How to Buy ICON (ICX) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

You can buy ICON and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells ICON.
  2. Register a new account.
  3. Fund your account.
  4. Buy ICON.
ICX
$0.33290924563029

These steps are simple if you know where to buy ICON cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy ICON (ICX) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best ICON Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

34

Only

34

of these exchanges sell ICON.

We then filter down the entire set of possible marketplaces to only the ones that have active ICX markets.

23

Only

23

of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

7

Only

7

remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Kraken

VISIT Kraken Read Review
Reasons we ♥ Kraken
Top-Notch Security
Advanced Trading Options
Educational Commitment
Competitive Fee Structure
Exceptional Customer Support
CRYPTOCURRENCIES: 236
FUNDING:
Bank Transfer (ACH)
,
Wire Transfer
,
Paypal
,
SEPA
,
Interac
,
BLINC
,
CHAPS (ClearJunction)
,
FPS (ClearJunction)
,
SWIFT
,

Step 2Register Your New Account

Registering for a Kraken account is a straightforward process designed to give users quick access to its cryptocurrency trading services. The process emphasizes both ease of use and security, ensuring a smooth start for new users.

Here's a step-by-step guide on how to register:

  1. Visit the official Kraken website.
  2. Click on the "Create Account" button located in the upper-right corner of the homepage.
  3. Enter your email address, choose a username (which cannot be changed later), and create a strong password.
  4. Read and agree to Kraken's Terms of Service and Privacy Policy, then click the "Create account" button.
  5. Check your email for an activation message from Kraken, which will include an activation key.
  6. Enter this activation key on the account activation form, or click the link provided in the activation email.
  7. Confirm your password and complete any required captcha verification.
  8. Once these steps are completed, your Kraken account will be successfully created and ready for use.

Step 3Fund Your Account

Once you have registered or logged in to your account at , there are several funding methods you can use to buy ICON cryptocurrency.

You can buy ICON on using:

Please select listing to show.

  • Bank Transfer (ACH) 3-5 business days processing time
  • Debit Card Instant processing time
  • Wire Transfer 1-3 business days processing time
  • Paypal Instant processing time
  • Apple Pay Instant processing time
  • Google Pay Instant processing time
  • SEPA 1-3 business days processing time
  • EFTCAD 3-4 business days processing time
  • Interac Instant processing time
  • SGD Transfers 2-3 business days, Same day for a fee processing time
  • 3D Secure Card UK Instant processing time
  • Easy Bank Transfer UK Less than 2 hours processing time
  • Faster Payments UK 1-3 business days processing time
  • Instant Card Cashouts UK Instant processing time
  • PayPal UK Instant processing time

Step 4Buy ICON (ICX)

After registering and funding your account at , you should be able to buy ICON after your deposit finishes processing. After you receive your ICX, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best ICON Exchanges

ICON is also available on these exchanges:


Frequently Asked Questions

Yes, ICON is safe to buy. It is listed for trade on some of our top-rated exchanges including Binance, Zengo, Coinbase, Kraken, KuCoin, Bybit, OKX, Gate.io, BingX.

You can buy ICON instantly at Binance, Zengo, Coinbase using their instant buy feature or a credit card.

Yes you can buy less than one (1) ICX. Cryptocurrencies in general are divisible to 16 decimal places.

To buy ICON, you will need to deposit funds into your exchange account - which usually has no fees - and then buy ICX, which will incur a trading or purchase fee; usually 0.1-3% depending on the exchange.

You can buy $1 of ICON at Binance, Zengo, Coinbase.

ICON Investment & Buying Guide

Diving into the dynamic realm of digital currencies, you’ve likely come across the usual suspects. But there’s a rising star on the horizon: ICON. It’s not just another coin in the crypto sea; it’s a blockchain network with a twist, aiming to hyperconnect the world.

At its core, ICON is redefining how blockchains interact, forging an interconnected ecosystem. You’re about to discover how its unique loopchain technology sets it apart and why it could be a game-changer in the blockchain community.

With a strong focus on real-world applications, ICON isn’t merely theoretical. It’s already making waves with solid partnerships and projects. Stay tuned as you unravel the intricacies of ICON and what it means for the future of decentralized networks.

What is ICON Cryptocurrency?

ICON is a blockchain protocol that’s geared towards building an extensive decentralized network. It encompasses a range of blockchains from various industries, allowing for unprecedented connectivity. By using ICON’s loopchain technology, you can ensure faster transactions and enhanced security.

How Does ICON Compare to Other Cryptocurrencies?

ICON sets itself apart with its focus on real-world utility and interconnectivity. It isn’t merely a store of value – it’s a blockchain that facilitates communication and transactions across different cryptocurrencies and communities. With its unique consensus algorithm, called LFT (Loop Fault Tolerance), ICON can process transactions quickly and with finality that many other platforms can struggle to match.

Other cryptocurrencies may operate in silos, but ICON’s vision is comprehensive, aiming to ‘hyperconnect the world’. This interconnectivity means that ICON has the potential to become a central hub in the crypto space, connecting otherwise isolated blockchains. It’s like the difference between a city with a transport system versus one without – connectivity changes everything.

A stark difference is ICON’s emphasis on community. With its decentralized exchange protocol, you can trade various cryptocurrencies without third-party control. This approach not only democratizes finance but also enhances security and user control over their assets.

The modular nature of ICON allows various blockchains to integrate with ease, offering scalability solutions that many cryptocurrencies are still grappling with. It’s like building with Legos – you can easily expand and customize without rebuilding from scratch. This modular design is a strong response to the one-size-fits-all chains that dominate the market.

In terms of governance, ICON is pioneering a balanced approach. Through ICONstitution and ICON Council, it offers a structured governance system that aligns network participants’ interests. This model is attracting organizations that want transparency and collaboration without sacrificing autonomy.

Adoption and Real-World Application

ICON excels in adoption because of its real-world application in South Korea. The ICON network is actively employed across hospitals, universities, and financial institutions within its home country. This isn’t just a concept; it’s a functioning ecosystem solving real problems.

Successful use cases in South Korea signify its potential for global adoption. ICON’s partnerships with large-scale businesses demonstrate industrial confidence and the practical utility of its technology. By engaging directly with industry leaders, ICON is circumventing the typical hurdles of blockchain adoption and proving its applicability in the real world.

ICON History & Growth

ICON launched its blockchain in 2017, emerging from a South Korean tech company with ambitious plans. It sought to hyperconnect the world through its innovative LFT consensus mechanism.

South Korea became ICON’s proving ground, quickly utilizing the technology in various sectors. The platform experienced rapid growth as multiple industries adopted ICON for its unique interconnectivity features.

By 2018, ICON had conducted one of the most successful initial coin offerings (ICO), raising over $42 million. The funds were crucial for expanding ICON’s network and further developing its technology.

The ICON Foundation consistently forged strategic partnerships enhancing the ecosystem’s reach. Partnerships include collaborations with Samsung and LINE, tech giants that bolster ICON’s real-world applications.

The network’s transaction volume and community engagement surged as the crypto market’s interest grew. ICON’s market cap has periodically placed it among the top-performing cryptocurrencies, signaling investor confidence.

ICON’s expansion to decentralized finance (DeFi) signaled a new growth phase. This move positioned ICON at the forefront of blockchain sectors garnering significant attention.

Continuous updates and governance improvements ensure ICON adapts to the evolving blockchain landscape. Its focus on sustainability and long-term value creation drives ongoing development and collaboration.

Buying ICON with Different Payment Methods

Buying ICON with a Credit Card

Purchasing ICON with a credit card is straightforward – you’ll find several exchanges that readily accept this payment method. Security and speed are key advantages, ensuring your transaction is both protected and processed quickly.

Buying ICON with a Debit Card

Similar to credit cards, using your debit card to buy ICON offers convenience and immediate purchase options on various cryptocurrency platforms. Lower fees and direct bank account access make this a cost-effective choice for many buyers.

Buying ICON with Apple Pay

For iOS users, Apple Pay provides an easy and secure way to purchase ICON without the need to input card details each time. Transactions are safeguarded with biometric authentication, giving you peace of mind with every purchase.

Buying ICON with Paypal

Paypal’s integration with select crypto exchanges allows for the seamless acquisition of ICON, coupling the ease of an e-wallet with enhanced purchase protection. However, availability may vary based on your region.

Buying ICON with a Bank Transfer

Bank transfers are often preferred for larger trades, offering lower fees and higher limits compared to card payments. Remember to account for the longer processing time, which can impact the timing of your ICON investment.

When considering these payment methods, always assess the security, fees, processing time, and convenience that best suits your needs. Each method offers its own set of benefits that align with different investment strategies and personal preferences. Remember to check if the specific platform supports your chosen payment method for a seamless ICON purchase experience.

Keeping Your ICON Safe

In the world of cryptocurrency, securing your assets is paramount. You’ve got a raft of options, but two stand out: software wallets and hardware wallets. Each caters to different needs, balancing convenience against security.

Software Wallets

Software Wallets offer you the convenience of accessing your ICON tokens from various devices including smartphones and computers. They store your private keys online and are typically free and easy to use. But beware, internet-connected wallets have vulnerabilities—you’re at risk of cyber theft, phishing, and hacking.

Popular software wallets supporting ICON include ICONex, Trust Wallet, and Atomic Wallet. While they allow quick transactions, always ensure your wallet app is up to date to fend off security threats.

Hardware Wallets

For top-notch security, turn to Hardware Wallets for storing your ICON tokens. They’re physical devices—like USB sticks—that keep your private keys offline, safe from online vulnerabilities. They may cost you a bit, but the peace of mind is worth it.

Leading hardware wallets such as Ledger Nano S and Trezor have support for ICON (ICX). They allow you to sleep sound at night knowing your assets are virtually impenetrable to online attacks. Remember to keep your hardware wallet in a secure location and never share your recovery seed with anyone.

Selling & Withdrawing ICON

When you’re ready to sell your ICON tokens, you’ll find that cryptocurrency exchanges are your go-to platforms. Most exchanges offer a straightforward trading experience where you can convert ICON to other cryptocurrencies or fiat currencies like USD, EUR, or KRW. Before initiating a sale, remember to check the current market price to maximize your returns.

Withdrawing funds from an exchange usually involves a transfer to your chosen bank account or a digital wallet. Be mindful of potential withdrawal fees and processing times, which can vary significantly from one exchange to another. For US-based users, certain exchanges offer direct ACH transfers for a seamless withdrawal process.

Secure your gains by initiating transfers during periods of low network congestion to ensure faster transactions. Keep an eye on the exchange’s withdrawal limits; some platforms may have daily or monthly caps, affecting your cash flow strategy. Always prioritize security by ensuring any direct transfers to your bank account are through verified and reputed exchanges.

After selling ICON, constantly monitor the network for updates or potential changes that can influence further investment decisions. Stay informed about ICON’s performance metrics; this includes transaction volumes, active wallets, and network growth, all can be indicators for future price movements.

Is ICON a Good Investment?

When you’re considering ICON as an investment, look at its unique value proposition. ICON is committed to interoperability, aiming to create a vast network where various blockchains can interact seamlessly.

Market performance of a cryptocurrency is a vital indicator of its investment potential. Historically, ICON has seen significant volatility, which can lead to high returns but also carries risks.

Review partnerships and project developments when evaluating ICON. The more robust and substantial the partnerships, the higher the likelihood for growth and stability.

ICON’s dedication to decentralization and governance plays a crucial role in its ecosystem, which may attract long-term investors.

Technical innovations within the ICON network, such as improvements to its consensus algorithm, could drive investor interest.

Assessing ICON’s investment potential requires weighing these elements alongside your risk tolerance and investment strategy. Remember to diversify your portfolio to mitigate risk in the volatile crypto market.

ICON Price Predictions

When you’re considering an investment in ICON, future price predictions can be a valuable guide. Analysts use historical data, market trends, and ICON’s project advancements to forecast its potential value. 2025 marks a significant year, as many experts foresee a substantial increase in ICON’s price, bolstering investor confidence. Here’s a quick overview of the expected price range in the coming years:

Year Low Estimate High Estimate
2023 $0.50 $0.75
2024 $0.80 $1.05
2025 $1.20 $1.50

These estimates reflect the market’s belief in ICON’s viability but remember, cryptocurrency markets are notoriously volatile. Your investment decisions should weigh these predictions against your own risk tolerance. Keep in mind that while ICON has a strong technical foundation, external factors like regulations and market sentiment can significantly impact prices. Stay updated with the latest news and market research as this can influence ICON’s price trajectory.

Additional Info

Navigating the ICON ecosystem requires a strategic approach, particularly when selling and withdrawing your tokens. You’ve delved into the technicalities and potential of ICON, understanding the pivotal role of market prices, fees, and security. Your grasp of ICON’s investment potential, from its value proposition to its technical innovations, positions you to make informed decisions. As you weigh future price predictions against your risk tolerance, remember that the crypto market is volatile. Stay informed, stay secure, and always align your investment choices with your financial goals. With this knowledge, you’re equipped to move forward in the dynamic world of ICON and cryptocurrency.

ICON (ICX)
Price
$0.33290924563029
24h Change
4.0
7d Change
-1.8