BAEPAY has surged by more than 300% today, topping the list of big movers
BAEPAY is a governance and rewards token pertaining to MyBae.io, an NFT artwork marketplace and social networking site. The coin has risen sharply in value following the persistently increasing interest in NFT art from both crypto circles as well as the mainstream. With a 330% increase over the last day, BAEPAY has the potential to bring investors huge profits over a very short time span.
Continue reading for the best spots to buy BAEPAY today, as well as more information on MyBae.io.
How & where to buy BAEPAY in the UK and elsewhere
If you want to buy BAEPAY today, you can choose from a huge variety of cryptocurrency brokers and exchanges. To make the choice easier, we’ve assembled a list of the best options out there. Our suggestions are always completely compliant with all the relevant legislation, and these fully regulated sites have excellent reputations in the crypto industry. Sign up and make a deposit to start investing today.
As BAEPAY is such a new asset, it’s yet to be listed on major exchanges. You can still purchase BAEPAY using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy BAEPAY 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 BAEPAY
Now that you’re connected, you’ll be able to swap for 100s of coins including BAEPAY.
What is MyBae.io?
MyBae is an NFT artwork marketplace and sharing platform. The site hosts, sells, and curates work from a community of up-and-coming digital artists in the crypto space, and a few more well-established names also distribute their work on the platform. The site aims to compete with the likes of Raible, Opensea, and SuperRare for market dominance in the NFT art sphere.
The BAEPAY token is used for both rewards in the MyBae ecosystem and also governance votes on the platform. This means that holders of the token are able to debate and decide on how the service runs. Governance votes often cover aspects of the business such as fees, future features, and brand direction.
Should I buy BAEPAY today?
With an astonishing 330% increase today alone, BAEPAY has risen to a price of $0.2952. This upward momentum could very well continue, leading to a potential prolonged rally to the upside. However, the token is still a long way off its all-time high of $1.63, meaning investors are still able to buy in now before previous heights are revisited.
Given the sustained interest in NFT art within the cryptosphere, it is very possible that BAEPAY could indeed reclaim this higher price point in the future.