What is Astra Protocol (ASTRA)

Astra Protocol or ASTRA is a next generation KYC platform. It is a decentralized platform focusing on the compliance of consumers and businesses on Web 3. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (ASTRA/USDT – Trade it here) on our innovation Zone, check it out now!

What is Astra Protocol (ASTRA)
What is Astra Protocol (ASTRA)

What Does Astra Protocol Provides?

Basically, Astra Protocol provides an advance and new generation of KYC. They are bringing financial regulatory standards for more than 150 countries worldwide. This also includes more than 300 sanctions and watchlists to the crypto industry. Furthermore, their application maintains the anonymosity of users, ensuring maximum safety.

The Four Applications of Astra Protocol

Know Your Customer (KYC)

Web 3 services that uses the Astra application can provide KYC to more than 150 countries. It also has 300+ sanction and screening lists with added biometrics for extra security. Furthermore, it runs on on-chain data for added speed. It also comes with a graded KYC risk score. Everything runs on a decenteralized legal network (DNL). Meaning, it is a KYC of the public for the public without any corporate interference.

Know Your Business (KYB)

KYB is similar to KYC in most features. It provides KYB to more than 150 along with DNL and KYC risk scores. However, Astra Protocol provides an additional beneficial owners check. This ensures that businesses in collaboration with Web 3 services receive proper verification. This also gives an additional level of safety to the business.

Anti Money Laundering (AML)

AML collects and safeguards Web 3 data. It also provides Web2 fraud screening. This focuses especially towards onboarding web 2 to web 3 services. Furthermore, Astra Protocol provides an anti-terrorism watchlist. It also ensures every services on the platform achieves FATF standards.

Fully Customizable Reporting

Astra Protocol provides a full web-based analytical platform for developers. Through analytics, developers can customize their own reports according to what they need the most. Additionally, all reports are exportable for easy sharing and presenting. Developers will gain customizable dashboards for more convenience and user friendly data management.

Is Astra Protocol (ASTRA) a Good Investment?

In the past week, Astra is seeing a lot of fluctuations in the market. Furthermore, it is currently on a downtrend despite their amazing services. Therefore, it is currently better to have short-term investment on Astra projects. It is also crucial for users to prepare a proper exit strategy before investing. It is also important to consult your financial adviser for any investment plans. This is not financial advice.

Where to buy Astra Protocol (ASTRA)

You can find Astra Protocol (ASTRA) here at MEXC! We are listing ASTRA/USDT in our innovation zone!

What is the Price of ASTRA Tokens?

ASTRA is trading with a market price of $0.3846 per unit. You can check the live price of their token right here!

How to buy ASTRA Tokens

You can buy ASTRA Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “ASTRA” using the search bar to see the available trading pairs. Take ASTRA/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of ASTRA you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy ASTRA] to confirm your order. You will find the purchased ASTRA in your Spot Wallet.

You can find a detailed guide on how to buy ASTRA Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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Wilbur Kwok
Wilbur strives in two ecosystem – Sports and Blockchain. Hit him up now to talk about all things crypto related!