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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.
We list the top 4 exchanges that offer the ability to buy PolySwarm (NCT) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry with over 9,000,000 users, and over $207 billion in quarterly trading volume.
From humble beginnings, Kraken now offers over 200 digital assets including PolySwarm (NCT). For more sophisticated investors Kraken also offers futures and margin trading.
Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens. Users can also earn up to 23% in rewards annually by staking select digital assets.
Kraken offers trading access to over 190 countries including Australia, Canada, Europe, and is our most recommend exchange for USA residents. (Excluding New York & Washington state)
Poloniex was founded in the United States in 2014. It has quickly risen to become a very popular exchange of choice for crypto traders looking to combine a wide range of assets. Poloniex continues to expand its supported assets, with more than 100 unique pairings – including PolySwarm (NCT). With a recently revamped look the exchange also looks more professional than ever, while boasting trading in futures and leveraging of up to 100:1.
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, Huobi Global 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, Huobi now serves more than 5 million users in over 130 countries around the globe. It should be noted that Huobi Global currently does not accept USA or Canadian residents.
Huobi Global is one of the top exchanges that currently offers PolySwarm (NCT) trading opportunities.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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