The Earnbase token saw a huge rally after consolidating between the range of $2.48—$3.5 for the past week. The ENB coin could see another 30-40% gains if the current rally continues in the future. The coin looks poised for another leg of the rally which could materialise soon if the bulls retain interest.
How & where to buy Earnbase in the UK and elsewhere
If you’re interested in purchasing crypto tokens, then you will need to register an account on a crypto exchange/broker site. The account opening process is simple and all you need to do is submit a username, password and contact details such as phone number and email address. The site will contact you via email and ask you to verify the account as per the Know Your Customer (KYC) regulations. You will be required to submit copies of documents such as a driving license and utility bill to prove your identity. At this stage, you can deposit funds and start trading. Avoid trading on decentralised exchanges as they are unregulated.
For your benefit, we have shortlisted two of the best platforms where you can trade securely.
As ENB is such a new asset, it’s yet to be listed on major exchanges. You can still purchase ENB using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy ENB 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 ENB
Now that you’re connected, you’ll be able to swap for 100s of coins including ENB.
What is Earnbase?
The Earnbase platform aims to simplify DeFi for retail investors. It provides automatic yield aggregation and yield farming for its users. The native token, ENB is used as a governance token within the network. The Earnbase network also plans to launch staking rewards soon.
Should I buy ENB today?
Below is the weekly chart for the Earnbase token that shows a sudden spurt in trading volume before the current price spike. The coin is poised for another rally if the whales decide to buy more tokens.
Earnbase weekly chart. Source: CoinMarketCap
The ENB token could reward its early holders with huge gains if the coin continues to rally in the future. Traders could also exploit the price volatility for short term gains.
This article is informational only—none of the contents should be construed as financial or investment advice.