ICP Coin is the native cryptocurrency of the Internet Computer network, used for platform governance.
What is Internet Computer (ICP)?
Internet Computer (ICP) is the world’s first blockchain running at web speed with unlimited capacity. It represents the third major blockchain innovation, alongside Bitcoin and Ethereum, as it scales smart contract computation and data, runs at web speed, operates efficiently, stores, and provides developers with a powerful software framework.
Internet Computer is a revolutionary new project encompassing tokenized services, pan-industry platforms, decentralized financial systems, and traditional enterprise systems. The ICP project was founded in October 2016 by Dominic Williams and has garnered significant interest in the crypto community.
DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, as well as several key early Ethereum supporters. In 2018, over 50,000 registered participants received ICP Coin in an airdrop.
On December 18, 2020, DFINITY launched the Internet Computer mainnet. On May 10, 2021, DFINITY publicly released the Internet Computer, marking a significant milestone where the internet now functions as a decentralized global computer. With the public release of all source code and allowing tens of thousands of community members to govern the network, ICP Coin serves as the platform’s native cryptocurrency. The goal of the Internet Computer is to expand the public internet and simultaneously build the world’s computing platform.
Where to Buy ICP Coin?
ICP Coin can be securely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. ICP Coin is traded on the Binance platform in pairs such as ICP/BTC, ICP/BNB, ICP/BUSD, ICP/EUR, ICP/RUB, and ICP/USDT.
To buy ICP, you first need to become a member of the Binance exchange. After completing the membership, you must transfer cryptocurrency or fiat currency to your Binance wallet. Once the transfer is completed, you can purchase ICP Coin from any of the six pairs mentioned above. For purchasing from the ICP/USDT trading pair, you should go to the interface of this pair. In the limit section of the ICP/USDT interface, enter the amount you wish to buy. After specifying the amount, the purchase is completed with the Buy ICP order.
