Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.
Table Of Contents
PolySwarm is a company which specializes in next-gen cybersecurity solutions. These are marketed towards enterprises, retail consumers, and software providers alike.
Where PolySwarm stands apart, is its approach towards the sector. The majority of companies which offer anti-virus and malware protection platforms are independent, with no interoperability among one another. Meaning no one is ever fully protected, as no single solution can catch everything. Through crowdsourcing, PolySwarm is able to offer its target audiences with a diverse, decentralized ‘swarm' of solutions working in unison to provide a more comprehensive security package.
For its platform to work, contributors must be incentivized and rewarded – enter PolySwarms native token called Nectar or ‘NCT'. These Ethereum based tokens are used in various ways.
- For those looking to contribute to the platform, submissions for potential threats are rewarded based on accuracy.
- For those looking to benefit from the platform, NCT is used to pay for access.
- NCT rewarded for staking
To drive its point home, PolySwarm uses the ‘WannaCry' cyberattack of 2017 – which caused an estimated $4B worth of damages – as a perfect example of what it is trying to prevent. Existing solutions were completely unable to prevent this attack – something PolySwarm is determined to change moving forward.
To learn more visit our Investing in PolySwarm guide.
How to Buy PolySwarm (NCT) in 4 Steps
The whole process can take as little as 10 minutes and all you'll need is a smartphone or computer, photo identification and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy PolySwarm (NCT) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy PolySwarm – Use your funds to Buy NCT.
We list the top 3 exchanges that offer the ability to buy PolySwarm (NCT) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
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 Polyswarm (NCT), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australia & UK residents.
USA & Canada residents are prohibited.
Established in 2013, HTX has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, HTX now serves more than 5 million users in over 130 countries around the globe. It should be noted that HTX currently does not accept USA or Canadian residents.
HTX is one of the top exchanges that currently offers PolySwarm (NCT) trading opportunities.
Currently, this token is only supported on two exchanges. When it is supported on a third, it will be listed on securities.io.
The fact that it is listed on so few exchanges is not necessarily a concern for quality, but does limit the potential upside of the project. With that being stated, it is still early days. The lack of listings among exchanges is simply due to the fact that the project has not reached the popularity necessary for broader support.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
You may like
Investing In PolySwarm (NCT) – Everything You Need to Know
Investing In Render Token (RNDR) – Everything You Need to Know
Private: Investing In Cardano (ADA) – Everything You Need to Know
Private: Investing In Solana (SOL) – Everything You Need to Know
Investing in Hedera Hashgraph (HBAR) – Everything You Need to Know
Investing In Router Protocol (ROUTE) – Everything You Need to Know