Blast is an Ethereum Layer 2 (L2) solution that offers native yield for both ETH and stablecoins. Unlike other many L2 protocols that do not provide any yield, Blast automatically distributes yield from Ethereum staking and on-chain T-Bill protocols directly to users. More specifically, Blast provides a 4% yield on ETH and a 5% yield on stablecoins.
The project was founded by Pacman, the creator of Blur, a leading NFT marketplace on Ethereum. Blast has garnered significant attention, attracting over $320 million in deposits shortly after its launch announcement.
Notably, Blast is an EVM-compatible, optimistic rollup that raises the baseline yield for users and developers without changing the experience cryptonatives expect.
In addition to native yield, Blast plans to distribute 100% of gas fee revenue directly to developers, a departure from the current practice where L2 networks retain this revenue. Developers will have the flexibility to either keep this revenue or use it to offset gas fees for their users.
Blast’s approach positions it as a notable new player in the Layer 2 field, offering unique incentives that may attract both liquidity and developer talent away from established L2 networks.
How to Buy Blast (BLAST) in 4 Steps
The whole process can take as little as 10 minutes, and all you’ll need is a smartphone or computer, photo identification, and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Blast (BLAST) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Blast – Use your funds to Buy BLAST.
We list the top 3 exchanges that offer the ability to buy Blast (BLAST) cryptocurrency with a credit card, debit card, or Bitcoin (BTC). Note that geographical restrictions may apply.
A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies, including Blast (BLAST). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.
Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. With just a couple of clicks, you can make trades directly from your deposit method without even having to wait for funds to clear your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.
Germany & Netherlands residents are prohibited.
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Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.
KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.
KuCoin currently offers Blast (BLAST) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
USA Residents are Prohibited.
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Established in 2013, Gate.io has grown into a reputable trading platform. While it is not the most popular exchange, it provides users with an easy-to-use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Blast (BLAST), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australian & UK residents.
USA & Canada residents are prohibited.
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