How to Buy DESO with ETH, BTC, USDC & SOL or on Coinbase
Keep in mind that past performance is no guarantee of future returns, and never invest money that you cannot afford to lose. Meanwhile, CoinCodex had an overall neutral sentiment in terms of its short-term Decentralized Social price prediction for 2022, with 17 indicators showing bullish signs and 10 displaying bearish signals. At that time, there were 8,884,536 DESO in circulation out of a total supply of 10,808,492. This gave DESO a market cap of around $149m, making it the 231st-largest crypto by that metric. According to cryptocurrency research and data site IsThisCoinAScam, the DeSo project has a safety score of 53%, data on 14 October 2022 showed. To apply for the funding, developers had to build a demonstration that used the DeSo blockchain.
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- We list the top 3 exchanges that offer the ability to buy Decentralized Social (DESO) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
- According to DeSo, more than 200 decentralised applications (dApps) have been built on the network to date.
- Binance is one of the most popular cryptocurrency exchanges in the world, and handled $ 815,214 worth of Alien Worlds Trilium trading volume in the last 24 hours.
- This ensures that your crypto trading experience is quick and reliable.
- Since the operation procedures vary from different CEX, we can’t provide you a step-by-step guide on how to buy in all the different centralized exchanges(CEX), but we can provide you with some general procedures.
Not only can these tokens be traded, sent and received, but assets such as social tokens and NFTs can also be bought. Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase https://topbitcoinnews.org/if-you-bought-bitcoin-you-should-know-about-cold/ and Uphold. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase.
DeSo has said that it is “the only layer-1 blockchain capable of scaling social media apps”. Unlike other general purpose blockchains such as Ethereum, Solana and Avalanche, DeSo is built “to support the unique storage/indexing requirements that social media apps require”. Currently, the best Alien Worlds Trilium exchange to buy TLM is Binance, which saw $ 815,214 worth of Alien Worlds Trilium trading volume in the last 24 hours.
List of all Decentralized Social exchanges where you can buy, sell, trade DESO coin, sorted by trading volume
Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. The table below shows all exchanges where you can buy Decentralized Social (DESO) crypto, such as Gate, Coinex, AscendEX (BitMax), etc. For some exchanges there is a depth percent that shows how much liquidity is available, live bids two percent up or down from the current price.
- Underpinning Decentralized Social are its native tokens, known as ‘DESO’, which maintain a fixed supply of 10.8M.
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- Keep in mind that past performance is no guarantee of future returns, and never invest money that you cannot afford to lose.
Using a credit card is a fast and convenient payment method for purchasing cryptocurrencies, but typically comes with higher fees than other ways of buying cryptocurrency with fiat. You should be aware of all the dangers connected with cryptocurrency trading and seek counsel from a financial expert who is not affiliated with any cryptocurrency exchange. This website’s opinions, news, research, analysis, pricing, and other information are offered as general market commentary and do not represent investment advice.
What is DeSo?
If you are considering investing in cryptocurrency tokens, we recommend that you always do your own research. Look at the latest market trends, news, technical and fundamental analysis, and expert opinion before making any investment decision. Keep in mind that past performance is no guarantee of future returns, and never trade with money that you cannot afford to lose.
They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Most Popular Exchanges to Trade Decentralized Social
Never invest more money than you can afford to lose, because prices can go down as well as up. It is important to note that price forecasts, especially those for something as potentially volatile as cryptocurrency, often end up being wrong. Also, it is useful to remember that long-term crypto price forecasts are often made using an algorithm, which means that they can change at a moment’s notice. Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact Mogul Productions’ (STARS)’s price and market cap.
These features enable creators to more effectively monetize their content and connect with their followers on DeSo-powered apps. In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio. Whether DESO is a suitable investment for you depends on your risk tolerance and how much you intend to invest, among other factors.
Established in 2013, Gate.io has grown in to a reputable trading platform. While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange https://bitcoin-mining.biz/unreal-enginegame-development/ boasts a large number of altcoins including Decentralized Social (DESO), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation. Alien Worlds Trilium is listed on 34 exchanges across 52 trading pairs.
We have gathered the best exchange platforms that support DESO and listed their main features, pros, and cons. Trezor Wallet is a physical hardware wallet for Bitcoin digital currency that can function independently of the Internet.. Launched in 2018, WazirX claims to be India’s fastest growing cryptocurrency exchange with over 400,000… The DeSo blockchain is supported by the non-profit DeSo Foundation, whose broad mission is to support the decentralization of social media. Al-Naji is currently the chairman of the board of the DeSo Foundation, with a $200 million treasury behind it to support its mission. Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account.
Who Are the Founders of DeSo?
DESO is a new Tier 1 blockchain built from the ground up to scale decentralized social applications to one billion users. DESO is up 150 percent in the last three months, along with its relatively large market capitalization, it is likely that DESO can continue its upward movement, and we may see some decent growth from this. However, traders are still advised to do some careful research before investing in this coin, because over the long term, fundamentals play a pretty big role in the coin’s price movements. Launched in Apr 2018, MXC is a centralized cryptocurrency exchange registered in Seychelles. It supports CNY, VND, USD, GBP, EUR, AUD deposit, and CNY, VND withdrawal. They are currently no. 7 in terms of the most supported cryptocurrencies compared to other spot trading exchanges according to Coingecko.
But we are not done yet, since DESO is an altcoin we need to transfer our to an exchange that DESO can be traded. Below is a list of exchanges that offers to trade DESO in various market pairs, head to their websites and register for an account. You will have to first buy one of the major cryptocurrencies, in this case, Bitcoin (BTC). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
They are built with military-grade security, and their firmware is constantly maintained by the manufacturers, making them extremely secure. The Ledger Nano S and Ledger Nano X are the most popular options in this category, these wallets cost anywhere from $50 to $100 depending on the features offered. If you are storing your assets, these wallets are, in our opinion, a good investment. A hardware https://cryptominer.services/bitcoin-and-cryptocurrencies-2021/ wallet for cryptocurrencies serves for cold storage of digital assets on a secure physical device, that is, without constant access to the Internet. All the user’s private keys are stored remotely, in the security module (HSM), and are not moved to any servers or into the network at all. The device is usually no larger than a USB flash drive or a bank card, and does not take up much space.
However, you can use marketplaces such as LocalBitcoins to first purchase BTC, and finish the rest of the steps by transferring your BTC to respective AltCoin exchanges. We list the top 3 exchanges that offer the ability to buy Decentralized Social (DESO) cryptocurrency with a credit card, debit card, or Bitcoin (BTC). In addition to profiles, the other on-chain features are social non-fungible tokens (NFTs), social tokens, social tipping and on-chain posts among others. The project believes the existing advertisement-driven social media business model, where private companies control centralised content and its monetisation, has led to “data moats”. Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
You can trade DESO with stablecoins on 9 Decentralized Social exchanges. The majority of Decentralized Social trading with stablecoins is done on CoinEx. Binance is the best choice when it comes to trading Decentralized Social with stablecoins.
DeSo stated that the total volume of NFTs sold on its blockchain exceeded $1m in its update in October 2021. For example, the cost of storing 1GB of on-chain data is $80 on Decentralized Social, whereas it would be $393.75m on Ethereum, $1.37m on Solana, $0.99m on Avalanche and $0.7m on Cardano. As a result, “the creators who actually produce this content are underpaid, under-engaged, and under-monetised thanks to an outdated, ads-driven business model”, said DeSo. Now you’ll need to select the payment method, agree to the terms and conditions, and finally click continue to add your details.
If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio. If you have any questions about buying The DeSo Blockchain (DESO) and other cryptocurrencies or using the AscendEX platform, our Support Center is available to answer all of your questions.
DeSo combines the paradigm of an open P2P financial system offered by cryptocurrencies with an efficient and scalable database infrastructure, tailored to bring about the next generation of Web 3.0 social networks. Crypto exchanges are where users can buy, sell, and convert different cryptocurrencies. Here you can find list of all DESO exchanges where you can buy and sell Decentralized Social, trade DESO with other cryptocurrencies including stablecoins, and fiat currency.