The AllianceBlock ecosystem offers users the chance to participate via its multi-purpose ALBT token. Beyond simply serving as the platform’s primary means of exchange, the coin awards users voting power and functions as the network fee payment mechanism. Furthermore, active participants such as validators and stakers receive their rewards in the project’s native token.
AllianceBlock is on a mission to create the world’s first globally compliant decentralized capital market, and ALBT is central to their plan.
Looking to buy ALBT at competitive rates? Swapzone’s trusty trade aggregator allows you to purchase top coins at the best market prices. This guide will take you through the process of making the AllianceBlock token the latest addition to your crypto portfolio. Discover further down whether experts believe ALBT is a right choice for investment.
Table of contents
1. Head Down to Swapzone’s ALBT Swap Page
With Swapzone’s aggregator offering, adding ALBT to your wallet is a quick, easy process with no hidden fees. To start, navigate to the exchange page and settle on a crypto token to swap for ALBT. You have a wide range of options, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). For this guide, we will use ETH.
2. Determine How Much ALBT You Need
You’ll find two boxes on the swap page, the send box and the get-up-to box. In the first, you enter the amount of ETH tokens you are willing to deposit, and the site displays roughly how much ALBT you will receive in the get-up-to box. Note that the get box only provides an estimated amount, so expect mild fluctuations in your returns once the swap is complete due to unstable market conditions.
3. Choose Your Preferred Exchange
Once you’ve selected a trading pair and how much you want to swap, Swapzone automatically scans the web and displays a list of the best crypto exchanges. The platforms are categorized based on speed, market rates, and ratings. Following this, choose the exchange with the best offer and hit the blue exchange button.
4. Wallet Details
The next step is to provide your payment details. First, enter your ALBT wallet address, then an ETH refund address in case the transaction fails; you can also drop your email address to receive offers from Swapzone and news updates. Once you’ve filled in your wallet details, double-check the digits to ensure they are correct, agree to the terms and conditions, and click to proceed to exchange.
5. Deposit ETH
Next, you pay for the swap; here, you transfer the quantity of ETH you listed in the send box in step 2. Head to your wallet and send the ETH to the deposit address provided on the page. Take your time with the transaction, as sending the tokens to the wrong address will cause them to be lost forever.
6. Successful Swap
Once the transaction is complete, your AllianceBlock tokens will be sent to your wallet. All you have to do is check your wallet to ensure the funds have entered. The Swapzone aggregator has allowed you to purchase ALBT at great market rates, swiftly, cheaply, and securely without facing know-your-customer (KYC) hassles.
Is ALBT Worth Buying?
AllianceBlock’s primary goal is to smoothly blend the features of decentralized and traditional finance. The team believes existing financial structures will eventually evolve into a merged system highlighting the greatest qualities of both DeFi and TradFi. According to them, this should bring about improved capital flows and technological development; and they aim to pioneer the transition.
The platform ensures its ALBT tokens retain relevance and value through specific deflationary measures. Besides its involvement in every transfer of value, AllianceBlock takes further steps to keep ALBT in circulation with supply and demand well-balanced. These include strategic fee distribution, node staking, liquidity pooling, quarterly revenue-based burns, and quarterly activity-based tokens burns. Also, 15% of the total token supply will never enter circulation.
Regarding price, ALBT charted a record high of $1.36 last year but plunged 96% in 10 months to trade at $0.054 at writing. As this understandably could give rise to doubts, here’s what analysts believe is price-wise in the store for the digital coin.
Cryptoprediction’s optimistic forecast expects a bullish run for ALBT over the next few months leading the token to end the year trading at $0.1.
Tradingbeasts has similar price projections for ALBT; however, the next few years show the token fluctuating slightly upwards or downwards.
PricePrediction predicts the token will cross the $1 mark by 2028 and could potentially hit $3 by 2031.