How to Buy SSV Network Coin?

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SSV Network defines itself as a “distributed validator infrastructure for developers.”

Ssv.network is designed to create high-performance, secure, and decentralized ETH staking applications.

What is SSV Network (SSV)?

Distributed Validator Technology enables trustless staking through multi-operator validation. Validator keys are distributed across nodes operating under a consensus layer to perform duties on the Beacon Chain. DVT supports client diversity, decentralization, and fault tolerance while reducing the risks of interruptions.

The Secret Shared Validator (SSV) technology is described as the first secure and robust way to split a validator key for ETH staking among nodes operated by different operators. It is also characterized as a unique protocol that enables a distributed operation of an Ethereum validator. The validator key is encrypted, split, and distributed, ensuring that no operator must rely on another to fulfill validator duties, allowing some nodes to go offline without affecting network performance, and preventing any single operator from making unilateral decisions on behalf of the validator. The result is a decentralized, fault-tolerant, highly secure method for staking on Ethereum.

SSV, later termed Distributed Validator Technology (DVT), was initially conceptualized in collaboration with members of the Ethereum Foundation as a research paper. Essentially, while the SSV protocol enables distributed operation of an Ethereum validator, ssv.network is an infrastructure layer designed to promote decentralization, diversity, fault tolerance, and flexibility within the ETH staking sector.

Where to Buy SSV Coin?

SSV Coin can be safely traded on Binance, the world’s largest cryptocurrency exchange by trading volume. SSV Coin is available on the Binance platform with pairs such as SSV/BTC, SSV/ETH, and CTK/BUSD.

To purchase SSV, one must first register with the Binance exchange. Once registration is complete, users need to transfer cryptocurrency or fiat currency to their Binance wallet. After the transfer is completed, SSV Coin can be purchased through any of the three pairs listed above. To buy from the SSV/BTC trading pair, navigate to the interface for this pair. Enter the desired amount in the limit section of the SSV/BTC interface, and execute the purchase by placing a Buy SSV order.

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