Amp is a lucrative token that offers a flexible, yet straightforward interface for verifiable collateralization through a system of collateral partitions and collateral managers. Its recent listing on Binance helped propel it to new heights. Here are the best places to buy AMP now.
Top places to buy AMP now
As AMP is such a new asset, it's yet to be listed on major exchanges. You can still purchase AMP using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy AMP 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 1Inch DEX
Head to 1Inch, and 'connect' your wallet to it.
4. You can now swap your ETH for AMP
Now that you're connected, you'll be able to swap for 100s of coins including AMP.
What is AMP?
Amp is a new kind of digital collateral token that provides instant, verifiable proof of any type of value transfer. Collateral managers like Amp are smart contracts that can lock, release, and redirect collateral in partitions as needed in order to support value transfer activities.
Conversely, one can design collateral partitions to collateralize any account, app, or transaction and carry balances that can be verified on the Ethereum blockchain directly.
Should I buy AMP today?
AMP seems like a good investment, but it’s always good to exercise caution even against the backdrop of the most optimistic scenario.
AMP price prediction
According to Coin Quora, AMP will reach as much as $0.12 in the first half of 2022. This will be followed by a price adjustment, but only a slight one. The token will drop to around $0.095 in the second half of next year. As for 2023, the price of AMP can move up to $0.15 and to $0.25 in 2024.
AMP on social media
— KRYPTOKING (@KingKotee) November 23, 2021