How and Where to Buy Raydium in the UK
What is Raydium?
Raydium is a decentralized exchange that uses the Automatic Market Maker mechanism and runs on the Solana network. In addition to the exchange, the Raydium Team is developing the AcceleRaytor launchpad.
RAY is a native token of the Raydium project, and can be used for investing, trading, exchanging currencies, staking, stimulating liquidity pools, building your project on DeFi.
How to buy Raydium (RAY)
In general, the process of buying a crypto token is simple:
Exchange Name:
Binance
Deposit Methods:
Cryptocurrency
Credit card
Debit card
Simplex
Koinal
Fiat currencies:
USD, AUD, EUR, GBP, NZD, CZK + 46 others
Coins Supported:
BTC, ETH, LTC, XRP, LINK, BNB, TRX + 181 others
How to register on the Binance exchange
To conduct transactions on the exchange Binance, you need to create an account.
Create an account:
You will also need to activate your account: to do this, go to the email and find the 6-digit confirmation code in the letter from Binance, which you specify on the site. After that, the system will redirect a new user to a personal account.
How to get verified on Binance
Passing the verified and extended verification opens more trading opportunities for the trader. Let's look at what they are.
Stage 1 verification (confirmed)
To pass the 1st stage of verification:
Processing time for verified verification: up to 10 days.
PLUS extended verification
Having completed the basic verification, the trader can go through the extended verification. For this, the trader will be required to provide the necessary documents with their residential address.
The advantage of the PLUS verification on Binance is the extended deposit and withdrawal limit in fiat: up to $200,000 per day.
To pass the extended verification, select the Verification tab in your personal cabinet, in the new window — Verification PLUS — start. And follow the instructions.
Term of consideration of application for extended verification: up to 10 days.
How to buy RAY with a card
From the home page, find the Buy Crypto tab, select Credit/Debit Card from the drop-down list
Next, specify the amount of RAY you wish to buy and press Continue
Adding a new card
Confirm payment and buy RAY
How to buy Raydium on the market
To buy RAY on the market, click on Trader and select Classic
Then choose a trading pair, for example if you have USDT on your balance you can buy RAY for USDT, to do this choose the trading pair RAY/USDT
Now we can start buying Raydium.
There are 3 types of orders on Binance — limit, market, stop-limit.
To buy RAY through limit order, you must set the price at which we want to buy a coin, to do this in the field Price set the order price, in the amount field set the number of tokens that we would like to buy. Thereafter, the total field will show the amount of USDT needed to buy RAY tokens.
Then you need to press Buy RAY and your order will be placed in Open order.
You can also buy RAY through market-order, to accomplish that, simply enter the necessary number of tokens into the amount field and click Buy RAY, thus you will immediately buy Raydium at the current market price.
The next type of order is a stop-limit order. To use it, you need to set the stop price at which you want to buy the token, and in the limit field the maximum price at which you are willing to buy it.
How to exchange any coin for RAY
To exchange any coin for RAY, select Trade → Convert in the menu
Then in the From field select a cryptocurrency which is available, for example Ethereum, in the To field select RAY. Then enter the amount of RAY we want to exchange into RAY.
Once you have entered the required data, Preview Conversion will appear. If the values you entered are correct, and you are satisfied, click on Convert and RAY will be deposited into your wallet.
Exchange Name:
Gate.io
Deposit Methods:
Cryptocurrency
Fiat currencies:
No
Coins Supported:
Bitcoin, Ethereum, Litecoin, USDT, XMR, DAI, BCH, others
Buy RAY at Gate.ioRaydium overview
|
Genesis Date |
|
|
Market Cap Rank |
424 |
|
Market Capitalization |
30,495,900 GBP |
|
Current Price |
0.148681 |
|
Available Supply |
555,000,000 |
|
Circulating Supply |
205,110,000 |
|
Max Coin Supply |
555,000,000 |
Raydium Price History
|
24 Hours Trading volume |
2,197,840 GBP |
|
24 Hours Trading volume change |
30.8% |
|
24 Hours Low |
0.148485 GBP |
|
24 Hours High |
0.159423 GBP |
|
24 Hours Price Change |
-3.5% |
|
7 Days Low |
0.148667 GBP |
|
7 Days High |
0.198916 GBP |
|
7 Days Price Change |
-23.4% |
|
30 Days Low |
0.148667 GBP |
|
30 Days High |
0.222843 GBP |
|
30 Days Price Change |
-30.8% |
|
90 Days Low |
0.148667 GBP |
|
90 Days High |
0.261753 GBP |
|
90 Days Price Change |
-32.6% |
|
1 Year Low |
0.114679 GBP |
|
1 Year High |
0.261753 GBP |
|
1 Year Price Change |
-86.8% |
Where to Store Raydium
As Raydium runs on the Solana network, a compatible web wallet such as Phantom is needed to store RAY tokens.
Ledger hardware wallets also support the Solana network when connected to a Phantom wallet.
How to Trade Raydium
You can trade RAY tokens on special trading platforms. The most popular ones today are Bitcoin Era, Bitcoin Revolution and Bitcoin Superstar. They offer their users a wide range of services.
|
Min Deposit $250 Exclusive promotion |
Ranking 9.5 |
|---|
Bitcoin Era is an AI-powered trading system that provides automated cryptocurrency investment services for the sake of gaining profit. The platform is backed up by algorithmic analysis that ensures a high level of accuracy. However, you can also apply customized parameters and abandon auto-trading.
|
Min Deposit $250 Exclusive promotion |
Ranking 9.0 |
|---|
Bitcoin Revolution is a live trading platform with automated trading functionality. The platform is fairly new - it was launched in 2017. Over the last few years, it has managed to build a good reputation, although some hurdles were faced along the way.
|
Min Deposit $250 Exclusive promotion |
Ranking 8.5 |
|---|
Bitcoin Superstar is an automated trading technology based on algorithms to determine which options will guarantee positive results in a risk-aversive approach and develop effective strategies.
FAQ
How can beginners buy Raydium in the UK?
The easiest way to buy RAY tokens for a newcomer is to use a cryptocurrency exchange. For example, Binance.
What is the safest way to buy Raydium?
The safest option for purchasing RAY tokens is to buy them on a regulated cryptocurrency exchange.
What is the minimum amount to invest in Raydium?
Although at the time of writing the price of the RAY token is £2.18, it is predicted to be worth up to a hundred pounds in the next few years. Therefore, if Raydium is to be seen as a long-term investment, it makes sense to invest at least £1000.
Is Raydium a good investment in 2022?
Raydium could be a good investment in 2022. The Solana network is steadily gaining popularity due to the fact that its fees are significantly lower than those of the Ethereum network. Raydium also has well-designed tokenomics, so it's worth considering this token as an investment.
How to invest in Raydium?
To invest in a RAY token thanks to a financial advisor, you need to decide on an investment amount, choose a cryptocurrency exchange, register on it and purchase tokens.
Where is the best place to buy Raydium?
Raydium is constantly listing its token on different platforms. The RAY token is traded on leading cryptocurrency exchanges.
Disclaimer
Cryptocurrency trading is a high-risk investment that is not appropriate for all investors. Before you decide to trade cryptocurrencies, think about your financial goals, level of knowledge, and risk tolerance. Furthermore, you should not invest money that you cannot afford to lose because there is a chance you will lose some or all of your initial investment.
You should be aware of all the dangers of cryptocurrency trading and get financial counsel from someone who is not affiliated with any cryptocurrency exchange. This website's opinions, news, research, analysis, pricing, and other information are offered solely for educational purposes and do not represent investment advice.
