What is Ankr (ANKR)?
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Written by Ignat
Updated over a week ago

The ANKR Network is a distributed computing platform that takes advantage of blockchain technology to provide simple and affordable blockchain node hosting solutions. It achieves this by using shared resources (idle computing power). Unlike public cloud providers, the cloud infrastructure of Ankr operates independently, which makes it safer and more stable.

The native Ankr token is used to access blockchain functions. For the block validation process, Ankr utilises verification nodes, which it rates according to their contributions, removing any bad actors from the system.

Check out this article to choose the most convenient way to buy cryptocurrencies, including ANKR.

Important: please note that ANKR deposits and withdrawals are currently not supported. You can buy, exchange and store ANKR. If you'd like to receive or send it, you'll have to first exchange it for a currency which supports crypto deposits and withdrawals – you can always check with the list in this article.

In compliance with the Financial Promotion Act which came into force on 8 October, 2023, at 8 AM UTC, some account functionality is temporarily limited for the Cryptopay customers with verified UK residency.
Check what services are available: Service availability in the UK

The world of crypto is vast and intricate - if you feel overwhelmed, check out Cryptopay Learn. It is a perfect place to start for beginners trying to understand the basics of crypto. For more experienced crypto enthusiasts, this is also an excellent opportunity to brush up on their knowledge. The more you learn, the more you earn!

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