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COINTURK NEWS > Altcoin News > What is The Sandbox?
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What is The Sandbox?

In Brief

  • The Sandbox (SAND) is a blockchain and cryptocurrency project where users can monetize their in-game experiences.

  • Based on the Ethereum network, The Sandbox can essentially be described as a virtual world.

  • In this virtual environment, each user can create their own ecosystem and later tokenize it.
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COINTURK NEWS 1 year ago
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The Sandbox (SAND) is a blockchain and cryptocurrency project where users can monetize their in-game experiences. Based on the Ethereum network, The Sandbox can essentially be described as a virtual world. In this virtual environment, each user can create their own ecosystem and later tokenize it. It is known that players can create collection tokens, also known as NFTs, within the game.

Contents
What is The Sandbox (SAND)?SAND Coin AnalysisHow to Buy The Sandbox Coin?

What is The Sandbox (SAND)?

Supported by one of the world’s largest cryptocurrency exchanges, Binance, and launched through their platform, SAND quickly gained significant popularity. By signing partnerships with leading game and crypto companies like Atari, Crypto Kitties, Shaun the Sheep, SAND enables crypto investors to earn tokens by playing games. These NFT tokens can then be sold for ETH or other cryptocurrencies.

Players can produce their games within the ecosystem, contributing to its development.

SAND Coin Analysis

As of the writing of this article, SAND Coin is ranked 362nd. It has seen a 5% increase in the last 24 hours, with a unit price of $0.04329. While there are 625,756,458 SAND in circulation, the total supply is seen to be 3 billion.

How to Buy The Sandbox Coin?

How exactly do you buy SAND Coin? Binance emerges as the most popular platform for users in this regard. Binance’s liquidity and security also influence investors’ choice to use this platform.

  • To buy SAND Coin, you first need to deposit a USD balance into the exchange or buy a cryptocurrency that can be used instead. For this, first go to the Binance homepage, click on the “Buy Crypto” option in the top left, and then select the “Credit/Bank Card” tab.
  • In the tab that opens, choose how much USD you want to transact with, and then select Bitcoin, i.e., BTC, from the Coin section.
  • After buying BTC, preview the “Buy-Sell” option in the top left again and click on the “Classic” tab.
  • In the section that opens, select the BTC tab in the top right, type SAND in the search button, and select the opened SAND/BTC pair below.
  • Then go to the middle “BUY SAND” tab and enter the amount you want to buy.
  • Enter the desired amount and confirm the transaction to complete the SAND Coin purchase process.
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 29 December, 2023 - 3:30 pm 29 December, 2023 - 3:30 pm
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