ANKR

Overview of ANKR

ANKR is a type of cryptocurrency originating from the ANKR Network. Founded in 2017 by Chandler Song and Ryan Fang, this token operates within the digital asset marketplace. It is listed on several exchanges, giving it a wide scope of accessibility. These exchanges include Binance, Huobi, Upbit, and OKEx. Once purchased or traded, ANKR can be stored in wallets such as Metamask and Trust Wallet.

Pros and Cons

What Makes ANKR Unique？

ANKR Network brings innovation to the cryptocurrency market by focusing on shared cloud computing resources. Unlike traditional cryptocurrencies that act merely as digital assets, the ANKR token serves a dual purpose as both a digital currency and a computational resource within the ANKR ecosystem.

Their unique Staking DeFi platform enables ANKR token holders to stake their coins and participate in network governance. On the other hand, most other cryptocurrencies only allow trading and investment activities, making ANKR a different player in the world of digital currencies.

How Does ANKR Work？

Ankr operates as a token within the Web3 infrastructure ecosystem, offering a range of products and services for developers and Web3 users. At its core, Ankr provides access to public RPC endpoints and offers premium and enterprise plans equipped with advanced developer tools, all powered by a globally distributed and decentralized network of nodes. It allows users to interact with over 35 supported blockchains, offering extensive testing and vital statistics. Ankr also provides advanced API access, tailored for various Web3 scenarios, supporting nine mainnet and three testnet chains, and offers SDKs for JavaScript and Python along with React Hooks. Additionally, Ankr facilitates contract automation, enabling the execution of contract functions based on triggers, offers turnkey dedicated blockchains through AppChains, and provides staking services for secure, decentralized networks. Ankr further caters to the gaming industry, assisting game studios in transitioning to Web3 and monetizing their offerings seamlessly. Overall, Ankr's token functions as a gateway to a comprehensive suite of Web3 infrastructure solutions, empowering developers and users in the blockchain space.

Exchanges to Buy ANKR

1. Binance: This Malta-based cryptocurrency exchange is one of the largest and most popular worldwide. It supports ANKR/USDT, ANKR/BTC and ANKR/BNB pairs.

2. Huobi: A Singapore-based exchange, it supports various pairs like ANKR/USDT, ANKR/BTC and ANKR/ETH.

3. OKEx: This is a leading crypto exchange based in Malta. It offers trading options for the ANKR/USDT and ANKR/BTC pairs.

4. Upbit: Upbit is a South Korean exchange, and it supports ANKR/KRW and ANKR/BTC pairs.

5. Bithumb: Another South Korean exchange, Bithumb facilitates trading with the ANKR/KRW pair.

How to Store ANKR？

ANKR tokens can be stored in wallets that support the Ethereum blockchain as ANKR is an ERC-20 token. They can either be hardware wallets, software wallets, or web wallets.

1. Hardware Wallets: These are physical devices designed to secure crypto offline. They are considered the most secure means of storing digital assets, including ANKR. Examples are Ledger and Trezor. These wallets store the user's private key offline, which makes it immune to online hacking attacks. However, Ledger and Trezor do not natively support ANKR, so a third-party app like MyEtherWallet needs to be used.

2. Software Wallets: These types of wallets are programs that can be installed on a computer or mobile devices. They generate crypto addresses and private keys for users and store them on the device. Examples that support ANKR include: