How and Where to Buy COIN ($COIN) – Detailed Guide
- What is $COIN?
- 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 $COIN
- Last Step: Store $COIN securely in hardware wallets
- Other useful tools for trading $COIN
- Frequently Asked Questions
- Latest News for $COIN
- $COIN Price Prediction and Price Movement
What is $COIN?
What Is Coin ($COIN)?
Coin is a digital decentralized network composed of protocols, smart contracts, decentralized apps (dApps), and services that help facilitate the transfer of value across the Internet. Coin creates an open financial system made up of decentralized solutions that empower consumers to execute financial transactions with freedom and ease.
Check out our blockchain terminology for beginners.
What Makes Up the Coin Ecosystem?
Token
The Coin Ecosystem is powered by the $COIN token, a digital asset and network access token that enables holders to execute Coin smart contracts, stake interest, and execute governance rights. $COIN also represents a stake in the Coin protocol and is the voting currency for all proposed protocol and platform changes by the community.
Wallet
Coin Wallet is an all-in-one decentralized cryptocurrency wallet, exchange, and AI assistant. Coin Wallet includes a native cryptocurrency wallet and exchange for users to store and swap popular digital assets directly with each other. Unlike many other decentralized exchanges, swaps can occur cross-chain across different blockchains including Bitcoin, Ethereum, ERC20 tokens, and more.
Coin Wallet is non-custodial, lives in a browser extension, and is non-susceptible to hacks as users are the only people that have and can access their funds. For exchanging assets, Coin Wallet uses atomic swap technology to handle direct peer-to-peer (P2P) transactions across different blockchains.
Coin's integrated artificial intelligence (AI) assistant transforms the traditional financial experience by highlighting and providing insights for blockchain-specific keywords on any web page. Additionally, the Coin AI enables users to execute transactions by simply typing a command in any input field.
The combination of decentralized P2P technology, cross-chain interoperability, and AI integration, creates a secure and unparalleled experience to help consumers easily manage their digital assets.
Swap
Coin Swap is a P2P cross-chain decentralized exchange (DEX) that is compatible with any Internet web browser. It utilizes the same atomic swap technology in the Coin Wallet excluding a native wallet and the Coin AI assistant — this enables users to connect their favorite Web3 cryptocurrency wallet (including Coin Wallet) without the need to install a browser extension.
Read our white paper and learn more about our mission-vision and business plan.
Go over the Coin Audit Public Report audited by Bramah Systems.
Who Are the Founders and Advisors of Coin?
Coin is assembled from a diverse and experienced team of technology veterans spanning the information technology, financial, and blockchain industries.
Founder and CEO Damon Nam is formerly an accomplished 17-year IT services professional at Microsoft. He held multiple management roles for the largest software company in the world and in his last role, was responsible for a $90M book of business as a Partner Program Director for Microsoft North America.
CTO Byron Levels is an experienced 20-plus-year technologist who has worked for many Fortune 500 companies including Microsoft, Pepsi, and American Airlines to name a few. He has a strong background in developing and deploying enterprise applications.
What Makes Coin Unique?
Native cross-chain interoperability
No more wrapped tokens. No more sending to multiple exchanges to swap tokens.
Unlike many industry leading decentralized exchanges, one of the unique features of the Coin network is swapping directly between different blockchains. The Coin network leverages atomic swap technology and Hash Time Lock Contracts to handle direct peer-to-peer trustless transactions. This removes the need for custodians, middlemen, and escrow agents. Coin Wallet and Coin Swap supports popular digital assets such as Bitcoin, Ethereum, ERC20 supported tokens, and more.
An AI assistant providing insights
Coin Wallet includes browser extension support for popular web browsers such as Google Chrome.
When installed, the browser extension extends its capability by using AI technology to execute transactions faster and provide insights to help users save time and money. By recognizing finance and blockchain-related keywords from any webpage, the AI assistant can provide education, pricing information, or help consumers execute financial transactions directly from any webpage with an input field.
Conversational-level experience
Usability and ease-of-use remain a significant barrier-to-entry and problem for many consumers in the blockchain industry.
Coin Wallet and Coin Swap uses natural language processing technology to recognize intent while helping users navigate through their financial journey. Coin also leverages this technology for alternate input sources such as text (messaging apps) and voice (digital assistants).
Follow the latest Coin features and updates on our blog.
How Many Coin ($COIN) Tokens are Available and In Circulation?
$COIN has a maximum supply of 100M tokens. Approximately 49M of the tokens are circulating with the remainder of those tokens distributed in the network’s staking reserve and Uniswap liquidity pool.
Where Can You Buy Coin ($COIN)?
As of December 2020, Coin ($COIN) can be traded at Uniswap.
Find the liquidity pool to exchange for $COIN tokens.
$COIN was first tradable on 27th Nov, 2020. It has a total supply of 107,142,857. As of right now $COIN has a market capitalization of USD $unknown. The current price of $COIN is $0.526 and is ranked 2540 on Coinmarketcap and has recently surged 45.39 percent at the time of writing.
$COIN 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 $COIN.
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 $COIN is an altcoin we need to transfer our to an exchange that $COIN can be traded. Below is a list of exchanges that offers to trade $COIN 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 $COIN 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 $COIN 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 $COIN 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 $COIN 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 $COIN
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 $COIN with cash?
There is no direct way to buy $COIN 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 $COIN 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 $COIN 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.
$COIN Price Prediction and Price Movement
$COIN is up 174.89 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of $COIN 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, $COIN 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 $COIN'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.
Latest News for $COIN
