Blog_2Blog_2Blog_2Blog_2
  • MARKET BUZZ
    • Daily Crypto News
    • Weekly Wrap Up
  • TOPICS
    • Crypto Basics
    • Defi
    • Metaverse
    • NFT
    • Blockchain
  • CRYPTO VERSE
    • Investing
    • Cryptocurrency
    • Price Predictions
    • Crypto Technical Analysis
    • Crypto Ama
    • Investment Research
  • PRODUCT
    • Tutorials
    • Product Features
    • Security Compliance
  • COINDCX
    • Announcement
    • Community
    • Crypto Competition
    • Listings
    • Opinion
    • Stories
Visit CoinDCX
✕
            No results See all results

            What is Threshold (T)? How To Buy Threshold Token In India?

            February 10, 2023
            What is Threshold (T)? How To But Threshold Token In India?

            Table of Contents

            • What is Threshold (T)?
            • WHO ARE THE FOUNDERS OF THRESHOLD (T)?
            • HOW DOES THRESHOLD (T) WORK?
            • WHAT MAKES THRESHOLD (T) UNIQUE USE CASES?
            • THRESHOLD (T) PRICE ANALYSIS
            • HOW TO BUY Threshold (T) TOKEN IN INDIA?

            What is Threshold (T)?

            Threshold is a network that maintains a suite of cryptographic primitives that are required by dApps for making their security robust. The platform was a result of the merge between NyCypher and the Keep network.Threshold offers a truly decentralized bridge between Bitcoin and Ethereum. Users can move their BTC by using the tBridge – Threshold’s flagship dApp. Users can also swap their Nu and Keep tokens with Threshold’s native token ‘T’. 

            The native token of Threshold also allows users to exercise their governance rights. In order to do that, a user needs to convert or swap their Nu or Keep token to ‘T’. 

            Besides making DeFi truly accessible for BTC and ETH crypto holders, Threshold also offers a range of active dApps for both Nu and Keep token holders. 

            Launch Date January 1, 2022
            Founder  David Nuñez
            Blockchain Protocol Ethereum Blockchain
            Native Token  T
            Market Cap ₹26,503,158,996
            Token Type Utility and Governance
            Circulating Supply 8,494,846,506 T
            Max Supply  10,000,000,000
            Consensus Method  Proof of Stake

            WHO ARE THE FOUNDERS OF THRESHOLD (T)?

            Threshold was developed and launched as a result of NuCypher and the Keep network. The platform is developed and managed by both the teams. The CTO of Threshold is David Nuñez.

            In addition to this, the platform is governed by the token holders who are a part of the ThresholdDAO. 

            HOW DOES THRESHOLD (T) WORK?

            Threshold uses a special native cryptographic method called Threshold system that keeps users’ funds safe. The system generates a public key and a private key for the user to access funds. Keep token holders can move their tokens to Threshold and receive T-ETH for adding liquidity. Users who hold Nu or Keep tokens can choose to opt for Legacy token holder upgrade which basically allows the token holders to convert their tokens to T. 

            WHAT MAKES THRESHOLD (T) UNIQUE USE CASES?

            tBTC bridge: Users can move their BTC holdings through the tBTC bridge to Ethereum. This opens up a range of opportunities in DeFi. To move BTC from Bitcoin native wallets a minimum of 0.01 BTC is required. Users can move their BTC from Threshold only after a tenure of 3 – 6 months.

            ThresholdDAO: ThresholdDAO consists of three important groups: Token Holder DAO, Staker DAO, and the Elected Council. These bodies have similar functions. Each of them have functions that are co-related. 

            DeFi on Threshold: Users can move their Nu and Keep tokens to Threshold. Further, users can swap these tokens for T or can stake their tokens using Threshold staking contract. Users can even stake tBTC to receive monthly T rewards. 

            THRESHOLD (T) PRICE ANALYSIS

            Source: Tradingview

            The buying price of Threshold (T) at the time of writing was  ₹3.11. The 24 hour low was at  ₹ 3 and the 24 hour high was  ₹3.77.  The Relative Strength Index of T is 48.51 indicating a hallway for a potential chance of appreciation of T. The 200 day Simple Moving Average of the token is ₹ 2. The volatility percentage of Threshold (T) stood at 35.93%..

            Threshold (T)  Price Today ₹ 3.11
            Price Change <Yearly> NA
            Market Dominance 0.03%
            Market Rank (as per CMC) 112
            Market Cap ₹26,414,324,334
            Fully Diluted Market Cap ₹26,414,324,334
            ATH ₹18.50
            ATL ₹1.21

            HOW TO BUY Threshold (T) TOKEN IN INDIA?

            If you are looking to buy Threshold (T) token in India, CoinDCX can be the best-suited place. Being India’s leading crypto exchange, CoinDCX is also one of the best Bitcoin and crypto apps for beginners. To begin with, all you have to do is,

            • Download the CoinDCX App on your smartphone
            • Enter the details required for registration 
            • Complete KYC 
            • Once your profile is verified, fund your CoinDCX wallet and buy Threshold (T)

            Read more: Latest Crypto News

            Share
            0
            CoinDCX
            CoinDCX

            Related posts

            March 24, 2023

            What is Arbitrum Token? How To Buy ARB Token In India?


            Read more
            March 23, 2023

            What is Badger DAO Token? How To Buy BADGER Token In India?


            Read more
            What is Illuvium Token? How To Buy ILV Token In India?
            March 22, 2023

            What is Illuvium Token? How To Buy ILV Token In India?


            Read more

            Recent Posts

            • 0
              Crypto Market turns bullish as the US Bank turmoil intensifies, Surge in Bitcoin & Ethereum Prices
              March 24, 2023
            • 0
              Badger DAO Price Prediction 2023: Will BADGER Price Hit $10 in 2023?
              March 24, 2023
            • 0
              What is Arbitrum Token? How To Buy ARB Token In India?
              March 24, 2023
            • 0
              Why did Litecoin Price surged over 12% in the past week?
              March 23, 2023
            • 0
              Arbitrum launches DAO, offering ARB airdrop to early adopters
              March 23, 2023

            Categories


            • BTC to INR


            • ETH to INR


            • USDT to INR


            • USDC to INR


            • BNB to INR


            • BUSD to INR


            • XRP to INR


            • ADA to INR


            • SOL to INR


            • DOGE to INR


            • SHIB to INR


            • MATIC to INR


            • TRX to INR

            Invest in Bitcoin, Ethereum, & other 200+ crypto assets.
            Download the app now, register & start with as low as Rs.100
            ios download link
            android download link
            qr code for download

            COMPANY

            Security
            Blog
            About
            Careers
            Referral Program

            PRODUCT

            Margin
            Trade
            Futures
            Insta
            Convert
            Lend
            Markets
            API Documentation

            SUPPORT

            Contact Support
            Frequently Asked Questions (FAQ)
            Contact Us

            • Customer Support: [email protected]
            • Team: [email protected]
            • Press: [email protected]

            SOCIAL LINKS

            Icon of FacebookFacebook
            Icon of FacebookTwitter
            Icon of InstagramInstagram
            Icon of TelegramTelegram
            Icon of LinkedInLinkedIn
            Icon of RedditReddit

            Logo of CoinDcx Download our Android/iOS App: CoinDCX Ⓒ All rights reserved by Primestack Pte. Ltd.

            DISCLAIMER

            The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations. Note Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

              Visit CoinDCX
                        No results See all results
                          Go to mobile version