How and Where to Buy 300FIT NETWORK (FIT) – Detailed Guide
- What is FIT?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy BTC with fiat money
- Step 3: Transfer BTC to an Altcoin Exchange
- Step 4: Deposit BTC to exchange
- Step 5: Trade FIT
- Last Step: Store FIT securely in hardware wallets
- Other useful tools for trading FIT
- Frequently Asked Questions
- Latest News for FIT
- FIT Price Prediction and Price Movement
What is FIT?
What Is 300FIT(FIT)?
'300FIT' is a sports & fitness influencer platform that combines token rewards with IUwell's Personal Health Record (PHR) business know-how. Samsung Health's content provider '300kcal' has a million cumulative users, and 300FIT offers influencer-brand marketing solutions that leverage them. As the existing fitness business team operates the project, I think it has a good understanding of the market, high level of application, and relatively well-organized business plans for the industry.
300FIT is the only fitness platform where sports stars such as Medalists, Pro athletes gather and teach the sports. Now platform services are connected with SAMSUNG HEALTH which is Top 10 Fitness contents platform in the world. 300FIT already has 6 very famous sports advisors and goal for 100 up to 2020
FIT is the native utility token that is used for:
. get reward tool by joining 300FIT Network ecosystem . used for governance votes to determine contents creator(Influencer) . used for payment on App-market . used for medium of investment to influencer who seek for fundraising
300FIT aims to utilize the characteristics of the blockchain to build trustworthy services for all ecosystem members. R/S(Revenue Sharing) consultation between influencers and users, influencers and companies are distributed in a way that cannot be falsified, and transparent procedures are executed through smart contracts. As a result, influencers can see the sales of their own content, the products they are actively advertising, and can confirm that they are being distributed fairly in accordance with the terms of the agreement between the parties.
There are 4 Parties involved in online section
First 300FIT, Second User, third Commerce supplier and last, Advertiser.
First, Between User and 300FIT case
If user exercise or complete the missions in the App, they get reward by FITpay. FITpay is the point that stabilizes for the FIT token conversion. You can currently find out FIT Conversion Button at My page in the 300FIT Application.
Sencond, Between Commerce supplier and 300FIT case We have 300 market inside. If suppliers want to be a vender of commerce, they should pay vender Deposit with FIT token. And deposit in this case, means “right to sell” in 300market
Third, Between Advertiser and 300FIT case If advertiser want to start advertising in the App, they should pay the fee with FIT token. These 3 use cases are practically and immediately applicable models. And we will try to expand more Token ecosystem inside App which is Online section.
Lastly, offline use cases.
At the Paragraph 3 (Product). We mentioned VR 300Gym. 300GYM is not exactly the fitness center, but more about fitness program & system. It is really amazing program based on VR.
Since set up cost is not so big that many fitness centers & facilities are willing to set it up.
Actually, we launched the 1st store in Dongdeamun Gu in Seoul. We have already had 5 more Applications for candidates which are Crossfit centers and Personal training studios.
Special Features of 300GYM is that it calculates the Kcal burning figure.
FITpay reward will be paid based on the burned Kcal every month and you can use that rewarded FITpay for enrolling 300GYM or buying some solid product in 300FIT market or converse it into FIT token.
That rewarded FIT is purchased by 300Gym setter (similar with franchise marketing Fee). This is the great marketing tool for success of setter, and we expect they are willing to pay it.
This is the usage of the token in Offline.
Who are the Founders of 300FIT NETWORK?
Stanley Song, CEO & Founder of 300FIT NETWORK, has developed mobile fitness service platform which can recommend optimal exercise programs to users with big data. Now platform service are connected with SAMSUNG HEALTH which is Top 10 Fitness contents platform in the world. Song founded IUWELL Co. ltd. which based in South Korea, 10 years ago. He developed various Sports & Fitness big data platform, Exercise motion tracker.
Gun-Woo Kwon, CTO, has worked with Samsung Group ERP development projects, which are called Next Generation First-class ERP. He developed and managed initial technical architects. He has a dream to build 300FIT NETWORK as everyone can access mobile fitness service with numerous fitness influencers
Where can I buy 300FIT NETWORK(FIT)?
[Bithumb] (https://coinmarketcap.com/exchanges/bithumb/) offers KRW pair, Bithumb is largest exchange in South Korea. [Bittrex] (https://coinmarketcap.com/exchanges/bittrex/) also offers BTC pair
FIT was first tradable on 17th Feb, 2021. It has a total supply of 10,000,000,000. As of right now FIT has a market capitalization of USD $9,129,720.27. The current price of FIT is $0.000913 and is ranked 2389 on Coinmarketcap and has recently surged 30.20 percent at the time of writing.
FIT has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy FIT.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, Bitcoin (BTC). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy BTC with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose Bitcoin, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer BTC to an Altcoin Exchange
But we are not done yet, since FIT is an altcoin we need to transfer our to an exchange that FIT can be traded. Below is a list of exchanges that offers to trade FIT in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit BTC to the exchange from UpHold. After the deposit is confirmed you may then purchase FIT from the exchange view.
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once FIT gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Gate.io
Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.
BitMart
BitMart is a crypto exchange from the Cayman Islands. It became available to the public in March 2018. BitMart has a truly impressive liquidity. At the time of the last update of this review (20 March 2020, right in the middle of the crisis with COVID-19), BitMart’s 24 hour trading volume was USD 1.8 billion. This amount placed BitMart on place no. 24 on Coinmarketcap’s the list of exchanges with the highest 24 hour trading volumes. Needless to say, if you start trading here, you will not have to worry about the order book being thin. Many exchanges does not allow investors from USA as customers. As far as we can tell, BitMart is not one of those exchanges. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.
Last Step: Store FIT securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your FIT for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Other useful tools for trading FIT
Encrypted Secure Connection
NordVPN
Because of the very nature of cryptocurrency – decentralised, it means that users are 100% responsible for handling their assets securely. While using hardware wallet allows you to store your cryptos in a safe place, using an encrypted VPN connection while you trade makes it harder for hackers to intercept or eavesdrop your sensitive information. Especially when you are trading on the go or in a public Wifi connection. NordVPN is one of the best paid (note: never use any free VPN services as they may sniff your data in return of free service) VPN services out there and it has been around for almost a decade. It offers military-grade encrypted connection and you can also opt-in to block malicious websites and ads with their CyberSec feature. You can choose to connect to 5000+ servers in 60+ countries base on your current location, which ensures you to always have a smooth and secure connection wherever you are. There is no bandwidth or data limits that means you can also use the service in your everyday routines such as streaming videos or downloading large files. Plus it is among the cheapest VPN services out there (only $3.49 per month).
Surfshark
Surfshark is a much cheaper alternative if you are looking for a secure VPN connection. Although it’s a relatively new company, it has already 3200+ servers distributed in 65 countries. Apart from VPN it also has some other cool features including CleanWeb™, which actively blocks ads, trackers, malware and phishing attempts while you are surfing on your browser. Currently, Surfshark does not have any device limit so you can basically use it on as many devices as you want and even share the service with your friends and family. Use the signup link below to get an 81% discount(that’s a lot!!) at $2.49/month!
Atlas VPN
IT nomads created Atlas VPN after seeing a lack of top-notch service within the free VPNs field. Atlas VPN was designed for everyone to have free access to unrestricted content without any strings attached. Atlas VPN set out to be the first trustworthy free VPN armed with top-notch technology. Furthermore, even though Atlas VPN is the new kid on the block, their blog team’s reports have been covered by well-known outlets such as Forbes, Fox News, Washington Post, TechRadar and many others. Below are some of the feature highlights:
- Strong encryption
- Tracker blocker feature blocks dangerous websites, stops third-party cookies from tracking your browsing habits and prevents behavioural advertising.
- Data Breach Monitor finds out whether your personal data is safe.
- SafeSwap servers allow you to have many rotating IP addresses by connecting to a single server
- Best prices on the VPN market (only $1.39/month!!)
- No-log policy to keep your privacy safe
- Automatic Kill Switch to block your device or apps from accessing the internet if the connection fails
- Unlimited simultaneous connections.
- P2P support
Frequently Asked Questions
Can I buy FIT with cash?
There is no direct way to buy FIT with cash. However, you can use marketplaces such as LocalBitcoins to first purchase BTC, and finish the rest of the steps by transferring your BTC to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy FIT in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy FIT or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
Read more on 300FIT NETWORK's fundamentals and current price here.
FIT Price Prediction and Price Movement
FIT is up 62.52 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of FIT can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, FIT has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on FIT's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.