Sonic (SONIC) is making waves as a high-performance blockchain built for speed and scalability. With the ability to process 10,000 transactions per second (TPS) and sub-second finality, it is one of the fastest Layer 1 networks available. This cutting-edge technology is designed for the next generation of DeFi applications, offering developers and users a seamless experience. Sonic stands out because of its Fee Monetization (FeeM) program, which rewards developers with up to 90% of the fees their apps generate.
This model brings a new way to earn in Web3, mirroring ad-revenue systems in Web2. The Sonic Gateway further enhances the experience by offering secure and efficient liquidity access via Ethereum. If you want to buy Sonic and become part of this growing ecosystem, this guide will walk you through the process step by step. Let’s get started!
How To Buy Sonic In 4 Easy Steps?
Purchasing Sonic tokens is a simple process when you follow these steps. From selecting the right exchange to storing your tokens securely, this guide will help you navigate the process effortlessly.
Step 1: Choose A Crypto Exchange Platform
The first step in buying Sonic is selecting a trusted crypto exchange. Ensure to choose a platform that offers strong security, seamless transactions, and the right trading pairs for your preferred currency.
For those looking to buy with US Dollars (USD), Kraken, OKX, and Bitfinex provide a straightforward way to purchase Sonic. If you prefer using Euros (EUR), WhiteBIT and Binance allow direct purchases. Indian investors can use Giottus and CoinDCX to acquire Sonic with Indian Rupees (INR).
For users who already own cryptocurrencies, altcoin trading pairs are also available. Tether (USDT) holders can trade on Bitget, ByBit, BitMart, and Gate.io. Those who prefer Bitcoin (BTC) can buy Sonic on Binance, while USD Coin (USDC) pairs are supported on KuCoin, Fastex, and CoinEx. Selecting the right platform ensures a smooth buying experience.
Step 2: Register On Any Of The Platform
Once you have decided on a platform, the next step is to create an account. Go to the exchange’s signup page and provide essential details, such as your email, phone number, and residential address. To complete the verification process, you will need to submit a valid government-issued ID, such as a passport or driver’s licence.
Most exchanges complete verification within a few hours, allowing you to access trading features quickly. After completing this step, you are ready to buy Sonic.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
With your exchange account set up, it’s time to fund it and proceed with your purchase. If you are using fiat currency, Kraken, OKX, and Bitfinex allow direct purchases in US Dollars. For Euro transactions, WhiteBIT and Binance provide a secure way to buy. Indian Rupee users can purchase Sonic via Giottus and CoinDCX.
For those preferring altcoin transactions, you can trade Tether (USDT) on Bitget, ByBit, BitMart, and Gate.io. Bitcoin (BTC) holders can buy Sonic on Binance, while KuCoin, Fastex, and CoinEx support USD Coin (USDC) trading pairs. Depending on the exchange, you may fund your account using bank transfers, credit or debit cards, or crypto deposits. Follow the platform’s steps to complete your purchase and add Sonic to your portfolio.
Step 4: Store The Cryptocurrency In A Wallet
After purchasing Sonic, transferring your tokens to a secure wallet is essential. Keeping them on an exchange for too long exposes them to potential risks. Start by withdrawing Sonic from your exchange account and entering your wallet’s public address.
Ensure you select a wallet that supports Sonic for better security and accessibility. Reliable options include OKX Wallet, Rabby Wallet, BitGet Wallet, MetaMask, and Trust Wallet. Choose the amount you wish to transfer, confirm the transaction, and safeguard your investment by keeping your tokens in a secure wallet.
Popular Video Guides On Buying Sonic (SONIC)
Where To Buy Sonic (SONIC)
Established in 2012, Bitfinex is a pioneering cryptocurrency exchange renowned for its advanced trading features. The platform offers a comprehensive suite of services, including spot trading, margin trading, and peer-to-peer financing. Bitfinex supports a wide array of digital assets, providing traders with diverse options. The exchange emphasizes security by implementing robust measures such as two-factor authentication and cold storage solutions. Bitfinex also provides access to an over-the-counter (OTC) market, catering to institutional investors seeking large-volume trades. Its commitment to innovation and user-centric tools has solidified its position in the global cryptocurrency market.
Factsheet
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Operational Since: |
2012 |
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Deposit Methods: |
Credit/Debit Card, Bank Wire, Crypto, and Tether |
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Deposit Fees: |
0.1% (Min 60 Euro/USD) for wire transfer and 0 for cryptocurrency |
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Cryptos Listed: |
170+ |
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Trading Fees: |
0.1% for the maker and 0.2% for the taker |
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Fiat Currencies Supported: |
USD, EUR, JPY, TRY, GBP |
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Trustworthiness: |
Safe and Reliable |
Launched in 2018 and registered in Lithuania, WhiteBIT is a centralized cryptocurrency exchange that has rapidly gained prominence. The platform offers more than 400 trading pairs, enabling both crypto-to-crypto and crypto-to-fiat transactions. WhiteBIT provides a range of trading options, including spot trading, margin trading with up to 25x leverage, and staking services. The exchange prioritizes security, employing two-factor authentication, cold wallet storage for 96% of assets, and compliance with KYC and AML regulations. Its user-friendly interface and competitive fee structure make it accessible to traders globally.
Factsheet
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Operational Since: |
|
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Deposit Methods: |
2018 |
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Deposit Fees: |
Advcash, Perfect Money, Visa/Mastercard, GEO Pay E-wallet, NixMoney E-wallet |
|
Cryptos Listed: |
Varies by method; typically, bank transfers and crypto deposits are free, while credit/debit card deposits may incur a fee. |
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Trading Fees: |
300+ |
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Fiat Currencies Supported: |
0.1% for both makers and takers |
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Trustworthiness: |
USD, EUR, GBP, RUB, UAH, KZT, PLN, TRY, CZK, BGN |
Founded in 2017, KuCoin is a Seychelles-based cryptocurrency exchange that has established itself as a global player in the digital asset market. The platform offers a wide range of services, including spot trading, margin trading, futures trading, and staking. It supports a vast selection of cryptocurrencies, providing users with numerous trading pairs. The exchange operates its native token, KuCoin Shares (KCS), which offers holders benefits such as trading fee discounts and revenue sharing. It emphasizes security through measures like two-factor authentication and micro-withdrawal wallets. Its multilingual support and user-friendly interface cater to a diverse global audience.
Factsheet
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Operational Since: |
2017 |
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Deposit Methods: |
P2P Trading, Debit/Credit Card, Third Party Payment, Bank Transfer |
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Deposit Fees: |
Free |
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Cryptos Listed: |
700+ |
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Trading Fees: |
0.005-0.01% depending on your tier level |
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Fiat Currencies Supported: |
28+ |
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Trustworthiness: |
Safe and Reliable |
Frequently Asked Questions
Where Can You Buy Sonic With A Credit Or Debit Card?
You can buy Sonic with a credit or debit card on exchanges like OKX, Bitfinex, WhiteBIT, CoinDCX, and Binance. These platforms offer a simple and secure way to purchase Sonic directly using your preferred currency.
If direct purchases are not available, you can buy USDT or Bitcoin with your card on Bybit, Bitget, Gate.io, or MEXC. After purchasing USDT or BTC, you can trade them for Sonic tokens on supported exchanges. Assure that you select a trusted exchange to ensure a smooth and safe transaction while buying Sonic tokens.
What Will You Need To Buy Sonic?
Here’s everything you’ll need to own a Sonic token:
- Exchange Platform: To buy Sonic, you need an exchange that supports the token. Platforms like WhiteBIT, OKX, Bybit, and Binance allow users to trade Sonic easily. These exchanges provide various trading features, making transactions smooth and secure.
- Identification Documents: Creating an account on a crypto exchange requires completing the KYC (Know Your Customer) process. You must submit valid identification documents like a passport, driver’s licence, or tax return to verify your identity.
- Debit/Credit Card: Using a debit or credit card is a simple way to buy Sonic. Many exchanges accept card payments, but it’s essential to check the platform’s payment options to ensure compatibility.
- Crypto Wallet: After purchasing Sonic, transfer your tokens to a secure crypto wallet. Supported wallets include Bitget Wallet, OKX Wallet, Rabby Wallet, and Trust Wallet. Always research wallet security features before making a choice.
Having these essentials ready ensures a smooth buying process.
What Is The Easiest Way To Buy Sonic?
The easiest way to buy Sonic is through a trusted cryptocurrency exchange that supports fiat currency transactions. You can purchase Sonic with US Dollars (USD) on Bitfinex and OKX, with Euros (EUR) on WhiteBIT and Binance, or with Indian Rupees (INR) on CoinDCX and Giottus. These exchanges offer secure and user-friendly platforms for buying Sonic using different payment methods such as bank transfers, debit cards, and credit cards.
To buy Sonic, start by creating an account on your preferred exchange and complete the identity verification process. Once verified, deposit your local currency into your exchange wallet using the available funding options. Then, search for the Sonic trading pair, enter the amount you wish to buy, and confirm your purchase. Some exchanges also offer instant purchase options, allowing you to buy Sonic without trading on the spot market.
Review the exchange’s trading fees, deposit limits, and withdrawal options before making a purchase. Make sure to choose a reliable and well-regulated platform to protect your funds and personal information.
Best Wallets To Store Your Sonic (SONIC)
Choosing the right wallet ensures the safety and accessibility of your tokens. Different wallets provide unique features, allowing users to select one that aligns with their requirements.
- OKX Wallet: A feature-rich option that supports SONIC and various other assets. It provides a smooth user experience with built-in tools for trading, staking, and interacting with decentralized applications (dApps).
- Rabby Wallet: Designed with a strong focus on security and efficiency, Rabby Wallet offers seamless multi-chain compatibility. It ensures safe storage for SONIC while allowing easy access to blockchain-based services.
- BitGet Wallet: A trusted choice for managing SONIC, BitGet Wallet includes advanced trading tools, asset management features, and smooth integration with Web3 applications. It suits both beginners and experienced users.
- MetaMask: A well-known wallet that enables secure storage and effortless management of SONIC. It supports browser and mobile versions, providing flexibility while interacting with dApps and swapping tokens.
- Trust Wallet: An easy-to-use option that ensures secure storage for SONIC while offering features like staking and in-app trading. It supports multiple blockchains, making it a convenient choice for diversified portfolios.
Using these wallets guarantees secure storage for your Sonic tokens while catering to different user preferences and requirements.
