SWT is a decentralized blockchain platform. The network operates on the basis of the Proof-of-Agreement (PoA) consensus mechanism; this is a blockchain based on a modified consensus of DPoS, BFT, and the use of Artificial Intelligence. The advantage of this protocol is that it works on the principles of joint decision making by several nodes (similar to voting), but the decision is made simultaneously, so there is no vulnerability in the blockchain in which you can capture a node and hope that this node will be the main one in the network. Due to this approach, we process an unlimited number of transactions.
SWT is a native utility token that is used for:
*Transaction processing fee.
* Running validator nodes on the network by staking SWT tokens.
SWT tools include:
* SWT Wallet, which allows you to manage assets on the SWT blockchain.
* SWT Explorer to help both debug contracts and understand network performance.
How to buy SWT on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing SWT. Some reputable platforms includeBybit、OKX、Binance, and others.
Step 2: Register an Account
Here, we'll register an account on the Gate.io (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 SWT.
Step 5: Purchase SWT
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of SWT 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 SWT.
Step 6: Store Your SWT
After purchasing, you can choose to store your SWT 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 SWT assets, be sure to use a strong password and enable two-factor authentication.
SWT Price:Smart Wallet Token (SWT) represents a multifaceted approach to digital asset management and blockchain functionality. It is not just a token but an integrated ecosystem designed to enhance the user experience in the cryptocurrency world.The price fluctuates daily, You can go to the exchange: Gate.io to check the price.
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