Buy AMP AMP

Easily and securely buy AMP with the best crypto platform in Europe.

  • Lowest trading fees: 0.15%
  • Buy AMP with iDEAL, Bancontact or SEPA
  • Maximum safety with Proof of Reserves
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AMP
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What is AMP?

AMP is a cryptocurrency used as a collateral token. The token guarantees fast and secure payments on Ethereum-based blockchains. AMP temporarily locks the value in a decentralized environment until the payment is completed.

AMP is part of the Flexa network. Flexa is a payment network that enables fast and fraud-resistant transactions. AMP serves as collateral, allowing the network to validate payments in real-time.

Buy AMP with Finst.
Maximum security. Ultra-low fees.

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Buy AMP with your favorite order type

  • Market order

    Buy AMP instantly at the best available price. Ideal for quick and easy purchases.

  • Limit order

    Set your maximum price for AMP. Your order will be executed when your limit price is reached on the market

  • Auto Invest

    Automate your crypto purchases on a daily, weekly, bi-weekly, or monthly basis.

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FAQ

  • How to buy AMP?

    Follow the steps below to easily and securely buy AMP.

    1. Sign up

      Create an account with a reputable crypto platform like Finst.

    2. Deposit EUR

      Deposit Euros using payment methods like iDEAL, Bancontact, or SEPA.

    3. Start investing

      Buy AMP and securely store it on our platform.

  • Can I automatically invest in AMP on a recurring basis (DCA)?

    Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA AMP without any action required or additional fees.

    Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.

  • What fees do I need to pay when buying AMP?

    When you buy AMP through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

    Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

    It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

    This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

  • Which order types can I use to buy AMP?

    At Finst, we support several order types to buy AMP: Market Order, Limit Order, and Auto Invest (DCA).

    - With a Market Order, you buy AMP instantly at the best available market price.

    - Do you want to buy AMP at a lower price? With a Limit Order, you set the maximum price you're willing to pay for AMP. Your order will be executed once your limit price is reached on the market.

    - Do you want to invest in AMP without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.

  • Can I use limit order to buy AMP?

    Yes, on our platform, you can easily buy AMP with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of AMP reaches your limit price or lower.

    A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.

  • Is it safe to buy AMP?

    Yes, it is safe to buy AMP through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

  • Is it legal to buy AMP?

    Yes, buying AMP is legal in Europe. However, we advise you to do your own research before making a purchase.

  • Can I buy AMP anonymously?

    No, due to laws and regulations, it is not possible to buy AMP or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

  • Can I buy AMP with iDEAL?

    Yes, at Finst, you can easily buy AMP with iDEAL. We also support popular payment methods like SEPA and Bancontact.

  • Do you have to buy one AMP?

    At Finst, you can start investing in AMP with as little as €1. For many coins, it is not necessary to buy a whole coin.

  • What are the risks of investing in AMP?

    Investing in cryptocurrencies like AMP involves risks of losses. You can lose (part of) your deposit. Before you decide to buy AMP, it is important to understand the risks.

    Volatility: The price of AMP can fluctuate significantly. This means that its value can rise and fall quickly.

    No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

    External factors: The price of AMP is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

  • How to store AMP?

    You can securely store your AMP in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

    We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your AMP. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

    Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

  • Can I send my AMP to an external wallet?

    Yes, you can send your AMP to an external wallet. With Finst, you can easily send your AMP to a hardware or a software wallet.

  • Can I store AMP on a hardware wallet?

    Yes, you can store AMP (AMP) on hardware wallets such as Ledger or Trezor.

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How does AMP work?

AMP works as a crypto used as a collateral layer for transactions. During a transaction, an equivalent amount of AMP tokens is locked as collateral. If a transaction is delayed or fails, the collateral can be used to complete the transaction. This ensures an efficient process and increases the reliability of crypto transactions.

AMP is an ERC-20 token built on the Ethereum blockchain. This means you can integrate AMP into Ethereum-based DeFi platforms and DEXs. Additionally, AMP is compatible with other blockchains that use Ethereum's EVM and Layer-2 solutions built on top of Ethereum, such as Optimism and Arbitrum.

AMP works with a Proof-of-Stake system. This means that token holders can stake their AMP tokens to help secure and validate transactions on the Flexa network. In return, they receive additional AMP tokens.

What's unique about staking on Flexa is that the network uses a non-zero-sum system. In many traditional staking networks, the largest stakers receive the highest rewards, while smaller stakers slowly lose value due to inflation. AMP does it differently:

  • No new AMP tokens are created, so there’s no value lost through dilution.
  • Tokens are not burned. Instead, the network buys back AMP from the market, helping to maintain network capacity.
  • Everyone who stakes their AMP benefits without others losing out.

This system keeps the network fair and sustainable, without holders or stakers losing value.

Who are the founders of AMP?

AMP was launched in 2020 by Flexa and ConsenSys. Flexa was founded by Tyler Spalding and enables fast, fraud-resistant payments using blockchain technology. ConsenSys was founded by Joseph Lubin, one of the co-founders of Ethereum. AMP is a rebranding of Flexacoin, which was introduced in 2018. Flexacoin holders were able to swap their tokens 1:1 for AMP at the time.

What can you use AMP for?

AMP is a collateral token used to make fast and secure transactions. This makes the network useful for various applications:

  • Stake: AMP tokens can be staked by holders. By staking AMP tokens on the Flexa network, users help validate transactions. In return, users receive additional AMP tokens as rewards.
  • Send: AMP is used as collateral, enabling faster and risk-free payments and transfers.
  • Repeat: Using smart contracts and the reward system, the network stays efficient and encourages users to participate.

AMP provides a secure and scalable solution for ensuring payments in crypto and other assets.

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