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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Fantom losses tapering off, is it time to buy the dip? Best places to buy Fantom

Fantom’s price plummeted after a major reshuffle in the developer team, but its losses are diminishing, and it looks like it’s getting back on track. The 40th biggest coin by market cap is down just 5% today.

If you are attracted to unique features and want to learn how and where to buy Fantom, this guide is for you.

Top places to buy Fantom now

Skilling

Skilling is a regulated Forex and CFD broker that allows traders to access 800+ financial instruments, including 10 popular cryptocurrency CFDs with competitive pricing and fast execution time. Skilling offers a selection of trading platforms, including the proprietary Skilling Trader and popular, industry renown cTrader and MetaTrader 4 platforms, which can suit the needs of customers with different levels of trading experience.

Buy FTM with Skilling today

Nexo

Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team’s years of experience in FinTech along with the power of blockchain technology, Nexo empowers millions of people to harness the value behind their crypto assets, shaping a new, better financial system.

Buy FTM with Nexo today

What is Fantom?

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers with its own bespoke consensus algorithm.

Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

Fantom is an open-source decentralized platform for DApps and digital assets that was created as an alternative to Ethereum.

It aims to overcome the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization.

The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.

Should I buy Fantom today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Fantom price prediction

DigitalCoin predicts Fantom will trade for an average of $1.68 this year and $1.82 in 2023. It will grow to $2.43 by 2025 and to $5.82 by 2030.

Despite Fantom’s lackluster performance, Price Prediction is also bullish. They forecast an average of $1.81 in 2022, $2.61 in 2023, and $5.30 in 2025. In 2030, it will have gone up to $32.

Fantom on social media

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BFARM launches a BNB and BUSD stake & earn feature and an extensive referral program

BFARM, a new yield farming platform built on Binance Smart Chain (BSC), has unveiled its new BNB and BUSD stake and earn feature as well as an extensive referral program. BFARM platform offer users steady and fixed daily income and the additional staking feature adds to its list of assets that can be staked by the users.

BFARM specifically allows users to maximize their income by leveraging and staking their native Binance tokens and earning quick staking yields on the BSC network.

Staking BNB and BUSD on BFARM

To stake BNB on BFARM, users require a minimum of 0.05 BNB coins. On the other hand, if a user wants to stake BUSD, they require a minimum of $10 worth of BUSD.

One can choose to stake the coins using the 8-days lockup with a 140% return, 16-days lockup with 188% return, or 25-days lockup with 242% return.

The 8-days lockup plan is designed for short-term investors who prefer quick returns on their crypto investments. The 16-days and 25-days lockup plans on the other hand are for long-term investors and they also have giveaway bonus instant credits.

The 16-days lockup plan has a 2% giveaway bonus instant credit while the 25-days lockup plan has a 3% giveaway bonus instant credit.

BFARM Referral program

BFARM has also unveiled an extensive referral program to provide its users with an opportunity to earn as the ecosystem expands. By inviting more people to the platform, users get to earn extra coins.

The referral program groups the referrals into five groups depending on the hierarchy of those referrals.

Level 1 referral earn 5%, level 2 referrals earn 3%, level 3 referrals earn 2%, level 4 referrals earn 0.5% and level 5 referrals earn 0.05%.

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