How to buy Blur (BLUR)
If you’re interested in purchasing Blur (BLUR), this helpful step-by-step guide will show you how. We’ll walk you through the process so you can learn how to buy Blur (BLUR) with ease. Whether you’re new to cryptocurrency or just looking to expand your portfolio, this guide can provide you with the information you need to get started. So why not give it a try and learn Blur (BLUR) today?
Step 1: Create an account on an exchange that supports Blur (BLUR)
First, you will need to open an account on a cryptocurrency exchange that supports Blur (BLUR).
We recommend the following based on functionality, reputation, security, support and fees:
1
Bybit
Fees (Maker/Taker) 0.1%*-0.1%*
Cryptocurrencies
Available for Trade 400+
Sign-up bonus
$30,000 sign-up bonus*
Available in
Europe, Asia, Oceania, Africa
2
MEXC
Fees (Maker/Taker) 0.2%*-0.2%*
Cryptocurrencies
Available for Trade 1500+
Sign-up bonus
10% reduced trading fees & up to $170 in USDT vouchers*
Available in
North America, South America, Europe, Asia, Oceania, Africa
3
Gate.io
Fees (Maker/Taker) 0.2%*-0.2%*
Cryptocurrencies
Available for Trade 1000+
Sign-up bonus
Up to $100 in USDT vouchers*
Available in
Europe, Asia, Oceania, Africa
When you’re signing up for a cryptocurrency exchange, you’ll typically need to provide some basic information. This might include your email address, password, and full name. Depending on the exchange, you may also be asked for additional details like your phone number or address.
It’s worth noting that some exchanges have more stringent requirements, such as a “Know Your Customer” (KYC) procedure. This is typically the case with licensed and regulated exchanges. KYC procedures help ensure that exchanges comply with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. If you’re required to complete a KYC procedure, you’ll typically be asked to provide additional information, such as a government-issued ID or proof of address.
Step 2: Deposit funds into your account
When buying Blur (BLUR) on a cryptocurrency exchange, many of them allow you to use fiat currencies like EUR, USD, and AUD to make your purchase directly. To do this, you’ll need to fund your account with one of several deposit methods, including credit and debit cards, e-wallets, and direct bank transfers. If this is not an option on the cryptocurrency exchange that you have chosen, then simply move onto the next step in this guide.
It’s important to note that different payment methods may have varying fees associated with them. For example, credit card payments may have higher fees than other options. To avoid paying unnecessary costs, it’s a good idea to research the fees for each payment method before funding your account.
Step 3: Buy Blur (BLUR)
Buying Blur (BLUR) on a cryptocurrency exchange is a simple process. Look for the search bar or navigation menu and search for Blur (BLUR) or Blur (BLUR) trading pairs. Next, find the section that allows you to buy Blur (BLUR). Enter the amount of cryptocurrency you want to spend or the amount of fiat currency you want to use to buy Blur (BLUR). The exchange will calculate the equivalent amount of Blur (BLUR) based on the current market rate.
Before confirming your purchase, always double-check the transaction details, such as the amount of Blur (BLUR) you’ll receive and the total cost of the purchase. Additionally, some exchanges offer a proprietary software wallet to store your Blur (BLUR), but you can also create your own software wallet or purchase a hardware wallet for the highest level of protection.
If you’re looking for more detailed instructions on buying cryptocurrency, our “Absolute Beginner’s Guide to Cryptocurrency Investing” can take you through the process step-by-step. This guide also covers how to send and receive cryptocurrency.
If you’re brand new to the world of cryptocurrency, don’t worry! We offer beginner, intermediate, and advanced level articles to help you get up to speed with everything you need to know. These articles cover a wide range of topics, so whether you’re just starting out or looking to expand your knowledge, we’ve got you covered. With our resources, you can confidently navigate the cryptocurrency space and make informed investment decisions.
What is Blur (BLUR)?
Blur.io has been hailed as a game-changer in the world of NFT trading, thanks to its unique features and innovative approach to the market. As the leading trading platform for NFTs, Blur.io seeks to offer a more professional experience for traders and investors alike. This focus on professionalism sets Blur apart from other NFT marketplaces that primarily cater to casual users or enthusiasts. By offering advanced tools and options, Blur.io has attracted the attention of serious NFT traders who demand a seamless and efficient trading experience.
One of the main advantages of Blur.io is its support for batch shelf and floor-sweeping transactions. These features allow traders to execute multiple transactions at once, significantly streamlining the trading process. Batch shelf transactions enable users to purchase or sell a collection of NFTs with a single click, while floor-sweeping transactions permit traders to buy or sell multiple NFTs that meet specific price criteria. These tools are incredibly beneficial for professional traders who need to manage large volumes of NFTs and are seeking a more efficient means of doing so.
Another standout feature of Blur.io is its integration with other NFT marketplaces, providing users with a comprehensive view of the NFT landscape. This integration means that users can browse and compare NFTs not only from Blur.io but also from other platforms, granting them access to a wider range of assets and prices. Additionally, users can place orders directly through Blur.io, regardless of the NFT’s origin platform. This creates a seamless experience akin to buying or selling cryptocurrencies with instant liquidity, making it easier than ever for users to invest in NFTs and manage their portfolios.
The Ethereum mainnet serves as the foundation for Blur.io, which bolsters its reputation as a reliable and secure NFT marketplace. Ethereum is a well-established blockchain platform known for its smart contract capabilities and decentralized applications. By building on the Ethereum mainnet, Blur.io benefits from the network’s robust security and extensive user base, adding credibility and trust to the platform. Furthermore, since Ethereum is one of the most widely adopted blockchains for NFTs, Blur.io’s choice of underlying technology ensures compatibility with a broad array of NFT assets and enhances its position as a leading NFT trading platform.
Everything you need to know about the $BLUR airdrop
The recent completion of the $BLUR token airdrop marked a significant milestone for the Blur platform. Following the conclusion of Season 1 of the incentivization program, users who actively provided liquidity and engaged in trading on the platform received ‘Care Packages’ as a token of appreciation. These packages, which became accessible on February 14th at 12PM EST, contained generous rewards in the form of $BLUR tokens. Some fortunate traders reaped as much as $3 million worth of $BLUR tokens, and the project itself launched with an astounding valuation of $400 million.
As a result of the overwhelming success of the initial airdrop, the Blur platform is gearing up for another round of airdrops during ‘Season 2’. For those looking to maximize their potential earnings of $BLUR tokens in the upcoming airdrop, the most effective strategy is to actively participate on the platform. Engaging in activities such as buying, selling, and listing NFTs on Blur will increase your chances of receiving a more substantial reward in the forthcoming airdrop.
In addition to bolstering your eligibility for $BLUR token rewards, using the Blur platform for trading and listing NFTs also provides users with other advantages. By actively trading on Blur, users can gain valuable experience and insights into the NFT market, enabling them to make more informed decisions when investing in digital assets. Furthermore, listing NFTs on the platform exposes the assets to a wide audience of professional traders, potentially increasing the chances of a sale and contributing to the overall liquidity of the NFT market.
It is also essential for users to keep abreast of updates and announcements from the Blur platform. Staying informed about the latest developments will ensure that users are well-prepared for any changes to the airdrop requirements or the incentivization program as a whole. Following Blur’s social media channels and subscribing to their newsletter can be beneficial in staying up-to-date with the platform’s news, ensuring that users can take full advantage of the upcoming Season 2 airdrop and maximize their potential rewards.
BLUR Tokenomics
The BLUR tokenomics have been carefully designed to ensure a balanced distribution of the token supply, promoting long-term growth and sustainability. With a total of 3 billion BLUR tokens minted, their allocation will be spread out over a period of 4 to 5 years. The token distribution is structured in such a way that it caters to various stakeholders within the Blur ecosystem, incentivizing participation and fostering a sense of ownership among its users.
The lion’s share of the token allocation, 51%, is reserved for the community, which includes NFT traders, historical users of Blur, and creators. This allocation underscores the platform’s commitment to prioritizing its users and nurturing a thriving, engaged community. Another significant portion, 29%, has been set aside for past and future core contributors who have played an integral role in shaping the platform and driving its development. Investors and advisors have been allotted 19% and 1% of the tokens, respectively, in recognition of their financial support and strategic guidance.
A community treasury has been established, holding 360 million BLUR tokens, which is equivalent to 12% of the total token supply. This treasury is intended to benefit NFT traders, historical users of Blur, and creators by allowing them to claim their share of the tokens. The treasury’s primary function is to distribute tokens through various channels, including contributor grants, community initiatives, and incentive programs. The goal is to encourage continued participation in the Blur ecosystem, maintain user engagement, and foster a collaborative environment where users can contribute to the platform’s growth.
The distribution of the BLUR supply from the community treasury is meticulously planned, with 39% designated for contributor grants, community initiatives, and incentive programs. Furthermore, 10% of the tokens will be allocated to the next incentive release, ensuring that rewards continue to be available for users who actively participate in the platform. The vesting of BLUR tokens will adhere to a set schedule for each group of token recipients, providing a consistent and structured approach to token distribution. This approach ensures that tokens are released over time, reducing the risk of market fluctuations and promoting the long-term success of the platform.
BLUR’s meteoric marketplace growth
The rapid ascent of Blur to the top of the NFT marketplace landscape can be largely attributed to its well-orchestrated incentives program. In just six months since its release, Blur has managed to surpass OpenSea, the previous market leader, by offering a more user-friendly interface, lower fees, and deeper liquidity for NFTs. These features have made Blur an attractive destination for both novice and experienced NFT traders, fueling its exponential growth and solidifying its position as the world’s largest NFT marketplace.
A testament to the platform’s success, Blur’s impressive statistics paint a picture of a thriving and vibrant ecosystem. With over 400,000 active users, the platform has managed to attract a diverse and engaged community that actively participates in buying, selling, and trading NFTs. Additionally, the platform has achieved a staggering traded volume of $1.4 billion, as reflected on the Dune Analytics dashboard. These figures indicate that Blur has not only attracted a substantial user base but also facilitated a high level of trading activity, driving further growth and development.
Several factors contribute to Blur’s remarkable growth, one of which is the platform’s focus on providing a seamless and enjoyable user experience. The user-friendly interface is both visually appealing and intuitive, making it easy for users to navigate the platform and execute transactions. This emphasis on usability has played a significant role in attracting new users to the platform and retaining existing ones, contributing to Blur’s rapid expansion.
Another key element in Blur’s success is its competitive fee structure, which offers traders lower fees compared to other NFT marketplaces. By reducing the cost of transactions, Blur has made it more accessible and affordable for users to engage in NFT trading, in turn promoting a higher level of trading activity. Additionally, the deeper liquidity for NFTs available on the platform ensures that users can quickly and easily buy or sell assets, further enhancing the appeal of Blur as an NFT trading hub.
Blur development updates in 2023
In 2023, Blur (BLUR), a platform at the forefront of the NFT marketplace, has made significant strides in its development and market presence. Here’s a summary of the most notable updates and developments:
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Binance Listing and Market Response: The BLUR token saw a significant surge in its price, jumping 22%, following its listing on Binance. This listing was a crucial milestone, indicating growing market recognition and investor interest in the platform.
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NFT Marketplace Innovations: Blur has continued to make its mark in the NFT space by focusing on market liquidity, aggregated listings, and innovative features. These advancements aim to provide a fluid marketplace for traders, offering an intuitive experience with advanced features that cater to both creators and collectors. This approach is reshaping the NFT marketplace, positioning Blur as a potential leader in this domain.
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Token Launch and Performance: The BLUR token was launched on February 14, 2023, experiencing an immediate surge in its price, indicative of high market interest. Despite some fluctuations, the token has maintained a noteworthy presence in the market, demonstrating the platform’s potential and investor confidence. The platform’s approach as an NFT aggregator and its focus on facilitating speedy and efficient trades have been key factors in its performance.
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Community Engagement and Season 2: Blur has placed significant emphasis on community engagement, distributing a substantial number of BLUR tokens to its community during what they termed as “Season 1”. The commencement of “Season 2” marks a new phase in the platform’s strategy to involve and reward its community members.
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Unique Selling Points and Market Position: Blur distinguishes itself with a low-fee model, advanced analytics, and a user-friendly interface, catering to the needs of NFT traders and creators. These unique selling points have positioned Blur as a strong contender against other established players in the NFT marketplace.
These developments in 2023 showcase Blur’s commitment to innovation and user engagement in the NFT space. The platform’s focus on market adaptability, community involvement, and unique features indicate a strong potential for growth and influence in the evolving digital asset market.
Official website: https://blur.io/
Best cryptocurrency wallet for Blur (BLUR)
Navigating the world of cryptocurrency wallets can be quite an adventure, as there are numerous options available to suit different needs. To find the perfect wallet for you, consider your trading habits and the level of security you require. Generally, there are two main categories of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical).
Each type of wallet comes with its own set of advantages and drawbacks, so there isn’t necessarily a one-size-fits-all solution. As you embark on your journey to find the best crypto wallet for your Blur (BLUR) tokens, remember to keep an open mind and explore the features that align with your personal preferences and requirements.
When choosing the right wallet for your Blur (BLUR) tokens, consider the following factors:
- Trading frequency: Hot wallets are generally more suitable for active traders due to their quick login capabilities, allowing for seamless buying and selling of crypto. Cold wallets, on the other hand, are better suited for those who make less frequent trades.
- Supported cryptocurrencies: Although not all wallets cater to every cryptocurrency, some of the best ones can trade a vast array of currencies, offering a versatile experience. Make sure the wallet you choose supports Blur (BLUR).
- Security concerns: If you’re worried about potential hacking incidents, a physical cold wallet stored in a safe deposit box or a secure location at home provides the highest level of protection. However, if you’re confident in safeguarding your hot wallet, you might prefer its convenience.
- Associated costs: Investigate the costs of each wallet option. While many hot wallets are free to set up, cold wallets, being hardware devices, will require an upfront investment.
- Wallet features: While the basic functions of cryptocurrency wallets remain the same, additional features can distinguish one wallet from another. Hot wallets often come with advanced reporting tools, crypto market insights, and currency conversion capabilities. Security features can also be an essential factor when making your decision.
By considering all of these aspects, you’ll be better equipped to select the perfect cryptocurrency wallet for your Blur (BLUR) tokens.
For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.
If you’re planning to handle larger amounts of crypto, investing in cold storage can be a wise decision. Two of the most popular cold storage options are the Ledger Nano and the Trezor.
Ledger creates cold storage wallets designed for users who prioritize security. Their wallets are physical devices that connect to your computer, and you can only send cryptocurrency from them when they’re connected. Ledger offers a range of products, including the Ledger Nano S and the Ledger Nano X, which features Bluetooth connectivity.
Trezor, a trailblazer in the hardware wallet industry, combines top-notch security with an intuitive interface and compatibility with various desktop wallets. This blend makes it suitable for both beginners and experienced users. Trezor has earned a great deal of respect within the Bitcoin community over time. They offer two primary models – the Trezor One and the Trezor Model T, which comes with a built-in touchscreen.
Blur (BLUR) Price & Charts
- Market Capitalization And Daily Trading Volume
- Current Market Price Of Every Cryptocurrency Relative To USD (And Some Local Currencies)
- Circulating And Total Supply
- Historical Charts With Prices Relative To USD, Bitcoin (BTC), And Ethereum (ETH).
