How to Buy Cryptocurrenc
November 18, 2021

How to Buy Streamr (DATA) Coin

What is Streamr (DATA) Coin

Streamr’s mission is to build a decentralized infrastructure for real-time data, replacing centralized message brokers with a global peer-to-peer network. The project aims to allow users “to publish and subscribe to cryptographically-secured data streams, trade real-time data on the marketplace or use Core, the real-time data toolkit“.

The Streamr Network is a decentralized network aimed to gather and publish low-latency real-time data streams from IoT sensors, machines, and other smart devices. The Network is a layer zero protocol that powers truly decentralized Web3 projects. The P2P Network’s real-time data functionality is chain agnostic and can be used by any Web 3 project as a decentralized pub/sub alternative.

The Network is run as a topic-based publish-subscribe system where each stream or pub-sub topic has its own peer-to-peer overlay network that is built and maintained by a set of BitTorrent-like trackers.

The Data Union framework is a data crowdsourcing/crowdselling solution. Working in tandem with the Streamr Network, Ethereum and xDai, the framework powers apps that enable people to earn by sharing their valuable data.

The DATA token is an ERC-20 token used across the Streamr platform. It is used for payments on the Data Marketplace, and the incentive mechanism on the Streamr Network.

How To Buy Streamr (DATA) Coin

1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Data coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.

Sign up for Binance

2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.

3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.

4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Streamr coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.

How Much is a Streamr (DATA) Coin

Streamr (DATA) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.

Where to Buy Streamr (DATA) Coin