Keep Network surges after Coinbase Pro listing: here’s where to buy KEEP coin

Keep off the grass - chalkboard on green grass background

KEEP keeps on rising in value, and because of this, more and more crypto investors are exhibiting interest in the cryptocurrency; a nearly doubled trading volume in the last 24 hours is a testament to this.

Because of this increased demand, we thought it would be helpful to release an article detailing all the key things you need to know about Keep Network. We delve into what the network is and what it does, what its investment prospects are going forward, and we also provide the two best places to buy KEEP crypto both in the UK and elsewhere.

How & where to buy KEEP coin online

The best place to buy Keep Network coin online is a reliable cryptocurrency broker. While plenty of crypto investors choose to buy altcoins through a decentralised exchange (DEX), we feel online crypto brokers are the best options for the vast majority of investors and traders. They are regulated, have low fees, and are extremely easy to use.

Here are our two top picks:

eToro

eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 14 Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.


Register with eToro instantly

AVATrade

Ava Financial Ltd operates the AvaFX and AvaTrade forex brands and all business associated with them. The company has a branch office in Dublin, Ireland, which enabled it to get an operational license from the Irish authorities.


Register with AVATrade instantly

What is Keep Network crypto?

It was founded in 2017 by crypto industry veterans, Matt Luongo and Corbin Pon, who previously founded the Bitcoin rewards app, Fold. Keep is an incentivised network that allows users to store and encrypt private data on the public blockchain.

The network is comprised of off-chain containers that sore private data, known as keeps, and the KEEP native token allows completely permissionless access and is censorship resistant. Essentially, the platform solves one of blockchain’s greatest conundrums: data on public blockchains is public. Using Keep, developers can now create fully decentralised apps.

You can earn additional KEEP tokens by staking on the network, and the token itself functions with dividends and a slashing model to incentivise node security.

The Keep Network offers a whole host of applications, such as Keep Random Beacon, tBTC (a decentralised Bitcoin bridge on Ethereum), Keep Token Dashboard, Keep Stats, and All the Keeps.

The project launched on April 27th, 2020 with 1 billion KEEP tokens created, and this cap is permanently fixed and will never be exceeded. There are currently around 500 million coins in circulation.

Should I buy KEEP coin?

If you want to get involved with the staking side of the network, or you want to speculate on the future price accretion of KEEP tokens, buying and holding for the long term could prove to be a good move.

Furthermore, if you would rather trade KEEP coin for a short-term profit, the increased interest it is currently experiencing will heighten volatility, giving you more opportunities to turn a profit.

However, before you invest in Keep Network, make sure you conduct your own extensive due diligence. Early-stage altcoin projects are never guaranteed success, and there are plenty of technological hurdles and competition to conquer before sustainable value can be created.

On the whole, we are big fans of the value proposition on show here, and we will continue to monitor the platform keenly.

KEEP price prediction

Providing a price target for KEEP, or any other early-stage altcoin, is an unreliable art. The sheer number of variables, the volatility of the cryptocurrency space and the potential of unpredictable market sentiment shifts all combine to make calucarting the fundamental value of some cryptocurrencies incredibly difficult.

However, what we can say is that Keep Network is a project we expect to see create accretive value for tokenholders, at least in the short term.

Social media gives its views on $KEEP

For more on KEEP crypto and other trending cryptocurrencies, make sure you check out our latest crypto news.

The post Keep Network surges after Coinbase Pro listing: here’s where to buy KEEP coin appeared first on Invezz.

Publication date: 
06/16/2021 - 13:11
Disclaimer

The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.