The Harmony (ONE) token has seen a strong 12% rise in one day, with the corner trading at the $0.15 level.
The Harmony token has traded in a narrow range of $0.09 to $0.12 over the past 3 months, and a strong spike yesterday shows that the token is poised for a bullish rally that could eventually take its prices towards the $0.20 region soon. The wedge is trading sideways near the $0.15 region, but another rally could push prices towards the all-time high of $0.20. Bulls are eager to take control and price action could benefit if its trading volume continues to increase.
Where and how to buy Harmony in France and elsewhere?
Trading crypto currencies is easy and all you need to do is open a new trading account with a broker/exchange platform. Select an appropriate platform based on your needs and budget. Make sure the platform is regulated, as unregulated decentralized exchanges (DEX) can be risky and you could lose all your funds.
To open an account, you will need to provide an email address, username and password. The platform will then ask you to verify your details by providing proof of identity and residence. You can submit standard documents such as a driver’s license and electricity bill. Once the account is approved, you can deposit funds using a debit/credit card or bank transfer and start trading.
We have selected two of the best platforms where you can trade easily and safely.
eToro is one of the leading trading platforms when it comes to investing in crypto assets. Packed with features including copy trading, advanced technical charts and a wide range of trading tools, eToro’s platform is ideal for beginners and pros alike.
Pepperstone was founded in 2010 in Melbourne, Australia by a team of experienced traders with a common commitment to improving the world of online trading. Frustrated by delayed executions, expensive pricing and poor customer support, they set out to provide traders around the world with superior technology, low cost spreads and a genuine commitment to help master trading. Their mission is to create a tech-savvy trading world, where ambitious traders can embrace the challenge and opportunity of global markets.
What is Harmony?
Harmony offers cross-channel compatibility and has also integrated the sharding, reducing costs and increasing throughput. The network also uses zero-knowledge proofs to ensure user privacy. The entire Harmony sharding network is decentralized to prevent attacks. The ONE token is used for governance purposes, for payment of transaction fees within the network and for staking.
Should I buy ONE today?
Below, the weekly chart of Harmony shows a clear price spike after a long period of consolidation. Early investors could be rewarded with good returns if the current bull run continues over the next week.
Weekly chart of Harmony. Source: CoinMarketCap
Harmony was one of the first sharding-based networks to introduce staking for its users, and the ONE token may attempt to reach its previous ATH soon.
This article is for informational purposes only – none of its contents should be construed as financial or investment advice.