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 AIChain Token?

AICHAIN (AIT) is a decentralized digital asset operating on the Ethereum blockchain. It is designed to create a popularized, adaptive, and sustainable AI application pool, aiming to break the global data monopoly barrier. AICHAIN will be a blockchain-driven AI ecosystem, reducing the marginal AI learning cost effectively through the first AI Learning Robot Alliance.

How is AIChain Token used?

The AICHAIN token (AIT) is primarily used for trading within the AICHAIN ecosystem, which is a blockchain-driven artificial intelligence (AI) platform. This platform aims to create a decentralized infrastructure for AI applications, reducing the marginal cost of AI learning and promoting sustainable AI development.

How do I store AIChain Token?

To store AIChain Token (AIT) tokens, you can use various wallet options. Here are a few:

  1. Atomic Wallet: This multi-asset wallet supports over 1,000 coins and tokens, including AIT. It is available for desktop and mobile devices and offers features like private key encryption and 24/7 online support.

  2. Noone Wallet: This wallet allows you to create a free AICHAIN wallet and manage your tokens securely. It is available for web, Android, and iOS, and offers features like private key control, two-factor authentication, and regular security updates.

  3. Hardware Wallet: For added security, you can store your AIT tokens in a hardware wallet. This provides an offline storage solution, protecting your tokens from online threats.

Remember to always follow best practices for wallet security, such as enabling two-factor authentication, using strong passwords, and keeping your wallet software up to date.

How to buy AIChain Token?

To buy AIChain Token (AIT) tokens, follow these steps:

  1. Create an Account on a Centralized Exchange:

    • Choose a reliable exchange like Binance, Coinbase, or Gate.io.
    • Register for an account by providing necessary information, including your email address, a secure password, and completing any identity verification steps.
    • Research the exchange's reputation and read user reviews to ensure it is suitable for you.
  2. Fund Your Account:

    • Choose a funding method, such as credit/debit card, bank deposit, P2P trading, or third-party payment channels.
    • Deposit fiat currency into your exchange account using your chosen method.
  3. Buy a Base Currency:

  • Purchase a widely traded cryptocurrency like Ethereum (ETH) or Tether (USDT) using your deposited fiat currency.
  • This base currency will be used to buy AIT tokens.
  1. Transfer Base Currency to a Crypto Wallet:

    • Set up a crypto wallet like Trust Wallet, which supports the Ethereum network.
    • Transfer your base currency (e.g., ETH) from the exchange to your wallet.
  2. Connect to a Decentralized Exchange (DEX):

    • Choose a DEX that supports your wallet, such as 1inch.
    • Connect your wallet to the DEX using your wallet address.
  3. Buy AIT Tokens:

  • On the DEX, select your base currency (e.g., ETH) as the payment and AIT as the coin you want to buy.
  • If AIT doesn’t appear, find its smart contract address on Etherscan.io and paste it into the DEX.
  • Click the Swap button to complete the transaction.
  1. Transfer AIT Tokens to Your Wallet:
    • Once the transaction is complete, your AIT tokens will be in your wallet.
    • You can hold them in your wallet or use them for further trading.

Remember to always be cautious of scams and ensure you are using official websites and contracts.

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