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Its Equihash proof-of-work algorithm ensures efficient mining, while its Virtual Machine allows developers to create private and scalable dApps. This cryptocurrency can be bought on different platforms and exchanges. Because the most used Exchange in the world, and we have the full tutorial below in the video below.
With CoinCodex, you can easily monitor your BEAM investment using a suite of crypto tools designed to make investing accessible and efficient. Select your region and currency, located to the right of your wallet address. We couldn’t find anything matching your search.Try again with a different term.
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Review the order summary in your MetaMask app, and confirm the transaction to get crypto in your wallet. According to the current information collected by CoinCarp, you can’t buy BEAM directly with fiat by traditional financial methods(such as Paypal or Bank Cards). The vision of Beam is to build a platform that will allow trading not only Beam coins but also additional asset classes on the platform, all with the same great scalability and privacy. If you are new to cryptocurrency, this is the easiest and quickest way to buy Beam.
With that in mind, let’s look at some of the best crypto exchanges in the market. To begin, sign up on Giottus and complete the identity verification process. Once verified, deposit INR into your exchange wallet using any of the available bank transfer methods. After funding your account, navigate to the BEAM trading section, enter the amount you want to buy, and complete the transaction instantly.
Where to store BEAM
After setting up your account, the next step is to deposit funds and make a purchase. If youโre opting for fiat currency, Giottus allows you to buy Beam directly with INR. Most exchanges complete the verification process swiftly, allowing you to access your account and start trading without unnecessary delays.
Calculate the Returns on Your Beam Investment
For crypto holders, different platforms support alternative purchase methods. MEXC and Gate.io offer Beam trading pairs with Tether (USDT), while CoinEx provides a Bitcoin (BTC) trading option. Some popular platforms for buying BEAM include CoinEx, Gate, and MEXC. It’s important to do research and compare fees, security features, and supported currencies before choosing an exchange, as there are considerable differences between each one. In addition, you should be mindful of your investment approach, crypto storage, and other aspects of buying and trading BEAM. Buying cryptocurrencies can seem daunting at first, especially for those who are new to the world of digital assets.
Security is a priority, with servers hosted independently across multiple countries to maintain data integrity and safeguard user assets. For those looking to acquire Beam through cryptocurrency, there are multiple options available. Tether (USDT) trading pairs can be found on MEXC and Gate.io, while CoinEx allows you to purchase Beam using Bitcoin (BTC). Selecting the right exchange based on your available funds will provide a smooth trading experience. The exchange requires users to complete KYC only if they want to lift their daily withdrawal limit from $10,000 to $1,000,000. You can use an alternative method to buy Beam using a credit or debit card.
It undergoes rigorous security audits and requires mandatory KYC verification for users. The platform offers high liquidity, real-time order books and a seamless trading experience. Giottus follows a maker-taker fee model with no deposit fees and varying withdrawal charges. Available on both desktop and mobile, it remains a trusted choice for Indian traders looking for secure and efficient crypto transactions.
Step 4 Successful Purchase
The order remains open until the asset reaches the specified price, or until the order is canceled by the investor. When placing a market order, the investor does not specify a price, and the order is executed at the best available price at the time it is placed. Market orders are generally executed quickly, as they are considered a high-priority order type. Market orders are best suited for cryptos that have high trading volumes and high liquidity, where the difference in execution price is likely to be minimal. Choose the right trading pair – crypto or fiat – depending on the deposit method you’ve chosen. Before buying BEAM, or any other crypto asset for that matter, there are some general things you should research.
- After purchasing BEAM, you can store it in your Beam wallet or transfer it to a private crypto wallet for additional security.
- This includes tools and platforms designed to enhance the gaming experience, reflecting Beamโs commitment to integrating blockchain technology with gaming innovations.
- Setting realistic expectations for future price growth is paramount when investing.
- In order to increase withdrawal limits and unlock additional functionality like crypto loans and staking options, certain exchanges require users to complete KYC as well.
This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Keep in mind that you’ll need to provide some personal information, including your name and email address. In order to increase withdrawal limits and unlock additional functionality like crypto loans and staking options, certain exchanges require users to complete KYC as well.
- According to the current information collected by CoinCarp, you can’t buy BEAM directly with fiat by traditional financial methods(such as Paypal or Bank Cards).
- With CoinCodex, you can easily monitor your BEAM investment using a suite of crypto tools designed to make investing accessible and efficient.
- Its Equihash proof-of-work algorithm ensures efficient mining, while its Virtual Machine allows developers to create private and scalable dApps.
- Giottus follows a maker-taker fee model with no deposit fees and varying withdrawal charges.
Some of the best options include Trust Wallet, Beam Wallet, Kraken Wallet and Atomic Wallet. To transfer your How to buy beam tokens, copy your walletโs public address, paste it into the withdrawal section of your exchange account and confirm the transaction. Cex or Dex exchanges offer some trading pairs for BEAM trading to meet your needs.
The process of buying BEAM is very similar between various crypto exchanges, so you can follow the steps outlined below whether you’re using CoinEx or virtually any other crypto exchange. It is always recommended to store your Beam in a hardware wallet as it is the safest way to hold your Beam long term. Hardware wallets are physical devices that store your Beam offline, away from hackers. You can easily transfer your Beam from the exchange to your wallet and vice versa, the best wallet for storing Beam is the Ledger Nano S or Ledger Nano X. Merit Circle DAO is a constantly evolving digital ecosystem created by a global community to ensure the future of gaming. With your account created, the next step is to log in and deposit funds.
As a rule of thumb, most crypto exchanges support both crypto-to-crypto (e.g., BEAM/BTC) and crypto-to-fiat (e.g., BEAM/USD) trading pairs. When deciding which exchange to use, it’s important to check if the exchange accepts customers from your country. In addition, some exchanges are more suitable for users that want to buy and hold, while others cater to active crypto traders.
But it is the same system on other platforms if you find also this cryptocurrency listed. Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry. It has over 13,000,000 users and over $207 billion in quarterly trading volume. CoinCodex tracks 44,000+ cryptocurrencies on 400+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders.
Operating on a proof-of-work model, Beam aims to provide decentralized and confidential digital transactions for everyday use. The project emphasizes user privacy by keeping transaction details, such as sender and receiver information and transaction amounts, confidential. Just a couple of dollars are enough to buy BEAM, with the exact dollar amount depending on the cryptocurrency exchange you want to use.
MEXC, founded in 2018, is a high-performance exchange known for its rapid transaction matching technology. With over 10 million users across 170+ countries, it caters to both beginners and experienced investors. The platform offers multilingual support and is regulated in multiple jurisdictions. Its trading engine, built by banking industry experts, processes 1.4 million transactions per second, ensuring efficiency.
Gate.io is a centralised exchange offering over 1,400 cryptocurrencies and 2,500 trading pairs. Launched in 2013, it ranks among the top exchanges by trading volume, exceeding $12 billion daily. The platform supports spot, margin, futures, options and derivatives trading. While it provides a seamless trading experience with a mobile app and 24/7 support, it lacks fiat withdrawals. Despite minimal regulation, Gate.io remains a preferred choice for crypto traders globally. Giottus is an India-based cryptocurrency exchange that provides spot trading, investment options and staking services.
