Polyswarm (NCT) is a decentralized threat detection marketplace where security experts compete to identify threats. As the need for digital security becomes increasingly urgent, more investors may be interested in exploring how to buy NCT. In this guide, we’ll walk you through the steps to buy Polyswarm (NCT) safely and efficiently, whether you’re a first-time buyer or a seasoned crypto enthusiast looking to diversify your portfolio. Here’s what you need to know in 2025.
KEY TAKEAWAYS ➤ Polyswarm (NCT) powers a decentralized cybersecurity marketplace that rewards accurate threat detection. ➤ You can buy NCT using major exchanges like Coinbase by completing a few simple verification steps. ➤ The platform’s unique use of microengines and staking incentivizes early and precise malware identification.
To buy Polyswarm (NCT), in short you must:
1. Select and sign up for an exchange. 2. Add a payment method. 3. Buy Polyswarm (NCT).
Now let’s look at each step in a little more detail.
Before you buy NCT, you will need the following:
You will also need an exchange that supports the Polyswarm (NCT) token. For this guide, we will use Coinbase; however, you can use any exchange you like, as most exchanges have similar processes.
1. Go to the website: You can complete this step on your PC or mobile phone — we will use a PC. Navigate to the exchange’s website (in this case, Coinbase). Press Sign up in the top right corner to begin the registration process.
2. Select your account type: You can choose an individual or Business account on the following page (some smaller exchanges may not have this step). Select Get started to continue.
3. Create an account: Enter your email address and press Continue. You can also sign up with Google to create an account. Verify your email address and phone number to move on.
4. Enter your information: Provide your legal first and last name, email, and create a strong password. Read and sign the User Agreement and Privacy Policy, then press Create free account.
5. Complete KYC: Verify your identity by completing the know-your-customer (KYC) process. After this, you will have an official Coinbase account.
Coinbase has been a target of social engineering attacks aimed at tricking users into giving up sensitive information, although its wallets and account infrastructure have not been compromised. If you choose to use Coinbase make sure to access it only through official links, and never share your password, 2FA code, or grant remote access to anyone claiming to represent the platform. Stay cautious and protect your assets.
1. Download the app: Go to your mobile store and download the app.
2. Open the app: After you download the app, open it and take a minute to look around. Press the hamburger menu in the top left corner.
3. Select your account settings: Once you open the menu, select your Account & settings.
4. Add your payment method: You can add a bank account or debit card. If you decide to use a debit card, you will need to provide the information for that card. If you add a bank account, you will need your bank account’s username and password, as it uses Plaid (this will apply to many exchanges).
Coinbase also accepts payments via third-party payment processors like PayPal. Other exchanges may accept Apple Pay, Google Pay, and other payment providers.
1. Open the app: Go to the home screen of your applications. Look for the magnifying glass at the top of the screen to search for Polyswarm.
2. Search for Polyswarm: Look for Polyswarm (NCT) in the search bar.
3. Select the buy button. On the following page, you will see the token, price, chart, and description. Scroll to the bottom of the screen and select Buy & Sell.
4. Select the amount: Select a payment method and amount. You can also set up a recurring buy order at this step.
5. Confirm your order: Review the details of your order. Once you verify that the information is correct, press Buy now to submit your order to buy NCT crypto.
PolySwarm (NCT) is a decentralized cybersecurity platform that uses blockchain technology to create a marketplace for crowdsourced threat detection. It rewards and incentivizes accurate malware detection and threat intelligence with the NCT token.
Cyber threats are evolving—so are we. With PolySwarm’s decentralized marketplace, we’re revolutionizing threat detection by connecting enterprises with the world’s best security experts. The future of cybersecurity is here. 🚀 $NCThttps://t.co/tBBTfBggJp pic.twitter.com/WYADiFVyhP
— PolySwarm 🇺🇸 (@PolySwarm) January 10, 2025
Experts and cybersecurity vendors compete on the Polyswarm platform to detect threats in files, URLs, and other digital artifacts, while businesses typically participate as consumers of threat intelligence. Polyswarm’s model is centered around a marketplace for malware detection. It consists of two components: engines and microengines.
Microengines are threat detection modules that work together on the PolySwarm platform. A group of security experts makes and keeps them up to date. They are meant to protect against certain types of threats, such as:
On the other hand, engines are essentially collections of microengines, grouped under a single entity or vendor.
NCT is an ERC-20 token on the Ethereum blockchain that is used to reward security experts for finding threats accurately. When experts give their findings, they must stake NCT tokens. If their assessments are correct, they get rewards; when they are wrong, they lose their staked tokens.
The platform uses PolyScore, a proprietary scoring system, to create a threat score for every artifact by combining and weighting the results of multiple engines according to their past accuracy and other criteria.
Compared to traditional, centralized solutions, PolySwarm aims to provide earlier and more accurate detection of rare and emerging threats by combining the knowledge of a global network of specialists.
As digital threats mature, so does the technology built to defend against them. Polyswarm (NCT) offers a unique, decentralized approach to cybersecurity. Buying NCT is not only an entry point into this innovative threat detection ecosystem but also a potential investment in the future of cybersecurity.
Whether you’re new to crypto or looking to expand your portfolio, purchasing NCT is a straightforward process. Just remember to follow best practices for account security, especially in light of social engineering campaigns targeting major exchanges. With the right precautions, you can safely explore and support a token that’s helping redefine how the internet fights malware.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Always do your own research (DYOR).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.