Waltonchain is a blockchain platform that combines radio-frequency identification (RFID) technology with blockchain technology to create a system for tracking and managing supply chain information. The platform is named after Charlie Walton, the inventor of RFID technology. The goal of the platform is to create a decentralized and tamper-proof system for managing supply chain data, including information about the origin, movement, and ownership of goods. The platform uses a unique consensus mechanism called the "Proof of Stake and Trust" (PoST) to validate transactions on the network.
Waltonchain Coin (WTC) is the native cryptocurrency of the Waltonchain platform. It is used to facilitate transactions on the network and can also be used to pay for various services provided by the platform. WTC can be traded on various cryptocurrency exchanges, and its price can fluctuate based on supply and demand. The value of the coin is closely tied to the success and adoption of the Waltonchain platform, so its price can be affected by any developments or news related to the platform.
The main purpose of WTC is to facilitate transactions on the Waltonchain platform. It is used as a means of payment for various services provided by the platform such as creating and executing smart contracts, creating sub-chains, and registering assets on the network. Additionally, the holders of WTC can also participate in the governance of the platform by voting on proposals and decisions that affect the network. In this way, WTC serves as a utility token and it is also an important part of the ecosystem that allows the platform to function.
Waltonchain (WTC) can be purchased on a variety of cryptocurrency exchanges. Some popular exchanges that list WTC include Binance, Huobi, and OKEx.
Before buying, you need to create an account on the exchange of your choice, verify your identity, and set up a method of payment such as a bank transfer or credit card.
Once your account is set up and funded, you can search for the WTC/BTC or WTC/ETH trading pair, and then place an order to buy the desired amount of WTC.
It's also important to keep in mind that the price of WTC can fluctuate rapidly, so it's important to keep an eye on the market and make sure you're getting a fair price.
It's also important to keep your assets safe. After buying always store your assets in a secure and safe wallet.
Please also consult with a financial advisor before making any investment decisions.