How To Buy Ardor or ARDR Cryptocurrency?
Ardor is the native token of the Ardor service blockchain, launched by Nxt Foundation. It is in fact the result of an initial coin offering (ICO) of the platform with the purpose of raising funds. In the first days after the ICO in 2017, Ardor’s market cap reached over $32 million.
You cannot use the Ardor token for payments for goods and services, but rather as an investment in the eponymous blockchain and its developers.
How to buy Ardor Crypto Coin?
1. Buy Ardor for cryptocurrency. You can buy Ardor for Bitcoin or Ether, for example. If you don’t have one of those coins, you can get them at Coinbase. It is a major and reliable exchange with a New York bit license that offers its services in over 30 countries in the world. You can instantly buy Ether or Bitcoin with a credit or debit card, for a fee of 4%. Alternatively, you can pay via a bank transfer – the fee is lower – 1.5%, but it is also slower.
2. Once you get your Bitcoin or Ether, open an account with an exchange that offers Ardor: Bittrex, Poloniex, HitBTC, AEX, OpenLedger.
3. After you are all set with the account and verification, transfer your cryptocurrency to the exchange of your choice and buy Ardor. Most exchanges do not charge transfer fees for deposits in cryptocurrencies.
You can also buy Ardor with fiat currency. Buying Ardor with fiat currency is more straightforward and simple. There are not many exchanges who offer this option. In fact, according to Ardor’s site, there is just one – LiteBit. There you can buy Ardor for EUR. On the Korean exchange Upbit you can buy it for KRW, but this exchange is only available in South Korea anyway.
After you get the Ardor, we strongly advise you to move it off the exchange and store it in your own e-wallet. Keeping funds on exchanges can be very unsafe and your funds can get stolen by hackers, as it happened with Coincheck clients most recently. Freewallet, for example, offers an Ardr wallet. The main advantage is that you do not need to sync the entire blockchain and can use the wallet for instant payments.
In theory, you could also only speculate on the price of Ardor, without owning it, by trading in CFDs. Recently most major regulated forex brokers started offering leveraged trading in CFDs on cryptocurrencies, but tend to focus on the major and more popular ones. Unfortunately, Ardor is not among them.
How to Buy Ardor or ARDR Cryptocurrency Conclusion
For more information about currency trading brokers visit TopForexBrokers.com forex brokers comparison website, Tip ForexSQ.com foreign exchange trading experts please by share this article about how to Buy Ardor or ARDR Cryptocurrency.