Robonomics Network (XRT) is a cryptocurrency token that enables the integration of robots into blockchain ecosystems, facilitating communication between humans and IoT devices. It allows users to pay for robot services and access blockchain networks where Robonomics operates, with real-world applications including drone launches, human-to-robot communication, environmental sensors, and decentralized hosting services.
The Robonomics Network (XRT) is a utility token that enables the control of IoT devices on top of the Ethereum network and the Robonomics parachain. It is used to facilitate interactions between user applications, IoT services, and complex robotics, allowing for the exchange of technical and economic information in the form of atomic transactions.
The token is essential for various real-world applications, such as:
- Launching the Distributed Sky Project: XRT was used to launch a drone with a transaction on the Ethereum network, demonstrating the core vision of Robonomics.
- Commissioning Gaka-Chu: An IoT robot that creates pictures and automatically mints them into NFTs, showcasing direct human-to-robot communication with the blockchain.
- Operating Environmental Sensors: The Clean Water Program uses smart IoT sensors and the Robonomics network to measure the quality of Europe’s longest river.
- Decentralized Hosting Service: XRT allows users to operate ROS-enabled robots, providing a decentralized hosting service.
In summary, XRT is the key to unlocking the full potential of Robonomics, enabling secure and decentralized interactions between IoT devices and user applications.
To store Robonomics Network (XRT) tokens securely, consider using hardware wallets like Ledger. These wallets store your private keys offline, making it nearly impossible for hackers to access your funds. Additionally, using trusted platforms like Kraken for trading and storing your XRT can provide an extra layer of security. Kraken employs advanced security measures such as encryption, two-factor authentication, and cold storage to protect your assets from potential threats.
To buy Robonomics Network (XRT) tokens, you can follow these steps:
Choose an Exchange: Select a reliable centralized exchange (CEX) that supports Robonomics Network (XRT) trading. Ensure the exchange has solid security, liquidity, and a competitive fee structure. Some popular exchanges include Kraken and Uniswap.
Create an Account: Register an account on the chosen exchange's official website or app. Verify your identity and secure your account by enabling two-step verification.
Fund Your Account: Use fiat currency to buy a base currency like USDT, ETH, or BNB. You can use the exchange's OTC trading service or a financial service platform like PayPal or Robinhood (for US residents).
Transfer Funds: If the exchange you're using does not support XRT trading, transfer your base currency to an exchange that does. Ensure you have the necessary funds in the correct currency to trade for XRT.
Buy XRT: Once you have the required funds, use them to buy Robonomics Network (XRT) in the spot market. You can trade XRT against your base currency.
Alternatively, you can use decentralized exchanges (DEXs) like Uniswap or Sushiwap. For DEXs, you need to purchase the mainnet cryptocurrency (e.g., ETH for Ethereum-based DEXs) and then swap it for XRT.
Remember to always research the exchange and its fees before making a purchase, and be cautious of scams and hidden fees.
