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      How to Buy CheckDot(CDT)

      There are several difficulties you may encounter while buying CheckDot(CDT) crypto. You may not sure where and how to buy it. Now CoinCarp will show you the ways how to buy CheckDot(CDT) easily. Learn how to buy CheckDot(CDT) with this Beginner's Guide.
      • What is CheckDot(CDT)?
      • Where to Buy CheckDot(CDT)?
      • What to Do After I Buy CheckDot(CDT)
      • Frequently asked questions

      What is CheckDot(CDT)?

      CheckDot is a solution for covering DeFi users. Each user can insure himself on the CheckDot decentralized protocol against the risks of Depeg, Oracle malfunction, Smart contract vulnerability, Hard depeg, Wallet exploits and Platform hacks.

      By maintaining a dual function as both credibility and credit, the CDT token is the heart of the CheckDot Protocol and embodies the philosophy of "No transaction can occur without trust!"

      In essence, a CDT token represents the "trust" by way of verification and no process can take place without an "insurance policy" in the form of CDT tokens.

      Through governance, CDT holders will have the right to vote for the future implementation, development and claiming legitimacy of user's insurance.

      Where to Buy CheckDot(CDT)?

      The coin or token you wish to buy is not listed on mainstream exchanges or has low or bad liquidity. It could be a high-risk investment. However, you can still try to buy it via P2P(Peer to Peer, buy it from holders).

      Frequently Asked Questions(FAQ)

      Can I buy 1 CheckDot(CDT)?

      The simple answer is "yes", and you can buy less than 1 CheckDot. This is true for almost all cryptocurrencies. But in most crypto exchanges, you should buy any amount starting from $5 to any higher amount.

      Is CheckDot a good investment in 2025?

      The crypto price is unpredictable. All investment has their fair share of ups and downs. There is no exception for CheckDot.
      The crypto market is incredibly volatile like the stock market, it is not recommended to invest all your assets in crypto. Investors definitely need to evaluate the pros and cons of CheckDot. Sometimes you should do some research, for example, read the white paper of the project or check the data of historical CheckDot price or CheckDot Return On Investment(ROI). Ultimately, it depends on your appetite for risk.

      How to Store CheckDot(CDT)?

      If you want to keep and hold CheckDot(CDT) for the long term and do not plan to sell them, security may be the first thing you should consider. Although keeping them in most of the top exchanges' wallets nowadays is safer than before, with the development of security techniques, however, because of the very nature of the wallets in exchanges, they will be always online( so-called "hot wallet"), it is possible of being a hack. What's more, the exchanges shut down may cause the loss of your fund. So the safest way of storing your coins or tokens is always putting them into "Cold Wallets", it is the wallet that is totally offline. There are two types of cold wallets:

      • Paper wallet: It is simply formed by using a program to randomly generate a public and private key offline and you can print them on a piece of paper, which you then store and save in a secure place. The keys are printed in the form of QR codes which you can scan in the future for all your transactions. 
      • Hardware cold wallet: Hardware wallets are physical devices where you can store your cryptocurrency. Your crypto addresses and keys can be kept in a USB drive device, and only the person who possesses the USB drive can access the assets. 

      Nowadays, most people prefer to use hardware cold wallets, if you want to store a large number of coins or tokens, you can choose to use a hardware cold wallet to store your assets. 

      How long does it take to buy CheckDot(CDT)?

      You can buy CheckDot instantly from crypto exchanges like DEX. As for DEX, the transaction will be confirmed by the node in the network. The confirmation time depends on your gas price. If you submit with a low gas price, you can find your transaction taking a long time to process. For advice on what gas prices will result in a transaction being finalized in a reasonable amount of time, if you are using the Ethereum network, please refer to sources such as Etherscan's gas tracker, or a similar tracker for whichever network you're using.