Arweave has opened endless possibilities in terms of storing information. It was officially launched in 2018 but it goes back to 2017 when it was first announced as Archain. It holds a permanent, decentralized web and a range of community-driven applications and platforms also known as “The Permaweb”.
Its native cryptocurrency, AR, is used to pay miners to store indefinite network information. It enables us to collectively store and share information across time and space.
Keep reading to know how to buy Arweave.
How to Buy Arweave in 4 Easy Steps
This is a simple 4-step guide that will help you buy Arweave smoothly.
Step 1: Choose a Crypto Exchange Platform
Let’s start by choosing a crypto exchange that supports Arweave and also enables you to pay through your preferred payment method. When selecting a crypto exchange to purchase an AR token, choosing one that supports Arweave and allows payment through your preferred method, whether it’s credit/debit cards, bank transfers, or other payment options is important.
In addition to payment flexibility, evaluate the platform’s reputation, security features, and customer support. A well-regarded exchange with strong security protocols and responsive support can significantly enhance your overall buying experience, ensuring that your transactions are safe and smooth. Prioritising these factors will help you make a secure and informed decision.
Step 2: Register on any of the Platform
The next step to purchasing Arweave is registering on the platform. To begin, you’ll need to provide personal details such as your name, email address, phone number, and permanent address.
Additionally, the exchange will require proof of a valid ID to complete the Know Your Customer (KYC) process and verify your identity. ID requirements may vary depending on your location.
Having all the necessary documents ready in advance will streamline the registration and verification process, allowing you to start trading Arweave without any unnecessary delays.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Now your account is all set up. Start by depositing funds into your account through a preferred payment method. You can use options like bank transfers, credit or debit cards, digital wallet transfers, or third-party payment services.
You can buy Arweave with fiat currencies such as USD on Crypto.com, Cex.io, Euros on Bitvavo, and INR on CoinDCX and WazirX. You can also buy Arweave with USDT (Tether), Ethereum (ETH) and BTC (Bitcoin) on Exchanges like Binance, Bitget, Gate.io, MEXC, KuCoin and Bitfinex.
Deposit funds through your chosen payment method, select the amount of Arweave you wish to purchase and complete the transaction. You’ve successfully bought Arweave.
Step 4: Store the Cryptocurrency in a Wallet
After purchasing Arweave (AR) tokens, the next crucial step is to store them securely. To protect your investment, transfer the tokens from your exchange account to a supported wallet.
Start by navigating to the withdrawal section on the exchange and selecting Arweave. Enter your wallet’s public address carefully.
Choose a wallet that supports AR tokens, such as Arweave Wallet, Metamask, Finnie, Math, Arweave.app, or Ledger. Input the amount you wish to transfer and confirm the withdrawal.
This process ensures your AR tokens remain safe, shielding them from potential exchange security risks. Always use trusted wallets for optimal security.
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Popular video guides on buying Arweave (AR)
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Where to buy Arweave (AR)
MEXC Exchange is a centralised cryptocurrency trading platform offering a wide range of digital assets for trading. It provides advanced features such as spot trading, futures contracts, and margin trading, catering to both beginners and professional traders. MEXC supports high liquidity and secure trading through robust security protocols, including two-factor authentication and cold storage. With competitive fees, a user-friendly interface, and a mobile app, MEXC ensures seamless trading experiences across global markets.
Factsheet
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Operational Since: |
2018 |
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Deposit Methods: |
Credit/Debit Card, Global Bank Transfer, P2P Trading, MEXC Mastercard |
|
Deposit Fees: |
Free |
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Cryptos Listed: |
1500+ |
|
Trading Fees: |
0.00% for the maker, 0.01% for the taker |
|
Fiat Currencies Supported: |
50+ |
|
Trustworthiness: |
Safe and Reliable |
Kraken was launched in 2011 and is now a well-established crypto exchange that serves to be a well fit for all beginners, individual and institutional investors. Kraken Pro offers a perfect fit for experienced traders. This combination can manage all your crypto needs.
Factsheet
|
Operational Since: |
2011 |
|
Deposit Methods: |
PayPal, Debit/Credit, UPI, Crypto |
|
Deposit Fees: |
Kraken charges different fees for different types of deposits |
|
Cryptos Listed: |
500+ |
|
Trading Fees: |
0% to 0.40% of the total cost |
|
Fiat Currencies Supported: |
USD, EUR, GBP, JPY, CAD etc. |
|
Trustworthiness: |
Safe and Reliable |
CoinEx is a global cryptocurrency exchange that aims to streamline crypto trading for users around the world. Supporting 15 languages, it offers a wide variety of services, including spot trading, futures trading, margin trading, automated market-making (AMM), and crypto finance. With a user base exceeding 4 million across over 200 countries, CoinEx prioritises security and reliability.
Factsheet
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Operational Since: |
2017 |
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Deposit Methods: |
Wallet transfer, Debit and Credit card, Bank transfer, Third party mode |
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Deposit Fees: |
Free for cryptocurrencies |
|
Cryptos Listed: |
736 |
|
Trading Fees: |
Depends upon the VIP level from (0.1% to 0.2%) |
|
Fiat Currencies Supported: |
60+ |
|
Trustworthiness: |
Safe and Reliable |
Frequently Asked Questions
Where Can You Buy Arweave With A Credit Or Debit Card?
You can buy Arweave (AR) with your credit or debit card on a few trusted crypto exchanges. Platforms like Cex.io, CoinDCX, and Bitvavo allow you to purchase Arweave directly using your card. If Arweave isn’t available on your preferred platform, you can first buy popular cryptocurrencies like Bitcoin (BTC) or Tether (USDT) and then trade them for Arweave. This makes it simple to get Arweave quickly and securely.
What Will You Need To Buy Arweave?
To buy Arweave you’ll need to do the following:
- Sign Up on a Cryptocurrency Exchange: Register and verify your account on an exchange supporting Arweave. For verification, you’ll require a government-issued ID, proof of address, and sometimes a tax registration number.
- Choose a Payment Method: Select a payment method accepted by the exchange. This could be a credit or debit card, bank transfer, or other options provided by the exchange.
- Get a Secure Crypto Wallet: Obtain a secure crypto wallet that supports Arweave. This wallet will store your tokens safely after purchase.
- Stablecoins for buying Arweave with them: You can also buy Arweave with stablecoins with USDT (Tether), Ethereum (ETH) and BTC (Bitcoin) on Exchanges like Binance, Bitget, Gate.io, MEXC, KuCoin and Bitfinex.
With these easy steps, you’ll buy Arweave smoothly and securely.
What Is The Easiest Way To Buy Arweave?
You can buy Arweave easily by first choosing a reliable cryptocurrency exchange that supports Arweave and your preferred payment methods. You can use bank transfers, or pay with debit or credit cards. After selecting your exchange, check for any fees related to deposits, withdrawals, or transactions. Understanding these fees helps you choose the cheapest exchange when buying Arweave.
Best Wallets To Store Your Arweave (AR)
Choosing a reliable wallet is key when storing your Arweave (AR) tokens. Some of the best wallets for safely storing Arweave include:
- Arweave Wallet: Built specifically for Arweave, offering smooth integration with the network.
- Metamask: A popular browser-based wallet that supports Arweave through custom networks.
- Finnie: A user-friendly wallet for Arweave with a simple interface.
- Math Wallet: Known for supporting multiple blockchains, including Arweave.
- Arweave.app: Provides easy access and secure storage for Arweave tokens.
- Ledger: A hardware wallet offering top-notch security for storing your Arweave tokens offline.
Each wallet offers secure storage with varying features, ensuring your assets remain safe.
