The price of Tidal Finance (TIDAL) coin is rallying today after Tidal Finance announced the Perpetual Protocol cover purchase. Perpetual protocol users will get protected for depositing USDC and they can adjust the cover amount anytime.
To assist crypto investors with an interest in the Tidal Finance (TIDAL) coin, Invezz has created this brief article on where to buy the TIDAL coin while also explaining what it is and giving its price forecast.
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To find out more about TIDAL coin and where to buy it, continue reading.
Best places to buy TIDAL coin online
As TIDAL is such a new asset, it’s yet to be listed on major exchanges. You can still purchase TIDAL using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy TIDAL 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 TIDAL
Now that you’re connected, you’ll be able to swap for 100s of coins including TIDAL.
What is Tidal Finance?
Tidal Finance is an insurance market built on the Polkadot blockchain. It is similar to Balancer and its native token is called TIDAL.
Tidal Finance allows users to create custom insurance pools for one or more crypto assets. The users are then rewarded with a portion of the returns generated from their deposits.
The insurance pools attract both buyers and liquidity providers and buyers.
Should I buy $TIDAL today?
If you are looking for a cryptocurrency that has made a major bullish stride today, then TIDAL could be a good choice.
However, buying cryptocurrencies can be very risky because the crypto market is very volatile; meaning they experience very large sudden price changes.
Tidal Finance (TIDAL) price prediction
According to analysts, TIDAL is expected to rally above $0.0014 by the end of this week.
$TIDAL social media coverage
eToro
10/10
68% of retail CFD accounts lose money
Source: https://invezz.com/news/2022/04/29/best-places-to-buy-tidal-finance-tidal-coin-its-up-60-today/