This article explains everything you need to know about the cryptocurrency project, Flow, and its native token, FLOW. The coin has risen in value by 55% this week, and investor interest has soared to new highs with FLOW coin trading volume rising 300% to $600 million today.
This article tells you everything you need to know before you invest in Flow crypto, including what the project is, how it works, and what the future could hold for the cryptocurrency.
Are you looking for fast-news, hot-tips and market analysis?
Sign-up for the Invezz newsletter, today.
To help those of you who want to buy FLOW tokens immediately, scroll down to the paragraph below to find our recommendations of the best places to buy and sell FLOW coin in the UK and elsewhere.
How & where to buy FLOW coin
If you are looking for the best platforms to buy, sell and trade Flow crypto, look no further than the options below. Our team of analysts have selected them thanks to their low fees and top-quality user interfaces.
Simply click one of the links, sign up, deposit funds and buy all the coins you want:
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.
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.
What is Flow crypto?
Flow is a blockchain and FLOW is its native token. The developers claim it is fast, decentralised and developer-friendly, meaning it can be used as the base for a new generation of games, apps, and the digital assets that power them.
The development team also claims to have a strong track record, meaning that Flow arguably stands alone as the only layer-one blockchain that has been delivered by a team with extensive experience of delivering strong blockchain experiences such as NBA Top Shot, Dapper Wallet and CryptoKitties.
Top developers and some of the world’s largest brands are already allegedly building dApps on Flow, including op entertainment brands, development studios, and venture-backed startups. Some of the project’s major global-brand partners include Warner Music, Ubisoft, NBA and UFC, while gaming partners include Animoca Brands, Sumo Digital and nWay. In addition, Flow has close collaborative ties to Circle, Binance and up-and-coming startup, OpenSea.
FLOW tokens power the network, serving as the cryptocurrency required for all applications on top of the Flow blockchain to function. It is both useable as a unit of exchange and a long-term reserve asset for the entire Flow economic system. It can be utilised by validators, developers, and users to participate in the network and earn rewards, and it is also deployed to pay for network fees and to allot governance voting rights.
Should I buy Flow coin?
If you believe in the Flow ecosystem and link it will grow into a major project in the near future, investing now ahead of price accretion could be a good move.
However, before you invest, make sure you are aware of the general volatility and risks that come with cryptocurrencies. Provided you conduct your own extensive due diligence, investing in Flow coin could turn out to be a good move.
Will Flow cryptocurrency make me rich?
It is wholly unlikely that a single investment will make you rich, but if Flow does become the new go-to blockchain and rise to prominence, FLOW tokens could generate huge returns for tokenholders.
FLOW price prediction 2021
Our team of analysts offer the following price forecast based on their research: FLOW coin could hit up to $55 within the next 5 years. This would result in significant gains for investors.
Social media coverage of $FLOW crypto
Check out our crypto news for the latest on FLOW and other hot DeFi coins.
67% of retail CFD accounts lose money