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Buy Blast (BLAST)

BLAST

24H Change
24H Volume
Global Rank
#478
Market Cap

Blast Price

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About Blast (BLAST)

Blast (BLAST) is a cryptocurrency token associated with the Blast blockchain, an Ethereum Layer 2 (L2) scaling solution launched in February 2024. Designed to improve the decentralised finance (DeFi) experience, Blast combines scalability, efficiency and innovative yield-generating features.

Blast offers a native 4% yield on ETH and 5% on stablecoins like USDT, USDC and DAI. It uses optimistic roll-up technology to process transactions off-chain, increasing throughput and reducing gas fees. Auto-rebasing automatically adjusts users' ETH balances to reflect staking yields from L1 systems like Lido. 

The Blast ecosystem provides developers the tools they need to develop decentralised applications (dApp), while users can earn BLAST tokens through referrals, deposits, and engagement with dApps.

BLAST tokens power governance, allowing holders to vote on protocol upgrades and ecosystem development. They are also used to pay transaction fees and can be staked to earn rewards and contribute to network security.

How to Buy Blast (BLAST) in Australia

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Where is the best place to buy Blast?

The best place to buy Blast is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Blast and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.

How is the price of Blast determined?

The price of Blast is determined by the forces of supply and demand in the market. Similar to other assets, the price of Blast is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Blast are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Blast with credit card?

Swyftx does not allow you to directly buy Blast with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Blast instantly.

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By number of orders

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Period: Last 24 hours (AUD)

BLAST Buys and Sells

By number of orders

66% Buy
66%
Buys
34%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.