Cryptocurrencies

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How to obtain Cartesi (CTSI) coins

Purchase CTSI on exchanges like Binance or KuCoin, earn rewards through staking, participate in airdrops, use Cartesi services, or mine the coin to obtain CTSI tokens.

Dec 12, 2024 at 09:37 pm

How to Obtain Cartesi (CTSI) Coins

Introduction

Cartesi (CTSI) is a blockchain platform designed to bring computation-heavy dApps to the blockchain space. CTSI is the native token of the Cartesi network and is used for various purposes, including transaction fees, staking, and governance. This comprehensive guide will provide a step-by-step explanation of the different methods available to obtain CTSI coins.

Steps to Obtain Cartesi (CTSI) Coins

1. Purchase CTSI Coins on a Cryptocurrency Exchange

Binance: Binance is the largest cryptocurrency exchange in the world and offers a wide range of cryptocurrencies, including CTSI. To purchase CTSI on Binance, create an account, verify your identity, and deposit funds into your account. Then, navigate to the CTSI/USDT trading pair and place a buy order.
KuCoin: KuCoin is another popular cryptocurrency exchange that offers CTSI. Similar to Binance, create an account, complete the KYC process, and fund your account. Navigate to the CTSI/USDT trading pair and execute a buy order.

2. Earn CTSI Rewards through Staking

Cartesi Wallet: The official Cartesi wallet allows users to stake CTSI coins and earn rewards. Download the wallet, create an account, and transfer your CTSI coins to your wallet. Click on the "Staking" tab and follow the prompts to stake your CTSI.
Third-Party Staking Platforms: Several third-party staking platforms offer CTSI staking services. Research different platforms, compare their fees and features, and select a platform that meets your needs.

3. Participate in Airdrops and Giveaways

Contests and Events: Cartesi and its partners regularly host contests and events that offer CTSI tokens as rewards. Participate in these events to earn free CTSI.
Social Media Giveaways: Follow Cartesi's social media channels (Twitter, Telegram, Discord) for announcements of giveaways and airdrops.

4. Use Cartesi Network Services

Cartesi DApps: CTSI is used to pay transaction fees on the Cartesi network. Using Cartesi DApps will require you to hold CTSI coins.
Cartesi Nodes: Running a Cartesi node requires staking CTSI tokens. Node operators receive rewards for contributing to the network.

5. Mine CTSI Coins

GPU Mining: CTSI is a mineable coin that uses the Proof-of-Work (PoW) consensus algorithm. You can mine CTSI using a GPU mining rig.
Cloud Mining: Cloud mining allows you to rent mining power from remote data centers. Choose a reputable cloud mining provider and allocate resources to CTSI mining.

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