How to Buy ICON ICX Right Now Easy Steps

how to buy icon

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. Skrill and Neteller both offer yet another alternative payment method for purchasing Icon. Here at Kriptomat, we support you with both of these electronic options. Buying ICX with a secure SEPA bank transfer is suitable for smaller and larger purchase amounts and has lower fees than purchasing with a debit or credit card. So you’re ready to jump into the world of cryptocurrencies and buy Icon! Let us be the first to welcome you to the new global digital economy.

how to buy icon

Only regulated exchanges are allowed to accept fiat currency deposits and withdrawals. With margin, you can increase your buying power by up to 10X or more, leveraging your money. For instance, you could trade $1,000 worth of crypto with a $100 account, using a 10X margin. However, it’s risky, and you’ll need to be comfortable with your risk tolerance as small price declines amplify your losses when using margin.

Choose a platform

ICON (ICX) is in the top 1,000 cryptocurrencies by market cap, valued at $161,334,220. Cryptocurrencies are speculative and investing in them involves significant risks – they’re highly volatile, vulnerable to how to buy icon hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. This content shouldn’t be interpreted as a recommendation to invest.

The decentralised nature of Icon trading allows you to own and store
without the involvement of a third party. The value of the assets is not determined by the
exchange or a middleman, giving traders the freedom to profit from the current exchange rates. The coin should be competitive enough not to be overshadowed by other major cryptocurrencies such as Bitcoin and Ethereum. To enhance the security of your account, you need to provide a multi-factor authentication process. If you’re based in the UK and wish to buy  ICON – the process is very straightforward.


ICON price has risen 40.38% in the last 24 hours, thanks to an increase in trading volume and market cap. Don’t leave your ICX on an exchange, they may be at risk if the exchange platform or your account get hacked. The best option to save your cryptocurrency is to put it in wallets. The ten most popular trading pairs on the platform responsible for most of the platform’s trading volume have USDT as one-half of the pair.

  • ICON (ICX) is in the top 1,000 cryptocurrencies by market cap, valued at $161,334,220.
  • Once your account is approved, you will have to send some Bitcoin, Ethereum, Binance Coin or Tether to your account on Binance.
  • Icon is a decentralized network where any community can participate and connect to another coin using ICX.
  • 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.
  • This is because Icon blockchain transaction verification requires no centralised authority.

After you get the Ethereum or Bitcoin, you can convert it to Icon. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound. It’s easy to see why so many crypto traders are excited about the cryptocurrency frontier, including multiple daily price swings and a market that’s open for business 24/7.

Secure Your Account

Specifically, it is strictly prohibited to enable remote access via AnyDesk or a similar tool to access your account. Never disclose your account credentials to anyone and if you do not know how to use our platform, ask our Customer Support and DO NOT install any remote access to your computer. Kriptomat customers can buy Icon for cash with either a debit or credit card. Card transactions also provide an instant solution to get you into the cryptocurrency game immediately – no waiting for funds to settle. To fund your account at the exchange, you have a few options. If you’re using a regulated exchange like Binance US or Coinbase, you can make deposits and withdrawals using debit cards, direct wire, or crypto transfers.

  • Cryptocurrencies are speculative and investing in them involves significant risks – they’re highly volatile, vulnerable to hacking and sensitive to secondary activity.
  • It is often the first to offer buying opportunities for new tokens.
  • To fund your account at the exchange, you have a few options.
  • Further demand comes from the fact that ICX is needed to pay fees for transactions and smart contracts.
  • In case you purchase cryptocurrency through the card, your purchase will take no time, but the fees will be charged higher than the usual.

They can provide a reasonable source of
after retirement or provide a much-needed financial freedom during a sudden economic downturn. After completing your KYC you have to add your primary bank and UPI into
BuyUcoin wallet, then you need to add fiat currency to buy Icon such as INR to ICX. Evaluate its lowest prices and its all-time highs to understand how the level of volatility. It would be best to look at the number of projects supported by the ICON network because this also affects ICON tokens.

Purchase Icon

Ordinary people have a say in the operation of the network through a comprehensive governance system, at the heart of which is ICON’s cryptocurrency, ICX. Holders of ICX stake their tokens with representatives who validate transactions and secure the network. Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.