Tenset (10SET) is a deflationary token on the BNB Chain that powers a technological hub specializing in blockchain. It connects innovative startups with marketing and a global community through its launchpad, providing tools for growth and success. The token is designed to increase in value over time through a mechanism that burns a portion of every transaction fee, reducing the overall supply and rewarding holders.
Tenset (10SET) is a utility token that powers the diverse Tenset ecosystem. It is the native currency for all services within the ecosystem, including the Tenset launchpad, Infinity airdrop platform, NFT marketplace, gaming hub, and more. To participate in launches, users need to buy and lock 10SET tokens from their private wallet. The token is deflationary, meaning it reduces the number of available tokens to boost its value by burning half of the 4% transaction fee it charges. This mechanism rewards loyal holders and supports long-term value.
To store Tenset (10SET) tokens, you have several options:
Exchanges' Wallets: You can store your Tenset tokens on the wallets provided by the exchanges where you purchased them, such as Binance Wallet or Gate.io Wallet. This is a convenient option, but keep in mind that exchanges' wallets are "hot wallets" and are always online, which makes them more vulnerable to hacking risks.
Crypto Wallets: You can use third-party crypto wallets like Trust Wallet, which supports millions of assets and blockchains. These wallets offer more security and flexibility than exchange wallets.
Cold Wallets: For long-term storage and maximum security, consider using a cold wallet, which is an offline storage method. This is the safest way to store your tokens, as they are not connected to the internet and are less susceptible to hacking.
- Hardware Wallets: Another secure option is to use a hardware wallet, which is a physical device specifically designed to store cryptocurrencies securely.
Regardless of the wallet you choose, make sure to follow best practices for securing your wallet, such as keeping your seed phrase safe and using strong passwords.
To buy Tenset (10SET) tokens, follow these steps:
Choose a Centralized Exchange (CEX):
- Select a reliable and trustworthy crypto exchange that supports Tenset (10SET) purchases, such as Gate.io, Coinw, or Bitget.
- Consider the ease of use, fee structure, and supported payment methods when choosing a crypto exchange.
Create an Account:
- Enter the required information and set a secure password.
- Enable two-factor authentication (2FA) for added security.
Verify Your Identity:
- Complete Know-Your-Customer (KYC) verification, which may require government-issued identification documents.
Add a Payment Method:
- Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment methods.
Buy Tenset (10SET):
- Use fiat currency to buy a popular cryptocurrency like USDT, ETH, or BNB if supported by the exchange.
- Transfer the purchased cryptocurrency to the exchange that supports Tenset (10SET) trading.
- Buy Tenset (10SET) using the transferred cryptocurrency.
Alternatively, you can use a decentralized exchange (DEX) like PancakeSwap, which supports Tenset (10SET) trading. For this, you will need to:
Download a Crypto Wallet:
- Choose a reliable wallet like Trust Wallet, which supports the BNB Chain network.
- Download the wallet via Google Play, the iOS App Store, or as a browser extension.
Set Up Your Wallet:
- Register and set up the crypto wallet via the wallet’s Google Chrome extension or mobile app.
- Keep your seed phrase safe and note your wallet address.
Buy BNB as Your Base Currency:
- Buy BNB on Binance or another exchange that supports it.
- Transfer the BNB to your Trust Wallet.
- Connect to a DEX:
- Connect your Trust Wallet to the DEX, such as PancakeSwap.
- Trade your BNB for Tenset (10SET).
Remember to always research the exchange and wallet you choose, and be cautious of scams and market volatility.