Author - Daniels Kenneth In category - Cryptocurrency exchange Publish time - 17 August 2023

how to buy deso crypto

Its user interface is very easy to use and the buying steps are pretty self-explanatory. The DeSo blockchain supports not only traditional social features like creating profiles and posts, but also novel blockchain-native features like social tokens (creator coins), tipping, and NFTs. Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold. 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 has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform.

Instead, it supports a narrow set of social-oriented features that it implements on bare metal, using custom indexes that every node builds during consensus when it syncs from its peers. 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. We list the top 3 exchanges that offer the ability to buy Decentralized Social (DESO) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).

  • Here you can either choose to provide a credit/debit card or use a bank transfer.
  • Launched in 2017, Livepeer is the first live video streaming network…
  • All content on DeSo is stored on a decentralized ledger and is immediately available to a large and growing network of independent third-party apps, akin to DeFi applications on the Ethereum blockchain.
  • Over 1 million registered retail and institutional traders trust AscendEX.
  • DESO is +0.00% in the last 24 hours.DESO has a circulating supply of 8.88 M DESO and a max supply of 10.81 M DESO.

You only need a few steps to buy The DeSo Blockchain (DESO) instantly.

Buy and sell DESO on the Move

Al-Naji is currently the chairman of the board of the DeSo Foundation, with a $200 million treasury behind it to support its mission. DeSo puts the ownership back in the hands of users, not platforms. Your identity, your profile, your content, and your social graph can now be owned by you in a completely censorship-resistant way. Decentralized Social’s price today is US$8.97, with a 24-hour trading volume of $3.36 M.

how to buy deso crypto

All content on DeSo is stored on a decentralized ledger and is immediately available to a large and growing network of independent third-party apps, akin to DeFi applications on the Ethereum blockchain. 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. AscendEX is one of the world’s most liquid cryptocurrency exchanges, with hundreds of millions in trade volume executed daily.

Buy The DeSo Blockchain with Credit Card

Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees. Coinbase is a publicly traded crypto exchange listed on the NASDAQ.

Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion. You will have to first buy one of the major cryptocurrencies, in this case, Bitcoin (BTC). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.

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. Please note that this analysis is purely base on DESO’s historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies. The DeSo blockchain is supported by the non-profit DeSo Foundation, whose broad mission is to support the decentralization of social media.

Buy The DeSo Blockchain with Bank Transfer

DESO has been up 97.1 percent over the past three months, together with its relatively large market capitalization, it is likely that DESO may continue its upward movement and we may see some decent growth out of it. However traders are still advised to do thorough research before putting money into this coin as fundamentals do serve a pretty big part in a coin’s price actions in the long run. DeSo is built to support storage-heavy or infinite-state applications, opening up a new world of non-financial-based web3 apps that weren’t possible before. AscendEX is the best place to buy, sell, trade, and hold The DeSo Blockchain (DESO) easily. Signing up for a AscendEX account will allow you to buy, sell, and hold cryptocurrency.

  • Al-Naji is currently the chairman of the board of the DeSo Foundation, with a $200 million treasury behind it to support its mission.
  • You only need a few steps to buy The DeSo Blockchain (DESO) instantly.
  • Launched in Apr 2018, MXC is a centralized cryptocurrency exchange registered in Seychelles.

Orchid (OXT) is the native token of Orchid, a cryptocurrency-powered virtual… To check Decentralized Social’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. 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. DESO is listed on exchanges like CoinbaseBlockchain.com, and AscendEX. If you have any questions about buying The DeSo Blockchain (DESO) and other cryptocurrencies or using the AscendEX platform, our Support Center is available to answer all of your questions. AscendEX’s world-class matching engine supports up to 400,000 transactions per second (“TPS”).

What is DeSo?

This ensures that your crypto trading experience is quick and reliable. Launched in 2017, Livepeer is the first live video streaming network… Once finished you will then need to deposit BTC to the exchange from UpHold. After the deposit is confirmed you may then purchase DESO from the exchange view. This allows the DeSo blockchain to reach highly-scalable storage capabilities that are unparalleled by any general-purpose blockchain.

how to buy deso crypto

For instance, the cost of 1 GB of on-chain storage on DeSo is as low as 1 DeSo, whereas even the best existing smart contract infrastructures require millions ($1,000,000+) of dollars to achieve the same. We know our mission is colossal, but we believe the world will be better when users, creators, and developers are put first – not corporations. With new crypto-native monetization tools, like Social Tokens, Social DAOs, Social NFTs, Social Tipping, and more — creators have access to monetize their passion and make a living by doing what they love.

DESO is +0.00% in the last 24 hours.DESO has a circulating supply of 8.88 M DESO and a max supply of 10.81 M DESO. Many users hold on to their The DeSo Blockchain (DESO) with the expectation of it increasing in value. You can store your The DeSo Blockchain (DESO) safely on your AscendEX wallet. Over 1 million registered retail and institutional traders trust AscendEX. With defense-in-depth, compliant KYC & AML policies, and robust trading infrastructure, AscendEX prioritizes security and trustpeace of mind for our global client base. Download the AscendEX crypto trading app and trade your DESO plus 300+ cryptocurrencies, anytime and anywhere.

DESO = 8.97 USD

Established in 2013, Gate.io has grown in to a reputable trading platform. While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Decentralized Social (DESO), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation. Is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card.

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