Also, by buying an altcoin, you support the technology and the project behind it. Cryptocurrency exchanges bring liquidity to the table, allowing people to trade in a few seconds. With a well-established exchange like Binance or Coinbase, you can trade 24 hours a day and every day of the week. Increased liquidity and gradually improving security—in both centralized and decentralized exchanges — means it’s much easier for people to trade, which helps the ecosystem grow. Our BEAM exchanges table show liquidity and also rating to measure how trusted is these liquidity stats.
Cryptocurrency exchanges allow users to store their crypto and, in some cases, even allow them to use yield generating products to earn passive income with deposited crypto. However, storing crypto on an exchange is not recommended, as funds can be lost in the event that the exchange goes bankrupt or is hacked. You can buy BEAM on several cryptocurrency exchanges, including CoinEx, gate.io and MEXC.
The best place to store the crypto you have bought is in wallets outside the exchange. The first choice is a hardware wallet, and then you can go with the official coin wallet and third-party software wallets. The Know Your Customer or KYC process is a way to start trading legally and it is a standard process required by a lot of crypto exchanges.
Beam allows the creation of multiple asset types which can then be exchanged via Beam confidential transaction mechanisms. We work diligently to provide the lowest fees possible, and your entire transaction is completely transparent — meaning no surprise charges. In order to comply with regulation , you are required to submit a national ID or passport in order to authenticate your identity.
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Beam here are both lower fees than competing exchanges, and increased liquidity enabling you to buy and sell quickly to take advantage of market moving news. Every crypto hardware wallet comes with a seed phrase, which basically acts as a key that unlocks the wallet and allows users to transfer the contents of their wallets between different devices. Since it’s recommended to store the seed phrase in a physical form due to security concerns, it’s best to use metal seed phrase storage solutions to protect the seed phrase from being lost or destroyed. Is a privacy-centric crypto exchange that allows traders to buy crypto without completing lengthy and time-consuming KYC.
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If there are multiple forced attempts to enter the Pin code incorrectly, usually the hardware wallet self-destructs. By doing so, all the private & public keys on your device are erased to protect your funds. Ledger is one of the most secure cryoto hardware wallets for storing cryptocurrencies. 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.
According to our research, the total circulating supply of Beam is 138,950,280 BEAM coins, while Bitcoin has a total current supply of 19,356,162 BTC coins. Once you’re logged in, you should be prompted to the main page. Hover over to “Buy Crypto” and select Credit Card if you want to buy crypto from your Credit Card.
The top exchange by buy/sell volume for the last 24h is MEXC Global with usdt trading pair. The best way to store your crypto securely is by using cryptocurrency wallets. When deciding which exchange to use, it’s important to check if the exchange accepts customers from your country.
If you don’t see BEAM in that list, select any of these USDT we will convert it to BEAM after. Then you’ll have to wait for the approval and now you can easily trade Gate.io. To start trading, the first thing you need to do is to sign up on the official website of Gate.io. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio. Beam has a maximum supply of 262,800,000 tokens, of which 81,970,000 are in circulation as of February 2021.
It is undoubtedly the best-known crypto on the planet – even if you were to buy BEAM, you probably know perfectly well what Bitcoin is! There are quite a few technical and even philosophical differences between Bitcoin and many of the altcoins located on the market, and naturally, they differ in terms of popularity and reputation, too. Buying Beam with credit card instantly is the most simple and effective way to purchase new generation alternative assets.
Private, Anonymous Transactions
Altcoins are the various different cryptocurrencies that you will find on the cryptocurrency market . Each of these crypto coins are going to have their own, unique blockchain, and a specific, designated use. As opposed to that, tokens are crypto assets that belong to a specific blockchain, and can be used for crowdfunding and ICO launch-related projects. So, whenever you buy Beam with a credit card, you are actually purchasing an altcoin, and not a token. Many people who choose to buy BEAM with credit card instantly are going to keep the altcoin in their usually-hardware wallet.
In addition, some exchanges are more suitable for users that want to buy and hold, while others cater to active crypto traders. It’s also important to check if the exchange offers all the trading features you might need. Some traders just stick to spot markets, while others also use margin trading and futures.
Who Are the Founders of BEAM?
While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Beam , and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation. Buying BEAM via credit card or debit card is the easiest and arguably the most popular option. Unfortunately, CoinEx, gate.io and MEXC don’t support credit or debit card payment methods. If you still want to use a credit card, we suggest you make a credit card deposit on Binance , buy Bitcoin, and then send it to CoinEx.
Since the cryptocurrency phenomena is gaining momentum and its fanbase is growing rapidly, it’s no wonder that more & more retailers are integrating crypto as a payment method. So, if you choose to buy Beam with a debit or credit card, keep in mind that you can now spend it with a lot of online stores and vendors. The biggest pros of paying with crypto are simplicity of the transactions & high levels of anonymity. Buying BEAM with a credit card, debit card or VISA is not enough – you have to find a secure place to store it & protect your Beam from hackers. That’s where the most secure hardware crypto wallets come into play.
Perks of Buying Beam With Fiat
More and more reliable sources come out and state that, if you buy BEAM or any other altcoin as an investment, it’s as legitimate as if you were to invest in traditional assets. We also gather additional information from different sources to make sure we cover all necessary data or events. We list the top 3 brokers that offer the ability to Buy Beam cryptocurrency with a credit card, debit card, or Bitcoin . 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.
Beam supports custom transactions of different types, such as escrow, atomic swaps and time-locked ones. To solve this issue, BEAM came up with innovative ways of increasing the anonymity of transactions, address balances and user identities. BEAM is a confidential decentralized finance platform that runs on a combination of two blockchain protocols .
In other words, never invest more than you can afford to lose. This is doubly true in crypto, as the market can be very volatile and it is not uncommon for digital assets to go on massive price swings. Getcrypto.info and its affiliates make the information in this web site available as a service to its customers and other visitors, to be used for informational purposes only. While we have tried to provide accurate and timely information, and have relied on sources we believe to be reliable, the site may include inadvertent technical or factual inaccuracies. It’s very important to note that you must use a VPN EVERY time you access Binance international, otherwise it may be detected that you’re in the US and your account will be locked.