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How to buy Ankr (ANKR) in the US
A beginner's guide to buying and selling ANKR in the US.
How to buy Ankr
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Ankr.
- Open an account on an exchange that supports ANKR.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Ankr.
- Buy Ankr.
Complete your Ankr purchase and then find the best wallet to store ANKR.
What is Ankr?
ANKR is the native token of the Ankr Network built on the Ethereum blockchain. The Ankr network is a distributed computing platform enabling developers to deploy decentralised applications (dApps) on various blockchains in an efficient and cost-effective way. The ecosystem can be utilised by resource providers, those in demand of resources, application developers and consumers. According to Ankr documentation, the four components of the ecosystem include: 1) data centres that monetise idle computing resources, 2) the Ankr blockchain that deals with payments and governance, 3) the Ankr cloud which finds resources and users and 4) the Ankr app store that provides quick deployment of blockchain nodes. By combining these four elements Ankr is able to match resource providers with developers in an efficient decentralised platform. The ANKR token is integral to the network. It is used to pay for services on the platform and is used to incentivise network participation. Ankr can be used to pay for node deployment and application usage. The token can also be staked to help validate and secure the network. Additionally, the token can be used to make donations towards non-profit cloud commuting organisations like BOINC.
Ankr (ANKR) is the 128th largest cryptocurrency in the world by market cap, valued at $766,600,201. The current price of Ankr is $0.094146, which is -0.002% lower than yesterday. Prices have ranged between $0.096852 and $0.09262 over the past 24 hours. All prices are listed in US dollars and accurate as of October 23, 2021 08:10 UTC.
Where to buy Ankr
Find an exchange to buy, sell and trade ANKR by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Is it a good time to buy Ankr?
The technical analysis gauge for Ankr displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Ankr based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Ankr: moving averages, oscillators and pivots. Finder is not responsible for how ANKR performs.
Ankr at a glance
|Total ANKR supply||10,000,000,000|
|Notable team members||Chandler Song, Ryan Fang|
|Industry||Distributed computing platform|
|Token uses||Platform fees|
|Network||Ethereum, Binance Smart Chain|
Ankr price performance over time
How to sell Ankr
You can cash out your ANKR with the same exchange you bought it through:
- Sign in to the exchange you have ANKR on.
If you store your Ankr in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of ANKR you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Ankr.
What to consider when buying AnkrCryptocurrency purchases should not be taken lightly. Due to the volatility of the cryptocurrency markets, each purchase should be evaluated for potential upside and risks. These are a few things to consider for ANKR:
- Supply. The maximum supply of ANKR tokens is fixed. No more than 10 billion tokens will be minted. At the time of writing, current circulation is approximately 6.7 billion.
- Proof-of-Useful-Work (PoUW): Based on the PoUW consensus, the network has built a self-sustainable blockchain framework. Unlike Bitcoin, Ankr does not waste unnecessary electricity and computing power. The PoUW consensus unlocks the massive potential of idle computing power. This is a much more sustainable idea that may provide interest in the future.
- Scalability. Ankr is currently built on the Ethereum blockchain, which comes with its own limitations, such as network congestion. Secondly, as the platform relies on resource-provided computational power, if successful and popular, could the platform be limited by the computational power it can provide?
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Disclaimer: Cryptocurrencies, including Ankr, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ANKR is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Ankr or any other cryptocurrency discussed.
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