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What Is ATOR Protocol and How to Buy ATOR Tokens?

2023-11-06 07:27:03
ATOR Tokens


Tor is a free, open-source network for private communication. ATOR encourages adoption of the Tor network and contributes to its growing power. Users can earn passive income while contributing to Tor through ATOR Proof-of-Uptime and relay hardware.

In this article, we will dive into the infrastructure of this protocol and outline the guidelines to buy the ATOR tokens.

What Is the ATOR Protocol?

The ATOR Protocol aims to improve the Tor network by implementing a one-of-a-kind incentive system enabled by blockchain technology and the ATOR cryptocurrency. Tor contributors will be rewarded equitably and anonymously, thanks to this recognition system. In the meantime, it will be expanding its relays to support mainstream adoption. The protocol intends to accomplish this goal by providing financial incentives to already-established relay operators and by facilitating the creation of new relays via the provision of hardware.

The ATOR Protocol intends to set up ATOR-specific hidden services, which can then be traded in for ATOR to finance the ongoing recognition rewards. Second, ATOR plans to develop additional hardware that uses the LoRa protocol. This feature allows users to route their requests through an independent network. 

Nevertheless, ATOR employs a more evolutionary method than revolutionary; it adds value at each stage and improves upon previously established protocols to achieve the greatest possible impact.

Features of ATOR Protocol

Whitelist Access & Stake

Providing ATOR tokens on the Uniswap AMM platform enables investors to retain a stake in the growth and impact of the protocol as a whole while at the same time assigning market value to the protocol as a whole. 

Consequently, owners of ATOR have the right to be included on a whitelist and to gain early access to the first custom hardware implementations. This piece of hardware will be available for purchase using tokens.

Anonymity

The goal of ATOR is to increase the number of active Tor relays and thereby strengthen the network so that it can handle increased volume. The end-to-end privacy that ATOR provides is yet another essential feature. The relay log was developed so that users can remain anonymous. Registration can occur without using gas and without revealing any IP if one uses the delegation mechanism.

The ATOR team is committed to promoting internet anonymity and censorship resistance comprehensively, and they do so by offering ATOR rewards for education, promotion, and research in areas where these things are needed the most.

What Is the ATOR Token?

The growth of the ATOR Project is significantly impacted by several factors, one of which is the ATOR token. The ATOR token facilitates the ATOR Proof-of-Uptime protocol. This protocol awards ATOR tokens to relays that have successfully registered themselves; consequently, the ATOR Cryptocurrency serves as a symbol of recognition for the contribution of relays.

The ERC20 contract that underpins ATOR has been modified to accommodate time-limited fundraising. Tokens are traded strictly proportional to trading volume, up to a pre-programmed limit; however, neither buyers nor sellers are charged trading fees. Because of this, the ATOR protocol can solicit financial support for its ongoing development without requiring the participation of a single Venture Capital firm.

Rather than being launched as an independent blockchain, ATOR was initially released as a token on the already established and highly decentralized Ethereum blockchain. This facilitates both rapid adoption and easy registration.

How to Buy ATOR Tokens?

CoinEx is a global cryptocurrency exchange trusted by 5+ million users worldwide with 100% reserve. Users can trade quickly and seamlessly with its 700+ tokens supported, including ATOR. 

To purchase ATOR tokens on CoinEx, follow the steps below.

  1. Create an Account: Start by signing up for a CoinEx account.
  2. Deposit Funds: After logging in, deposit funds into your CoinEx account using any supported cryptocurrencies or deposit methods available on the exchange. Having funds in your account enables you to execute trades seamlessly.
  3. Navigate to ATOR Trading Page: Once your account is funded, go to the dedicated ATOR trading page on CoinEx. You can find a search box and enter the term ATOR to swiftly locate the trading pair associated with ATOR tokens.
  4. Choose a Trading Pair: Select the trading pair ATOR/USDT to trade ATOR against USDT (Tether).
  5. Specify the Purchase Amount: Determine the quantity of ATOR tokens you want to purchase. Input the amount in the trading interface, which will calculate the corresponding cost based on the current market price.
  6. Execute the Trade: Execute the trade with the specified amount. Confirm the details, and if you are satisfied, submit the order. 

Following these comprehensive steps, you can easily trade ATOR tokens on CoinEx using the available trading pairs.

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