This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is SPACE?

SPACE ID is a universal name service network that seamlessly connects people, information, assets, and applications across blockchains. It offers a one-stop identity platform to discover, register, trade, and manage web3 domains, along with a web3 name SDK & API for developers and a multi-chain name service for users. The platform aims to simplify the process of managing digital identities and assets across different blockchains, providing a more accessible and interoperable experience for users.

How is SPACE used?

SPACE ID is a decentralized universal name service network that allows users to create and manage human-readable domain names across different blockchain networks. These domain names can be used to access decentralized applications (dApps), smart contracts, non-fungible tokens (NFTs), and other blockchain-based resources. The platform offers a one-stop identity management system, enabling users to discover, register, trade, and manage web3 domains in a single interface.

Key Features
  • Domain Registration: Users can register domain names, which are tradable NFTs, on various blockchain networks such as BNB Chain and Arbitrum.
  • Multi-Chain Support: SPACE ID supports multiple blockchain networks, allowing users to manage their domains across different chains.
  • Web3 Name SDK & API: The platform provides software development kits (SDKs) and application programming interfaces (APIs) for developers to integrate web3 domains into their applications.
  • Governance Token: The ID token is used for governance, staking, and payment within the SPACE ID ecosystem.
Use Cases
  • Personalized Web3 Experience: Users can create customized usernames that can be used across different blockchain networks, simplifying their web3 experience.
  • Domain Trading: SPACE ID offers a marketplace for trading web3 domains, making it easier for users to buy and sell domain names.
  • Identity Management: The platform allows users to manage their digital identities and multiple domain names in a single interface.

Overall, SPACE ID aims to provide a user-friendly and decentralized solution for managing digital identities and web3 domains across various blockchain networks.

How do I store SPACE?

To store SPACE ID tokens, you have several options based on your needs and preferences:

  1. KuCoin Account: You can hold your SPACE ID tokens in your KuCoin account. This provides quick access to trading products like spot and futures trading, staking, and lending. KuCoin serves as the custodian of your crypto assets, ensuring security and convenience.

  2. Non-Custodial Wallets: For enhanced security, you can withdraw your SPACE ID tokens 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 need to trade your tokens frequently.

  3. Metamask: You can also store your SPACE ID tokens in Metamask, a popular Web3 wallet. This allows you to manage your tokens securely and interact with the SPACE ID ecosystem.

Remember to set up strong passwords and security settings to prevent unauthorized access to your funds.

How to buy SPACE?

To buy SPACE (ID) tokens, follow these steps:

  1. Choose a Crypto Exchange: Select a reputable cryptocurrency exchange that supports the trading of SPACE ID tokens. Popular options include KuCoin, Binance, Gate.io, MEXC, and CoinEx.

  2. Create an Account: Sign up for an account on the chosen exchange. This typically involves verifying your email address and identity.

  3. Make a Deposit: Add funds to your account using a debit card, credit card, wire transfer, or Bitcoin (BTC).

  1. Buy SPACE ID: Use your deposited funds to purchase SPACE ID tokens. Ensure you have the correct token contract address (0x2dff88a56767223a5529ea5960da7a3f5f766406) to avoid any confusion.

  2. Store Your Tokens: Once purchased, store your SPACE ID tokens securely in a wallet or on the exchange, depending on your investment strategy.

Remember to research the exchange fees, security features, and supported currencies before making a purchase. Additionally, consider your investment approach and the overall market conditions before buying SPACE ID tokens.

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How SPACE works

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