SUB

Overview of Substratum(SUB)

Substratum (SUB) is a form of cryptocurrency that operates on a decentralized internet platform. The Substratum Network aims to bring unrestricted, open, and censorship-resistant internet to users worldwide. By providing the computational power and network for hosting sites, the owners of SUB tokens earn additional tokens. The project employs blockchain technology and a wide range of node networks for its operation. The objectives revolve around the free and democratic use of the internet. As of now, the development of Substratum's platform continues, and it has not fully launched. As with any cryptocurrency, investing in Substratum carries inherent risks and rewards, and potential investors are urged to do their research diligently.

Pros and Cons

SUB Price Prediction

Substratum's price predictions for the future show a potential increase in value, with estimates suggesting that by 2030, the token could fluctuate between $0.002010 and $0.003521, reaching a peak in 2040 at $0.008679 and a minimum of $0.00000249. By 2050, the projected range is even broader, with a minimum of $0.004483 and a maximum of $0.01324, and an average trading cost of around $0.007979.

Exchanges to Buy Substratum(SUB)

When it comes to purchasing Substratum (SUB), a range of exchanges exist which support its trading. Here is a detailed list of more than five exchanges along with the supported currency pairs and token pairs:

1. Binance: Binance is one of the largest and most well-known cryptocurrency exchanges in the world. It offers a wide variety of currencies for trade. As for SUB, it supports the SUB/BTC and SUB/ETH pairs, allowing users to trade Substratum against Bitcoin and Ethereum.

2. KuCoin: KuCoin, also known as the 'Peoples Exchange,' provides a secure and straightforward platform for users to exchange digital tokens and coins. The exchange supports trading pairs such as SUB/BTC and SUB/ETH for trading Substratum.

3. HitBTC: HitBTC is a leading European based cryptocurrency exchange that provides a range of cryptocurrencies for buying and selling. It supports SUB trading pairs with Bitcoin and Ethereum as well, offering SUB/BTC and SUB/ETH pairs.

4. OKEx: OKEx is a world-leading cryptocurrency spot and derivatives exchange. Substratum is available for trading on this platform, and the platform provides pairs including SUB/USDT.

5. Changelly: Changelly is a unique exchange where you can instantly convert one crypto into another. SUB tokens can be bought on Changelly via payment using a debit or credit card, and the platform swaps it for SUB at the best available rate. It makes purchasing easy even for those not wishing to deal with complicated market charts.

6. COSS: COSS is a Singapore based global blockchain solutions provider. On COSS, you can buy SUB with BTC, enabling the trading pair SUB/BTC.

It's important to note that availability and trading volume might vary, so individuals interested in buying SUB are encouraged to check each platform and verify the current situation before making a decision. Additionally, given the dynamic nature of cryptocurrencies, being vigilant about security and the latest updates regarding the pairs and the currency is imperative.

How to Store Substratum(SUB)？

Substratum (SUB) tokens are based on the Ethereum blockchain, implying they are ERC20 tokens. Therefore, they can be stored in any wallet which supports ERC20 tokens.

Here are a few wallet options for storing Substratum (SUB) tokens:

1. MyEtherWallet (Web Wallet): MyEtherWallet is a free, open-source, client-side interface that allows users to interact directly with the Ethereum blockchain while retaining complete control of their keys & funds. It is a web-based wallet, which means you can access it from anywhere as long as you have an internet connection.

2. MetaMask (Browser Extension Wallet): MetaMask is a browser extension wallet for Ethereum. It allows you to run Ethereum dApps right in your browser without running a full Ethereum node. MetaMask includes a secure identity vault, providing a user interface to manage your identities on different sites and sign blockchain transactions.

3. Ledger Nano S (Hardware Wallet): Ledger Nano S is a hardware wallet that plugs into a USB port. It is considered one of the safest wallets as it stores your SUB offline and is resistant to hacking attempts.

4. Trezor (Hardware Wallet): Trezor is a hardware wallet providing advanced security for handling bitcoin and other cryptocurrencies private keys. It keeps private keys offline, ensuring that they can't be hacked and coins can't be spent without user consent.

5. Trust Wallet (Mobile Wallet): Trust Wallet is a mobile wallet that offers a user-friendly interface and robust security features. As a mobile application, it enables you to carry your assets around in your pocket easily.

Before proceeding with storing Substratum (SUB), individuals should consider security and control precision such wallets offer. It's advisable to keep large amounts of cryptocurrencies in a secure offline wallet. The risk is lower compared to storing it in an exchange or an online wallet. Also, ensure any device used with a wallet, whether PC or mobile, has the latest security updates and follows good cybersecurity practices.

Is It Safe？

The security of your Substratum (SUB) tokens depends on two main factors:

• Security of the chosen wallet: Since SUB is an ERC-20 token, it relies on the security measures implemented by the wallet you choose to store it. Here's how to enhance security:
• Use a reputable wallet provider: Opt for well-established providers with a history of strong security practices.
• Enable two-factor authentication (2FA): This adds an extra layer of security by requiring a second verification code when accessing your wallet.
• Store your recovery phrase securely: This phrase is crucial for regaining access to your wallet if you lose your device. Never share it with anyone.
• Security of the Ethereum network: Substratum tokens reside on the Ethereum blockchain, inheriting its security features:
• Proof-of-work consensus mechanism: This mechanism secures the network through computational power, making it difficult to tamper with transaction data.
• Large and distributed network: The decentralized nature of the Ethereum network makes it resistant to single points of failure and hacking attempts.

FAQs

Q: What is the central objective of Substratum (SUB)？

A: The primary goal of Substratum (SUB) is to create a decentralized, robust, and censorship-resistant internet network.

Q: How can you earn more SUB tokens？

A: You can earn additional SUB tokens by becoming a node in the Substratum network and providing your device's computational resources for hosting websites.

Q: What makes Substratum (SUB) different from other cryptocurrencies？

A: The key differentiator for Substratum is its emphasis on decentralizing internet services, which extends the use of blockchain technology beyond financial transactions.

Q: Can you tell me some wallets where I could store my SUB tokens？

A: SUB tokens can be stored in any ERC20-supporting wallet such as MyEtherWallet, MetaMask, Ledger Nano S, Trezor, and Trust Wallet.

Q: Where can I purchase Substratum (SUB)？

A: Substratum (SUB) can be purchased on multiple exchanges, including Binance, KuCoin, HitBTC, OKEx, and Changelly.

Q: What is the potential earning model of Substratum (SUB)？

A: The Substratum network's earning model is based on providing services, where nodes that assist in delivering data are rewarded with SUB tokens.

Q: How does the Substratum network aim to function？

A: Substratum intends to function through a network of user nodes hosting internet data, with intelligent routing of user requests to the most suitable node for content delivery.