How to Buy DESO with ETH, BTC, USDC & SOL or on Coinbase

If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. It has a circulating supply of 10.53Mil DESO coins and a max supply of 10.81Mil. As for DEX, the transaction will be confirmed by the node in the network. If you submit with a low gas price, you can find your transaction taking a long time to process. Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account.

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Is it smart to invest in Decentralized Social (DESO)?

They’re used to trace website activity & growth within the project. DR metric is a sign of the project’s website reputability that is ranked from 0 to 100 . Organic Traffic – is a metric of how many monthly users visit the project’s website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype. These are the project’s quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

• These predictions aim to give you an indication of what Decentralized Social will be worth in one hour, today, tomorrow, over the next week and next month.
• Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.
• However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
• And traders can make money buying and selling the ups and downs.

Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. Gate.io’s main selling factor is their wide selection of trading pairs. It is almost every day one of the top 20 exchanges with the highest trading volume. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.

You can directly purchase The DeSo Blockchain with credit card or debit card on AscendEX. We offer the best route to buy The DeSo Blockchain using Visa or MasterCard. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. The project is supported by the non-profit DeSo Foundation, led by US-based Nader Al-Naji. By December 2021, DeSo had received more than 150 applications to the fund, and will be allocating over $11m to the projects selected. To apply for the funding, developers had to build a demonstration that used the DeSo blockchain.

The Octane Fund to fuel the development of DeSo

If you want to buy coins from the profile, it will happily mint them on-chain and sell them to you according to the price curve above, making it more and more expensive as more coins are purchased. But we are not done yet, since DESO is an altcoin we need to transfer our to an exchange that DESO can be traded. Below is a list of exchanges that offers to trade DESO in various market pairs, head to their websites and register for an account. DeSo is a new layer-1 blockchain built from the ground up to decentralize social media for billions of users. The Decentralized Social price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. The simple answer is “yes”, and you can buy less than 1 Decentralized Social.

And if, in contrast, he makes a racial slur during a press conference, his coin price should theoretically go down. For example, if Elon Musk succeeds in landing the first person on Mars, his coin price should theoretically go up. Creator coins are a new type of asset class that is tied to the reputation of an individual, rather than to a company or commodity. Every profile on the DeSo gets its own coin that anybody can buy and sell.

These tokens can not only be traded, sent and received, but for purchase of assets like social tokens and NFTs. Decentralized Social is a blockchain which strives to decentralize social media. The goal of which is to re-balance the current power structure, giving more recognition to content creators. CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities.

Signing up for a AscendEX account will allow you to buy, sell, and hold cryptocurrency. CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example. Meanwhile, CoinCodex had an overall neutral sentiment in terms of its short-term Decentralized Social price prediction for 2022, with 17 indicators showing bullish signs and 10 displaying bearish signals. According to cryptocurrency research and data site IsThisCoinAScam, the DeSo project has a safety score of 53%, data on 14 October 2022 showed.

Can I buy DESO with cash?

The platform is simple to use and is available on desktop, Android, and iOS, offering trading opportunities in over 140 cryptocurrencies including Decentralized Social . In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio. Whether DESO is a suitable investment for you depends on your risk tolerance and how much you intend to invest, among other factors. With the continued growth of capital in the crypto market, Decentralized Social could reach a maximum price of $60.23 in 2026 with an average price of $56.46. If a sell-off occurs, the minimum price expected in our prediction sits at $52.70.

The foundation is led by crypto veteran Nader Al-Naji (@nader, @nadertheory), with a $200 million treasury behind it to support its mission. The easiest way to integrate crypto into your app today — DeSo Identity™ provides a self-custodial, decentralized wallet, and identity solution for developers. With DeSo, you can create one profile, and take your identity, content and social graph with you across any app.

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Also, make sure to check out ourcryptocurrency exchange reviews. Crypto exchanges are where users can buy, sell, and convert different cryptocurrencies. Here you can find list of all DESO exchanges where you can buy and sell Decentralized Social, trade DESO with other cryptocurrencies including stablecoins, and fiat currency. You can search by exchange name to find out if DESO is available on your desired crypto exchange.

DeSo is the first layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy apps to billions of users. Over 460 billion dollars in volume has been traded by over 70 million users at Coinbase. Security is a paramount feature with 98% of customer funds being stored in secure offline storage.

But in most https://cryptolisting.org/ exchanges, you should buy any amount starting from $5 to any higher amount. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Infinite-state applications generate new data with every transaction that has to be stored and indexed.

• If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.
• Good news is that the whole so-called Know-Your-Customers process is now fully automated and it shouldn’t take more than 15 minutes to finish.
• If you use P2P or bank transfer deposit to purchase, it may take longer, dozens of minutes or even hours.
• Once you have a verified account, you can always buy or sell Decentralized Social instantly.
• Find more crypto exchange options on our Crypto Exchange Tracker.

When you’re buying cryptocurrency it’s important to take into account your location, the possible protocol and that not all cryptocurrencies are equally accessible for purchase. The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency’s lifetime. Below is a graph of what the creator coin price curve looks like as a function of how many creator coins are in circulation for a given profile. Thus, people who believe in someone’s potential can buy their coin and succeed with them financially when that person realizes their potential. And traders can make money buying and selling the ups and downs.

Tap into an open-firehose of millions of what is daxhunds, profiles, and content from day one of launching your application. Your profile, followers, content and social graph carry over across hundreds of apps throughout the DeSo ecosystem. Social applications generate a lot of data, and existing blockchains are not equipped to store & index that data.

What are the Main Features of Decentralized Social?

Founded in 2014, Bitnation strives to provide reliable and accurate blockchain news, investing guides, market forecasts and reviews. According to our price prediction, our analysis suggests that Decentralized Social is currently a smart investment. If a bear market appears, the minimum price DESO can reach in 2024 is $27.60. This cryptocurrency has a high yield, the NFT market is gaining popularity.

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market. When you create a profile, there are initially zero coins in existence and thus the price is zero. This is just the beginning of how creators can engage with their fans using their coins, and all such ideas could increase demand for their creator coin significantly. People who own a certain amount of a creator’s coin get access to special content. Or, alternatively, people must pay a monthly subscription in the form of the creator’s coin in order to get premium content. Most creators get a torrent of spam in their social media message inboxes.

These features unlock vast new categories of money-enabled products, from social NFT experiences to influencer stock markets. These features enable creators to more effectively monetize their content and connect with their followers on DeSo-powered apps. You can trade Decentralized Social for other cryptocurrencies on crypto exchanges. Cex or Dex exchanges offer some trading pairs for Decentralized Social trading to meet your needs.

A lot will depend on how the crypto market in general behaves going forward. In the last 15 hours, BTS/USDT recorded $ 69,131 in trading volume across 24 different cryptocurrency exchanges. Decentralized Social is a first-degree blockchain created for decentralized social applications. It aims to rebalance the existing power structure by giving more recognition to content creators.

The only exception is the founding team which holds around 20% of DESO. DESO is mainly used as a medium of exchange on the DeSo platform. These are the project’s quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project. Gain XP & Collect Rewards Gain your Crypto XP by learning crypto & redeem your rewards later. Most Secure Wallets To Start With Check the analysis report on Top-rated Crypto Wallets that are safest for your funds.

As we recover from the crypto winter, we are expecting that Decentralized Social will achieve a maximum price of $22.59 as the market starts to recover. The minimum expected price is $15.06 and the average price will hover around $18.82. You can trade DESO with stablecoins on 6 Decentralized Social exchanges. The majority of Decentralized Social trading with stablecoins is done on CoinEx. Binance is the best choice when it comes to trading Decentralized Social with stablecoins.

The crypto market is known to be highly volatile, predicting future price points of Decentralized Social is a difficult task and many other factors influence the price. As a result, the predictions on our website should not be taken as financial advice and you should do your own research. Consult your financial advisor before making any investment decisions. The current price of Decentralized Social is $12.55 and it is currently ranked #245 out of all cryptocurrencies. The amount of supply currently in circulation for Decentralized Social is 8,884,536 with a total market capitalization of $111,469,829.