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  1.33%

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What is Aeternity?

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.

Why Aeternity

  • Smart contracts only communicate with the public ledger in the case of a disagreement, allowing businesses and users to maintain privacy of sensitive information
  • Lower cost transactions than others through the flexibility/ability of state channels to reduce contact with the blockchain
  • Unique Proof of Work (PoW), Proof of Stake (PoS) hybrid algorithm which reduces the need for power hungry, expensive mining equipment and allows the currency to become truly decentralised. Even smart phones can effectively mine tokens with the Aeternity mining algorithm

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.

What is a Stop Loss Order?

A Stop Loss Order is a type of order where you can set the amount of bitcoin you would like to sell at a desired price BELOW the current market price.

More Information

How do I Set a Stop Loss Order for Aeternity?

1.
Select the price (Trigger) you would like to sell your Aeternity if the market rate falls.
2.
Enter the quantity you would like to sell if the market rate falls to your selected price.
3.
Click ‘Set Stop Loss’ to confirm your AE Stop Loss and your order will be created. Manage your open orders from the Open Orders page.
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