Monat: Januar 2022

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You can now buy Immutable X, which added 14% to its value: here’s where to buy IMX

Immutable X, the first layer-two scaling solution for NFTs on Ethereum, is one of the strongest performers in the top 100 biggest coins by market cap today. It gained an impressive 14% in the last 24 hours on news of an upcoming Binance listing. 

If you want to know more about Immutable X, whether it’s a good investment, and the best places to buy IMX, its native token, you’ve come to the right place.  

Top places to buy IMX now

As IMX is such a new asset, it’s yet to be listed on major exchanges. You can still purchase IMX using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy IMX right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for IMX

Now that you’re connected, you’ll be able to swap for 100s of coins including IMX.

What is IMX?

According to Immutable X, its blockchain does away with Ethereum’s limitations like low scalability, poor user experience, illiquidity, and slow developer experience.

Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. 

To achieve that, Immutable X is built with STARK zk-rollups, a technology that Vitalik Buterin considers Ethereum to be “all-in on.”

Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. 

Chris Clay, the game Ddrector of Gods Unchained, a project already building on Immutable X, stated that Immutable X allows Gods Unchained to implement a new meta-system that was previously impossible. 

In this fashion, Immutable X aims to create a world-class experience for users and developers alike.

Should I buy IMX today?

IMX can be a lucrative investment, but don’t rely on predictions for its price in the future based on current performance, especially long-term predictions. Past or current performance is no guarantee for future such.

IMX price prediction

Wallet Investor believes IMX can be a bad, high-risk one-year investment option. Its price will not increase, resulting in devaluation of any investment. 

Digital Coin Price takes the opposite view. They predict the lowest price of Immutable X in the future will be around $17 and the highest price will be around $18.71. In addition, they forecast 1 IMX will trade for $6 in one year, which is almost three times its current price.

IMX on social media

The post You can now buy Immutable X, which added 14% to its value: here’s where to buy IMX appeared first on Coin Journal.

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Zcash is surging today, up 8% in 24 hours: the top places to buy Zcash now

Zcash is a decentralized cryptocurrency focused on privacy and anonymity and one of today’s biggest gainers. This article explains what Zcash is in more detail, whether it’s worth investing in, and the top places to get Zcash today.

Top places to buy Zcash now

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Buy ZEC with eToro today

CAPEX

CAPEX.com is an awarded fintech brand, globally recognized for a strong presence in shaping the future of trading. The company focuses on making the markets more accessible & transforming the way people trade online.

Buy ZEC with CAPEX today

What is Zcash?

Zcash uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.

Contrary to popular belief, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous. 

They do not explicitly reveal the identities of their users, but each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics.

Zcash transaction still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, they do not reveal the sending and receiving addresses or the amount being sent. 

There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.

Should I buy Zcash today?

Like all cryptocurrencies, Zcash is a volatile asset. Take all investment advice and price forecasts with a grain of salt and be prepared for the unexpected.

Zcash price prediction

According to Coin Price Forecast, 1 ZEC will trade for $271 at the end of 2022, coming to a year to year change of +83%. In the middle of this year, Coin Price expects to see $187 per 1 ZEC.

In the first half of next year, it will lose some value, falling to $261. In the second half, it will gain $20, closing the year at $281, which is +90% to the current price.

Zcash on social media

The post Zcash is surging today, up 8% in 24 hours: the top places to buy Zcash now appeared first on Coin Journal.