SmartMesh (SMT) is a cryptocurrency token built on the Ethereum platform, designed to create a decentralized and self-organizing mesh network. It enables seamless communication and transactions, particularly in areas with limited internet access, by leveraging mesh networking technology. The SMT token incentivizes users to participate in the network, allowing them to earn rewards and facilitating secure transactions within the ecosystem.
SmartMesh (SMT) is a cryptocurrency token that operates on the Ethereum platform. It is primarily used within the SmartMesh ecosystem, which focuses on building a blockchain-based underlying protocol for the Internet of Things (IoT). This protocol enables the formation of decentralized, self-repairing mesh networks that can facilitate internet-free digital payments, transactions, and communications.
Key Use CasesInternet-Free Payments:
- In areas without internet connectivity, SmartMesh allows for peer-to-peer and multi-hop connections, enabling mobile payments even in the absence of traditional network services.
Internet-Free Communications:
- SmartMesh technology enables communication between devices without relying on traditional internet or telecom services. This is particularly useful in areas with poor network infrastructure or during emergencies where network signals are unavailable.
Network Congestion Relief:
- SmartMesh networks can alleviate network congestion by providing higher network quality and transmission speeds, making them suitable for areas with high user density or physical barriers to network stability.
- When users contribute to the mesh network by transmitting data, they are rewarded with a proportionate amount of SMT tokens. This incentivizes users to participate in building and maintaining the network.
- SmartMesh tokens can be traded on various exchanges, including HTX, Gate.io, and HitBTC, with the primary trading pair being SMT/USDT.
- The current market capitalization of SmartMesh is around $3.68 million, with a circulating supply of approximately 1.67 billion SMT tokens.
Overall, SmartMesh is designed to create a parallel network infrastructure that can operate independently of traditional internet services, providing a robust and resilient platform for IoT devices and applications.
To store SmartMesh (SMT) tokens, you have two primary options:
Store on an Exchange:
- Hold your funds on a reputable exchange like Gate, Huobi, or HitBTC. This provides convenient access to investment products and features such as spot and futures trading, staking, and lending. Ensure the exchange has strict security measures to protect your assets.
Use Non-Custodial Wallets:
- Withdraw your SmartMesh (SMT) to a non-custodial wallet, granting you complete control over your private keys. This option includes hardware wallets, Web3 wallets, or paper wallets. Be sure to store your private keys securely to avoid losing access to your assets.
To buy SmartMesh (SMT) tokens, you can follow these steps:
Buying SmartMesh (SMT) via a Crypto Wallet- Choose a Wallet: Select a reliable and reputable crypto wallet that supports SmartMesh (SMT).
- Download the App: Download the wallet application to your device from the Google Play Store, App Store, or as a browser extension.
- Create a Wallet: Create a new wallet address or import an existing one. Make sure you write down the seed phrase and keep it in a secure place.
- Buy SmartMesh (SMT): Purchase the cryptocurrency using a supported payment method. Check the fees, as they may be higher than what exchanges charge.
- Swap for SmartMesh (SMT): If your wallet doesn’t support direct fiat-to-SMT purchases, you can first buy a more popular cryptocurrency like USDT and then exchange it for SmartMesh (SMT) through your crypto wallet or on a decentralized exchange.
- Choose a CEX: Select a reliable and trustworthy crypto exchange that supports SmartMesh (SMT) purchases. Consider the ease of use, fee structure, and supported payment methods.
- Create an Account: Enter the required information and set a secure password. Enable 2FA using Google Authenticator and other security settings.
- Verify Your Identity: Complete KYC verification, which may vary based on your nationality and region.
- Add a Payment Method: Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment method.
- Buy SmartMesh (SMT): You can buy SmartMesh (SMT) using fiat currency if supported, or first purchase a popular cryptocurrency like USDT and then exchange it for SmartMesh (SMT).
- P2P Trading: Certain exchanges provide a peer-to-peer service, allowing you to directly purchase SmartMesh (SMT) from other users.
- Third-Party Payment: Various third-party payment channels are available with multiple choices.
- Swapzone: You can also use Swapzone to exchange other cryptocurrencies for SmartMesh (SMT).
SmartMesh (SMT) is available on several exchanges, including Huobi, Gate.io, and HitBTC, with various trading pairs such as SMT/USDT and SMT/ETH.