How to buy Verge in 4 easy steps
Released in 2014, Verge (XVG) is an open-source, decentralized cryptocurrency that masks the current location and IP (Internet Protocol) addresses of people transacting on its blockchain. Renamed in 2016 after being called DogeDarkCoin, Verge is a privacy coin that uses Tor to maintain its users’ anonymity.
Verge uses a PoW (Proof of Work) consensus and 5 different types of hashing algorithms: Scrypt, X17, Lyra2rev2, myr-groestl, and blake2s, making accessing the coin easier. Verge Currency has a maximum supply cap of 16.5 billion XVG
So if you want to buy Verge, read the article on “How to Buy Verge” till the end.
Our step-by-step guide on how to buy Verge (XVG)
Step 1: Choose A Crypto Exchange That Supports Verge
Step 2 - Register Yourself on The Crypto Exchange.
After selecting the crypto exchange, you need to register yourself. Start by creating a free account and entering your details, such as name, email, phone number, and country of residence. You must now comply with the KYC and AML regulations by providing identification cards, a passport, and, sometimes, proof of residence.
Step 3 - Purchase Verge Using a Feasible Payment Method
Once you finish the registration, you can use BTC, ETH, or USDT coins to buy Verge on CEX platforms like Binance and Gate.io. Alternatively, you can use your fiat currencies, such as USD and INR, to buy Verge on Bitfinex and WazirX.
Step 4 - Store Your Verge Coin
After you have purchased the Verge coin, you can store it in the cryptocurrency exchange wallet or let other wallets connect to this one, to make transactions from multiple exchanges. You can also keep your XVG in the official “VergePay Wallet,” available on Android, iOS, Windows, Linux, Mac/OSx, and even as a paper wallet. Other than that, XVG can be stored in these third-party supported wallets:
- Now Wallet
- Coinomi
- Guarda Wallet
- Atomic Wallet
- Voyager
Also read: Bloktopia Price Prediction
Popular Video Guides on Buying Verge
Also read: Verge Prices Live
Where to buy Verge
1. Binance
Binance is the world's largest cryptocurrency exchange by daily trading volume. Changpeng Zhao founded Binance in 2017. Based in China, it has two cryptocurrencies: Binance Coin (BNB) and Binance USD (BUSD). BNB works on the BNB Chain using a Proof of Staked Authority consensus, while BUSD is pegged to the US Dollar. Binance.US is a subsidiary of Binance for people based in the United States.
Factsheet
| Header 1 | Header 1 | |
|---|---|---|
| Operational Since | 2017 | |
| Deposit Methods | Bank Deposit, Cash Balance, Credit/Debit Card, P2P Trading | |
| Deposit Fees | None | |
| Cryptos Listed | 350+ | |
| Trading Fees | .10% | |
| Fiat Currencies Supported | USD, AUD, EUR, HKD, KZT, NOK, PEN, RUB, TRY, UAH, UGX. | |
| Trustworthiness | Safe and reliable |
2. Bitfinex
Bitfinex is a cryptocurrency exchange that was founded in 2012. It is one of the largest cryptocurrency exchanges in the world, with a daily trading volume of over $1 billion. Bitfinex offers a variety of features, including margin trading, futures trading, and over-the-counter (OTC) trading. The exchange is also known for its high liquidity and tight spreads.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2012 |
| Deposit Methods | Credit/Debit Card, Bank Wire, Crypto, and Tether |
| Deposit Fees | 0.1% (Min 60 Euro/USD) for wire transfer and 0 for cryptocurrency |
| Cryptos Listed | 170+ |
| Trading Fees | 0.1% for the maker and 0.2% for the taker |
| Fiat Currencies Supported | USD, EUR, JPY, TRY, GBP |
| Trustworthiness | Safe and reliable |
3. Gate.io
Gate.io is a cryptocurrency exchange that was founded in 2013. It is one of the most popular exchanges in the world, with over 1400 cryptocurrencies listed. Gate.io offers a variety of features, including spot trading, margin trading, futures trading, and staking. The exchange is also known for its low fees. Gate.io is a popular choice for both beginners and experienced traders. It offers a low trading fee and has a user-friendly interface.
Factsheet
| Header 1 | Header 1 | |
|---|---|---|
| Operational Since | 2013 | |
| Deposit Methods | Crypto Deposits. Gate Card, Bank Transfer, Credit/Debit Card | |
| Deposit Fees | Free | |
| Cryptos Listed | 1400+ | |
| Trading Fees | Varies With VIP Level (From VIP 0 to VIP 16) | |
| Fiat Currencies Supported | None | |
| Trustworthiness | Safe and reliable |
Frequently Asked Questions
Where can you buy Verge with a credit or debit card?
You can buy Verge (XVG) on any of the above-mentioned crypto exchanges, i.e., Bitfinex. You need to create an account on the platform, add the number of XVG tokens you need to buy, and process the payment using a credit or debit card.
What will you need to buy Verge?
You need an account on a cryptocurrency exchange to buy Verge. After making an account, you need to add funds via a debit/credit card or a bank transfer to purchase the desired amount of XVG. After doing this, you will need a wallet to store the recently bought XVG. Verge Coin allows users to keep the token in the official wallet, but you can store it in any cryptocurrency exchange wallet you want.
What is the easiest way to buy Verge?
The easiest way to buy Verge is to make an account on any cryptocurrency exchange supporting XVG and buy it on their exchange. You need to create an account, add fiat currency, and buy the desired amount of XVG. After this, you can store the purchased XVG in your wallet.
Best wallets to store your Verge(XVG)
You can store your XVG coins in the official wallet of Verge or buy and sell Verge coins on multiple cryptocurrency exchanges. Here are some of the supported ones:
- Now Wallet
- Coinomi
- Guarda Wallet
- Atomic Wallet
- Voyager
- VergePay Wallet
