Azit (AZIT) is a blockchain-based utility token for a point integration platform focused on real estate and home/living services. It allows users to exchange mileage points from partner companies for AZIT tokens, which can be used for various services or exchanged for fiat currency. The token is traded on centralized exchanges like Bithumb, MEXC, and Bitget, and its market capitalization is calculated by multiplying the token price with the circulating supply.
Azit (AZIT) is the native utility token used in the Azit ecosystem, a blockchain-based point integration platform for real estate and home/living services. The token serves several purposes:
Key Currency for Mileage Points: AZIT acts as a key currency for various service mileage points, allowing users to exchange points from partner companies against AZIT tokens.
Exchanging Partner Company Mileage Points: Users can exchange mileage points from partner companies like Ziptoss and Trustay with AZIT tokens.
Converting Mileage to Fiat Currency: AZIT tokens can be exchanged for fiat currency, providing users with a means to convert their mileage points into usable currency.
The Azit ecosystem aims to integrate various residential services, including real estate, moving, cleaning, house designing, laundry, pet care, and house insurance, allowing users to benefit from these services by exchanging their mileage points via the Azit DAPP.
To store Azit (AZIT) tokens securely, it is recommended to use a "Cold Wallet" instead of a "Hot Wallet" provided by exchanges. Cold Wallets are offline, reducing the risk of hacking and ensuring the safety of your assets. There are two types of Cold Wallets:
- Paper Wallet: Generate public and private keys offline using a program and print them on paper. Store the paper securely to protect your keys.
- Hardware Cold Wallet: A physical device that stores your cryptocurrency. Your crypto addresses and keys are kept in a USB drive device, accessible only to the person possessing the device.
Hardware Cold Wallets are the preferred choice for storing large numbers of coins or tokens. They provide an additional layer of security for long-term storage of your Azit tokens.
To buy Azit (AZIT) tokens, follow these steps:
Choose a Reliable Exchange: Find a trustworthy centralized exchange that supports AZIT trading. You can refer to CoinMarketCap.com's Markets section for a list of exchanges that offer AZIT.
Create an Account: Sign up for an account on the chosen exchange. This typically involves providing personal information and verifying your identity.
Deposit Funds: Deposit the necessary funds into your exchange account. This can be done using various payment methods, such as bank transfers or credit cards.
Navigate to AZIT Trading: Find the AZIT trading pair on the exchange platform. This is usually listed under the "Buy Crypto" or "Markets" section.
Place an Order: Enter the amount of AZIT you want to buy and set the price you are willing to pay. You can choose between a market order or a limit order, depending on your trading strategy.
Store Your Tokens: Once your order is executed, your AZIT tokens will be credited to your exchange account. It is recommended to transfer them to a secure wallet for safekeeping.
By following these steps, you can successfully purchase and manage your Azit (AZIT) tokens.