Audius is a decentralized music streaming system that was first developed on the POA network and is currently based on Solana. Audius was founded to address the inefficiencies of the music industry, which are exacerbated by the lack of transparency surrounding music rights ownership and the presence of intermediaries between artists and their audiences.
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Audius platform, which is backed by its native AUDIO currency, attempts to unite the objectives of artists, fans, and node operators. Fans may listen to free music uploaded by artists, which is kept and disseminated through content and discovery nodes.
To buy Audiuss, you have to choose an exchange that is trustworthy and reliable. Then create an account on that exchange. We would recommend Binance or Coinbase crypto exchange platforms on which you can exchange your favorite cryptocurrencies. On the signup page, fill in all your personal information and secure your account with a password.
After creating an account, you have to fund it. You can choose any payment method such as credit/debit card, Paypal, bank transfer, etc. We would prefer that you start with a little initial investment.
When you successfully fund your account with money, you have to buy Bitcoin with fiat money. Then you can convert your BTC to Audiuscryptocurrency. Then, purchase a wallet and store your Audius in your wallet to secure them and trade them whenever you need them.
Purchasing Audius is fairly simple these days. You may pay with cash, a credit card, or even PayPal if you choose. However, you must still take a few steps to complete it – which is why we created this simple guide for you! It is divided into sections; simply follow the one that corresponds to your mode of purchasing.
Your initial step will always be to purchase Bitcoins or Ethereum using a credit card. After that, they can be converted to Audius.
Take the following steps:
You can also choose Paypal Method to purchase Audius. Millions of people trade cryptocurrencies and altcoins with Paypal. But, there is no method to buy Audius directly with fiat money. You have to make a purchase of Bitcoin or Ethereum from any exchange of your choice. Then, you can transfer your BTC coins to AUDIO.
Just like any other method, you can choose eWallets method (Skrill, Neteller) to acquire altcoin such as AUDIO. Skrill is a worldwide payment system that allows users to immediately deposit or transfer payments. Skrill serves over 200 nations around the world and allows users to transfer money in over 40 currencies, making it one of the simplest methods to purchase bitcoin (BTC) globally.
The cheapest way to purchase Audius is through a bank transfer method. Millions of people feel comfortable buying cryptocurrencies using the bank transfer method. The transaction fee is very low Which everyone can afford. however, it might be time-consuming. If we compare the bank transfer method with other methods, then we would come to know that buying with a credit/debit card is the quickest option but it will be an expensive method.
On your Payoneer account, select Buy Bitcoin from the drop-down option to purchase Audius. Choose Payoneer as your payment method, enter the number of bitcoins you want to buy, choose your desired currency, and then click Find offers. Examine the many Bitcoin providers and select the one that offers you the best price. After that, you may exchange your Bitcoins BTC for AUDIO.
Because of the increased demand, Audius decided to relocate to Solana. The mainnet of Solana is decentralized, with around 200 nodes. Staking and governance are still handled by Ethereum, and AUDIO is an ERC-20 token. Solana is a layer one blockchain with partial Byzantine fault tolerance and a proof-of-stake consensus mechanism. It has 200 nodes throughout the world that can handle up to 50,000 transactions per second at its peak.
The price and market cap of AUDIO are affected by exchange inflows and outflows, technical and fundamental changes, the news cycle, and the broader economic situation.
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