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Augur (REP) is a cryptocurrency based on a blockchain. Unlike many other cryptocurrencies, Augur does not have its own blockchain but is built on the Ethereum platform. Augur is a platform that is used for predictions on such events as sports, elections, world events, Bitcoin Sports Betting, etc.
Augur was started in 2014 and it was released in 2016. The goal of Augur is to have a more accurate platform for making predictions about future events. The decision by the Augur developers to use Ethereum as the blockchain instead of the Bitcoin blockchain was somewhat controversial, but developers said that Ethereum offered a better developmental platform.
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Augur generated of lot of interest after it was first released and it got a big boost from Microsoft saying that they were going to have a partnership with Augur and from Ethereum founder Vitalik Buterin who said that he supported the Augur platform. The value of the Augur cryptocurrency rose from $20 to about $100 when the Bitcoin surge occurred late in 2017.
How do I buy Augur?
You can buy Augur by using one of the currency exchanges such as Kraken, Bittrex or Poloniex. These exchanges allow you to use a credit or debit card or bank transfer to buy Bitcoin and then you can exchange it for Augur. You can then send Augur to your sportsbook account and you can withdraw Augur from your sportsbook account to your digital wallet.
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