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If you have been following the cryptocurrency marketplace in the last few days, you may have noticed one of the biggest gainers: EverRise (RISE).

EverRise coin has risen ever higher in the last 24 hours, climbing more than 20% and attracting the interest of many investors. This latest surge consolidates a steady sequence of progress for RISE coin after it launched a few days ago.

With EverRise trading volumes rising and investors growing increasingly interested, we thought it would be helpful to cover the key things you need to know before you invest in EverRise crypto. To kick things off, let’s explain the best places to buy EverRise tokens both in the UK and elsewhere.

To buy RISE crypto, choose a reliable cryptocurrency broker, sign up, fund your account, search for RISE coin, enter the number of coins you wish to purchase and execute the transaction.

While some crypto investors prefer to use decentralised exchanges (DEXs), we recommend using an online crypto broker because they offer the lowest fees and the most reliable service. Here are out two top picks:

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.

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Safemoon Trader is a trading software offering users a wide range of cryptocurrency coins including SAFEMOON, DOGE and Bitcoin.

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It is a hyper-deflationary cryptocurrency token that runs on the Binance smart chain and rewards tokenholders. In addition, it incorporates the first ever automatic buyback approach in the crypto sector, an approach commonly seen with stocks in the stock market.

As for what exactly a buyback is, in the context of stocks, if a stock has a low value but has the potential to perform well further down the line, companies will often announce a buyback in the open market. This gives investors the confidence to purchase more of the stock and hold it for the long term. Essentially, in a crypto investing context, it is when the developers double down on a project.

As the developers begin buying more EverRise coin, demand will increase and the price should rise as a consequence.

If you believe in the concept the development team is trying to put into practice, then now could be a good time to make an entry ahead of long-term price accretion.

However, make sure you recognise the significant risks. The cryptocurrency space is incredibly volatile, and this is especially true for new altcoins, so expect a rocky road if you do invest and accept the possibility of losing some or all of your capital. If this is a risk you are willing to take, now may be a good time to get involved.

This is extremely unlikely given the competitiveness of the crypto space. Thousands upon thousands of blockchain projects are vying for the capital of investors, and only a few will experience an exponential price surge. However, it is always a possibility, and it may be less remote than buying something like a lottery ticket.

We cannot currently provide a price prediction for RISE coin. It hasn’t been trading for long enough and there are simply too many unknowns and variables to calculate its fundamental value accurately.

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Find out more about RISE cryptocurrency and other trending coins on our crypto news page.

The post EverRise is today’s hottest crypto: here’s where to buy RISE coin appeared first on Invezz.

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