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COINTURK NEWS > Altcoin News > How to Buy SSV Network Coin?
Altcoin News

How to Buy SSV Network Coin?

In Brief

  • Ssv.network strives to create high-performance, secure, and decentralized ETH staking applications.ContentsIntroducing SSV Network (SSV)Where to Buy SSV Coin? Introducing SSV Network (SSV) Distributed Validator Technology facilitates trustless staking via multi-operator validation. Validator keys are apportioned among nodes functioning under a consensus layer, executing tasks on the Sign Chain. DVT bolsters client diversity, decentralization, and fault […]
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COINTURK NEWS 2 years ago
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Ssv.network strives to create high-performance, secure, and decentralized ETH staking applications.

Contents
Introducing SSV Network (SSV)Where to Buy SSV Coin?

Introducing SSV Network (SSV)

Distributed Validator Technology facilitates trustless staking via multi-operator validation. Validator keys are apportioned among nodes functioning under a consensus layer, executing tasks on the Sign Chain. DVT bolsters client diversity, decentralization, and fault tolerance, while minimizing downtime risks.

Secret Shared Validator (SSV) technology, a pioneering secure and robust method, enables splitting an Ethereum validator key among nodes managed by operators. This distinctive protocol allows Ethereum validators to operate in a distributed fashion. Validator keys are encrypted, divided, and allocated, ensuring operators need not rely on others for task execution, enabling a certain number of nodes to be offline without impacting network performance, and preventing any operator from unilaterally deciding on behalf of the validator. The result is a decentralized, fault-tolerant, and highly secure Ethereum staking approach.

Initially dubbed DVT (Distributed Verifier Technology), SSV emerged from a research paper developed in collaboration with Ethereum Foundation members. At its essence, the SSV protocol empowers the distributed functioning of an Ethereum validator, while ssv.network serves as the infrastructure layer fostering decentralization, diversity, fault tolerance, and adaptability in the ETH staking domain.

Where to Buy SSV Coin?

SSV Coin can be securely traded on Binance, the world’s most extensive cryptocurrency exchange by trading volume. SSV Coin is available on the Binance platform in SSV/BTC, SSV/ETH, and CTK/BUSD pairs. At the time of writing, SSV Coin trades at 0.00045 BTC.

To purchase SSV, one must first become a Binance exchange member. After completing the membership process, either cryptocurrency or fiat currency should be transferred to the Binance account wallet. Following the transfer, SSV coins can be bought in all three aforementioned pairs. To purchase from the SSV/BTC trading pair, navigate to the corresponding interface. Within the SSV/BTC interface, input the desired purchase amount in the designated field under the limit tab. After specifying the amount, finalize the purchase with the Buy SSV order.

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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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