As a custom-built sidechain, Carbon adopts the delegated Proof-of-stake (dPOS) consensus mechanism built into Tendermint Core, and is secured by staking SWTH with a decentralized network of validators. In return for their bond, stakers earn rewards from network and trading fees.
The protocol is highly composable, versatile and secure, making it easy for developers to implement and scale any kind of decentralized application while breaking blockchain barriers. Carbon is interconnected with a growing number of Layer 1 chains including Ethereum, BSC, Neo and Zilliqa. Carbon acts as the core of the multi-chain world while laying the foundation for the future of decentralized financial economies.
How to Buy SWTH on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing SWTH. 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 SWTH.
Step 5: Purchase SWTH
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of SWTH 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 SWTH.
Step 6: Store Your SWTH
After purchasing, you can choose to store your SWTH 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 SWTH assets, be sure to use a strong password and enable two-factor authentication.
SWTH Price:Carbon (SWTH) is the native cryptocurrency and governance token of Carbon, a layer 2 trading protocol powering cross-chain financial markets and infrastructures.The price fluctuates daily, and as of March 30, 2024, the highest price for SWTH was $0.1008.
Recommended Similar Coins: LEET, GENO
Recommended Exchanges for Trading: LBNK、Okx、Kraken