Moss Carbon Credit coin (MCO2) has been on a monster Bull Run since January 22 when a majority of the cryptocurrencies were witnessing a sharp nosedive. Bitcoin, in particular, dives below $40K to about 33K while its close follower has fallen to about 2.1K.
As a result, there has been an increased demand for the Carbon Credit coin (MCO2) among investors and Invezz has created a brief article to assist in understanding what Carbon Credit coin (MCO2) is and also assist them in finding the best places to buy it.
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How & where to buy the Carbon Credit coin online
As MCO2 is such a new asset, it’s yet to be listed on major exchanges. You can still purchase MCO2 using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy MCO2 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 MCO2
Now that you’re connected, you’ll be able to swap for 100s of coins including MCO2.
What is Moss Carbon Credit coin (MCO2)?
Moss Carbon Credit coin (MCO2), commonly referred to as MCO2, is the native token of the MOSS blockchain.
In a nutshell, MOSS aims at promoting the conservation of the environment through a market solution that includes democratization and development of a carbon credit market through MCO2 tokens.
MOSS buys carbon credits from high-quality environment projects. It allows individuals and companies to buy these credits on its blockchain.
The credits are certified by several global institutions like Social Carbon, VCS Standard, and CCB Standards. Moreover, the credits are blockchain encrypted to curb duplicate sales.
Should I buy MCO2 coin today?
Going by its current price movement, the MCO2 coin could be a good investment.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Moss Carbon Credit coin price prediction
Going by the recent price movement, there is great speculation that the MCO2 price will continue on its bullish trend at least for the remaining part of January.
Eyes are on the $20 price target that analysts believe is possible if the coin maintains the current trajectory.
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