DeFi Kingdoms is an online play to earn crypto game built on DeFi protocols, with its own DEX, liquidity pool, and NFTs. Players take part in daily quests and collect rare and utility-driven NFTs as rewards.
Jewel is the native currency of the DeFi Kingdoms ecosystem. It was launched in Aug 2021 and after a bull run in 2021 is now trading under $1. In this guide we cover where to buy Jewel coin and review the best crypto exchanges that have listed it.
How to Buy Jewel – Quick Guide
The Jewel crypto token has not been listed on many major cryptocurrency exchanges, however investors can follow these steps to buy Jewel using Coinbase indirectly:
- ✅ Step 1: Create a Coinbase Account: Visit the official website of Coinbase and click on ‘Get Started’. Then fill in all the required details such as your email, personal details, and upload a few ID documents to verify your account.
- Step 2: Deposit & Buy ETH: After completing the KYC process, you can buy Ethereum after depositing money via debit/credit card, PayPal, bank transfer or with another crypto such as Bitcoin you already own. This will be used to buy JEWEL with.
- Step 3: Download Coinbase Wallet: Download Coinbase’s wallet and open the Trade tab. You will be able to swap ETH for any token running on the Ethereum network, i.e. any ERC-20 token – input the amount of ETH to exchange for JEWEL and click ‘Convert’.
Where To Buy Jewel – Full Guide
As mentioned DeFi Kingdoms (ticker symbol JEWEL) hasn’t made it onto the best crypto exchanges yet. However these are the main options to invest in Jewel:
1. Coinbase – Buy DeFi Kingdoms with Coinbase Wallet
Purchasing JEWEL through Coinbase just requires a few simple steps to be followed. 
Firstly register on Coinbase and buy Ethereum. This exchange platforms accepts users in the United States and most countries around the world.
Next, download the Coinbase Wallet and set it up. You can find a link to install it from the Coinbase official website. Then transfer your ETH holdings to that Coinbase Wallet.
You can then buy JEWEL by swapping it with ETH. Tap on the ‘Trade’ button on the app, then click on ‘Choose coin’ and select JEWEL from the list.
Enter the amount of ETH you’d like to exchange for JEWEL. Click on “Convert” and follow the instructions on the screen to confirm the final buy order.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
2. Crypto.com – Buy Crypto with a Debit Card
Crypto.com is another popular trading platform that could list JEWEL as a tradable 
asset in 2022. It currently offers over 250 cryptocurrencies including NFT coins like ALICE and has a user base of 50 million. It supports 20 plus fiat currencies.
It provides up to 14.5% per annum interest on your crypto holdings and up to 10% per annum for stable coins through its Crypto Earn Feature, recently adding support for Fantom interest.
Users can also apply for a Crypto.com Visa card that offers attractive discounts and rewards on its purchases. The card can also be used as an ATM card to withdraw money besides supporting e-commerce transactions.
Crypto.com also added NFTs to its list of tradable assets and offers a wide range of NFTs for buying and selling on its own NFT Marketplace. No fees are charged for purchasing NFTs.
The exchange charges a flat rate of 2.99% on debit and credit card deposit, which is more costly than the fees charged by some other major platforms.
Crypto.com offers margin trading on perpetual futures pairs unlike Coinbase, for advanced traders that are experienced with leverage.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
3. Binance – Exchange with Over 600 Crypto Available
Binance has listed over 600 cryptocurrencies on its platform already therefore may list JEWEL in the future also. 
Binance has around 90m verified users and a $76 billion 24-hour trading volume. One of its supported gaming coins is the one that started the trend – Axie Infinity (AXS).
Binance has advanced features that provide investors and traders with sophisticated tools to perform technical analysis before making investing decisions.
Binance has a transparent and competitive fee structure, which is an essential factor to be kept in mind while choosing a platform.
It has different Earning programs that enable users to earn income on their holdings. Binance Savings provide interest on crypto holdings. Users who commit to holding their cryptos for a particular lock-in period can earn a higher interest rate. It also supports the staking of assets and offers attractive rewards on its various staking coins.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
What is DeFi Kingdoms?
DeFi Kingdoms, also known as DFK, is a one-stop destination for gamers, investors, and NFT enthusiasts. It is a game powered by a decentralized exchange (DEX) and allows investing in a liquidity pool (LP) and utility-driven NFTs. The platform was officially launched in August 2021.
While there are no fees to play in DeFi Kingdoms, you will have to pay gas fees for blockchain interactions. The fees are low compared to many other crypto platforms.
Different features of DeFi Kingdom
The amount you spend while paying is up to you. You decide the number of tokens you want to add to the liquidity pools and stake JEWEL or LP tokens. The LP tokens can be used in the Gardens and JEWEL in the Jeweler in DeFi Kingdoms.
What is the Jeweler?
It is a pool where you can stake JEWEL or CRYSTAL. With the Jeweler, staking JEWEL or CRYSTAL earns you xJEWEL or xCRYSTAL. Once your proportional rewards go up, your earnings of JEWEL or CRYSTAL increase.
What are the Gardens?
The Gardens are where you can stake Liquidity Pool (LP) Tokens earned by adding liquidity to the exchange pool. You earn JEWEL or CRYSTAL as rewards when you stake tokens in the Gardens.
If you compare the Gardens to the Jeweler, the Gardens come with more returns and risks.
What is xJEWEL / xCRYSTAL?
JEWEL and CRYSTAL are the primary tokens of DeFi Kingdoms. Users can use these to make transactions while playing games. When the deposits of these tokens are made in the Jeweler, the users earn the “x” version.
If you have xJEWEL or xCRYSTAL to your name, you might get access to additional rewards and community airdrops. The governance token holders of DFK and Hero owners also come with the privilege of voting on project policy upon invitation.
Factors to Consider When Buying DeFi Kingdoms
Being relatively new in the crypto market, JEWEL’s price is influenced to a great extent by market volatility. However, there are a few factors that are to be considered when buying this token:
- Harmony blockchain: DeFi Kingdoms is designed on the Harmony Blockchain. Hence, it uses its native crypto “ONE” for executing internal processes throughout the blockchain, which is widely available for purchase on various trading platforms.
- Low transaction costs: The fees applicable on the Harmony blockchain are comparatively lower than others. The transaction cost levied on each player for interacting with the blockchain while playing the game is extremely low.
- Multiple uses: The token can be used for all the in-game purposes while playing DeFi Kingdoms. It can also be used for staking purposes.
JEWEL Price
JEWEL opened at around $1.20 on its launch on 24 September 2021. By the end of October, it had set a new high hitting $4.50. This pump resulted from an announcement made by DeFi Kingdoms on reaching $200m in TVL (total value locked).
That was followed by a JEWEL giveaway event announced on Twitter for Twitter followers. On Oct 29, the price broke the mark of $5 before retesting $4.
The JEWEL giveaways continued, with the highest number of giveaways done on 26th Nov 2021, when the price spiked to hit over $10. Again on 29th Nov 2021, it made a high of close to $12. This jump in the JEWEL price was also a result of announcements made by the Game about new updates and features being introduced.
Price of the Token since its Launch
On 18th Dec 2021, DeFi Kingdoms reached $480m in TVL. Then on 20th Dec 2021, it received a grant of $1m from the Harmony network.
The beginning of 2022 saw further continuation to the upside, with JEWEL making a new all time high around $23 in the first week of January. This pump came after DeFi Kingdoms launched a cross-chain expansion on the Avalanche blockchain by introducing a new game, “Crystalvale”. It also held a giveaway by rewarding JEWEL holders with CRYSTAL.
However, soon after, the price crashed and dropped below $7 by the end of Jan 2022. In the first and second quarter of 2022, the overall downtrend continued. The Harmony blockchain was hacked in June 2022 which caused a sell-off in cryptos connected to it such as DeFi Kingdoms.
As of mid 2022 the price of Jewel is trading at around $0.60 – $0.65. Jewel attracted high investor interest in late 2021 when it had its explosive bull run, but since then has been in a bear market.
JEWEL Price Prediction
DeFi Kingdoms has however constantly been working to bring new developments into the game by bringing in new features and updates, and still has a wide player base.
With the increasing demand for forms of blockchain gaming and investor interest in NFTs, the JEWEL crypto asset could recover – especially with the next Bitcoin halving in 2024.
Many investors expect the crypto markets to bounce since BTC has reclaimed the $20,000 level after a brief weekend flash crash to $17,600.
Best Ways to Buy Jewel
The best way to buy JEWEL is through the Coinbase Wallet. You can swap Ethereum (ETH) to buy JEWEL using that popular and secure wallet.
First register on the Coinbase website then download the app and sign in with the same credentials. Then transfer Ether to it.
In terms of where to buy DeFi Kingdoms directly, if you feel confident using lesser known crypto exchanges then JEWEL is listed on Hotbit, CoinEx, BigONE, AAX and MEXC exchange. We generally recommend sticking to the major exchange platforms however.
Best Jewel Wallet
Once you have bought JEWEL coins, you can store it in any wallet that supports JEWEL.
Coinbase is one such wallet you can use for this.
Is JEWEL the Best Crypto to Buy in 2024?
It is difficult to say whether JEWEL is a good investment until it manages to establish a new uptrend – some cautious investors might want to wait for confirmation rather than trying to catch a falling knife.
The JEWEL market cap is low – just under $40 million and JEWEL is ranked #2819 on CoinMarketCap so it has room to recover and is at a low price point currently.
Another DeFi related cryptocurrency asset with a low market cap that appears to be breaking out of its downtrend is DeFi Coin (DEFC), with an under $2 million market cap and ranked #4400 on CoinMarketCap.
DeFi coin broke resistance and flipped it as support in June 2022, currently trading at around $0.15 on PancakeSwap and Bitmart. DEFC retraced by a similar percentage to JEWEL since its ATH of $4 set in 2021.
Running on the Binance Smart Chain, DEFC is the native token of a new DEX platform DeFi Swap for decentralized crypto swaps without the need for a third party.
One of the early catalysts for JEWEL’s bull run in 2021 was the high APY for JEWEL staking – which later dropped. DEFC currently offers a high annual percentage yield of up to 75% in its staking pool.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
Conclusion
This guide covered where to buy DeFi Kingdoms (JEWEL) and how to buy JEWEL – the most popular method is to use Coinbase’s wallet, especially to buy JEWEL in the USA – and an overview of the DeFi Kingdoms game.
Despite the sell-off in its native token in 2022 – partly due to the wider crypto market correction – DeFi Kingdoms is still a popular play to earn game and one with the most brand recognition.
JEWEL may be a good investment at the current low prices – an over 97% correction from the ATH – although investors may want to wait for high-timeframe confirmation of a new uptrend.
One relatively new DEX coin with a low cap is DeFi Coin (DEFC) that those interested in decentralized finance might also consider.
Like JEWEL in the early days, DEFC offers high APY staking on its platform. See our full guide to DeFi staking platforms.
DeFi Coin (DEFC) - Undervalued Project
- Listed on Bitmart, Pancakeswap
- Native Token of New DEX - defiswap.io
- Up to 75% APY Staking
- Whitepaper and DeFi Tutorials - deficoins.io