You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that’s right for you. Keeping an eye on developments around both Moonriver and Moonbeam is key to guiding your decision on purchasing, holding or selling your assets. Some exchanges that support the buying and selling of MOVR tokens are Crypto.com and OKX. Additionally, evaluating your investing goals with what MOVR offers is also key to determining whether this asset is for you. Check out the “Is MOVR a Good Investment” section for more factors to consider when investing in this coin. After around 30 minutes or more, go back to your Binance account to check your funds have arrived in the exchange wallets.
You may be told that your account is under review to assess if you are eligible to purchase cryptocurrencies using a credit card or debit card. The cryptocurrency exchange platforms mentioned above, namely Binance and Coinbase, are called P2P exchanges. They allow users to buy and sell digital currency, such as Moonriver, without the involvement of a third party using a transparent process that connects users directly.
Lastly, to transfer your cryptocurrency from Coinbase to your Binance wallet, copy your Bitcoin deposit address given in the step above. Reopen Coinbase, select “Pay” on the left menu, and choose Bitcoin or Ethereum from your list of assets. In this step, you are required to create an account with Binance or another cryptocurrency exchange that supports Moonriver. Create an account with an email and password, verify that you are not a bot, agree to the terms and conditions, and lastly, select the register button. Find an exchange to buy, sell and trade MOVR by comparing deposit methods, supported fiat currencies and fees. KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs.
However, we do not offer financial advice and users should always carry out their own research. On the top menu, click on the buy/sell button, then click on the cryptocurrency you have decided to purchase and fill in the amount of money you want to spend. When this is complete, click the “Buy” button and confirm your purchase by tapping on the “Buy now” button. Following the creation of your account, the next step is to finance it. Depending on your place of residency, brokers and exchanges offer various financing possibilities.
Unfortunately Binance has barred US citizens from using their international exchange. Instead Binance has built a US based exchange- but it does not allow the purchase of Moonriver. It may be easier to use the percentage buttons below the input box- for example, press 50% if you’d like to exchange 50% of your Bitcoin for MOVR.
How to Buy Moonriver (MOVR) in 4 Steps
Just a couple of clicks and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company which prides itself on the usability of its platform. MOVR acts as a utility and governance token for the Moonriver network. The distribution for MOVR is spread between community initiatives, a developer adoption program and long-term network stewardship and adoption. Another key feature of the MOVR token is facilitating an on-chain governance through proposing changes and electing council members. MOVR also serves to support the gas metering of smart contract execution and acts as a means of paying transactions on the network.
The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards. EToro is the most popular choice among investors of Moonriver, using a regulated exchange such as Binance is another option. One of the largest crypto exchange platforms is Binance, offering over 40 fiat currencies and over 500 cryptocurrencies to its users worldwide. Nowadays, most people prefer to use hardware cold wallets, if you want to store a large number of coins or tokens, you can choose to use a hardware cold wallet to store your assets. From humble beginnings, Kraken now offers over 200 digital assets including Moonriver (MOVR).
To protect your money against attempted hacking, this is highly recommended. According to the current information collected by CoinCarp, you can’t buy Moonriver(MOVR) directly with fiat by traditional financial methods(such as Paypal or Bank Cards). Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page. Moonriver (MOVR) is in the top 1,000 cryptocurrencies by market cap, valued at $39,173,155. This exchange is best for investors residing in Australia, Singapore, UK & internationally.
How do I find the best places to buy Moonriver?
This content represents the writer’s opinions and research and is not intended to be taken as financial advice. The information presented is general in nature and may not meet the specific needs of any individual or entity. It is not intended to be relied upon as a professional or financial decision-making tool. Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.
- Cex or Dex exchanges offer some trading pairs for Moonriver trading to meet your needs.
- If your account fails this review process you may want to instead use this method of buying Moonriver on Binance.
- MOVR also serves to support the gas metering of smart contract execution and acts as a means of paying transactions on the network.
- It may be easier to use the percentage buttons below the input box- for example, press 50% if you’d like to exchange 50% of your Bitcoin for MOVR.
To fund your account, just go to “Deposit” option and choose the specific features of how you want to invest your money, for example, the amount and payment method. On Kusama, an Ethereum-compatible, smart-contract parachain exists called Moonriver. It’s apparent that MOVR services a niche purpose regarding the Moonriver network. As such, in terms of wide-scale utility MOVR doesn’t have much to offer.
How to buy, sell and store the cryptocurrency Moonriver (MOVR)
Once your account is secured, return to the dashboard and click ‘security’. You can go to the main page and click on ‘create account’ to fill out the main application form. It will require you to fill in only the basic information, which only takes a couple of minutes.
Once your VPN is set up, follow this guide to buy Moonriver on Binance. Enter the price (priced in Bitcoin) you want to pay for Moonriver in the ‘price’ box. A limit order lets you manually set the price at which you want to buy Moonriver (MOVR).
- You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that’s right for you.
- An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Moonriver.
- We list the top 6 exchanges that offer the ability to buy Moonriver (MOVR) with a credit card, debit card, or Bitcoin (BTC).
- If you’re on a mobile phone, you can click the supplied link to continue verification on your phone.
- This token is central to the design of Moonriver and cannot be removed without sacrificing essential functionality.
- If you want to purchase Moonriver with cash, then it is important to know that you cannot directly purchase Moonriver using cash.
Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods.
Unlike sending money overseas, you can send Moonriver to anyone in the world virtually instantly. If you’re ready to get started, read on for step-by-step instructions and a list of platforms you can buy Moonriver. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated.
Our information is based on independent research and may differ from what you see from a financial institution or service provider. When comparing offers or services, verify relevant information with the institution or provider’s site. The easiest way to buy MOVR is by placing an ‘instant buy’ order to purchase it for a fixed price but not all crypto exchanges offer this feature. An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Moonriver. Binance is one of the largest and most well-known cryptocurrency exchanges in the world. Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease.
Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account. As a decentralized smart contract platform, Moonriver requires the MOVR token to function. This token is central to the design of Moonriver and cannot be removed without sacrificing essential functionality.
Once you’ve received the email click here to go to the Bitcoin/Moonriver exchange on Binance. Once you have Bitcoin, send it to your Binance Bitcoin (BTC) address. However you won’t be able to use any of these options until you’ve added more security to your account and verified your identity. Click the check box to confirm you’re over 18 and click ‘create account’. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
Moonriver is a highly volatile asset capable of major price swings in a single day. Today MOVR is trading for $5.25, which is slightly up from yesterday’s trading price of $5.34. Since MOVR is a niche token intertwined with the Moonbeam network, it’s important to find a reputable exchange or decentralized exchange (DEX) to begin purchasing MOVR. MOVR had an initial coin offering (ICO) in the summer of 2021 and saw a lot of excitement following its release. In September 2021 CoinMarketCap stated that Moonriver was the most trending coin, and a day later identified it as the second highest-trending altcoin. The coin hit an all-time high of about $481 and has since trended mainly downward alongside the rest of the market.