In this guide you’ll get information about where to buy Skey Network, if you are planning to buy SKEY token – You’re in the right place!
Vitalik Butherin, the founder of Ethereum still sees Blockchain Internet of Things as part of phase 3 of immersing in blockchain technology. However, Skey Network begs to differ by providing a solution of security and scalability with connection to the utilities.
Skey Network aims to bring the solution by having NFT as the smart key that everyone can use. Users who buy Skey Network (SKEY) tokens can manage all of their assets, including the ones in the real world. The platform works as a bridge that connects the blockchain with the outside world. Skey Network is enterprise-ready and perfect to work with the government on implementing the smart key and act as a blockchain of things connector.
Table of Contents
Skey Network (SKEY) Features
- BIoT Connector: The Blockchain Internet of Things or BIoT is the advanced form of Internet of Things as most users know these days. Blockchain technology enhances the internet capabilities mostly on speed and security. Being the connector means Skey Network is bringing blockchain technology to the real world and vice versa. Users can benefit from the connection when they manage their digital and real-world assets without a hitch.
- Go2NFT: One of the projects under Skey Network is the Go2NFT. The platform is for the companies to create a bulk NFT with a solid security key as a method of authorization and identification. Go2NFT is perfect for corporations and governments because the platform is easy to use and configure. And since it has the support from Skey Network, it means Go2NFT also has interoperability features just like the parents’ products.
- Skey Challenge: Skey Network challenges everyone to bring their best ideas and concept for the Skey Network blockchain. They offer rewards of up to $1 million for the 10 best projects. Skey Network welcomes all teams, from individuals to a small companies to join the competition. The project allows everyone to vote on the projects they like, disregarding whether they have $SKEY tokens or not.
Where to Buy, Sell and Trade Skey Network aka SKEY
You can basically use debit card, credit card, or even PayPal to buy the Skey Network (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Skey Network as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to Skey Network. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports Skey Network currency and exchange your Ethereum / Bitcoin / Tether with the Skey Network
- Store your Skey Network to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT)
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
Get $10 Bonus when you sign up for Coinbase!
- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying Skey Network, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with Skey Network:
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the SKEY/BTC or SKEY/ETH or SKEY/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you SKEY/USDT – so you need to convert your BTC or ETH to USDT first in order to buy Skey Network (SKEY)
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Skey Network (SKEY) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Skey Network (SKEY) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Skey Network. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Skey Network (SKEY) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Skey Network (SKEY) with Skrill?
You can’t buy SKEY directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Skey Network. You can buy BTC/ETH with skrill by using these exchanges::
Can I Buy Skey Network (SKEY) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair SKEY/BTC and begin the transactions.
Can I Buy Skey Network (SKEY) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support SKEY/ETH trading pair.
What Is the Best Payment Method to Buy Skey Network (SKEY)?
The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the Skey Network right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Skey Network (SKEY)?
Once you have purchased the Skey Network, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Skey Network (SKEY)?
Find a crypto exchange which allow pairing SKEY with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Skey Network (SKEY) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Skey Network is to buy it from a reliable exchange.
Users who buy Skey Network (SKEY) tokens can start by creating their NFT as a smart key for their everyday lives. The platform aims to provide the connector between blockchain technology with the real world. As a bridge, Skey Network can connect automatically to any DeFi services that the user set. Skey Network’s main feature is the ecosystem that covers DeFi activities, access and management, and even the oracle system. Users can trade their tokens, swap, and even mint NFT for their companies in the Skey Network ecosystem.