Fetch.ai is a blockchain project aimed at bringing together Internet of Things (IoT) devices. Its goal is to improve their algorithms through collective learning and to enhance the structure of the Internet of Things. Launched in 2017, Fetch.ai is based in Cambridge.
Fetch.ai is currently working on a structure that has high scalability and distributed ledger technology. The fact that these have smart contract capabilities and use machine learning is seen as a significant step towards adapting to future technologies. The project, which brings together decentralized problem-solving with artificial intelligence solutions, presents a unique situation for the Internet of Things.
What is Fetch.ai (FET)?
FET Coin is the cryptocurrency of this entire ecosystem. The plan for many projects to use Fetch.ai Coin within the Fetch.ai infrastructure offers clear usability and sustainability. As of the writing of this article, FET Coin is trading at $0.3276, with a total market value of $244 million. There are only 746,113,681 FET in circulation, while the total supply is seen to be 1 billion 152 million. This makes the total supply value over $377 million at current prices.
Fetch.ai Coin reached its all-time high on March 3, 2019, reaching up to $0.43. As of the writing of this article, it is seen that it is 24% away from this value. The rise Fetch.ai Coin has achieved since the famous March drop is around 3,857%.
Where to Buy FET Coin?
FET Coin can be purchased from Binance, the world’s largest cryptocurrency exchange by trading volume. To buy FET Coin on Binance, you first need to open a Binance account and then send fiat currency like USD to it.
Users can also buy different cryptocurrencies for their transactions on Binance using just a credit card. The most commonly used cryptocurrencies on Binance, available in many trading pairs, are known to be Bitcoin, Binance Coin, Binance USD, and Tether.
After sending fiat money to Binance, you can make a purchase from the FET/USDT trading pair.