How to Buy Crust Network Crypto (CRU)
What is Crust Network CRU?
According to Coingecko, Crust Network is : What is Crust Network? Crust Network provides a decentralized storage network and cloud solutions for both, the Web 3.0 as well as Web 2.0 ecosystem and is build on Polkadot’s Substrate framework. It provides an unique incentive layer for the IPFS protocol and utilizes blockchain technology to enhancesecurity, privacy, performance and ownership of data. How does the roadmap look like? The mainnet launched on the 1st of September 2021 and currently holds a storage capacity of around 2,300 PetaBytes provided by more than 7,000 individual nodes. Crust Network already integrated with many blockchains and provides a fully decentralized storage layer for Ethereum, BSC, Polygon, Solana, Near, Elrond, Heco and others. In the future Crust will implement its storage services for even more networks in order to provide its storage solutions for every ecosystem. Some of the biggest blockchain projects already use Crust Network to store their data or host their websites and dApps via Crust’s infrastructure. These for example are Uniswap, AAVE or Polkadot Apps. In future, Crust Network is thriving to provide even more services for the Web3 and Web2 landscape for projects and companies to utilize and to build on. Crust's architecture also has the capability of supporting a decentralized computing layer and building a decentralized cloud ecosystem. Crust Ecosystem and Use Cases: • Providing the technical infrastructure for the Metaverse • Mint, Store and exchange NFTs fully decentralized • Hosting of Websites, dApps, Video streaming and more • Web 3.0 Gaming and decentralized social media • Personal Cloud storage to access your data from anywhere • File sharing and streaming services What are the CRU token utilities? Crust ($CRU) is a utility token within the Crust ecosystem which serves many different utilities. The most important utilities and functionalities of the CRU token are listed below: • Staking to maintain GPoS consensus • Collateral for storage providers to provide storage services • Used to cover transaction fees • Purchase storage or other cloud services • On-Chain governance mechanism Can I try Crust Networks storage solution? Yes, you can enjoy the benefits of our networks in many ways. For example you can upload files to a fully decentralized Web 3.0 cloud solution on crustfiles.io where you can keep your data safe and always accessible. Just sign in with your Crypto wallet and enjoy storing your files in the easiest and most secure way possible. For NFT lovers, artists and collectors we also offer a decentralized NFT market platform where users can mint, store, trade and display their NFTs on a 100% decentralized infrastructure. Feel free to try out our NFT dedicated application on switchswap.io How does Crust network compare to traditional cloud services? Compared to traditional and centralized storage providers like AWS, Google, Azure or Alibaba Cloud, Crust Network offers many advantages due to its decentralized infrastructure: Availability: Crust eliminates the “Single-Point-of-Failure” dilemma and the risk of downtime by on average creating 80 replicas distributed over individual nodes in the network. This maintains a high level of redundancy to keep your data always available and accessible. Security: High resistance against DNS hijack attempts or DDOS attacks. Additionally all data is encrypted by the IPFS protocol as well as Crust’s TEE mechanism. Not even node operators or any other centralized organisation can access or tamper user data. Performance: Due to many replicas on many nodes all over the world you can retrieve your files without any server-side bottlenecks. Data can be sourced and processed from many nodes at the same time to realize many benefits in regards of performance. Costs: Cloud storage costs on Crust Network are only 25-50 % of the costs compared to traditional Web 2.0 products on a centralized infrastructure. (Compared to AWS S3 Cloud Server) Can I start mining Crust? Crust network is a public and totally permission-less network that everybody can join at any time. Thanks to our MPoW (Meaningful Proof of Work) mechanism there is no need for expensive and energy consuming GPUs or high-end CPUs. All you need is a reliable internet connection, a CPU with TEE functionality and some free storage. For more information please refer to: https://wiki.crust.network/docs/en/nodeOverview
Where can I buy CRU Crypto?
You can buy Crust Network on Uniswap.
Why should you buy Crust Network?
Crust Network is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.
How to Buy Crust Network Crypto?
Step 1 - Setting up a Metamask Wallet
Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.
You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.
Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.
Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.
Step 2 - Buy Ethereum on Simpleswap
Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.
Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:
Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.
You can now choose between Google Pay or card to complete the payment:
Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.
Step 3 - Buy Crust Network on Uniswap with ETH
Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.
Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive Crust Network. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Crust Network (CRU).
You can check the price and confirm the correct token address of Crust Network on Coingecko.
Let's buy some Crust Network!
Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.
Select a token and paste the Token contract address: 0x32a7c02e79c4ea1008dd6564b35f131428673c41
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for CRU. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your CRU should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of Crust Network!
In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:
Step 4 - Store Crust Network on Ledger
Check out our guide on how you can store Crust Network on Ledger's Hardware Wallet
Check out Crust Network links:
Please make sure you read our Disclaimer. We are not financial advisors.