Status (SNT)

Status (SNT) is a cryptocurrency and an open source decentralized messaging platform. Founded in 2017 and based out of Zug, Switzerland, the company is headed by Carl Bennetts and Jarrad Hope. Status focuses on data privacy, scalability, and usability. It was designed to provide a secure layer of communication on top of the Ethereum blockchain. What Makes Status Unique: Status is a mobile platform, built on the Ethereum blockchain, which gives users full control over their security, privacy and data. Rather than relying on a trusted third-party, Status is a fully-decentralized system which allows users to maintain their own security. Additionally, Status uses a privacy protocol called Whisper, which allows users to send data anonymously to other users, without compromising their identity or security. Where Does Status Used? Status is a mobile platform that enables users to communicate with each other, as well as interact with decentralized applications (dApps) and protocols, in private, secure and transparent manner. It can be used for a variety of functions, such as sending and receiving payments and messages, making voice and video calls, and even running dApps. Where to Buy/Sell Status Cryptocurrency? Status can be purchased and sold on popular cryptocurrency exchanges such as Binance, Huobi, Ethfinex, and Kraken. It is also possible to purchase Status directly from Status’ website, through a process known as swap, which allows users to exchange Ethereum for Status. It is also possible to purchase Status with a cryptocurrency debit/credit card. In conclusion, Status is an open source decentralized messaging platform, which gives users full control over their security, privacy and data. It can be used for a variety of functions, such as sending and receiving payments and messages, making voice and video calls, and even running dApps. Additionally, Status can be purchased and sold on popular cryptocurrency exchanges, as well as directly from Status’ website, through a process known as swap.