Web 3.0 is rapidly taking a center stage among decentralized applications (DApps) and one token BICO is taking the space by storm. The coin has risen by over 160% since its debut trading on December 1, 2021.
To help investors and traders who are eyeing to buy and hold the BICO coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Where to buy BICO coin
As BICO is such a new asset, it’s yet to be listed on major exchanges. You can still purchase BICO using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy BICO 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 BICO
Now that you’re connected, you’ll be able to swap for 100s of coins including BICO.
What is Biconomy (BICO) coin?
Biconomy (BICO) is the native token of Biconomy blockchain.
Biconomy blockchain provides DApps with plug-and-play APIs and SDKs to make the DApps helpful to anyone including those with zero crypto knowledge.
The BICO token is used for governance of Biconomy multi-chain infrastructure. It keeps the network decentralized since it is used as the network fee that incentivizes all the stakeholders to maintain and secure the network. Besides that, the BICO token is also traded on a variety of crypto exchanges.
Should I buy the BICO coin today?
If you are looking to invest in a cryptocurrency whose price seems quite stable, then BICO is the coin to invest in. Its price is not that volatile and it could take hours to change.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Biconomy price prediction
If the coin maintains the current momentum, its price would easily close the year at above $30.
$BICO social media coverage
The post Where to buy BICO coin: a new Web 3.0 related token that is taking the market by storm appeared first on Invezz.