Through the course of this article, we will understand all about the Polyswarm coin and how to buy this coin.
The advent of cryptocurrency has changed the face of the trade and exchange industry, given the uniqueness that it brings to the exchange market, which most analysts have predicted to be how future transactions and trades are going to be made.
This uniqueness stems from the total control that the crypto market and blockchain industry gives to users, eliminating the presence of third-party institutions like banks and other regulators as we know it.
This has led to the adoption of cryptocurrency by many firms and companies making its popularity even more pronounced in the trading world and normalizing its usage, especially in the digital world.
The Polyswarm coin is one crypto that has drawn investors and crypto users’ attention from all over the world, given its increase in both worth and value since its launch.
What is Polyswarm Coin?
Polyswarm is a malware detection company that aims at rewarding its users and patronizers using its official token, the Polyswarm coin Nectar NCT. This shows their commitment and involvement in the blockchain industry, taking their technology to the next level.
Here is some basic information as regards the Polyswarm coin important for interested users and investors to understand:
- Users on the Polyswarm platform help protect internet users from cyber breaches and keep cyberspace safe and secure for all users. The platform focuses on rewarding successful suppliers depending on their accuracy in protecting users from malware and viruses in cyberspace.
- Through this reward system, the Polyswarm coin targets drawing in more users to their platform and making the malware protection platform a force in the cyber world and a leading figure in the crypto space today.
- The Polyswarm crypto runs on the Ethereum network. Therefore, it is an ERC-20 token that can be said to some of the tokens in the crypto market today based on their performance and growth.
These are some necessary information important for interested crypto users and investors to understand as they decide on the Polyswarm coin.
Market Capitalization and Tokenomics of the Polyswarm Coin
It is crucial for all crypto users and investors always to understand the tokenomics of any crypto token or coin in the crypto market as they invest in the selected coin.
This will help investors make the right decision since the tokenomics of a coin gives information on the distribution, staking, liquidity, and burning of the whole token supply in the coin market.
Here are the tokenomics of the Polyswarm coin:
- The Polyswarm coin has a maximum supply of 1,885,913,075 in the coin market and a circulating supply of 1,546,457,130 Polyswarm coins.
- As of the time of writing this article, the Polyswarm coin has a fully diluted market capitalization of $108,450,342.48 on the CoinMarketCap crypto platform. The coin sits on a rank of #389 on the crypto platform.
- The 24-Hour real-time trading volume stands at $9,315,685 with a live market capitalization of $88,929,764. This puts the Polyswarm crypto on as one of the steady-traded cryptos in the coin market to some extent.
Price and Contract Address of the Polyswarm Coin
The Polyswarm coin, with significant attention and interest from investors and crypto users in recent times, has seen a considerable price increase and also growing in both worth and value.
As of the time of writing this article, the price of the Polyswarm coin is $0.057505.
Its contract address – 0x9e46a38f5daabe8683e10793b06749eef7d733d1
Step-By-Step On How to Buy the Polyswarm Coin
The Polyswarm crypto has been listed on several crypto exchange platforms where various altcoins can be bought and stored safely.
Here are some of the crypto exchange platforms that support the purchase of the Polyswarm coin:
- Huobi Global
Using the Uniswap Exchange Platform
The Uniswap crypto platform supports exchanging and purchasing cryptocurrencies on the Ethereum network. Since the Polyswarm coin is on this network, it can be purchased and stored using the Uniswap platform.
Here is a step-by-step guide on how to buy and store the Polyswarm crypto using the Uniswap crypto platform:
- The first step is to buy the Ethereum coin from renowned crypto platforms, including Binance and Coinbase.
- Once purchased, users can open up the Trust wallet platform and keep their 12-word phrase in a secured space since this is the key to the Trust Wallet platform.
- Withdraw the Ethereum coin already purchased to the Trust Wallet crypto platform. Once successful, navigate to the dApps (Decentralized Applications) section of the Trust Wallet crypto platform and open it up.
- Scroll down to the decentralized exchanges (DEXs) segment and open up the Uniswap crypto platform.
- If the wallet is not already connected, users can connect their wallet and set the network to Ethereum. On the “From” button of the Uniswap crypto exchange platform, input the number of Ethereum needed for the transaction, dependent on the user’s choice.
- On the “To” button, paste the contract address of the Polyswarm coin on the search bar to import the Polyswarm coin once the imported user can go ahead to hit the “Swap” button to exchange the Ethereum for the Polyswarm crypto.
- This way, the Polyswarm coin will be stored in the user’s wallet safely.
This step-by-step guide will guide interested crypto users and investors on the purchase and storage of the Polyswarm coin.
Is the Polyswarm Coin a Good Crypto Investment?
Since its launch, the Polyswarm crypto has increased in both its number of holders, the number of transfers made on the coin, and also in its worth and value.
The Polyswarm coin has seen a good increase in its price and promises even better growth going into the future.
It is still vital for all investors and crypto users to make sure they make their won basic research before investing their funds into any crypto token in the crypto market as this would help them avoid running into scam tokens in the coin market and also help them make investments that count thereby maximizing profit in the long run.
What are your views on the Polyswarm crypto? Share your thoughts and ideas using the comment section.