If you are an active crypto investor, you need to know how to buy Star Atlas.
There are several ways to jump into this growing market. One is through getting to know about Star Atlas–a disruptive gaming platform carving its space in the blockchain world.
Read on to find out how to buy Star Atlas using various platforms.
How to Buy Star Atlas in 2024: Best Exchanges
FTX and Coinbase are two major exchanges allowing you to buy Star Atlas (ATLAS).
FTX Exchange is a top place to buy Star Atlas, and has a variety of products not offered on other platforms. This includes trading derivatives, options, and leveraged tokens.
It now has a market value of $18 billion and houses over 300 cryptocurrencies.
This exchange is relatively new in the crypto scene, having been founded only in 2019 in the Bahamas. On the other hand, the range of services it offers is top-notch.
It gained a reputation as an advanced traders’ go-to platform since it allows spot, margins, and futures trading.
It features a high-security environment and employs innovative user protection measures such as two-factor authentication and two-password requirement.
The best thing about FTX is its very low fee structure. Maker fees are capped at 0.020% while taker fees are at 0.070%.
This could decrease as trading volume increases. Such a threshold is comparatively lower than the industry average of 0.1%.
FTX Global is available for traders outside the United States. As of 2021, the platform has one million active users and an average trading volume of $10 billion daily.
Another popular platform offering users to options to sell, trade and buy Star Atlas is Coinbase.
Coinbase is one of the oldies but goldies in the crypto trading industry, having been around the space since 2012.
It is highly trusted by millions of traders worldwide and is preferred by beginner investors due to its easy-to-use interface.
Coinbase’s approach to trading is straightforward: you can buy, sell, and exchange crypto no-frills and in real-time.
It currently houses more than a hundred cryptos and regularly admits new tokens with high growth potential, like ATLAS.
More than 98 million people globally use Coinbase to trade crypto which explains its high market value of $278 billion.
It now trades as a public company after its initial public offering on the Nasdaq Exchange last year.
Coinbase charges higher trading fees compared to its counterparts. It imposes a flat fee based on the size of the transaction.
Nevertheless, CoinbasePro has lower fees in comparison to the original version.
Best Crypto Wallets to Store ATLAS
Storing crypto on exchanges is not the best way to go forward. Many investors today use either hard or soft wallets to secure their holdings for the long term.
Hackers have very little chance to penetrate the security measures of hard wallets since these devices are not connected to the internet.
Low cost and trusted, Ledger is one of the oldest and most trusted hard wallets available to crypto traders today.
Its basic model retails at $59 which is among the lowest-priced units available in the market.
Despite leaning towards the low-cost level, its security record is stellar. Make sure to buy your device on Ledger’s official website to ensure optimum security.
Some hackers tamper with hard wallets and sell them online, thus compromising user data.
Ledger is very compact, with just the size and structure of a normal USB flash drive.
You can use it to do several functions on tokens, beyond storing. These include buying, swapping, sending, receiving, and staking.
Soft wallets are available in any case, you prefer to store your crypto holdings online but would like to get hold of your private key.
This type of wallet is more secured compared to exchanges and allows the storage of a wider classification of assets.
Star Atlas operates on the smart blockchain and is compatible with Phantom.
This platform is a soft wallet that allows accessing, staking, and swapping of tokens, NFTs, and decentralized applications.
Even as a new market entrant, it already serves two million monthly active users. Its low trading fee of only 0.85% is the main driver of the increase in its user count.
To achieve optimum security on its platform, the site requires new users to create a 12-word seed phrase.
You need to remember these words correctly and orderly since losing your recovery phrase also means losing your wallet.
You may opt to connect your Ledger hard wallet if you have one as Phantom allows linking of the device.
Step-by-step Guide on How to Buy Star Atlas (ATLAS)
Only a limited number of centralized exchanges offer ATLAS for direct fiat to crypto trading.
Here is a detailed guide on how to buy Star Atlas on cryptocurrency exchanges.
Step 1: Create a New Account
To start with the registration process, visit the website of the exchange of your liking and click “Sign Up” or “Join Now.”
Enter your personal details, including a username and a password. Remember to agree to the Terms and Conditions to complete registration.
Step 2: New Account Verification
The next step in the registration process is account verification. In this stage, the platform will require new users to upload proof of identification, commonly government IDs and bank statements, to confirm identity.
Make sure to take a clear photo of the required legal documents to avoid retaking them.
Step 3: Deposit
The website will notify you once your account has been verified. After verification, you may start depositing using a bank transfer, a credit/debit card, or online transfers to fund your account.
Note that some exchanges charge transfer fees up to 3.5% of the deposit amount.
Step 4: Buy Star Atlas Crypto
Now that your new account is funded, you may now start to buy Star Atlas (ATLAS).
Click the token of your choice, enter the amount you want to trade, and click “Buy” to complete the order. You have just made your first crypto purchase!
All About Star Atlas
Star Atlast is a virtual metaverse gaming company being built in the Solana blockchain.
It developed a futuristic game that encourages players to devise tactics, compete for resources, and take control of the moves.
Three factions are competing in the platform set in the futuristic year 2620.
The game is formed using Unreal Engine 5 and features cinema-quality, high-quality graphics.
Many investors see the bright potential of this token, party because of its Solana blockchain backing which is categorized by high scalability, high throughput, and low gas fees.
The game is highly interactive due with the integration of augmented and virtual reality in the scene.
Users enjoy flight simulations, deep-space exploration, combat, and building space stations and ships when playing.
In-game items could also be traded as non-fungible tokens on secondary markets.
Price History of ATLAS
ATLAS currently trades at $0.028, up by 1.70% from the previous session, and recorded a 24-high high of $0.029.
It has a market capitalization of $60 million, with a circulating supply of 2.6 billion tokens. Only 6% of its total supply of 36 billion tokens has been minted.
Star Atlas recently generated $120 million during its latest funding series. This amount will be used for metaverse-focused growth initiatives that could potentially propel it to greener pastures.
It hit an all-time high at $0.33 weeks after its launch in November 2021.
On the other hand, the coin fails to sustain the upward momentum and consolidated a bearish trend since then.
The lack of buyers sent prices down to a cycle low of $0.023 apiece.
Is ATLAS a Buy or Sell?
It depends on your risk tolerance. The future of ATLAS remains murky as it is still new in the market.
New coins are usually characterized by high risk and high return mechanisms.
If you believe in the explosive growth of metaverse in the coming years, then ATLAS is surely a good buy at current prices.
Also, virtual gaming platforms in the space are gaining much traction due to their decentralized and highly-interactive nature.
ATLAS Price Prediction
Here is a rundown on ATLAS price prediction for 2022, 2024, and 2026:
Since there remains lukewarm buyer reception towards ATLAS, the token will remain constricted between $0.025 and $0.029. It will have an average price of $0.028 in 2022.
On the other hand, prices could notch up to $0.032 along with the rising popularity of blockchain-based gaming platforms.
The metaverse market is expected to grow its value to $800 billion in 2024 and companies directly linked to the space will enjoy increased market attention.
This year will send the price of ATLAS to greater heights, potentially reaching back to its all-time high level of $0.33.
It could extend this rally further up to a $0.40 round figure if strong buyer support comes in.
2026 will be all about augmented, extended, and virtual reality.
Users will prefer platforms that could give them an optimum gaming experience with high-quality graphics and sophisticated in-game purchases.
Due to this change in consumer trend, there will be an increase in ATLAS demand, thus supporting prices up. It could reach $0.56 per token in 2026.
The rising popularity of the metaverse will put blockchain-based companies in a better light.
Star Atlas is an innovative company that focuses on giving users a unique gaming experience through its disruptive technology thrusts.
We hope you enjoyed reading about this interesting token, including how to buy Star Atlas on FTX and Coinbase.