AEUR to USD Price Chart

What is the current price of AEUR?

As of now, the price of AEUR is $ 0.55786000. It has increased by +0.00% over the past 24 hours.

What Is AEUR?

AEUR is a digital token that is pegged on a 1:1 basis with the Euro, providing a stable representation of the fiat currency but in a digital form. It operates as a separate child chain on the Ardor platform. As such, it encompasses the benefits of blockchain technology while aiming to maintain a stable value equal to that of the Euro.

Who Created AEUR?

AEUR is an initiative created by the Ardor platform. Ardorgate, the team behind ardorgate.eu, is responsible for facilitating the token's operation and maintaining its peg to the Euro. It serves as a bridge between the traditional financial system and the innovative Ardor blockchain ecosystem.

How Does AEUR Work?

AEUR leverages the technology of the Ardor network, a blockchain-as-a-service platform, to provide users with a stable cryptocurrency pegged to the Euro. By being a child chain of Ardor, AEUR inherits the security and functionality of the platform but has its dedicated blockchain that can be used for transactions aligned with the value of the Euro. Its 1:1 peg means that for every AEUR token, there is an equivalent of one Euro backing it, typically held in reserve.

What Makes AEUR Unique?

The uniqueness of AEUR comes from its stable value directly pegged to the Euro and its integration into the Ardor ecosystem. Unlike other cryptocurrencies with volatile prices, AEUR is designed to be stable, allowing users to transact and store value with less concern about the fluctuation commonly associated with the crypto markets.

How Is AEUR Pegged to the Euro?

AEUR maintains its peg through Ardorgate's mechanism, which involves holding Euros in reserve equivalent to the number of AEUR tokens in circulation. Users of Ardorgate can exchange AEUR for the Euro, and vice versa, assuring a stable translation of value between the digital and fiat currencies.

What Is the Ardor Platform?

The Ardor platform is a scalable blockchain-as-a-service platform that offers the functionality of the blockchain without the complexity of developing and maintaining one's own. It utilizes child chains like AEUR to provide specific services, features or represents certain assets, while maintaining overall network security and interchain operability.

How Much AEUR Is in Circulation?

The circulating supply of AEUR is , with the objective to always match the amount of Euros held in reserve, therefore maintaining the 1:1 peg.

Where Can You Buy AEUR?

AEUR can be purchased on the exchanges that support Ardor's ecosystem. The current available exchanges are . Since AEUR is directly tied to the value of the Euro, it operates a bit differently than other cryptocurrencies and may not be as widely available on all platforms.

How to Keep Your AEUR Safe?

To keep AEUR safe, you should utilize secure wallets that support the Ardor platform and its child chains. It’s also recommended to follow best practices for cryptocurrency security, such as using hardware wallets for significant amounts or for holding tokens long-term, enabling two-factor authentication on exchanges, and keeping your private keys secure and offline when not used for transactions.

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