How to buy Helium (HNT)
Helium is a decentralised wireless network built on blockchain technology powered by the Helium cryptocurrency (HNT). The Helium network enables devices worldwide to wirelessly connect to the Internet without high energy needs, expensive hardware, and cellular plans.
This article will explain how to buy Helium in 4 easy steps.
Our step-by-step guide on how to buy Helium (HNT)
Step 1: Choose a crypto exchange platform
First of all, to buy Helium choose a cryptocurrency exchange listing Helium (HNT) coins. Some of them are Kriptomat, Gate.io, WazirX, and ByBit. Ensure that the crypto exchange you select is safe and reliable. Select an exchange according to your location, which is reputed and has a good customer base. Remember that you cannot use your fiat currency to buy HNT on any CEX platform.
Step 2: Register on any of the platforms
After choosing a crypto exchange, you must sign up and create a crypto exchange account. For the registration and profile setup process, the exchange will ask for your details, like your name, email, phone number, and permanent address. After that, you must verify your identity by providing appropriate identification proof (ID proof) based on your location. The exchange management usually takes around 1-2 business days to verify your identity, and once approved, your account will be activated and ready to use.
Step 3: Buy the cryptocurrency using your feasible payment method
You cannot buy Helium in fiat currency pairs. You can initially purchase primary coins or stablecoins like BNB, BTC, USDT, USDC, or BUSD. You can then proceed to trade them for HNT coins in the spot trade section. Alternatively, you can also use peer-to-peer trading options on any cryptocurrency exchange.
Step 4: Store the cryptocurrency in a wallet
To keep your HNT coins more secure, you must transfer and store them in your external digital wallet. Navigate to the withdraw crypto option in your exchange wallet and initiate a withdrawal of HNT. Enter your wallet’s public address and select Helium as the transfer network. Then fill in the amount of HNT you want to transfer and hit withdraw. Ensure that the network at both sending and receiving end should be Helium, or you will lose your HNT coin permanently.
Also read: Helium Price Prediction
Popular video guides on buying Helium (HNT)
Where to buy Helium (HNT)
Also read: Helium Prices Live
1. ByBit
Bybit is a cryptocurrency exchange founded in 2018 by Ben Zhou. The platform has gained popularity in the crypto trading domain for its user-friendly interface, high liquidity, and handy trading tools like the dual price tool.
Factsheet
Header 1 | Header 1 |
---|---|
Operational Since | 2018 |
Deposit Methods | Cryptocurrency, Credit/Debit Card, Third Party Payment, P2P Trading, Bank Transfer |
Deposit Fees | No charges |
Cryptos Listed | 100+ crypto tokens |
Trading Fees | 0.02%-0.06% for the taker, 0.005%-0.01% for the maker. |
Fiat Currencies Supported | 59 |
Trustworthiness | Safe and reliable |
2. WazirX
WazirX is an Indian cryptocurrency exchange founded in 2018 by Nischal Shetty, Siddharth Menon, and Sameer Mhatre. It is considered one of the best beginner-friendly exchanges among new traders. WaxirX allows users to trade cryptocurrency with Indian Rupee (INR), offering trading features such as limit and stop-loss orders.
Factsheet
Header 1 | Header 1 |
---|---|
Operational Since | 2018 |
Deposit Methods | Mobikwik Wallet, P2P trading, crypto-to-crypto wallets |
Deposit Fees | No charges |
Cryptos Listed | 80+ |
Trading Fees | Depends on WRX tokens (ranges from 0.40%-0.10%) |
Fiat Currencies Supported | USD and INR |
Trustworthiness | Safe and reliable |
3. Kriptomat
Founded in 2018, Kriptomat provides a user-friendly platform for buying, selling, and storing cryptocurrencies. The Kriptomat exchange aims to make cryptocurrency accessible to everyone.
Factsheet
Header 1 | Header 1 |
---|---|
Operational Since | 2018 |
Deposit Methods | SEPA bank transfers |
Deposit Fees | 1€ fee for SEPA deposits |
Cryptos Listed | 350+ |
Trading Fees | Depends on transaction type |
Fiat Currencies Supported | 10 European fiat currencies |
Trustworthiness | Safe and reliable |
Frequently Asked Questions
Where can you buy Helium with a credit or debit card?
You cannot buy Helium directly on any crypto exchange. You can alternatively trade it with stablecoins such as Bitcoin (BTC), Ethereum (ETH), or Tether (USDT). You can use a credit or debit card to buy these stable on crypto exchanges like Binance, Kriptomat, or ByBit.
What will you need to buy Helium?
To follow the above-given steps to buy Helium (HNT) coins, you will need a crypto exchange account, for which you need a valid ID proof for verification. You also need a Deposit method (Bank transfer, Credit/Debit card) and a cryptocurrency Wallet (To store and transfer HNT)
What is the easiest way to buy Helium?
The easiest way to buy Helium (HNT) is to create an account with a cryptocurrency exchange with valid ID proof and deposit some funds. Then navigate to the trade section and buy HNT coins. If HNT is unavailable as a pair with your fiat, buy a stablecoin such as BTC, ETH, or USDT and then trade it for HNT coins.
Best wallets to store your Helium (HNT)
The wallet is an essential component when trading cryptocurrencies. It provides more security than keeping your cryptocurrency in an exchange wallet. Ensure that you select a highly secure wallet and have the necessary features. Some wallets to store your HNT coin are Helium Wallet, Metamask, Ledger Nano X, Ledger Nano S, and Trezor.
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