How and Where to Buy GreenFuel (GREENFUEL) – Detailed Guide
- What is GREENFUEL?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy USDT with fiat money
- Step 3: Transfer USDT to an Altcoin Exchange
- Step 4: Deposit USDT to exchange
- Step 5: Trade GREENFUEL
- Last Step: Store GREENFUEL securely in hardware wallets
- Other useful tools for trading GREENFUEL
- Frequently Asked Questions
- Latest News for GREENFUEL
- GREENFUEL Price Prediction and Price Movement
What is GREENFUEL?
As the crypto landscape continues to evolve, one clear theme has emerged as a constant – the need to shift towards a world with renewable energy. GreenFuel (GREENFUEL) is an ecosystem that envisions a future where crypto can be part of the solution. “GreenFuel is about bringing the blockchain a bit further not just only creating the next big crypto asset, but also changing the whole financial sector on energy and recycling payments,”
What is GreenFuel?
GreenFuel renewable energy solutions are leading the green transition, with green solutions ranging from wind power to solar energy and storage solutions, large-scale power purchase agreements to innovative renewable hydrogen solutions.
Pioneers In The World Of Wind & Solar Renewable Energy A “GREENFUEL” token is a cryptocurrency that allows token holders to financially benefit from the renewable energy farming pool and secure priority access to renewable energy auctions.
Offshore wind energy & solar energy has played a defining role in GreenFuel’s strategic transformation and will continue to do so. As the global market leader in offshore wind energy & solar energy, we are proud at GreenFuel to have been the first mover in maturing a green, scalable, and very powerful renewable energy technology. From its birthplace in Europe, we will in the years to come help offshore wind energy and solar energy to go global, as we deploy offshore wind, solar energy at scale across countries that want to decarbonize their energy systems.
Greenfuel offers an unlimited use case utility crypto-currency for distributed payment systems predicated on consensus algorithms embodied in the Ripple Protocol, the lower fees, fast transaction speeds, and custom token functionalities make XRP Ledger a perfect platform to integrate GreenFuel ecosystem. The GreenFuel ecosystem has been designed from the ground up with scalability in mind and the underlying architecture has only been improved over time. XRP Ledger helps move “GREENFUEL” tokens around the world faster, cheaper and more sustainably than any other blockchain.
Market Strategy
GreenFuel chose to build on the XRP Ledger given its performance, scalability and inherently green attributes. The XRP Ledger was built with sustainability in mind and is one of the first major carbon neutral blockchains. Due to its Federated Consensus algorithm, the XRPL is significantly more energy efficient compared to proof-of-work blockchains and ensures low-cost transactions.
Key focus points of the GreenFuel ecosystem include the role of climate change and climate security, the prevention and mitigation of illicit financial transactions, and on carbon emission initiatives using blockchain technology to bring transparency to carbon accounting by avoiding double counting of emission reductions or removals.
XRP Ledger is the first-ever widespread decarbonization of a public blockchain, addressing a significant environmental challenge for blockchain technologies around the world.
The pioneering innovation has been achieved using technology from The Energy Web Foundation. This initial deployment uses energy attribute certificates (EACs) from renewable energy assets to decarbonize the blockchain’s electricity use.
XRP Ledger is already one of the greenest blockchains in the world.
Vision
‘The train has left the station’ – It has become clear and undeniable that currency and commodities that once existed only in physical form or paper representations, will for the foreseeable future exist perpetually in a tokenized digital form across Distributed Ledger Technology, verifiably authentic and controlled exclusively by the private-key holder. GREENFUEL investors believe that while XRP is more then capable of solving all the world’s payment problems, it takes a team of highly skilled people focused together on a particular problem that generally culminates the necessary relationships responsible for breaking boundaries and forging technological advancements. By plugging into the global network of renewable energy Coin seeks not only to solve the problem of value transfer from A to B and B to A, but also A to C, C to A, or any other receiving party. It is believed that one day GREENFUEL Token could represent a significant portion of the current 2 Trillion dollar energy Market Capitalization – tokenized and distributed across the XRP Ledger (XRPL).
GREENFUEL was first tradable on 19th Apr, 2022. It has a total supply of 21,000,000. As of right now GREENFUEL has a market capitalization of USD $101,256.31. The current price of GREENFUEL is $0.00482 and is ranked 3828 on Coinmarketcap and has recently surged 16.78 percent at the time of writing.
GREENFUEL 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 USDT 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 GREENFUEL.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). 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 USDT 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 USDT, 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 USDT to an Altcoin Exchange
But we are not done yet, since GREENFUEL is an altcoin we need to transfer our USDT to an exchange that GREENFUEL can be traded. Below is a list of exchanges that offers to trade GREENFUEL in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit USDT to the exchange from UpHold. After the deposit is confirmed you may then purchase GREENFUEL from the exchange view.
Last Step: Store GREENFUEL 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 GREENFUEL 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.
Frequently Asked Questions
Can I buy GREENFUEL with cash?
There is no direct way to buy GREENFUEL with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT 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 GREENFUEL 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 GREENFUEL 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 GreenFuel's fundamentals and current price here.
Latest News for GREENFUEL
