Start investing in ICP (Internet Computer) through Huobi, one of the most popular Cryptocurrency exchanges.
ICP (Internet Computer)
InternetComputer is a first-layer protocol designed to develop a decentralized public network that enables smart contracts to run on a large scale, referred to as “Internet Computer”.
How to buy ICP (Internet Computer) on Huobi?
Follow the easy 4 steps below to buy ICP (Internet Computer) on Huobi.
- Register a Huobi Global account
Provide an email address, create a username, and choose a secure password. - Verify your account
After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation. - Deposit in fiat currency or cryptocurrency
To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies. - Start buying Bitcoin on Huobi
Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and ICP (Internet Computer) derivatives trading.
What is ICP (Internet Computer)?
Dfinity is a decentralized network design project. The team developed a set of computer network protocol Internet Computer Protocol (ICP), through the ICP protocol, developers use peer-to-peer network computing resources to establish a virtual blockchain computer network. On this network, existing software and smart contracts can be deployed, and have the characteristics of blockchain traceability, non-tampering and distributed.
For example, centralized network service providers have the problem of increasing concentration of power and the potential for evil. If the developer chooses to develop software and run the website on the Dfinity computer network, there is no need to worry about the possibility of blocking the API used and other malicious actions from the network service provider.
The native token of the Dfinity project is ICP (previously codenamed DFN). The project party has conducted three financings in the history. Seed round financing of US$4.3 million; the second round of financing at the beginning of 2018 was US$61 million, with a total of 32 million tokens; the third round of financing was conducted in August 2018, with a financing scale of approximately US$100 million and a total of 23 million tokens.
After the mainnet goes live, there are 469,213,710 tokens on the entire network, but most of the tokens of early investors will be locked for 0-4 years. Participants of the project can participate in the governance of the computer network by holding ICP. In addition, ICP tokens can be converted into cycles. The operation of computer network programs, storage and other functions need to consume cycles as fuel (cycles can be compared to the gas fee of the Ethereum network).
Comment by Hans
April 24, 2024
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