how to buy icx

A new blockchain project is free to connect with existing projects and create new unique worlds, or blockchain multiverse. ICON itself can be viewed as both a living organism and an ecosystem. In this complete guide, you’ll learn how to buy ICON with fiat currency and smart ways to earn more ICX using trading bot.

how to buy icx

Some exchanges may also ask for a phone number and photo ID, so it’s a good idea to have those ready. Only after your account has obtained KYC ID verification, can you withdraw funds or use credit cards or debit cards to buy cryptocurrencies. Search the platform for the trading pair for ICX and your deposited currency.

Ways to Invest in ICON

You must be the account holder to initiate a SEPA bank transfer and purchase ICX on Kriptomat. Customer account limits are displayed in the Limits section of My Account. SEPA bank transfers offer a cost-effective way to fund your account for large ICX purchases. You’ve now learned how to buy Icon on Kriptomat, taking your first step into the exciting world of ICX investments.

how to buy icx

Trading involves risk which may result in the loss of capital. You can use a VPN (virtual private network) that makes you appear to be accessing the internet from a different country. Once your method of deposit is successfully added go back to ‘wallet’ and press ‘deposit’. You need to pass all the verification steps (basic, advanced and fiat) before you’re able to purchase Icon. On the Binance dashboard select ‘security’ and then ‘verify identity’.


If you want to exchange it to regular currency, trade your ICX for Bitcoin and exchange BTC into euro, dollars or any other currencies. If you want to use PayPal, you will have to buy Bitcoin or Ethereum first and then exchange it for ICX by using a cryptocurrency platform like Binance. It comfortably ranks among the top 20 crypto exchanges with the most significant trading volume. The easiest way to buy ICX is by placing an ‘instant buy’ order to purchase it for a fixed price but not all crypto exchanges offer this feature. Because it has only recently transferred from an ERC-20 placeholder to a token on the ICON blockchain, there is not yet a wide range of wallets supporting ICX. The most secure option is to use a hardware wallet such as the Ledger Nano S or the Trezor (both of which support ICX).

  • Now you know how to begin investing in ICX, the token behind the hyperconnected decentralized network of the future.
  • If you want to know more about these two projects, we have created in-depth guides about them.
  • Both broof and Zzeung are ICON’s core enterprise blockchain products, and each utilize the ICON public chain to conduct transactions in a decentralized manner.
  • After you get the Ethereum or Bitcoin, you can convert it to Icon.
  • It’s not tripped up by currency exchange or other frictions that come with sending funds across international borders, and it can be completed autonomously at any time.
  • Though some other cryptocurrencies also use smart contract technology, ICX is unique because the Icon coin also operates on its own network, the Icon Republic.

Whether you’re looking to diversify your investment portfolio, explore new financial opportunities, or be part of the evolving digital landscape, buying Icon can be very rewarding. Trade ICON crypto on KuCoin Spot Market against other cryptos to make the most of changing market conditions and volatility. Buy or sell ICX or hold it long-term if you believe in the future potential of the ICON blockchain. Be sure to DYOR before making any trading decisions in the crypto market. Finally, general market trends and the increasing acceptance of cryptocurrencies worldwide could lead to increased demand for ICX and other cryptocurrencies.

How to Conduct Spot Trading on Binance

Huobi is one of the six crypto exchanges registered and based in Seychelles. Its liquidity, ever-present and responsive customer service, and strong security are its main attractions. Come back to your Binance account and access your exchange wallets to check if the funds have arrived. As an altcoin, Icon’s price fluctuations were also positively correlated to the price movement of Bitcoin. However, recent figures defied this historical trend and made Bitcoin’s price and altcoins’ prices independent and uninfluenced from each other. For one example, ICX holders can use their wallet to log into Balanced.

ICON is creating the crypto-world connecting a number of communities such as security firms, hospitals, universities, and banks. It is decentralized not only to ethereum, Bitcoin, or other public blockchains, but also to private blockchain networks. It makes ICON to be the hub of different blockchains’ borderless connection, building a more scalable and valuable network. After you have your how to buy icx Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH from your Coinbase wallet. An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading ICON. To create an account on any cryptocurrency exchange you will need an email address.

Purchase Icon

If you are a new crypto trader or holder, the best thing to look for an ICX wallet is one that has a user-friendly interface. The key to choosing the best ICX wallet is the fact that it will allow you to take charge of your private keys at all times. With this, you can be assured that you are the only person who has access to your wallet. Using Icon’s loopchain technology, people from various industries can be connected and perform transactions in one network.