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!
Spot market
Pocket Network (POKT) Resources
Buy Pocket Network in Saudi Arabia with Bitget
Simple 3-step guide to buying POKT today in Saudi Arabia
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 Advcash, SEPA, Faster Payments, or PIX payment gateways 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
Buy Pocket Network
Buy other cryptos
Buy Pocket Network in a different country
The desert kingdom that is Saudi Arabia has known during the last two millennia two epochs of light, two golden ages. Saudi Arabia is the leading oil-producing country in the world. The country is also known for its hot and desert climate. English is widely used, while other languages spoken in the kingdom are Indonesian, Somali, Tagalog, Urdu, and Western Persian. The local currency is Saudi Riyal (SAR).
The surface of the Saudi territory is mainly occupied by deserts. However, the country shows very different faces. In the south, the Sarawat mountains are green. In the center, the Nadj is a steep region. The West and the North are covered with lava that creates huge sandy areas. The country is bathed by the Red Sea on its western part and the Persian Gulf on the east. Saudi Arabia covers more than 45% of the Arabian Peninsula. Some rivers cross the country. However, in the dry season, they are completely dried up.
Saudi Arabia's economy is mainly based on oil. It is, to this day, the leading producer of black gold, with more than a quarter of the world's total production locked up in its subsoil. Tourism is also an actor that plays an increasingly important role. In addition to pilgrimages, the country welcomes more and more travelers and can thus diversify its economy.
Whether you're in Medina, Mecca, Jeddah, Riyadh, or anywhere in Saudi Arabia, you can buy cryptos easily on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.