Best exchanges where to buy Audius (AUDIO): it’s on the verge of a major breakout

The price of the Audius (AUDIO) coin has been on the rise since March 13 and analysts believe it found its bottom and is now slowly climbing back up. The majority believe it is only a matter of time before another explosive move.

To help investors and traders who want to invest in Audius, Invezz has created a brief article explaining what it is, where to buy it, and its price prediction.

To find out more, please continue reading.

Best places to buy Audius (AUDIO)

As AUDIO is such a new asset, it's yet to be listed on major exchanges. You can still purchase AUDIO using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy AUDIO 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 AUDIO

Now that you're connected, you'll be able to swap for 100s of coins including AUDIO.

What is Audius (AUDIO)?

Audius (AUDIO), commonly just referred to as AUDIO coin, is the native cryptocurrency of the Audius protocol.

In a nutshell, the Audius protocol is a decentralized music streaming protocol. It was launched on the POA blockchain network but later migrated to the Solana blockchain.

Audius main aim was to provide a solution for the inefficiencies like vague music ownership rights and lots of middlemen between artists and audiences in the music industry.

On Audius, artists can upload, store and distribute music content for fans to listen to for free. Currently, content creators are rewarded through things like being given an opportunity to feature in the weekly trending lists. Audius, however, plans to integrate stablecoins to allow artists to offer paid content.

Should I buy the AUDIO today?

If you want to invest in a cryptocurrency aligned with the music industry, then AUDIO could be a good choice.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

AUDIO price prediction

Crypto market analysts forecast that the price of $AUDIO shall get back above $2.0 by end of April if it continues on the same positive trajectory.

$AUDIO social media coverage

GM, bought $AUDIO

To me it looks like price found a bottom and it's slowly climbing back up.

Only a matter of time before another explosive move. pic.twitter.com/1H6kDpG9XT

— Livercoin (@Livercoin) March 30, 2022

As part of an initiative to make staking $AUDIO easier for the community, we worked with @BlockdaemonHQ to create an easy-to-follow tutorial.

There is a written blog along with a step-by-step video!

Learn more 👇https://t.co/tqcT92jp6M

— Audius 🎧 (@AudiusProject) March 29, 2022

The post Best exchanges where to buy Audius (AUDIO): it’s on the verge of a major breakout appeared first on Invezz.