Attention, Pi42 traders! We’re thrilled to announce the Arweave (AR) listing on our platform. You can effortlessly buy, sell, and trade AR tokens using Indian Rupees (INR) right here on Pi42.
What is Arweave (AR)?
Launched in 2018, Arweave is a groundbreaking project aiming to revolutionise data storage. It’s a decentralised network that offers:
- Permanent Data Storage: Arweave utilises a novel economic model to incentivise users to store data on the network permanently. Once uploaded, data is theoretically guaranteed to persist for thousands of years.
- Decentralised Infrastructure: Arweave eliminates reliance on centralised servers, fostering a more secure and censorship-resistant platform for data storage.
- Wide-Ranging Applications: Arweave caters to a diverse range of use cases, including permanent archiving of historical records, scientific data, and even creative content.
Key Features of Arweave:
- Blockchain-Based Storage: Leverages blockchain technology to ensure the immutability and tamper-proof nature of stored data.
- Community-Driven Network: Relies on a network of participants who contribute storage space and earn AR tokens in return.
- Open and Accessible: Anyone can upload and access data on the Arweave network, fostering transparency and information preservation.
Trading AR/INR on Pi42:
Ready to explore the potential of permanent data storage with Arweave? Here’s how to get started:
- Login: Access your Pi42 account.
- Navigate: Head to the trading terminal.
- Select the Pair: Choose AR/INR from the dropdown menu.
- Define your Position: Enter the desired investment amount, select your preferred leverage (if applicable), and adjust the percentage according to minimum asset requirements.
- Set Limits (Optional): Establish Take Profit and Stop Loss orders to manage risk.
- Execute your Trade: Click Buy/Long or Sell/Short based on your market analysis.
- Track your Trade: Monitor your open positions in the “Orders and Positions” section below the trading chart.
Unlock the Power of Arweave-INR
Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.