Looking to buy Injective (INJ)? Your search ends here! Injective (INJ) is a blockchain built for finance. It powers the most cutting-edge DeFi use cases-from exchanges to lending protocols and prediction markets. It has all unique infrastructure for on-chain financial markets, including spot, perpetual, and options. It also offers cross-chain compatibility and lightning-fast transaction speeds, reaching 25,000+ TPS.
Injective is built with scale and interoperability in mind and uses the Cosmos SDK to ensure decentralized operations with security. Injective has notable investors, supports more than 100 projects in a growing ecosystem, and has more than 150,000 members across the globe.
So if you are looking to buy Injective, this article will guide you with the same.
How to Buy Injective in 4 Easy Steps
Buying Injective is relatively straightforward. It only requires a couple of steps to make it happen. Follow this guide for an easy way to acquire INJ and be part of the ever-increasing Injective ecosystem. Here’s how to do it:
Step 1: Choose a Crypto Exchange Platform
The first step to buying Injective includes selecting a strong crypto exchange that supports the trade of this token. The top exchanges include Kraken, Coinbase, Bitfinex, and Bitvavo; these allow you to use fiat currencies like USD and Euros for the purchase of INJ. For INR users, you can gain access to CoinDCX and WazirX. This can also be traded for USDT, USDC, or BTC on Binance, ByBit, or KuCoin.
Before you choose an exchange, ensure that the given platform has a good reputation and fulfils all the needed parameters, regarding security measures and friendliness in using the features they offer. Ensure that the platform allows your choice of payment mode and gives you enough support to ensure a hassle-free transaction.
Step 2: Register on any of the Platform
Once you have settled on a crypto exchange that trades in Injective (INJ), you’ll then need to register on the platform. To do so, you’ll have to provide basic information about yourself, such as your name, email address, and phone number. You’ll also need to create a strong password for your account.
Most exchanges will ask for identification when registering, and that involves the Know Your Customer (KYC) procedure, which requires you to upload a valid government ID such as a passport or driver’s license, as well as proof of your address. Therefore, preparing these documents beforehand will ensure you get verified in no time and are ready to start buying injectives without any delays.
Step 3: Buy the Cryptocurrency Using Your Feasible Payment Method
Once you have verified your exchange account, you’re ready to buy Injective (INJ) by topping up your account balance. Most of these exchanges will provide several methods of deposit using bank transfer, credit or debit cards, and digital wallets like PayPal. Other payment services supported by the platforms may vary. So, use the method that best suits your needs to process the transaction without any hitch.
If one wants to buy Injective with fiat, they can indeed do this directly via USD or Euro exchange sites such as Kraken, Coinbase, and Bitvavo. CoinDCX, and WazirX, both accept INR in India. Alternatively, you may purchase USDT, USDC, or BTC on Binance, or KuCoin, then swap that into Injective.
Just input the funds, choose how much Injective you would like to buy, and execute the transaction. This highly liquid process lets you buy Injective using a payment method of your choice.
Step 4: Store the Cryptocurrency in a Wallet
Now that you’ve bought Injective, you want to store it safely in a secure wallet. Open the account on your chosen exchange, log in, and find the withdrawal page where you’ll see Injective. You need to input the public address of your wallet; make sure it supports the Injective tokens. Supported wallets are Ledger, Trezor, Metamask, Keplr Wallet, and MathWallet.
Confirm the transfer of the amount of Injective you want to transfer. This process secures your Injective from the risks associated with leaving the token on exchanges. Always make sure to verify your wallet address before you can safely and smoothly transfer it.
Also read: How to Stake DODO (DODO)
Popular video guides on buying Injective (INJ)
Where to buy Injective (INJ)
A perfect place to buy Injective is CoinDCX, in particular for Indian customers. This is a leading crypto exchange that makes buying easy through its user-friendly interface and highly secure trading platform. It adheres to global standards and caters to users who are both beginners and experts. The availability of 24/7 customer support makes navigation seamless, allowing clients to trade their cryptocurrencies without difficulty in the crypto market. Because such a form of entry into the buying of Injective into the world of cryptocurrency, in general, is made smoothly, CoinDCX is quite simply the best.
Factsheet
|
Operational Since: |
2018 |
|
Deposit Methods: |
Bank transfers, UPI, Debit/Credit cards, Crypto transfers |
|
Deposit Fees: |
Nil on fiat deposits |
|
Cryptos Listed: |
500+ |
|
Trading Fees: |
0.03% – 0.50% (Depends upon the trading volume) |
|
Fiat Currencies Supported: |
INR |
|
Trustworthiness: |
Safe and Reliable |
Coinbase is one of the biggest cryptocurrency exchanges. The company was established by Brian Armstrong and Fred Ehrsam in June 2012. Headquartered in San Francisco, the firm assists millions of users around the globe in buying, selling, and storing different cryptocurrencies. Coinbase is also well-known for strong security practices, being fully compliant with regulations, and introducing new investors into this exciting market through a wide range of educational resources.
Factsheet
|
Operational Since: |
2012 |
|
Deposit Methods: |
Cryptocurrency, Bank Transfer, Debit/Credit Card, PayPal and SWIFT. |
|
Deposit Fees: |
Wallet: 1.49% fee, Card: 3.99%, ACH: Free, Wire: Fees. |
|
Cryptos Listed: |
247+ |
|
Trading Fees: |
0.00% to 0.40% for maker fees, and 0.05% to 0.60% for taker fees |
|
Fiat Currencies Supported: |
60+ fiat currencies |
|
Trustworthiness: |
Safe and Reliable |
MEXC, formerly MXC Exchange, was founded in 2018 by a group of blockchain enthusiasts and industry experts. With headquarters in Singapore, it gained great popularity very quickly due to its large selection of cryptocurrencies and trading pairs. MEXC offers various features: spot and margin trading, staking, futures, and other options for both novice and professional traders. The company appreciates the safety of users and provides an easy-to-use interface for cryptocurrency trading.
Factsheet
|
Operational Since: |
2018 |
|
Deposit Methods: |
Credit/Debit Card, Global Bank Transfer, P2P Trading, MEXC Mastercard |
|
Deposit Fees: |
Free |
|
Cryptos Listed: |
1500+ |
|
Trading Fees: |
0.00% for the maker, 0.01% for the taker |
|
Fiat Currencies Supported: |
50+ |
|
Trustworthiness: |
Safe and Reliable |
Frequently Asked Questions
Where Can You Buy Injective With A Credit Or Debit Card?
You can use a credit or debit card to buy Injective (INJ) on some of the exchanges. For USD, purchases can be made directly on Kraken, Coinbase, and Bitfinex platforms. European users can utilize Euros to buy Injective on Kraken, OKX, and Bitvavo. If you are making purchases in INR, consider using either CoinDCX or WazirX. If direct purchases are not readily available, then one can purchase the USDT, USDC, or BTC in exchanges such as Binance or KuCoin and easily swap them into Injective tokens.
What will you need to buy Injective?
To get Injective, a few essentials need to be ready ahead of a smooth buying process. Start with the preparation of the following:
- Crypto exchange verified account: An account on a crypto exchange that supports trading in the Injector must first be set up and verified. ID proof may sometimes be used during the Know Your Customer (KYC) process.
- Debit/Credit Card: Use your deposits made by debit or credit card into your exchange account.
- Primary Cryptocurrency: When you are buying through a secondary method, ensure you have a primary crypto like USDT or USDC to swap with for Injective.
- Crypto Wallet: Set up a wallet in which you’ll store your Injective coins after buying them safely from any risks associated with exchanges.
What is the easiest way to buy Injective?
The easiest way to buy Injective is through one of the user-friendly exchanges that sell it directly on Coinbase, Kraken, or Bitfinex. This allows you to buy the token using fiat, like USD or Euros, making it that much easier for beginners but also for experienced traders who find the process to be not as complicated. You essentially sign up, add funds, and make your buy.
Best wallets to store your Injective (INJ)
Store your Injective (INJ) safely within one of the best wallets that support this cryptocurrency. Here are a few:
- Ledger: The top hardware wallet to store your digital assets safely.
- Trezor: A high-security-rated hardware wallet that offers usability.
- Metamask: The well-known web and mobile wallet that allows easy interaction with decentralized applications.
- Keplr Wallet: A wallet that is specifically designed for cosmos-based tokens, meaning seamless access to Injective.
