Chromia is an open source public blockchain conceived of by Swedish company Chromaway AB. It is currently trading for $0.92 and has gained 5% today. This article explains what Chromia is, whether it’s worth investing in, and the best places to buy Chromia now.
Top places to buy Chromia now
As CHR is such a new asset, it's yet to be listed on major exchanges. You can still purchase CHR using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy CHR 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 CHR
Now that you're connected, you'll be able to swap for 100s of coins including CHR.
What is Chromia?
Chromia is a standalone Layer-1 blockchain and EVM compatible Layer-2 enhancement for Binance Smart Chain and Ethereum.
It is designed to enhance existing dApps and allow for the creation of next-generation dApps by providing scalability, improved data handling, and customizable fee structures.
The blockchain uses a unique architecture called relational blockchain, as well as a custom programming language called Rell.
Rell is designed to code and function very similarly to SQL, allowing developers to leverage the security and immutability of blockchain while storing and handling data with the efficiency of a relational database.
Each dApp running on Chromia operates on its own sidechain which is rooted in the main blockchain. This allows each application to scale more efficiently and gives each application developer the freedom to choose from a variety of fee structures.
Should I buy Chromia today?
It can be a profitable investment, but take the time to read at least several price predictions before you make any sort of commitment.
Chromia price prediction
Price Prediction forecasts long-term growth. In 2022, they expect the price of Chromia to reach at least $1.25. It can go up to $1.49 this year. In 2023, the price of Chromia is predicted to reach at least $1.82, but $2.23 at most with the average price of $1.89 throughout the year.
The following year, Chromia will trade for at least $2.62. finally, the price is expected to reach at least $3.76 in 2025.
Chromia on social media
https://twitter.com/Phoenix_BTC_/status/1482422614874554368
