How to Buy ARPA Token?

Hello everyone, in this article, we came to answer the questions you would like to know about ARPA Chain. What is ARPA Chain? What is ARPA Token? Where to buy ARPA Token? The answer to your questions will be in our article.

What is ARPA Chain?

ARPA is a Layer 2 solution for privacy-preserving computation that uses blockchain technology and cryptographic multi-party computation ("MPC"). 

The purpose of ARPA is to enable data rental and to decouple ownership from utility. The MPC protocol developed by ARPA makes it possible for numerous entities to analyze data jointly and draw data synergies while maintaining the confidentiality and security of each party's data input. ARPA permits the anonymous exchange of sensitive information, and its information-theoretic message authentication code allows for the verification of computation's accuracy. The cost of computing, data and model usage fees, security deposits, community governance, etc. are some use cases for the ARPA token.

On blockchains that support ARPA, developers can create dApps that protect user privacy. Credit anti-fraud, secure data wallets, targeted marketing, cooperative AI model training, and key management systems are a few use cases right now. For risk management purposes, for instance, banks using the ARPA network can exchange credit blacklists among themselves without jeopardizing the privacy or personal information of their clients.

What is ARPA Token?

The computing network that enables privacy-preserving smart contracts, data storage, and scalable off-chain transactions, ARPA Chain, is powered by the Ethereum token ARPA. The ARPA token can be used to control the network's future as well as to pay for data and processing.

How to Buy ARPA Token?

How to Register at WhiteBIT? 

Click here to register with WhiteBIT, the most preferred exchange for cryptocurrency investment, with a commission discount.
Simply enter the requested information on the page that opens. After completing the "nationality, e-mail address, password and password verification" processes correctly, you can complete the registration process by clicking the confirmation e-mail sent to your e-mail.
 

Gateio KYC Verification

All cryptocurrency exchanges require KYC verification. Although it may cause doubts in the minds of some, the truth of the matter is that it is necessary to know that exchanges that do not require KYC verification should be avoided. This is because identity verification also prevents someone else from opening an account on behalf of the user.

After confirming the verification e-mail sent to you after registering by WhiteBIT, you must enter the site and upload the requested documents. After uploading the front and back side of your ID and selfie (selfie) document, you will complete the registration process.

How to Transfer Money to WhiteBIT

After completing the WhiteBIT registration process, you can now proceed to the deposit process. You can buy Bitcoin or Tether (USDT) with a credit card. You can pay by credit card by clicking on the "Fiat trading" tab on the main page.

To transfer money from another exchange to WhiteBIT, go to the "wallet" section and select the cryptocurrency you want to transfer, then simply paste the wallet code you will be given into the "wallet code" requested section after selecting the appropriate cryptocurrency on the exchange you will transfer.

Attention!
If you are transferring Tether (USDT) from Gateio, Binance or other exchanges, select "TRC20" instead of ERC20 in the "network selection" section. When you choose ERC20, the transfer fee will be much higher. However, with ERC20, you will pay a commission of 1 USDT. Of course, to do this, don't forget to select the TRC20 network in Gateio as well.