What is Flow (FLOW)?
Konstantin avatar
Written by Konstantin
Updated over a week ago

Flow is a decentralized layer-one blockchain designed as a foundation for a new generation of games and apps. It is powered by the FLOW token that serves as both a payment method and a long-term reserve asset. It is used by validators, developers and users to participate in the network and future protocol governance, pay fees and earn rewards.

The main objective of Flow is mainstream adoption; it’s the only blockchain that builds usability improvements into the protocol layer. Thanks to this, it has won recognition among top developers and some of the world’s largest brands that are already building on Flow. Its rich ecosystem includes such partners as Warner Music, NBA, Circle and Binance etc.

Check out this article to choose the most convenient way to buy cryptocurrencies, including FLOW.

Important: please note that FLOW deposits and withdrawals are currently not supported. You can buy, exchange and store FLOW. If you'd like to receive or send it, you'll have to first exchange it for a currency which supports crypto deposits and withdrawals – you can always check with the list in this article.

In compliance with the Financial Promotion Act which came into force on 8 October, 2023, at 8 AM UTC, some account functionality is temporarily limited for the Cryptopay customers with verified UK residency.
Check what services are available: Service availability in the UK

The world of crypto is vast and intricate - if you feel overwhelmed, check out Cryptopay Learn. It is a perfect place to start for beginners trying to understand the basics of crypto. For more experienced crypto enthusiasts, this is also an excellent opportunity to brush up on their knowledge. The more you learn, the more you earn!

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