Icon builds a decentralized network of networks powered by cryptocurrencies. It uses a proprietary algorithm called Loopchain. ICON connects an ecosystem of blockchain communities through the ICON Republic. An ICON Community is an individual blockchain or protocol with its own governing system. ICON also has its own decentralized exchange. The Icon Republic acts as the center of the Icon blockchain's operation, governing the process by which new ICX cryptocurrency is minted in each block. ICX is the native cryptocurrency of Icon. ICON coins fuel the network during transactions. The ICX coin is listed on more than 20 exchange platforms in the world in pairs with major cryptocurrencies like BTC and ETH.
How To Buy ICON or Add it to your strategy
The fastest, most convenient way to purchase ICON is to purchase it on ICONOMI. We check ICON live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy ICON by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto trades use fundamental and technical analysis to evaluate if ICON is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy ICON, we recommend you read the next section, as copying might be a better approach.
Add ICON to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have ICON in their structure.