How to BuyCORE(core)
5 Steps to Buy CORE(core) on BYDFi
Create Your Free BYDFi Account
Sign up on BYDFi with your email/phone and set a strong password to secure your account.
Secure Your Account
Enhance account security with Google Authenticator, anti-phishing code, and fund password.
Verify Your Account
Enter your personal information and upload a photo of your valid ID card toverify your account
Add Payment Method
Once your BYDFi account is verified, add credit/debit card or bank account
BuyCORE(core)
There are various payment methods available to purchase CORE on BYDFi. We'll guide you through it
Choose how to purchase CORE on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy CORE(core)
- 1
Buy CORE(core) with Credit/Debit Card
This is the easiest way for new users to buy (CORE). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy CORE(core) through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy CORE(core) on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular CORE(core) buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the CORE(core) trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to CORE(core)
Note: BYDFi offers a variety of order types to buy CORE(core) in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available CORE(core) in your account
How to store CORE(core)?
The best way to store CORE(core) will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store CORE(core)
Store CORE in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your CORE to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw CORE(core) to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade CORE(core) or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of CORE(core).
How you can use CORE(core) with BYDFi
Hold
Store CORE(core) in your BYDFi account.
Trade
Trade CORE(core) in spot and futures markets.
Why is BYDFi the best platform to buy CORE(core)?
Safe and Reliable
Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed 1:1 by physical assets. BYDFi was recognized as one of the best cryptocurrency exchanges of 2021 by Forbes and named the Best Cryptocurrency App of 2022 by Ascent.
High Liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy CORE on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying CORE(core) on BYDFi is quick and convenient. Buy Coin on BYDFi to receive CORE
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Answers
What Is Core (CORE)?
Core (CORE) is an L1 blockchain compatible with Ethereum Virtual Machine (EVM) that can run Ethereum smart contracts and decentralized applications (dApps). The Core network is powered by the Satoshi Plus consensus mechanism, which combines delegated Bitcoin mining hash and delegated Proof-of-Stake (DPoS) to secure the network. The protocol is supported by its native token, CORE.
The project aims to create an infrastructure that operates at the core of web 3.0, offering innovative solutions to the blockchain trilemma.
The mainnet was launched in January 2023. The blockchain is governed by a decentralized autonomous organization (DAO), with the Core DAO responsible for the development of the Satoshi Plus ecosystem.
Who Are the Founders of Core?
According to official Core accounts, CoreDAO is a global team of contributors who share a vision and passion for a better web 3.0. They contribute to the growth of the Satoshi Plus ecosystem through blockchain technology. The project has a large number of supporters, with about 1.6 million Twitter followers and over 74,000 Telegram followers. However, the identities of the creators, contributors, and developers remain undisclosed to the public.
What Makes Core (CORE) Unique?
Core utilizes the Satoshi Plus consensus mechanism, combining Bitcoin's Proof-of-Work (PoW) and Ethereum's Delegated Proof-of-Stake (DPoS). This combination allows the network to achieve decentralization and scalability, addressing the challenges of the blockchain trilemma.
Core provides the composability of an EVM chain, enabling the management of smart contracts and dApps. Developers are rewarded with S-Prize tokens (Satoshi Prize) for creating dApps on the Core blockchain and adding value to the ecosystem.
The protocol embraces decentralization through a decentralized autonomous organization (DAO) that controls transaction fees, governance parameters, proposes upgrades, makes development proposals, and votes on proposals.
How Many Core (CORE) Coins Are There in Circulation?
CORE is the utility and governance token of the Core network, with a maximum supply of 2.1 billion coins. It follows the scarcity principle of value, similar to Bitcoin's hard cap.
The developers will implement a burn model inspired by Ethereum's "Ultra Sound Money", where a certain percentage of rewards and fees will be determined by the Core DAO and burnt.
The total supply of CORE is distributed into six categories: 39.995% to node mining; 25.029% to Core users; 15% to contributors; 10% to reserves; 0.476% to relayer rewards; and 9.5% to the treasury.
How Is the Core Network Secured?
The Core blockchain utilizes the Satoshi Plus consensus mechanism, which combines Bitcoin's Proof-of-Work (PoW) framework with a modified Proof-of-Stake (PoS) mechanism known as delegated Proof-of-Stake (DPoS).
In addition, the network undergoes audits by CertiK, a firm specializing in web 3.0 security, blockchain protocol monitoring, and crypto audits.
Where Can You Buy Core (CORE)?
Core (CORE) is listed on various cryptocurrency exchanges such as Huobi, OKX, Gate.io, Bybit, Poloniex, and others. Users can purchase CORE tokens and trade them with USDT pairs.
To stay updated with CORE prices in real-time, download the CMC mobile app.
