How to buy ICON Buy ICX in 4 steps

You can also use ICX like a normal cryptocurrency to send value internationally in a frictionless manner. Find a crypto exchange which allow pairing ICX with BTC or ETH – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency. With regulated exchanges like Binance US and Coinbase, you can transact with fiat currency like the US dollar or Euro. These exchanges allow you to trade crypto against fiat pairs, and you can cash out your account in fiat as well.

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. NordVPN is easily on the list of the best paid virtual private networks. It’s strongly advised that you don’t use free VPN services because your data may be sniffed in return for the free service they are offering you. In summary, the platform’s large list of trading pairs and its exceptional liquidity are its major attractions. There are several wallet types to securely store your ICX coins. It can be in the form of a Bluetooth hardware wallet, a desktop wallet, or even a mobile wallet.

Learn to gain real rewards

They have the ambitious aim to link all the world’s blockchain networks and traditional infrastructures, one that has seen ICX, their native token, receive a lot of hype. In less than a year since their initial coin offering, ICX is currently the 34th largest in the market, at how to buy icx a cap of more than US$260 million. ICX is the native cryptocurrency and utility token for the platform. This coin operates as the primary intermediary currency for the exchange between networks. Users can stake ICX and earn rewards for helping to keep the Nexus chain safe.

As you can see, buying ICON on Binance is a pretty straightforward process. Hopefully, this article was helpful if you encountered any issues along the way. If you want to buy ICX at its current price, click on the Market tab and enter the amount of ICX you wish to buy. The order should be executed almost instantly and the ICX will be added to your balance soon. You can start trading Icon today with Binance.US and Crypto.com.

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Once you are registered to any of the above, find the BTC/ICX or ETH/ICX trading pair and then place the order to buy those pairing cryptocurrencies. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum. You can basically use debit card, credit card, or even PayPal https://www.tokenexus.com/ to buy the Icon (or any other cryptocurrencies). It’s not like you pay with cash and you get the Icon as the exchange. Hot wallets are connected to the Internet while cold wallets are not. It’s important to note that hot crypto wallets are at higher risk of hacking and theft.

After you finish the funding process with the exchange, you’re ready to place your first trade. You need to decide how much money you are comfortable trading or putting at risk. Some people with a small $300 account might feel comfortable placing everything they have into a single trade.

How to buy ICON on Binance in under 5 minutes?

In this case, by using limit orders, investors will have the possibility to reduce their trading fees and also select better prices. With a lot of different smart contract platforms coming to prominence, the question of interoperability comes up. How will NEO applications be able to communicate with Ethereum or Cardano apps? Their platform will aim to allow different blockchain networks to work with each other, as well as enabling seamless exchanges between different cryptocurrencies. ICON communities are the separate networks that developers and users create. These networks are unique in nature and can operate with their own governance structures, numbers of nodes, and characteristics.

• Before joining CoinCodex, Emma had been covering stories at the intersection of culture, entertainment, and technology.
• ICON provides the right combination of scalability, developer flexibility, and easy access to make it a strong contender in the market.
• Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum.
• It can be in the form of a Bluetooth hardware wallet, a desktop wallet, or even a mobile wallet.
• If I wish to have my order executed immediately I can place a ‘market’ order, which will buy or sell at the best market price.
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