The Songbird (SGB) has shot up 56% in the last 24 hours following the ongoing airdrop where different crypto exchanges including CoinFieldEX, Bitstamp, and Bitso are assisting by distributing the SGB token to their communities.
SGB has caused a great shakeup within the cryptocurrency community and investors are now lining up to add the coin to their crypto portfolios. And to help new investors and traders eyeing the cryptocurrency, Invezz has created a brief article to assist crypto traders and investors understand what Songbird (SGB) is and also find the best place to buy it.
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Best places to buy Songbird (SGB) coin
Do you want to be part of the new Songbird (SGB) coin as it takes off but you are wondering how and where to buy the coin online? Well, you don’t have to worry anymore. You are in the right place!
All you have to do is to find a reliable exchange, open a trading account, and deposit funds (either fiat or crypto depending on the allowed form) to purchase the number of SGB tokens you want.
The other way through which you would get SGB coins is by owning Ripple (XRP) tokens. With the XRP tokens, you will be eligible for the ongoing SGB distribution.
According to our team of professionals, here are some of the best platforms where are you can buy SGB tokens online:
eToro
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.
Buy SGB with eToro today
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Buy SGB with Binance today
What is Songbird (SGB)?
Songbird (SGB) is the native token of the Songbird blockchain, which is a canary network for Flare blockchain.
For those wondering what a ‘canary network’ means, it is an operational blockchain network that has defined but scarce token supply to be used to test the features of the mainnet, which in this case is Flare. Songbird will be used to test and improve the scalability, stability, and credibility of Flare before it is launched.
After the Launch of Flare, Songbird will continue as a long-term network for testing governance-led changes to Flare. Therefore, the SGB token will have use even after the launch of Flare.
Should I buy Songbird (SGB) coin today?
As a new cryptocurrency that was unveiled for trading on Sept. 29, SGB could become a good investment opportunity especially since it has shown great prospects of appreciation.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Songbird price prediction
At the current rate, the bullish trend that SGB has started is expected to continue for at least the remaining part of 2021.
$SGB social media coverage
eToro
10/10
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