Best Exchanges to buy Internet Computer 2022 Pros and Cons

Where to buy Internet Computer

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Internet Computer (ICP) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Internet Computer.

1. Binance

Binance is well-known for its cryptocurrency-to-cryptocurrency trading services. Binance came onto the scene during the 2017 crypto craze and has since risen to become the world's leading cryptocurrency exchange. 

By trading volume, Binance is the world's largest online cryptocurrency exchange. The exchange is also one of the most rapidly growing venues in the cryptocurrency market today. You can easily buy and sell Internet Computer (ICP) using our step by step guide.

The exchange offers investors one of the most diverse selections of cryptos accessible on the market today. The currencies and tokens on sale range from the markets largest by market cap to some smaller and less well-known coins and tokens.

Binance Features

1. Binance trading has some of the lowest costs in the business.
2. On Binance, you can trade over 180 cryptocurrencies.
3. The exchange is available through online and mobile apps for Android and iOS, as well as desktop programmes for macOS and Windows.
4. Binance Futures provides up to 125x leverage while margin trading provides up to 3x leverage.
5. It offers a dedicated help Centre where you may contact the support team or get actual beginning tips and explanations of various exchange operations.
6. It also allows you to make passive income from your crypto assets through staking, crypto lending, and other methods.

How to buy Internet Computer on Binance

Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.

1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.

2. You can purchase Internet Computer (ICP) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Internet Computer you can acquire.

3. Select the payment method and fill the required information than Continue.

4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Internet Computer you may get will be adjusted depending on the current market price. 

5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired ICP in your Binance Spot Wallet immediately.

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2. Coinbase Exchange

If you're searching for a location to exchange cryptocurrency, Coinbase is a good option. Its large range of prominent cryptocurrencies means you'll most likely find what you're looking for, but you'll only be able to trade crypto here.

Clients can receive staking incentives and acquire ownership of their assets themselves. The Pro platform's commissions are competitive, but clients trading small-dollar volumes on its entry-level platform should definitely consider going elsewhere.

Getting Started with Coinbase Exchange

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward. You can open an account with Coinbase by following the easy steps outlined below.

Step 1: Go to Coinbase official website and click the Get Started button in the top right corner of the webpage.

Step 2: Enter your personal information and email with a secure password.

Step 3: Click the create account button after checking the box at the bottom of the form.

Step 4: Verify your supplied email address by clicking on the verification link that was delivered to your inbox.

Step 5: You must provide your cellphone number with the country code to complete the two-step verification process.

Step 6: Enter the code that was delivered to your mobile device and click the Verify button. If you haven't received a code, select the Resend code option.

How to buy Internet Computer on Coinbase Exchange

Follow our step by step guide below to start buying Internet Computer (ICP) on Coinbase Exchange:

1. Log in to your Coinbase account.

2. On the upper right-hand side, click Buy / Sell.

3. Select Internet Computer from the list of cryptocurrencies and click the Buy button.

4. Enter the amount you want to buy in ICP or your local money.

5. Choose a payment method (Credit card, Bank Transfer or Crypto).

6. To confirm your purchase, click Preview Buy (you can always click the back arrow to make a change).

7. If all of the information is accurate, click Buy to complete your transaction.

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3. OKX

OKX is clearly one of the more prolific exchanges on the market. However, the platform's past conduct, particularly how it handled its own users, has been recognized, and it would be smart to anticipate better behavior in the future.

Aside from that, OKX provides a one-stop shop for cryptocurrency trading and investment. OKX costs are in accordance with industry norms, and the exchange claims that it has never been hacked, despite reports to the contrary circulating on multiple occasions.

At the end of the day, OKX is a top 30 exchange with plenty of liquidity - clearly, the exchange is doing something well since it is there.

OKX Features

OKX cryptocurrency exchange is one of the most popular and functional tools for full-fledged work with digital assets today. The platform provides a remarkable collection of currencies, intriguing alternatives, speedy withdrawals, and a high level of system security.

1. OKX is a major cryptocurrency trading platform with a one-stop shop.
2. It is user-friendly and offers an easy-to-use interface.
3. This platform is suitable for both novice and experienced traders.
4. OKEx accepts 30 fiat currencies, including the US dollar, the Chinese Yuan, the euro, and others.
5. It accepts 17 payment methods, including VISA, MasterCard, and others, for acquiring cryptocurrency.
6. OKX's fiat gateway allows customers to purchase crypto for as little as 0% in transaction fees.
7. The spot trading function offers an order book with great liquidity and low spreads.
8. On the perpetual swap and future markets, users may trade cryptocurrency with up to 100x leverage.
9. It prioritizes security and employs offline cold storage methods.
10. The OKX app is also available for phones running Android and iOS.
11. Other apps, such as referral and affiliate, reward users for referring new members to this site.
12. The support system is extremely efficient and can be accessed in a variety of languages.

How to buy Internet Computer on OKX

Follow our step by step guide below to start buying Internet Computer (ICP) on OkX Exchange:

1. Log in to your OKX Account.

2. Under the "Buy" tab, choose the fiat currency you wish to use and Internet Computer from the dropdown menu. Then, enter the amount of fiat cash you wish to spend or Internet Computer (ICP) you want to purchase.

3. Select your desired mode of payment (Credit Card, Bank Transfer or Crypto).

4. Your bought Internet Computer will be instantly deposited to your OKX account after payment is completed.

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4. Huobi Global

Huobi Pro is obviously and trades with lofty goals, as seen by its present aggressive worldwide expansion plan. As a trading platform, the exchange has few competitors in the cryptocurrency sector, and the breadth of digital currencies and tokens supported is a genuine strength. The alternative HADAX market will also earn many followers, and Huobi made a wise decision.

The registration procedure for traders who are not from China, Hong Kong, or Singapore is currently more difficult than ideal, but as local versions of the exchange come up in the United States and other Western countries, this should improve.

Huobi Global Features

1. Provides Multiple Trading options like Margin,spot etc.
2. Payment options that are adaptable.
3. Over 900 trading pairs are supported.
4. Trading commissions are as follows: 0.2 percent for the maker and 0.2 percent for the taker.
5. Available on Google Play and Apple's App Store.
6. Based on trading volume, it is the world's third largest cryptocurrency exchange.
7. 348 cryptocurrencies are supported, with over 927 trade pairings.
8. TradingView charts and tools are included in the advanced trading platform.
9. Competitive Trading commissions of 0.2 percent.
10. Institutional OTC trading.
11. A reserve of 20,000 BTC has been set aside for severe security crises and breaches.

How to buy Internet Computer on Huobi Global

Follow the steps below to buy Internet Computer (ICP) on Huobi Global: First and foremost, please ensure that you have sufficient USDT assets in your balance.

1. Visit Huobi global website. On the home page, select Internet Computer, and then on the next page, click "Buy Crypto"

2. Within 45 seconds, enter the entire amount of money you want to spend or the total number of ICP you wish to acquire. Then, choose "Order." Next, select a payment option and transfer funds straight to the seller using the information given.

3. Then, using the payment option you selected, transmit the complete amount of money within the time period specified. Following payment completion, please click "Paid".

4. If all of the information is accurate, "Confirm" to confirm that you have finished the payment.

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5. KuCoin

KuCoin has become one of the most popular cryptocurrency exchanges in the world. It not only gives you access to over 450 cryptocurrency pairings, but it also allows you to trade crypto-specific indices and Bitcoin futures.

Furthermore, ordinary trading costs are only 0.1 percent, which you may lower by an extra 20% by paying using KuCoin Shares. We also appreciate that you may now deposit funds with a debit or credit card, however you will have to go through a KYC check first.

Moreover, KuCoin is that it is not a fully regulated organization. While this means you may trade crypto-to-crypto pairings anonymously.

KuCoin Pros

• There are almost 200 cryptocurrencies supported.
• There are several payment options.
• Allows for the conversion of money to cryptocurrency and vice versa.
• Downloading mobile apps for Android and iOS devices is simple.
• Micro withdrawal wallets are now available.
• Trading commission is rather minimal.

KuCoin Cons

• Expensive costs when purchasing cryptocurrency with fiat currency (3 percent -12 percent).
• Fiat currency cannot be withdrawn.

Getting Started with KuCoin

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward.

You can open an account with KuCoin by following the easy steps outlined below.

Step 1: To begin, go to the platform's main website.

Step 2: Then, to access the registration form, click the "Sign Up" option.

Step 3: Fill your required information. Verify your supplied email address or Phone Number by clicking on the verification link that was delivered to your inbox.

Step 4: You must provide your cellphone number with the country code to complete the two-step verification process.

Step 5: Now the Account has been created.

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6. Gate.io

Gate.io is one of the fastest-growing cryptocurrency platforms, featuring a premier Initial Exchange Offering (IEO) platform, several cryptocurrencies, leveraged margin trading, and other innovative financial services like as margins loan or loans. Despite having a robust trading engine, the platform interface is fairly cluttered and is not the greatest location for beginner investors to start.

Gate.io Pros

• The platform is available in over 400 markets and 800 coins worldwide.
• The IEO (initial exchange offering) platform is fantastic.
• Strong mobile application.
• There are several options available, including spot trading and margin trading with 10x leverage.
• Exchange that is extremely secure.
• Customer service is available 24/7.

Gate.io Cons

• The exchange is unregulated.
• It is not advised for inexperienced traders.

Getting Started with Gate.io

Creating an account on Gate.io is pretty simple and straightforward, just follow these simple steps below.

Step 1: Go to the official Gate.io website and click Sign Up.

Step 2: On the next screen, enter your email address, and create a password.

Step 3: Next: You must generate a fund password (This password adds an extra layer to your security as without this key no one can withdraw funds from your account).

Step 4: You will be prompted to confirm your email address.

Step 5: Once you've verified your email, you can simply Login to the site and begin trading!

Note: Due to changing regulations, You might need to go through a KYC process to verify your identity.

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Other Exchanges to buy Internet Computer

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy ICP.

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Conclusion

Choosing the best cryptocurrency platform for Internet Computer (ICP) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.

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