How to Buy CheckDot(CDT)
- What is CheckDot(CDT)?
- Where to Buy CheckDot(CDT)?
- How to Buy CheckDot(CDT) From DEX?
- 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)?
| Exchange | Pairs | Price | Volume | Volume% | 24h% | Updated |
|---|---|---|---|---|---|---|
 MEXC Global | CDT/USDT | $0.0762 | $4,006.56 | 100.00% | 1.74% | Recently |
Binance How to Buy CheckDot(CDT) From DEX?
Each DEX may differ in its functions, however, the trading procedures are similar.
- Step 1: Go to the decentralized exchange (DEX) page
- Step 2: Download and install a Web3 crypto wallet(such as Metamask) or App wallet (such as Trust Wallet) which is supposed by the DEX. (Choose one from Top Crypto Wallet Ranking)
- Step 3: Create and set up a new wallet. (Learn more about how to use a crypto wallet, please check the learning about crypto wallats)
- Step 4: Transfer ETH, BNB, etc.(the corresponding mainnet cryptocurrency of the blockchain that DEX runs on) that purchased by fiat to your self-custody crypto wallet address. If you have the coins in your CEX wallet, find the "withdrew "option and paste the crypto wallet address and transfer.
- Step 5: Connected your wallet to the decentralized exchange (DEX), in general, click "Connect Wallet" on the upper right side of the DEX and followed the instructions to connect.
- Step 6: Find the "Swap" option on DEX, then choose the token you want to trade from the dropdown menu in the "From" section and CheckDot(CDT) in the "To" section, if you can't find CheckDot(CDT) in the list, you can input the contract address of CheckDot(CDT) and add. Next, type an amount for your "To" currency by clicking inside the input box. You can also type your "From" amount and have the "To" amount estimate automatically if you like.
- Step 7: Check the details, and click the "Swap" button. When you are ready, click the "Confirm Swap" button. Your wallet will ask you to confirm the action.
- Step 8: Done! You can see your transaction details on the block explorer.
Note: Since there are many fake tokens on the decentralized exchange (DEX), please beware of the scam token.
What to Do After I Buy CheckDot(CDT)
Store/Hold CheckDot(CDT)
Many investors hold their CheckDot with the expectation of it increases in value. You can store your CheckDot on your exchanges' wallets(such as Binance Wallet) or on crypto wallets( such as Trust Wallet), if you wish to store them for the long term, you can store them in a cold wallet instead of a hot wallet. ( Hot Wallets vs Cold Wallets: What's the Difference? ).
Trade CheckDot(CDT)
You can trade CheckDot(CDT) for other cryptocurrencies on crypto exchanges. Cex or Dex exchanges offer some trading pairs for CheckDot trading to meet your needs.
Earn CheckDot(CDT)
Earn Rewards by staking coins. Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account.
Transfer
Unlike sending money overseas, you can send CheckDot to anyone in the world virtually instantly.
Purchasing Goods
Some online platforms or offline shops accept crypto as payments. You can purchase good or service from these places.
Frequently Asked Questions(FAQ)
Can I buy 1 CheckDot(CDT)?
Is CheckDot a good investment in 2025?
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)?
CheckDot Price
CheckDot price today is $0.0762 with a 24-hour trading volume of $4,006.56. CDT price is up 1.46% in the last 24 hours. It has a circulating supply of 7.75Mil CDT coins and a max supply of 21Mil.