What exactly is the Astra Protocol (ASTRA)?

in #mexc2 years ago

Astra Protocol, also known as ASTRA, is a next-generation KYC platform. It is a decentralized platform focusing on consumer and business Web 3 compliance.

What Does the Astra Protocol Offer?

Astra Protocol, in essence, provides an advanced and new generation of KYC. They are bringing financial regulatory standards to over 150 countries around the world. This includes over 300 sanctions and watchlists for the cryptocurrency industry. Furthermore, their application protects users' anonymity, ensuring maximum safety.

The Four Astra Protocol Applications Know Your Customer (KYC)

More than 150 countries can be served by Web 3 services that use the Astra application. It also has over 300 sanction and screening lists, as well as biometrics for added security. It also runs on on-chain data for increased speed. It also includes a graded KYC risk score. Everything is powered by a decentralized legal network (DNL). That is, it is a public KYC for the public, with no corporate interference.

Understand Your Industry (KYB)

In most ways, KYB and KYC are similar. It offers KYB to over 150 customers, as well as DNL and KYC risk scores. Astra Protocol, on the other hand, includes an additional beneficial owners check. This ensures that businesses working with Web 3 services are properly verified. This also adds another layer of security to the company.

Money Laundering Prevention (AML)

AML collects and protects Web 3 data. It also offers Web2 fraud detection. This focuses on transitioning web 2 to web 3 services. Astra Protocol also includes an anti-terrorism watchlist. It also ensures that all services on the platform comply with FATF standards.

Reporting is completely customizable

Astra Protocol offers a comprehensive web-based analytical platform for developers. Developers can use analytics to create custom reports based on their specific requirements. Furthermore, all reports can be exported for easy sharing and presenting. Customizable dashboards will be available to developers for more convenient and user-friendly data management.

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Is Astra Protocol (ASTRA) a Good Buy?

Astra has seen a lot of market volatility in the last week. Furthermore, despite their excellent services, it is currently in decline. As a result, it is currently preferable to make a short-term investment in Astra projects. Before investing, users should also develop a proper exit strategy. Any investment plans should also be discussed with your financial adviser. This is not investment advice.

Where to Purchase Astra Protocol (ASTRA)

Astra Protocol (ASTRA) is available at MEXC Global! ASTRA/USDT has been added to our innovation zone!

How much do ASTRA Tokens cost?

ASTRA currently has a market price of $0.3846 per unit.

How to Purchase ASTRA Tokens?

Follow these steps to purchase ASTRA Tokens on MEXC:

1.Log in to your MEXC account and then select [Trade]. Select [Spot].

2.To see the available trading pairs, type "ASTRA" into the search bar. As an example, consider ASTRA/USDT.

3.Scroll all the way down to the [Spot] box. Enter the quantity of ASTRA you wish to purchase. 4.You can place a Limit order, a Market order, or a Stop-limit order. Consider the Market order. To place your order, click [Buy ASTRA]. The ASTRA you purchased will be stored in your Spot Wallet.