It might be trading for a fraction of a cent now, but MultiFarmCapital shows great promise. The native token of the experimental yield farming and profit sharing protocol is easily the biggest gainer today. Read on to find out what it is and the best places to buy MultiFarmCapital today.    

Top places to buy MultiFarmCapital now

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

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

What is MultiFarmCapital?

Multi-Farm Capital is an experimental yield farming and profit sharing protocol developed and launched on the Ethereum blockchain. Transaction fees from trading are collected in a treasury which is then utilized to yield farm on various other blockchains. This is done to reduce gas fees. The profits are then used to buy back $MFC to increase valuation. In addition to this, holders get a percentage of the transaction fees in $MFC tokens.

Should I buy MultiFarmCapital today?

MFC was added to CoinMarketCap less than three months ago. Both its price and market capitalization are expected to be very volatile and traders should be extremely cautious if they decide to invest in MFC. It is possible that this coin will go up dramatically, but it is equally likely to plummet.

MultiFarmCapital price prediction

The token has stayed off most major analysts’ radar. The predictions that do exist have been overly bearish. For example, Price Prediction forecasts the average price of MFC might drop to $0.00000006 by the end of this year. It’s currently trading for $0.000001. Digital Coin Price forecasts a drop to $0.00000019 in the same time frame.     

MultiFarmCapital on social media

This post was originally published on Coinjournal.