Whenever a big event occurs on the market – almost any market – a cryptocurrency reflecting it soon follows.
After Elon Musk bought Twitter, the fact was quite literally reflected: we now have a token called Elon Buys Twitter (EBT). It was up 3,000% in Asian hours today and its price continues to grow.
If you want to know what EBT is, if it can give you good returns, and the top places to buy EBT, you’ve come to the right place.
Top places to buy EBT now
As EBT is such a new asset, it’s yet to be listed on major exchanges. You can still purchase EBT using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy EBT right now, follow these steps:
1. Buy BNB on a regulated exchange or broker, like Binance ›
We suggest Binance 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 BNB 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 Pancakeswap DEX
Head to Pancakeswap, and ‘connect’ your wallet to it.
4. You can now swap your BNB for EBT
Now that you’re connected, you’ll be able to swap for 100s of coins including EBT.
What is EBT?
EBT gives meme creators a chance to monetize their work. It was created to help aspiring meme creators showcase their talent as well.
The platform is in the process of developing several revenue-generating features. There are plans to launch a series of lazy games with a play-to-earn opportunity.
Its long-term goal is to establish itself as an industry leader in the DeFi sector.
Should I buy EBT today?
EBT can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value.
EBT price prediction
Elon Buys Twitter is a very new asset and there are no reliable predictions. Only Price Prediction has ventured to forecast, but it’s somewhat off. They predict it will be worth $0.000003 next year, which is its current price.
EBT on social media
Elon about to bring back everyone banned on Twitter pic.twitter.com/PVnb4Zu7ZU
— Tim Pool (@Timcast) April 25, 2022
The post You can now buy EBT, the hottest new coin: here’s where appeared first on Coin Journal.