Arweave (AR) is the latest decentralized coin designed to provide permanent data storage. If you are planning to buy this new type of information storage coin, then read on to know Where to Buy Arweave token (AR) and How to
The goal of Arweave is quite simple; store backup data with both perpetual and sustainable endowments, thereby enabling users and developers to store data forever. It aims to provide a permanent hard drive that can be used globally, allowing users to remember and preserve valuable information, history, and apps, indefinitely
And that’s not all. In the Coinmarketcap, AR has surged up to 18.34%
and is currently being ranked 2090. It has also been listed in a few crypto exchanges, but it cannot yet be directly purchased with fiat money. So, the present way to buy Arweave tokens is to first buy Bitcoin or ethereum from any popular crypto exchanges and then transfer to the exchange that allows you to trade the AR coin.
In this guide, we detailed everything you need to know on how and where to buy Arwaeve crypto, the best exchange to buy Arweave, Arweave coin price prediction, and Arweave contact address.
Where can you buy Arweave crypto?
You can buy Arweave crypto from exchanges that allow users to trade the AR coin. But first, you will need to buy a major cryptocurrency, usually either Bitcoin (BTC) or Ethereum (ETH). We highly recommend Coinbase because it is one of the largest crypto exchanges that accept fiat deposits. So follow the steps below.
Step 1: Sign up/Register on Coinbase
On your browser, go to Coinbase.com. At the top right corner, click on ‘Get Started’
Enter your first name, last name, your email, and check the box that certifies you are 18 years old, and then click ‘Create account’. It’s important you provide your real name because Coinbase will need it for account verification. Also, choose a strong password to avoid your account being hacked.
When you receive a confirmation email, open it and click on the link you’ll find there. You will be asked to provide a valid mobile number to set up two-factor authentication (2FA). Two-factor authentication (2FA) is an extra layer to the security of your account and it is very important you always keep this feature turned on.
The next step to follow is the theKnow-Your-Customers (KYC) process which is fully automated. You will be able to finish your registration in less than 15 minutes.
Step 2: Use fiat money to buy coins with
When you’re done with the KYC process, you will be required to add a payment method. you can either choose to use a bank transfer or provide a credit/debit card. Though you will be charged higher fees when using cards, you will still be able to make instant purchases. Some European countries will offer instant cash deposits with low fees if bank deposit is slow.
And that’s all. Now, scroll to the top left and click the “Trade” button. Choose the coin( Bitcoin or Ethereum) you want to buy, confirm your transaction and that’s how you make your first crypto purchase.
Now, let’s see the exchange where you can buy Arwaeve.
What exchange can I buy Arweave?
Like we’ve already mentioned, to buy AR, you will need to transfer the crypto you bought from Coinbase or any other crypto exchange to an exchange where AR can be traded.
Bittrex is an exchange we highly recommend because it’s popular when it comes to trading altcoins and has a lot of tradeable altcoin pairs. If you don’t have an account on Bittrex, follow the steps below to sign up.
- Go to bittrex.com
- Click on ‘Sign Up’
- Enter your email address, password and referral code (if you need), and click on ‘Create Account’.
- Just like the process in Coinbase, you are required to set up 2FA authentication to add extra security to your account.
When you’re done with registration, it’s now time to deposit the BTC or ETH you want to exchange. So, on your dashboard, scroll to the deposit section.
By the right side of your dashboard, you will see a box with a string of random numbers saying BTC address. Those random numbers are the unique public address of your Bitcoin wallet at Bittrex. With the address, you can receive Bitcoin and also send funds.
Since we intend to transfer the bitcoin we already bought on Coinbase to this wallet, simply right-click on the full address and click copy to get the address to your clipboard.
Now go back to your Coinbase dashboard, go to Portfolio and on your asset list, click on Bitcoin and click on “Send” on the right.
In the Recipient box, paste the wallet address you copied. To avoid mistakes, always check if both addresses are matching. Typographical errors or certain computer malware may alter the content in your clipboard and you will end up sending funds to another person’s crypto address.
Click “Send”. You will receive a confirmation email immediately. In the email, click on the confirmation link and your coins will be sent to Bittrex!
Go back to your Bittrex account. Click on your exchange wallets. If you don’t see any deposits there yet, don’t panic. The coins are probably still being verified in the blockchain network and in a few minutes ( depending on the network traffic condition of the Bitcoin network), it will be deposited to your wallet. Once your deposit arrives, you’ll receive a confirmation notification from Bittrex.
Now here’s how to purchase an AR.
How can I buy Arweave?
To buy Arweave, follow the steps below
On your Bittrex account, go to Exchange>Basic. And you’ll see constantly flicking figures.
In the right column, you’ll see a search bar. Since you are about to trade BTC to an altcoin pair, make sure “BTC” is selected.
Click on the column and type in “AR”, and you will see AR/BTC. Click on the pair and a price chart of AR/BTC will display in the middle of the page.
Below the chart, you’ll see a box with a green button that says “Buy AR”. Inside the box, select the “Market” tab as it is the best type of buying order. It’s either you choose what portion of your BTC you want to deposit by clicking on the percentage buttons or type in your amount directly. After that, click “Buy AR”.
And that’s everything you need to do on Where to Buy Arweave token (AR) and How to
Can I buy Arweave on Coinbase?
Actually, you can not buy Arwaeve on Coinbase. You can only buy a major cryptocurrency, usually either Bitcoin (BTC) or Ethereum (ETH), and then transfer to the exchange that allows you to buy the AR coin.