This token represents an investment platform by the same name. However, this is not an exchange or a way to buy traditional cryptocurrencies. Investors in this asset will actually have the ability to buy tokens backed by investments in other assets which include not only cryptocurrencies but also stocks and hedge funds. It's certainly an interesting way to diversify your portfolio, but will it work?
If you make a Blackmoon investment, then you can actually approach your investments in a more hands-off manner by taking advantage of features like automatic re-balancing, blockchain based proof of ownership and multiple ways to manage your risk and reward profiles.
This is not the only game in town when it comes to tokenized assets, and unfortunately, their social media seems a little dead. While this project does offer some interesting investment instruments, the fact is that their marketing plan needs serious work. Investors would be wise to look into what plans this team has for the future of pushing their products if any, and it would be beneficial to take a moment to look in on the competition and see what they're up to as well.
Investors can buy Blackmoon on a good number of high-value exchanges. There's some excellent trading volume here too, and that's good news for investors. This means that not only will it be effortless to complete a trade, but it also means that there is substantial interest in this asset, and that's never a bad thing. Investors will also be able to choose between a wide variety of trading pairs here including Bitcoin, ETH, USDT, and others. Just make sure to choose one that has adequate trading volume. Some of the lower volume options may be trading at a premium.
This is an ERC20 token, and that means you will need to store these tokens in an Ethereum wallet. Fortunately, there are tons of options here as this is one of the most popular ways to distribute tokens. For that reason, there are also lots of compatible wallets. A few choice options include Coinomi, Jaxx, My Ether Wallet, Meta Mask and Ledger. Always create a backup up of your wallet to be sure that your investments have been protected. Otherwise, you could be in a bad spot if you lose access to your wallet.