Keep Network (KEEP) is a privacy-focused infrastructure for public blockchains that enables private data utilization without compromising confidentiality. It uses off-chain containers called "keeps" to store and encrypt private data, ensuring true decentralization and security without compromise.
Keep Network (KEEP) is used to secure and run the network, particularly in its application tBTC, which is a tokenized version of Bitcoin that can be used on the Ethereum network. KEEP tokens are staked to form nodes, ensuring the security and stability of the network. The stakers are rewarded for their participation, incentivizing them to maintain the network.
To store Keep Network (KEEP) tokens, you can follow these steps:
Create a Ledger Wallet:
- Create an Ethereum (ETH) wallet on your Ledger device. This will allow you to store KEEP tokens as they are ERC-20 tokens on the Ethereum network.
Connect to MetaMask:
- Connect your Ledger wallet to MetaMask. This will enable you to interact with smart contracts and manage your KEEP tokens.
Add the Keep Network to MetaMask:
- Use the Chainlist website to find and add the Keep Network to MetaMask. This will allow you to switch to the Keep Network and manage your KEEP tokens.
Store KEEP Tokens:
- Once you have added the Keep Network to MetaMask, you can store your KEEP tokens in your Ledger wallet. The Ledger wallet will store the tokens securely, and you can manage them through MetaMask.
Keep Your Recovery Phrase Safe:
- Always keep your 24-word recovery phrase safe and secure. Never share it with anyone, and only store it physically or on a secure device.
By following these steps, you can securely store your Keep Network (KEEP) tokens using your Ledger wallet and manage them through MetaMask.
To buy Keep Network (KEEP) tokens, you can follow these steps:
Choose a Centralized Exchange (CEX):
- Select a reliable and trustworthy crypto exchange that supports Keep Network (KEEP) purchases. Consider the ease of use, fee structure, and supported payment methods when choosing a crypto exchange.
- Popular exchanges that support KEEP include KuCoin, Kraken, and Gate.io.
Create an Account:
- Enter the required information and set a secure password.
- Enable 2FA using Google Authenticator and other security settings to add an extra layer of security to your account.
Verify Your Identity:
- Complete KYC verification, which may require varying information based on your nationality and region.
- Users who pass KYC verification will have access to more features and services on the platform.
Add a Payment Method:
- Follow the instructions provided by the exchange to add a credit/debit card, bank account, or other supported payment method.
Buy Keep Network (KEEP):
- You can buy Keep Network (KEEP) using fiat currency if supported by the exchange.
- Alternatively, you can first purchase a popular cryptocurrency like USDT and then exchange it for Keep Network (KEEP).
Use a Decentralized Exchange (DEX):
- Another option is to use a DEX that supports the blockchain where your Keep Network resides.
- Download and set up a crypto wallet like Trust Wallet, and connect it to the DEX.
- Trade your Ethereum or other supported cryptocurrencies for Keep Network (KEEP).
- Use a Crypto Wallet:
- You can also buy certain cryptocurrencies directly via a crypto wallet.
- Select a reliable and reputable crypto wallet that supports Keep Network (KEEP).
- Download the wallet application, create a new wallet address, and purchase the cryptocurrency using a supported payment method.
Remember to check the fees and ensure you are comfortable with the payment processors used by the wallet or exchange.
