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COINTURK NEWS > Altcoin News > What is Dusk Network Coin?
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What is Dusk Network Coin?

In Brief

  • Dusk Network (DUSK) is a blockchain project focused on programmable and private securities.

  • Dusk Network aims to forefront the decentralized trading of tokenized securities, moving away from central control.

  • Its layer-1 blockchain network, which uses XSC technology, offers greater privacy compared to conventional networks.
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COINTURK NEWS 1 year ago
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Dusk Network (DUSK) is a blockchain project focused on programmable and private securities. Utilizing Zero-Knowledge proofs and a unique PoS consensus model, the Dusk Network offers both privacy and securities trading capabilities.

Contents
What is Dusk Network (DUSK)?Analysis of DUSK CoinHow to Purchase Dusk Network Coin?

What is Dusk Network (DUSK)?

Dusk Network aims to forefront the decentralized trading of tokenized securities, moving away from central control. Its layer-1 blockchain network, which uses XSC technology, offers greater privacy compared to conventional networks. XSC technology also significantly contributes to scalability of the network.

The network employs a unique transaction model named Phoenix, enhancing privacy, anonymity, and support for smart contracts. All these factors increase the project’s significance.

Analysis of DUSK Coin

Dusk Coin is ranked 474th with a total market value of 13 million dollars. Following the bullish period of 2017, Dusk Coin has experienced significant gains. It is ERC-20 based and also available for trading on the Binance Smart Chain.

Being based on both Ethereum and Binance networks gives Dusk Coin a competitive edge.

How to Purchase Dusk Network Coin?

What needs to be done to purchase DUSK Network Coin? Binance emerges as the most popular platform for this purpose. The liquidity and security offered by Binance influence investors to prefer it. It’s noted that DUSK is listed on Binance.

  • To buy DUSK Coin, first, you need to deposit USD balance into the exchange or buy a cryptocurrency that can be used instead. Start by going to the Binance homepage, click on the “Buy Crypto” option at the top left, and then click on the “Credit/Bank Card” tab.
  • In the opened tab, choose how much USD you want to transact with, and select Bitcoin, i.e., BTC, from the Coin section.
  • After purchasing BTC, preview the “Buy-Sell” option at the top left and click on the “Classic” tab.
  • In the new section, select the BTC tab at the top right, type DUSK in the search button, and choose the opened DUSK/BTC pair below.
  • Then go to the “BUY DUSK” tab in the middle, enter the amount you want to buy.
  • Enter the desired amount, confirm the transaction, and complete the DUSK Coin purchase.
You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 11 December, 2023 - 9:30 pm 11 December, 2023 - 9:30 pm
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