Ever wanted to swap Bitcoin for Ether without going through a central exchange? That’s exactly what THORChain (RUNE) makes possible. It’s a decentralised liquidity protocol that lets you swap crypto assets across different blockchains, like Bitcoin, Ethereum, BNB Chain, and more, without giving up control of your funds. Behind the scenes, THORChain uses some clever tech to make this work smoothly and safely, even if you’re not a tech expert.
THORChain doesn’t use order books. Instead, it relies on liquidity pools and automated market maker (AMM) logic to set prices. This keeps everything fair and open. It also uses a unique slip-based fee system to protect liquidity providers from sudden losses, and a smart trade-ordering method to prevent bots from manipulating the system.
The main token that powers all this is called RUNE. It acts as the base asset for swaps and is key to network security and governance. This guide will show you exactly how to buy THORChain (RUNE) step by step.
How To Buy THORChain In 4 Easy Steps
Here’s a simple walkthrough to help you purchase and store your THORChain (RUNE) tokens with ease and safety.
Step 1: Choose a Crypto Exchange Platform
The first step to buy THORChain is selecting a dependable crypto exchange. A good exchange not only offers strong security and smooth interface but also supports a wide variety of currencies and payment methods. When choosing, make sure the platform allows you to buy using your local fiat currency or existing crypto assets.
Look into key aspects such as supported fiat currencies like USD, EUR, or INR, along with stablecoin and altcoin trading pairs. Also, review available payment methods, bank transfers, card payments, or wallet transfers—to find the one that suits your preferences. Once you find a platform that ticks all the boxes, you’re ready to move on to the next step.
Step 2: Register On Any Of The Platforms
After finalising your platform, begin registration by entering your personal details such as name, contact number, and residential address. Upload a valid ID like a driving licence or passport to complete identity verification.
Most exchanges take only a few hours to verify your details. Once approved, your account becomes active and ready for trading.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Now it’s time to fund your account and make the purchase. Based on what currency or crypto you have, choose the right platform from the options below:
Fiat Currency Options:
- US Dollars (USD): Kraken and Crypto.com
- Euros (EUR): Bitvavo and Kraken
- Indian Rupees (INR): BitBNS and Zebpay
Stablecoin Options:
After selecting the platform, load funds using your preferred payment method—be it bank transfer, credit/debit card, or crypto transfer. Follow the platform’s prompts to complete the transaction and add RUNE to your account.
Step 4: Store the Cryptocurrency in a Wallet
Once your tokens arrive in your exchange wallet, the next step is transferring them to a secure personal wallet for safekeeping. This reduces risks associated with leaving your crypto on centralised platforms.
To do this, initiate a withdrawal on the exchange and input your wallet’s public address. Make sure you choose a wallet that supports THORChain. Suitable wallets include KeepKey, Trust Wallet, Ledger Wallet, Gem Wallet, OneKey, and THORWallet. Confirm the transfer, and your RUNE tokens will be securely stored under your control.
Also Read: THORChain Price Prediction
Popular video guides on buying THORChain (RUNE)
Where to buy THORChain (RUNE)?
Binance offers one of the most complete crypto trading platforms, with access to spot, futures, margin, staking, and more. Its interface suits both beginners and professionals, with tools like real-time charts, auto-invest plans, and strategy builders. Users can trade, earn, and explore NFTs all in one place. Security is enforced through identity checks, cold wallet storage, and withdrawal protection. With global access, low fees, and regular platform updates, Binance remains a go-to choice for users who want flexibility, control, and a broad range of features.
Factsheet
Operational Since: | 2017 |
Deposit Methods: | PayPal, Debit/Credit, UPI, Crypto |
Deposit Fees: | Nil |
Cryptos Listed: | 500+ |
Trading Fees: | 0.1% per trade |
Fiat Currencies Supported: | USD, EUR, GBP, AUD and more |
Trustworthiness: | Safe and Reliable |
BitBNS provides Indian users with a well-rounded crypto trading experience that includes spot, margin, and lending services. It allows INR deposits and offers smart order types like bracket and trailing stop for better trade control. The mobile app is smooth and packed with tools for easy trading. BitBNS ensures account safety through two-factor login, cold wallet storage, and regular system updates. With a focus on usability and local accessibility, BitBNS has built a platform that balances user comfort with powerful trading options.
Factsheet
Operational Since: | 2017 |
Deposit Methods: | UPI, Bank Transfer (NEFT / IMPS / RTGS) and P2P deposit |
Deposit Fees: | Free |
Cryptos Listed: | 637+ |
Trading Fees: | Depends on VIP level (0.03% – 0.25%) |
Fiat Currencies Supported: | INR and AED |
Trustworthiness: | Safe and Reliable |
Kraken delivers a secure and transparent trading experience with reliable tools and deep liquidity. It supports fiat trading pairs, advanced order types, and real-time data across spot, margin, and futures markets. Users can stake supported assets and track their performance through a clean, responsive interface. The platform uses multiple safety layers including offline storage, identity checks, and account activity monitoring. Known for its long-standing reputation and strong compliance record, Kraken appeals to users who value trust, efficiency, and an all-in-one crypto environment.
Factsheet
Operational Since: | 2011 |
Deposit Methods: | PayPal, Debit/Credit, UPI, Crypto |
Deposit Fees: | Kraken charges different fees for different types of deposits |
Cryptos Listed: | 500+ |
Trading Fees: | 0% to 0.40% of the total cost |
Fiat Currencies Supported: | USD, EUR, GBP, JPY, CAD etc. |
Trustworthiness: | Safe and Reliable |
Frequently Asked Questions
Where Can You Buy THORChain With A Credit Or Debit Card?
You can buy THORChain with a credit or debit card directly using fiat currencies like USD or EUR on Kraken, Crypto.com, or Bitvavo. These platforms support straightforward purchases, making it easier for beginners to get started.
If you prefer a wider range of options, use your card to buy stablecoins like Tether or USD Coin. Then, you can exchange them for THORChain on Binance, Bybit, Bitget, KuCoin, or WhiteBIT. This method works well if your preferred platform doesn’t support direct THORChain purchases.
Note: Although THORChain is available for purchase with INR on BitBNS, it does not accept credit/debit cards as a deposit method.
What Will You Need To Buy THORChain?
Here’s everything you’ll need to own a RUNE token:
- Crypto Exchange: To purchase THORChain (RUNE) tokens, you need a trustworthy exchange platform. These platforms allow you to trade and manage cryptocurrencies effortlessly. Features like margin trading, trading bots, copy trading, and advanced analytics help you make smart decisions and take advantage of market movements.
- Identification Documents: To access a crypto exchange, you need to create an account and complete a KYC (Know Your Customer) verification process. You must upload valid identification documents such as a passport, driver’s licence, or tax return to confirm your identity and unlock full trading features.
- Debit/Credit Card: A debit or credit card gives you a quick way to fund your crypto account. Most leading exchanges support card payments for buying crypto directly. Always check if your chosen platform accepts your card before moving ahead with the transaction to avoid any issues.
- Stablecoin/Altcoin: You can also buy RUNE using stablecoins like Tether (USDT) or USD Coin (USDC). These options give you faster settlements and more flexibility. Make sure the exchange you pick supports your preferred stablecoin or altcoin for a smoother and more efficient purchase.
- Crypto Wallet: After purchasing your tokens, move them to a secure crypto wallet. Wallets like KeepKey, Trust Wallet, Ledger Wallet, Gem Wallet, OneKey, and THORWallet offer great protection. Always research safety features and customer reviews before selecting your wallet for long-term storage.
Ensure that you have all the above things handy for a smooth purchasing experience.
What Is The Easiest Way To Buy THORChain?
The easiest way to buy THORChain is through user-friendly crypto exchanges like Crypto.com, Kraken, Bitvavo, and BNS. These platforms support fiat currency purchases using credit or debit cards, making it simple for anyone to get started. If you want to use US Dollars, you can create an account on Crypto.com and follow their quick onboarding process to buy RUNE directly with your card.
For users in Europe, Kraken and Bitvavo make it convenient to buy THORChain using Euros. These platforms offer a smooth user experience with step-by-step instructions to complete your purchase. You only need to sign up, verify your identity, and select RUNE from the list of available coins. After you make the payment, your RUNE tokens will appear in your exchange wallet within minutes.
If you’re based in India, BNS supports RUNE purchases using Indian Rupees and local payment options. Always compare fees across exchanges before buying to avoid extra charges. While keeping your tokens on the exchange works fine for quick access, transferring them to a secure wallet gives you more control and better safety, especially if you plan to hold RUNE for the long term.
Best Wallets To Store Your THORChain (RUNE)
For keeping your RUNE tokens safe, selecting a reliable and well-supported wallet is important. Each option brings different features, allowing you to choose one that fits your preferences and usage style.
KeepKey: This hardware wallet ensures high-level security by keeping your tokens offline. It has a simple interface and supports multiple assets, making it a dependable choice for long-term holders.
Trust Wallet: A popular mobile wallet, it enables you to store RUNE securely while offering built-in features like token swapping and staking. Its ease of use makes it a solid pick for mobile-first users.
Ledger Wallet: Known for its robust protection, Ledger supports cold storage and integrates with its software app for easy management. It’s suitable for those who prioritise safety and control.
Gem Wallet: Designed for simplicity and speed, Gem Wallet allows easy access to your RUNE tokens and connects smoothly with decentralised apps. It works well for regular usage in the DeFi space.
OneKey: Offering both hardware and software solutions, OneKey gives flexibility while keeping assets secure. The wallet supports cross-chain functionality and is ideal for active crypto users.
THORWallet: Built specifically for the ecosystem, this wallet allows you to store, swap, and earn with your tokens. It supports decentralised cross-chain swaps and is tailored for native RUNE use.
Storing your tokens in one of these wallets provides a secure and functional way to manage your assets based on how you plan to use them.
