Automata is a privacy-focused middleware application created by Zilliqa veterans
Automata (ATA) is up by more than 100% today, with a solid rally over the last couple of days setting up a potential run to June’s all-time high of $2.36. This makes ATA one of the hottest coins in crypto today, with the likes of Bitcoin, Ethereum, and Dogecoin all struggling to push out a decent performance.
Continue reading to learn more about Automata as a project, and you’ll also find the best place to buy ATA tokens.
How & where to buy Automata in the UK and elsewhere
If you want to buy Automata today, you’ll need to sign up with a suitable broker or exchange. Our top two choices are listed below: pick one, create an account, and make a deposit to get started. Once the funds hit your wallet, you can being trading a range of the top cryptocurrencies.
Keep away from unlicensed brokers and decentralised exchanges (DEXs) as these platforms won’t protect you properly if your funds are compromised.
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Cex.io offers exchange of fiat currency for Bitcoin Ethereum, Tether, and 23 other cryptocurrencies, as well as Bitcoin/Ethereum trading against the USD.
What is Automata?
Automata is a privacy-focused middleware stack that enables several privacy-related features for decentralised applications (dApps) across several different blockchains. Devised by industry veterans who previously worked on projects such as Zilliqa, Automata has some serious crypto clout behind it.
The ATA token is used for bonds, governance, protocol fee payments, and earning mining rewards. This means that it has the potential to rise in value if the Automata network itself grows in popularity, as the ATA tokens would enable holders to participate in deciding how the network is run.
Should I buy ATA today?
With the price of Automata hitting $1.88 yesterday and remaining above $1.40 today, the stage is set for a prolonged rally and even a renewed push back to June’s all-time high of $2.36. Now could be a great time to buy as the price has pulled back slightly after the initial price rush.
Long-term investors may also be interested, given the persistent desire for privacy within the cryptocurrency space. The current price of $1.45 could certainly be considered a buying opportunity.
This article is informational only — none of the contents should be construed as financial or investment advice.