Status (SNT) is the cryptocurrency of an open-source and decentralized messaging platform. Status is not only a blockchain network but also known as an interface for mobile devices. This decentralized messaging platform, based on the Ethereum network, is actually used as a kind of alert application for those who want to receive important notifications.
The network’s cryptocurrency, Status Coin, is also used for purposes such as payments for user-generated content.
What is Status (SNT)?
Status Coin is designed for those who do not want to compromise on security, privacy, and transparency while maintaining decentralization. The Status team emphasizes that this is more than just a decentralized messaging and notification network, it’s the technology and application of the future.
As of the writing of this article, Status has a total market value of 128 million dollars and is ranked as the 83rd largest cryptocurrency. In the last 24 hours, SNT Coin, with a volume of 23 million dollars, is certainly known as one of the new generation decentralized finance applications.
Investors interested in purchasing SNT can do so easily and transparently using the Bitcoin trading pair on Binance.
Where to Buy SNT Coin?
How exactly is SNT Coin purchased? Binance emerges as the most popular platform of choice for users in this regard. The liquidity and security offered by Binance also influence investors to choose it.
- To buy SNT Coin, first, you need to deposit USD balance to the exchange or purchase a cryptocurrency that can be used instead. For this, first go to the Binance homepage, and click on the “Buy Crypto” option in the top left, then the “Credit/Bank Card” tab.
- In the opened tab, select how much USD you want to transact with, and mark Bitcoin, that is, BTC, in the Coin section.
- After buying BTC, preview the “Buy-Sell” option again at the top left and click on the “Classic” tab.
- In the opened section, select the BTC tab from the top right, type SNT in the search button and select the SNT /BTC pair that opens below.
- Then come to the middle “BUY SNT” tab and enter the amount you want to buy.
- Enter the amount you want and complete the SNT Coin purchase process by confirming the transaction.