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Convert
Philippine Peso (PHP) to Cartesi (CTSI) Instantly

PHP PHP
CTSI CTSI
Buy Cartesi (CTSI)

Purchase Cartesi (CTSI) with Philippine Peso (PHP) easily at Switchere and benefit from fast, secure transactions.

About
Cartesi (CTSI)

Cartesi (CTSI) is a Layer-2 infrastructure platform designed to resolve the critical issue of computational scalability and high costs on blockchain networks. Often referred to as "The Blockchain OS," its primary objective is to enable decentralized applications (dApps) with complexities that rival their centralized Web2 counterparts. Cartesi achieves this by allowing developers to build smart contracts and dApps within a full Linux operating system environment, utilizing mainstream programming languages and software stacks. This approach significantly lowers the barrier to entry for developers transitioning from Web2 to Web3, fostering a richer and more powerful dApp ecosystem built on robust blockchain technology.

The core of the platform is the Cartesi Machine (CM), a deterministic virtual machine that executes intensive computations off-chain. By leveraging Optimistic Rollups, Cartesi can process these complex calculations externally while anchoring the results with cryptographic security on the underlying Layer-1 blockchain, such as Ethereum. This hybrid model provides the immense computational power of off-chain processing with the verifiable trust of an on-chain digital ledger. The native utility token, CTSI, is integral to the network's tokenomics. It is used for staking within Cartesi's Noether Proof-of-Stake (PoS) sidechain, where node runners help secure the network and earn rewards. CTSI also functions as the payment method for computation and data availability services within the ecosystem.

Cartesi (CTSI)

How to Buy Cartesi (CTSI)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose PHP to CTSI Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Cartesi Wallet Address

    Provide your CTSI wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Cartesi

    Complete the payment, and your CTSI will be sent to your wallet.

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Frequently asked questions

  • What is the PHP/CTSI trading pair and what does it represent?

    The PHP/CTSI pair represents a direct fiat on-ramp for purchasing Cartesi's utility token (CTSI) using the Philippine Peso (PHP). This allows users to trade a national currency for a digital asset that powers Cartesi's Layer-2 platform. This platform is notable for enabling decentralized applications (dApps) to be built with mainstream software stacks by running a Linux environment on the blockchain via the Cartesi Machine.

  • What are the common methods for buying CTSI with Philippine Peso (PHP)?

    To buy CTSI with PHP, users typically utilize cryptocurrency exchanges that offer a PHP fiat gateway. The process involves completing KYC/AML compliance, then depositing PHP via common local payment methods such as GCash, PayMaya, InstaPay, or a direct local bank transfer. Once the PHP is in your exchange account, you can place an order on the PHP/CTSI order book to acquire the digital asset.

  • Why is Cartesi's approach to off-chain computation significant for blockchain development?

    Cartesi's significance lies in its use of Optimistic Rollups combined with the Cartesi Machine, a Linux VM. This architecture moves complex computations off-chain, drastically improving scalability and reducing costs, while maintaining decentralization. It allows developers to use familiar languages and tools, lowering the barrier to entry for building powerful dApps and creating a robust computational oracle for smart contracts.

  • Once I own CTSI, can I participate in staking?

    Yes, holding CTSI allows you to participate in Cartesi's Noether Proof-of-Stake (PoS) system. After acquiring CTSI via a PHP on-ramp, you can transfer the tokens from the cryptocurrency exchange to a secure digital wallet. From there, you can delegate your CTSI to a staking pool to help secure the network and earn staking rewards, contributing to the project's consensus mechanism.

  • What are potential fees to consider when converting PHP to CTSI?

    When trading PHP for CTSI, several fees may apply. First, the cryptocurrency exchange will have its own trading fee, usually a small percentage of the transaction value. Second, your payment provider for the PHP deposit (e.g., GCash, bank via PESONet/InstaPay) might charge a transfer fee. Finally, when you withdraw your CTSI to a private digital wallet, you will incur a blockchain transaction fee (gas fee) paid to network validators.
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