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What is AltLayer?

Altlayer (ALT) is an open and decentralised platform for rollups aiming to enhance security, efficiency, decentralisation and interoperability. A rollup is a Layer-2 (L2) blockchain that processes transactions away from the main blockchain to reduce the cost of transactions and increase throughput in the Layer-1 (L1) chain.

  • Altlayer introduces the concept of Restaked rollups, which takes existing rollups and adds a layer of security and crypto-economic fast finality by leveraging staking mechanics.
  • Offering a versatile no-code Rollups-as-a-Service (RaaS) launchpad, Altlayer allows developers to easily build custom rollups. With these products able to support multiple blockchains, virtual machines and data availability layers.
  • ALT is the native token of the Altlayer ecosystem and is used for economic bonds when restaking assets, platform governance and transaction settlement.

As the L2 technology continues to grow, Altlayer looks to offer a platform with truly decentralised validators and operators, faster transactions at lower costs. While its RaaS launchpad aims to help developers to customise rollups with ease.

How do I swap AltLayer?

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Learn more about AltLayer

Why Should I Trade ALT with CoinSpot?

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 AltLayer no matter what your trading experience is. Unlike other international and Australian AltLayer 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 AltLayer 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 AltLayer 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.

How do you store your AltLayer?

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 AltLayer for free.

Cold Storage

If you are holding AltLayer 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.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy AltLayer. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for AltLayer. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
AltLayer has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As AltLayer is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual AltLayer exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in AltLayer & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying AltLayer safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your AltLayer portfolio here.
Yes! With CoinSpot you can convert your AltLayer to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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