The SMILE token has seen a clean breakout with gains of 176% in 24 hours.
The SMILE token, a DeFi protocol that aims to provide interoperability through the use of parachains, has jumped in price, and is currently trading at $0.88 at the time of writing. The token could see another 2 or 3 times increase from current levels if the bulls maintain their momentum. SMILE’s price rise has also been accompanied by huge volumes, usually a sign of silent accumulation by investors. DeFi protocols have seen strong investor interest, and SMILE could also follow the price trajectory of other similar corners, if it can establish parachains that will allow integration with other networks.
Where and how to buy Smile in France and elsewhere?
With the growing popularity of crypto-currencies comes a corresponding increase in new trading and brokerage platforms. But not all sites are created equal, and you should stay away from decentralized exchange platforms, as they are not regulated.
Opening an account on a brokerage/exchange site is easy and can be done in a few clicks. All you need to do is provide a username, password and contact information to open a trading account. Then proceed to verification by submitting proof of identity and address. Most reputable platforms ask for verification as it is required as part of the Know Your Customer (KYC) regulations that aim to provide a secure environment for all users. Some platforms may also request a selfie or video call. These procedures may seem cumbersome but are necessary for the security of all users.
We have selected two of the best platforms where you can trade with ease.
eToro is one of the leading trading platforms when it comes to investing in crypto assets. Full of features including copy trading, advanced technical charts and a wide range of trading tools, eToro’s platform is ideal for beginners and pros alike.
Skilling is a CFD trading platform that offers instruments from markets around the world (Cryptos, Forex, Commodities, Indices, Stocks). Our proprietary platform has been designed to be both intuitive and user-friendly so that anyone wishing to enter the global markets can feel confident and secure enough to trade without the fear and intimidation of numbers, charts and acronyms.
What ishat is Smile?
Smile is a DeFi protocol that aims to make decentralized finance easy and accessible to everyone. It plans to ensure interoperability between different DeFi networks and is based on Substrate. The protocol will allow parachains to communicate with other DeFi networks in the future. It is a relatively new token, but it has all the usual features of DeFi platforms, such as lending, staking and users can also provide cash to earn passive income.
Should I buy SMILE today?
The SMILE token has seen a good surge in the last 24 hours and a further surge in price could take it to the $1 level and beyond. The coin has the potential to rise further if the current bull run continues. Early holders could potentially earn good income if the price trend continues in the future.
This article is for informational purposes only – none of its contents should be construed as financial or investment advice.