How to buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase ANKR on BYDFi. We'll guide you through it
Choose how to purchase ANKR on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (ANKR). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 500+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store ANKR in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your ANKR to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and reliable
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.
High liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy ANKR on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive ANKR
Trade
Answers
Is Ankr a Good Investment?
The SSV Network might be a good addition to your investment portfolio, particularly if you have faith in the future growth of liquid staking. As a supplier of decentralized staking services, increased staking activities on supported networks may boost investor curiosity in its native token, thereby bolstering the ANKR price statistics.
The price of Ankr token may experience an upswing as a growing number of DeFi users leverage its technology. Enhanced innovation in liquid staking in the DeFi market could also propel the value of ANKR crypto upward in the market, rendering it appealing to invest in and hold.
The value of $ANKR token may also receive backing from a positive shift in market sentiment towards cryptocurrencies, specifically the DeFi sector. This atmosphere could heighten investors' appetite for tokens like ANKR, enhancing the asset's worth.
What Is the Ankr Crypto Price Prediction?
While providing an exact ANKR price prediction for any time frame is unattainable, various fundamental factors may offer insight into the price movements and fluctuations of the Ankr Network cryptocurrency. These include:
Level of Liquid Staking Activity
As a growing number of users utilize Ankrs technology for liquid staking-supported tokens, the value of ANKR crypto may rise. The heightened on-chain activity could render the token more attractive to investors, thereby elevating the ANKR value within the cryptocurrency market.
Future Developments
When Ankrs developers introduce enhancements that augment the projects adaptability and incorporate more use cases for its technology, the platform may become increasingly appealing. This could also drive an upward trend in the ANKR to USD price in the market.
Market Outlook
A positive perspective on digital assets overall, as well as DeFi and staking, could play a crucial part in bolstering the value of ANKR crypto. Heightened demand for liquid staking services, particularly with the rollout of Ethereum 2.0, may also enhance the allure of ANKR cryptocurrency as an investment option.
What Is ANKR Token Used For?
ANKR is the native token of the Ankr Network and serves the following uses:
Native Currency
ANKR is used as an expenditure strategy for accessing aids on the ANKR web, such as staking and electing on administration recommendations. Featuring a versatile and cost-effective pay-as-you-go model, users spend ANKR tokens to make requests to various blockchains they need to interact with.
Depositing as Node Providers
Deposit ANKR tokens as collateral to function as a node provider, which helps promote honest and efficient network participation. After depositing and initiating your node(s), you will receive rewards in ANKR tokens for facilitating traffic.
Staking and Governance
As an $ANKR holder, you can stake your tokens alongside Ankr Network full node providers, earning a portion of the rewards generated from serving network traffic. Additionally, maintain liquidity while staking through ANKR's liquid staking feature. Staking ANKR also lets you participate in the Ankr DAO and vote on important proposals regarding how the protocol will evolve.
Crypto Asset to Trade and HODL
Trade Ankr tokens with other cryptocurrencies to capitalize on fluctuating market conditions and volatility. You can buy or sell ANKR against other digital assets or invest in it for an extended period if you have confidence in the Ankr Networks future. Note that crypto assets are subject to high market risks and volatility, so it is best to DYOR before placing trades in the crypto market.
How to Stake ANKR
Heres how to stake ANKR tokens on Ankrs staking interface:
1. Open the Ankr dApp and connect your wallet to it. Ensure your wallet is sufficiently funded by buying ANKR on BYDFi or other supported platforms and withdrawing your tokens to your wallet.
2. Visit the Staking section of the app.
3. Select the ANKR token option from the Delegation Staking section on the page.
4. Click the Stake button to enter the number of ANKR tokens you want to stake. Select the node provider you wish to delegate your staked ANKR.
5. Review the locking period and other details before clicking Approve to confirm the transaction.
6. Sit back, earn rewards, and grow your ANKR holdings by staking the tokens on Ankr Network.
What Networks Does Ankr Support?
As of April 2023, Ankr supports several leading blockchain networks, such as Avalanche, BNB Chain, Polkadot, Fantom, Kusama, and Ethereum. You can use the platform for liquid staking of the following tokens: ETH, MATIC, BNB, FTM, AVAX, DOT, and SSV-Ethereum (ETH).
