Secret Network Price
Live Secret Network Price Chart
SCRT Price Change and Market Cap
At the moment, SCRT price is 0.689895$ and it changed by -0.92% in the last 24 hours. Secret Network has a total market capitalization of $214421716 today. 310803420 SCRT is in circulation. The 24-hour highest price of SCRT was 0.7462$ and the lowest was 0.6606$.
Secret Network Price Prediction
Secret Network was built on Cosmos and launched in 2020. It means it had a few months of a head start into the bull run of 2021. During it, the SCRT price, previously valued below one dollar, skyrocketed to $4.67 in February and $10.64 on October 28, 2021. At the time of writing, it is back to a range slightly above the 2020 prices.
Secret Network price predictions suggest that by 2025 Secret Network price would be around $6~8 which is a very reasonable prediction considering the historical performance of SCRT. In a more distant future, we may see Secret Network reach new heights. Secret Network is a unique offering from the crypto community to the masses to safeguard their identity while using the blockchain tech.
Secret Network Exchange
Secret Network is a privacy-oriented cryptocurrency which provides anonymity to the users while transacting value. On ChangeHero you will be able to get a similar experience during the Secret Network exchange as you will not be required to create any accounts or go through a KYC procedure. You can exchange Secret Network to other cryptos and vice versa. You can choose from the Best Rate and Fixed Rate for your Secret Network exchange. You can be sure that your XMR exchange will be processed super fast at the best possible rates in the market.
How to exchange Secret Network
What is Secret Network?
Even though previously it seemed unfeasible, Secret Network offers a blockchain platform secured by the Proof-of-Stake consensus. It's developed by the Secret Foundation, whose board includes Tor Bair, Guy Zuskind and Zaki Manian. The Foundation received VC funding in February 2022 from Alameda Research, CoinFund and HashKey.
Secret Network uses encryption to mask inputs and outputs of smart contract data. The team claims nodes operate in a secure environment that eliminates data leakage and makes privacy-preserving use of smart contracts possible.
Frequently Asked Questions
What are the fees for Secret Network exchange?
We charge a reasonable fee of 0.5% on your SCRT exchange.
Is Secret Network safe to use?
Secret is a privacy-oriented cryptocurrency which obfuscates the addresses and transaction details to provide anonymity to the user. These unique features make it safe to use for conducting transactions.
It is worth remembering that Secret Network works with the help of Tendermint consensus. To make it work, the network is only partially trustless.
How long does it take to process Secret Network exchange?
It takes around 15 minutes to process your SCRT exchange. However, it may vary depending on the blockchain.
Do I need to complete a KYC procedure to exchange Secret Network?
You can exchange SCRT without KYC procedures. However, we may ask you to verify your identity if our security system raises an alarm.
Do I need to signup for ChangeHero to exchange Secret?
You don’t have to worry about registrations on ChangeHero. You can exchange SCRT without an account.
How many blockchain confirmations are needed for SCRT?
We consider Secret Network received after 40 blockchain confirmations.
