IDEX price rises by over 145% in two days: you can buy IDEX coin here

IDEX coin unleashed a monster bull run on January 31 and the bullish trend is still on as the coin tries to correct the recent three months of free fall from its all-time high of $0.9745.

Today, IDEX is up 77% (by the time of writing), and the bullish trend seems to be gathering momentum.

Because of the increased demand for the IDEX coin among investors resulting from the current price surge, Invezz has created a brief article to help investors understand what IDEX coin is and also assist them in finding the best places where they can buy it.

To find out more, please continue reading.

Best places to buy the IDEX coin online

As IDEX is such a new asset, it's yet to be listed on major exchanges. You can still purchase IDEX using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy IDEX 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 Uniswap DEX

Head to Uniswap, and 'connect' your wallet to it.

4. You can now swap your ETH for IDEX

Now that you're connected, you'll be able to swap for 100s of coins including IDEX.

What is IDEX?

IDEX token is the native cryptocurrency of the IDEX cryptocurrency exchange.

If it is your first time hearing about IDEX, it is a hybrid decentralized exchange. It is a decentralized exchange that offers decentralized security and community ownership. It uses an order book it is also an automated market maker.

It was initially built on Ethereum though it is now available on other blockchains including Binance Smart Chain (BSC) and Polkadot.

IDEX holders enforce the validity of the off-chain ledger to ensure that the network is secure. In return, the stakers earn a staking reward of 50% of the transaction fees.

Should I buy IDEX today?

If you are looking for a cryptocurrency that has bounced back strong after the recent bear market, you could consider IDEX coin.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

IDEX price prediction

Going by the recent price movements, IDEX price is anticipated to continue with its bullish trend at least for the rest of February. However, it is always important to keep in mind that the cryptocurrency market is extremely volatile and it can unleash surprising moves.

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