How To Buy Sentivate (SNTVT) | Best Crypto Exchange To Buy SNTVT 2020
Trading and investing in cryptocurrencies solely relies on how well you perceive the digital asset based on its market industry. First of all, this guide doesn’t give any investment advice. Given the fact that the market value of Sentivate’s token SNTVT doesn’t satisfy others’ expectations. It is worth noting, however, that outside of these sometimes spectacular runs from low market cap coins, often see little gains. More often than not they stagnate for the majority of the market cycle, maintaining their price if not moving in a bearish trajectory. But it is this low valuation that allows for major gains, for those savvy enough.
Bandwidth, which is the volume of data that can be transmitted during a specified period of time (expressed as bytes per second (bps)), seems to be in a turmoil. Because of the rapid increase in data consumption and higher data transmission requirements (simple example is HD video streaming), data channels have to be constantly repaired and extended to meet the current demands. But the existing infrastructure won’t be able to deal with changing society ‘s demands. The world wide web protocols weren’t really set up to manage this unprecedented amount of data that continues to expand at an ever-increasing pace. The web will be slowed down by immense pressure on the existing infrastructure which would clearly be detrimental to economic activity. Determined to upgrade the existing internet architecture, creators of this project are after building a hybrid web, introducing cryptocurrency and creating a connection between centralized and decentralized systems.
What is Sentivate?
Thomas Marchi, Matt Karasiewicz and Lew Knopp conceptualized Sentivate in 2018 as a network protocol solution to the web’s current issues, using both centralized and decentralized components. Development started late 2018, through self-funded project. As such, no sales of the public token were carried out. Sentivate has a remarkably unique goal, specifically in the area of the current DeFi-dominated mania; to put it briefly, Sentivate is trying to provide the web with a replacement protocol, called The Universal Web, to address the existing challenges. As stated in its whitepaper:
“Sentivate is a hybrid web (centralized focused but enhanced by decentralized components) built to be a viable & realistic replacement for the modern web. The network is designed to go beyond the capabilities that any solely centralized or decentralized network could offer. Sentivate addresses the following issues directly: bandwidth crisis, outdated protocols, broken DNS, lack of accountability, lack of identity, reactive security, Domain rules, and web categorization.” [ref]
What’s the main problem that the project solves?
Sentivate is hoping to resolve the growing effect of having insufficient bandwidth on the existing world wide web with a dramatically growing human population. The existing components of HTTP and DNS are obsolete and will tend to have challenges with scalability as more and more companies migrate online and more of the world begins accessing the internet, especially during this pandemic. Sentivate aims to change the existing HTTP internet infrastructure with a completely new protocol-the Universal Data Stream Protocol (UDSP). Sentivate claims that the condition of the bandwidth which we have available at the time may not meet humanity’s pace of growth and the strains we will place on this system as we seek to remain interconnected on a global scale.
What are the main use cases of SNTVT?
It was stated that SNTVT is an ERC-20 token that has been released as a placeholder for their eventual mainnet coin, VIAT. Currently, SNTVT is a utility token that grants accessibility to the initial stages of the Sentivate Network, development phase and voting. By keeping SNTVT tokens, delegates can vote to support a proposal and drive it in a particular direction, and the greater the voting power, the more the coins held.
Where can I buy SNTVT?
There are many exchanges that claim the title of “best” exchange. While this may all seem simple enough, however, in choosing the best crypto exchange to invest in, you’ll have to pay attention to a myriad of considerations like fees, reputation, security, verification processes, and geographical restrictions an exchange platform has to offer.
To better understand most of the exchanges, as well as some of them that are working actively towards this goal, first, we need to understand some several factors that these crypto exchanges are currently working on:
- Security: Safety should always come first. A good exchange will place great emphasis on the security of their users’ accounts, personal information, and the system in general. The majority of the assets should be stored offline in a cold storage system. Also be on the lookout for additional security features such as Two-factor authentication, withdrawal confirmations, etc.
- Reputation: A well established, long-standing exchange is a much safer option.
- 24/7 Support: The support should be responsive, friendly, professional, and ideally reachable through several different channels. A call center is a big plus as it’s comforting to know you have the option to speak to someone in person.
- Payment methods: Take into consideration which payment methods are available — do they support credit card purchases, p2p fiat trades, and other methods of payment.
- Fees: Fees can vary substantially between different exchanges. The fee schedule has to be provided on the site.
- Interface: The site should be easy to navigate, even for crypto beginners.
- Geographical restrictions: Some exchanges are locally restricted and their service might not be available in your area.
- Uptime: Avoid exchanges with lots of downtimes.
- Verification: Even though some users find verification and KYC procedures a hassle, you should look at it from another perspective. They are done with the best intention to protect the exchange from money laundering and all sorts of scams.
Taking everything into consideration, KuCoin is one of the many cryptocurrency exchanges who explored the concept of what the future of cryptocurrency trading looks like. It is also a reputable exchange that adds high-quality projects, hence, where you can buy SNTVT.
KuCoin has a highly trained research department that looks for top-quality projects throughout the crypto industry. The exchange has over 6 million registered users across 207 countries and regions around the world with 450+ trading pairs to date. KuCoin provides a highly secure and easy-to-use platform for users to engage in cryptocurrency trades and transactions efficiently and safely.
KuCoin also launched a series of other products in the past year designed to further help out crypto users, including futures markets, public chain, one-stop exchange solution, creating a platform for how your crypto can yield interest, as well as some upgrades to the main exchange to uphold its principle of security and transparency. KuCoin since its inception has insisted on taking the tech as its backbone to build a better trader relationship while constantly pushing for the sustainable development of the digital currency trading ecosystem as the ultimate goal.
Celebrate the listing of Sentivate on KuCoin and grab rewards for up to 1,450,000 SNTVT!
As a welcome bonus to all the participating users, KuCoin will be launching a deposit activity with a prize pool of 1,450,000 SNTVT. Users who have met the requisite net deposit volume (deposit — withdrawal) during the event period will be rewarded 5,000 SNTVT each. (Rewards will be distributed to the first 250 qualified users who meet the requirement). Also, new users who will deposit the requisite SNTVT during the event period will be rewarded 2,000 SNTVT each. (Rewards will be distributed to the first 100 qualified new users who meet the requirement). To know more about event, you may visit the official announcement here.
The Best Crypto Exchange To Buy SNTVT 2020
There are several exchanges, in fact, catering to different requirements and varying in terms of safety and security, convenience, accessibility, and so on. But unlike most of them, KuCoin is unique in its approach. From their timely upgrades, reports, and recently introduced products & features like KuChain, Margin, KuCoin Futures, Soft Staking, and Pool-X is what I think helping them build a better ecosystem for us, traders. Significantly, the structure of Kucoin is utterly fascinating, which shows they are more interested in long term growth. I’d say with their competitive services and reputable brand, KuCoin is already one of the leading cryptocurrency exchanges today.
