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

In Brief

  • LTO Network (LTO), Business-to-Business (B2B) model functions with a hybrid blockchain platform.

  • LTO Network's focus on producing solutions for businesses and institutions necessitates the blending of public and private blockchain networks.
COINTURK NEWS
COINTURK NEWS 2 years ago
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LTO Network (LTO), Business-to-Business (B2B) model functions with a hybrid blockchain platform. LTO Network’s focus on producing solutions for businesses and institutions necessitates the blending of public and private blockchain networks. LTO Network implements General Data Protection Regulation (GDPR) and additionally utilizes a Proof-of-Stake consensus mechanism. The architecture of LTO Network elevates data sharing within the network to new dimensions and enables the customization of a decentralized network.

Normally, to customize and manage decentralized networks like Ethereum, one needs to gain control of the majority, i.e., 51% of the network. In the Proof-of-Work model, this requires obtaining 51% of the mining power, while in Proof-of-Stake, it requires holding 51% of the staked tokens. LTO Network, with its Proof-of-Stake-based solution, offers institutions both decentralization and customized blockchain solutions. LTO Network, utilizing the NG Protocol, ensures transaction confirmations in under 2 seconds, addressing speed efficiently. This increases the likelihood of large institutions using LTO Network for customization and speed.

Contents
What is LTO Network (LTO)?Where to Buy LTO Coin?

What is LTO Network (LTO)?

LTO Network Coin follows this sustainable model. There are 274 million LTO Network Coins in circulation, with a total supply of 403 million. Based on the Ethereum network, LTO Network ranks 274th in terms of total market value. LTO Network Coin reached its all-time high on March 8, 2021, and is currently 20% below this level.

Where to Buy LTO Coin?

Purchasing LTO Coin is easier than ever through the Binance cryptocurrency exchange. To buy LTO on Binance, one can use the LTO/USDT trading pair and follow these steps:

  • Start by depositing a USDbalance to Binance, or instead, transfer the cryptocurrency to be used. For TL Purchases, enter the Binance site, select the “Buy Crypto” tab at the top left, and choose the “Credit/Bank Card” option.
  • Select USD for transactions and mark Tether (USDT) in the Coin section.
  • After purchasing USDT, preview the “Buy-Sell” option at the top left, and click on the “Classic” tab.
  • In the opened section, select the USDT tab at the top right, type LTO in the search button, and choose the displayed LTO/USDT pair below.
  • Then, go to the “BUY LTO” tab in the middle, and enter the amount you want to purchase.
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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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COINTURK NEWS 10 January, 2024 - 11:45 pm 10 January, 2024 - 11:45 pm
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