IDEX token registers a 315% rise in 24 hours: here are the best places to buy it
- IDEX token is currently trading above $0.3.
- It has been on a bullish trend since July 20.
- Scroll down to find out more.
The price of IDEX token unleashed a monster bull ran on September 3, and it has sustained the rally to date registering a 315% rise in the last 24 hours. As a result, investors are scrambling for the coin for fear of being left out because there are speculations that the prices will move even higher in the coming months.
Because of the increased demand for the IDEX coin among investors, Invezz has created a brief article to assist the investors to understand what IDEX coin is and also assist them to find the best places to buy it.
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How & where to buy the IDEX token online
Wondering how and where to buy the IDEX token online? Well, you are in the right place. All you have to do is to find a reliable exchange, open a trading account, and deposit funds (either fiat or crypto depending on the allowed form) to purchase the amount of IDEX (IDEX) you want.
According to our team of professionals, here are some of the best platforms where are you can buy IDEX online:
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.
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is an IDEX token?
IDEX token is the native cryptocurrency of the IDEX cryptocurrency exchange.
If it is your first time hearing about IDEX, it is a hybrid decentralized exchange. It is a Centralized exchange that offers decentralized security and community ownership. It uses an order book it is also an automated market maker.
It was initially built on Ethereum though it is now available on other blockchains including Binance Smart Chain (BSC) and Polkadot.
IDEX holders enforce the validity of the off-chain ledger to ensure that the network is secure. In return, the stakers earn a staking reward of 50% of the transaction fees.
Should I buy IDEX today?
IDEX coin has shown great prospects of being a good investment opportunity by its recent bullish trend. Gaining over 300% in a single day is not a mean achievement and if you had invested in the coin you would be talking of increasing your investment by over 300%.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
IDEX price prediction
Going by the recent price movements, IDEX price is anticipated to continue with its bullish trend in the remaining part of 2021 and into the future. However, it is always important to keep in mind that the cryptocurrency market is extremely volatile and it can unleash surprising moves.