Where can I buy moonbeam crypto (GLMR)?
Moonbeam crypto is a parachain on the Polkadot blockchain, which is compatible with Ethereum smart contracts. It is an Ethereum virtual machine EVM that allows you to redeploy Solidity smart contracts in the Polkadot ecosystem without making any changes.
With its ease-of-use and Ethereum-supported environment, it has become a prevalent multichain. Also, Moonbeam staking has encouraged many to buy Glimmer coin (GLMR).
However, as it is not available on several exchanges currently, many often question: where can I buy Moonbeam crypto? If you want to get GLMR, this article will help you learn more about Moonbeam crypto and where to buy it.
What is Moonbeam staking?
Before we answer ‘where can I buy Moonbeam crypto?’ It is essential to discuss the Moonbeam staking rewards. It works with the Proof-of-Stake (PoS) mechanism for the production of blocks. So, it allows you to become a collator or a delegator to earn rewards by staking Glimmer tokens.
These rewards are calculated according to the number of tokens you have staked and your staking time. A separate rewards pool in the ecosystem gives incentives to delegators and collators. You do not have to claim rewards. These are directly transferred to your wallets after the completion of a round.
Moonbeam Crypto: Where to buy?
Now, to answer your question, ‘where can I buy Moonbeam crypto?’ here’s a list of exchanges that support the coin.
Binance is arguably the world’s largest cryptocurrency exchange. It deals with more than 350 coins, and GLMR is one of them. The exchange ensures highly secure trades in almost no time. As Binance can process over 1,400,000 transactions in a second, you can purchase Glimmer quickly through it.
Moreover, trading is economical on the platform as it charges less than 0.10%. To buy GLMR via this exchange, you can follow this simple procedure.
Crypto.com is also one of the top-rated cryptocurrency exchanges. The platform claims to have listed over 250 cryptocurrencies and supports more than 20 fiat currencies. You can securely purchase Glimmer through Cypto.com App.
The platform allows you to trade, store securely, and track the prices of your coins. It also allows faster trading as its matching engine speeds 2.7m transactions per second.
KuCoin is another reliable platform where you can easily get Moonbeam. There are more than 700 different altcoins listed on the forum. Moreover, it is a credible option, serving over 20 million global investors working with various fiat currencies.
In addition, it is available in around 200 countries and allows safe transactions. Also, it provides excellent 24/7 customer support that ensures you can easily use it for trading crypto. Along with several payment options, it offers P2P trading services.
OKX has also listed the Glimmer token, and the exchange is ranked among the top ten names of cryptocurrency exchanges. It gives you various third-party payment options and also allows P2P trading. Along with that, it has low trading fees, and you can get low-interest loans, too.
OKX also allows you to make better returns through its mining pools. Also, you can get early access to new projects on the platform.
Huobi Global can also be a reliable platform for buying Glimmer crypto. It deals with more than 500 virtual currencies and several fiat currencies. Moreover, its security is backed by a reserve of 20,000 Bitcoins for any crisis. Also, your accounts have 2-factor authentication encryption and offline storage to keep your assets secure.
It also offers low trading fees, as spot trading on the platform costs only 0.2%. Moreover, for P2P trading, you would not be required to pay any additional fee. Apart from that, you can easily use your preferred payment method, which makes it more accessible.
Besides these platforms, you can buy Moonbeam tokens from Gate.io, MEXC, XT.com, Bybit, and WazirX.
How to buy Moonbeam crypto?
Here’s the simple process of purchasing GLMR tokens:
Firstly, check Glimmer on CoinMarketCap or Coingecko to get an idea about its current price.
Secondly, select an exchange on which GLMR is listed. Here consider your preferred trading pair, payment method, trading fee, and speed.
After that, create an account on your selected exchange while providing a valid email, phone number, etc. Then verify these details.
Once you have confirmed, you can deposit your desired amount for purchasing Glimmer. There are various payment options; opt for one at your convenience.
Finally, buy the Moonbeam by trading your deposited amount with the GLMR.
This cryptocurrency has emerged as a promising EVM multichain in the Polkadot ecosystem. Besides, many investors are adopting Glimmer tokens because of Moonbeam staking rewards.
In this article, we have listed some of the trusted cryptocurrency exchanges to buy GLMR. Binance is considered the most reliable option because of its security, transaction speed, and minimal trading fees. However, Crypto.com, KuCoin, OKX, and Huobi Global are other authentic platforms to buy moonbeam crypto.
Author: Wasay Ali
Wasay Ali is a versatile professional writer with global experience and a background in mechanical engineering and social science. He is adept at crafting news and informational content for the crypto space and has experience writing for other niches. He is a professional SEO content writer who has worked with several digital marketing agencies and clients in the US, UK, Pakistan, and Europe. He is a dedicated volunteer and enjoys reading, writing, poetry, and going to the gym. He is an INFJ-A personality type dedicated to positively impacting the world. Wasay has a passion for writing as it allows him to express his creativity, share his knowledge, and connect with people worldwide.