How to trade ALICE coin
The term “blockchain” is usually associated with something complex, incomprehensible, and intimidating for an ordinary user. But all this does not apply to the MyNeighborAlice project at all. This is a multiplayer game based on blockchain technology, where you can not only have fun, but also monetize it.
What is My Neighbor Alice (ALICE)?
MyNeighborAlice is a multiplayer social online game in which you can buy and manage virtual islands, build various buildings, create game items, and communicate with other participants. In addition to the entertainment component, the platform contains functionality for working with NFT (non-fungible token).
The game world is a place where virtual people and animals interact, you can work, make friends, manage your territories. To join, anyone can buy a plot of land, and then engage in various activities-from beekeeping to fishing. Interactions with game characters and objects give a reward, which can later be exchanged for useful items. The plots can be decorated and built up at your discretion. This makes them unique. For experiments with the landscape, NFTs are used. They are represented in the form of animals, plants, buildings, etc. The game has a Free-to-Play system in which monetization will occur due to in-game purchases. There are two tools for those who want to monetize their creativity: NFT Creator и Game Creator.
Why should I trade ALICE?
The ALICE cryptocurrency is currently an extremely discussed asset, the capitalization of which is growing rapidly. You can consider a coin as a great way to earn money for a number of reasons:
- The project’s investors include world-famous companies such as Genesis Block, X21 Digital, Bitcale Capital, and others, which gives good reasons to believe that success is inevitable.
- Immediately after the launch of trading on Binance, the quotes skyrocketed. It can be assumed that after listing on other reputable exchanges, the same thing will happen.
- The project is developing in the gaming segment, where millions of dollars are spinning. And players are gambling people who will thereby contribute to increasing the value of the asset.
ALICE coins began trading in mid-March 2021, and today (August 3, 2021) the value of one coin has reached $12.16. The project is rapidly increasing its market capitalization, which currently stands at $255,423,106. The minimum asset price was fixed on June 22, 2021 and amounted to $3.19.The coin reached a record value of $42.55 on March 15, 2021.
Where to trade ALICE?
You can trade ALICE on a large number of platforms, among the best of them:
- Binance — an unshakable leader among exchanges, the first reputable exchange that included ALICE in the list of traded cryptocurrencies. Minimal fees and an excellent reputation make the exchange the best among its competitors.
- Daily withdrawal limit: 0.06 BTC (Without KYC).
- Tokocrypto — supports several dozen popular and rare cryptocurrencies. Transactions are carried out unprecedentedly quickly and with low fees, thanks to the placement in the Binance Smart Chain (BSC) network.
- Daily withdrawal limit: 0 BTC (Without KYC).
- 7b — a cryptocurrency broker that also operates on the basis of BSC. Supports all cryptocurrencies that have been listed on Binance. Provides a better user experience and increased security.
- Daily withdrawal limit: 2 BTC (Without KYC).
How to trade ALICE using the 7b crypto broker app?
Are you looking for a platform where you can trade quickly, safely, and most importantly conveniently? Welcome to 7b, this is the best place for profitable ALICE trading. Our team has tried to make trading as simple and convenient as possible, so you can start trading without much effort. And if you still have any questions, we are always happy to help. Follow the steps below to quickly buy or sell ALICE:
- Install the 7b app.
- Create an account and come up with a reliable passcode.
- Top up your balance with any of the 400+ cryptocurrencies.
- Select a trading pair.
- Enter the amount to buy or sell.
- Click “Buy”.
Where to exchange ALICE?
ALICE exchange is available on a number of crypto exchanges, brokers, swap platforms and so on. Exchange for crypto exchanges is a more complex method that requires some preparation, due to the usual complex interface. Exchange using a broker or swap platform is the fastest and easiest way. But there are a number of differences between these options, consisting in their pros and cons:
The list of popular places to exchange ALICE includes:
- Uniswap — a protocol for exchanging tokens of the ERC-20 standard. The exchange of tokens takes place through automatic liquidity pools of each trading pair.
Service fee: 0.3%.
- PancakeSwap — a decentralized exchange built on the BSC. You do not need to register, you just need to link your wallet to the exchanger.
Service fee: 0.25%.
- CoinSpot — a secure exchanger with an intuitive interface. Verification is required for the exchange.
Service fee: 1%.
What to know before exchanging ALICE?
Before clicking on the “Swap”, make sure that you have observed all the precautions that can significantly minimize the risk of financial losses:
- Check the reputation of the exchanger, reviews and volumes.
- Find out the fees charged. The exchanger does not always write directly about them, most often they are included in the exchange rate.
- Double-check the entered wallet address.
How to buy ALICE for fiat?
You can exchange your fiat for cryptocurrency very quickly using the services of the fiat gateway. But unfortunately, the ALICE cryptocurrency is still too young a project and it is necessary to make some efforts to exchange your fiat for ALICE. For example, you can buy a coin for AUD on the CoinSpot platform. However, if this method does not suit you, you can exchange about 14 different fiat currencies for ALICE on the Binance exchange. To do this, you will need:
- Log in to your account and navigate to the “Buy crypto” section.
- Choose a fiat currency and a cryptocurrency.
- Enter the fiat amount.
- Enter your card details and billing address.
- Within one minute, check the entered data (after a minute, the amount will be recalculated at the latest market value).
- You will be transferred to your bank’s OTP Transaction Page, where you will need to complete the transaction.
ALICE token use cases
The main use cases of the native Alice token includes:
- Payment for purchases in the game. Purchase of collectible NFTs, land plots, animals, items, etc.
- Earning on in-game events. Players will receive rewards in Alice tokens being involved in gaming activities.
- Stacking. Players can use Alice tokens for stacking and receiving passive earnings.
- Governance token. Token holders will be able to vote for decision-making in in-game processes, and the distribution of awards.
Is ALICE a good investment?
Yes, ALICE coins are a profitable long-term investment. The project is still extremely young, but with good growth prospects. The price can increase significantly after the coin is included in the list of traded assets on reputable exchanges, as well as with the development of the game and attracting new users.
How do I invest in ALICE?
Since the ALICE coin is a new cryptocurrency, it should be bought with caution in large quantities. Do not invest more than 30% of your available funds in investing. To buy for fiat, you can use the services of Binance. On 7b, you can exchange your existing cryptocurrency for ALICE by logging into your account, replenishing your account, selecting a trading pair, and entering the desired amount.
How to trade ALICE for beginners?
Diversify your cryptocurrency portfolio with high-capitalization coins (since they are among the most reliable). So there is a better chance that when the exchange rate of one coin falls, you will stabilize the loss due to the growth of the other. In order to use the services of 7b, you need to pass verification, top up your account, choose ALICE for trading, and enter the purchase amount.
What is ALICE Blockchain?
MyNeighborAlice is a multi-user builder/architect game operating on the basis of the blockchain. In this game, users can buy an island and equip it to their taste, as well as collect and create game items that are NFTs. In addition, the game provides earnings by exchanging game currency.
Original source — https://sevenb.io/blog/how-to-trade-alice-coin/