Selfkey is a blockchain-based identity platform, which is rallying on news of a recent listing on the biggest exchange in the world by trading volume. It has added almost 11% to its value today.
If you want to know what Selfkey is, if you should invest in it, and the top places to buy Selfkey, you’ve come to the right place.
Top places to buy Selfkey now
As KEY is such a new asset, it’s yet to be listed on major exchanges. You can still purchase KEY using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy KEY 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 KEY
Now that you’re connected, you’ll be able to swap for 100s of coins including KEY.
What is Selfkey?
Selfkey provides individuals, companies, exchanges, fintech startups, and banks with a platform to manage identity data. The core team has worked on decentralized identity since 2014 across companies such as Standard Chartered Bank, Bitmax exchange, EQIBank, and GSR.
The Selfkey wallet is a free, open-source, non-custodial wallet that allows users to securely store and transmit both digital assets and their digital identity.
They can apply for products such as a real-world bank account or company incorporation and pay with KEY in the dedicated Selfkey marketplace.
A traditional KYC process is expensive and often unsafe because data is stored in centralized databases. Selfkey leverages a decentralized approach and cryptographic technologies to dramatically lower the cost and improve security.
It aims to revolutionize the KYC process while remaining true to the belief that each individual should be able to own and control their identity.
Should I buy Selfkey today?
Selfkey can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.
Selfkey price prediction
Trading Beasts is extremely bullish on KEY. They forecast 1 KEY will reach $0.01 by May this year. The expected maximum price is $0.012. Currently, 1 KEY is trading for $0.007.
According to Tech News Leader, Selfkey can go as high as $0.014 in one year. It will be worth $0.045 in 5 years and $0.28 in a decade.
Selfkey on social media
⚠️#KEY 12h recently showed a BREAKOUT above its resisting trend line and is now on EXTREME ALERT as it is setup to more than DOUBLE IN VALUE! With this break, $KEY is positioned to go on an over 105% uphill run to reach the target at $0.0153 and can begin moving quickly!#Selfkey pic.twitter.com/iFhknu0dQu
— JAVON MARKS (@javonnnm) March 6, 2022