JasmyCoin (JASMY) is a cryptocurrency with a wide variety of use cases, which is about to break $0.1 after adding 43% to its value in less than one day. This guide explains what JASMY is, whether it’s a good investment, and the best places to buy JASMY now.

Top places to buy JasmyCoin now

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

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

What is JasmyCoin?

JasmyCoin is a token based on the ERC 20 standard, which businesses and people can use to transfer tokens using digital devices as payment for services or proof of value exchange. There is no limit to the number of entities that can transfer it, rendering it suitable for a wide variety of purposes.

The primary purpose of the JASMY token is as payment for personal data from IoT devices. Currently, it’s the only valid currency on the Jasmy network. As more organizations turn to Jasmy, the demand for JASMY tokens will increase.

Should I buy JasmyCoin today?

JasmyCoin’s recent gains have been splendid, but they can be reversed easily. Never invest more in this volatile asset than you’re prepared to lose.

JasmyCoin price prediction

Digital Coin Price has a bullish outlook on JasmyCoin. They predict it will trade for $0.15 this time next year. In 2 years, its price will reach $0.22. In 2024, it will be worth as much as $0.23. The following year, its price will have dropped down to $0.22. However, it will be changing hands for $0.29 in 5 years.

JasmyCoin on social media

This post was originally published on Coinjournal.