The FLOW token continues to grow as NFT interest remains high. It is currently up 23%
Flow already has household names like NBA Top Shot, Crypto Kitties, and Dapper Wallet under its belt, and it’s looking to march higher up the crypto leaderboards with a 15% price surge today. Flow’s scalability is what makes it a great destination for NFT collectibles.
To purchase FLOW tokens, click here to learn how and where you can buy Flow.
Where and how to buy flow in the UK?
You can buy Flow tokens from many of today’s top cryptocurrency exchanges and brokers. Below, we’ve shortlisted two of the best platforms to make your choice easier. Just sign up, add funds, and you can trade the most popular coins right away.
Our recommended platforms are all reliable, reputable, fully regulated and can be trusted to make sure you invest with confidence.
eToro is a multi-asset trading platform that offers the lowest fees and commission rates. It’s a great platform for people just starting out.
Get FLOW today with eToro
BitPanda is an Austria-based Bitcoin broker. It has a large selection of payment options and good prices.
Get FLOW with Bitpanda now
What is Flow and what are NFTs?
Nonfungible tokens, also known as NFTs, are unique, one-of a kind tokens that reside on the blockchain. They are unique and can be used to create digital collectables, digital art and in-game products. NFTs allow for originality, authenticity, as well as true ownership to be established within virtual space. It was difficult to distinguish original digital content from copies and forgeries before this technology.
NFTs are still very young and will face many hurdles on their way to mainstream adoption. Flow aims to address this problem by enabling scale. Because of network congestion and inept system design, NFTs can prove expensive and slow to transact using blockchains like Ethereum. NFT transaction load can contribute to climate changes due to their energy intensiveness.
Flow was developed to offer fast, cheap and green transactions. It is home to many of the most prestigious NFT projects such as the NBA Top Shot series or CryptoKitties.
Do I need to buy FLOW right now?
FLOW’s 3-month chart shows a potential rounding bottom pattern, with a series of higher major lows and higher major highs recorded since the market’s short-term bottom from June. FLOW currently sits at $20.66 and is looking to break the persistent horizontal resistance band. FLOW could gain momentum if the wider crypto market can push it a bit higher to reach its 3-month high of $35.
Chart for FLOW 3 months. Source: CoinMarketCap