As the crypto market plunged in the past few days, MXC coin was skyrocketing. It only saw a slight pullback after which it has bounced back strong and this time analysts anticipate it shall smash through its current all-time high.
To help those investors and traders who are interested in the MXC, Invezz has created a brief article to help with identifying the best places to buy it.
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Best places to buy MXC coin
As MXC is such a new asset, it’s yet to be listed on major exchanges. You can still purchase MXC using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy MXC 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 MXC
Now that you’re connected, you’ll be able to swap for 100s of coins including MXC.
What is MXC?
MXC is the native cryptocurrency of the MXC blockchain.
The MXC blockchain is a web3.0 network designed to connect the metaverse world to the real world. It uses a consensus mechanism known as proof-of-participation (PoP). It also uses Supernodes to ensure scalability and maintain a free open network.
Besides being traded on popular crypto exchanges, the MXC token is used for providing devices for the free open wireless network, running Supernodes (through staking the MXC tokens), managing NFTs, mining from the Satelite and LPWAN networks, and governing the entire MXC network.
Should I buy MXC today?
If you are looking to invest in a cryptocurrency that has been on the rise even during the recent crypto market plunge, then MXC could be a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
MXC price prediction
Crypto analysts believe that the MXC price shall rally to above $0.10 before the end of January.
$MXC social media coverage
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