What is Celestia (TIA)?
TIA is the native token of Celestia, a blockchain project designed to enhance scalability through a unique approach to data availability. Unlike traditional blockchains, Celestia leverages sharding technology as a core component, enabling it to scale effectively with the user base. This scalability is critical for supporting a growing number of applications and users. Celestia stands out by allowing developers to launch their own blockchains on its platform, fostering innovation and expansion in the blockchain ecosystem. Its innovative solution to the data availability challenge involves employing light nodes that sample chunks of each block, ensuring verification without the need to increase chain verification costs. This mechanism allows for larger block sizes while maintaining efficient and manageable verification processes. Celestia's focus on data availability and scalability positions it as a distinctive player in the blockchain space, providing a foundational technology that addresses some of the most pressing issues facing blockchain development today.
How to buy Celestia (TIA)?
Here's how to buy Celestia on Coinsquare
To buy Celestia, simply follow these steps:
1. Sign up for a Coinsquare account and verify your identity
This is the first step to buying TIA. Verifying your identity helps us to properly connect your funds to your account.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. After funding, select TIA from the list on the trade section
Coinsquare lets you trade TIA without leaving the app. You can also check the Celestia price and convert TIA to CAD or USD on the platform.
4. Select a currency you’ve funded and use it to check the TIA price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
5. Buy Celestia (TIA)
Congratulations! You’re now the proud owner of TIA. You can either HODL or use it to exchange TIA to CAD.
Where do I keep my Celestia (TIA)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.
Ready to add Celestia (TIA) to your portfolio?
Create your account, fund it with spare change and get a little bit of TIA.
