Top places to buy Stacks, which gained 32% in 24 hours

Stacks is soaring after crypto exchange Okcoin announced a partnership with the L1 blockchain to form the Bitcoin Odyssey. Okcoin is pledging $165 million towards founders and projects developing decentralized applications on Bitcoin and Stacks.

This guide has all the information you need about Stacks, whether it would be a worthwhile investment, and the top places to buy Stacks now.  

Top places to buy Stacks now

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

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

What is Stacks?

Stacks is designed to bring smart contracts and decentralized applications (DApps) to Bitcoin. These smart contracts are brought to Bitcoin without changing any of the features that make it so powerful, including its security and stability.

The DApps are open and modular, meaning developers can build on top of each other’s apps to produce features that are simply not possible in a regular app.

Since Stacks uses Bitcoin as a base layer, everything that happens on the network is settled on the Bitcoin blockchain, arguably the most secure blockchain in operation.

The platform is powered by the Stacks token (STX), which is used for fueling the execution of smart contracts, processing transactions and registering new digital assets on the Stacks 2.0 blockchain.  

Should I buy Stacks today?

Stacks can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value.

Stacks price prediction

Wallet Investor finds Stacks a very good investment and expects a long-term increase in the price. They predict it will be worth $5.12 in March 2027. A 5-year investment of $100 will generate revenue of around +263% and go up to $363.

Stacks on social media

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You can now buy Elrond, which added a tenth to its value: here’s where

The Elrond Network has undergone several successful developments recently, which reflect on its price. Yesterday, it emerged the network had acquired Capital Finance Services, a member of the globally known and active Twispay brand, an e-money institution.  

Look no further than this short article to find out what Elrond is, if it’s worth buying, and the best places to buy Elrond today.  

Top places to buy Elrond now

Bitpanda

BitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices.

Buy EGLD with Bitpanda today

OKEX

OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology.

Buy EGLD with OKEX today

What is Elrond?

Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things.

Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

The blockchain has a native token known as eGold, or EGLD, that is used for paying network fees, staking and rewarding validators.

Elrond describes itself as a blockchain platform for the new internet economy, decentralized applications and enterprise use.

Its main selling point is its high scalability, stating that it is the first blockchain network in which state, network and transaction sharding have all been implemented.

Should I buy Elrond today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also consider how you would feel about losing money.

Elrond price prediction

At the time of publication, 1 EGLD was trading for around $150.00. Trading Beasts is bullish on the coin, predicting it can soar past $190 by the end of the year. GOV Capital is even more optimistic. They forecast a price of $634 by the end of this year.

Elrond on social media

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Ethereum whales are loading up on Chainlink (LINK) – Here is why you should do the same

Chain Link Image on a cell phone

Over the last few days, Ethereum whales have been loading up on Chainlink (LINK). In fact, LINK has overtaken Yearn Finance as the most traded asset by whales. So, what does this mean? And should you also follow this whale money? Here are some highlights:

  • As of now, LINK is the most traded crypto by 1000 of the biggest Ethereum whales.

  • This suggests that large ticket investors are bullish on LINK in the near and medium-term.

  • At press time, LINK was trading at $13.24, down around 6% over the last 24 hours.

Data Source: Tradingview 

Why are ETH Whales buying Chainlink (LINK)

It is important to keep in mind that 100 of the largest Ethereum wallets are worth $1.3 billion. So these are people with a lot of money to throw around, and any moves they make can have a lasting effect on the price action of any asset. In fact, we have seen the largest ETH wallet now holds nearly $168 million worth of LINK. This is huge, and it suggests that the coin is bullish.

Also, Chainlink has been making major moves. The project announced just yesterday that it is launching support for tokenized perpetual swap pools for Float Capital. Float Capital is based on Avalanche. Chainlink is also making major moves on NFTs in conjunction with Ethereum. This creates the perfect mix for future growth.

Why you should buy Chainlink (LINK)

Other than the recent developments that we have highlighted above, there is no doubt Chainlink is one of the main crypto projects by market cap. The coin had stagnated in terms of price movement over the last month or so.

But this does not in any way change the long-term outlook of this coin. LINK will be huge, and it’s one of those coins every crypto investor should consider having.

Want to learn how to safely invest in Chainlink? Check out our comprehensive Chainlink buying guide here or purchase from our recommended platform below!

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Description:
eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 20+ Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.

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ASIC, CySEC, FCA

Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.

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