What is Aster Coin? What You Need to Know About the Aster Ecosystem's Cryptocurrency

Source: BTCHaber Original Title: What is Aster coin? Original Link: https://www.btchaber.com/aster-coin-nedir/

What is Aster Coin?

Aster coin is the cryptocurrency of the Aster ecosystem. Aster is a decentralized exchange that facilitates the trading of cryptocurrencies on the blockchain. It combines various reward models alongside trading.

On Aster, futures and spot trading can be performed. In the reward model, users can use their income-generating assets as collateral. Thus, these assets are used in various trading activities, and users providing collateral can earn passive income.

Trading Modes

1001x Simple Mode: The simple mode called 1001x allows leveraged trading with a single click. The name 1001x comes from offering leverage up to 1001 times on certain assets.

Pro Mode: In Pro mode, an advanced interface based on an order book is provided for continuous futures trading.

Aster Founder

Aster was established in 2024 by a mysterious businessperson known as Leonard. After its founding, the project received support from YZI Labs. Aster coin was launched in 2025.

How Does Aster Work?

Aster operates as a decentralized exchange offering many features on a single platform.

Simple Mode Mechanism: The 1001x simple mode is based on a shared liquidity pool model. The main component is the ALP liquidity pool. Users who issue ALP tokens can contribute to this pool and act as liquidity providers. Decentralized oracles are used to ensure transparency and prevent price manipulation.

Pro Mode Mechanism: Pro mode operates on an order book system. Orders that add liquidity to the pool and are not immediately completed are called maker orders, while matched and immediately completed transactions are called taker orders.

There are two types of orders available in Pro:

• Hidden Orders (Gizli Emirler): The size of the order and the assets used are not visible on the order book until the transaction is completed. This minimizes market impact.
• Grid Trading: Multiple limit orders are placed within predefined price ranges, aiming to profit from market fluctuations.

How to Use ASTER Coin?

Aster coin is the primary cryptocurrency used within the ecosystem. It primarily functions as a utility (service) token. Users can use ASTER to pay for transaction fees.

In the Rocket Launch feature, used for discovering new projects, users must hold at least 100 ASTER to participate. Additionally, users with ASTER in their wallets during an airdrop can earn extra points.

Token Distribution

The maximum supply of Aster tokens is 8 billion, distributed as follows:

• Airdrop: %53,5
• Ecosystem and community: %30
• Treasury: %7
• Team: %5
• Liquidity and listing: %4,5

How to Buy ASTER Coin?

To buy ASTER, first you need to create an account on a cryptocurrency exchange. Then, complete the identity verification process of your account.

You need a balance in your wallet to complete the purchase. If you don’t have a balance, you can choose payment methods like bank transfer or credit card. After depositing your funds, you can buy the desired amount of assets.

When selecting an exchange, prefer platforms where you can trade ASTER with TRY pairs.

Purchase Steps:

1. On the exchange homepage, click on “Buy/Sell” or “Markets” at the top of the screen. Search for ASTER to proceed with the purchase.
2. On the buy/sell page, click the “Buy” button to start your transaction. If you don’t have an existing account, create one; if you do, log in.
3. Enter the amount of Turkish lira you wish to spend and proceed with the transaction. Decide on the amount you want to deposit and confirm the transaction.
4. In the final step, click the “Buy” button once more to confirm the transaction. Your cryptocurrency purchase will be executed immediately, and the acquired crypto will be credited to your account shortly.

This article does not contain investment advice or recommendations. All trading and investment activities involve risks, and readers should conduct their own research before making decisions.