Prometeus Network is an infrastructure system where data algorithms are deployed to process private data and users are thus given more sovereignty and control over data. In other words, Prometeus allows users to sell their data securely without being exploited in the way that Web 2.0 monolithics had taken advantage of them in the years past. Prometeus does not serve any single industry or single angle. Instead, it seeks to disrupt industries that had previously taken advantage of user data (e.g., influencer marketing). Through the different social media platforms, blogger has audiences but data about that audience is not allowed to be accessed by third-party services. The terms of service do have closed access to the APIs that would otherwise allow third-party data analytics. Information such as engagements per post, bot percentages, and audience ranking boosts should be taken into account. The transparent analysis doesn’t exist… yet. In this example with influencers, Prometeus can provide more transparency between the advertisers and influencers, thus taking down the corporate structures that separate the two.
Sign up to Swyftx to buy Prometeus!
The best place to buy Prometeus is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.
Yes, Swyftx is a safe and secure platform to buy and sell Prometeus (PROM). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of PROM is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy Prometeus with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy PROM instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
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