1 AR = ₺87.07 Turkish Lira 1 TRY Turkish Lira = 0.01148488 AR
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View ChartIt is no exaggeration to say that the world we know today would be unimaginable without the Internet. Thanks to this breakthrough technology, people all over the world can get information immediately with the click of a button or the touch of a screen. But did you know that a few centralized organizations manage most of the information on the Internet? In fact, global technology companies and governments have enormous power to influence what we see, hear and do on the world wide web (WWW).
The birth of blockchain has reversed the situation and stimulated the process of decentralization, including information storage. However, most blockchains rely on external protocols. Because the storage on the chain is very expensive, it is not feasible to store a large amount of data.
In this article, we will discuss the cryptocurrency project arweave, an innovative protocol that allows data to be permanently stored in a decentralized manner. We will also introduce the technical aspects of AR cryptocurrency, which will grow by more than 600% in the second half of 2021.
AR is the native token of the arweave blockchain. There are many use cases in the ecosystem. In its largest supply of 66million, more than 55million tokens were cast in the genesis block when the arweave main network was launched in june2018. The remaining tokens will be minted as block rewards of the arweave node. Up to now, there are more than 33million ar tokens in circulation. With an additional 33million ar tokens, this cryptocurrency will become deflationary.
To be more precise, Arweave is not a blockchain. While the majority of cryptocurrencies store their data in a chain of blocks that include transactions and other information, Arweave uses a graph of blocks instead.
In Arweave, this means that every block is connected to two blocks that came before it, creating a structure known as a “blockweave.” This is different from Bitcoin, where a chain is formed by linking blocks in a specific order.
If you think that big tech companies like Amazon, Google, Microsoft, or Alibaba are putting too much power in the hands of a few, you might be interested in Arweave.
Additionally, if you share Arweave’s vision for the future, you might wish to use it.
In contrast to rivals like Filecoin and Sia, Arweave is centered around long-term storage. If you think digital data needs eternal storage, like a traditional library or museum, then the AR token might be for you.
Additionally, it might be a great opportunity for computer operators to make money by selling storage space and helping to build a stronger, more lasting online.
Trading AR/TRY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit TRY or AR into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the AR/TRY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you believe the price will rise, place a buy order.
To Sell (Go Short): If you believe the price will fall, you can open a short position (available in derivatives trading like futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Center
Yes, absolutely. BTCC supports multiple ways to gain exposure to Arweave(AR) using TRY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Arweave directly.
Trade on the Spot Market: Deposit TRY and place a buy order on the AR/TRY spot trading pair using market or limit orders, taking direct ownership of the AR.
Trade AR/TRY Futures: For more advanced strategies, you can trade AR/TRY perpetual or dated futures contracts. This allows you to speculate on Arweave's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your AR to TRY conversion on BTCC:
Access your account by signing in, or create a new BTCC account if needed.
Go to the trading interface and select the AR/TRY trading pair.
Input the specific amount of Arweave you wish to sell.
Verify the displayed exchange rate and your final TRY total.
Confirm and finalize the sell transaction.
Following these steps, your TRY balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the "Crypto Converter" section on our website or within the app.
Type the amount of AR you want to convert into the first field.
The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.
The AR/TRY exchange rate is the current market price at which 1 Arweave(AR) can be exchanged for TRY. In simpler terms, it tells you how many TRY one Arweave is worth at any given moment.
Currently, one Arweave is ₺87.07. The price of 1 Arweave(AR) in TRY is constantly changing due to the 24/7 nature of the global cryptocurrency market. To get the live, real-time price, please check the market data section at the top of our platform or visit our dedicated AR to TRY converter.