Buy Threshold(T) Coin

Reasons to Buy Threshold(T) Coin

• Threshold (T) represents the merger between two major competitors in the blockchain privacy market. It underlines a very important aspect of decentralization – collaboration and innovation.
• The combination of KEEP and NU via Threshold opens up new functionalities for both the blockchains, potentially making an investment in the coin lucrative.

The Threshold cryptocurrency is a utility token that provides and maintains a varied assortment of functionalities for decentralized applications. The network also works with KEEP and NuCypher to enhance the utility of smart contracts on privacy-related blockchains. The token is primarily used on the network to stake a node. It can also be staked on the network’s coverage pools to earn regular returns proportionate to investments.

Things to consider before buying Threshold(T) Coin

• Although official sources are not yet available, Threshold’s own team claims that the project’s market cap is valued at more than $1.3 billion at writing.
• T tokens can be used for staking, governance, and work on the network – just like any other utility token.
• Threshold allows users to enjoy a fixed minimum APY of 10% on their stake.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.