The SMILE token has seen a clear breakout with 176% gains in 24 hours
The SMILE token, a DeFi protocol that aims to provide interoperability through the use of parachains, has surged in price, and is currently trading at $0.88 at the time of writing. The token could see another 2X or 3X from the current levels if the bulls maintain momentum. The rise in the price of SMILE was also accompanied by huge volumes, usually a sign of investors accumulating silently. DeFi protocols have seen strong interest from investors, and SMILE could also follow the price trajectory of other similar coins, if it manages to establish parachains that will allow integration with other networks.
How & where to buy Smile in the UK and elsewhere
As cryptocurrencies gain popularity, there has been a corresponding rise in new exchange/broker platforms. But not all sites are the same and you should stay away from decentralised exchanges as these are not regulated.
Opening an account on a broker/exchange site is easy and can be done at the click of a few buttons. Simply provide a username, password and contact details to open a trading account. Then, proceed to verification by submitting proof of identity and address. Most reputed platforms ask for verification as it is required as part of the Know Your Customer (KYC) regulations that seek to provide a secure environment for all users. Some platforms may also demand a selfie or a video call. These procedures may seem cumbersome but are required for the safety of all users.
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