How & where to buy Sentivate (SNTVT) online
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This guide introduces you to the Sentivate project. Find out about its history, the function of SNTVT, and discover the best crypto brokers and exchanges you can use.
What are the best exchanges to buy SNTVT on?Copy link to section
For those of you who want to know where to buy SNTVT crypto, check out the below options. They are some of the best brokers around and have been highly recommended by our team of analysts. For more on Sentivate and SNTVT, scroll down this page.
How to buy SNTVT online – a step-by-step guideCopy link to section
Step 1. Find an exchangeCopy link to section
If you are looking for the best place to buy Sentivate coin in the UK or elsewhere, check out the options at the top of the page or the two exchanges below; they both have low fees and offer an excellent service:
- Binance: Binance has become the go-to exchange for crypto users. The platform supports over 100 different cryptocurrencies, including SNTVT. Sign up for a Binance account now >
- Bitpanda: With features that both experienced and novice investors will appreciate, Bitpanda is an accessible crypto exchange that offers users access to many crypto coins, including SNTVT. Open a Bitpanda account today >
Step 2. Sign up and fund your accountCopy link to section
Setting up your exchange account is a simple process, but you will usually need to provide a copy of your photo ID as part of an identity verification check. Most exchanges now accept deposits in the form of fiat currencies like GBP and USD, but you can also fund your account with cryptos like Bitcoin.
Step 3. PurchaseCopy link to section
Now your account has been set up, simply find SNTVT on your chosen exchange and enter the quantity you would like to purchase based on your funds. If you are using GBP, find the SNTVT/GBP pair, whereas if you are using Bitcoin, find the SNTVT/BTC pair. If you are happy with the exchange rate, execute your trade and acquire your Sentivate tokens.
Step 4. (Optional) Get a suitable walletCopy link to section
If you’re going to be holding your SNTVT tokens to contribute to platform governance decisions and speculate on long-term price accretion, using a crypto wallet is an ideal security solution. Most exchanges will allow you to store your SNTVT tokens in your account, but if you want an added layer of protection, you can’t go wrong with a wallet. Below are two of the best wallets to store Sentivate tokens.
- Trezor: As the first-ever hardware wallet, Trezor is an excellent option when it comes to securing your SNTVT tokens, especially from online attacks. Get a Trezor wallet and store your Sentivate tokens today >
- Freewallet: As one of the top online crypto wallets, Freewallet has built up an excellent reputation as an innovative and reliable crypto wallet service. Open a Freewallet to store your SNTVT in now >
How to trade Sentivate – a step-by-step guideCopy link to section
Step 1. Find a brokerCopy link to section
Brokers are a service that allows users to trade effectively by opening and closing positions quickly to take advantage of short-term market fluctuations. Because SNTVT hasn’t established itself as a major cryptocurrency yet, not every broker supports the coin. The most likely brokers to support SNTVT are Plus500 and eToro because they are two of the largest exchanges and add new coins constantly. For more broker options, consult the table at the top of this page.
Step 2. Deposit moneyCopy link to section
Most online brokers accept funds in the form of fiat money; simply load up your account with regular capital and get started. However, make sure you check that your chosen broker allows direct trades with fiat currencies, and before you start trading SNTVT tokens, make sure you aren’t owed any additional sign-up bonuses.
Step 3. Decide how you’d like to tradeCopy link to section
Before you trade SNTVT tokens, settle on a strategy that you are comfortable with. This will usually involve using contracts for difference (CFDs) that will allow you to gain exposure to the price of SNTVT without owning any tokens outright. Any good trading strategy focusses on the technical side of things, so make sure you familiarise yourself with key technical indicators and methods of technical analysis. If you do this, you should be able to spot trends as they develop and make prudent trading decisions with SNTVT.
Step 4. Start tradingCopy link to section
Before you throw yourself into trading with SNTVT, consider using a demo account. This is an account filled with virtual funds that you can freely trade and experiment with to learn about the market and the different risks before putting real money on the line. It is an ideal option for trading novices.
When trading with SNTVT, you can either go long (wanting the coin to rise in value) or go short (wanting the coin to fall in value). Going long is the most well-known position, and going short is a little more complex. Read our short selling guide for more information.
You can also trade with something called leverage if you want maximum exposure to the price movements of SNTVT. You won’t own the additional SNTVT outright, though you will enter into a contract betting on the value of the tokens. This can quickly turn against you if you don’t know what you are doing, so we wouldn’t recommend it for beginners.
Still undecided?Copy link to section
If you still have question marks against your decision to invest in Sentivate tokens, here are some of the platform’s pros and cons to help you decide.
ProsCopy link to section
- The internet needs to be revolutionised, and Sentivate appears to be one of the few platform’s offering a solution
- The hybrid technology of Sentivate is unique
- The team is vastly experienced and didn’t need an ICO to raise money
- Immense investment potential if the team can achieve its goals
- First-mover advantage
If you desire more information before making a final investment decision, read on for 3 key questions about investing in Sentivate.
1. Is now a good time to buy SNTVT?Copy link to section
If you believe that Sentivate will accomplish its goal of revolutionising the internet, this means that SNTVT will rise in value enormously, so now could be a good time to invest if you are a long-term value investor while prices are low.
For short-term traders, now could also be a good time to trade SNTVT because Sentivate’s early stage of development could create significant price volatility, creating trading opportunities. If trading SNTVT is your focus, don’t get drawn into Sentivate’s company fundamentals and instead focus on technical factors in the market as a whole.
Regardless of what your strategy is, keep informed about Sentivate and SNTVT tokens with our latest analysis below:
2. What problem does Sentivate solve, and what are the coin’s investment prospects?Copy link to section
Sentivate solves the outdated protocols of the internet by enabling them to communicate with each other. Sufficient bandwidth is made available by Sentivate to allow a new and more populous internet to flourish. New technologies like self-driving vehicles would be much more at home if Sentivate is able to achieve its goals and transform the internet.
This is an incredibly ambitious project, but it is one that is clearly necessary. We doubt that Sentivate’s team, as talented as it is, will be able to pull this off alone. However, if it can find the right strategic partner, the price of SNTVT tokens could be set for a marked rise.
To keep informed about Sentivate, its investment prospects and the latest market performance of SNTVT tokens, click one of the links below to read the latest news.
3. Do you want to hold SNTVT for the long term?Copy link to section
You can hold SNTVT tokens for the long term, or you can opt to trade them over the short term. Both of these methods can be highly effective, but they need different kinds of considerations before being implemented, and these are outlined below.
Considerations for a long term investment strategy
If you want to become a fully-fledged member of the Sentivate network and want to have your voice heard in relation to key governance decisions, sign up to a reliable exchange and get some Sentivate coins. If you are a long-term investor and want to target future price increases, consider opening a crypto wallet to store your SNTVT more securely.
Considerations for a short term trading strategy
If short-term trading of SNTVT tokens is your main priority, choose a broker with low fees and start forming a trading strategy. Volatility will slowly become your best friend as you attempt to regularly seek out trading opportunities.
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >