In recent times, the advertising system is characterized with requent fraudulent activities and high commission. Thus, Adbank platform was built on the ethereum network to curtail the problems.
Adbank is an online ad platform designed on Ethereum blockchain to eliminate exorbitant intermediaries & lessen the $50 billion issue of ad fraud.
With lots of advertisers being ripped off, 50 percent of ad revenues forfeited and the advent of click farm schemes among other setbacks. Adbank definitely will be a step on the right path.
Therefore, this copy details what an Adbank is, problems of digital Advertising, and the solutions offered by adbank ecosystem. The guide also provides a step-by-step approach to buying Adbanks.
What is Adbank?
Adbank is a translucent platform that is completely verifiable, which is an open-source network developed on Ethereum.
Adbank has developed and presented copyright likes new forms of corruption detection based on artificial intelligence and blockchain technology.
Moreover, the fraud detection systems are built to work as part of any advertising network for which they have been developed. This is because the anti-fraud system in AdBank will possess maximum access to the whole platform, which encompasses the blockchain.
These supplementary sources of information allow Artificial Intelligence to discover relationships between information in the advertising system and the BlockChain. Which cannot be used by other systems.
In short, Adbank’s fraud prevention AI can be integrated into the structure of the Adbank platform itself to be successful even if other AIs fail.
Adbank is not intended to be the largest system, but a tool for other ad systems to transform to ADB tokens and enjoy the same AI translucency and fraud prevention benefits that the blockchain offers.
Problems Of Digital Advertising
The issue of digital advertising corruption is far bigger than most marketers and entrepreneurs are aware of.
The number of advertising scams sometimes referred to as “bot scams”, is currently very high and endangers the future of advertising itself.
Advertisers are ripped off.
Media buyers can bribe the advertising platform with their clients’ money and stealthily put the difference in their purses.
These ad deductions harm advertisers and intermediaries make billions of dollars.
Publishers are powerless.
No less than 50% of all digital advertising revenues are forfeited in the advertising ecosystem before it becomes published.
Even if they control the public which everyone wants to access, the hands of the publishers are bound.
Ad networks fuel the fire.
Crooked schemes like click farms and ad stacking cost billions of dollars in advertiser allotments.
The intermediary who manages the ad purchasing process is the only intermediary who has the data to audit it.
Solutions Offered By Adbank
Adbank Blockchain enables you to develop a safer and better advertising platform for advertisers and publishers.
Third-Party Development Made Easy
Because the Adbank platform provides publicly accessible API, other advertising networks and third parties can create platforms in the Adbank ecosystem.
Moreover, third parties can employ the API to incorporate Adbank’s services to their standing products, enlarging the quality of their products while improving the ADBANK ecosystem.
Using API Adbank, the company is developing platforms and new generation products. Likewise, the corporation will be able to provide consultation and integration assistance. Thus, enabling everyone to use Adbank to govern and develop their businesses.
An illustration of this integration would be a news house that wishes to create its internal advertising system. It would be able to recruit programmers or entrepreneurs to create an in-house treatment that uses all the advantages of the Adbank network and its collaborators.
Help Existing Ad Networks
Adbank is an advertising community designed on Ethereum (ETH) through the development of the Adbank (ADB) token.
Its Main Services are developed to support the production of many products and services in new advertising spaces.
Using open-source technology and publicly accessible APIs, Adbank’s technologies and toolkits empower Adbank and others to create the future of advertising.
Thanks to the combination of Adbank network and chain services, it is configured to provide the advantages of rapid, low latency, and high bandwidth technology. Similarly, it provides the consent and transparency of the block.
The fundamental products of the initial commissioning of the Adbank will focus on constructing a new generation ad structure with anti-fraud analysis and an A. I mechanism.
By developing an advertising platform, Adbank is in a great stance to create an advertising community that is highly immune to fraud.
As at the time of this writing, 4th of January, 2022. An adbank costs $0.001994.
How To Buy Adbank (ADB)
Cryptocurrency such as Bitcoin (BTC) and Ethereum (ETH) is needed To purchase Adbank.
- Create a Binance account
- Buying Your First Bitcoin
- Transfer Your Cryptos to an Altcoin Exchange
- Depositing BTC to Exchange
- Trading Adbank
#1. Create a Binance Account
The first step in acquiring Adbank is to generate an exchange account (in this case, Binance).
Visit Binance’s Website
In recent years, several phishing cases have been recorded, which are replicas of the real site. Thus, it is necessary to analyze the URL on the website.
Initially, search for a “secure” certificate, which should appear in the address bar and act as a testimony of the authenticity of the site.
Furthermore, be very cautious when trading on the platform, make sure you bookmarked the real site to avoid complications in future searches.
Fill in your trading details
You need to go to the Registration tab in the right corner of the website page to input your details and your transaction details. For example, you need to enter your Phone number or decide to use your email address.
The email address you use should be the most secure primary email address that you can easily access, as you will need it to log into your Binance account at all times.
You should also use a strong email password. Strong passwords should contain digits, symbols, and a combination of upper and lower-case letters.
You will be sent a verification code via the email you submitted to complete the registration process.
Allow 2FA-Two-factor authentication (Optional)
To ensure your account is safer, you must enable two-factor authentication after the first sign-in.
#2. Buying Your First Bitcoin (BTC)
You can send fiats to your Cryptocurrency account on Binance. You could send it literally via a bank account by Swift Money Transfer or you can utilize a debit/credit card.
For this piece, we will be using a credit card. Although, binance doesn’t permit the use of credit or debit cards on the system, however, they have been enlisted.
Binance partnered with Simplex to enable users to operate credit and debit cards, to purchase Bitcoin or Ethereum.
This resulted in a rapid transaction rate, low transactional expenses, and greater flexibility in transactions. It is strongly recommended that Bitcoin be purchased and then traded for the corresponding amount of adbank (ADB).
How to Buy Bitcoin On Binance
It is relatively straightforward to acquire Bitcoins via your credit card. Below is a step by step approach;
- Select the “buy Crypto” option found in the upper bar and initiate the drop-down menu. Then select your preferred currency. For example, US dollars, and then click on “Credit / Debit Card” to go to the following step.
- You will then be directed to the next page where you will see the alternatives to select the required cryptocurrency. Select BTC and the payment needed to purchase the specified amount of the Bitcoin.
- The total amount will be posted based on the requested bitcoin amount. Also, the appropriate market value for the moment (including all taxes).
- However, you can first set the total unit of Bitcoin needed. Thereafter, the network will automatically compute the order amount for you.
- Then click “Buy” BTC. A page will appear containing all the details of the command. Though, before substantiating the order, you must read the reservation and terms.
- Then, confirm your order by checking the box and proceed to “Payment”.
- Furthermore, enter your credit card features and private information. Then click “Pay Now”.
- You will need to authenticate your e-mail and phone number if it’s your first simplex payment. Confirm the verification process by tapping the link in your email. Similarly, you will input the code you got by SMS. Then, click “Continue”.
- Then use your official documentation to verify your identity. Upload a photo of your ID with your data and click the Upload Document button.
- Finally, an email will be sent confirming the order purchase. Then, the purchased BTC or Ethereum will be indicated on your Binance account.
#3. Transfer Your Cryptos to an Altcoin Exchange
Now let’s buy adbank (ADB) using the cryptocurrency from Binance. However, not all cryptocurrencies can be exchanged on Binance. You will have to send your coins to an exchange that allows you to trade adbank (ADB).
Therefore, we will be using the KuCoin exchange, which is a famous exchange for trading altcoin. After you have successfully created a new account. You can follow the same process similar to what you did in Binance earlier to transfer your Bitcoin.
#4. Depositing BTC to Exchange
Once you have established a trading account on any exchange that lists adbank (ADB), then you have to move your BTC from Binance to that particular exchange.
You need a wallet system for this, we are using Kucoin in this case. To move your BTC into kucoin, select Asset at the top-right menu, choose Main Account (Deposit and Withdrawal). Then search for BTC and click on deposit. Copy your unique BTC deposit address of the wallet and go back to Binance.
Then select “Wallet” on the right-hand side of the bar. Select Fiat and Spot (Deposit and Withdrawal) when the pop-up appears. Find BTC in the list and select Withdraw on the right.
Paste the copied receive address and specify BTC as your forwarding network. Enter the quantity you wish to withdraw (You can click the Maximum button if you wish to remove all).
Then click Submit to start the withdrawal procedure. Binance may require a 2 Factor Authentication code to proceed with the withdrawal. You will also need to validate your withdrawal by email..
#5. Trading Adbank (ADB)
Now you can return to the bitmap to purchase AdBank (ADB) with Bitcoins sent.
Move to the trading section, and then select Standard under Cash trading. Then, in the left section, ensure you choose the “BTC” pair. Likewise, type “ADB” in the search bar.
Select the ADB / BTC pair that will come up in the pricing table in the middle of the page. Select the “Market” tab for your purchase order.
Also, you can enter the quantity of BTC. otherwise, select part of the BTC payment you want to spend. You can do this by clicking on the percentage buttons. After confirming everything, click “Buy ADB”. Now you have your ADB!
Other Exchanges to Buy Cryptos
The following are other Exchanges you can purchase Adbank from:
- HotBit (only for US traders)
- MXC (only allows US traders)
- Huobi Global
This helps guarantee that you can trade your crypto at any time and trading costs are not expensive.
After carefully evaluating the whitepaper and the ecosystem, there is no misgiving Adbank is a translucent ecosystem, which will permit payments from advertisers to publishers to be followed.
Frequently Asked Questions
Is it feasible to buy adbank with fiat?
The response is No. Because you can’t directly purchase adbank with cash.
How do I purchase Bitcoin from local merchants?
You can visit LocalBitcoins that is a peer-to-peer Bitcoin exchange.
Is there an alternative platforms to purchase adbank or Bitcoin with credit cards?
Yes, you just need to visit Changelly.
- medium.com – what is adbank
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