Are you curious about how to buy Walrus (WAL) and take part in a growing decentralised storage network? You’re not alone. Walrus is a protocol designed to store data in a fully permissionless and decentralised way. Its main goal is to offer stable storage pricing while making sure your data stays safe. At the heart of this system is the WAL token. You use it to pay for storing files, and it also helps keep the network secure.
When you pay with WAL, your payment is split over time and shared with storage nodes and stakers. This makes the system fair and stable for everyone. Even if you don’t run a storage service, you can still help secure the network by staking WAL tokens.
In this guide, you’ll learn the simple steps to buy Walrus using a crypto exchange or wallet that supports the token.
How To Buy Walrus In 4 Easy Steps
Here’s a simple guide to help you buy and securely store your Walrus (WAL) tokens without any confusion.
Step 1: Choose a Crypto Exchange Platform
The first step to buy Walrus (WAL) is selecting a trusted crypto exchange that suits your needs. A good platform should offer strong security, fast processing, and a smooth user interface. Always check if the exchange supports your preferred fiat currency or crypto assets.
If you’re using US Dollars, Crypto.com is a reliable choice. For those in the Eurozone, both Kraken and Bitvavo provide direct options to purchase WAL. Stablecoin holders can also opt for Tether (USDT) through platforms like Bybit, KuCoin, Gate.io, and BitMart. Alternatively, Bluefin and MEXC support USD Coin (USDC) trading pairs. Choose a platform that matches your funding preferences and location for the best experience.
Step 2: Register On Any Of The Platforms
After picking the right exchange, proceed to register. Go to the signup page and enter your personal information, such as your email address, phone number, and proof of residence. For identity verification, upload a valid document like a driver’s license or passport.
Most platforms complete this verification within a few hours. Once verified, your account will be ready for transactions, and you can move ahead with purchasing WAL.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Once your exchange account is active, it’s time to add funds and buy WAL tokens. Use fiat currencies like US Dollars on Crypto.com, or Euros via Kraken and Bitvavo for direct purchases.
If you’re using stablecoins, Tether (USDT) pairs are available on Bybit, KuCoin, Gate.io, and BitMart. Those with USD Coin (USDC) can buy WAL on Bluefin or MEXC. Exchanges typically support multiple payment methods such as credit cards, bank transfers, or wallet transfers. Complete the steps as guided on your chosen platform and finalise the purchase of WAL.
Step 4: Store The Cryptocurrency In A Wallet
Once your purchase is complete, transferring WAL to a personal wallet is essential for keeping it safe. Avoid storing assets on exchanges long-term to minimise risk. To do this, go to your exchange wallet, select the withdrawal option, and enter your chosen wallet’s public address.
Ensure the wallet is compatible with WAL before proceeding. Some reliable options include BitGet Wallet, OKX Wallet, Gem Wallet, and Eli Wallet. Choose how much WAL to send, confirm the transaction, and store your tokens securely for full control and added protection.
Popular video guides on buying Walrus (WAL)
Where to buy Walrus (WAL)?
Crypto.com, founded in 2016, offers a comprehensive suite of crypto services, including trading, staking, and a Visa card with cashback rewards. The platform supports over 350 cryptocurrencies and allows users to buy crypto with 20+ fiat currencies. Features include a user-friendly mobile app, NFT marketplace, and DeFi wallet. Security measures encompass two-factor authentication and cold storage solutions. Crypto.com has also partnered with various organisations to expand its ecosystem and enhance user experience.
Factsheet
Operational Since: | 2016 |
Deposit Methods: | Credit/debit cards, bank accounts, ACH, wire transfers, etc |
Deposit Fees: | No charges |
Cryptos Listed: | 300+ |
Trading Fees: | Standard Fee of 0-0.075% for the maker and 0.05%-0.075% for the taker |
Fiat Currencies Supported: | AUD, CAD, EUR, GBP, USD, BRL, TRY |
Trustworthiness: | Safe and Reliable |
MEXC, launched in 2018, is a global cryptocurrency exchange known for its extensive range of digital assets and user-friendly interface. The platform supports spot and futures trading, with leverage options up to 200x. MEXC offers features like staking, copy trading, and a launchpad for new token offerings. Security protocols include multi-tier architecture and cold wallet storage. The exchange provides various deposit methods, including credit/debit cards and bank transfers, catering to a diverse user base.
Factsheet
Operational Since: | 2018 |
Deposit Methods: | Credit/Debit Card, Global Bank Transfer, P2P Trading, MEXC Mastercard |
Deposit Fees: | Free |
Cryptos Listed: | 2800+ |
Trading Fees: | 0.00% for the maker, 0.01% for the taker |
Fiat Currencies Supported: | 50+ |
Trustworthiness: | Safe and Reliable |
Kraken, established in 2011, offers a robust platform for trading cryptocurrencies, including spot, margin, and futures markets. The exchange provides advanced tools like Kraken Pro, featuring customizable layouts and comprehensive charting capabilities. Security is paramount, with measures such as two-factor authentication and cold storage for assets. Kraken has expanded its services to include commission-free trading for U.S.-listed stocks and ETFs, aiming to bridge traditional finance and crypto. With regulatory approvals in multiple jurisdictions, it caters to both individual and institutional investors.
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 Walrus With A Credit Or Debit Card?
You can buy Walrus with a credit or debit card on Crypto.com using USD or on Kraken with Euros. These platforms offer a direct way to purchase WAL without needing extra steps. If you can’t find WAL directly, you can buy stablecoins like USDT or USDC using your card and then trade them for WAL on Bybit, MEXC, or Gate.io. This method works well if direct purchases are not available in your country. Always stick to reliable exchanges to keep your transactions smooth and your funds secure.
What Will You Need To Buy Walrus?
Here’s everything you’ll need to own a WAL token:
- Crypto Exchange: To purchase Walrus (WAL) 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 enable users to make informed decisions and seize profitable opportunities.
- Identification Documents: To access a crypto exchange, you need to create an account and complete a KYC (Know Your Customer) verification process. This involves submitting valid identification documents, such as a passport, driver’s licence, or tax return, to confirm your identity.
- Debit/Credit Card: A debit or credit card is a convenient way to fund your crypto account. Many major exchanges accept cards for direct purchases. Check the platform’s payment options to ensure your card is supported before proceeding.
- Stablecoin/Altcoin: You can also use stablecoins like USDT or USDC to buy WAL tokens. These options let you fund your account or swap for WAL easily. Check if your exchange supports these coins for trading WAL before starting your transaction.
- Crypto Wallet: Once you’ve purchased your tokens, transfer them to a secure crypto wallet. Wallets like BitGet Wallet, OKX Wallet, Gem Wallet, and Eli Wallet offer excellent security features. Always review wallet safety protocols and customer feedback before choosing one.
Ensure that you have all the above things handy for a smooth purchasing experience.
What Is The Easiest Way To Buy Walrus?
The easiest way to buy Walrus (WAL) is through well-known crypto exchanges like Crypto.com, Kraken, and Bitvavo. These platforms allow you to use debit or credit cards and support popular fiat currencies such as US Dollars and Euros. To get started, you need to create an account, complete the KYC verification, and fund your wallet using your preferred payment method.
Crypto.com makes it easy to buy WAL with US Dollars using a credit or debit card. If you prefer using Euros, Kraken and Bitvavo offer a smooth experience for European users. Once your account is ready and funded, you can search for WAL in the trading section and place your order. The tokens will appear in your exchange wallet as soon as the transaction completes.
Before buying, check for any hidden fees and ensure the platform you choose has good reviews and solid security features. If you plan to hold WAL for the long term, consider moving your tokens to a private wallet for better control and safety. Buying on these platforms keeps the process simple, quick, and beginner-friendly.
Best Wallets To Store Your Walrus (WAL)
Selecting the right wallet to store your tokens ensures safety and convenience. Each wallet offers specific features, enabling users to choose based on their preferences and needs.
- Bitget Wallet: Bitget Wallet provides a seamless experience for managing WAL. Users can store, trade, and stake their tokens directly within the app. The wallet also offers access to airdrop campaigns and supports various decentralised applications, making it a comprehensive solution for both beginners and seasoned investors.
- OKX Wallet: OKX Wallet offers robust security features and supports a wide range of cryptocurrencies, including WAL. With its user-friendly interface, users can easily manage their assets, participate in staking, and access decentralised finance (DeFi) services. The wallet’s integration with the OKX exchange enhances its functionality for active traders.
- Gem Wallet: Gem Wallet stands out with its open-source, self-custody approach, ensuring users have full control over their assets. It supports staking for multiple tokens and provides a private, secure environment for managing WAL. The wallet’s intuitive design caters to both novice and experienced users seeking a reliable storage solution.
- Eli Wallet: Eli Wallet offers a straightforward platform for storing and managing WAL tokens. Its focus on simplicity and security makes it suitable for users who prioritise ease of use. With features like transaction tracking and asset management, Eli Wallet serves as a dependable choice for safeguarding your tokens.
Using these wallets ensures your WAL holdings remain secure while providing features tailored to varying user needs.
