2022-4-5 17:28 |
district0x (DNT) coin started the week by surging to above $0.2 following a very strong bullish rally that started on Friday, April 1. It has risen from trading at about $0.08347 to its current price of $0.1639 which is more than double.
To help investors and traders wanting to invest in district0x, Invezz has created a brief article explaining what district0x coin is and the best places where they can buy it from.
To find out more, please continue reading.
Best places to buy district0x (DNT)As DNT is such a new asset, it's yet to be listed on major exchanges. You can still purchase DNT using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy DNT 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 MetaMaskYou'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the Uniswap DEXHead to Uniswap, and 'connect' your wallet to it.
4. You can now swap your ETH for DNTNow that you're connected, you'll be able to swap for 100s of coins including DNT.
What is district0x (DNT) coin?district0x (DNT) coin, commonly just denoted as DNT or $DNT, is the native cryptocurrency of the district0x platform. it is an ERC-20 token that is mostly used as a governance token.
In a nutshell, the district0x platform is a platform that allows users to easily launch their own decentralized applications (platforms) that are governed by decentralized organization (DAO) structures. It is commonly referred to as a “network of decentralized markets and communities.”
Each of the decentralized platforms launched on district0x is called a ‘district’ and district0x does not charge to launch these districts.
The district0x platform uses a combination of three main technologies: Ethereum, InterPlanetary File Transfer Protocol (IPFS), and Aragon.
Ethereum is used for hosting districts, Aragon is used as the governance layer for the district0x network to allow DNT stakers to benefit from governance rights and help shape the development and operation of their chosen districts, and IPFS is used for serving the district0x website source code and for user uploads within districts.
Should I buy DNT coin today?If you are looking to invest in a cryptocurrency that has surged massively since the beginning of April, then the DNT coin could be a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
district0x price predictionThe majority of analysts believe district0x shall continue on its current bullish trend for the remaining part of April and possibly go past its current all-time high of $0.4964 by the end of the month.
$DNT social media coverageVery honest. $DNT #district0x get a monster-pump, but even the team doesn't know why. Encourages me to #HODL this even longer 😎 https://t.co/QnKpMvOpD2 pic.twitter.com/Fyc2tNEjIF
— Hans (@Svenholm6) April 4, 2022#dnt #district0x Giving 100% profit in less than 5 hours 😂 and you are still thinking about #VET #VeChain to go up?😂 Day dreaming pic.twitter.com/dT4PKgkoQL
— Vishuchourasia (@Vishuchourasia1) April 3, 2022The post Where to buy district0x (DNT) coin: it has surged by more than 96% today appeared first on Invezz.
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