Band Protocol incentivizes users to provide real-world data to decentralized applications called dApps, which run on the blockchain. Band previously existed only as an ARC-20 token on the Ethereum blockchain, but now it also runs its own blockchain, the newer coin is referred to as the mainnet BAND coin. Both coins can still be traded and stored in compatible wallets.
Whether you are new to the world of crypto investing or interested in adding BAND to your current portfolio, you need a wallet you can trust. Zengo is an all-in-one BAND wallet that offers security and features that appeal to novices and veterans alike.
With Zengo, you can trade, buy, send or receive ERC-20 BAND and other supported currencies. Zengo breaks the complexities of crypto trading down into a simple and intuitive user interface so that you can transact with a few swipes. The Zengo team offers 24/7 support directly in-app if you need any assistance.
Your BAND wallet is your key to transacting. You need a secure BAND wallet to buy, send or receive crypto coins for your portfolio. Zengo is a simple but highly secure crypto wallet that offers numerous features to help you purchase, trade, or analyze crypto investments.
With Zengo, you can purchase crypto through several trustworthy and convenient payment methods, send or receive BAND and other tokens, or study historical charts in the app for smart transacting on the go.
There are several things you can do with your Zengo Wallet:
You can view your portfolio in the Zengo app at any time. This allows you to trade at any time, taking advantage of shifts in the marketplace on the go. Buy, trade, or hold coins from the app to maximize your investments wherever you are.
You can use Zengo to send and receive BAND tokens with just a few taps on your home screen. Zengo generates a wallet address as soon as the app is successfully installed. It’s fast, on-the-go trading directly from your mobile device.
You can buy BAND on Zengo with just a few swipes. It’s simple and intuitive, even if you’ve never invested in cryptocurrencies before. Just swipe the token, follow the prompts, and purchase BAND coins using your preferred payment method!
You can buy BAND with Fiat currencies through Zengo’s trusted Fiat to BAND gateway. Use US dollars, pound sterling, or Euros to purchase BAND and other supported currencies with Zengo.
Zengo offers several payment methods for purchasing BAND and other tokens, including mobile payment apps, SEPA, Mastercard, Visa, or bank transfers (EU and UK only, with minimum amounts applicable).
The process of holding your BandToken (BAND) is called HODLing. You can keep your coins safe through your Zengo band wallet until you are ready to trade again. Rest assured that Zengo offers full access to your coins at all times.
Zengo supports many crypto coins that are popular with investors, including Shiba Inu, DOGE, Ethereum, Bitcoin, and more. You can diversify your portfolio with fast, convenient trades.
Zengo has a savings service that allows clients to earn interest on certain crypto coins. This only applies to specific crypto coins, but new coins are added every day.
BAND is an interesting and potentially highly lucrative token to invest in. Here are a few interesting facts about BAND.
BAND is a cryptocurrency and cross-chain data oracle platform. It aggregates and connects APIs and real-world user data to smart contracts. Its native token is called BAND.
BAND was created to incentivize users to provide their data to decentralized applications (dApps) running on blockchains. This enables any platform that incorporates real-world data to run more efficiently.
BAND exists to enable cross-chain communication between traditionally siloed individual blockchain protocols. BAND can send data to other blockchains and functions as a communication layer between blockchain networks.
The founders introduced BAND in 2019, raising $3 million in seed funding from several venture capital firms, including the legendary investment firm Sequoia Capital. The company raised another $5.85 million in an initial exchange offering later that same year.
BAND was launched with 100 million BAND; 12.37% were sold during its initial coin offering. More than 27% has been sold as of 2021 to early investors. 25% was reserved for the ecosystem, and another 22% was set aside for the development team.
BAND is unique because it has two iterations: an Ethereum-based ERC-20 token and a newer Band Protocol mainnet form. The two can be exchanged at a 1:1 ratio, but only the newer coin can be staked. Zengo can currently be used to purchase and trade only ERC-20 bandtokens.
BAND can be mined. Before deciding to mine BAND, it’s important to research its profitability. In many cases, it is more affordable to buy or trade BAND than set up a mining rig by yourself.
Since 2019, when it was launched, the token has been sold in three rounds. These are private, seed, and public. In total, the BAND supply is capped at 100 million, with about 42,000,000 tokens currently in circulation. Keep in mind, though, that 20% of the total BAND supply is reserved for advisors and team members, while about 25% is allocated to operating costs.
Zengo has everything a crypto investor needs, whether you are entirely new to investing or a seasoned veteran. Zengo was designed to simplify trading and transacting in cryptocurrencies, with numerous features to make the process of buying, trading, receiving, and sending coins as easy as possible. Our customer service team is available to assist 24/7 if you ever get stuck.
Zengo lets you trade a variety of coins on the go. Buy, send, receive, or trade coins like BAND wherever you are, with no hefty transaction fees, penalties, or minimum or maximum applicable amounts.
Zengo uses threshold key signatures (TSS), 3-factor authentication, and facial recognition as a powerful three-pronged defense against hackers and other threats. With Zengo, a hacker would not be able to access your wallet, even if they have your device in hand!
You have complete freedom and control over your crypto using the Zengo app. You can hold, send, receive or trade BAND and other tokens at any time with a few taps on your mobile phone.
With Zengo, you are guaranteed access to your wallet, even if your device is lost. Our customer service team is available 24 hours a day to help you restore access whenever you need it.
Zengo doesn’t leave its customers in the hands of bots. Our support team is available, live and in the app, to answer queries and offer advice 24/7.
Do you still have some questions about BandToken? Here are some FAQs to fill in the gaps.
Zengo is the easiest way to get started with crypto investing. Just download the app, verify your account and start trading. Just swipe the BAND asset on the home screen, choose your preferred payment method and buy!
Once you buy BAND, the tokens are kept in your Zengo wallet until you are ready to take action. Zengo guarantees access to your coins at all times.
Unlike a physical wallet, your BAND wallet doesn’t store coins. It acts as proof of ownership which you’ll need to access your coins on the blockchain. But Zengo does a lot more. It’s a one-stop shop for all your investing needs. Buy, swap, sell, send or receive BAND on the go!
You can set your BAND wallet up in a few simple steps.
Your wallet is set up and ready to go!
You receive a wallet address when you download the Zengo app. You can use this address to buy and receive BAND and other coins. You can view your address by tapping on any asset on your home screen. Then swipe right. The app will display a QR code and numbers. This is your wallet address.
You can send BAND to another wallet or exchange by tapping on the BAND asset on the home screen. Just swipe left to enter the destination address and the amount you’d like to send. Hit send, and coins will arrive in minutes.
Your wallet and account are set up as soon as you complete the app installation process, including verifying your email. The Zengo team is available 24/7 if you need assistance.
You can send BAND to a different wallet address by tapping the asset on your home screen. First, swipe right. Then enter the wallet address and amount you’d like to send to the recipient. Hit send, and they will receive their coins within minutes.
If you are the lucky recipient of BAND tokens, all you need to do is provide the sender with your wallet address. This can be viewed by tapping and swiping any asset on the home screen. Once your coins have been sent, you’ll receive a notification letting you know your coins have arrived.