How to buy Akash Network (AKT) in Australia
Learn how to buy Akash Network (AKT) easily by following a step-by-step guide and compare 10+ crypto exchanges.
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How to buy Akash Network
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Akash Network.
- Open an account on an exchange that supports AKT.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Akash Network.
- Buy Akash Network.
Complete your Akash Network purchase and then find the best wallet to store AKT.
What is Akash Network?
Akash Network brings blockchain to cloud-based computing. Akash aims to provide the security of blockchain and the versatility of the cloud for DeFi, AI and any other high-growth tech solutions. The native token of the Akash Network, AKT, secures the blockchain for the network. It also provides token holders with a say in the network governance, incentivises participation and serves as the network’s default instrument of exchange.
Akash Network (AKT) is the 302nd largest cryptocurrency in the world by market cap, valued at $252,602,758. The current price of Akash Network is $2.12, which is 4.368% higher than yesterday. Prices have ranged between $2.16 and $2.01 over the past 24 hours. All prices are listed in US dollars and accurate as of December 03, 2021 03:12 UTC.
Where to buy Akash Network
Find an exchange to buy, sell and trade AKT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Is it a good time to buy Akash Network?
The technical analysis gauge for Akash Network displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Akash Network based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Akash Network: moving averages, oscillators and pivots. Finder is not responsible for how AKT performs.
Akash Network at a glance
|Total AKT supply||168,563,081|
|All time high||US$8.07|
|All time high date||April 06, 2021|
|Notable team members||Greg Osuri|
|Partnerships||Helium Network, CertiK|
|Token uses||Utility token|
Akash Network price performance over time
How to sell Akash Network
You can cash out your AKT with the same exchange you bought it through:
- Sign in to the exchange you have AKT on.
If you store your Akash Network in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of AKT you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Akash Network.
What to consider when buying Akash NetworkThe Akash Network is poised to provide a breakthrough service – decentralised cloud resources to power a DeFi world. Like blockchain and cryptocurrency technology in general, Akash is in its early days. Before purchasing AKT, consider the following:
- Stiff competition. The Akash Network was developed in part as a response to the centralised nature of today's cloud computing, which is largely controlled by large companies such as Amazon and Microsoft. Akash is trying to pioneer a new, decentralised model for delivering cloud computing resources, but it faces stiff competition from the established industry leaders.
- Applications. While the competition is stiff, the possibilities are nearly endless. Entire sectors of the tech industry, such as Software-as-a-Service (SaaS) companies, are powered by and hosted on the cloud. Those sectors are likely to experience continued growth for the foreseeable future, and Akash offers the chance to be part of a new model for those industries. But like all new models, it's impossible to tell exactly where the market will go, and if Akash will be able to establish itself as a major player in the cloud computing world.
- Profit model. Akash plans to return some of the money spent on network services to investors. Holders of AKT will potentially be able to profit both from holding and staking AKT. This model hinges upon widespread adoption of the Akash network in order to be profitable.
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Disclaimer: Cryptocurrencies, including Akash Network, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of AKT is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Akash Network or any other cryptocurrency discussed.
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