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How to buy THORChain(RUNE) on KuCoin

Updated on: 2024-09-19 21:52:21(UTC+0)
In this tutorial we will talk about:
1
How to buy THORChain(RUNE)
2
How to redeem USDT with a credit card and then exchange it into THORChain(RUNE)
3
How to purchase USDT with a savings card and exchange it for THORChain(RUNE)
4
Use the quick way to purchase USDT and exchange it for THORChain(RUNE)
5
What can you do with THORChain
6
Market stats to help you decide if it is a good time to buy THORChain
7
How to Safely Store Your THORChain

How to buy THORChain(RUNE)

How to buy cryptocurrency on an exchange

Investing in THORChain(RUNE)has never been easier! Registering on an exchange, verifying your account, and paying via bank transfer, debit or credit card, paired with a secure cryptocurrency wallet, are the most widely accepted methods of acquiring cryptocurrencies. Here’s a how-to guide on how to buy cryptocurrency on an exchange.

Step 1: Register on KuCoin (click the link to register)

You can register by email or phone number, then set a password and complete the verification to pass the registration.


Step 2: Identity Verification—Submit KYC information to verify your identity

Please verify your identity to ensure full compliance and enhance your experience with complete identity verification. You can go to the identity verification page, fill in your country, upload your ID, and submit your selfie. You will receive a notification and once your ID has been successfully verified, you can start transactions by binding your bank card or credit card.

How to redeem USDT with a credit card and then exchange it into THORChain(RUNE)

Step1:Click buy crypto


Step2:Select Add Payment Method in the lower right corner and select the credit card applicable to you to fill in the information and bind it, for example: Wise, Visa, etc


Step 3:After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for THORChain (RUNE), and purchase it. Token


How to purchase USDT with a savings card and exchange it for THORChain(RUNE)

Step1:Click buy Crypto

Step2:Select Add Payment Method in the right corner, and select the debit card applicable to you to fill in the information and bind it, such as: Payeer, ABA bank, TowerBank, etc


Step3:Choose the right merchant to purchase from

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for THORChain (RUNE), and purchase it. Token



Use the quick way to purchase USDT and exchange it for THORChain(RUNE)

Step 1:Click buy Crypto

Step 2:Enter the amount of THORChain(RUNE)you want

Step 3:Add a card or use a third-party platform and make a purchase

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for THORChain (RUNE), and purchase it. Token



About KuCoin

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KuCoin

What Is KuCoin?

KuCoin is a cryptocurrency exchange built with the mission to “facilitate the global free flow of digital value.” It claims to have an emphasis on intuitive design, simple registration process and high level of security. The platform supports futures trading, a built-in P2P exchange, the ability to purchase cryptocurrencies with a credit or debit card, and instant exchange services.

Also known as “people's exchange”, the platform facilitated 1.2 trillion in lifetime trading volume and supports over 30 million users worldwide. The company claims to offer technology-driven trading products and the KuCoin ecosystem, which encompasses the KuCoin community and is built around the KuCoin token (KCS).

Who Are the KuCoin Founders?

KuCoin was founded in 2017 by Michael, Eric, Top, Kent, John, Jack and Linda. The exchange officially launched in September 2017.

In 2020, when KuCoin is a top-5 exchange in the world, Johnny Lyu stepped in as the CEO. Before joining KuCoin, he worked in the tech, internet and e-commerce industries.

Where Is KuCoin Located?

The company is international, headquartered in the Seychelles and offices in Hong Kong and Singapore, with more than 30 million users worldwide and a presence in over 200 countries.

KuCoin Restricted Countries

The platform provides services to countries such as Turkey, India, Japan, and many others. Please check their official website for supported countries.

What Coins Are Supported on KuCoin?

The platform has a large number of trading pairs, it offers nearly 700 cryptocurrencies for buying, selling and trading, the list of the top coins includes BTC, ETH, USDT, BNB, ADA, XRP, USDC, DOGE, DOT, UNI and more.

How to buy THORChain in other countries?

Anywhere KuCoin exchange is available, you may easily purchase THORChain (RUNE) with the lowest costs and maximum security. To begin purchasing THORChain in the country of your choice, enter your country's name in the search box below:

What can you do with THORChain

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Store/Hold THORChain
Many users hold on to their THORChain with the expectation of it increasing in value. You can store your RUNE safely on your KuCoin account or on our crypto wallet app Wallet, the most user-friendly and secure mobile wallet.
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Trade THORChain
You can trade THORChain for 150+ cryptocurrencies on KuCoin exchange's industry-leading, fast, and secure trading platform. KuCoin offers many trading pairs for THORChain trading to meet your needs.
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Send THORChain
Yes, KuCoin allows you to easily transfer value around the world, fast. You can buy THORChain online and send to anyone and anywhere with their THORChain address.
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Spend THORChain
You can also buy goods and services with your THORChain. More and more vendors and retailers accept THORChain every day.
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Donate THORChain
KuCoin accepts THORChain donations from institutions to support global projects aimed at improving the lives of the underprivileged billion. You can donate THORChain to ensure that no one misses out on the growth brought by blockchain.
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Learn More About THORChain
You can read more in-depth articles on THORChain from KuCoin Research and study how cryptocurrencies like THORChain work on KuCoin Academy.

Market stats to help you decide if it is a good time to buy THORChain

Perhaps all you need to know is more about it. Allow us to take you through some of the most fascinating Bitcoin Facts from KuCoin Academy articles in a quick manner. Find out now why people purchase THORChain!

THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks including Bitcoin and Ethereum without losing full custody of their assets in the process.With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker).The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms — since THORChain nodes must commit a minimum of 300k RUNE to participate in its rotating consensus process.THORChain was funded through an initial DEX offering (IDO) which launched through the Binance DEX in July 2019. Its single-chain chaosnet launched in April 2021, the multi-chain upgrade was launched in April 2021 and Mainnet is now live as of Jun 2022.. THORChain enables native asset settlement, allowing users to swap Bitcoin, Ether, Stablecoins, and other coins across 9 distinct blockchains. THORChain does not wrap or peg assets, instead it allows value to be exchanged from one coin on one blockchain to another coin on another chain.THORChain uses a unique system to help mitigate the issue of

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How to Safely Store Your THORChain?

The KuCoin wallet offers the most reliable and industry-leading security for risk management, where THORChain can be safely kept. To begin holding a THORChain wallet, register on KuCoin exchange.

FAQ

Q
How do I purchase THORChain?
A
Nowadays, you can purchase & store THORChain hassle free on exchange. You can use your credit card, bank transfer or perform peer-to-peer trade to buy THORChain. You can easily do it on your computer, tablet or iOS or Andriod phone.
Q
Can I buy $1 worth of THORChain?
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Typically, you can purchase $1 worth of THORChain, but it depends on the exchange and the cryptocurrency you choose. Some exchanges allow minimum amount transactions, while others may have restrictions on the minimum transaction amount. It is advisable to check the trading rules and minimum transaction amounts when selecting an exchange and cryptocurrency.
Q
Where can I still buy THORChain?
A
You can still buy THORChain on various cryptocurrency exchanges. Some popular exchanges where you may find THORChain include OKX, Binance, Coinbase, Kraken, and Huobi. Be sure to check the availability of THORChain on these platforms and consider factors such as trading pairs, fees, and security features before making a purchase.
Q
Where is the best place to buy THORChain?
A
The best place to buy THORChain depends on factors such as your location, preferred payment method, and trading preferences. Some popular options for buying THORChain include reputable cryptocurrency exchanges like Binance, Coinbase, Kraken, and Huobi. It's recommended to compare features such as fees, supported trading pairs, security measures, and user interface to determine which platform aligns best with your needs. Additionally, you may consider peer-to-peer trading platforms or decentralized exchanges for alternative options.
Q
Can I view the THORChain chart now?
A
Of course, CoinMapAi not only provides information on how to buy THORChain, but also supports viewing THORChain chart. Click on the link next to it to view the actual rise and fall data.

Market risk applies to any cryptocurrency investment activity, including using KuCoin exchange to purchase THORChain online. While we make every attempt to thoroughly inform our users about every cryptocurrency we offer on the exchange, KuCoin exchange does not take responsibility for any outcomes that may emerge from your purchase of THORChain. Nevertheless, we do offer simple and convenient ways for you to buy THORChain quickly. The content on this website is not intended to be construed as endorsing any specific cryptocurrency or way to obtain it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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