We make investing in AMP easier, safer and faster than ever before. With the lowest trading fees and full transparency.
On average 83%* lower fees than other crypto exchanges, with the best possible execution price for your AMP. No hidden fees.
Registered with De Nederlandsche Bank (DNB) with leading security and compliance standards.
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AMP is a digital cryptocurrency designed to facilitate instant and secure transactions within the Ethereum blockchain. It operates as a collateral token, providing a decentralized system for value transfer. Launched in 2019 by the Flexa network, AMP aims to revolutionize the way digital assets are used as collateral, ensuring efficiency, accessibility, and transparency in the financial ecosystem.
AMP operates through a novel concept called collateralization. When a transaction is made using AMP, the tokens act as collateral to secure the transaction's value. This collateralization process is achieved by locking AMP tokens in a smart contract. These locked tokens provide a guarantee for the transaction, minimizing counterparty risks and reducing the need for traditional intermediaries. By collateralizing transactions, AMP ensures the instant availability of funds, eliminating the delays associated with traditional settlement systems. The underlying technology of AMP is built on the Ethereum blockchain, leveraging the security and decentralization features of the network. AMP utilizes a unique architecture known as the Collateral Manager, which dynamically adjusts the amount of collateral required for a specific transaction. This adaptive mechanism ensures that the collateral is always proportional to the transaction value, reducing the need for excess collateralization. Additionally, the Collateral Manager allows users to convert various cryptocurrencies into AMP tokens, expanding the usability and liquidity of the network. One of the key benefits of AMP is its potential to enhance the accessibility and adoption of digital currencies in everyday transactions. By providing a secure and efficient collateralization solution, AMP enables merchants to accept digital assets as payment, without the inherent risks associated with cryptocurrency volatility. Moreover, AMP's open-source nature allows developers to build decentralized applications (dApps) on top of the network, further expanding its utility and potential use cases.
With Finst it's easy to invest in AMP and other cryptos.
Create a free account in 3 minutes to buy, sell and store AMP with no minimum amount. Your Finst account is accessible worldwide via mobile and desktop.
Verify your account and transfer euros to your Finst wallet with iDEAL, Bancontact or instant SEPA bank transfer.
Buy and sell over 265 digital assets and pay only 0,15% transaction fees. Store your AMP in your secure Finst wallet.
Buy AMP with a trading fee of 0,15% per transaction and no added spead. That's it. Crystal clear.
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Read more Finst is an Amsterdam-based cryptocurrency exchange led by a team of investment professionals who have previously helped build one of the largest retail investment platforms in Europe. Finst offers the lowest transaction fees in Europe for a wide range of cryptocurrencies through a unique and highly secure platform.
Leveraging decades of combined trading, security and engineering experience, Finst aims to create a level playing field for all crypto investors and remove the high entry barriers associated with investing in cryptocurrency.
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