What is Ampleforth (AMPL)?
Ampleforth is a DeFi protocol on Ethereum that introduces the concept of stablecoin with algorithmically operated supply. The project was created in 2018 by the entrepreneur duo Evan Kuo and Brandon Iles with the aim to maintain the purchasing power of the USD at the year 2019. Due to its unique nature, Ampleforth has gained the interests of Coinbase and Pantera.
How Ampleforth (AMPL) Works
The said stablecoin is called AMPL, and its supply is adjusted at 2AM UTC every day through a process named “rebasing”. In this process, not only the overall supply of AMPL changes, but also the amount of AMPL one has in their own wallet changes. One caveat worth mentioning is that even though the specific amount of AMPL may change in one’s personal wallet, the percentage they own out of the current total supply remains the same. The pros of AMPL is that it is decentralized, it can avoid price volatility in a flexible way, and the algorithmically controlled supply makes it easy to maintain the peg. The cons of AMPL include being difficult to be listed on exchanges, especially centralized exchanges.
Governance of the Ampleforth protocol is administered by the FORTH token.
How Many Ampleforth (AMPL) Tokens Are in Circulation?
At the moment of writing, the total supply of AMPL is 395.5 million and the circulating supply is 46.0 million, taking up about 12% of the total supply.
How to Buy Ampleforth (AMPL)
Consider investing in Ampleforth (AMPL)? It only takes 2 minutes to create an account on Bitget and start trading AMPL.
Check out the available AMP L trading pairs on Bitget!
Spot market
Ampleforth (AMPL) Resources
Simple 3-step guide to buying AMPL today in Latvia
Create your free Bitget account
Select a funding method
Complete your Ampleforth purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Ampleforth using a payment method of your choice:
Buy Ampleforth with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Ampleforth order.
How to buy crypto with credit/debit cardBuy Ampleforth with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Ampleforth is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Ampleforth order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Ampleforth order.Buy Ampleforth with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Ampleforth order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Ampleforth in your Bitget spot wallet
Bitget—where the world trades Ampleforth
How to buy Ampleforth for free
- Learn how to earn Ampleforth for free through the Learn2Earn promotion
- Earn free Ampleforth by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Ampleforth airdrops by joining On-going challenges and promotions
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FAQ
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While enjoying the extraordinary life in Latvia, you can purchase Ampleforth(AMPL) in just a matter of minutes, no matter where you are in the country, from the cities of Daugavpils and Ventspils to the towns of Ogre and Valmiera with Bitget. The exchange is highly secure and offers various payment options to make crypto trading more accessible for everyone, including P2P trading, crypto deposits, Apple Pay, Google Pay, and credit cards.