Band ProtocolBAND

Về(BAND)

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FAQ About BAND

• What is BAND?

  Band Protocol is an oracle cross-chain platform which can take real-world information and provide it to applications on the blockchain. It also connects APIs with smart contracts to facilitate data exchange between on-chain sources and off-chain sources.
  Band Protocol enables developers to explore a wide range of new uses by supplying reliable, verifiable data to Blockchains. Developers can now use real-world information in their Decentralized Application (DApp) logic including sports, weather data, random numbers, and price feed data.
  Band Protocol 2.0 was released in June 2020 as a Cosmos network project, originally launched in September 2019 as an ERC-20 on the Ethereum Blockchain. The new protocol was built using the Cosmos SDK on BandChain. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.
  BAND is a native token in the Band Protocol Ecosystem. It is used by validators to fulfill data requests and as the primary medium of exchange for BandChain - used to pay for private data.

• How to buy BAND

  To buy BAND, you can follow these general steps:
  
  1. Choose a cryptocurrency exchange and Create an Account
  Start by selecting a reputable and reliable cryptocurrency platform that supports BAND trading. You can also buy BAND here on Toobit. Sign up.
  
  2. Complete Verification (Not Mandatory):
  Read our How to Complete Identification on Toobit guide for more information.
  
  3. Deposit Funds:
  Deposit funds into your Toobit account. This could be done via credit/debit cards, or your crypto wallet.
  
  4. Navigate to BAND:
  Once your account is funded, navigate to the Markets section of the platform.
  
  5. Buy LBAND:
  Locate BAND in the list of available cryptocurrencies.
  Place a buy order. Read our How to Buy Crypto on Toobit guide for more information.

• How to Sell BAND?

  You can sell BAND to USDT here on Toobit. Read our guide on How to Trade Spot on Toobit for more information.

• What is BAND price Now?

  Are you looking for BAND Price? Live BAND price is updated in real-time on Toobit.

• How to Withdraw BAND on Toobit?

  You can withdraw BAND and other crypto tokens into USDT here on Toobit. Read our How to Withdraw Crypto on Toobit guide for more information.