Where to buy BORA token: it is up 13% today

The price of the BORA token has been on the rise since the BORA platform completed its migration from Ethereum to Klaytn Network. The coin is almost completing the recovery of the recent price dip and analysts expect it to set a new all-time high before the end of January.

To help investors and traders who are eyeing the Bora token, Invezz has created a brief article to help with identifying the best places to buy it.

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Best places to buy Bora token

As BORA is such a new asset, it’s yet to be listed on major exchanges. You can still purchase BORA using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy BORA 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 BORA

Now that you’re connected, you’ll be able to swap for 100s of coins including BORA.

What is BORA token?

BORA token is the native token of the BORA platform.

If it is your first time hearing about the BORA platform, it is a decentralized entertainment platform for distributing digital content. The participants get some incentives.

BORA platform is a layer 2 platform and it recently migrated from Ethereum to Klaytn Network.

After migrating to Klaytn Network, users were required to swap their ERC-20 BORA tokens into the new Klaytn Compatible Token (KCT) BORA tokens.

Should I buy the BORA token today?

If you are looking to invest in a token that is on the rise, then the BORA token is a good choice.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

BORA price prediction

The current BORA price bullish trend seems to be gathering momentum and analysts expect it to smash through the current all-time high in a few weeks.

$BORA social media coverage