How to get PolySwarm(NCT) coins

To obtain PolySwarm (NCT) coins, users can purchase them on cryptocurrency exchanges like Binance, participate in platform activities such as threat intelligence sharing and governance, stake their NCT to earn rewards, accept payment in NCT for services, or join community initiatives and token giveaway programs.

Nov 29, 2024 at 11:25 pm

How to Get PolySwarm (NCT) Coins: A Comprehensive Guide

PolySwarm (NCT) is a decentralized platform that connects enterprises with cybersecurity analysts to facilitate threat intelligence sharing and detection. It utilizes a native token called NCT, which plays a crucial role in incentivizing participation, rewarding contributions, and enabling platform governance.

1. Purchase NCT Tokens on Cryptocurrency Exchanges

The most direct way to obtain NCT coins is through cryptocurrency exchanges. Several reputable exchanges support the trading of NCT, including:

• Binance
• Huobi Global
• OKEx
• Uniswap
• Step 1: Create an account on a chosen exchange and complete the necessary verification processes.
• Step 2: Fund your account using fiat currency or other supported cryptocurrencies.
• Step 3: Search for the NCT/USDT, NCT/BTC, or NCT/ETH trading pair.
• Step 4: Enter the desired amount of NCT you wish to buy and place a buy order.
• Step 5: Once the order is filled, your NCT coins will be credited to your exchange wallet.

2. Earn NCT Coins through Platform Participation

PolySwarm also allows users to earn NCT coins by actively participating in the platform's security services. Opportunities include:

• Providing Threat Intelligence: Cybersecurity analysts can contribute their expertise by submitting threat reports and intelligence data. The platform rewards valuable contributions with NCT tokens.
• Participating in Threat Hunts: Users can participate in collaborative threat hunts to detect and respond to emerging threats. Active participants are rewarded based on their contributions.
• Govern the Platform: NCT holders can vote on proposals related to platform development, fee structures, and security policies. Participation in governance decisions earns participants NCT tokens.

3. Stake NCT Coins to Earn Rewards

NCT holders can stake their tokens to earn rewards in the form of additional NCT coins. Staking involves locking up your NCT coins for a specified period to support the platform's security and operations.

• Step 1: Transfer your NCT coins to a supported wallet, such as MetaMask or Ledger.
• Step 2: Connect your wallet to the PolySwarm staking platform.
• Step 3: Choose the desired staking period and amount of NCT you wish to stake.
• Step 4: Confirm the transaction and lock up your tokens.

4. Receive NCT Coins as Payment

Individuals and organizations can use NCT coins to purchase threat intelligence services and participate in bounty programs. By accepting payment in NCT, users can support the PolySwarm ecosystem and earn rewards.

5. Join the Community and Token Giveaway Programs

PolySwarm regularly organizes community events, challenges, and token giveaway programs. Participating in these activities can provide opportunities to earn free NCT coins.

• Follow PolySwarm on Social Media: Engage with PolySwarm's social media channels to stay updated on upcoming giveaway campaigns.
• Contribute to the PolySwarm Community: Share your knowledge, ask questions, and provide feedback on the PolySwarm forum.
• Participate in Hackathons and Competitions: PolySwarm may host hackathons or competitions where participants can win NCT coins for innovative solutions.