Kyber Network Crystal is a promising digital currency that aims to solve the liquidity issues faced by decentralized finance (Defi) platforms. If you want to buy this cryptocurrency, you’ll need a top-rated broker on your side. In this guide, we show you How to buy Kyber Network Coin through a regulated broker that charges super low fees.
How to Buy Kyber Network Coin – Quick Guide
Don’t have time to read this guide on how to buy Kyber Network in its entirety? If so, below you will find four simple steps that will allow you to purchase the digital currency in less than 10 minutes.
- Open an account: To get the ball rolling, you’ll need to open an account with an online broker that supports Kyber Network. eToro is regulated, accepts multiple payment methods, and allows you to buy Kyber Network with low fees.
- Upload ID: You will need to upload a copy of your passport or driver’s license to verify your identity. Your documents should be verified by eToro in a few minutes.
- Deposit: You can now make a deposit into your eToro trading account. The broker supports Visa, MasterCard, Paypal, Neteller, Skrill, bank wire, and more.
- Buy Kyber Network: Finally, search for Kyber Network and click the ‘Trade’ button, enter your stake ($25 min) and confirm your purchase.
eToro allows you to store your Kyber Network crypto tokens within its own secure wallet. As such, you can keep hold of the tokens until you decide to sell your investment.
How to Buy Kyber Network Coin Tutorial
If you’re completely new to online cryptocurrency trading and need some additional guidance – this section of our guide will show you how to buy Kyber Network in a more comprehensive manner.
Step 1: Open an Account and Upload ID
First and foremost, you will need to open an account with a top-rated cryptocurrency broker. Although you might be tempted to use Coinbase – you should know that the platform charges 3.99% to buy digital currency with your debit card – and 1.49% in standard trading fees.
On the contrary, eToro charges just 0.5% on deposits (0% for US traders). As such, we would suggest opening an account with eToro. To do this, simply visit the provider’s website and click on the ‘Join Now’ button.
Next, you’ll need to enter your personal information and contact details – followed by your national tax number. You also need to verify your mobile number and choose a username and a strong password.
67% of retail investor accounts lose money when trading CFDs with this provider.
Cryptoassets are highly volatile unregulated investment products. No EU investor protection.
Step 2: Upload ID
By using a regulated broker that does everything by the book – you’ll need to have your identity verified before you can buy cryptocurrency. At eToro, this part of the process can be completed instantly. All you need to do is upload a proof of address (utility bill or bank account statement) and a copy of your government-issued ID (passport or driver’s license).
Step 3: Deposit Funds
One of the best things about using eToro to buy Kyber Network is that you can choose from a wide variety of payment methods.
- Visa Electron
- Bank Wire
The minimum deposit for US traders is $50 and $200 in most other regions. As noted above, you’ll pay nothing in deposit fees if you’re a US trader using a payment method denominated in USD. Everyone else pays a small FX conversion fee of just 0.5%.
Step 4: Search for Kyber Network
To buy Kyber Network coin in the easiest way possible, use the search box at the top of the page. When you see the Kyber Network logo pop-up – click on the ‘Trade’ button next to it.
Step 5: Buy Kyber Network
The final part of the process is to set up your buy order. This is simple at eToro, as you only need to enter your stake. The platform supports fractional ownership, you can buy any amount of Kyber Network crypto tokens as long as you meet a $25 minimum.
To complete your order, click on the ‘Open Trade’ button.
Step 6: How to Sell Kyber Network
Your Kyber Network crypto tokens can now be found within your eToro portfolio. You’ll notice that the value of your investment updates every few seconds in-line with current market prices. If you want to cash out your Kyber Network crypto tokens, you can do this from within your portfolio by clicking on the ‘Sell’ button.
Where to Buy Kyber Network Coin eToro
Choosing the right cryptocurrency broker buy Kyber Network coin is crucial, as you will be entrusting the platform with your capital.
The most important things to look for when choosing where to buy Kyber Network is as follows:
- Is the broker regulated?
- What fees does the broker charge on deposits, trades, and withdrawals?
- What payment methods are supported?
- Does the platform have sufficient liquidity levels?
- Can you buy and sell Kyber Network on your mobile device?
Taking the above metrics into account, below you will find a small selection of top-rated brokers that allow you to buy Kyber Network in a safe and low-cost manner.
1. eToro – Overall Best Way to Buy Kyber Network Coin
eToro is our number one pick when comes to where to buy Kyber Network. The platform has a growing list of cryptocurrencies that you can purchase with ease. On top of Kyber Network, this includes everything from BTC, XRP, and Cardano to LINK, UniSwap, and ETH.
Each and every digital currency on the eToro platform can be purchased with super low fees. You will also benefit from low fees when it comes to making a deposit. As noted above, US traders can deposit funds fee-free and all other nations pay just 0.5%.
Supported payment methods include Paypal, Skrill, Neteller, Visa, MasterCard, Maestro, bank wire, and more. The minimum deposit is $50 for US traders and $200 for everyone else. The minimum stake per Kyber Network trade is just $25.
eToro – which is home to over 20 million traders, offers a Copy Trading tool that allows you to invest passively. This is because you will automatically copy your chosen trader like-for-like, which is especially great for newbies. The social trading platform also offers a professionally managed portfolio service that includes a basket of cryptocurrencies.
When it comes to safety, eToro is regulated on multiple fronts. This includes the FCA (UK), ASIC (Australia), and CySEC (Cyprus). For those in the US, you’ll be pleased to know that eToro is registered with the SEC and FINRA. eToro also offers a mobile trading app that allows you to buy and sell Kyber Network crypto tokens on the move.
Past performance is not an indication of future results.
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- CFD markets also offered
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- Regulated by the FCA, CySEC, and ASIC
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- Withdrawal and inactivity fees