As the use of artificial intelligence (AI) grows, it can be difficult to distinguish between humans and machines. Worldcoin aims to introduce blockchain-based identity tools to help establish and protect our unique human qualities as artificial intelligence becomes more prevalent in society.
This guide explores a background of the Worldcoin crypto project, how it operates, and how to buy WLD, its native token.
Even though it officially launched less than a week ago, Worldcoin is one of the most talked about blockchain projects. In these quick-fire steps, we show how to buy Worldcoin online:How to Buy Worldcoin Token – Quick Guide
How to Buy Worldcoin Online – Full Tutorial
For more detailed steps on how to buy Worldcoin, follow this step-by-step tutorial to get started. Our top recommendation is the Bybit exchange due to its streamlined trading process and competitive fees.
Step 1: Create a Bybit Account
To trade on Bybit, users must first create an account on the platform. This involves visiting the Bybit website and clicking the ‘Sign Up’ icon on the screen’s top right-hand side. Once clicked, users will be directed to the registration page, where they can create an account using their email address or phone number and set a strong password.
After inputting their details, users must tick the ‘Terms of Service’ and ‘Privacy Policy’ boxes before clicking on the ‘Create Account’ tab at the bottom of the page.
Users must verify their email or phone number to proceed to the next stage. Alternatively, customers can opt to open a Bybit account using their Google or Apple ID accounts by selecting the relevant option.
Step 2: Verify ID
ID verification is a key part of most centralized crypto exchange operations nowadays. To enjoy a platform’s full functionality and features, new users are often required to complete the know-your-customer (KYC) process. This is in line with global anti-money laundering (AML) and terrorist financing practices all virtual asset service providers are required to add to their security measures.
Verifying a new Bybit account is a quick and simple process. To get started, simply click on the ‘Verify Now’ icon at the top of the exchange dashboard.
This helpful feature is designed to assist first-time users with uploading the necessary documents. Once the verification page appears, there will be three verification levels to choose from: Basic, Lv.1, and Lv.2.
Users who have successfully verified their email or mobile number will automatically complete the Basic level. However, it should be noted that this level has certain limitations and may restrict users from depositing and withdrawing funds as desired.
To upgrade from the Basic level, click ‘Verify Now’ under Lv.1. Once the button is clicked, a pop-up window will surface with the steps to follow highlighted. Users are often given the choice of uploading their government issued-ID card or driver’s license via the desktop or directly from their mobile device (which the exchange recommends).
To proceed, select the country or region where the document is issued from and select the document type. Click on the ‘Next’ button at the base to continue. On the subsequent page, fix the document ID number and click ‘Next’ to begin the face verification exercise.
Once you are ready to begin facial recognition, click on the ‘I’m Ready’ icon at the base of the screen. Click on ‘Allow’ on the pop-up instruction shown on the web browser used to activate the camera. Follow the on-screen prompts to complete the ‘Selfie’ stage and wait for the account to be verified. It usually takes a few minutes to an hour for the verification status to be updated.
Step 3: Deposit Funds
The next course of action is to fund the new Bybit account. To do this, hover around the profile-like icon on the top of the dashboard and click on ‘Deposit’ in the resulting display. Bybit offers four major funding mediums: ‘One-click Buy,’ ‘P2P,’ ‘Fiat Deposit,’ and ‘Deposit’ (for direct crypto deposits).
To fund the account with fiat currency, select ‘Fiat Deposit’ from the list of subsections and select a fiat currency. Our choice of currency is the USD. Next, insert the amount of USD to fund the account and select a payment method.
For US customers, Bybit offers bank wire transfers and other payment options. Once the details check out, click on the ‘Continue’ button at the base of the screen and follow the on-screen prompts to complete the funding process.
Search for Worldcoin
Once the deposit is confirmed, the next step is to locate the Worldcoin crypto. To do this, type ‘WLD’ into the search bar and select ‘WLD/USDT’ with the ‘Spot’ emblem. This will open up the purchasing page.
Step 4: Buy Worldcoin
The final step is to buy Worldcoin crypto. To do this, switch from the default ‘Limit’ order type to ‘Market’ under the ‘Buy’ icon. Next, insert how much of the digital passport token to buy into the ‘Order Value’ box. Then click on ‘Buy WLD’ to initiate the order. Once this is done, the WLD crypto will automatically be added to the user’s Bybit Spot wallet.
Where to Buy Worldcoin Crypto – Best Platforms
When it comes to investing in WLD tokens, selecting the right brokerage platform holds significant importance. Ensuring you select a reliable and legitimate platform is essential to safeguard yourself from potential fraud.
Below, we have reviewed some top brokers for purchasing WLD tokens in 2023. This list comprises centralized exchanges like ByBit, Bitget, Binance, and BitMart, as well as a leading decentralized exchange, Uniswap.
Bybit – Overall Best Crypto Exchange to Buy WLD
Bybit is our top recommendation for traders looking for the best crypto exchange to buy WLD. The trading platform was founded in 2018 and has its headquarters in Dubai. The innovative trading hub offers users a variety of features to simplify users’ experience.
These integrations include an intuitive interface that appeals to beginner and advanced traders. At press time, the platform offers up to 788 digital assets, allowing investors to buy Bitcoin and altcoins like WLD. Users can trade WLD on Bybit using the WLD/USDT and WLD/USDC trading pairs.
With Bybit, investors are not required to provide know-your-customer (KYC) personal details before trading crypto assets. However, users are encouraged to complete KYC and other verifications to access full services.
The platform offers access to advanced trading features, leveraged trading options, derivative trading, perpetual contracts, and spot and margin services.
For those interested in leveraging the derivative option, Bybit allows traders to earn gains on crypto assets without trading. It can go up to 100x leverage on BTC and 50x for other crypto assets.
However, high-leverage trading is volatile, making it risky for beginner traders. The major downside to Bybit is its service restriction in the United States due to regulatory clarity issues.
Regarding deposits, the platform provides seamless channels such as crypto, credit, and debit card, e-wallet solutions like PayPal, Google Pay, and SEPA, and peer-to-peer (P2P) payments. All deposits are fee-free, except withdrawals with a commission fee that varies based on crypto, transaction amount, and region.
For fees, the crypto exchange uses a maker-and-taker model – a trading fee of 0.075% for makers and -0.025% for takers.
The platform offers two-factor authentication (2FA), cold storage, Distributed Denial-of-Service (DDoS) protection, a risk management team, and an insurance fund to protect traders from market volatility.
Bybit is licensed by the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA), ensuring its legitimacy and safety.
Binance – Popular Crypto Exchange With Competitive Fees
Another alternative platform to buy WLD is Binance, the biggest and most popular crypto exchange by trading volume and millions of customers worldwide.
The platform is designed to be a market hub for beginners and advanced traders due to its intuitive interface, basic trading dashboard, and advanced trading features.
With Binance, users can get access to both small-capped and large-capped assets. At press time, the exchange offers 350+ tokens, which include top cryptos like WLD, BTC, and ETH. Investors can trade WLD tokens using Bitcoin and USDT coins.
Besides the stellar trading design and a large list of assets available, Binance enables users to start their crypto investment with a minimum of $10 deposits, enabling new traders to access the burgeoning digital asset market.
Regarding trading experience, Binance offers one of the lowest fees in the industry. Maker fees range from 0.1% – 0.02%, while Taker fees range from 0.1% – 0.04%. Furthermore, trading fees are reduced when investors agree to settle trading fees via the Binance crypto, BNB coin. BNB holders receive a 25% discount and pay 0.075%.
For payment methods, the exchange integrates industry-leading deposit channels to enable users to deposit funds instantly to their account balance and start trading. These methods include bank wire transfers, crypto deposits, credit and debit cards, peer-to-peer (P2P), and e-wallet solutions like Apple Pay and Google Pay.
Crypto deposits and withdrawals are free, but mining fees apply. Investors should note, however, that credit and debit card purchases are subject to a 3.5% commission.
Another great feature that makes Binance a great exchange is its comprehensive education for traders through e-learning blogs and detailed articles on how to buy cryptocurrencies like Bitcoin and Ethereum on their platform.
The platform also protects users’ information with two-factor authentication (2FA), FDIC-insured USD balances, device management, addresses that allow listing, and cold storage.
Uniswap – Best DEX to Buy WLD Token
Uniswap presents a new trading structure for crypto traders and investors. The platform is designed to be a decentralized exchange (DEX), an automated market maker (AMM).
As a decentralized exchange, the platform does not rely on a third party to hold users’ funds; users are solely responsible for their funds.
The DEX was founded in 2018 and powered by the Ethereum blockchain. Like all crypto platforms, Uniswap has its pros and cons. Its stellar feature that appeals to investors is its fast startup structure.
With a crypto wallet, investors can open a Uniswap account and start exchanging tokens seamlessly without the usual requirement of know-your-customer (KYC) verification that requires personal details.
Another major advantage is the Uniswap Ethereum mainnet. Traders can access ERC-20 tokens such as WLD on the DEX.
Unlike Bybit and Binance, traders cannot use fiat currency to purchase crypto assets on Uniswap. This means centralized exchange payment methods such as bank wire transfers, credit and debit cards, and e-wallet solutions do not apply. Instead, traders would have to transfer their digital assets and swap them for WLD tokens instantly.
Crypto enthusiasts with no form of cryptocurrency (mostly beginner traders) cannot trade on Uniswap. Besides the exchange setup, it’s also not as user-friendly as centralized exchanges.
Regarding fees, Uniswap charges a 0.3% standard fee for each ERC-token swap. However, swaps can get costly due to Ethereum gas prices which often spike due to high network usage.
Bitget – Secure Cryptocurrency Exchange With User-Friendly Platform
Bitget is another centralized exchange alternative to buy WLD. Founded in 2018, Bitget has grown into a trusted crypto trading platform with over eight million registered users globally.
Like Bybit, Bitget features a simple-layout trading interface that enables novice and advanced traders to navigate through trading features without complexities. Users can trade up to 400 assets, including WLD, BTC, ETH, and USDT. Traders can purchase WLD using USDT.
The platform does not require KYC registration to sign up, making it an anonymous platform for instant crypto market trades.
However, it should be noted that users with non-KYC will have a daily withdrawal limit of $50,000 daily. Beginner traders can start their trading journey at Bitget with only a minimum deposit of $10.
While there are major features, the platform offers derivatives trading, and a one-click copy trading system stands out as the major integrations that appeal to global traders.
Derivative trading is built on the liquidation price of financial assets such as bonds or stock bonds. Users can buy or sell these derivative contracts for speculation, earn profit from an underlying market, and leverage 125x on cryptocurrencies.
The one-click copy trading system is perfectly designed to tend to beginners traders. With this option, newbie traders can copy the trade strategies of successful traders and earn a profit on trades when they do.
While these are amazing features, Bitget lacks limited withdrawal methods. The platform only supports crypto withdrawals. Users that prioritize fiat withdrawals may need to consider other platforms.
Nonetheless, Bitget shines with its low trading fees for spot and derivative trades. There is a maker-and-taker fee of 0.1% for spot trading.
This is slightly higher for futures trading, with a maker fee of 0.02% and a taker fee of 0.06%. Copy trading is free. However, users are charged commissions which vary based on the profit earned.
Regarding deposit methods, Bitget integrates some of the best payment channels in the industry, such as bank transfer, credit and debit cards, peer-to-peer (P2P), and crypto. Revered third-party solutions like Apple Pay and Google Pay are also supported.
For security, Bitget has implemented security measures such as two-factor authentication and cold storage to ensure the safety of users’ funds.
The exchange has also received licenses from Canada, Singapore, and Australia. This means traders of the mentioned countries are legally allowed to buy and sell WLD and other digital assets seamlessly.
BitMart – Crypto Exchange That Supports Different Trading Strategies
BitMart seamlessly rounds up our list of the best exchanges to buy WLD. Founded in 2017, the global exchange is based in the Cayman Islands.
Since its debut, BitMart has grown to offer simple and secure crypto products and services.
The trading platform enables individuals and institutions to buy, sell, and trade over 1,500 crypto assets, including WLD and over 1,000 trading pairs. Customers will find the exchange’s sign-up process smooth, with only email and password being required in addition to email confirmation.
Although KYC is mandatory for full exchange access, such as spots and futures trading, basic traders keen to only deposit and trade small-volume assets don’t need to process KYC verification.
Regarding tracing experience, BitMart trading options encompass margins, futures, and spots to cater to beginners and experienced investors. Notably, the exchange’s futures market comes with leveraged trading up to 100x.
A non-fungible tokens (NFTs) marketplace is provided to unite NFT enthusiasts, crypto investors, and creatives on a single platform.
All features, like buying, selling, and transferring NFTs, are fully operational and seamless, making for a great and exciting experience.
Investors can also leverage the platform’s decentralized financial (DeFi) services to interact with several value-driven decentralized applications (dApps) to complement trading services.
With a minimum deposit of $1, users can begin trading a crypto asset such as WLD. There are a variety of reliable payment methods supported by this exchange. These include crypto, credit or debit cards, bank transfers, and third parties channels like PayPal, Apple Pay, MoonPay, and Simplex.
For fees, BitMart also uses a maker-taker pricing structure that starts at 0.25%. Trading fees are reduced when users trade via the BitMart native token, BMX coin. BMX holders receive a 25% discount on fees.
The NFT marketplace is currently levied at a fixed 1% trading commission. Regarding security, the BitMart website asserts an “advanced risk control system,” IP address detection, multi-signature technologies, and two-factor authentication (2FA).
In addition to its best-industry security practices, BitMart is recognized as a Money Service Business (MSB) by the Financial Crimes Enforcement Network (FinCEN).
What Is The Worldcoin Crypto Project?
Worldcoin is an open-source protocol that aims to provide universal access to the global economy.
The project operates on a decentralized model and offers a reliable solution to distinguish between human users and online AI interactions. By doing so, it aims to foster democratic processes worldwide and create enhanced economic opportunities for all.
The core components of the protocol comprise the privacy-focused digital identity network known as World ID, which relies on proof of personhood, and the WLD token.
To acquire a World ID, users simply need to download the World App, which seamlessly integrates with the protocol. However, to complete the verification process, they must use the Orb, a ball-shaped biometric verification device provided by the startup, to scan their eyeballs.
Through World ID, individuals can authenticate their genuine human identity across any platform integrated with the protocol.
On July 24th, 2023, the Worldcoin mainnet became operational, and its native WLD token is now listed on major cryptocurrency exchanges, such as Binance, Bybit, Huobi, OKX, and Gate.io.
During its launch, 143 million WLD tokens were issued, with 100 million allocated to market makers. The remaining tokens were distributed to early investors who underwent identity verification by scanning their irises during the pre-launch phase.
The project leaders have also revealed plans to retain approximately 20% of the tokens. They intend to utilize their value to finance future Orb scanner production, protocol ecosystem development, and project maintenance.
Is Worldcoin a Good Investment
Worldcoin, with its unique innovation, has kept the crypto community in a frenzy. Moreover, investors are curious about the nascent project and what it could offer.
Not sure why there’s so much rave about WLD in the investment community. This section explains why Worldcoin could be a wise decision.
Governance Priority
The Worldcoin token (WLD) serves dual purposes, offering utility while empowering users to influence the direction of the protocol.
By possessing WLD tokens and a verified World ID, individuals gain access, ownership, and the ability to participate in the protocol.
Currently, Web3 heavily depends on token-based governance – where each token represents one vote – for collective decision-making.
This approach has the drawback of excluding certain individuals from participation while disproportionately favoring those with greater economic influence.
The introduction of a trustworthy, Sybil-resistant proof of personhood, such as World ID, can expand the possibilities for democratic governance on a global scale, not only within Web3 but also across the entire Internet.
Moreover, if AI is to truly benefit all of humanity rather than a privileged few, it will be crucial to involve everyone in its governance process.
Digital Identity
The lack of a robust and seamless digital identity is evident through various symptoms, such as the prevalence of bots on Twitter, spam messages, and robocalls.
The situation is further worsened by the rapid advancements in AI models that can solve CAPTCHAs and generate content indistinguishable from humans.
To counter these issues, it is crucial to have an inclusive and privacy-preserving solution that serves as a public infrastructure for verifying personhood. If every message or transaction had a “verified human” property, it would effectively filter out significant digital noise.
The Worldcoin project proposes a solution to this problem by offering a distinct digital ID tied to an individual’s real-life identity through iris scanning.
This unique identity, known as “proof of personhood,” enables users to differentiate themselves from AI machines while safeguarding their true identities.
The project’s ultimate goal is to establish a decentralized, blockchain-based identity network that provides users with a means to verify their humanity without compromising their real-world identities.
Finance and Identity Convergence
The convergence of finance and identity involves various aspects, such as coupons, loyalty programs, and referral programs that entail sharing value with customers.
Historically, this practice has been vulnerable to fraudulent activities due to the enticing incentives for malicious actors.
However, with seamless and fraud-resistant digital identity solutions, the interests of both consumers and companies can be effectively aligned, leading to mutual benefits.
These advancements could lead to a new trend in which companies partially own their users.
Additionally, this progress would facilitate nearly instantaneous and borderless money transactions globally, making them accessible to all individuals.
As a result, the world could become financially interconnected, enabling everyone to participate in economic activities on the Internet.
Is It Worth Buying Worldcoin In 2024?
The Worldcoin token (WLD) is designed to offer utility and grant users a say in shaping the Worldcoin protocol’s direction.
Upon its launch on July 24th 2023, the price of the WLD token saw an astounding surge, soaring from $0.3 to an all-time high of $3.58. Following this meteoric rise, the price has experienced some fluctuations, which is not uncommon for a newly listed coin.
The remainder of 2023 saw the Worldcoin moving volatility on the price charts, mostly because of the regulatory blowback it was receiving in several countries. However, Bitcoin’s surge helped the Worldcoin price grow higher, allowing it to touch beyond the $4 mark as it entered 2024. In the first half of February, however, Woldcoin saw a massive rise that pushed it to its all-time high value of $7.6.
One key factor that could significantly impact the token’s price is its innovative token identification and distribution approach. Furthermore, the scheduled Bitcoin halving in April 2024 aligns with projections for a potential crypto bull market, which may further influence the price of WLD.
Moreover, the token’s free distribution model might lead to a substantial increase in supply, potentially affecting its price dynamics.
For investors who firmly believe in the fundamentals of Worldcoin and its decentralized aggregator platform, now may be the best time to consider purchasing the token. See our Worldcoin price prediction post.
Ways To Buy Worldcoin
Investors can use several payment options to purchase Worldcoin token in less than eight minutes. Below are some of the easiest methods:
Buy Worldcoin With Bitcoin
Investors can buy WLD tokens using an exchange that supports Bitcoin trading pairs or a BTC conversion to other crypto assets.
Binance supports direct BTC/WLD trading pairs. Once the investor transfers their BTC to the exchange, they can start trading Worldcoin instantly. The alternative is to use the conversion feature on Bybit – our overall best exchange to buy WLD.
Bybit offers two trading pairs for Worldcoin purchases. These are the WLD/USDT and the WLD/USDC. For customers who hold Bitcoin, the first step would be to convert their BTC to USDT or USDC to trade WLD in the spot market.
Buy Worldcoin With Paypal
Paypal is arguably the most popular third-party payment option in crypto exchanges. The platform acts as an e-wallet solution for users keen to purchase WLD instantly. While PayPal allows customers to buy Bitcoin and other altcoins like Ethereum, investors can’t buy WLD on the platform.
The alternative to this is to use a cryptocurrency exchange that supports PayPal as a payment option. One of the best options to do this is the Bybit P2P exchange.
To accomplish this task, the user must navigate to Bybit and click the ‘Buy Crypto’ button. From there, they should select the P2P trades option, which will provide a list of vendors with advantageous payment choices, such as PayPal deposits.
After choosing ‘PayPal’ as the preferred payment method, a list of vendors offering USDT or USDC in exchange for PayPal payment will be displayed for trading. Upon completion of the P2P transaction, the user will receive their USDT coin and can trade it for Worldcoin.
Buy Worldcoin With a Credit or Debit Card
Credit and Debit card purchases have become a traditional payment method for goods and services globally. The crypto market is filled with many exchanges and brokers supporting debit and credit card payments. Investors can buy cryptocurrencies on Bybit using their debit cards.
The fees differ per location. The exchange also offers customers its custom-made Bybit card, which can be funded with fiat currencies like GBP or EUR and digital currencies like Bitcoin and USDT.
Worldcoin Price Prediction – Where Does Worldcoin Go From Here?
As noted above, Worldcoin was co-founded by Sam Altman, the founder of OpenAI – the company behind ChatGPT. It has garnered significant attention from investors due to its impressive lineage, resulting in a substantial user base of two million during its beta stage.
In addition to its current performance, there is considerable curiosity surrounding the future potential of Worldcoin.
Worldcoin Price Prediction 2024
The Bitcoin halving is scheduled for April 2024, aligning with the latest projections for the crypto bull run in 2024.
Nevertheless, the impact of this halving on Worldcoin’s price remains uncertain. As of July 2023, 110 million WLD tokens are circulating out of a total supply of 10 billion, as stated in the Worldcoin whitepaper.
It is anticipated that 4 billion tokens will be unlocked from 2023 until the end of year three post-launch.
Given the current limited token utility, the market cap of Worldcoin at $23 billion appears to be an overvaluation. Considering the vesting schedule, any potential increase in WLD’s market cap is unlikely to significantly affect its price.
Therefore, in our Worldcoin price prediction, we estimate that the price might achieve a low of $3.5, a high of $5.8, and an average price of $4 by the end of 2024.
Worldcoin Price Prediction 2025–2030
Despite its successful start, there have been privacy concerns within the crypto community. This could hinder the project from gaining support from the crypto community until it establishes its credibility regarding security and decentralization.
Yet, the innovative method it employs for token identification and distribution could significantly influence its price.
As the adoption rate rises, the demand for the token is likely to increase, consequently driving up its price.
Furthermore, the token’s free distribution model might lead to a substantial supply increase, which could also affect its price. By 2030, the circulating supply of WLD is projected to surpass 8 billion units.
While the long-term outcome remains uncertain, considering the available information, our Worldcoin price forecast for the end of 2030 suggests a range from lows of $4 to highs of $9, with an average price of $6.5.
Best Worldcoin Wallet
Once a WLD token has been purchased, the next important step is storage, mostly through a crypto wallet.
A crypto wallet is a device built to securely store, send, receive, and manage digital assets seamlessly. There are two major types of crypto wallets: hardware and software.
Hardware Wallet is a physical device that stores cryptos and other digital assets. Traders can use this device to conveniently store large amounts of WLD due to its large space allocation for assets.
Hardware wallets are cryptocurrency wallets stored offline. These types of wallets need to be connected to the Internet and require the user’s private keys to authorize outgoing transactions. This makes it less susceptible to online fraud and cyber thieves.
Software Wallet is an application that can be installed on a laptop or mobile smartphone. Software wallets use the Internet and integrate a real-time intuitive interface where users can easily manage their portfolios.
Despite the smooth user experience, there’s a concern about security due to its online feature, which creates the danger of computer hacks.
For traders who value security, usability, and interaction with smart contract features, Binance Chain Wallet is the top choice software wallet to hold Worldcoin tokens and other digital assets.
The Binance Chain Wallet is a wallet extension of the revered Binance exchange. This integration enables users to access the crypto market in real-time, receive and store assets, and transfer to other addresses for low commissions and private keys for full control of portfolios.
After setting up the wallet, traders will have access to the full features of the Binance platform. These include the Binance Earn program, which enables traders to invest their WLD tokens and earn a press time annual percentage rate (APR) of 9.69% gain without even trading.
Binance Chain Wallet incorporates an intuitive interface that’s easy to navigate, private keys encrypted locally on devices, and is more well-known and trusted.
Storing WLD tokens via this wallet allows easy exchange and trading, making it suitable for long-term and daily traders.
Best Worldcoin Alternative – Smog (SMOG)
Even though Worldcoin has been able to reach its all-time high in 2024, fears in the market remain about the privacy concerns associated with this project. Therefore, investors are veering towards assets with a lot more privacy-focused approach, and they don’t get any better than meme coins.
The leading meme coin that has been grounded this year is Smog. Diverting from the norm of doge-based tokens, Smog has taken a more fantastical route with its dragon-based token. Launched in 2024 – the year of the dragon – Smog is a Solana-based memecoin project aiming to provide the best Solana airdrop in the ecosystem.
The distinguishing factor around its airdrop comes from its gamified approach. No longer will the SMOG tokens be airdrop to random users. Smog holders would have to earn their keeps, or in other words, complete tasks and challenges set out for them. These tasks are organized by zealy.io, and they consist of simple marketing tasks such as sharing unique quests like using SMOG to burn BONK, another Solana-based memecoin that became a leading asset to reach a 1 billion market capitalization in 2023.
Smog’s virality, coupled with the cleverly designed tasks meant to create the community engaged while expanding it at the same time, allowed it to hit the ground running and exceed $100 million in market capitalization in less than a week. While it doesn’t necessarily have the robust utility of a world coin, its community-centric approach, transparent tokenomics, and gamified take on Airdrops make it a suitable token to invest in.
During launch, Smog was available on Jupiter DEX for purchase. However, the devs have now launched an Ethereum bridge, which allows investors to buy the tokens directly from the official website. Using ETH or USDT to buy SMOG also comes with a 10% discount. Furthermore, the bridge has also added a staking utility letting investors put their SMOG holdings to work to generate APY rewards.
Summary
In summary, Worldcoin aims to create a global and inclusive identity and financial platform owned by most of humanity.
In our article, we explored various platforms to buy digital assets, how to buy them, and the recommended wallet for storage, amongst others.
However, privacy issues might hinder its adoption. Investors looking for an alternative can consider investing in Smog instead. This meme coin has introduced new imagery and a new utility that gives it both short-term perks and long-term upsides.
Read More
- 10+ Best Beginner Cryptocurrency to Invest In – 2023 Guide
- Best Crypto Exchanges – Top 10 List
- Worldcoin Price Prediction – WLD Price Potential in 2023
FAQs
How do I buy Worldcoin in the US?
The Worldcoin cryptocurrency is currently unavailable in the United States, and it remains uncertain if this situation will change. This restriction comes amidst a wider effort by U.S. regulators to tighten control over digital assets, as there are increasing concerns about their potential role in promoting fraud and speculation.
Can I buy Worldcoin on Coinbase?
Currently, Worldcoin is not available on Coinbase. Nevertheless, individuals can register and receive updates about Worldcoin, ensuring they are promptly notified once it becomes available on the exchange.
How much does Worldcoin cost?
According to Coinmarketcap, the price of Worldcoin is $7.96. Presently ranked at #74 on CoinMarketCap, the cryptocurrency boasts a live market cap of $1.4 billion and a circulating supply of 130 million WLD Coins.
Is Worldcoin a good investment?
After the mainnet launch, WLD's community will play a decisive role in defining the token's applications, although several use cases are anticipated to surface. The WLD token will primarily empower its holders with governance rights and allow transactions within the World App. Some users might also opt to utilize WLD tokens to preserve value or conduct various financial activities, such as remittances, artist tipping, or purchasing goods and services.
How do I buy Worldcoin prices?
Users can easily buy Worldcoin from any of the recommended exchanges above. Our best exchange to buy WLD is Bybit, while the alternative is Binance. The first step is to create an account and verify it before they can buy WLD tokens.
Is WorldCoin safe?
The project has faced criticism regarding users' privacy protection. However, the team has assured users in the Whitepaper that any personal data shared with Worldcoin is encrypted in transit and at rest.
Who owns WorldCoin?
The Worldcoin project was created by Tools by Humanity (TFH), a tech company. OpenAI CEO Sam Altman co-founded TFH. However, the Whitepaper notes that Worldcoin operates as a decentralized open-source protocol backed by a worldwide community of developers, economists, and technologists. The ultimate goal is to transform it into a public network collectively owned by all participants.