How to buy SMD Coin in 4 easy steps
SMD Coin, launched in March 2021, is the first all-in-one platform offering coin staking, self-holding, and yield farming. It aims at reducing trading fees and providing novice and experienced investors with a user-friendly digital platform.
It provides users with personalized financial solutions, decentralized farming services, and income opportunities. Additionally, it provides features like MultiChain Market, advanced protections against theft, and a powerful SMD vault for maximizing earnings.
Intrigued by buying SMD Coin? Here is how to buy SMD Coin easily on a crypto exchange.
Our step-by-step guide on how to buy SMD Coin (SMD)
Step 1 -Choose a Crypto Exchange Platform
The SMD token is not listed for direct purchase in fiat currencies, so you can buy it using a trading pair with Tether (USDT). Hence, to buy SMD Coin, you must first purchase USDT. Start by selecting a reputable exchange that deals in SMD Coin/USDT pairs, such as Hotbit, Vindax, or BitMart. Look for the required features, such as low fees, payment methods, or 24/7 customer support
Step 2: Create an Account on the chosen Crypto Exchange
Now, make a free account on any platform by entering your personal information, including name, phone number, and email address. Also, upload a valid ID card, passport, or driver’s license to verify your identity.
Step 3: Purchase the USDT token and trade it with SMD Coin.
Once your account is verified, add a payment method that suits your requirements and preferences, such as a credit/debit card or bank transfer. Now, on the transact page, enter the amount of fiat currency to spend and USDT to purchase. After reviewing, confirm the order and wait for the exchange to process the transaction. Once you have the USDT token, search for the SMD/USDT trading option on the search tab and enter the required amount of SMD Coin. Review the amount of USDT spent for the same, and confirm the payment.
Step 4: Transfer the SMD Token to a Supported Wallet
Transfer your SMD Coin from the exchange platform to a cryptocurrency wallet that supports it. Here are some of the wallets that support SMD Coins:
- Coinhub
- Assure Wallet
- OKX Wallet
- MetaMask
- Binance Wallet
- TokenPocket
Also read: How to buy Starlink
Popular Video Guides on Buying SMD Coin
Also read: SMD Coin Prices Live
Where to buy SMD Coin
1. HotBit
Hotbit is a popular cryptocurrency exchange founded by Marcy Boyle in 2018. It has an intuitive user interface, advanced features, and a mobile app. Hotbit partnered with well-known blockchain technology industry partners like Spark Pool, Mytoken, F2pool, HashQuark, and Slow Mist to provide a secure, stable, and feature-rich trading environment for traders and investors.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2018 |
| Deposit Methods | Cryptocurrency Only |
| Deposit Fees | None |
| Cryptos Listed | Over 1,140 cryptocurrencies listed |
| Trading Fees | Maker fees range between 0.05% and 0.50%, Taker fees range between 0.20% and 0.65% |
| Fiat Currencies Supported | USD, EUR, RUB, GBP, AUD |
| Trustworthiness | Safe and reliable |
2. BitMart
Sheldon Xia founded BitMart in September 2017. BitMart is a cryptocurrency exchange that allows users from more than 180 countries to trade over 1,000 digital currencies and tokens globally. The exchange offers a range of trading options such as spot, futures, over-the-counter, whole-network, and decentralized trading. This diverse system aims to cater to various investors with varying needs.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | March 2018 |
| Deposit Methods | Credit/Debit Cards(Visa and MasterCard), Bank Transfer, Paypal, Apple Pay, and Cryptocurrency |
| Deposit Fees | None |
| Cryptos Listed | Over 1000 cryptocurrencies listed |
| Trading Fees | Both Maker and Taker fee is 0.25% |
| Fiat Currencies Supported | USD, EUR, CAD, HKD, AUD, CNY |
| Trustworthiness | Safe and reliable |
3. Vindax
Vindax is a worldwide digital currency exchange established in January 2017 by Nam Nguyen. It is founded as a Vin Digital Asset Exchange Platform that connects cryptocurrencies and blockchain assets with a broader audience using a well-designed UI and user-friendly trading technology. It is located in Vietnam and has been deployed on over 30 exchanges. Vindax also offers VD, a functional coin that enables effortless and successful trades using intuitive tools.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2019 |
| Deposit Methods | Cryptocurrencies only |
| Deposit Fees | None |
| Cryptos Listed | Over 82 cryptocurrencies listed |
| Trading Fees | 0.07%-0.1% for both the maker and taker |
| Fiat Currencies Supported | None |
| Trustworthiness | Safe and reliable |
Frequently Asked Questions
Where can you buy SMD Coin with a credit or debit card?
Unfortunately, buying SMD Coin directly with a credit or debit card is not possible. Instead, you must purchase another cryptocurrency, like USDT, from a fiat-friendly exchange platform. After acquiring USDT, you may swap it for SMD Coin on a crypto exchange such as Vindax, Hotbit, BitMart, or a wallet supporting SMD Trading.
What will you need to buy SMD Coin?
To buy SMD Coin, you must have USDT in your wallet and use an exchange platform such as Hotbit, Vindax, or BitMart to exchange them for SMD Coins. Additionally, for the entire process, you must have a photo ID, address proof, a debit/credit card, and a crypto wallet.
What is the easiest way to buy SMD Coin?
The easiest way to buy SMD Coin depends on your location and available payment methods. Since SMD Coin cannot be directly bought, purchasing a significant cryptocurrency such as USDT on a fiat-friendly platform is expected. Once you have acquired the cryptocurrency, you can swap it for SMD Coin on cryptocurrency exchanges like HotBit, Vindax, or BitMart.
Best wallets to store your SMD Coin ?
Some of the famous wallets where you can store your SMD Coin safely are:
- Coinhub
- Assure Wallet
- OKX Wallet
- MetaMask
- Binance Wallet
- TokenPocket
