Augur (REP) is meant to utilize the understanding of the crowd via prediction markets on a protocol possessed and functioned by holders of the Ethereum-based Reputation token. Users in this market are supposedly betting on the results of events like performance of the company, results of the election or even natural phenomena by buying shares that will either support or disprove the proposed results of such particular events. The user-created markets by design could return fees to participants of the market while automating payouts utilizing software meant to be genuine, available to all, and fully decentralized.
$REP is hugely centered within the Augur Platform to manage transactions and speculate on results. $REP can even be utilized as a method of payment and an instrument of a speculative investment.
Augur markets might be accessed through a Metamask connection via the official website, Augur.net. Users may start trading after connecting their wallet, in any of the Augur platform’s available and open markets.
You can buy, trade and store $REP at LCX Exchange. There are several trading pairs available with $REP / EUR and $REP/ $LCX.
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