1 ALT = ₫212.47 Vietnamese Dong 1 VND Vietnamese Dong = 0.004707 ALT
Last updated:
View ChartAltlayer (ALT) is a decentralized protocol that provides a restaked rollup-as-a-service framework, enabling developers to launch highly scalable and secure application-specific rollups on demand.
Key takeaways
Altlayer is a decentralized protocol designed to simplify the creation of highly scalable and secure application-specific rollups by providing a restaked rollup-as-a-service framework.
| Item | Details |
|---|---|
| Name (Ticker) | Altlayer (ALT) |
| Alternative Names | - |
| Consensus Mechanism | Proof-of-Stake (PoS) via restaking |
| Smart Contracts | Supported (EVM-compatible) |
| Category | Restaked Rollups, Layer 2, Scalability |
| Hash Algorithm | Keccak-256 |
| Block Reward | N/A (Protocol fees distributed to stakers/operators) |
| Max Supply | 10,000,000,000 ALT |
| TPS | High and variable, dependent on the specific rollup implementation |
| Scaling Solution | Optimistic and ZK Rollups |
| Blockchain | Operates as a protocol on Ethereum, utilizing EigenLayer for security |
Altlayer was founded by Dr. Yaoqi Jia, a prominent figure in the blockchain space with a strong academic and industry background. Prior to founding Altlayer, Dr. Jia was the former co-founder and CTO of Zilliqa, one of the first public blockchains to implement sharding. He also served as the Head of Parity Asia, contributing to the development of the Polkadot ecosystem. The project is backed by a team of experienced researchers and engineers and has secured funding from notable venture capital firms in the crypto space, including Polychain Capital, Binance Labs, and Jump Crypto. This combination of experienced leadership and strong institutional support has been instrumental in Altlayer's development and adoption.
Altlayer functions as a decentralized protocol that abstracts away the complexity of launching a rollup. Its core innovation lies in integrating with EigenLayer, a restaking protocol on Ethereum. Here’s a simplified breakdown of the process:
Altlayer's primary value proposition is its restaked rollup-as-a-service (RaaS) model, which addresses key challenges in the rollup landscape.
The ALT token is the utility and governance backbone of the Altlayer ecosystem, with several key use cases:
The Altlayer ecosystem is in a growth phase, focused on onboarding developers and expanding its network of restakers and operators.
ALT is not a mineable cryptocurrency in the traditional Proof-of-Work sense. It is a utility token native to the Altlayer protocol, with its total supply predetermined. The primary ways to acquire ALT are through participation in its ecosystem:
Securing your ALT tokens is paramount, given their value and utility within the Altlayer ecosystem.
ALT is a popular cryptocurrency listed on many exchanges. However, it is recommended to trade on a major platform like BTCC exchange for higher liquidity and better customer support.
To minimize trading costs, market participants should prioritize exchanges offering competitive “maker/taker” fee structures.
BTCC—Recognized as one of the industry’s lowest-fee cryptocurrency exchanges, particularly for derivatives trading—offers futures trading fees as low as 0.01%. This cost efficiency makes BTCC a preferred venue for high-frequency and high-volume traders seeking to optimize capital preservation.
Most major, regulated exchanges support buying ALT with VND. The best platform for you depends on your chosen deposit method.
BTCC is a reliable veteran exchange that has been operating since 2011. You can easily deposit fiat currency via credit cards or bank transfers to buy USDT. Once your account is funded, you can instantly swap to ALT/USDT pairs.
To quickly convert ALT to VND, you'll need a platform that offers ""instant exchange"" or ""one-click sell"" features—ideally one that supports Interac e-Transfer for fast withdrawals to your Canadian bank account.
The cryptocurrency calculator and exchange tool on BTCC provides instant valuations for exchanging ALT for VND. As a long-standing exchange with robust reserves, it’s a go-to for many Canadians looking for a seamless ""crypto-to-loonie"" experience.
To help users grasp the ""real-world"" value of Altlayer, BTCC allows you to compare your ALT balance to everyday expenses, such as a monthly Canadian salary, a new iPhone, or a barrel of crude oil. For new investors in Canada trying to assess their actual purchasing power, this contextual data is incredibly helpful.
Trading ALT/VND involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit VND or ALT into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the ALT/VND trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you think the price will rise, place a buy order.
To Sell (Go Short): If you think the price will fall, open a short position (available in derivatives trading, such as futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Centre
Yes, absolutely. BTCC supports multiple methods to gain exposure to Altlayer(ALT) using VND, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Altlayer directly.
Trade on the Spot Market: Deposit VND and place a buy order on the ALT/VND spot trading pair using market or limit orders, taking direct ownership of the ALT.
Trade ALT/VND Futures: For more advanced strategies, you can trade ALT/VND perpetual or dated futures contracts. This allows you to speculate on Altlayer's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your ALT to VND conversion on BTCC:
Sign in to your account, or create a new BTCC account if needed.
Go to the trading interface and select the ALT/VND trading pair.
Input the specific amount of Altlayer you wish to sell.
Verify the displayed exchange rate and your final VND total.
Confirm and finalize the sell transaction.
Following these steps, your VND balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the 'Crypto Converter' section on our website or in the app.
Enter the amount of the ALT you want to convert in the first field.
The equivalent value in VND will be instantly calculated and displayed in the second field, using the latest live market rate.
The ALT/VND exchange rate is the current market price at which 1 Altlayer(ALT) can be exchanged for VND. Put simply, it tells you how many VND one Altlayer is worth at any given moment.
Currently, one Altlayer is ₫212.47. Due to the 24/7 nature of the global cryptocurrency market, the price of 1 Altlayer (ALT) in VND is constantly changing. To see the live price, please check the market data section at the top of our platform or visit our ALT to VND converter.