What is SingularityNET (AGIX), How and Where to Buy It?

Esat Demirtaş 27 March 2023Last Updated: 16 April 2023

5 minutes read

What is SingularityNET (AGIX), How and Where to Buy It?

SingularityNET is a decentralized, distributed platform of artificial intelligence (AI) technologies, services and resources. This platform offers customized solutions for AI services and products. SingularityNET facilitates the purchase and transaction of these services using the AGIX Token. So, how and where can you buy AGIX Token?

First off, the SingularityNET Token is the cryptocurrency known as AGIX. To purchase AGIX, you must first create a suitable cryptocurrency wallet. This wallet should be ERC-20 compliant because AGIX Token is based on Ethereum. Popular wallets like MyEtherWallet and MetaMask can be used for this process.

Cryptocurrency exchanges where you can buy AGIX Token include major exchanges such as Binance, KuCoin, and Huobi. You can purchase AGIX from these exchanges by opening an account and completing the authentication process. To purchase AGIX, you must first trade with other cryptocurrencies (USDT, Bitcoin or Ethereum).

Contents

What is SingularityNET?

SingularityNET is a decentralized artificial intelligence (AI) marketplace. This platform acts as a bridge between AI developers and users, enabling faster and more secure trading of AI services and products. SingularityNET provides a scalable and compliant infrastructure for AI applications and services.

The platform aims to create a wider user base for AI services and products by democratizing the access and use of AI technologies. SingularityNET gives AI developers the chance to reach potential customers around the world, while businesses and individual users get easier access to AI services. In this way, it is aimed to use AI technologies by wider masses and to apply them in different sectors.

What is AGIX Token?

AGIX Token is the native cryptocurrency of the SingularityNET platform. AGIX is used for all transactions and payments made on the platform. It exchanges value between service providers and users in the purchase of AI services and products. AGIX Token is accepted as payment by customers who want to use the artificial intelligence services offered on the platform, while developers earn AGIX Token for providing their services.

The AGIX token plays an important role in the functioning of the SingularityNET ecosystem. Users and developers of the platform can securely and transparently pay for AI services and products using the AGIX Token. Thanks to this token, the SingularityNET platform contributes to the rapid development and diffusion of AI technologies with a decentralized structure, creating an effective AI market on a global scale.

How and Where to Buy AGIX Token?

AGIX Token is available on many centralized crypto exchanges and decentralized crypto exchange platforms. To get AGIX Tokens, you must first open an account on a cryptocurrency exchange. In summary, AGIX Token, which is frequently investigated with the questions of how to buy AGIX Token and where to buy AGIX Token, can be purchased from many crypto exchanges.

As an answer to the question of where to buy AGIX Token, you can follow the steps below to buy AGIX Tokens on Binance, one of the exchanges that lists AGIX Tokens:

Sign in to your Binance account. If you do not have a Binance account, click here to create your account with reduced commission.
Deposit money into your account in the amount of AGIX that you want to buy. If you are going to transfer money in crypto, you can choose TRON (TRX) because of the low transfer fee.
After depositing money in your account, come to the Spot Trading, Market buying and selling platform and convert your currency into USDT or BUSD crypto-asset currency.
Then, find the parity you want to buy from AGIX/USDT or AGIX/BUSD parities from the same place, and after determining the amount you want to buy, click the AGIX Buy button to complete the purchase.

If you need support on the detailed use of Binance Exchange, you can review our article titled Binance Exchange and Detailed User Guide.

If you want to buy AGIX Tokens on a different crypto exchange other than Binance Exchange, although we recommend the Binance Exchange, you can also choose the following exchanges:

AGIX Token can also be purchased via OTC platforms. These platforms may be a more suitable option for large transactions. With AGIX Token, it is possible to trade on OTC platforms, depending on the trading volume and price.

As a result, AGIX Token is the cryptocurrency of the SingularityNET platform and can be purchased through many cryptocurrency exchanges and OTC platforms. However, before investing, it is important to carefully research the market situation of AGIX Token and the future potential of the SingularityNET project.

Frequently Asked Questions about SingularityNET (AGIX)

In this section, we tried to answer the most frequently asked questions about SingularityNET and AGIX Token. You can also send all your questions as comments.

Is SingularityNET Reliable?

Since SingularityNET is a decentralized platform, it is more reliable in terms of security than traditional centralized systems. The platform aims to protect the data and transactions of its users and developers by adopting the principles of transparency, security and privacy. However, it is important to be cautious when investing as the cryptocurrency market is volatile.

How is The Value of AGIX Token Determined?

The value of the AGIX Token is determined by market conditions, the popularity of the SingularityNET platform, and the demand for AI services offered on the platform. The value of the token changes depending on the balance of supply and demand that emerges as a result of the buying and selling transactions carried out on the cryptocurrency exchanges.

Can Payments Be Made on SingularityNET with Other Cryptocurrencies Apart from AGIX Token?

SingularityNET uses the AGIX Token as the base cryptocurrency for transactions and payments made on the platform. Therefore, payments cannot be made directly with other cryptocurrencies on the platform at this time. However, users can use their other cryptocurrencies on the platform by converting them to AGIX tokens through external exchanges.

What Other Services Does SingularityNET Offer Apart from AI services?

Besides AI services and products, SingularityNET also provides training and support services for AI developers and users on the platform. These services help AI developers create more effective solutions and help users get the most out of AI technologies. In addition, SingularityNET provides collaboration and partnership opportunities for AI developers and companies, so that AI services and products on the platform are more widely disseminated and enhanced.

SingularityNET contributes to the continuous development of artificial intelligence technology by supporting AI research projects. In addition, the platform interacts with the AI community, constantly enabling the integration of new AI services and products.

What Are the Future Goals of the SingularityNET Platform?

SingularityNET aims to enable the global use and diffusion of AI technologies in the future. By facilitating and democratizing access to AI services, the platform promotes the integration of AI technologies across industries and sectors. In addition, SingularityNET aims to continuously support new AI solutions and innovations by adopting a decentralized structure in the development and distribution of AI services and products.

SingularityNET aims to make improvements in every aspect of human life by enabling AI technologies to be used more effectively and efficiently. In addition, the platform aims to contribute to the sustainable and ethical development and use of AI technology by promoting collaboration between AI developers and users.