Internet Computer is skyrocketing on news of Ethereum integration: here’s where to buy ICP
A new cross-chain bridge connection between Ethereum and Internet Computer will make it possible to support native ERC20 tokens on the ICP network. If you are attracted to unique features and want to learn how and where to buy ICP, this guide is for you.
Top places to buy ICP now
As ICP is such a new asset, it's yet to be listed on major exchanges. You can still purchase ICP using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy ICP 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 ICP
Now that you're connected, you'll be able to swap for 100s of coins including ICP.
What is ICP?
The Internet Computer is the world’s first blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum — a blockchain computer that scales smart contract computation and data, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of software — providing a revolutionary new way to build tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites. The project was founded in October 2016 by Dominic Williams, and attracted notable interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters.
Should I buy ICP today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
ICP price prediction
Wallet Investor is very bearish on this token, going so far as to predict its crash. They forecast that the price of Internet Computer will drop to $2.84, a value loss of 90%. It seems history supports such a prediction. The value of 1 ICP was $700 when the protocol launched in May this year.
ICP on social media
#ICP $ICP pic.twitter.com/WeiYTEsEfw
— Allawi CR7 (@Allawi95e) December 15, 2021
The post Internet Computer is skyrocketing on news of Ethereum integration: here’s where to buy ICP appeared first on Coin Journal.
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Daniela Kirova, Khareem Sudlow