Cloakcoin uses onion routing enabled by default with ENIGMA® technology. This, coupled with CloakShield® function, reportedly provides end-to-end encryption and offers direct and secure communication that allows nodes to evade traffic analysis. Combined with ENIGMA®, Cloakcoin aims to offer a high level of confidentiality that uses up to 25 jumps with symmetric RSA encryption and ECDH key exchange.
Anyone can generate Cloakcoin with annual interest rates of 6%.
Cloakcoin aims to allow any computer or smartphone user to participate in the cryptomarket with complete security and without the fear of unwanted hacking or multi-channel spying activity.
How to Buy CLOAK on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing CLOAK. Some reputable platforms include Bybit、OKX、Binance, 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 CLOAK.
Step 5: Purchase CLOAK
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of CLOAK 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 CLOAK.
Step 6: Store Your CLOAK
After purchasing, you can choose to store your CLOAK 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 CLOAK assets, be sure to use a strong password and enable two-factor authentication.
CLOAK Price:Launched in Jun 2014, CLOAK is a provider of Open Source blockchain solutions using ENIGMA® technology, which reportedly helps to make transactions completely confidential. The price fluctuates daily, You can go to the exchange: okx to check the price.
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