How to Buy Moonbeam (GLMR) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

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

  1. Find the best exchange that sells Moonbeam.
  2. Register a new account.
  3. Fund your account.
  4. Buy Moonbeam.
GLMR
$0.26187877842707

These steps are simple if you know where to buy Moonbeam 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 Moonbeam (GLMR) 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 Moonbeam 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.

54

Only

54

of these exchanges sell Moonbeam.

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

27

Only

27

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: 254
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 Moonbeam cryptocurrency.

You can buy Moonbeam 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 Moonbeam (GLMR)

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

Best Moonbeam Exchanges

Moonbeam is also available on these exchanges:


Frequently Asked Questions

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

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

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

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

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

Moonbeam Investment & Buying Guide

Diving into the dynamic realm of blockchain, you’ve likely encountered Ethereum’s versatility. Now, imagine harnessing that flexibility while seamlessly integrating with the Polkadot network. Enter Moonbeam, a cryptocurrency that’s turning heads with its unique interoperability and smart contract capabilities.

As you delve deeper into Moonbeam, you’ll uncover its potential to bridge the gap between various blockchains, fostering a new level of connectivity. This introduction to Moonbeam will guide you through its groundbreaking features and why it’s capturing the attention of developers and investors alike.

What is Moonbeam Cryptocurrency?

Moonbeam stands out in the crypto landscape with its Ethereum compatibility and unique focus on interoperability. Unlike many other platforms, it doesn’t aim to replace existing blockchains but rather to enhance their connectivity. Its approach centers around a multi-chain future where developers can easily deploy existing Ethereum applications or build new ones.

How Does Moonbeam Compare to Other Cryptocurrencies?

Moonbeam’s compatibility with the Ethereum Virtual Machine (EVM) makes it an extension of Ethereum, not a competitor. It allows developers to use familiar tools and smart contracts without the steep learning curve associated with other platforms.

Ethereum’s high gas fees and network congestion are well-known issues that Moonbeam addresses with its scalable infrastructure. This offers a more efficient and cost-effective environment for running decentralized applications (dApps).

While other blockchains like Polkadot focus on interoperability, Moonbeam takes it further by providing out-of-the-box integration with Ethereum assets and functionality. This ease of use strikes a chord with both seasoned developers and newcomers to the space.

The platform’s governance model ensures that upgrades and changes are decentralized, leaning on community consensus rather than a centralized group. Compared to cryptocurrencies like Bitcoin where changes are slower and contentious, Moonbeam’s agility places it ahead in innovation.

Security is paramount in blockchain technology, and Moonbeam employs the shared security model of the Polkadot network. This essentially blankets Moonbeam with an additional layer of protection that many standalone blockchains lack.

Leveraging both Proof of Stake (PoS) and Cross-Chain Integrations, Moonbeam provides a balance of energy efficiency and wide connectivity. This is contrasted with networks relying solely on Proof of Work (PoW), which face criticism for high energy consumption.

By offering what’s called a “parachain” on the Polkadot network, Moonbeam ensures transactions are speedily processed. Speed is a significant factor when compared to platforms that can suffer from network bloat and slower transaction times.

The distinct blend of features that Moonbeam offers has solidified its position in the cryptocurrency market. Developers looking to reach a wider user base with fewer barriers will find Moonbeam an invaluable resource, as will users seeking a seamless, cross-chain experience.

Moonbeam History & Growth

Moonbeam first shone on the crypto scene with its announcement in 2020. It quickly generated buzz as a forward-thinking project mirroring Ethereum’s capabilities. In January 2021, Moonbeam conducted its inaugural parachain testnet, setting the stage for a new era of interoperable blockchain solutions. Token holders took part in a crowdloan for the Moonbeam network which successfully secured a parachain slot on Polkadot in December 2021.

With its mainnet launch in January 2022, Moonbeam’s growth trajectory was clear as it began to onboard users and developers. The platform’s native token, GLMR, became available for trading, offering investors a tangible stake in its evolving ecosystem. As of mid-2022, Moonbeam reported significant partnerships with prominent blockchain projects, showcasing its expanding reach.

By late 2022, the platform supported over 300 projects, indicating robust adoption among developer circles. Transaction counts and total value locked (TVL) on Moonbeam steadily increased, signaling growing user confidence. Balancing on the cutting edge, Moonbeam continued to enhance its tech stack, incorporating upgrades to maintain scalability and efficiency.

Moonbeam’s cutting-edge blockchain technology and growing use cases suggest ample runway for expansion. Keep abreast of its developments as Moonbeam’s journey unfolds, revealing new capabilities and partnerships that reinforce its position in the multi-chain future.

Buying Moonbeam with Different Payment Methods

Buying Moonbeam with a Credit Card

Purchasing Moonbeam with a credit card is both convenient and fast. Major cryptocurrency exchanges that support Moonbeam trading often offer this option with instant processing times.

Buying Moonbeam with a Debit Card

Using a debit card to buy Moonbeam allows you to pay directly from your bank account. Similar to credit cards, many exchanges accept debit card payments and provide quick access to your newly acquired assets.

Buying Moonbeam with Apple Pay

For iOS users, Apple Pay offers a seamless way to purchase Moonbeam on supported platforms. Transactions are secure and you can often buy cryptocurrencies without needing to enter card details manually.

Buying Moonbeam with Paypal

PayPal is recognized for its ease of use and is accepted by certain cryptocurrency exchanges for buying Moonbeam. However, do note that not all exchanges offer this payment method and fees may apply.

Buying Moonbeam with a Bank Transfer

Opting for a bank transfer to buy Moonbeam can be more cost-effective, as it usually involves lower fees. It’s important to check with your exchange as transaction times can vary, but bank transfers are generally a reliable payment method for larger purchases.

Keeping Your Moonbeam Safe

Software Wallets

When storing Moonbeam tokens, you’ll likely start with a software wallet—these are applications you can download to your smartphone or desktop. Software Wallets offer convenience, allowing you to send, receive, and manage your Moonbeam tokens with just a few clicks. They’re encrypted and require a private key, which you must keep secret; anyone who gets it can access your funds. Popular options for Moonbeam include MetaMask and Trust Wallet, both compatible with the Ethereum Virtual Machine, making them a perfect match for Moonbeam’s EVM-based platform.

Hardware Wallets

For an added layer of security, Hardware Wallets store your private keys offline on a physical device, similar to a USB drive. This method is often referred to as cold storage and is less susceptible to online hacking attempts. Ledger and Trezor are leading hardware wallet manufacturers that are recognized for their robust security features. By using a hardware wallet, your Moonbeam tokens are not directly connected to the internet, reducing the risk of cyber theft.

Selling & Withdrawing Moonbeam

When you’re ready to sell your Moonbeam tokens, most cryptocurrency exchanges that list the token will facilitate the transaction. Ensure the exchange allows you to trade for your desired currency, whether it’s fiat like USD or another cryptocurrency.

Before selling, check the exchange’s liquidity; higher liquidity means better pricing and a quicker sale process. To withdraw your funds from the exchange, you’ll usually have the option to transfer them to a bank account or a digital wallet.

Withdrawal fees can vary greatly between exchanges and withdrawal methods. Always review the fees associated with your withdrawal to keep your transaction costs as low as possible.

Using a hardware wallet for withdrawals adds a layer of security by storing your tokens offline. Keep your investment secure even after selling by transferring your funds to a wallet you control.

Remember to keep records for tax purposes; most jurisdictions consider selling cryptocurrency a taxable event. Digital assets are subject to varying tax regulations, and maintaining detailed records will simplify your tax reporting.

Is Moonbeam a Good Investment?

Investing in cryptocurrency carries its risks, and Moonbeam is no exception. Market volatility and technological advancements directly impact its value. However, Moonbeam’s distinctive edge lies in its Ethereum compatibility and multi-chain integration, which could be a game-changer in the DeFi sector.

You’ll find that Moonbeam’s approach to solving scalability and high fee issues plagues many blockchains. Their focus on a user-friendly multi-chain environment may potentially lead to a wider adoption, influencing its investment potential positively. The recent successful crowdloan demonstrates Moonbeam’s growing community support and investor confidence.

Experts suggest diversification is key when building a crypto portfolio. Moonbeam, with its strong foundations and strategic partnerships, could be a worthy addition. Always remember to perform your due diligence and keep a pulse on the market trends before investing.

Moonbeam Price Predictions

Analyzing price trends and market sentiment often provides insights into potential future performance. Experts pore over historical data, looking for patterns and indicators that support their forecasts.

Crypto analysts consider Moonbeam’s unique Ethereum compatibility and the Polkadot connection as bullish signals for its price potential. The collaboration with established DeFi projects may create a ripple effect, positively influencing its market value.

Market volatility in cryptocurrencies is a given, yet Moonbeam’s strong technological foundation could yield a steady appreciation over time. Adoption rates and network growth remain key drivers for Moonbeam’s valuation in the digital currency markets.

Seasoned investors keep a close watch on Moonbeam’s technological milestones and partnership announcements. Such developments often precede price fluctuations as they can either boost confidence or cause uncertainty.

While precise predictions are elusive, the consensus view suggests a trajectory skewed towards growth. It’s critical, however, to continuously monitor market dynamics, as shifts can render forecasts obsolete in moments.

Additional Info

Moonbeam stands out as a forward-thinking cryptocurrency that’s garnering attention for its innovative approach to blockchain interoperability and user-friendly features for developers. You’ve seen how its Ethereum compatibility and multi-chain integration position it as a strong player in the DeFi space. With its growing community support and robust technological underpinnings, you’re now more informed about the potential that Moonbeam holds for investors and users alike. Remember, keeping an eye on network developments and market trends will be crucial as you consider adding Moonbeam to your crypto portfolio. Stay vigilant, diversify wisely, and you could well leverage Moonbeam’s unique offerings for your blockchain endeavors.

Moonbeam (GLMR)
Price
$0.26187877842707
24h Change
-4.5
7d Change
-5.5