SX, the native token of the SportX betting network, has seen a sharp increase in price over the past 24 hours.
SportX (SX), a decentralized online gambling platform token, has shown an improvement in trading volumes over the past 24 hours. The SX token is currently trading at $1 at the time of writing. The token has just set a new record price and could potentially go up 2-fold from current levels if the bullish momentum is maintained. The surge in the price of the SX token followed a long period of consolidation where the token price traded in a narrow range of $0.5 to $0.7 before the current rally took it to the $1 level.
Where and how to buy SportX in France and elsewhere?
To trade crypto-currencies, all you need to do is open a new trading account. It is recommended to always trade on regulated platforms, as decentralized exchange platforms (DEX) are not as safe.
Registering a new account is easy and can be done by clicking on the sign up or join button on a broker/exchange platform’s website. Provide a username, password and email address and then proceed to account verification. After submitting your identity documents, such as a driver’s license and electricity bill, your account will be approved and you can start trading. You can deposit funds in fiat or crypto, depending on the platform.
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 SportX and why the rise?
SportX is a decentralized gaming platform that runs on the Ethereum blockchain and is also powered by the MATIC network. The SX token is used for governance purposes, offers fee discounts and can also be used to buy and sell games.lement be staked to win rewards. Peer-to-peer betting platforms are a growing business, as the games can be proven fair and run by the community rather than putting users at the mercy of a single company.
Should I buy SX today?
The weekly chart of SportX below shows strong price action, fueled by strong bullish interest. Early adopters could potentially earn huge returns if the current rally continues. The wedge is currently trading around $1 and could double if the whales continue to accumulate wedges.
SportX weekly chart. Source: CoinMarketCap
This article is for informational purposes only – none of its contents should be construed as financial or investment advice.