What is PlatON (LAT)?
PlatON is a blockchain that provides trustless computing infrastructure specifically designed for decentralized systems. It is optimized for building and scaling dapps as well as blockchain networks. PlatON was created in 2018 by Feng Xiao and has since grown to support the building of multiple technologies, including AI.
How PlatON (LAT) Works
PlatON has developed a new consensus mechanism called Concurrent Byzantine Fault Tolerance (CBFT) to improve the efficiency of its blockchain network. CBFT has the ability to produce blocks continuously without waiting for the previous blocks to be confirmed. CBFT also can greatly reduce complexity in communication, thereby significantly improving block production efficiency.
PlatON also utilizes another unique consensus mechanism called Probabilistic Proof-of-Stake (PPoS). It randomly selects nodes to participate in the CBFT consensus to balance performance and the number of verified nodes. Any LAT token holder can pledge to participate in the validator, and other LAT holders can vote through delegation. Validators are randomly selected from a list of validators through Verifiable Random Function (VRF) and probability distribution. Validators take turns to become proposers to produce blocks, and other validators perform block validation.
LAT is the native cryptocurrency of the PlatON network. LAT is used to pay fees for transactions, to incentivize nodes to process and verify transactions, to pay for data and computing power in the PlatON market, and to support the development of DApps and DeFi on the network.
How Many PlatON (LAT) Tokens Are in Circulation?
There is no hard cap on total supply for LAT. 3,666,885,924 LAT is in circulation.
How to Buy PlatON (LAT)
Consider investing in PlatON (LAT)? It only takes 2 minutes to create an account on Bitget and start trading LAT.
Check out the available LAT trading pairs on Bitget!
Spot market
PlatON (LAT) Resources
Simple 3-step guide to buying LAT today in United Arab Emirates
Create your free Bitget account
Select a funding method
Complete your PlatON purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for PlatON using a payment method of your choice:
Buy PlatON with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your PlatON order.
How to buy crypto with credit/debit cardBuy PlatON with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into PlatON is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your PlatON order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your PlatON order.Buy PlatON with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your PlatON order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor PlatON in your Bitget spot wallet
Bitget—where the world trades PlatON
How to buy PlatON for free
- Learn how to earn PlatON for free through the Learn2Earn promotion
- Earn free PlatON by inviting friends to join Bitget's Assist2Earn promotion
- Receive free PlatON airdrops by joining ongoing challenges and promotions
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FAQ
Can I buy $1 worth of PlatON?
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The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.