Multichain (MULTI) coin has been on a relentless bull run since March 18 and its price has risen by 105.1% in the past 14 days.
To help new investors and traders who want to invest in Multichain coin, Invezz has created a brief article explaining what it is and outlining the best places to buy the coin from.
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Best places to buy MULTI token
As MULTI is such a new asset, it’s yet to be listed on major exchanges. You can still purchase MULTI using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy MULTI 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 MULTI
Now that you’re connected, you’ll be able to swap for 100s of coins including MULTI.
What is Multichain (MULTI) coin?
Multichain (MULTI) coin is the native token of Multichain.
Multichain is a cross-chain router protocol (CRP) that provides an infrastructure for on-chain asset interoperability. It aims to become the ultimate router for Web3.
Multichain was formerly known as Anyswap, which rebranded on July 20, 2020. Multichain allows almost all blockchains to inter-operate.
Should I buy MULTI coin today?
If you are looking for a cryptocurrency that has been on a strong bullish trend, then MULTI can be a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
MULTI price prediction
Following the strong performance of the Multichain (MULTI) coin since mid-March, analysts expect the coin to continue rallying and possibly hit $30, before the end of the week
$MULTI on social media
eToro
10/10
68% of retail CFD accounts lose money
Source: https://invezz.com/news/2022/04/06/multichain-multi-coin-has-surged-37-today-here-are-the-best-places-to-buy-it-from/