Aelf is an open-source blockchain network designed as a complete business solution. Its token ELF is currently trading for $0.34 and has gained 8.37% today on news of the Top of Oasis hackathon.
Look no farther than this quick guide for all the details surrounding Aelf: what it is, can it be a valuable investment, and the best places to buy Aefl now.
Top places to buy AELF now
As ELF is such a new asset, it’s yet to be listed on major exchanges. You can still purchase ELF using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy ELF 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 ELF
Now that you’re connected, you’ll be able to swap for 100s of coins including ELF.
What is AELF?
Aelf’s unique structure of ‘one main-chain + multiple side-chains’ can support developers to independently deploy or run DApps on individual side-chains to achieve resource isolation.
Its technology uses parallel processing and the AEDPoS consensus mechanism. Based on the cross-chain technology of the main-chain index and verification mechanisms, Aelf achieves secure communication between the main-chain and all side-chains.
It meets the governance needs of varying applications by providing different models. Through the incentive model, the network is equipped with a self-sustainable system and can self-develop.
Simultaneously, developers can debug, develop and deploy applications based on the mature IDE that the network provides.
Aelf has also launched Aelf Enterprise, an enterprise-level integrated blockchain solution meeting the requirements in different business scenarios.
Should I buy AELF today?
Aelf can be a profitable investment if its price keeps rising, for which there is no guarantee. Take all investment advice with a grain of salt.
AELF price prediction
According to Digital Coin analysis, the price of Aelf will reach $2 in five years. It will go up to $0.72 by 2023, then decline slightly before it continues its ascent. Based on this forecast, Aelf can be a profitable long-term investment.
AELF on social media
For this day, the Biggest riser coin is AELF, its rise up 7.41 %. Get 25% cashback on trading fees at OMGFIN for all AELF Trading pairs.@coingecko @CoinMarketCap #aelf #elf #defi pic.twitter.com/eoYmFeGT7m
— Omgfin (@omgfin) January 24, 2022
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