Marginswap (MFI) has been in a strong upward trend since 23 August. It rose from around $ 0.30 to over $ 2.7 in 2 days, drawing the attention of most crypto investors who are now trying to add the coin to their crypto portfolios. On Wednesday, margin swap rose 79% to $ 3.16.
Due to the increased demand, Invezz has written a short article to explain to investors what Marginswap Coin is and where they can best buy it.
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To find out more about this new coin, read on.
Best platforms to buy margin swap (MFI) coin
If you are interested in buying the margin swap coin, you have come to the right place.
Our team of experts has done thorough research and identified the following as the best platforms to buy Marginswap (MFI) online:
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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 margin swap coin?
The margin swap coin, referred to as MFI, is the native token of the margin swap platform. When you hear about Marginswap for the first time, it is a decentralized exchange (DEX).
Marginswap uses Sushiswap and Uniswap as liquidity providers.
In addition to leverage and spot trading, margin swap users can also access over-secured investments via the platform.
Should I buy a margin swap (MFI) today?
Marginswap (MFI) has excellent prospects of being a good investment, especially after its current uptrend. If you are interested in adding a DEX coin that is in a tremendous upward trend to your crypto portfolio, then the MFI coin could be a good choice.
However, it is important to note that investing in cryptocurrencies is extremely risky due to their price volatility.
Marginswap price prediction
It is difficult to make a decisive price prediction for Marginswap Coin as it is a relatively new cryptocurrency that hit the market this year. In addition, the cryptocurrency market is extremely volatile and large market fluctuations can occur at any time.
Nonetheless, the recent uptrend could be an indication of a long-term uptrend that could push the coin to its all-time high before the end of 2021.
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