What is New Kind of Network (NKN)?
New Kind of Network is a public blockchain that provides incentives in the form of NKN tokens for users to share unused bandwidth and data, allowing higher network speed and reduced cost. It aims to be the decentralized foundation where Web3 apps are built and run with better efficiency.
The network was introduced in 2018 and its mainnet was launched in 2019. New Kind of Network's founders are Yanbo Li, Yilun Zhang, and Zheng Li. They are experts in blockchain technology, mobile data, and telecommunications, who spent years working for top companies like Nokia and Google before creating this blockchain network.
How New Kind of Network (NKN) Works
New Kind of Network operates on the basis of Proof of Relay, an improved version of Proof of Work. This consensus mechanism enables almost anyone to participate without a lot of initial investment or costly computer hardwares, and gives out rewards based on data relayed on the network.
How Many New Kind of Network (NKN) Tokens Are in Circulation?
NKN is the main native token of the New Kind of Network blockchain. It has 1 billion tokens in total, among which 700 million is in circulation.
How to Buy New Kind of Network (NKN)
Consider investing in New Kind of Network (NKN)? It only takes 2 minutes to create an account on Bitget and start trading NKN.
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New Kind of Network (NKN) Resources
Simple 3-step guide to buying NKN today in Azerbaijan
Create your free Bitget account
Select a funding method
Complete your New Kind of Network purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for New Kind of Network using a payment method of your choice:
Buy New Kind of Network with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your New Kind of Network order.
How to buy crypto with credit/debit cardBuy New Kind of Network with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into New Kind of Network is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your New Kind of Network order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your New Kind of Network order.Buy New Kind of Network with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your New Kind of Network order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor New Kind of Network in your Bitget spot wallet
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How to buy New Kind of Network for free
- Learn how to earn New Kind of Network for free through the Learn2Earn promotion
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- Receive free New Kind of Network airdrops by joining On-going challenges and promotions
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FAQ
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Azerbaijan is a transcontinental country that lies in both Europe and Asia. The country takes up 86,600 km2 in total area, the majority of which belongs to the eastern part and the smaller part of which is the landlocked exclave called the Nakhchivan Autonomous Republic. In total, there are 10,353,296 people living in the country. The official language is Azerbaijani and the official currency is Manat (AZN).
Most of Azerbaijan's landscapes are covered by mountain ranges, flatlands, and the shorelines of the Caspian Sea. Due to the landscapes and climate, the country is home to multiple flora and fauna species. Also, the culture has been influenced by many sources in the past but is relatively well-preserved in the face of globalization and Westernization. Therefore, the Azerbaijan culture is very distinct and interesting. If you decide to visit Azerbaijan, there is a lot to explore. Some top attractions include Bibi-Heybat Mosque, Baku Old City, Yanar Dag, Baku Boulevard, and Heydar Aliyev Center.
No matter where you are in the country, be it Baku, Ganja, Shamkhi, or Gebele, trading New Kind of Network(NKN) and other tokens can be done fast and securely with Bitget. P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services are some of the payment methods that you can use to buy cryptos on Bitget.