Where to buy Secret (SCRT)
You can buy Secret (SCRT) and other cryptocurrencies from various trading platforms and decentralised exchanges. To help you out, we’ve provided a list of our recommended exchanges and brokerages below for you to get started with.
Why buy Secret?
In a world in which people’s data is freely used for purposes they are often unaware of, privacy is an intangible thing that’s in high demand.
With Secret, the development tools on offer allow potential dApps creators to make privacy enabled decentralised finance (DeFi) applications for a variety of financial use cases. Investors can choose to keep their transactions away from prying eyes and can also stake any SCRT holdings they have to earn interest while contributing to the fair and balanced operation of Secret’s consensus mechanism.
Secret’s Network is also home to an NFT marketplace that gives NFT holders the ability to hide certain aspects of their ownership from the public. There are many use cases for this. Number one is that the identity of an owner, which can be worked out on most blockchains, can be kept from view. This is important when it comes to sealed bid auctions. Keeping the NFT collector's wallet information confidential prevents any balance—visible on most other blockchains—from being weaponised by a competing bidder.
For NFT creators, privacy tools can be implemented to decide who can view their full content. This is ideal for artists who want to reward avid community members with NFT surprises. In addition, privacy elements can be used to prevent image theft. The NFT artist can produce a low resolution or watermarked image that automatically unlocks the high-resolution image for whoever buys the NFT.
In addition to these things, Secret also hosts dApps such as Alter, a private messaging application for protecting user data and identities; Secret Auctions, a decentralised peer-to-peer auction house; Jackal, a decentralised cloud storage application, and more.
If you like what the Secret network has on offer and can see potential in a project that genuinely tackles the thorny issue of privacy, it could be well worth getting some SCRT. You can buy Secret easily here now.
Where to store your SCRT
You can keep your SCRT tokens on your chosen trading platform, where you'll be able to trade them and stake them using its staking services. If you’d like more control over your funds, and greater security, then sending your tokens to a personal non-custodial wallet is a good idea.
Wallets such as Metamask and Trustwallet are used by millions of crypto investors and users around the world. Non-custodial hardware wallets such as Ledger Nano S are also great for securing your assets safely. Hardware wallets provide the greatest security when it comes to safeguarding your funds and managing your wallet. You can use our list of recommended hardware wallets below to discover more.