Last update: Jun 6, 2022

How to Buy Shentu (CTK)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Shentu. Depending on where you’re based, you’ll have a few trading platforms to choose from.

In this guide, we not only cover the top 3 global cryptocurrency exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Shentu

How to Buy Shentu – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a cryptocurrency trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Shentu of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger trading platforms.

4. Buy Shentu

Now that you have what you need to buy Shentu, head over to the market or buy section of the crypto trading platform and buy some CTK.

If the crypto exchange doesn’t have any Shentu on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Shentu first), and trade your Ethereum for Shentu.

Where to Buy Shentu (CTK)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Shentu

  1. Sign into the crypto exchange where you bought Shentu.
  2. Move your Shentu to the right place on the crypto exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Shentu.

 

Crypto trading

How to Buy Shentu (CTK) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Shentu in Australia, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Shentu if it’s available. If the exchange doesn’t have Shentu. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Shentu), and trade your ETH for Shentu.

You can also take a look at our analysis of the best bitcoin brokers in Australia if you’re interested in learning more about which exchanges we would recommend.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Shentu (CTK) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Shentu in Canada, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Shentu if it’s available. If the exchange doesn’t have Shentu. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Shentu), and trade your ETH for Shentu.

You can also check out our comparison of the best bitcoin trading platforms in Canada if you’re curious to know more about which exchanges we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Shentu (CTK) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Shentu in the UK, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Shentu if it’s available. If the exchange doesn’t have Shentu. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Shentu), and trade your ETH for Shentu.

Alternatively, if you want to learn more about the exchanges we like, check our list of the crypto brokers in the UK.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Shentu? CTK Rundown

Shentu Chain is a security-first delegated proof of-stake blockchain that enables the trustworthy execution mission-critical applications such as DeFi, NFTs and autonomous vehicles. Shentu Chain is a Cosmos Hub that supports cross-chain compatibility. It has full EVM compatibility and Hyperledger Burrow compatibility. Also, it can be used with Ant Financial's AntChain and eWASM. Security Oracle provides security insights across protocols. This includes real-time guards for on-chain transactions and identification and flagging of a wide range malicious vulnerabilities. Based on their security score, audited projects in any protocol could be eligible for a ShentuShield membership. This flexible, decentralized reimbursement system covers any crypto asset that is lost or stolen because of security issues. All eligible blockchain project members can apply for ShentuShield memberships. This is a safety net that provides protection to crypto asset holders in the event of an unexpected.

Natively, projects are able to code in DeepSEA, an extremely secure programming language that is supported by IBM, Qtum Foundation and the Ethereum Foundation. DeepSEA is compatible with EVM because it works directly with the Shentu Virtual Machine, (SVM). SVM exposes smart contract security information and blockchain security information in a way that is innovative. This allows for unprecedented access to smart contract decisions, as well as the ability to check and integrate risk into smart contracts. CTK is the Shentu Chain's native digital utility fuel. It serves as the core utility for all on-chain functions, such as operating ShentuShield and Security Oracle systems, paying Shentu Chain gas consumption, and voting in governance decisions.

Security Oracle is a network of operators who use the best security technology to assess the reliability of mission-critical smart contract, such as those used by DeFi. These operators are eligible for CTK rewards in exchange for their real-time, updated scores. Security Oracle can be interoperable with all protocols, allowing users to make informed decisions before they interact with smart contracts. The Security Oracle integrates smart contracts with smart contracts to flag malicious transactions and prevent them from happening, which can help avoid crypto asset loss. More information is available here.

ShentuShield, a decentralized membership platform that allows reimbursements for lost or stolen cryptocurrency from any protocol, is called ShentuShield. ShentuShield members, which may include blockchain projects or community supporters, can make reimbursement decisions. Members can participate by purchasing protection for their crypto through Shield Purchasers or contributing their own collateral to Collateral Providers. Collateral Providers can earn staking rewards for their staked CTK and a share from the fees paid by Shield Purchasers. Shield Purchasers hold funds in the Pool that can be used to reimburse them for crypto assets they own. They also pay a CTK fee which goes directly to the Collateral Providers. Here is a growing list of audited clients that are publicly visible.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.