Everything you need to know about $NOS

Current price: $ fetching data...

Contract Address: nosXBVoaCTtYdLvKY6Csb4AC8JCdQKKAaWYtx2ZMoo7

Ticker: $NOS

Blockchain Network: Solana

Apr 11, 2024

What is $NOS?

$NOS is a native utility token used for purchasing GPU power, staking to earn rewards and validate, and governance on the Nosana Network, a Blockchain-based open-source cloud computing marketplace dedicated to AI Inference.

The Nosana platform has two main goals: providing AI users with flexible GPU access and allowing GPU owners to earn passive income by renting out their hardware, all powered by the $NOS token. The token is built on the Solana blockchain, which is known for its high-speed transactions and low fees.

$NOS has a maximum supply of 100 million tokens, with approximately 48.2 million currently in circulation. The token has seen significant price volatility since its launch, reaching an all-time high of $7.97 in March 2024 before experiencing a sharp decline. Despite this volatility, the token has shown resilience and potential for growth, driven by the increasing demand for AI computing power and the unique value proposition of the Nosana Network.

This chart visualizes the current price of $NOS to the US dollar.

Here's a step by step guide on how you can buy $NOS.

Option 1: Download Tori Wallet.

Tori is the simplest self custodial mobile wallet that allows you to access crypto opportunities. Instead of buying crypto on a centralized crypto exchange (like Kraken, Coinbase, or Crypto.com), setting up a self custody wallet (like Phantom, Metamask, or Coinbase Wallet), and the 5+ other steps with accessing the world of crypto, Tori simplifies the entire experience into one simple app.

Step 1: Setup Your Account

With Tori, you'll have to do the following:

  1. Create your account with passkeys.

  2. Upload your ID to authenticate your account.

  3. Connect your bank account.

Tori Wallet is currently available on IOS and Google Play Store, but only limited to U.S residents at the moment.

Step 2: Deposit money into your trading wallet.

Once you've connected your bank account, you're able to deposit up to $50,000 USD with no fees.

It takes approximately 1-3 days for your money to settle. From there you can start accessing the world of crypto!

Step 3: Select $NOS to trade.

Once you have money in your trade balance, you can click trade.

Select $NOS.

*Token prices in the screenshots below are outdated*

Step 4: Buy $NOS.

Once you select $NOS, you can now swipe to confirm your purchase.

*Token prices in the screenshots below are outdated*

Step 5 (Optional): Sell $NOS whenever you want.

Whenever you're ready to sell, you can sell $NOS and get USDC, which you can withdraw right into your bank account.

*Token prices in the screenshots below are outdated*

Option 2: Use a centralized exchange, self-custody wallet, and DEX's.

To buy $NOS as a crypto beginner, you can follow these steps:

1. Get a Crypto Wallet: You'll need a digital wallet to store your $NOS tokens. Popular options include Phantom, Solflare Wallet, or Coinbase Wallet. Download and set up your chosen wallet.

2. Purchase Solana (SOL): $NOS is a token on the Solana blockchain. You'll need to buy some SOL to cover transaction fees and to swap for $NOS. Use a reputable exchange like Coinbase, Binance, or Kraken to purchase SOL with your local currency.

3. Transfer SOL to Your Wallet: Withdraw your SOL from the exchange to your wallet. Make sure to double-check the wallet address before confirming the transfer.

4. Choose a Decentralized Exchange (DEX): You can use a DEX like Raydium, Orca, or Serum to swap your SOL for $NOS. These platforms are like marketplaces where you can trade cryptocurrencies directly with other users.

5. Connect Your Wallet to the DEX: Follow the DEX's instructions to connect your wallet. This usually involves clicking a "Connect Wallet" button and selecting your wallet type.

6. Swap SOL for $NOS: Once your wallet is connected, you can swap your SOL for $NOS. Enter the amount of SOL you want to trade, and the DEX will calculate how much $NOS you'll receive. Review the details and confirm the transaction.

7. Wait for the Transaction to Complete: The swap might take a few seconds to a few minutes to complete. Once it's done, you should see the $NOS tokens in your wallet.

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