All quotes are firm for their displayed duration and are inclusive of our fees and spread. Learn more about Uphold’s fees and spread.
Quotes are temporary and non-executable. You must sign in to your Uphold account to execute a quote and start trading. The current price display refers to the median retail transaction size up to 5,000 Euros. It's important to clarify that prices may vary for very small or very large orders. Update the pricing information to accurately reflect this variance.
Like most trading venues, our price charts display current mid-market rates. When you trade, you receive the current bid or ask price, depending on whether you are buying or selling. The difference between the mid-market rate and the bid or ask price is the spread, which is a normal feature of how exchange order books work.
Digital currencies are high risk. Do not invest money you cannot afford to lose. Please consider whether trading crypto is appropriate for your individual circumstances before investing.
What is Kaspa (KAS)?
Kaspa is a decentralized, open-source, and scalable Layer-1 solution.
The project was founded by Yonatan Somplinsky. Sompolinsky is also one of the founders of the GHOSTDAG protocol, which serves as Kaspa’s underlying infrastructure.Â
Kaspa - in their own words
Kaspa is supposedly the ‘fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine’.Â
The most obvious difference between Kaspa and traditional blockchains is their use of GHOSTDAG, which is a proof-of-work consensus protocol. Instead of orphaning blocks created in parallel, GHOSTDAG allows these blocks to coexist and orders them in consensus.
You can see how that works by checking out their real-time blockDAG visualizer.
This process also allows Kaspa to circumvent the ‘traditional security-scalability-decentralization tradeoff’ of blockchains by allowing them to improve on block rates, all whilst maintaining the ‘security guarantees of Bitcoin’.Â
The project has positioned itself as a ‘scalable generalization of the Nakamoto Consensus’, which is ‘faithful to the principles Satoshi embedded into Bitcoin’.Â
Kaspa prides itself in being a community project - KAS was distributed via fair launch, and the project’s marketing materials maintain that Kaspa is a fully community-governed and community-funded project.
KAS utility?
KAS is not a token - it is a digital currency, hence references to KAS as a ‘coin’.
KAS is the project’s native currency and is used for all on-chain transactions and to distribute mining rewards.
Similar Assets
Trust in transparency
The transparency you need - gain insights into fees, have your questions answered and feel secure with our lawful dedication.Â
Navigate seamlessly with our detailed answers to frequently asked questions.
With reserves exceeding 100%, your funds are ready for withdrawal anytime.
Transparent service fees.
We are seriously dedicated to compliance and transparency.
Instant support, assistance and answers to your questions.