AMP coin is up 20% after Binance listing: here is where to buy it
- The AMP coin is currently trading at around $0.06265.
- It has risen by about 20% in the last 24 hours.
- Here is a quick guide on the best places to buy the AMP token.
AMP is one of the few cryptocurrencies that have maintained a bullish trend as the majority of cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) nosedived.
To help investors and traders who are eyeing to buy and hold the AMP coin, Invezz has created a brief article to help with identifying the best places to buy it.
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Best places to buy AMP
What is AMP coin?
AMP coin is the native token of the Amp blockchain.
Amp blockchain offers a versatile platform to allow users to collateralize transactions using the AMP token.
Amp uses a system of collateral managers and collateral partitions to offer collateralization. The collateral partitions are designated to collateralize any asset amount that is directly verifiable on the Ethereum blockchain.
The collateral managers on the other hand are smart contracts that can lock, release and redirect collateral in the partitions as required to support the value transfer processes.
Should I buy the AMP coin today?
If you are looking for a cryptocurrency that is on a monster bull run, then the AMP coin is a great choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
AMP price prediction
AMP price has been on the rise as the majority of the crypto market bleeds and the price is expected to go above $0.1 by the end of the year especially due to the Binance listing and the possible consideration by Amazon as a legal payment on its website.