How to Buy Spacemesh (SMH)
Price of Spacemesh (24h)$0.5764474088353404-7.66%Log In to Buy Spacemesh(SMH)Interested in buying Spacemesh (SMH) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Spacemesh (SMH) instantly wherever you are! Check out all the ways you can buy SMH on KuCoin.
Buy Spacemesh (SMH) on KuCoin in Four Simple Steps
Create Your Free KuCoin Account
Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.
Secure Your Account
Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid Photo ID.
Add a Payment Method
Add a credit/debit card or bank account after verifying your KuCoin account.
Buy Spacemesh (SMH)
Use a variety of payment options to buy Spacemesh on KuCoin. We'll show you how.
Choose How You Want to Buy Spacemesh on KuCoin
Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Spacemesh (SMH).
1
Buy Spacemesh (SMH) with crypto on the KuCoin Spot Market
With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Spacemesh (SMH). Here's how to buy:
1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers.
Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.
2. Transfer your crypto to a KuCoin Trading Account.
Find your desired Spacemesh (SMH) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Spacemesh (SMH).
Tip: KuCoin offers a variety of order types to buy Spacemesh (SMH) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.
3. As soon as your order is successfully executed, you will be able to see your available Spacemesh (SMH) in your Trading Account.
Video Tutorial
How to Buy Crypto on the Spot Market Web
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Get Your First Spacemesh (SMH) with KuCoin
Get Started NowHow to Store Spacemesh (SMH)
The best way to store Spacemesh (SMH) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Spacemesh (SMH).
Store Spacemesh in Your KuCoin Account
Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.
Hold Your Spacemesh in Non-Custodial Wallets
"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Spacemesh (SMH) to a non-custodial wallet. Storing Spacemesh (SMH) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Spacemesh (SMH) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Spacemesh (SMH).
What Can You Do with Spacemesh (SMH) on KuCoin?
Hold
Store your Spacemesh (SMH) in your KuCoin account.
Trade
Trade Spacemesh (SMH) in the spot and futures markets.
Earn
Earn passive income by staking or lending Spacemesh (SMH).
Why Is KuCoin the Best Platform to Buy Spacemesh (SMH)?
Safe and Trusted
Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.
High Liquidity
Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.
Home of Crypto Gems
KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Spacemesh and trade it against various digital assets on KuCoin.
Intuitive Interface
Buying Spacemesh (SMH) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain SMH in an instant when you buy on KuCoin.
FAQ
Is Spacemesh (SMH) a Good Investment?
These factors position Spacemesh as an attractive option for those looking to invest in a sustainable and inclusive blockchain platform:
- Eco-Friendly Consensus Mechanism: Spacemesh uses a proof-of-space-time (PoST) consensus, which is more energy-efficient than traditional proof-of-work systems. This makes it an environmentally friendly choice for investors concerned about the ecological impact of blockchain technologies.
- Accessibility: The PoST consensus allows anyone with basic computer hardware to participate in mining, making it more accessible than systems that require specialized equipment. This lowers the barrier to entry for users and diversifies the network.
- Decentralization: By allowing a broad range of participants, Spacemesh aims to achieve a high degree of decentralization, reducing the risk of control by a small number of entities and increasing network security.
- Robust Infrastructure: Spacemesh is designed to support decentralized applications (dApps) and smart contracts, offering a robust infrastructure for developers and businesses looking to build on its platform.
- Fair Distribution: The mining mechanism is designed to ensure a fair distribution of rewards, which can appeal to investors looking for a more equitable cryptocurrency investment.
What Is Spacemesh Price Prediction?
These factors create a complex interplay that determines the current and future SMH price prediction:
- Market Sentiment: How investors feel about Spacemesh can significantly affect the SMH to USD price. Positive news or successful network upgrades can boost confidence, while negative news can weaken the Spacemesh price.
- Technology and Network Updates: Developments that enhance Spacemesh’s functionality or improve its scalability and user experience can increase its attractiveness to investors and users, potentially driving up the SMH price.
- General Crypto Market Trends: The $SMH price can also be impacted by broader cryptocurrency market movements. When major cryptocurrencies like Bitcoin or Ethereum experience volatility, it can affect the entire market, including the SMH crypto price.
- Trading Volume: The amount of SMH traded on exchanges provides insights into its liquidity and interest from traders. Higher volumes often correlate with price stability or increases.
- Adoption and Usage: As more users adopt Spacemesh for transactions or as a platform for developing applications, this increased usage can lead to higher demand for SMH, which might increase the SMH token price.
How to Mine SMH on Spacemesh
To mine Spacemesh (SMH), you need to set up a smeshing node using either the Smapp application or the go-spacemesh software. Here’s a simplified guide on how to get started:
- Choose Your Software:
- Smapp: This desktop application is user-friendly and integrates a node, smeshing, and a wallet. It's suitable for typical home miners.
- go-spacemesh: This is a command-line interface (CLI) software intended for more advanced users who may run multiple nodes.
- Set Up the Software:
- For Smapp, download and install the application, then follow the prompts to set up your node and allocate disk space for smeshing.
- For go-spacemesh, more technical setup is required, including configuration via the command line.
- Allocate Disk Space: Smeshing requires allocating a portion of your hard disk space to store data. The minimum required is usually around 256 GB.
- Join the Network: Once your node is set up and your disk space is allocated, your node will join the Spacemesh network, and you can start mining SMH.
- Earn Rewards: Miners earn rewards through block subsidies, which are new coins minted by the protocol, and potentially transaction fees from blocks they help validate.
Remember, the smeshing process in Spacemesh is designed to be accessible, minimizing the need for sophisticated hardware and reducing entry barriers compared to traditional mining methods.
Spacemesh (SMH) Price Analysis
Live Price
The live price of SMH is 0.554 USD, representing an increase of 25.62% in the past 7 days and -7.66% decrease in the past 24 hours.Historical Trends
The all-time high of SMH was 5.86 USD on 03-12, 2024, from which the coin is now down -90.56%.The all-time low of SMH was 0.407 USD, from which the coin is now up 26.40%.
0.4077668923597083
$ 5.86