How to Buy Quant (QNT) in 3 Simple Steps
Quant is a platform that gives users access to a multitude of different blockchains, decentralised apps (dApps), and cryptoassets all in one place.
In this guide, we’ll show you how and where to buy QNT, the native token of Quant, as well as unpacking the capabilities and use cases of the project.
3 Steps to Buy Quant
1. Choose a broker or exchange
An ideal broker or exchange will be secure, easy to use, and fully regulated. We’ve shortlisted the best platforms with the lowest fees for you further down the page.
2. Create and fund your account
Next, sign up for an account with your chosen platform. You’ll need to upload your photo ID and a proof of address to verify your account. Once verified, make a deposit using your payment method of choice.
3. Buy QNT
Head to the “Buy” section and search for QNT. Enter the amount you’d like to purchase, and confirm the trade.
Buy Quant in just a few minutes
Create a free account
Fund your account
Start trading Quant
Why trade Quant with a broker?
Fast and simple
Trades are instant and easy to execute
Pay your way
Brokers accept a range of payment options including credit/debit cards and even PayPal
No wallet needed
No need to set up and maintain a wallet—you can manage your crypto directly from your account
Where to Buy Quant: Compare the Top Platforms
When selecting a platform to buy Quant, you should consider factors like security, ease of use, and ease of use. The ideal platform will strike a balance between all of these.
We’ve shortlisted a few of the best platforms below to help you get started.
What Is Quant?
Quant is a blockchain interoperability platform that helps users connect to multiple chains at once. The network is explicitly oriented towards enterprise clients, and helps businesses connect to the blockchain.
Adapting to the rising tide of blockchain is seen as a top priority for many in the finance sector, with stablecoins, smart contracts, and decentralised finance (DeFi) becoming increasingly important parts of the financial landscape. Quant aims to make this adaptation process simple by bridging the gap between the “real world” and the blockchain.
Quant achieves this using Overledger, its “blockchain operating system”. IT networks can plug into Overledger, and by doing so gain access to various blockchains including Bitcoin, Ethereum, Ripple, and more. This way, businesses benefit from the whole gamut of blockchain innovations without having to build a separate system for each chain.
Ways to Invest in Quant
You can choose from a range of investment strategies when buying Quant. Which one is best for you will depend on your goals, time horizon, and risk tolerance.
Buy and hold Quant
Buying and holding QNT is exactly what it sounds like: investors purchase QNT and hold onto it for the long run in the expectation of price appreciation. This requires no trading skills whatsoever, and is the simplest way to invest in Quant.
If you believe in Quant’s long-term potential, this is probably the right strategy for you.
Best Quant wallets
If you decide to buy and hold QNT, you’ll probably want to set up a wallet. Crypto wallets are a safe way to store your crypto, and give you full control over your tokens.
Hardware wallets like Trezor, BitBox, and Ledger can be expensive, but offer you the best possible security over your coins. If you’re on a budget, software wallets like MetaMask and Trust Wallet are free, and offer easy-to-use mobile apps.
Trading Quant refers to the process of buying and selling QNT over short periods of time in order to generate profits. Traders follow the general rule of ‘buy low, sell high’.
Trading requires time, skill, and effort, but can produce profits more quickly than buying and holding. Traders will probably prefer to use the free, web-based wallets offered by trading platforms, as these are more convenient for frequent transfers.
Should I Buy Quant Now?
You must ultimately decide this for yourself, but there are a few things you should consider when making your decision.
To use the Quant platform, clients must purchase a number of QNT tokens and then lock them up for 12 months. This simultaneously creates demand for QNT, and limits the sellable supply, which should force up the price according to the laws of economics.
Interoperability platforms such as Quant are likely to play a part in future of blockchain. At present, there are multiple chains competing for primacy, and this creates the need for solutions that can unite these fragmented pieces of digital infrastructure. Quant is poised to succeed in this regard, and as such could very well see widespread adoption in the future.
Quant is not without competition here, though. Other blockchains such as Polkadot and Cosmos aim to solve a similar set of problems, and so the success of QNT will inescapably be dependent on the development of these other systems.
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Frequently Asked Questions
The founder and CEO of Quant is Gilbert Verdian, a technologist with decades of experience in various fields including security, healthcare, and finance.
Quant is built on Ethereum, but is compatible with multiple other blockchains as well.
Interoperability refers to the ability of separate, incongruous systems to work together.
QNT is required to build on the Quant network, and also to power applications built on Quant.
Quant, Polkadot, and other interoperability projects such as Cosmos all solve similar problems, but work in different ways. Which project ‘wins’ is anyone’s guess, and will depend on how the blockchain sector develops.