Skale Network’s token SKL rallied yesterday, entering the top 100 crypto coins by market cap. It currently ranks at 89th place and has increased its value by more than a fifth.

One reason is developers’ increased interest in blockchain technology. Skale yesterday announced that CLET Name Service will be launched on the platform.

For all details about SKL, read this article: What is it, what is it good for, and where to buy SKL.

Here are the top places to buy SKL right now

SKL, being a brand new asset, is not yet listed on major exchanges. SKL can be bought using a DEX (decentralised exchange), however, there are a few more steps. Follow these steps to purchase SKL today:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We recommend eToro, which is a multi-asset trading platform that’s renowned worldwide. It’s an exchange and wallet combined with some of industry’s lowest fees. It is user-friendly and provides more payment options than any other service.

2. Send your ETH to a compatible cryptocurrency wallet such as Trust Wallet, MetaMask.

To create your wallet and get your address, you will need to send your coins.

3. Connect your wallet and the Uniswap DEX

Visit Uniswap to ‘connect’ you wallet.

4. Now you can swap your ETH to SKL

You can now exchange for 100s of coins and SKL once you are connected.

What is SKL?

SKALE is an elastic ecosystem that aims at improving Ethereum’s scalability. It also aims to lower payment costs, reduce latency, and increase transaction capacity.

The goal of the project is to make it easy to create and manage dApps using a modular cloud, which can be customized to specific needs. It places a strong emphasis on security.

Developers using SKL are able to execute Solidity smart contract multiple times faster and at a fraction of what it costs on the Ethereum Mainnet. Some games and content streaming services already take advantage of this.

Do I need to buy SKL right now?

Research is the best way to make informed decisions. Your market knowledge, your risk tolerance, and the features and distribution of your portfolio should all be considered when making an investment decision. You should also consider how you would react if you lost money.

SKL price prediction

CryptoNewsz offers a positive short term prediction. SKL will rise to $0.42 in 2018. The minimum price of SKALE Network’s token in 2023 is expected to be $0.50. The maximum price of SKL is expected to be $0.57 in the next year.