How and Where to Buy (Decentralized Social) DESO Coin – Step by Step Guide

This article will go over the most recent How to Buy Decentralized Social, DESO Coin, and where to get it.

DESO is a new blockchain that will enable decentralized social networks in Web 3.0. Since its debut in the year of 2019,

DESO is a project that tries to address the issues arising due to the current centralization of social media.

Currently, a small number of private firms effectively control public discourse and profit from monopolistic profits; nevertheless, content creators are frequently underpaid and under-engaged.

DESO’s social blockchain, on the other hand, sees social media material as a public utility that anybody may use.

DESO blends the concept of cryptocurrencies’ open P2P financial system with an efficient and scalable database infrastructure.

They were designed to usher in the next wave of Web 3.0 social networks.

deso coin
Photo credit: Vizaca

What is a Decentralized Social (DESO) Coin?

The native coin that powers the blockchain platform designed to serve a wide variety of decentralized social media applications, Decentralized Social (DESO), is now accessible on Coinbase. 

The layer one blockchain initiative promises to give social media platforms up to a billion users’ scalability.

Is DESO Token a Good Investment?

The value of Decentralized Social is projected to rise in the future, as scarcity tends to stimulate price increases.

Please keep in mind that any investment has some risk.

Simply said, invest in what you can achieve before drawing any judgments, and undertake as much research as possible.

DESO Coin Review

DESO coin can also be used to incentivize network-building behavior or get access to exclusive DESO features.

After a particular amount of comments have been made by various network users, for example, those members can spend their DESO Tokens to unlock the option to create polls within their postings.

Decentralized social networks differ from popular ones in that they run their servers rather than relying on a single entity’s centralized server.

A decentralized social network like Mastodon is one example, and it runs on open-source software and is similar to Twitter in terms of functionality. Steem, a social blockchain, is another example.

DESO Coin Price

The current Decentralized Social price is USD 82.77, with a trading volume of USD 10,069,933 in the last 24 hours. 

Our DESO to USD price is updated in real-time. 

In the previous 24 hours, Decentralized Social has lost 7.60 percent of its value. 

With a live market cap of not available, the current CoinMarketCap ranking is #2860. 

There is no circulating supply and a maximum supply of 10,808,492 DESO coins.

Where to Buy Decentralized Social (DESO) Coin

Beginning now, Decentralized Social (DESO) is a cryptocurrency that can be purchased on and through the Coinbase Android and iOS apps. 

Customers of Coinbase can now trade, transmit, receive, and store DESO in most Coinbase-supported regions, with some restrictions noted on each asset page.

DESO Coin Contract Address

If you’ve ever tried to add a new token to your wallet, you may have noticed a form field that asks for a Token Contract Address. 

This refers to the address of the actual token contract, which governs the tokens’ logic. 

It has nothing to do with the address where your tokens are kept!

To find out what this address is, visit the token’s website for further information, or click here and search for the name of your token directly.

Read also:

When it comes to purchasing bitcoin, you have a lot of options. Fortunately, you may buy Decentralized Social via the Coinbase app, which can be downloaded from any Coinbase location. 

It’s uncomplicated, easy to understand, and risk-free. 

This is how you can buy Decentralized Social with the Coinbase app if you live in the United States.

  • Create a Coinbase account to get started.

Download the Coinbase app to start the registration process. You’ll need a valid ID and maybe proof of address to transact, so be ready. 

Verifying your ID may take longer than a few minutes, depending on where you live.

  • Choose a payment method.

By tapping the payment method box, you can connect a payment method. 

Optional payment methods include a bank account, a debit card, or a wire transfer.

  • Start a trade.

After tapping the button, choose “Buy” from the drop-down menu.

  • From the list of assets, choose Decentralized Social.

Type “Decentralized Social” into the search bar to find Decentralized Social. 

When Decentralized Social appears in the search results, tap it to get to the purchase page.

  • Enter the amount of money you want to spend.

Input the amount you want to spend in your native currency using the number pad. 

This will be immediately converted to a Decentralized Social amount by the app.

  • Complete your purchase by checking the box.

When you’re ready, tap “Preview buy.” The specifics of your purchase will be displayed. 

After you’ve double-checked that everything seems good, you can finalize your order. 

That’s all there is to it; you’ve purchased Decentralized Social.

Watch the video below to learn how to buy the DESO Coin:

DESO Coin Price Prediction 2022

In 2022, the price of Decentralized Social is expected to reach a minimum of $193.80. 

Throughout 2022, the Decentralized Social price might get a maximum of $233.28, an average price of $200.85.

Users have more control and autonomy in decentralized social networks.

Individuals can create their social network and decide how it will function and what users will say.

Rather than having content supervised by a business, the founder of a decentralized social network can define the site’s acceptable behavior.

The ability to purchase and sell more cryptocurrencies on Coinbase is one of the most common requests we receive from consumers.

We announced a process for listing assets to add additional cryptocurrencies faster.

We’re also putting money into new tools to help individuals learn about and experiment with cryptocurrencies.

About Author

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Carlos James
I am a creative writer, researcher and strategic digital marketer who is focused on providing value to the community through my contents and creatives.

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