2022-1-4 13:38 |
Although Powerledger (POWR) is on a go-slow today, the coin has been among the few coins that have made tremendous strides in the last few days.
As the crypto market surge as the year starts, analysts believe POWR could shoot to the moon in 2022.
To help investors and traders who are eyeing the Powerledger token, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy Powerledger (POWR)As POWR is such a new asset, it's yet to be listed on major exchanges. You can still purchase POWR using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy POWR 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 MetaMaskYou'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the Uniswap DEXHead to Uniswap, and 'connect' your wallet to it.
4. You can now swap your ETH for POWRNow that you're connected, you'll be able to swap for 100s of coins including POWR.
What is Powerledger (POWR)?Powerledger (POWR) is the native token of the Powerledger blockchain-based platform that was developed by Power Ledger Technology Company to enable tracking and trading of energy while allowing for flexibility of services.
The Power Ledger Technology Company bui8lds software for distributed and decentralized energy markets with a sustainable future in mind. Its main objective is to provide a platform for a fully modernized, market-driven grid that offers consumers a choice in their energy while driving the democratization of power.
The POWR token is an ERC-20 token and it is used as a utility token within the Powerledger blockchain platform.
Should I buy the POWR token today?If you are looking to invest in a token that is on the rise, then the POWR token is a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Powerledger price predictionAnalysts expect the price of Powerledger (POWR) to rise above $1.0 in 2022 as the coin rises towards its all-time high of $2.01 that it set in January 2018.
$POWR social media coverage$POWR is being pumped right now.
Resistance; 0.70$
If that breaks then 1$
If that breaks then 1.6$
Eventually this should dump back to 0.40-0.50$ pic.twitter.com/f5ITp6Iavv
$POWR 👀 looks like it wants to go to $0.885
— BlueCrypto (@BlueCrypto_) January 3, 2022The post Where to buy Powerledger (POWR) token: it is up 39% in the last 7 days appeared first on Invezz.
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