What is Ankr Network (ANKR)?
The Ankr Network is an Ethereum-based protocol designed to provide easy access to the DeFi economy and encourage its overall adoption. It was founded in 2017 and operates as a decentralized Web3 infrastructure on which developers can deploy their applications and facilitates cross-chain staking. It can be used to create and deploy applications within a number of different sectors, including gaming, DeFi, NFT, and social.
It hopes to be able to provide an infrastructure that facilitates the creation of decentralized projects that do not require a central authority or third-party intermediary, as well as promoting an environment where ownership of data stays in the control of the user.
ANKR is the platform’s native cryptocurrency, it is available as both an ERC20 and BEP20 standard token. ANKR has a total supply of 10,000,000,000 and is used as a utility and governance token for the network.
What are Ankr Network’s key features and how does it work?
The Ankr Network is made up of a group of nodes located around the world. They work together to process transactions in a secure and decentralized manner. A key advantage of the project includes its multi-chain support. This allows users to stake across a variety of networks via Ankr.
Another key feature of Ankr is its staking functionalities. Firstly, since Ankr supports multiple chains, users can conveniently use the platform to stake their tokens compatible with the networks from one place. This allows users to more easily manage and organize staking opportunities. Secondly, Ankr has developed a mechanism that enables maximum potential for return. This is achieved through “liquid staking tokens”. Users are rewarded with tokens representing staked funds. They can be used for taking part in DeFi, trading, or other earning strategies such as yield farming and liquidity mining.
What is noteworthy about Ankr Network?
The Ankr Network also provides a powerful toolkit specifically for game developers and studios with the aim of encouraging Web3 adoption. The Ankr Gaming Unity SDK includes a range of services that are designed to help developers to create better gaming experiences. In particular, this includes NFT monetization strategies, kits for building games on iOS and Android, and tools for integrating blockchain compatibility with existing games.
What can ANKR be used for?
The ANKR token powers the Ankr Network. It is used by general users of Ankr, providers, and stakers. General users of the Ankr Network must hold the ANKR token to access the products and services on offer. This includes accessing and paying transaction fees on the applications deployed on the network, staking, and voting on governance proposals.
Where can you buy ANKR?
ANKR is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, CoinBase Pro, MEXC Global, AscendEX, and KuCoin. The price of ANKR will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for ANKR market prices, please view the price charts on this page.
How to Buy ANKR on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing ANKR. Some reputable platforms include LBNK, Okx, Kraken, and others.
Step 2: Register an Account
Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing ANKR.
Step 5: Purchase ANKR
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of ANKR you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy ANKR.
Step 6: Store Your ANKR
After purchasing, you can choose to store your ANKR in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and ANKR assets, be sure to use a strong password and enable two-factor authentication.
ANKR Price:Ankr is a decentralized blockchain infrastructure provider that operates an array of nodes globally distributed across over 50 Proof-of-Stake networks. The price fluctuates daily, and as of first half of 2024, the highest price for ANKR was $0.2252.
Recommended Similar Coins: LEET, GENO
Recommended Exchanges for Trading: LBNK、Binance、Kraken