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What is Measurable Data Token?

Measurable Data Token (MDT) is a decentralized data exchange ecosystem that empowers users to monetize and control their own data while providing data buyers with an efficient trading platform. MDT is an ERC-20 token that powers the ecosystem, facilitating transactions and rewarding users for engaging with the network. It operates on the Ethereum blockchain and is designed to ensure transparency, security, and user empowerment.

How is Measurable Data Token used?

Measurable Data Token (MDT) is a decentralized data exchange ecosystem built on blockchain technology. It allows users to control and monetize their data securely and anonymously. The ecosystem has two main products: RewardMe and Measurable AI.

RewardMe is a consumer-oriented app that rewards users for sharing their data. Users can earn rewards automatically on their purchases across various platforms. The data is anonymized, aggregated, and exchanged as big data, with smart contracts ensuring users receive their share of the profits.

Measurable AI, on the other hand, is a business-oriented product that provides accurate, real-time, and actionable consumer insights to financial institutions and companies. It collects over 20 billion anonymous data points from online shoppers worldwide and transforms them into valuable insights, which are updated daily. This data is stored securely on the blockchain, ensuring traceability and anonymity.

In summary, MDT enables users to earn rewards by sharing their data and provides businesses with actionable insights from anonymous and secure data transactions.

How do I store Measurable Data Token?

To store Measurable Data Token (MDT) tokens, you have two primary options:

  1. Store on an Exchange:

    • Holding your funds on an exchange provides convenient access to various investment products and features, such as spot and futures trading, staking, lending, and more. The exchange will securely hold your funds, but be sure to select an exchange that implements strict security measures to ensure your crypto assets are safe.
  2. Non-Custodial Wallets:

    • For enhanced security, you can withdraw your MDT to a non-custodial wallet. This grants you complete control over your private keys. You can use hardware wallets, Web3 wallets, or paper wallets. However, this option may be less convenient if you wish to trade your MDT frequently or put your assets to work. Be sure to store your private keys securely to avoid losing access to your MDT.

How to buy Measurable Data Token?

To buy Measurable Data Token (MDT) tokens, you can follow these steps:

  1. Choose a Reliable Exchange:

    • Swyftx: A secure and user-friendly platform that supports Australian dollars (AUD) deposits. It offers competitive fees and excellent customer support.
    • Coinbase: A centralized exchange that allows you to buy MDT with a bank account, debit card, or wire transfer. It also supports PayPal for US customers.
    • Binance: A popular exchange that offers various payment options, including credit/debit cards, bank deposits, and third-party payment channels.
    • KuCoin: A centralized exchange that supports multiple payment methods and provides a step-by-step guide for buying MDT.
  2. Create an Account:

    • Register on the chosen exchange's website or mobile app by providing the required information and setting a secure password.
    • Enable two-factor authentication (2FA) for added security.
  3. Verify Your Identity:

  • Complete Know-Your-Customer (KYC) verification by providing the necessary documents and information.
  1. Add a Payment Method:

    • Follow the exchange's instructions to add a payment method, such as a credit/debit card, bank account, or other supported options.
  2. Buy Measurable Data Token (MDT):

    • Use your added payment method to purchase MDT. You may need to convert your fiat currency to a stablecoin like USDT first, depending on the exchange's requirements.
    • Confirm your order and wait for the transaction to process.
  3. Store Your MDT:

  • You can store your MDT tokens in your exchange account or transfer them to a personal crypto wallet for added security.

Remember to always follow the specific instructions and guidelines provided by the exchange you choose, and ensure you understand the fees and risks associated with buying and holding cryptocurrencies.

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