What is PlatON (LAT)?
PlatON is a blockchain that provides trustless computing infrastructure specifically designed for decentralized systems. It is optimized for building and scaling dapps as well as blockchain networks. PlatON was created in 2018 by Feng Xiao and has since grown to support the building of multiple technologies, including AI.
How PlatON (LAT) Works
PlatON has developed a new consensus mechanism called Concurrent Byzantine Fault Tolerance (CBFT) to improve the efficiency of its blockchain network. CBFT has the ability to produce blocks continuously without waiting for the previous blocks to be confirmed. CBFT also can greatly reduce complexity in communication, thereby significantly improving block production efficiency.
PlatON also utilizes another unique consensus mechanism called Probabilistic Proof-of-Stake (PPoS). It randomly selects nodes to participate in the CBFT consensus to balance performance and the number of verified nodes. Any LAT token holder can pledge to participate in the validator, and other LAT holders can vote through delegation. Validators are randomly selected from a list of validators through Verifiable Random Function (VRF) and probability distribution. Validators take turns to become proposers to produce blocks, and other validators perform block validation.
LAT is the native cryptocurrency of the PlatON network. LAT is used to pay fees for transactions, to incentivize nodes to process and verify transactions, to pay for data and computing power in the PlatON market, and to support the development of DApps and DeFi on the network.
How Many PlatON (LAT) Tokens Are in Circulation?
There is no hard cap on total supply for LAT. 3,666,885,924 LAT is in circulation.
How to Buy PlatON (LAT)
Consider investing in PlatON (LAT)? It only takes 2 minutes to create an account on Bitget and start trading LAT.
Check out the available LAT trading pairs on Bitget!
Spot market
PlatON (LAT) Resources
Simple 3-step guide to buying LAT today in Philippine
Create your free Bitget account
Select a funding method
Complete your PlatON purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for PlatON using a payment method of your choice:
Buy PlatON 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 PlatON order.
How to buy crypto with credit/debit cardBuy PlatON with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into PlatON is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your PlatON 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 PlatON order.Buy PlatON 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 PlatON 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 PlatON in your Bitget spot wallet
Bitget—where the world trades PlatON
How to buy PlatON for free
- Learn how to earn PlatON for free through the Learn2Earn promotion
- Earn free PlatON by inviting friends to join Bitget's Assist2Earn promotion
- Receive free PlatON airdrops by joining On-going challenges and promotions
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FAQ
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The Philippines (officially the Republic of the Philippines) is a Southeast Asian archipelago of approximately 7,641 islands. The Philippines has a population of 110 million and is also the second country in Southeast Asia that has a population exceeding over 100 million. The Philippines also has a long history of colonized rule; it was ruled by Spain, the US, and Japan, which created a rich and spanning history in the Philippines.
The official languages in the Philippines are English and Filipino, so you can easily enjoy the service on Bitget as it is fully supported in English regardless of Bitget app or website. The Philippine peso (PHP) is the country's currency, and you can use PHP to buy PlatON(LAT) on our P2P, spot, and futures trading right away on Bitget. Whether you are in Manilla, Quezon City, or Davao City, Bitget is ready to serve you with any cryptocurrency needs with the best trading experience.
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