The Serum Token is currently trading at $ 7.85 and the bulls have regained control and appear determined to push the price to $ 9 and beyond. The current rally could expand if the whales keep interest. The price of the SRM token could potentially increase twenty-fold or triple if volumes continue to rise in the future. The coin could also break through its all-time high, currently at $ 13.78, if the current rally continues in the future.
How and where to buy serum in Germany and elsewhere
To trade cryptocurrencies, you need to register an account on a cryptocurrency exchange/broker platform. The whole process is simple and all you need to do is provide a username, password and email address. The site will ask you to provide documents such as a driver’s license and utility bill to verify the account. This additional measure is required as part of the regulation of Know Your Customer (KYC).
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Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the largest cryptocurrency exchanges on the market.
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What is serum and why does the course increase?
Serum is a decentralized platform for trading cryptocurrencies, but offers an order book like the central exchanges. It is easy to use and runs on the Solana blockchain network. The SRM Token is the native cryptocurrency of the Serum network and offers many benefits to its holders. The user can get up to 60% discount if the fees are paid in SRM. The Serum Token can also be staked to generate additional passive income. The SRM network is also cross-chain compatible with other popular blockchains.
Most decentralized exchange tokens are currently experiencing an upswing as China takes a hard line against centralized platforms.
Should I buy SRM today?
The Serum Token has experienced a sharp increase of 12% and the token could reward its early owners if the price increase continues in the future. The SRM token could continue to recover if the whales continue to accumulate large amounts in the future.
The coin is ready for further price gains and short-term traders could also use price volatility for quick gains.
This article is for information purposes only – none of the content should be construed as financial or investment advice.