Is Space ID a Good Investment?

Space ID is a good crypto asset that enjoyed significant attention at launch. Its token sale was oversubscribed on Binance Launchpad and enjoyed high volatility on trading platforms shortly after. Consider investing in ID token, especially if you believe in the potential of web3 and mainstream adoption. Rising interest in making web3 technologies mainstream could increase the demand for services such as those offered by Space ID, increasing its appeal among investors and supporting the ID token price. The Space ID price could increase as more users and developers leverage its platform to create and manage their web3 domain names. The higher on-chain activity could boost the ID price statistics.

What Is the Space ID Crypto Price Prediction?

Although it is impossible to offer an accurate ID token price prediction, we recommend monitoring the following fundamentals to get a better understanding of the price action and volatility in the Space ID token: Level of Adoption Higher use of Space ID’s services among users, developers, and businesses could increase the value of the ID crypto. The price of Space ID token could also trend higher if more mainstream organizations use its services to register and manage web3 domains. Future Developments The value of Space ID cryptocurrency could also increase when the developers introduce more features that make its platform more attractive. News about more partnerships, investments, and integrations could boost investor confidence in $ID. Market Outlook The ID to USD price could witness an uptrend amid an improvement in investor sentiment toward cryptocurrencies and web3. On the other hand, a bearish sentiment in the crypto market could drive selloffs that could weaken the ID crypto price.

What Is ID Token Used For?

$ID is the native token of Space ID and has the following use cases: Utility Token ID is the native currency of the Space ID platform. It is used for making payments on the platform and is also required for Web3 Name SDK Integration. Governance Token $ID token holders can become members of the Space ID DAO. The community-led DAO gives ID holders voting rights to decide the project’s future evolution. Staking $ID can be staked on the platform to receive discounts on trading fees within Space ID’s NFT marketplace. Staking ID also lets you enjoy discounts on registering web3 domains on the platform. Crypto Asset to Trade and HODL Trade Space ID against other digital assets to profit from changing market conditions and volatility. Buy or sell ID against other cryptos or hold it long-term if you believe in the future potential of Space ID. Review the current price of Space ID token, ID current market cap, current circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the ID price chart before trading Space ID in the market.

Who Are Space ID’s Partners and Investors?

Although a relatively young project in the crypto market, Space ID boasts an impressive list of investors. As of March 2023, investors in Space ID include Binance Labs, Polychain Capital, Bullet Labs, and dao5. Space ID’s partners include Trust Wallet, BscScan, ARB ID, DODO, Galxe, Plant Crossing, CARV, and more.

How to Stake ID on Space ID

As of March 2023, Space ID is yet to introduce its official staking program. However, you can stake ID on supported platforms to earn passive income. Watch this space for more on staking $ID on Space ID!

How to Buy SPACE ID (ID)

Price of SPACE ID (24h)$0.4307524356736968

-0.77%

Real-Time ID Rate Converter

Interested in buying SPACE ID (ID) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy SPACE ID (ID) instantly wherever you are! Check out all the ways you can buy ID on KuCoin.

Buy SPACE ID (ID) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy SPACE ID (ID)

Use a variety of payment options to buy SPACE ID on KuCoin. We'll show you how.

Choose How You Want to Buy SPACE ID on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying SPACE ID (ID).

Buy SPACE ID (ID) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy SPACE ID (ID). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired SPACE ID (ID) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for SPACE ID (ID).

Tip: KuCoin offers a variety of order types to buy SPACE ID (ID) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available SPACE ID (ID) in your Trading Account.

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How to Store SPACE ID (ID)

The best way to store SPACE ID (ID) varies based on your needs and preferences. Review the pros and cons to find the best method of storing SPACE ID (ID).

Store SPACE ID in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your SPACE ID in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your SPACE ID (ID) to a non-custodial wallet. Storing SPACE ID (ID) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your SPACE ID (ID) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your SPACE ID (ID).

What Can You Do with SPACE ID (ID) on KuCoin?

Hold

Store your SPACE ID (ID) in your KuCoin account.

Trade

Trade SPACE ID (ID) in the spot and futures markets.

Earn

Earn passive income by staking or lending SPACE ID (ID).

Why Is KuCoin the Best Platform to Buy SPACE ID (ID)?

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Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

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Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

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KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy SPACE ID and trade it against various digital assets on KuCoin.

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Buying SPACE ID (ID) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain ID in an instant when you buy on KuCoin.

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FAQ

Is 0x Protocol (ZRX) a Good Investment?

ZRX, or 0x, offers several unique advantages, making it a potentially attractive investment:

Supports Decentralized Trading of Ethereum-based Tokens

0x is a groundbreaking protocol for the decentralized trading of Ethereum-based tokens. This decentralization ensures that no central point can fail or be manipulated, guaranteeing the system’s security and stability.

0x Protocol’s Open and Adaptable Framework

The 0x protocol system consists of smart contracts that work together to enable a flexible and seamless trading process. Developers can integrate the protocol into their own products and create customized solutions tailored to their specific requirements.

Support Fungible and Non-fungible Tokens

Additionally, the 0x protocol supports both fungible and non-fungible tokens (NFTs). As a result, users can trade various assets and access many investment opportunities.

0x Protocol’s Strong Governance Structure

Token holders can propose changes to the protocol and vote on them, meaning those who invest in the system also have a say in its direction.

What Is 0x Protocol Price Prediction?

While we cannot provide an accurate ZRX price prediction, several factors could influence the price of ZRX:

Level of Adoption of DEXs

First, the increasing adoption of decentralized finance (DeFi) protocols and decentralized exchanges could raise interest in 0x and, therefore, the demand for ZRX. The more people use DExs, the more they want to use the underlying protocol and the associated tokens.

0x Protocol’s Flexibility

The adaptable and flexible nature of the 0x protocol could lead to its use in various applications and products, which could increase the demand for ZRX. The more applications that utilize the 0x protocol, the more users will likely need ZRX.

Governance Activity on 0x

Finally, the governance structure of ZRX could also influence the price. Since token holders have the right to vote on changes to the protocol, this could lead them to buy more tokens to amplify their voices. This could increase demand and, consequently, drive up the price.

How to Use ZRX Token

The 0x protocol is a decentralized exchange protocol for trading ERC-20 tokens on the Ethereum blockchain. It allows buyers and sellers to connect directly without the need for intermediaries.

Developers can build their own cryptocurrency exchanges using 0x and its open protocol. The protocol's native token is called ZRX, which is used to pay trading fees to relayers.

Select Your Relayer

You can choose a relayer that suits your trading needs. Relayers play a crucial role in the 0x protocol by hosting order books and facilitating trades. They are responsible for broadcasting orders and bringing liquidity to the network. When a trade is executed through a relayer, it is known as a Broadcast Order.

Connect an Ethereum-compatible Wallet

To use the 0x protocol, connect your Ethereum-compatible wallet to a decentralized application (dApp) that integrates with 0x. Examples of such dApps include Nuo, Zerion, DeFi Saver, and Radar Relay, built on top of the 0x protocol.

Start Placing Trade Orders

You can place orders after connecting your wallet to a 0x-enabled dApp. Specify the token pair you want to trade, the amount you wish to buy or sell, and the desired price. The 0x protocol supports both market and limit orders, giving you flexibility in your trading strategies. The dApp will provide you with options to review and confirm your order.

Settle Your Trades

When a counterparty fills your order, the trade is settled on-chain using the 0x protocol's smart contracts. The settlement ensures the transfer of tokens between the parties involved. The decentralized nature of the protocol provides transparency and security throughout the trading process.

Monitor and Manage Your Trading Positions

After settling your trade, you can monitor its progress and manage your positions through the 0x-enabled dApp. You have complete control over your tokens and can choose to hold them or transfer them to another wallet or exchange.

Remember to exercise caution and do thorough research before engaging in any financial transactions in the crypto market.

What Is 0x Protocol’s Tokenomics?

ZRX is an ERC20 token that supports the 0x protocol, an infrastructure protocol on the Ethereum blockchain that enables the trading of ERC20 tokens and other assets. There is a fixed maximum supply of 1 billion ZRX, of which approximately three-quarters are already in circulation.

The ZRX tokens serve several purposes within the protocol:

Trading fees: Nodes (relayers) that host an off-chain order book are paid in ZRX tokens.

Governance: ZRX can be used to participate in the platform's governance. Holders of $ZRX can propose changes to the protocol and vote on them.

Staking: Since 2019, ZRX holders can delegate their tokens to a market maker to earn passive rewards without losing their voting rights.

SPACE ID (ID) Price Analysis

Live Price

The live price of ID is 0.438 USD, representing an increase of 2.84% in the past 7 days and -0.77% decrease in the past 24 hours.

Historical Trends

The all-time high of ID was 1.82 USD on 03-17, 2024, from which the coin is now down -76.05%.
The all-time low of ID was 0.1712 USD, from which the coin is now up 60.90%.

ATL0.17127628788920213

ATH$ 1.82

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Disclaimer

Given the nature of the crypto market, the price of SPACE ID (ID) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.