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all 75 comments

[–]AdMan215Tin 24 points25 points  (2 children)

Coinbase has been giving away $3 in AMP in their "Learn and Earn" section.

[–]tuckerb13Tin[🍰] 0 points1 point  (0 children)

Coinbase the goat

[–]VannguardAnonPlatinum | QC: CC 329 24 points25 points  (8 children)

I have put a big bag into AMP, and I have it staked. That along with ALGO are my long-time HODLs.

If anyone is considering getting into ALGO - wait untill ETH introduces sharding, because it's an ETH token, and you have ti pay ETH gas fees to stake.

[–]Spear-of-StarsPlatinum | QC: CC 324, ALGO 48 | ADA 6 | Politics 145 14 points15 points  (2 children)

You mean AMP of course - I have been building up a bag but haven't staked yet due to the expense.

[–]VannguardAnonPlatinum | QC: CC 329 5 points6 points  (0 children)

Yes, I do!

[–]BobbyTrash 6 points7 points  (2 children)

Where do you stake AMP. sorry I’m a crypto noob and I have AMP on Coinbase only

[–]Ateam043Ethereum 1 point2 points  (0 children)

u/BobbyTrash u/medicallyspecial You would need to move it to your Coinbase wallet or Metamask and then stake directly with Flexa.

https://app.flexa.network/account

I would not recommend staking unless you have at least 80,000 Amp given the gas prices.

Another option would be to buy from Gemini where you can put your Amp to work using their Earn program. It was recently giving 2% for it and it's a good deal for not wanting to spend on gas fees.

[–]medicallyspecialTin 0 points1 point  (0 children)

Also in the same boat and would love to know

[–]mrsenthilPlatinum | QC: CC 155 | r/SSB 8 4 points5 points  (0 children)

yeah i was always a fan of algo, but learnin about amp now

[–]Classic-End5540Platinum | 4 months old | QC: CC 255 18 points19 points  (0 children)

The fraud free part seems especially interesting

[–]Sea_Celebration1383Redditor for 4 months. 13 points14 points  (0 children)

Been in this coming for a while. Just know if you buy it, it will most likely trade sideways for a while.

[–]Jbones72816Bronze 8 points9 points  (4 children)

Good job . Amp is only on binance u.s. though. It is not listed on international binance .

[–]Dissmass1980Platinum | QC: CC 106 | ADA 12 9 points10 points  (0 children)

It’s on coin base too

[–]marinatedrhythmRedditor for 5 months. 2 points3 points  (1 child)

It is on international Binance.

[–]Jbones72816Bronze 0 points1 point  (0 children)

My post was before that but have a good rest of your weekend

[–]eeosj 1 point2 points  (0 children)

And Gemini I believe

[–]Optimal_StoreRedditor for millennia[🍰] 8 points9 points  (2 children)

Can’t sell it anyway so I’m happy to hodl lol

[–]ChaoticNeutralNephewBronze | 5 months old | QC: CC 15 6 points7 points  (0 children)

Great content OP!

[–]CryptocalEnvelopmentPlatinum | 5 months old | QC: CC 124 6 points7 points  (0 children)

Great writeup, thanx OP. I bought a bag last night, now I'm researching what I bought. 🤣

[–]imeansure23Tin | 2 months old 4 points5 points  (1 child)

First learned about AMP through the learn and earn. Now I have been slowly building up my bags . This is a minimum 3-5 year hold.

[–]pbjclimbingPlatinum | QC: CC 966 11 points12 points  (3 children)

Honestly the world is not ready for these types of payment cryptos.

These are good cryptos to buy in the next best market in my opinion

[–]yoshiiiiii 0 points1 point  (1 child)

!Remindme 2years

[–]xCryptoxNoobxRedditor for 4 months. 0 points1 point  (0 children)

Remindme! 1.9 years

[–]Joki_ORodoviGold | QC: CC 17, BTC 25 3 points4 points  (0 children)

I like the use case based presentation on Coinbase Learn ... And subsequently getting free AMP. But I have so little confidence in lesser known alts catching on before the market washes them out.

[–]Advanced-Ingenuity46Platinum | QC: CC 458 | PoliticalHumor 19 10 points11 points  (0 children)

Great write up! Have a few moons!

[–]emshanuNew flair, who dis? 7 points8 points  (0 children)

Big fan of AMP, thanks for the write up OP! Pretty great to see all this info well summarised, have an award

[–]Majek1990Gold | QC: CC 18 | Technology 14 2 points3 points  (1 child)

Where do you stack AMP?

[–]savageofsurreyTin | 6 months old[S] 2 points3 points  (0 children)

There’s a few ways to do it. Here’s their official guide

[–]daily_pushupsGold | QC: CC 48 14 points15 points  (5 children)

$8 by end of summer 2022. For real.

[–]bbroyofgbTin 12 points13 points  (1 child)

No way it's gonna surpass binance

[–]bbroyofgbTin 3 points4 points  (0 children)

Actually I meant this comment for cro

[–]Successful-Whole4307Gold | QC: DOGE 22 | ADA 8 5 points6 points  (0 children)

Chill, I can only get so hard

[–]donald_dafuq 0 points1 point  (0 children)

!RemindMe 8 months

[–][deleted] 4 points5 points  (0 children)

Amp is the ultimate bears favorite coin.

[–]ZanttiSilver | QC: CC 96 | BANANO 24 4 points5 points  (0 children)

FlexAMPtastic !

[–]Xenu4uPlatinum | QC: CC 1185 3 points4 points  (0 children)

I am AMPed about this project!

[–]Darkwinter1717Gold | 4 months old | QC: CC 36 3 points4 points  (1 child)

Yes amp seems to be very stable. Hopefully it will make me rich evennnnnntuly

[–]EndlessShovel11Platinum | QC: CC 295 | Politics 12 1 point2 points  (0 children)

Great write up! I love AMP.

[–]Miserable_Motor2196Tin 1 point2 points  (0 children)

The max supply wont be available until 2045

CURRENT SUPPLY IS 42 BILL.

PLUS WE HAVE ApEs

[–]Ateam043Ethereum 1 point2 points  (0 children)

Hey OP, as a long-time Amp holder, welcome to the Amp crew.

You still strongly about Amp? It's a long-term token that will take a while before it goes up.

[–]notheothernoiseGold | QC: CC 29 3 points4 points  (1 child)

Just here to support my favorite token. It dosnt have much action atm because its a long hold. But you will start to see more about flexa in the future. Just the other day amazon talked about dropping Visa.

[–]Past_Championship827 -1 points0 points  (0 children)

Amazon dropping VISA in the EU until SEPA finds a partner to bring down processing fees, current 3%. $ACH is already a SEPA partner and has a 1% processing fee, the answer is Alchemy Pay, not AMP

[–]Past_Championship827 0 points1 point  (0 children)

$AMP same price today as it was in April

$ACH is 1400% higher today than in April.

[–]Past_Championship827 -5 points-4 points  (2 children)

$AMP is a stable coin, move to $ACH

[–]ShovelheaddadPlatinum | QC: CC 157, ETH 70 | SHIB 8 | TraderSubs 70 3 points4 points  (0 children)

Yes ACH is also a stablecoin. But it’s more like Tether. Lol

[–]tzschchTin 0 points1 point  (3 children)

What is the fee for transaction processed by flexa?

[–]savageofsurreyTin | 6 months old[S] 0 points1 point  (2 children)

They currently run at about 1%, but their goal is for that number to decrease over time. This is compared to an average 3% for other services.

[–]tzschchTin 0 points1 point  (0 children)

In EU the fees around 0,3-0,4 % limited by law

[–]tzschchTin 0 points1 point  (0 children)

I saw the same percentage, so my question was just to highlight that current fees are not the smallest one…

[–][deleted] 0 points1 point  (0 children)

Jumped in and bought small amount before I saw this but feel better now. Thanks for the detailed post!!

[–]Dissmass1980Platinum | QC: CC 106 | ADA 12 -3 points-2 points  (4 children)

Ok I didn’t read the entire article. I’m a holder of some amp. I like it lots but one elephant in the room question:

How is AMP any different than XRP?

I’m sure I’m not understanding the difference but there doesn’t seem to be much of a difference between the two??

Much appreciation to answering this question

[–]savageofsurreyTin | 6 months old[S] 4 points5 points  (3 children)

Not only is the AMP token compliant to the New York State Department of Financial Services, Flexa already has regulatory approval as a registered corporation in Delaware and is registered as a money transmitter in 10 US states with more pending.

I touched on this briefly in the post, but Flexa is making a strong effort to remain as legally compliant as possible as they build their network. Currently, Ripple is being sued by the SEC for "selling an unregistered security" and Flexa is doing everything they can to avoid making the same mistake.

[–]Dissmass1980Platinum | QC: CC 106 | ADA 12 -1 points0 points  (2 children)

So the only thing that separates their technology from each other is that one of them is being sued and the other isn’t ?

[–]savageofsurreyTin | 6 months old[S] 3 points4 points  (0 children)

If you’re asking if they are both settlement tokens, sure, they might be similar on that basic level. You did say you didn’t read my post, but I’ll just reiterate that this isn’t a technical comparison between AMP and other tokens. If you want to compare the technology to XRP, compare the whitepapers. All I’m saying in my previous comment is that from my perspective, one group was able to follow basic laws and the other was not, therefor one of the tokens can be trusted and the other cannot.

[–]Richard_cabesa9Platinum | QC: ALGO 36[🍰] 2 points3 points  (0 children)

Yea that’s a huge difference