Skip to main content

Aptos (APT)

What is Aptos?​

Here are 5 key points about Aptos (APT) Blockchain:

  • Aptos is designed to achieve high transaction throughput, capable of handling a significant number of transactions per second. Aptos utilizes a modular architecture that separates different components of the blockchain, such as consensus, data storage, and execution.

  • The scalability of Aptos relies on its ability to execute transactions in parallel, rather than sequentially. This parallel execution significantly enhances the processing speed and overall efficiency of the blockchain.

  • Aptos prioritizes security with features such as formal verification of smart contracts and a robust consensus mechanism. These measures help to protect against various types of attacks and ensure the integrity and reliability of the network.

  • The Aptos blockchain utilizes the programming language, Move, that is a highly secure and flexible programming language originally developed by Facebook's Diem (formerly Libra) project.

  • The native currency of the Aptos blockchain is called APT, used for transaction fees and can be stake by validators and delegators to participate in the network's consensus mechanism. APT holders have governance rights, allowing them to participate in decision-making processes regarding protocol upgrades and other important network parameters.

tip

Learn more about Aptos by reading the Gem Wallet Learn article:
What Is The Aptos Blockchain?

Aptos on Gem Wallet​

Gem Wallet has the following features enabled for Aptos:

  • Buy Aptos (APT) with fiat using debit/credit cards.
  • Store Aptos (APT) tokens securely.
  • Send and Receive APT tokens natively.

Aptos on Gem Wallet Aptos Chart on Gem Wallet

How to Get Aptos?​

Here are some ways to acquire some Aptos (APT):

  • Buy Aptos (APT) directly on the Gem Wallet app.
  • Receive APT with the unique Aptos address on the Gem Wallet app.

Buy Aptos on Gem Wallet Receive Aptos on Gem Wallet

Transaction Fees on the Aptos Network​

The fees on Aptos are summarized as follows:

  • APT is used to pay for transaction fees when users conduct transactions on the Aptos network.
  • The Aptos blockchain is designed to optimize transaction fees, making them more predictable and stable.
  • The fees collected on the Aptos blockchain serve as an incentive mechanism for validators.

Send Aptos Fee on Gem Wallet Transfer APT Transaction on Gem Wallet

How to Check Aptos (APT) Balance?​

Gem Wallet app connects to the Aptos (APT) Network to show the APT balance on your wallet. Tap on the 3 dots at the upper right corner, then tap on View address on AptosLabs.

View Aptos Balance on AptosLabs APT Blance on AptosLabs

tip

AptosLabs is the default APT explorer of Gem Wallet. You can manually check balances and transactions by going to AptosLabs and search for your APT address.