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 Lesotho
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 Advcash, SEPA, Faster Payments, or PIX payment gateways 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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Landlocked Lesotho, often known as the Kingdom of Lesotho, is an exclave of South Africa. South African rand (R) and Lesotho loti (L) are the country's official currencies. The total population of Lesotho is 2,180,967 (2022). It takes less than 10 minutes to buy Ampleforth(AMPL) and other cryptocurrencies in Lesotho using the Bitget peer-to-peer network and other methods of crypto deposit.
English and Southern Sotho are both official languages in Lesotho. Both the Bitget website and app are available in English.
Beautiful cities like Maseru, Teyateyaneng, Mafeteng, Hlotse, and many others can be found in Lesotho. The greatest cryptocurrency trading platform in Lesotho is Bitget exchange, no matter where you are.
The climate of Lesotho is typically categorized as temperate with alpine features. The nation has warm summers and rather chilly winters. Mostly as a result of the greater elevations, temperatures tend to be lower than in other nations at comparable latitudes. The landscape consists primarily of highland plateaus, hills, and mountains. The only country in the world that is entirely over 1,000 meters in altitude is Lesotho. The highest lowest point of any nation in the globe is located there, at 1,400 meters.
Every year on October 4, Lesotho marks the day the country gained independence from the British in 1966 by celebrating Independence Day. The Maluti Mountains, Gates of Paradise Pass, Royal Palace, Maletsunyane Falls, Semonkong, and Liphofung Caves are just a few of the stunning sights in Lesotho. In Lesotho, Bitget is the most popular cryptocurrency exchange.