How and where to buy Compound Basic Attention Token CBAT with debit or credit card in 2024
Compound Basic Attention Token
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Buying Compound Basic Attention Token with a debit or credit card is the best way to purchase CBAT immediately, as it only takes a few minutes. Today, nearly all exchanges allow FIAT deposits with cards.
However, it is usually not the cheapest option. If you are looking to save on fees rather than time, perhaps the best option for you is buying Compound Basic Attention Token by bank transfer.
The most recommended alternative to acquire CBAT is Binance due to its high security and low fees. It also has multiple advantages:
- No fees for trading BTC and ETH.
- Earn Simple, one of the most powerful staking systems on the market (in our opinion, only surpassed by Nexo).
- Small amounts of free cryptocurrencies for playing weekly WODL or through their Launchpad.
To invest in Compound Basic Attention Token, just follow these steps:
How to buy COMPOUND BASIC ATTENTION TOKEN CBAT with card on Binance
- Register on Binance
- Deposit FIAT money into your account using a bank card.
- Open an order to buy CBAT.
- Once your order is executed, you will have Compound Basic Attention Token in your Binance wallet. Enjoy all its benefits!
You only need an email and a password. You can do it through this link.
Regulatory laws require regulated exchanges to request personal information - like a selfie or a photo of your ID. This process is known as KYC (Know Your Customer) and aims to combat money laundering and terrorist financing. If you prefer not to provide this kind of information, it is advisable to read the article about exchanges without KYC.
You can do this in the "Wallets" menu, from the "Deposit" button and then in the "Fiat" tab, where you can choose from more than 25 different FIAT currencies to make your deposit. This process takes no more than 5 minutes.
To do this, we access the basic purchase from the Markets button, search for the ticker of our cryptocurrency (CBAT in this case) and buy Compound Basic Attention Token in the "Buy CBAT" panel.
Not all cryptocurrencies have a pair with FIAT currencies. When you search for the ticker, the currencies you can exchange them for will appear. If your FIAT currency is not among them, you will have to take an intermediate step: Exchange the FIAT for one of the currencies on the list. Usually, these intermediate currencies are BUSD or USDT. They are a type of cryptocurrency called stablecoins whose value is always 1:1 against the dollar. That is: You will not lose money in this intermediate transaction. You will only have to pay the commissions, which in the case of Binance are very low, only 0.1%.
Binance is the largest cryptocurrency exchange in the world by daily volume and by a significant margin from the second. Even with this volume, Binance has not had any significant security incidents, making it a safe place to buy, sell, and deposit your cryptocurrencies.