What is Pocket Network (POKT)?
Pocket Network is a data platform based on blockchain technology that caters to the needs of Web3 and decentralized applications (dApps). Its decentralized infrastructure serves as a connection between more than 40 supported blockchains and their respective dApp ecosystems. The platform was launched in July 2020 and has quickly established itself as a significant player in the blockchain field by tackling the centralization concerns in the RPC layer of the Web3 stack.
How Pocket Network (POKT) Works
The blockchain ecosystem has long been reliant on a limited number of centralized service providers for accessing decentralized networks, which is a critical paradox. Pocket Network has stepped in to offer a decentralized alternative that provides reliable, scalable, and private infrastructure to applications and projects of all sizes. The network has thousands of full nodes that service the data needs of over 50 different blockchains, ensuring developers have constant uptime, optimized quality of service, and maximum privacy, all while combating censorship.
Pocket Network's mechanics are both efficient and elegant. Service Nodes powered by the POKT token relay data between blockchains and applications, operating in a distributed manner that ensures load balancing and reduces the need for additional infrastructure to handle traffic surges. The network's unique 'Session' data structure facilitates an equitable distribution of work among Service Nodes, enhancing the network's resilience and efficiency.
The staking and inflation mechanisms of Pocket Network are designed to optimize resource allocation. By tying rewards directly to inflation and reducing the frequency of on-chain fee payments, the network ensures a sustainable and balanced economic model. This incentivizes node operators and lowers the barrier to entry, enabling professional infrastructure providers to participate and contribute to the network's growth.
How Many Pocket Network (POKT) Tokens Are in Circulation?
POKT has a total supply of 1,637,686,745. The current circulating supply of POKT is 1,521,517,215.
How to Buy Pocket Network (POKT)
Consider investing in Pocket Network (POKT)? It only takes 2 minutes to create an account on Bitget and start trading POKT.
Check out the available POKT trading pairs on Bitget!
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Pocket Network (POKT) Resources
Simple 3-step guide to buying POKT today in Azerbaijan
Create your free Bitget account
Select a funding method
Complete your Pocket Network purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Pocket Network using a payment method of your choice:
Buy Pocket 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 Pocket Network order.
How to buy crypto with credit/debit cardBuy Pocket Network with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Pocket Network is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Pocket 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 Pocket Network order.Buy Pocket 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 Pocket 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 Pocket Network in your Bitget spot wallet
Bitget—where the world trades Pocket Network
How to buy Pocket Network for free
- Learn how to earn Pocket Network for free through the Learn2Earn promotion
- Earn free Pocket Network by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Pocket 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 Pocket Network(POKT) 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.