How and where to buy Chain-key USDT (CKUSDT) cryptocurrency
The Ckusdt tokens is bit more complicated to purchase, due to a lack of cryptocurrency exchanges which offer it. The 1 exchange propose two trading pairs. Full details, including instructions, fees and last project news read below.
Where to buy Chain-key USDT
Step 1You need an account with a cryptocurrency exchange that supports Chain-key USDT. All of them provided on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
ICPSwap | ?? / ?? | LOW | No | $7 |
Purchase or transfer with peer-to-peer trading one of this coins: RYJL3-... or MXZAZ-....
Step 3Switch to spot on your trading platform and type the token name in search line. Select from available trading pairs, then set order and push Buy CKUSDT button.
Congratulations!
Once you press buy, the Chain-key USDT cryptocurrency will be deposited in your account on the trading platform. Be aware that only transferring your coins off cryptocurrency exchange to separate wallet such as Trezor or Ledger, you help better protect your finances. This isn't only reduce your risk if your cryptocurrency exchange of choice gets cracked, but if you transfer cold wallet, your Ckusdt coin becomes secure assets. Only disadvantage is usually have to pay a small fee to move your coins from the crypto exchange.
What is Chain-key USDT
ckUSDT is a digital twin of USDT on the Internet Computer Protocol network. Fully backed 1:1 by USDT, ckUSDT is powered by Chain-key technology which allows for cross chain interoperability without centralized intermediaries or bridges. Canister smart contracts on ICP can integrate with the Ethereum network using a combination of replicated HTTPS outcalls to a known set of public Ethereum nodes to read state and submit transactions, and chain-key ECDSA (ckECDSA) signatures, an enhanced version of threshold ECDSA, to sign those submitted transactions. Building upon this integration framework, ckUSDT is a pair of canister smart contracts that utilize HTTPS outcalls and ckECDSA services. The ckETH minter and ckUSDT ledger contracts work together to enable users and smart contracts to send and receive USDT value within seconds with negligible transaction fees, and no gas fees, while also always allowing users and smart contracts to send and receive USDT value to and from the Ethereum network. ckUSDT exposes ICRC-1 and ICRC-2 ledger interfaces (the fungible token standards of ICP), making it simple for all wallets on the Internet Computer to offer ckUSDT support.
Video Review
Blockchain Transactions: On-Chain vs Off-Chain EXPLAINED
Statistics and Externals
Concepts of hash algorithm doesn't apply in case of Chain-key USDT tokens.
Price and supply
The current total supply is 868553, with a circulating supply of 868.6 thousands CKUSDT as of Oct 2024. The total number of coins that can ever be minted infinite.
The price of Chain-key USDT token is $0.991414 as of 12:39 AM. The price was dropped on -0.02108% over the past 24 hours. The recent price action left the token's market capitalization at 861.1 thousands united states dollars. Thus far last 30 days, the Chain-key USDT was dropped on -0.41%.
FAQ
What exchange can I buy Chain-key USDT token?
Ckusdt cryptocurrency can be bought from 1 exchange. And these are some of them: ICPSwap.
Is Ckusdt cryptocurrency a good investment?
The Chain-key USDT crypto has a big risks of value fall. Due to the high volatility of all Blockchain based assets you should understand: any cryptocurrency has a possibility price to crash to zero, you can lose all of your invested funds and learn the risks before you start trading. Aside from that investing in crypto assets is potentially extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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