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Where to buy ARK in India

Will ARK be the next global currency?

Will ARK be the next global currency?

Some cryptocurrencies aim to become valuable through rarity and limited supply. ARK aims to become valuable by being extraordinarily useful and widely available.

It’s a complete system rather than just a token. It has a lot of defining features, but the main one is probably its bridging chains. These let the ARK system connect with existing blockchains such as Ethereum and endless others that have yet to be created.

These bridging chains let ARK adapt to include new features over time and bring the most useful elements of other blockchains into its own ecosystem.

It’s also characterised by a very speedy eight-second block time, making for noticeably more responsive transactions than other blockchains can offer.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy ARK

Name Product Deposit methods Fiat Currencies Cryptocurrencies App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA


Buy 100+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card


Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Binance Cryptocurrency Exchange
Bank transfer (ACH)


Promo: New users earn up to USD 100 in bonus rewards on qualified deposits and trades. Valid till 31 December 2021. T&Cs apply.
Finder Exclusive: Get 10% discount on your fees when signing up through Finder.
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: As of September 2019, US-based users can only trade USD on the American dollar onramp of Binance, Binance.US.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
CoinSwitch Cryptocurrency Exchange
Credit card


CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges.
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)


Promo: Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
CoinDCX Exchange
Bank transfer (ACH)


A cryptocurrency exchange based in India which lists over 30+ trading pairs and supports INR.
BuyUcoin Cryptocurrency Exchange
Bank transfer


Based in India, BuyUcoin is an exchange platform that enables users to buy and sell cryptocurrency with INR.

Compare up to 4 providers

You can also get ARK on Bittrex, Bit-Z, COSS, UPbit, LiteBit, CoinSwitch and Cryptomate

What are the unique features of ARK and how does it work?

There are a lot of unique features. The most important thing to remember is probably that ARK isn’t just a token. It’s an entire system designed to function as the last cryptocurrency the world needs by utilising the following:

  • ARK SmartBridge. ARK is built to integrate features from other blockchains and to work across multiple chains. The most immediate application is to bring in essential features like smart contracts, but as blockchains proliferate and become a standard business solution, users may decide to use ARK to integrate multiple, application-specific business chains into a single framework.
  • Offchain solutions. ARK aims to release its own credit and debit cards, letting people use major-brand credit and debit cards backed by ARK.

ARK fees, inflation and earnings

A range of usage fees apply, which may be subject to change based on the value of the coin.

  • Transaction fee: 0.1Ѧ
  • Voting fee: 1Ѧ (51 votes per transaction)
  • Multi Signature: 1Ѧ per signature + 1Ѧ per signing account
  • Registering a delegate: 25Ѧ.

All fees are paid to the forging node which processes the block containing those fees.

For this to make sense. it’s worth knowing how ARK “forging” and “delegates” work.

ARK forging and delegates

Forging on ARK is equivalent to mining on other blockchains. ARK uses a delegated proof-of-stake (DPoS) mining algorithm to reward stakeholders semi-randomly for their contributions to the network.

These contributors are known as forgers or delegates. There are up to 51 at a time, and they’re democratically elected by other stakeholders. Their job is to maintain and run the network. In return, they get any of the set fees that they happen to process as well as a flat 2Ѧ per block reward.

There’s no set ARK coin supply limit or built-in deflation the way there is with other systems. Instead, having a set eight-second block time and a flat 2Ѧ mining reward results in reducing inflation year-on-year.

In the first year, ARK inflation was 6.31%, while in the second year, it was 5.93%. In the tenth year, it’s set to be 4.02%.

During December, 2017, the 51 delegates were forging a total of 10,800 blocks per day, earning a total of 422Ѧ. At US$5 per Ѧ, each delegate was earning over US$2,000 per day by being a forger, even before counting any transaction and other fees they earn in the process.

How voting works

Users can put an upvote next to their delegate of choice, at the cost of 1Ѧ. To change it, they can pay a further 1Ѧ.

Whichever 51 proposals have the highest number of votes at a time are eligible to force ARK blocks and collect the rewards.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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